Brighter Buying

#3 Brissie suburbs on the investor hot spot radar

by Kate Watt, Marketing Manager 21 September 2023

Brisbane remains a steady performer on the capital city investment radar and a recent analysis has turned up three suburbs worth a look.

The Suburbtrends analysis, published by Australian Property Investor, tipped units in popular middle ring suburbs.

The northside boasts two of the three hot spots, with Gordon Park and Kedron earmarked for solid investment potential.

On the southside, Coorparoo made the grade.

All hot spots were within 5-7km of the CBD, offered rental yields above 5 per cent and relatively affordable median unit prices. Gordon Park units still offer a median price of just over $430,000 while Kedron units sit just above $460,000.

But if units aren’t where you want to park your investor dollars, it’s worth researching other markets across Brisbane and Queensland, with investor sentiment holding strong across the Sunshine State.

“Recent findings from the API Magazine Property Sentiment Report for Q2 2023 further support the idea that Queensland is perceived as a promising investment destination,” reports Australian Property Investor Magazine.

“Notably, 31 per cent of all investors across Australia believe Queensland holds the best investment prospects for the future. The same report indicated that a significant majority, 71.8 per cent of property investors, anticipate ongoing property price increases.

“This suggests buyers with the means to purchase property remain active in the market, keen to secure properties before prices climb further.”

Looking to invest? Contact us for a chat or view our current listings for sale.