Brighter Buying

Brisbane on top for investors

by Karleen Jentz, Copywriter 19 October 2016

Brisbane remains the top spot for property investors with one in two investors looking to park their dollars in Brissie bricks and mortar.

This places our River City well and truly ahead of other capital cities with just one in five investors preferring Melbourne and one in ten preferring Sydney.

The results have been published in the second annual Property Investment Professionals of Australia (PIPA) Property Investor Sentiment Survey.

“Property investors are becoming more savvy. Many of them continue to look outside of our biggest property markets – Sydney and Melbourne – which are coming close to the peak of their cycles,” said PIPA chair Ben Kingsley.

“The two key reasons that Brisbane still attracts investors, in spite of concerns around over-supply, are affordability and the potential for attractive yields. Brisbane is investing in infrastructure to make the city more liveable and investors are clued on to this.”

The survey also found that negative gearing perks and record low interest rates were not driving investor sentiment as much as you might expect.

Only 13% of investors saw low rates as the key reason why property was their most attractive investment choice.

Almost three-quarters of respondents were not worried about potential changes to negative gearing and close to half were positively geared.

Want to invest in a winning city? View our current listings for sale.