Why Buy in the Sunshine State?


That’s a question now being asked by more and more property investors who have been priced out of Australia’s two big capital cities.

While currently, property values are falling in many parts of Australia, the Brisbane property market seems to be steadily gaining pace and the prime beneficiary of Sydney and Melbourne’s slowdown.

More families and downsizers from the southern cities are moving to South East Queensland to cash-in for a lifestyle in the sun and this has made Queensland Australia’s #1 destination for internal migration, boosting the Brisbane property market.

 


With improving economic growth and jobs creation supported by the biggest infrastructure spend since 2011, more and more investors are now looking for opportunities in Brisbane where properties are more affordable, rental yields are higher and future prospects for the market look bright.

Looking ahead, economic forecaster BIS Oxford Economics says Brisbane will lead the capitals, with the value of Brisbane properties forecast to surge as much as 20% over the next three years as economic growth underpins buying in the city’s relatively affordable housing market.

 

Brisbane’s economy is expected to get a major boost from projects like HS Wharf, Queen’s Wharf, Cross River Rail, TradeCoast and the second airport runway.

Job creation is set to skyrocket off the back of these large infrastructure projects.

 

 

Now is the time to invest in South East Queensland, with emerging high return areas like the Sunshine Coast and Gold coast being among the most popular for investors, up and coming Areas like Park Ridge on the western corridor towards Toowoomba are especially popular with locals and first time investors  with huge infrastructure upgrades and reasonably priced house and land packages available.

 

Its Queensland's Time to Shine, come and join us in the Sunshine state, contact JSA today to find your next property.