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Brisbane has some good opportunities in a number of areas, the prices up their unlike Melbourne and Sydney have not sky rocketed in the last few years. Areas such as Caboolture, Algester, Woodridge for example are cashflow positive areas, with good yields of 6-8%, be careful of Woodridge as their is alot of crime in the area. Their are also a number of good areas in Brisbane to invest for capital growth. Qld also has half the stamp duty cost that VIC and NSW has.
Hi Yuol,
What are your long term property investing goals? I always find it easier to start with the end result in mind then work backwards in terms of how I can achieve the goals that have been set. This will make it easier to decide on what properties are suitable for you based on your targeted goal.
Keep in mind that CF+ properties tend to be in smaller towns, they can sometimes be harder to rent due to smaller population and capital growth can be slow, which in the long run will slow down your investment journey due to running out of deposit funds for future investments.
