Top Suburbs for property investing in Brisbane

Agree with Benny we are starting to get a mountain of forum clients ask us to source investment property for them in Brisbane and the requirements of each investor is totally different when it comes to price, market demographics, unit or house, etc etc.

I certainly know where i am putting my money in Brisbane but that is not to say it is for every client.

Cheers

Yours in Finance

Here's an article from API magazine (from Sam Saggers who runs Positive Real Estate) that may be helpful to you

http://www.apimagazine.com.au/blog/2011/08/brisbane-is-it-time-to-catch-a-blue-chip-bargain-before-a-boom/

Too right. Should have checked the article date before posting.

Here is a more recent post http://www.news.com.au/finance/real-estate/battler-burbs-to-become-national-hotspots-in-2014/story-fndbalka-1226783863132

Unsure how reliable it is but here is what they say

Brisbane

In Brisbane, it's all about Kelvin Grove, where rental returns are averaging around the 7 per cent mark.

The suburb has already been gentrified but Mr Ryder believes there's still room for strong capital growth.

"Kelvin Grove is Brisbane's infrastructure central with a uni campus, major schools a cross-city tunnel and bus links to the airport," Mr Ryder said.

Ryder is also enthusiastic about Toowong in Brisbane's inner-west.

"Toowong is lovely area and is being targeting by a lot of people working in the mines because it is close to the city and the tunnel airport link."

Buyers should also consider the Redcliffe Peninsula due to the affordable homes, lifestyle features and transport infrastructure, he said.

The median house price in Redcliffe this year was $340,000.

Not to sound facetious, but can everyone list the top 5 best films?

My point being, everyone will have a different opinion. Also price would be another thing, no good list 5 million dollar plus suburbs if you only want to spend $300K

For Brisbane, I am seeing a lot of activity stirring in Brissy and from experience am finding the inner north side not too bad (Chermside area and closer to the city not out in the sticks like North Lakes, not that it is a bad area, I just think it is too far out and the traffic is horrendous, but it's good for a middle class family with a single income).

I find Kedron to be a nice area, it is not too far from the city, near the toll road tunnels if you use them (and they can save a bit of time and traffic)  and the Kedron brook + bikeway is a nice family and dog friendly area, not to mention the nearby bus way. It is where the prices start going up, I also like Newmarket, Windor, Wilston, Grange area, but these areas get a bit pricey, there is also Wavell Heights, Chermside area that aren't too bad either.

As some others have mentioned Toowong is an not a bad place either, I enjoy that area when I go there, but I am not too sure on the pricing.

As for capital growth, that's always speculation, I find a handy bit of advice to ignore in this situation is the one on not getting emotionally attached. That's because if you can become emotionally attached to the area/ suburb (NOT house!!!) then others will too. Once you fall in love with it, put your investor cap back on and remove the emotion from the individual property purchase.

  The East has a lot going for it particularly on the Eastern Seaboard of Australia. 

 1.  If travelling to or from work, the Sun is NOT in your eyes (assuming you work a 9 – 5 work-day.).

 2.  You are automatically going to be nearer the Coast with its cooling breezes.

 3.  There is LESS land available to the East – most evident in Sydney where there is diddley squat to the East, but what IS there is some of the highest priced (and prized) real estate.  Still applicable but to a lesser degree in Brisbane – it is about 25Km to the Coast when heading East.

  (I don't know how this East vs West thing might work in Perth…..) ????

Benny

Hi guys,

I've spent quite a bit of time working and living in Brisbane over the years. I have to say I agree with Aussieguy2000, it is absolutely a matter of opinion in terms of what suburb would make a good long term investment. Personally, I always preferred to live somewhere reasonably close to the CBD and with a family type feel to it. Kelvin Grove, Chermside are all good options because of the infrastructure/transport etc. Ultimately though, there is so much new development going on in the outskirts of Brisbane and job prospects have been a little up and down recently. I don't think there is such a thing as a sure thing, suburb wise anymore. As has been mentioned quite a few times though, it's all a matter of opinion! Try living there or talk to someone who has lived there to get  feel for the lifestyle.

I'd  love to hear if anyone has had a positive experience from owning a rental property in the Fairield/Ashgrove area..

Gaz