,

Peter Spann’s Property Investment Brisbane – Where to Buy

Once the darling of the property investing set Brisbane is lagging behind Sydney and Melbourne for across the board growth but the early signs of a comeback are in place.   Smart investors will pick their suburbs but could benefit from renewed interest.

With the Qld economy stalling and still suffering post-flood, Government cutbacks, and the slowdown in the resources sector it is a much harder proposition to pin point where growth is likely to occur, however 2014 is likely to be a much better year for investors for all the same reasons with growth likely to be in the 3-5% bracket.

In addition Brisbane’s high popularity with internal immigrants and relative affordability still makes it a popular choice and stock levels have been declining for some months.

This all looks slightly more positive for the year ahead.

At the beginning of 2014 I released my “Peter Spann – Where to Buy Guide for Property Investment Brisbane.”

Let’s see how they have performed…

Suburb Median
Price
3 Month Growth
As at Sept 14
12 Month Growth
As at Sept 14
Gross Weekly
Rental Yield
Albion $663,000 0.2% 19.4% 4.2%
Alderley $620,000 3.3% 6.0% 4.4%
Chermside $450,000 0.7% 2.7% 4.6%
Coorparoo $665,000 0.8% 10.9% 4.2%
Hendra $725,000 0.7% 3.7% 4.7%
Kedron $573,000 2.8% 16.3% 4.6%
Keperra $427,000 1.2% 5.5% 5.0%
Mt Gravatt $558,000 7.2% 14.2% 4.4%
New Farm $555,000 5.1% 11.0% ?
Nundah $545,000 1.0% 1.6% 5.9%
Redcliffe $375,000 2.2% 10.3% 5.2%
South Brisbane $645,000 9.3% 17.3% 4.4%
Springwood $410,000 1.5% 8.8% 5.4%
Stafford Heights $495,000 2.4% 11.2% 5.0%
Toowong $671,000 0.8% 8.4% 4.4%
Underwood $436,000 1.3% 1.9% 5.2%
Woolloongabba $625,000 0.4% 3.1% 4.3%

 

So, unlike my Sydney and Melbourne picks these have not set the world on fire, still even the worst of them would have seen you “bank” $9,500 in extra equity and the best of them would have seen you $950,000 richer through equity growth.  And with interest rates still in the low 4’s every one of these properties would have been cash flow neutral or positive.

However suburbs like Yeerongpilly grew by 45.9% in the last 12 months and Park Ridge 37% so the growth is there if you are prepared to look for it.

Fast movers in Queensland include:

  • Ascot with a 3 month growth rate of 13%
  • Bokarina with a 3 month growth rate of 7%
  • Craigilie with a 3 month growth rate of 15.1%
  • Hatton Vale with a 3 month growth rate of23.5%
  • Jacobs Well with a 3 month growth rate of 11.7%
  • Park Ridge with a 3 month growth rate of 15.4%
  • Ravenshoe with a 3 month growth rate of 13.1%
  • 17 Mile Rocks with a 3 month growth rate of 15.2%
  • Toorbul with a 3 month growth rate of 22.2%

 

 

Profit From the New Property Boom

Find out about Peter Spann’s exciting new On-Line Property Investing Course Property Pay Day:

http://www.propertypayday.com.au/property-pay-day-2/

original-logos-2014-Jan-6759-713028

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Written by Peter Spann

Peter Spann – Film Maker | Director | Business Coach | Writer | Public Speaking Coach | Presenter | Investor.

Click Here  to learn about my business services.

© Copyright: 2014 Peter Spann – All rights reserved

Interested in Sydney Property?

Read my Property Investment Sydney – Where to Buy Blog here:

http://www.propertypayday.com.au/peter-spanns-property-investment-sydney-where-to-buy/

Interested in Melbourne Property?

Read my Property Investment Melbourne – Where to Buy Blog here:

http://www.propertypayday.com.au/peter-spanns-property-investment-melbourne-where-to-buy/

 

 

© Copyright 2014 Peter Spann All Rights Reserved

 

 

 

 

 

1 reply

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *