Metrocity Realty

 

Investing? What's the Outlook For Brisbane?

Several well-documented factors affect the Brisbane property market, including interstate migration and relative price differences.

But a new wave is expected in the coming years, revealed in a study by National Property Research: a surge of international students. The same source quotes a rise from 11,000 to 17,000 over the next three years. 

And what of the predicted over-supply of units in inner-city Brisbane resulting from the current boom? If this student influx happens, it will give a great boost to the rental market, especially units in the CBD. 

Apartments are expected to increase to a total of 2,500. 


Why Do Students Seem to Prefer Brisbane to Other Cities? 

Three reasons predominate: 

  • Lower costs involved; 
  • The lifestyle offered; 
  • Quality of the universities. 

 

What are Students Looking For in Their Accommodation? 

  • Property close to the city, universities and public transport; 
  • Facilities such as pools and gyms. 

 

Not all property will be suitable, so care (as always) will be needed. Discuss any property investment with your financial adviser before you commit to it.