Brisbane: The quiet achiever
Brisbane is a quiet achiever. Over the past decade, the average annual growth for Brisbane has been 1%. But the Brisbane market has also proven itself to be more stable and resilient. During the market correction period of 2017-18, Brisbane’s falls were shallow compared to other cities.
And in the last year, prices have grown by 3.3%. Brisbane has grown despite Covid and the recession, another example of the city’s resilience. Which is to be expected, considering Brisbane’s steady population growth which constantly drives new demand, and the economic conditions in the region.
Brisbane also stands out for having high rental yields. The average yield for houses is 4.2%, and for units it is 5.2%. For comparison, the average yield for Sydney houses is 3.3%.
A stable investment opportunity
This makes Brisbane a great market for investors who are looking for high passive income through rent. And since the median house prices are comparatively low, it’s much easier to get your foot in the door.
But a rising tide lifts all ships, so Brisbane is excellent for investors with any exposure to property, whether that’s through a buy-and-hold strategy, a real estate trust, or property development. ∎
Investing in Brisbane
If you would to learn more about investing in Brisbane or to check your eligibility for investing in property developments, fill in the form below.