As 2014 flies by one thing is certain, Brisbane’s inner city continues to buzz! With the surge of cafes and bars popping up in the CBD, the ease of  public transport and added exposure from international events such as the G20, Brisbane continues to see an increasing demand for inner city rental properties - and this is not going unnoticed by investors!

“Over the last year, I have seen a change in direction in regards to people’s desires. They are wishing to be in the heart of it all - the pubs, the cafes, the shops, the entertainment and many people are choosing to rent long-term, opting for funky inner city apartments rather than purchasing their house and picket fence in the suburbs”, said Hannah Schuhmann, Principal of HS Brisbane Property.

Two bedroom apartments have without a doubt trumped Brisbane’s rental market over the last 12 months, with statistics showing a record growth.  In a recent research project undertaken by Brisbane property firm Place Advisory it showed that throughout 2013 there was an 11% increase in new rental tenances with 3,108 new bonds signed for two bedroom apartments, compared that just 1,807 signed for one bedroom apartments and 608 for three bedrooms.

"This is really interesting data and very encouraging for investors coming into the market.  We are definitely seeing a encouraging growth and receiving a great deal of interest in two bedroom apartments at the moment. It’s without a doubt, the perfect time to invest" said Hannah.

Some of the other findings that have come out of the Place Advisory research project provide other great insights into the current market place:

• Public transport was actually noted as a top priority for property investors showing that 70% of investors regard being close to transport as a must have.
• 64% of investors felt that being close to the city was a top priority also.
• 62% of the investors advised that having access to retail and entertainment options was top of their list when it comes to choosing an investment property. 

This again puts the Brisbane CBD at the forefront when it comes to the right location for investment properties in Brisbane, it truly does tick all the boxes!  For more information contact Hannah today on 0419 782 133.

"Brisbane" by Troy Faulder
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