The results of the 2015 Property Investment Professionals of Australia (PIPA) Annual Investor Sentiment Survey are in, and it is good news once again for Brisbane. According to the results, a whopping 58 per cent of these investors said that Brisbane offers the best investment prospects. Here are some reasons why...

First though, let us take a look at the property market as a whole and breakdown the reasons why investors are buying into the property market in the first place.

Of over 1,000 investors who were surveyed by PIPA, almost two thirds of property investors said that they are looking to buy a residential property in the next six to 12 months, with the three biggest contributing factors towards this decision being:

benefit of long-term wealth

capital growth opportunities

Australia’s current low interest rates.

 In fact, over 40 per cent said ‘long-term wealth benefits’ were the primary reason for the decision. So while that provides insight into why investors are buying into the property market, let us delve a little deeper and look at some of the main reasons why Brisbane is their number one location to buy property in.

 One major reason that came from the survey is affordability. Most of the property investors surveyed believed that Brisbane was the most affordable capital city in Australia to buy in right now as Sydney and Melbourne have both seen property prices boom.

 It also comes down to confidence and which state capital investors feel has the biggest prospects. That is where Brisbane came top of the class.

 According to Ben Kingsley, chairman of Property Investment Professionals of Australia, “Investors are seeing Melbourne and Sydney performing very well and they’re looking for alternative markets that they think they can get in before the market starts to move”.

 Kingsley said that Melbourne was approaching the peak of the cycle and Sydney’s market had already started slowing down.

 As previously mentioned, a massive 58 per cent of investors surveyed by PIPA saw Brisbane as the capital city offering the best investment prospects. Comparatively only 17 per cent of investors identified Melbourne as having the best investment prospects, this was followed by Sydney with 11 per cent, 6 per cent in Perth and 5 per cent in Adelaide.

 Mr Kingsley also stated that, “Probably over the last six months there has been some speculation in the Sydney market, and the Melbourne market is enjoying a good spring but I suspect that will slow down into 2016.”

What was really interesting about the survey was how investors viewed the popular so-called ‘bubble’. There has been much talk of late about a property price ‘bubble’, but the results speak for themselves, indicating that 69 per cent of respondents said concerns surrounding a 'bubble' did not cause them to put their investments plans on hold.

So there you have it, as you can see there is certainly a growing trend of investors purchasing property in Brisbane. If you have been considering whether Brisbane is the right place for you to invest, then you just need to do the research and weigh up the facts. It is all right there in front of you.

 To find out more about the Brisbane property market, in particular the sought after Brisbane Central Business District, why not contact the professional property consultants at HSBP on 0419 782 133.