Here at HSBP we see it time and time again… elated investors who made the decision to start investing in apartments, right here in the Brisbane CBD. Question is why? What makes Brisbane better than say Sydney or Melbourne? We explore five reasons why more and more investors are heading to Brisbane…

 1. Great prices

While incomes are fairly similar along most of the east coast of Australia, the same cannot be said for property prices. In comparison to its southern counterparts, such as Melbourne and Sydney, the cost of a Brisbane apartment is close to half the price. Bargain!

 2. Healthy rental yields

Brisbane’s rental yields are also much healthier than those in Sydney and Melbourne. For example, the latest Domain Group figures report that Brisbane’s rental yields are 4.8 per cent for houses and 5.1 per cent for units, which is a substantial difference to Sydney’s rental yields which are currently at 4.1 per cent and 3.3 per cent respectively. 

Domain Group’s chief economist Dr Andrew Wilson says, “Because prices (up to now) have been a bit flat there, and vacancy rates low while rents are quite moderate, it means yields are higher than in Sydney and Melbourne.

3. People pressure

Current statistics show that Brisbane’s population is growing at a faster rate than Sydney and Melbourne. In fact, Brisbane’s population is set to reach 3.4 million over the next 20 years, which is a massive growth of 44 per cent. A number which tops that expected for both Sydney and Melbourne at 32 per cent and 40 per cent respectively.

4. High-end development projects

Another reason we are seeing many investors head to this part of the world is due to the new projects being built. But we are not talking just any old project, these new developments are setting a completely new standard here in Australia. We are seeing more and more high-end, resort-style developments; the kind that offer luxurious rooftop pools and terraces, fully equipped gyms, outdoor kitchens, Zen gardens – and much more! These structures are truly something very special – and becoming increasingly harder for cities like Sydney to replicate due to the cost of land and construction alone.

 5. What more reason do you need

Glorious scenery and beaches, amazing infrastructure, luxury shopping (thanks to brands like Tiffany and Prada), a $3 billion Queen's Wharf development, the coming Commonwealth Games, the light rail and link to heavy rail. There are so many reasons to invest in this glorious city. The good news is, with investment properties in Brisbane, now you have an excuse to head up to the sunshine state each year for business… and for pleasure.

 As you can see it truly makes sense to invest in Brisbane. Plus, throw in the RBA’s lately decision to cut the cash rate to 1.75 per cent (the lowest in history) and you have yourself all the makings of a great investment opportunity right there on your door step.

 For more information on the latest apartments and investment opportunities in the Brisbane CBD, call Hannah and the team on 0419 782 133.

 All statistics and figures are from www.domain.com.au