Brisbane’s Property Prices Expected To Experience Huge Growth

Property prices in Brisbane are expected to rise by up to 20 percent in coming years as buyers from Sydney and Melbourne enter the local market, a prominent real estate figure said.

Speaking to The Courier Mail, John McGrath said Brisbane’s just over halfway in its property cycle meaning local investors stand to benefit from the slowdown affecting southern states.

“There have been huge capital gains in Sydney and Melbourne and not only has it made it unaffordable, it’s certainly made people look for better value elsewhere in Australia,” he said.

Research stated that Brisbane’s average property price was in some cases half of what Sydneysiders and Melbournians are paying, which demonstrates great affordability.

A city on the rise, world-class developments en route to Brisbane in forthcoming years include Queen’s WharfBrisbane Live and Brisbane Metro.

Mr McGrath said notable upcoming developments and the fact southerners were being priced out of their local markets would be driving forces behind Brisbane’s predicted growth.

“There’s no doubt in my mind there will continue to be growth in south-east Queensland,” he said.

Ayda Shabanz is hosting The Road to Property Ownership workshop on Tuesday November 14th 2017 at the CUB Club in Sydney, New South Wales. Visit to secure your seat at the FREE event.

Why Are Interstate Buyers Eyeing Off Brisbane Property?

As the price of property in Sydney and Melbourne continues to rise in price, savvy investors from these cities are making inroads into the Brisbane market.

Beautiful one day and perfect the next, Brisbane has emerged as a leading location for investors looking for affordable property close to the CBD.

Co-Founder and Director of Grow Property Group, Ayda Shabanz, said there were several reasons why Brisbane was attracting interstate investment.

“The climate is wonderful and there’s a tremendous focus on living an active outdoor lifestyle in Brisbane so this has resulted in many people wanting real estate up north,” she said.

“The defining factor is that property in Brisbane is generally cheaper and providing higher yields than other capital cities across Australia, which means there’s still bang for buck.”

One popular strategy being utilised by first-home buyers based outside of Brisbane is to buy an inner-city property as an investment in Queensland’s capital and hold onto it long-term.

“When interstate buyers do this they have an option to use equity in their Brisbane property down the track to help them buy a home where they want to live,” she said.

For these reasons Ayda Shabanz said that she anticipated more interstate buyers would look towards investing in Brisbane over forthcoming years.

“There have been major infrastructure advancements in Brisbane and when you couple that with really high yields in property it will continue to be an attractive proposition,” she said.

Ayda Shabanz is hosting The Road to Property Ownership workshop on Tuesday February 20th 2018 at WeWork – Pyrmont in Sydney, New South Wales. Visit to secure your seat at the FREE event.

Brisbane Tipped To Become Australia’s Top Property Market

A renowned Australian property expert has predicted that Brisbane will soon emerge as the best performing capital city for housing in the country.

CoreLogic’s Tim Lawless said that a key factor behind his property forecast was the fact that people are migrating to Brisbane more than anywhere else Down Under.

“Higher migration rates implies more demand for housing, which should help to support an improvement in capital gains,” he told The Courier-Mail.

Mr. Lawless said the timeframe in which Brisbane would become the nation’s leading property market was within the next five years.

He also stated that factors such as enhanced affordability and increasing job prospects in the Sunshine State would help to propel Brisbane’s property market.

“Jobs are an essential component of a healthy housing market and a strong labour force has been a key missing ingredient from the Brisbane housing market up until recently,” he said.

“The improved jobs sector, together with high rates of migration and an affordable mix of housing is a solid recipe for stronger housing market conditions.”

Ayda Shabanz hosts The Road to Property Ownership workshop on Tuesday March 20th 2018 at the Queens Arms Hotel in Brisbane, Queensland. Visit to secure your seat at the FREE event.