Queensland’s population is expected to hit 5.789 million by 2027 and 6.693 million by 2042.
 

Currently sitting at just over 5 million that means nearly 800,000 people (or nearly 89,000 a year) over the next 9 years.

The question is where will this additional population live? Which areas will experience the fastest rates of growth? And where will the job opportunities emerge? 

These type of insights can greatly assist investment decisions. And are just some of factors we consider when weighing up a property investment strategy for a client.

But property investment isn't just about where the opportunities are. It also requires an approach that properly considers your current circumstances and your future plans. 

As many investors have found just jumping in the market and hoping is not a sustainable strategy.

Right now I am opening up my calendar for a FREE telephone appointment to discuss how you can kick-start a sustainable investment plan in 2019. So book in a time today. Click here to go to my calendar now.

I look forward to talking with you

Greg Carroll
07 3849 9822
MORE THAN ACCOUNTANTS

Solid economic fundamentals have positioned many of Queensland’s residential real estate markets for a good year ahead, with steady demand growth forecast due to rising population, improving employment rates and better lending conditions. Read the full article here

BRISBANE’S housing market has recorded the strongest annual rise in rents in three years. The latest CoreLogic data by realestate.com.au shows house rents increased 2.4 per cent in 2018, while the cost of leasing a unit became 2.6 per cent more expensive. With a pull back in development projects and an additional 66,500 new residents into the South East per annum this presents more good news for landlords seeking to increase yields. Particularly while the Brisbane market remains affordable.

It may also bring some relief to unit holders who have had to deal with an over supplied market for the past 2 years. Although indications are that much of the population growth with be directed towards Brisbane's outer ring suburbs.

So there is opportuinity for investors but importantly a more considered approach is required. 

Right now I am opening up my calendar for January for a FREE telephone appointment to discuss how you can kick-start a sustainable investment plan in 2019. So book in a time today. Click here to go to my calendar now.


I look forward to talking with you

Greg Carroll
07 3849 9822
MORE THAN ACCOUNTANTS

Some of the industry’s top heavyweights have shared their predictions for the state’s housing market in 2019 — and the forecast is sunny. Go here to read full article

According to the Real Estate Institute of Queensland’s Queensland Market Monitor a number of outer Brisbane suburbs reported a double-digit annual median house price growth in the range of 10 per cent to 17 per cent for the past year. Go here for full article

Labor has announced a ten-year plan to build 250,000 new homes

The Queensland government has declared a Cross River Rail Priority Development Area as it prepares to build a new underground station in the heart of Brisbane city. Go here for full article

A solidly performing southeast corner property market beat predictions of doom and gloom as Brisbane, the Sunshine Coast and the Gold Coast all posted record annual median house prices in the September quarter of the REIQ Queensland Market Monitor report. Read full report here

Here is how HTW's year in review describes Brisbane

As an overall performer, Brisbane was “unexciting and safe”.

“We are now used to being a modest but positive performer when it comes to capital growth.”
Across the Brisbane market, the inner-city and near city addresses have been tightly held in 2018.
 

“Not surprising really – these locations are perennially strong performers,” the report said.Brisbane's middle ring also fired up in 2018 and remained desirable due to affordability and proximity to lifestyle nodes, infrastructure and public transport.Thanks to major infrastructure projects such as continued works on Queens Wharf and the Howard Smith Wharves, Brisbane gained a “more positive profile” in 2018.

Where is Brisbane on the property clock? Herron Todd White says Brisbane is a "rising market". 

Brisbane house prices are forecast to rise faster than any other capital city over the next two years