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
07 3849 9822
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