Where are the best pockets to park your investment dollars within a 10-kilometre radius of Brisbane city? Read below 👇
Advertisement
Polarising inner city suburb Fortitude Valley also made the top 10, alongside Gordon Park, Enoggera and Woolloongabba with each postcode scoring a strong yield of over five per cent. Among the top 20 markets by rental yield, all were unit markets, not houses. ”Kelvin Grove has long been the little sleeping giant – it gets over shadowed by surrounding suburbs like Paddington but in the last two or three years there’s been a lot of infrastructure work there,” he said.“We’ve got the metro rail coming in here … then you’ve got the nearby Victoria Park Golf Course. Then you’ve got the amalgamation with Newmarket with the green belt, and then you’ve got the Olympic Games and all the upgrades that will come with that to this area.
“Units and townhouses are the one area of the market that’s performing really well right now, and investors are seeing the value. They are mostly locals, but we’ve had a few from Sydney and Melbourne,” she said. “I think people are seeing really good value in terms of inner city apartments … especially for those who want to invest with the intention of moving in after a few years.”
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Brisbane burns with envy as Sydney sizzles its way into record booksIt might have felt unseasonably warm in Brisbane lately, but Sydney is the city breaking July weather records.
Read more »
Hidden 'trap-door' drug lab discovered in Brisbane homeA 51-year-old man has been charged by police after a secret drug lab allegedly producing meth and 'magic mushrooms' was uncovered in the garage of a Brisbane home.
Read more »
Trapdoor at Brisbane home leads to ‘dangerous’ discoveryThe discovery has sparked ‘significant health concerns’ for nearby residents.
Read more »
Brisbane’s suburban rich list: Tracking the city’s changing fortunesThere have been some unexpected changes to Brisbane’s suburban income rankings in the past decade, with new contenders breaking into the top 10.
Read more »
Brisbane 124-year-old primary school to be moved ahead of OlympicsQueensland Education Minister Grace Grace has confirmed a 124-year-old Brisbane primary school will be relocated to make way for the major Gabba stadium rebuild ahead of the 2032 Olympic Games.
Read more »
‘Will be screwed’: Rinehart emails read in battle over billionsPrivate messages between Gina Rinehart's children about a legal bid against their mother have been aired.
Read more »