03 Mar A Major Player in the 2022 Investment Property Market
The Sunshine State continues to deliver superb investment potential in 2022.
Not only is it an incredibly fast moving market – with properties reportedly selling within 24 hours of being listed – it is proving very fruitful for investors who are purchasing ahead of the curve.
Last year houses on the Sunshine Coast, for example, increased in value by 33.7% as a wave of seachangers moved from southern states in search of the enviable SE Queensland lifestyle.
This interstate migration is not a one off event either. As remote work becomes more prevalent across a number of industries, we fully expect many Australians to take the opportunity move to Queensland and bring their job with them. The result? Continued house value growth and rental yields for your investment properties in the sunshine state.
“Queensland has been through an absolute bumper of a year for housing markets.“
– Tim Lawless,
Corelogic Research Director
The Best Is Yet To Come
As the Brisbane Olympics approaches, we’ll see a steady rise in property values throughout South East Queensland that continues to build and pick up pace in the years leading up to 2032. If you’re able to secure the right property now, whilst prices are affordable and interest rates are low, you’ll be able to make significant gains.
Recent reports from realestate.com.au revealed that the average time that a property spends on the market is an astonishing 32 days much less in the most highly desired suburbs!
QLD to Outshine NSW and VIC
Brisbane price growth is set to outperform Sydney and Melbourne in 2022. Where other major capital cities show signs of the market cooling, the Queensland capital could expect double digit growth in property values due to mass interstate migration, relative affordability and high levels of demand.
Rental yields are considerably higher too. Whilst Sydney and Melbourne have produced the lowest yields in Australia, Brisbane and Regional Queensland boast some of the strongest….
What does this mean for investors? Higher cash flows, sustainable investments and more money in your pocket!
Make sure that you are ready to succeed
Everyone’s individual circumstances are unique. Discover in detail what being Buyer Ready looks like for you and stay well equipped to take action on the best and fastest selling opportunities.
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