- February 4, 2016
- Posted by: Rogers Property Group
- Category: Latest News
If you are looking at how to get started in property investment then this article will be of interest. A recent release from Core Logic RP Data identified that the difference in median house prices between Brisbane and its southern counterparts, Sydney and Melbourne are at the greatest levels in 13 years. Sydney’s median price is almost double that of Brisbane’s and Melbourne is over 40% higher also.
Most property economists and property investment advisors are anticipating further increases in Brisbane’s median house price due to the influx not only of investors looking to make some gains but also owner occupiers looking to move to QLD for a better lifestyle and a chance at home ownership.
Savvy property investors have been aware for some time that there has been great opportunities to buy property at a fraction of the cost in Sydney or Melbourne and this is now catching on to slower moving property investors.