The Brisbane and Gold Coast markets have been moving very slowly over the last few years with prices dropping across the board in most suburbs. The Gold Coast itself has been off the radar for most Australian property investment advisors for quite some time but it looks like that could all change. Brisbane and the Gold Coast showed a total increase in property returns of 5% over the last year. Rents alone went up by 4.7%.
With property in Brisbane and the Gold Coast extremely affordable and well priced when compared to other large cities around Australia it could be a sleeping giant that no doubt property investors will be keeping their eye on.
