According to Australian property advisor Terry Ryder, while Sydney and Melbourne are slowing down, Brisbane’s indicators are showing signs of a strong property investment market.
While the Brisbane market is strong, it is not just a one horse race when it comes to suburb growth. Different suburbs have been shining as far as capital growth is concerned over the last 18 months.
It seems to be a battle between suburbs north and south of the river with no clear leader yet. Last year the north was strong but this year the south is now showing signs of even stronger growth.
Logan City has 18 suburbs with rising sales trends, which is the second best in Australia (behind the resurgent Gold Coast).
For property investment, it is a great time to enter the greater Brisbane market which is following in the footsteps of Sydney and Melbourne significant growth over the last few years.