Brisbane and Gold Coast Queensland Australia Best Valued Property Real-Estate
Investors are getting the better returns in property than they are getting in other asset classes which are not as strong as those that have been available in property real-estate over the last 12 to 18 months
Even though Sydney has led the nation’s median home value growth in 2013 after recording an annual growth of 14.5 per cent, the latest RP Data-Rismark data shows.
This was followed by Perth and Melbourne, where values increased by 9.9 per cent and 8.5 per cent respectively, according to figures released on Thursday.
Senior research analyst at RP Data Cameron Kusher attributed the strong capital growth to cuts to the cash rate and investors returning to the Melbourne and Sydney markets.
Across the country, median dwelling values increased 9.8 per cent, which was the strongest annual growth since 2009, according to Mr Kusher of RP Data.
Last year, values increased in each capital city housing market, 5.1 per cent in Brisbane and 3.5 per cent in Canberra.
Hobart and Adelaide have been the worst performers over the same period with values rising by 2.2 per cent and 2.8 per cent respectively.
Senior manager at BIS Shrapnel, Angie Zigomanis, expects growth prospects to be mixed across the country in 2014.
In particular there are a great number of investors who are going to the Brisbane market in 2014 as it is extremely affordable.
While investors hold strong equity in their homes in Sydney and Melbourne, sufficient enough to buy an investment in Brisbane and the Gold Coast corridor that lays between Brisbane and the Gold Coast.
Anybody who is retiring and wanting to downsize can sell in Sydney, go to Brisbane and the Gold Coast get the same home, and have a few hundred thousand dollars in cash left over to toil with.
Also from an investors point of view the Brisbane and the Gold Coast corridor is very appealing to young families who need to rent, the areas have a wonderful climate with excellent proximity to Cities, beaches, Mountains and all of the first class infrastructure such as airports, transport, freeways, medical, schools, shops, etc…
Property prices will most probably stabilise throughout 2014 with which means good value for buyers
.