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5 ‘safe bets’ in Brisbane

5 ‘safe bets’ in Brisbane

by Emma Ryan | October 22, 2019 | 1 minute read

If you’re looking to invest in Brisbane, there are five suburbs set to guarantee a good return, according to local economist.

Brisbane
October 22, 2019

Nerida Conisbee, chief economist at realestate.com.au, says that Brisbane’s strength is seeing it become the place to invest in, with more people opting for the north than its east-coast neighbours.

“While prices in Sydney and Melbourne have tumbled over the past two years, pricing in Brisbane has been remarkably stable,” Ms Conisbee said.

“This is despite a lot of concerns about apartment oversupply, which have turned out to be vastly overstated.”

Top areas:

  1. New Farm
  2. Bulimba
  3. Auchenflower
  4. Camp Hill
  5. Wishart

Ms Conisbee also noted that rental properties in Brisbane are receiving a lot of interest.

“While prices are still relatively flat, we are starting to see some positive signs for rental demand,” she said.

“Inner-Brisbane is seeing some of the highest views per listing for rental properties in Australia. This is now starting to flow through to rental growth.”

 

About the author

Emma Ryan

Emma Ryan

Emma Ryan is the deputy head of editorial at Momentum Media.

Emma has worked for Momentum Media since 2015, and has since been responsible for breaking some of the biggest stories in corporate Australia, including across the legal, mortgages, real estate and wealth industries. In addition, Emma has launched several additional sub-brands and events, driven by a passion to deliver quality and timely content to audiences through multiple platforms.

Email Emma on: [email protected]com.au

5 ‘safe bets’ in Brisbane
Brisbane
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