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5 ‘safe bets’ in Brisbane

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

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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.”

 

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