SOUTH BRISBANE IS NUMBER ONE
Written on the 4 May 2015
SOUTH Brisbane and West End are being eyed by investors more than any other Queensland suburbs, with people showing a preference for cityscapes over sea changes.
This is according to realestate.com.au's Investor Hotspots, which refers to the ten most searched Queensland suburbs found through the website's search tool and map function.
During January to March this year, South Brisbane, West End and New Farm were the three most searched for Queensland suburbs, followed by Indooroopilly, Toowong and Woolloongabba.
Queensland may boast some of the best beaches, but Southport was the only coastal suburb to rank in the top 10.
Shane Bulloch, CEO of Brisbane-based development business Anthony John Group, says South Brisbane's attractive population forecast is also showing a lot of promise for investors over the next 20 years.
"Strong demand means strong capital growth and that's what investors want to see," he says.
Bulloch says investors are looking for proximity to CBD with the perks of a residential community.
"The premium location on the Brisbane River, green spaces, educational facilities and employment opportunities makes South Brisbane an investor's dream," says Bulloch.
"The demand for property in this area is also driven by the many lifestyle amenities on offer and significant infrastructure.
"You don't require a car if you live in South Brisbane. There are flexible public transport options including easy access to the trains, buses and ferries."
Queensland's Investor Hotspots January - March 2015: