Much media attention has been centred on Brisbane as the next property hotspot. With an inability to distinguish ‘reading’ from ‘research’, more and more property investors follow like sheep thinking all roads point to Brisbane, Logan, or Deception Bay.

Over the last decade, Brisbane was a major beneficiary of net interstate migration. Post-GFC, the rate of growth has been easing.  There has been a steady increase in investors looking to buy in Brisbane – but what’s set to happen to the city’s investment potential in the medium to long term?

Brisbane had the biggest pre-GFC build up of over-supply out of all Australian capital cities. This, plus the infamous 2011 floods, resulted in property values declining by a combined 15 per cent during 2011-2012.

A poor climate for construction finance during 2009-2012 meant lower supply and a return to equilibrium. Building approvals are now at record levels again so pockets of oversupply and investor no-go zones will catch out less informed property investors over the next couple of years. The CBD, West End, South Brisbane, Woolloongabba, Fortitude Valley, Bowen Hills, Newstead, Hamilton, Toowong, Nundah, Chermside, Fitzgibbon, North Lakes, The Gap, Calamvale, Narangba, Murrumba Downs, Hills District are all destined for high levels of new supply.

The jobs outlook for Brisbane is healthier than given credit. In November 2014, Brisbane’s unemployment rate of 5.8 per cent compared favourably to the state and national rates of 6.7 per cent and 6.1 per cent, respectively.

Brisbane City Council, Australia’s biggest Local Government Area (LGA), has been proactive at engaging to do business with Asian countries. As a sign of the confidence that some private investors have in Brisbane, there are several new hotel developments, which have added a combined 500 new rooms.

There are some significant major projects currently underway, including a $1.35 billion airport expansion, $1 billion gateway upgrade, $3 billion RNA showgrounds redevelopment, and $1.1 billion Moreton Bay Rail Link.

Pipeline proposals include a $5.2 billion BaT Tunnel, a $3-plus billion integrated resort and casino, and an expanded medical hub at Herston.

Exposure from November’s G20 Summit and the upcoming Commonwealth Games will benefit Brisbane’s economy.

Source:- SMART PROPERTY INVESTMENT MAG

YOUR ONE STOP SHOP IN PROPERTY MANAGEMENT – REMOVING THE HASSLE FROM SALES AND RENTALS BRISBANE WIDE

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About ljgrealestate 据联大

Removing the Hassle from Sales and Rentals across South East Queensland. Aim to Empower other like minded Property Investors. L J Gilland Real Estate is a prestigious boutique agency specializing in Property Investment Management Services and the Sales of Investment Properties with tenants in place. Comprised of a top performing group of handpicked specialists, our Agents proudly serve Property Investors in Queensland. Since 1996 our Agency has demonstrated a genuine enjoyment of working with people, developing long-term relationships and delivering on the promise of great service. Carlos and Linda Debello offer property investor's the confidence to sell and lease in any market. We provide comprehensive market appraisals, exclusive multimedia marketing campaigns, and knowledgeable, highly personalized counsel on all aspects of real estate. Our Property Management Team is equally considerate, offering investors with in-depth advise, well-researched rental valuations, and highly professional rental management services. http://goanimate.com/movie/0M4bvcZzgIbI?utm_source=linkshare&uid=0u6RGtWsmlVc Carlos’ direct mobiles are 0400 833 800 & 0413560808. Linda’s mobiles are 0409995578 & 0414978700 (prefer email contact for Linda). Office 07 3263 6085. http://www.ljgrealestate.com.au http://www.yellowpages.com.au/qld/aspley/lj-gilland-real-estate-pty-ltd-14091356-listing.html http://au.linkedin.com/in/lindajanedebello http://twitter.com/GillandDebello http://www.facebook.com/pages/ljgrealestate
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