Property developers follow Sydney buyers to Brisbane


Source: Financial Review

Apartment developers from Sydney and Melbourne are heading to Queensland following buyers who have been priced out of the southern cities and want to capture value in Brisbane and the Gold Coast.

Half a dozen developers have purchased more than $100 million worth of development sites in the last few months with close to $1 billion worth of apartments planned.

They are aiming to meet the demands of an increasing number of buyers from Sydney and Melbourne keen on entering the Brisbane market which now has the highest yields for apartments in the country at 5.3 per cent according to Core Logic RP Data.

Read the rest of the article

Learn More.

Property Investing and Land Use Constraints

Most of us know that the use of a property is affected by the “zone” that it is in, but very few…

Will rising interest rates and inflation cause house prices to collapse?

If some media articles were to be believed, the sky is falling in on us. The media like to focus on a…

Are interest rate rises good or bad for property investors?

The recent move by the Reserve Bank to lift interest rates has created a lot of commentary. But how much of it…