Our Top Picks for Investors • Under $1m in Brisbane
As Brisbane’s median house prices jump ever higher and interest rates swallow margins, investors might be wondering where they can still make strong returns.
For under $1,000,000 there are still some fantastic opportunities for investors that will not only demonstrate strong yields in this challenging financial climate, but also prove their worth when it comes to reliable capital growth. Here’s our top 5 picks in Brisbane for astute investors
Wynnum West - Proximity to everything
• 4.8% population increase (5 years)
• 65% Owner Occupied
• Average Days on Market 18
• Annual Capital Growth (10 years Avg.) 10.48%
• Gross Yields 4.04%
• Median Sales Price: $886,000 (Houses)
• Demographics: Average Age 40-59
• Feature: Ability to live a coastal lifestyle within commuter distance to Brisbane CBD, Great access to public and private transport links.
Mango Hill - Local Hubs
• 94% population increase (5 years)
• 54% Owner Occupied
• Average Days on Market: 16 Days
• Annual Capital Growth (10 years Avg.) 7.94%
• Gross Yields 4.17%
• Median Sale Price: $770,000 (Houses)
• Demographics: Average Age 20 - 39
• Feature: Very walkable w/ great access to parks, schools & shopping hubs
Ferny Grove - Occupier Appeal
• 1.6% population increase (5 years)
• 77% Owner Occupied
• Average Days on Market 17
• Annual Capital Growth (10 years Avg.) 9.66%
• Gross Yields 3.88%
• Median Sale Price: $895,000 (Houses)
• Demographics: Average Age 40 - 59
• Feature: Good school catchments, access to Kedron Brook, Infrastructure Priority Region.
Woody Point - Affordable Growth
• 8.3% population increase (5 years)
• 54% Owner Occupied
• Average Days on Market: 40
• Annual Capital Growth (10 years Avg.) 10.87%
• Gross Yields 3.83%
• Median Sale Price: $799,000 (Houses)
• Demographics: Average Age 40 - 59
• Feature: Ability to live a coastal lifestyle within commuter distance to Brisbane CBD
Stafford - It’s all Happening in Happy Valley
• 8.3% population increase (5 years)
• 49% Owner Occupied
• Average Days on Market: 25 Days
• Annual Capital Growth (10 years Avg.) 10.61%
• Gross Yields 3.43%
• Median Sale Price: $1,00,000 (Houses)
• Demographics: Average Age 20 - 39
• Feature: Access to local amenities, Hospitals, shopping & Kedron Brook, Close to Brisbane CBD