There has never quite been a better time to invest in Brisbane property, unless you were lucky and smart enough to buy up 30+ years ago, not many of us had that opportunity including myself. Recently the Brisbane City Council has prepared a 118 page document outlining the overall plans for infrastructure investment through to 2031, and there is a lot happening!
A simple cornerstone of property investing is to know that you need an excess demand over supply for the values to increase above inflation.
Population in South East QLD expected to grow by around 1.3 million by 2031 to nearly 4.5 million people, roughly 14.1% increase. This will require a lot of new dwellings as you can imagine.
Currently, new house starts are lagging behind this demand. Hence we get boom years. South East QLD is currently going through one of those periods where demand is outstripping supply. That is why prices are increasing. If you would like to find out more please feel free to inquire today on 1300 148 178 or send an email through to firstname.lastname@example.org