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Property Experts Reveal Surprising Areas Investors Are Snapping Up

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Property Experts Reveal Surprising Areas Investors Are Snapping Up

We all know Sydney’s property market has taken hit after hit recently — but there are other lesser-known areas that are experiencing a sudden property boom.

That’s according to Australian real estate experts, who claim that while investors may have deserted Sydney and Melbourne, their attention has turned to other regions across the country.

According to Daniel Walsh of investment buyer’s agency Your Property Your Wealth, investment activity has now firmly shifted to Queensland.

“Net migration has now overtaken Melbourne due to the affordability that Brisbane has to offer,” he explained.

“We’re also seeing rising demand particularly in the housing sector in southeast Queensland where yields are high and jobs are increasing due to the amount of government expenditure around infrastructure which is attracting families to the Sunshine State.

“With Brisbane’s population growth at 1.6 per cent and surrounding areas like Moreton Bay at 2.2 per cent, the Sunshine Coast at 2.7 per cent and Ipswich at 3.7 per cent, we are forecasting that Brisbane will be the standout performer over the next three to five years.”

Realestate.com.au chief economist Nerida Conisbee agreed, saying Sydney investors especially had started to turn their attention north.

“Interest is strong in the Gold Coast across the board although there’s more action on the south side in places like Tugun and Burleigh Heads,” she said, adding there was also a notable trend towards Tasmania, Adelaide and pockets of NSW.

“In Tasmania, most activity is definitely taking place in Hobart, but it has shifted — a lot of the action was in the inner city, but it’s now happening in the middle and outer ring suburbs, as well as in Launceston.

“Tweed Heads and Byron Bay (in NSW) have also had strong price growth at the moment,” she said, adding that in Sydney, trendy inner-city suburbs like Paddington, the premium end of town and areas like Winston Hills in the city’s west were defying the downward trend.

Ms Conisbee said long-neglected Adelaide was also finally booming after recently hitting the highest median house price ever recorded, largely driven by jobs and economic growth off the back of defence contracts, the announcement of the new Australian Space Agency and other investment in the area.

“Inner Adelaide, beachside and the Adelaide Hills tend to have the most activity but there’s also quite a lot of rental demand in low-cost suburbs so we’re expecting to see a bit more investment there in those really cheap suburbs over the next 12 months,” she said.

“There you can get houses for $250,000 so for an investor, it’s a relatively low cost in terms of outlay and the area is seeing really strong rental demand which means you’re more than likely to get tenants, so for investors it’s a really attractive area.”

Mr Walsh said Sydney still remained a solid investment option in the long term — but stressed it was just not the right time to buy in the city due to its market cycle as well as lending constraints.

“While property prices in Sydney have softened by about 9 per cent this year, they are still high, which means it’s not an affordable option for many investors,” he said, noting the city’s high buy-in prices coupled with relatively low rents made the yields quite unattractive.

“At this point in time, the high costs of entry as well as holding costs make it a location that should be avoided — but not forever,” he said.

“The thing is, Sydney is still Sydney, which means that it will always be in demand.

“Its population is forecast to grow by some three million people in the decades ahead, plus it remains our nation’s economic engine room.”

He said the entire NSW economy remained “robust” with unemployment falling to 4.4 per cent last year, with Sydney’s major infrastructure program also proving there was “much to be positive about” in Sydney.

“Sydney homeowners and investors who bought a number of years ago are still well ahead because they chose the optimal time to buy and they remain focused on the future,” he said, adding the optimal time to re-enter the market probably wouldn’t be for at least another year or two.

Source: brisbaneinvestor.com.au

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Opinion

Negative gearing changes will affect us all, mostly for the better

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Negative gearing changes will affect us all, mostly for the better

Don’t have a negatively geared investment property? You’re in good company.

Despite all the talk about negatively geared nurses and property baron police officers, 90 per cent of taxpayers do not use it.

But federal Labor’s policy will still affect you through changes in the housing market and the budget. Here’s what you should know.

Labor’s negative gearing policy will prevent investors from writing off the losses from their property investments against the tax they pay on their wages. This will affect investors buying properties where the rent isn’t enough to cover the cost of operating the property, including any interest payments on the investment loan.

Doesn’t sound like a good investment? Exactly right: negatively gearing a property only makes sense as an investment strategy if you expect that the house will rise significantly in value so you’ll make a decent capital gain when you sell.

The negatively geared investor gets a good deal on tax – they write off their losses in full as they occur but they are only taxed on 50 per cent of their gains when they sell.

Labor’s policy makes the tax deal a little less sweet – losses can only be written off against other investment income, including the proceeds from the property when it is sold. And investors will pay tax on 75 per cent of their gains, at their marginal tax rate.

Future property speculators are unlikely to be popping the champagne corks for Labor’s plan. But other Australians should know that there are a lot of potential upsides from winding back these concessions.

Limiting negative gearing and reducing the capital gains tax discount will substantially boost the budget bottom line. The independent Parliamentary Budget Office estimates Labor’s policy will raise about $32.1 billion over a decade.

Ultimately, the winners from the change are the 89 per cent of nurses, 87 per cent of teachers and all the other hard-working taxpayers who don’t negatively gear. Winding back tax concessions that do not have a strong economic justification means the government can reduce other taxes, provide more services or improve the budget bottom line.

Labor’s plan will reduce house prices, a little. By reducing investor tax breaks, it will reduce investor demand for existing houses.

Assuming the value of the $6.6 trillion property market falls by the entire value of the future stream of tax benefits, there would be price falls in the range of 1 per cent to 2 per cent. Any reduction in competition from investors is a win for first home buyers.

Existing home-owners may be less pleased, especially in light of recent price falls in Sydney and Melbourne. But if they bought their house more than a couple of years ago, chances are they are still comfortably ahead.

And renters need not fear Labor’s policy. Fewer investors does mean fewer rental properties, but those properties don’t disappear – home buyers move in, and so there are also fewer renters.

Negative gearing would affect rents only if it reduced new housing supply. Any effects will be small: around 90 per cent of investment lending is for existing housing, and Labor’s policy leaves in place negative gearing tax write-offs for new homes.

All Australians will benefit from greater stability in the housing market from the proposed change. The existing tax breaks magnify volatility. Negative gearing is most attractive as a tax minimisation strategy when asset prices are rising strongly. So in boom times it feeds investor demand for housing. The opposite is true when prices are stable or falling.

The Reserve Bank, the Productivity Commission and the Murray financial system inquiry have all raised concerns about the effects of the current tax arrangements on financial stability.

Negative gearing would affect rents only if it reduced new housing supply.

 

And for those worried about equity? Negative gearing and capital gains are both skewed towards the better off. Almost 70 per cent of capital gains accrue to those with taxable incomes of more than $130,000, putting them in the top 10 per cent of income earners.

For negative gearing, 38 per cent of the tax benefits flow to this group. But people who negatively gear have lower taxable incomes because they are negatively gearing. If we look at people’s taxable incomes before rental deductions, the top 10 per cent of income earners receive almost 50 per cent of the tax benefit from negative gearing.

So you shouldn’t be surprised to learn that the share of anaesthetists negatively gearing is almost triple that for nurses, and the average tax benefits they receive are around 11 times higher.

Treasurer Josh Frydenberg says aspirational voters should fear Labor’s proposed changes to negative gearing and the capital gains tax.

But for those of us who aspire to a better budget bottom line, a more stable housing market and better opportunities for first home buyers, the policies have plenty to find favour.

 

Source: brisbaneinvestor.com.au

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Opinion

Revealed: The top 10 suburbs to buy a bargain home and reap long-term capital growth returns – but experts warn there’s a catch

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Revealed The top 10 suburbs to buy a bargain home and reap long-term capital growth returns - but experts warn there's a catch

The top 10 suburbs for buying a bargain home have been revealed.

The top two on the list were Norlane and Lovely Banks, two northern suburbs in Geelong, Victoria, while the remaining eight all come from Queensland.

Hollywell in the Gold Coast was named as the best Queensland suburb for an affordable home with long-term capital gain, according to property researcher RiskWise.

The Gold Coast suburb, located 70km south of Brisbane’s CBD, is close to shopping centres, good schools and the beach.

Experts have warned buyers not to confuse a ‘bargain’ property with a ‘cheap’ one.

top 10 suburbs to buy a bargain home and reap long-term capital growth returns

 

The coastal suburb also has many older properties which will have plenty of potential after renovation, according to realestate.com.au.

It has a median house price of $786,614, according to property data researcher CoreLogic.

Mount Ommaney, Sinnamon Park and Gordon Park in Brisbane also make the list, followed by Gaven on the Gold Coast and Doonan in the Sunshine Coast.

Mount Ommaney, an outer suburb located 14 kilometres south-west of Brisbane’s CBD, has a median house price of $852,729.

Sinnamon Park, also located south-west of the Brisbane CBD, has a slightly lower median house price of $747,272.

RiskWise’s list ends with Gordon Park, Stafford Heights and Twin Waters in Queensland.

All the suburbs listed had a median house price of $300,000 to $870,000, with Norlane having the lowest price at $370,931 and Doonan with the highest at $871,189.

RiskWise chief executive Doron Peleg warns the public that a ‘bargain’ house does not necessarily mean buying a ‘cheap’ one.

RiskWise listed down suburbs where capital growth was expected to increase steadily over the years.

The top 10 suburbs to buy a bargain home and reap long-term capital growth returns - but experts warn there's a catch

 

‘It’s more about knowing where to buy for long-term capital gain,’ Mr Peleg said.

‘Sure, there are a lot of well-priced houses out there, but if they are not expected to grow in value down the track, then they really aren’t the best buy.

‘These (Queensland) suburbs, which all enjoyed capital growth of 13 per cent of the past 12 months, are expected to continue to do well as they have a number of things going for them.

‘For starters, they are relatively affordable and all within 100km of Brisbane which means, provided there is a good public transport and road infrastructure, commuting to work is not too much of an issue’.

The top 10 suburbs to buy a bargain home and reap long-term capital growth returns

 

Source: brisbaneinvestor.com.au

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Opinion

Ask the experts: Where to buy a home in southeast Qld in 2019

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North Lakes shopping centre

THE verdict is in.

These are the top spots across the state’s southeast to buy a home in 2019, according to those who know the market best.

Some of the industry’s top heavyweights have shared their picks for first home buyers, families and luxury buyers exclusively with The Courier-Mail.

Those key players are Ray White Queensland’s Tony Warland, Harcourts Queensland’s Jason Jaeger, Belle Property Queensland’s Jon Iceton, Property Pursuit Buyers’ Agency director Meighan Hetherington and Place Estate Agents’ Sarah Hackett.

***

FIRST HOME BUYERS — under $500,000

NORTH

North Lakes: It’s perfect for first home buyers if you are looking for a newer home in an area with high infrastructure and good schools and shopping. It is one of the fast growing areas by population in southeast Queensland. TW

This golf front home at 8441 Magnolia Drive East_ Hope Island_ has four bedrooms and four bathrooms

 

Banyo: It’s close to Nudgee Beach, the airport, the M1, the CBD and the newly developed Banyo Village. JJ

Carseldine: Only 15km from the CBD, with great schooling, parks and recreation areas.

Also access to rail and motorways. JI

Geebung: Along the Kippa Ring train line, this suburb was developed mostly in the post-war period. In the mid to high $500,000 range you can find solid, three-bedroom highset post-war houses to renovate. Local employment is available in the industrial areas surrounding the suburbs and the commute to the CBD is approximately 11km. Nearby Chermside Westfield shopping centre is easily accessed. Houses in this area are being upgraded and we expect to see more renovations and new builds in the coming year, improving the attractiveness of the area. MH

Albion: Still comparatively cheaper than neighboring suburbs, Albion is located between two new entertainment and residential hubs in Newstead and Hamilton. There are now plans to spread the gentrification to Albion, which will transform the suburb. SH

Sarah Hackett of Place Estate Agents.

 

SOUTH

Marsden: I like Marsden for the speed of its market. It has a lot of good affordable stock with opportunities for renovation. There’s a lot of new buyers applying their tastes on older homes. TW

Springwood: While still close to the CBD, it’s an easy access suburb with all that the Gold Coast has to offer. JJ

Jason Jaeger, Harcourts Qld General Manager. Picture supplied by Harcourts

 

Sunnybank Hills: Only 15km from CBD. For the lucky buyer, as it’s harder to find in this price range, an excellent opportunity exists here to buy a good house on smaller block in this very strong growth corridor, where the median age group is 34.JI

Upper Mount Gravatt: This suburb was developed largely in the post-war period and has been home to a high percentage of State Housing properties. Over time, the older homes have been sold off to private owners who are progressively upgrading or demolishing to build new homes. MH

West End: This suburb has been heavily transformed, with many new apartments during past years. However, that is quickly coming to an end with this segment of the property market having stabilised. The suburb offers everything from restaurants, a beach, a river walk, a library, bars, parks, and is within walking distance of the CBD.SH

EAST

Capalaba: It’s a terrific, established centre with plenty of good services and shopping, where our members have a lot of good stock in four-bedroom brick and tile homes. It’s also a comfortable commute for inner city workers. TW

Murrarie: A nice mixture of old, charming houses and new, move right in options.JJ

Wynnum: Only 14kms from the CBD, situated next to the bay and only minutes from bustling Manly. Great value can still be found in this modern, progressive suburb. JI

This three bedroom house at 9 Pine St_ Wynnum_ is up for auction.

 

Carina Heights: About 8km from the CBD, this suburb was mostly developed in the post-war period. Westfield Carindale services the area and properties are slowly being upgraded. The $22m Eastern Transitway will vastly improve public transport in the area when government funding is secured. MH

Morningside: This suburb has definitely strated to see some gentrification occur, with renovations and new builds beginning to lift the suburb’s standing. There are, however, some great buys in the market for the first home buyer. SH

WEST

Ipswich: The Ipswich region is my pick of the regions for first home buyers in all of southeast Queensland as it’s a big city where you can buy big classic Queenslanders and new homes under $500,000. It has great schools and a good lifestyle, plus it’s an easy commute to the Brisbane CBD too. TW

First home buyers could pick up this renovator on a quarter acre block at 36 Moffatt St, Ipswich

 

Oxley: Good transport with the train station there, a wonderful family feel and terrific coffee cafes. JJ

Richlands: Located 16kms from the CBD, with rail and motorway access and a median age group of 29. There is a great blend of new and existing houses available.JI

Keperra: Along the Ferny Grove train line, this suburb is approximately 10km from the CBD. The Great Western Shopping Centre provides amenities and employment opportunities. The old quarry between the shopping centre and the retirement village has been rezoned for residential development. We look for post-war houses in walking distance to the train station. MH

Red Hill: Its location next to Paddington and the CBD ensures demand is always high for these properties. As the market continues to improve, demand is expected to create strong competition for well presented real estate in the suburb. SH

GOLD COAST

Nerang: This long established Gold Coast sweetheart suburb is well loved by first home buyers for its handy highway access and affordability. TW

Upper Coomera: Has the location of living on the Gold Coast without the big price tag for properties. JJ

Pacific Pines: This northern suburb of the Gold Coast, between Helensvale and Nerang, has a mix of new and modern homes in new estates and ample schooling — all within striking distance of the Gold Coast beaches. JI

Jon Icaeton, Head of Qld for Belle Property Australasia.

Oxenford: Houses with larger, 700 sqm-plus blocks within 22 minutes of the Broadwater and beaches. MH

SUNSHINE COAST

Nambour: This suburb is a very affordable and well established community in as elevated part of the Sunshine Coast. TW

Aura: The new suburb has terrific value-for-money homes, a new school and a bike/walking path that connects the community. JJ

Caloundra: With multiple developments in and around this growth area, Caloundra and Caloundra West are certainly suburbs to watch. Good schools and great new infrastructure. JI

***

FAMILIES — $500,000 to $1 million

NORTH

Albany Creek: This suburb is perfect for family homes and its easy lifestyle. It’s a great place to throw a ball or create your own cricket pitch in the backyard. TW

Ray White Queensland CEO Tony Warland. Pic supplied by Ray White.

North Lakes: Central to everything, great value for money in one of the biggest growth corridors in southeast Queensland. JJ

Bridgeman Downs: 12km northwest of the CBD, this suburb is ideal for families, with the average median age around 40. With new subdivisions and rebuilds in high demand, this is a great destination for the growing family. JI

Kedron: This suburb has been on our radar for many years and still has a long way to go with price growth. Character houses abound and young families have been transforming them into lovely grand homes. Schools in the area are well regarded and the commute to the CBD is about 15-20 minutes. MH

Alderley: A perfect suburb for families with many house options in this price range. The suburb has a large shopping centre and main road access direct to the CBD. SH

SOUTH

Springwood: Offering great value for families, Springwood is a well established community within very close proximity to the CBD via the freeway. TW

Three bedder at 102 Dennis Rd_ Springwood

Macgregor: An established area with still some capital growth to be had. JJ

Tarragindi: Just 6kms from the CBD, this city fringe suburb has generous sized blocks, perfect for families, and modern contemporary builds. With a cafe lifestyle and local shops and only a short commute to city. The median age group is 37. JI

Greenslopes: This suburb has character cottages in flood free positions. MH

Highgate Hill: With recent development in surrounding South Brisbane and West End adding amenity within walking distance of Highgate Hill, a house for families here and the land they are on is becoming even more valuable and scarce. SH

EAST

Wellington Point: This is a genuine choice when it comes to value for families and their needs in a home. TW

Carina/Carindale: Everyone loves the area, it has one of the country’s best Westfield shopping centres and it’s central to everything. JJ

Morningside: 5kms east of the CBD, Morningside is an in-demand suburb that benefits from the surrounding suburbs of Balmoral and Hawthorne. Shopping, quality schools and amenities are at your fingertips such as great recreation areas make this an ideal family suburb. JI

Camp Hill: This family-friendly suburb will also eventually benefit from the Eastern Transitway development. With a mix of character Queenslanders and post-war houses on large lots, the area has been undergoing renovation and transformation over the past few years. Some properties also enjoy city views. MH

Coorparoo: Still possesses great value compared to surrounding suburbs and has experienced strong demand for properties. Its location so close to the CBD and affordable prices will see this suburb continue to experience strong demand. SH

WEST

Ashgrove — You cannot go past Ashgrove for its classic Queenslanders.

It’s such a well established, blue-chip suburb in Brisbane and there’s still good buying in this price bracket. TW

The Gap: Great schools and near the Army base, Mt Coot-tha and the nature reserve. JJ

Big family home at 15 Hillside Plc, The Gap, is on a huge 1431 sqm of land with amazing views

 

The Gap: 8kms west of the CBD, this is a modern suburb nestled in between Mt Coot-tha and Enoggera Hill. Creeks, bushland and wildlife areas add to the attraction of this family orientated suburb. JI

Ashgrove: This is one of the leafiest suburbs in Brisbane and largely character residential. With one of the most sought-after state primary schools in Queensland, plus four private schools, this suburb is ideal for families. Only 5km from the CBD, it is a well established blue chip area. In 2019, we expect demand will continue to outstrip supply, pushing prices up. MH

Indooroopilly: An employment and entertainment hub of Brisbane’s west region. This suburb is central to everything and will always be in strong demand. SH

GOLD COAST

Robina: Ticks every box. It’s got great schools, transport, shopping and the lifestyle close to the beach. TW

Coolangatta: Awesome beaches, cafes, laid-back lifestyle and good value property.JJ

Mermaid Waters: The resurgence of this iconic Gold Coast suburb continues, with the renovation and architectural redesign of some of the original canal front homes. Still providing exceptional value and embracing everything the coast lifestyle has to offer. JI

Burleigh Waters: Close to the Burleigh Heads action, but without the price tag. MH

SUNSHINE COAST

Caloundra: It has long been the favourite for people who work in Brisbane and for families who love the Sunshine Coast lifestyle. TW

Caloundra: A country town with epic surf beaches and homes that won’t stretch the bank account. Big city amenities. JJ

This four bedroom home at 8 Bowman Rd_ Caloundra

 

Coolum: Still a favourite location for the adventurers, this beachside suburb is still worth a look. With a racecourse, cafe strip and pristine coastline that parallels the relaxed clean-living atmosphere that is on offer, along with great surfing, hiking and golfing at your door, many experts agree this suburb has yet to yield its full potential.JI

***

LUXURY — $1 million-plus

NORTH

Wilston: B uyers looking for renovated classics and modern luxe over $1 million cannot go past Wilston for its village vibe and tight-knit community. TW

Ascot/Clayfield: Stunning architecture and a strong community with trendy developments set among Queenslander homes — a great scene. JJ

Stunner at 37 Mayfield St_ Ascot_ is on the market via expressions of interest

 

Ascot: In demand for its highly sought-after tree lined streets, and the offerings of racecourse rd. Cafe lifestyle, this picturesque suburb has a perfect blend of community, heritage aesthetics and entertainment culture, home to some of Brisbane’s top-tier villas and large estates. JI

Wilston: Plenty of elevated family homes. MH

New Farm: A consistently strong performer due to its enviable location along the Brisbane River and next to the CBD and established amenity, this suburb has plenty of luxury properties that will be a first option for those that can afford it. SH

SOUTH

West End: Hands down, West End offers a wonderful opportunity for buyers, with a myriad of high quality property.

It’s close to the CBD and always sought-after for its lifestyle. TW

Taragindi: A hot area at the moment due to its location to the city and stunning city views. JJ

Hawthorne: A premium riverside location with an enviable selection of refurbished homes and colonial Queenslanders capturing river and city views. Within easy reach of the CBD and Oxford Street cafe district, Hawthorne’s style and quality can’t be disputed. JI

South Brisbane: Houses in the new Brisbane State High School catchment area will do well. MH

Property Pursuit Buyers’ Agency director Meighan Hetherington

 

Yeronga: Despite being a little further from the CBD, the suburbs in front of it generally have a high proportion of apartments. Yeronga’s hidden pocket of luxury properties remain scarce and in hot demand due to their waterfront location. SH

EAST

Carina: This suburb is one of the fastest moving for stock in all of Brisbane. It’s highly sought-after for post-war style property on very big blocks and it’s got some great schools. TW

Bulimba: Who doesn’t like Bulimba? The one place north siders will go to on the south side, with the draw of Oxford Street shopping. JJ

This ultra modern_ riverside home at 34 Addison Ave_ Bulimba

 

Gumdale: Only 14km from the CBD, making it one of the closest acreage homesites to the city, the demand for these quality larger acreage residences never diminishes. The freedom of space and a semirural existence surrounded by other quality homes, and only minutes from all amenities, just sets this suburb apart. JI

Bulimba/Hawthorne: Demand continues to outstrip supply for flood-free and elevated properties in this area. With its peninsular-like feel and strong community orientation, families love these suburbs. MH

Hawthorne: This suburb has some of the most appealing properties in Brisbane along its waterfront. Aussies love to live as close to the water as possible, which will see these scarce properties continue to be in high demand. SH

WEST

Indooroopilly: Everyone loves Indooroopilly in the leafy western suburbs of Brisbane. It’s always been popular with prestige buyers from the river out to Kenmore. It’s only a short distance for professionals working in the city and has some of the best schools in Brisbane. TW

Brookfield: Nice big properties with big blocks up to small acreage.

A country feel close to the city. JJ

Chelmer: This leafy, river-lined neighbourhood is never going out of style. With its relaxing, yet, changing demographic towards younger families, its cafes and eateries are at your disposal. Architectural new-builds in keeping with the suburb’s tradition and charm, plus ongoing renovations of traditional Queenslanders are now the focus.JI

Paddington: Interstate buyers continue their love of this inner-city suburb. With an eclectic mix of cafes, restaurants and character houses, demand for prestige property in the $2 million to $3 million range is strong. MH

St Lucia: This iconic, blue chip suburb offers some of Brisbane’s most exclusive waterfront properties — some boasting amazing easterly views of the CBD. Close to the CBD, it will remain in high demand. SH

GOLD COAST

Sanctuary Cove: Has established its reputation firmly as a priority suburb for luxury property buyers with plenty of activity in recent sales. TW

Hope Island: Canal living, with easy access to the water for boating and fishing.

Not as hectic as the rest of the Gold Coast. JJ

This golf front home at 8441 Magnolia Drive East_ Hope Island_ has four bedrooms and four bathrooms (2)

 

Palm Beach: This is one of the last remaining beachside promenades on the Gold Coast to be fully developed. It still embraces the laid-back living of the Coast with superbly renovated beach houses and new, contemporary residences on million-dollar lots and conservative residential homes lining its numbered avenues. A fabulous blend of community on the beach. Only minutes from the airport and the heart of Surfers Paradise. JI

Mermaid Beach: Everyone loves being so close to the Nobby’s Beach village, cafes, bars and local beaches. MH

SUNSHINE COAST

Alexandra Headlands: This suburb has always been popular with luxe buyers. It’s firmly in the heart of the Sunshine Coast, which offers sea views. Plus, it’s very close to sought-after Mooloolaba. TW

Noosa: Luxury living, celebrity chefs, and the holiday vibe to match. JJ

Sunshine Beach: The sea and tree change is certainly on, as the old makes way for the new. A relaxing beachside location, with pristine beaches and national parks for the semi-retired and for those wanting larger blocks of land. There is a renewed focus on prestige new-builds and renovations in this highly desirable location. JI

Originally published as Where to buy a home in 2019

Source: brisbaneinvestor.com.au

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