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Interstate investors set to flock to Brisbanes middle ring suburbs
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Interstate investors set to flock to Brisbane’s middle ring suburbs Interstate investors set to flock to Brisbane’s middle ring suburbs House price report - December quarter 2016 National median unit price hits record high, while median house prices decrease in Perth and Darwin. Properties under $1 Mortgage brokers review click here for more million will make up Brisbane’s fastest growing market this year, agents say. Place CEO Damian Hackett said he expected substantial growth in the $500,000 to $800,000 housing market, with middle city suburbs leading the way. “The dramatic increase in property prices in Sydney and Melbourne over the past few years has dried up affordable investment housing stock,” he said. The suburb of Aspley is set to do well with interstate investors according to real estate agent Damian Hackett. Photo: Supplied “We predict there will be rising competition in Brisbane as interstate investors look to the city for prospects.” Mr Hackett said his office was fielding a lot of inquiries from buyers’ agents down south. “It’s been well documented that the inner city suburbs are in demand and they will continue to do very well – but it’s that next ring out that’s now attractive and increasing in demand,” he said. “The mid to outer ring is where affordability lies. “If investors are looking Mortgage broker Oak Laurel Nundah for capital growth, anything in that $500,000 to $600,000 price bracket is going to do well. “If you can get something on a block of land as close as possible to the CBD and close to infrastructure (shops, transport), you’ll do well.” He named Aspley as one to watch on the northside and Wakerley and Wynnum in the Mortgage broker Oak Laurel Nundah, 0430 129 662 eastern suburbs.

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