Investing in Queensland to show positive results

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Investing in Queensland to show positive results

Long term investors with capital growth in mind could find just what they are looking for in Queensland and gauging on the seven to ten year real estate cycle now is a good time to buy in Queensland.

Buyers remain cautious as they are not yet sure if prices in Brisbane and the Gold Coast have bottomed out but there is definitely renewed interest from interstate buyers looking for bargains, sea-changers who put off a move two or more years ago but are looking again as value has improved and international buyers who are flooding the FIRB market particularly from China.

While yields in Queensland are attractive, the wait for capital gains is putting many investors off, and yields at a healthy level with people recording yields of 5.5 per cent to 6 per cent in the Queensland market.

RP Data research director Tim Lawless says Brisbane is likely to do better this year than last as values have stabilised and transactions are starting to increase, Brisbane yields provide a firm incentive for investors, he says.  "In Brisbane, rental yields are now averaging 4.7 per cent gross for houses and 5.4 per cent for units, both well above average," Lawless says.

So once again we are trying to gauge where the bottom of the property market is and surely we must almost be there?  And by the activity starting to move Queensland properties I think there are quite a few investors who believe now is the time to move on the bargains available…

So don't miss the boat, or as my Mother says "When your ship comes in don't be sitting at the Airport"