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Investors take note Brisbane marked as city to watch

While most of Australia’s capital cities are expected to record moderated growth in home values over the coming 12 months, Brisbane has been targeted as the city to watch.

According to RP Data’s national research director Tim Lawless, Brisbane currently offers the greatest potential to investors that are looking to make the most bang for their buck.

Over the past 12 months, Brisbane has recorded moderated growth.

If you look at the south east corner of Queensland it continues to record strong population growth and some of the nation’s largest infrastructure projects are being developed in this region. This drives demand and where there is demand there is growth.

The capital value of property in Sydney and Melbourne is normally a lot more than Brisbane. For investors, rental yields in Brisbane remain above average and the unit market in particular provides very good value for money. The median price for a Brisbane unit is just $381,000 – the third lowest of any capital city after Hobart and Adelaide.

If you are considering buying an investment property anywhere in south east Queensland now might be a good time?