Brisbane Buy: Up to $600,000
Client
Young couple already owned two properties in Sydney and wanted to diversify into a second market.
Buying Brief
We targeted a few suburbs in Brisbane’s northern corridor that would boast good short-term and long-term capital growth, meanwhile generating a reasonable rental return.
The Numbers
Chermside West
Median House Price = $565,000
Historical Growth Rate = 6.79%
Vacancy Rate = 1.96%
Distance to CBD = 11 km