Top 10 Property Hotspots for 2010 in Brisbane- Australia

Where to invest in property in Brisbane in the year 2010?

Properties near transport links and where there is a substantial improvement in infrastructure will see the best growth in 2010 according to a new report. With Property prices forecast to increase around 10% and still low interest rates, property investors will lead the surge back into property investment. Rental returns are healthy and finding good quality properties will provide a solid long term investment.

Brisbane house prices in 2010
Property group PRDnationwide released its annual prediction for Brisbane hotspots for 2010 which listed Chermside as its top pick for next year’s best performers.

“Suburbs have been chosen based on current pricing levels, infrastructure, property trends, access to amenity and other factors,” said Aaron Maskrey, research director with PRDnationwide. “Property’s proximity to reliable transport nodes that provides easy access to employment is key. Congestion looks to strangle many major Brisbane roads, so alternative routes or modes of transport are crucial,” he said.

Maskrey said despite the upheaval in the property market, he is confident his 2010 picks will be a good growth story. “Investors should look for bargains in good suburbs and sort out their finances to make the most of the low interest rates,” he said.

Top 10 hotspots to invest in property for 2010
1. Chermside
2. South Brisbane
3. Annerley
4. Fortitude Valley
5. Hemmant
6. Indooroopilly
7. Cannon Hill
8. Bracken Ridge
9. Woolloongabba
10. Red Hill

Source: www.prdresearch.com.au

Related Posts

We will keep You Updated...
Sign up to receive breaking news
as well as receive other site updates!
Sponsors
Recent Posts

Why should I buy property in Sydney Inner West ?

The greater Sydney area as a whole whilst generally having higher prices than other capital cities,...

Factors to Consider When Buying a Unit

Not all units have been created equal and you should therefore make sure to take care and do your...

Is Now a Good Time to Buy an Investment Property?

They say timing is everything, and in real estate this certainly can hold true, but it all depends...

Introduction and Advantages of buying a Unit

The desire to own your own home is so deeply ingrained in the Australian psyche that it is often referred...

Top 5 Ways to Stop Paying Rent

Top 5 Ways to Stop Paying Rent

Recent Comments
... Buy new property off the plan Share and Enjoy: ...
... Investors Buying Overseas Sydney Property Rentals Rising 5 Steps to Investing in Property Quality Apartments for Sale in Sydney
... Click to Find the Best North Shore Apartments for Sale ...
... Find Best North Shore Apartments for Sale ...
... Sydney Property Rentals to Rise ...
Tag Cloud