Sunday, December 28, 2008

Fortitude Valley

"On the unit front, Wooloowin, Annerley, Moorooka and Camp Hill all priced under $350,000, are tipped to give good returns next year. The surprise additions of inner-city Fortitude Valley and East Brisbane are also considered affordable areas for unit buyers.

"For people who are priced out of the city itself, these areas are a good option," Mr Kusher said.

"Fortitude Valley in particular has got a really good rental yield at the moment and stock there is quite varied. Overall, rental growth is starting to improve, so for those people who have perhaps lost money in shares, more investors will be attracted back to property."

See Brisbane Times

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