Thursday, February 23, 2012

Local Investors Buying in Brisbane

New research indicates Brisbane property investors are the strongest buyers in their own backyard.  As investment activity returns to the city, PRDnationwide has found some 86% of recent property investors are Queenslanders.  The company's research director, Aaron Maskrey, says most of the property investors in the city came from inner-city suburbs, and they often chose to invest in the same suburbs.

Although housing stock is higher priced than unit stock and typically provides a lower gross yield, when closely analysed it is determined that approximately 50% of investors have purchased units, and the other half bought houses.

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