This column answers questions I’m frequently asked about investing in property. Should I buy in Canberra? Invest where the fundamentals are right, to gain strong capital growth. Canberra has steady growth in some areas, but it’s not ‘hot’. And with the right property manager you don’t have to live where your investment is. Why specialise in Brisbane? Experts agree that SE Queensland is outperforming the rest of Australia — strong population growth, excellent new job creation, affordable real estate, and a tight rental market. Now’s the time to invest, before prices skyrocket like in Darwin and Perth. How fast do properties sell? Fast — so fast many Brisbane agents complain they have nothing to sell. What if I have problems renting my property? Rents in SE Queensland are regularly setting new records. There are more renters than properties. How much do properties cost? Boutique developments of units, townhouses, and house and land packages are available at all price points, some under $300K.
