Brisbane: Next Capital City To Boom
Great Article that appeared on Smart Property Investment today check out the full link below written by Vivienne Kelly:
The interesting article discuss why the experts believe Brisbane will be the next Australian capital city to take off and be the best performer over the next two to four years. The article highlights the debate between the panel of experts. The article is interesting as some of the experts believe Sydney could still be a booming city with property expert Ms Lomas (from Destiny Financial Solutions) summarising that even if Sydney continued its solid performance, investors would be smart to look at Brisbane.
“If you’re considering today, you’ll get better growth in Brisbane,” she said. “A lot of this has already happened in six months in Sydney. They’ll probably both perform equally, but the base is lower in Brisbane.”
The article highlights how the experts believe that for many investors, it’s too late for Sydney.
“Sydney is too late and too hot – too expensive most of all. Even if it is going to boom, even if it doubles in value, it’s still a big risk [at such a high buy in price.”
The articles concludes that smart savvy investors are increasingly turning to Brisbane as a safe alternative.