10 Reasons To Invest In Brisbane | The #PumpedOnProperty Show
Why are we so focused on investing in Brisbane?
– House prices in Brisbane have increased by an average of 9.7% per annum for the last 46 years (total return divided by 46 years). Homely
– Brisbane has won the 2032 Olympic Games. Between 1997 and 2003 house prices in Sydney increased 97% off the back of the 2000 Olympic Games. Core Logic
– The Australia Financial Review recently published an article forecasting house prices to potentially double in Brisbane between 2022 and the 2032 Olympic Games.
– Westpac has forecast the 2032 Brisbane Olympic Games could produce at least $17 billion of economic and social benefits for Australia. Further, the event could create 130,000 direct jobs, between 2022 and 2032.
– According to Propertyology and Phil Anderson house prices could grow between 30% to 50% in a number of Australian locations in the next 5 years. Brisbane’s population is predicted to soar to over 5 million people within the next 25 years. ABS.
– Between 2021 and 2022 more Australians moved to South East QLD than into Sydney or Melbourne. ABS.
– 75% of Australia’s population and job growth is predicted to occur in South East QLD, Sydney, and Melbourne over the next 20 years. Michael Matusik.
– Brisbane is chronically undersupplied from a rental perspective. Vacancy rates are now at record lows in Brisbane. SQM
– According to Core Logic rental returns in Brisbane are expected to increase by more than $100 per week between 2022 and 2023.
– Australia’s employment rate in 2022 was at its lowest point in 50 years. ABS
– The Australian Government has committed to more than $218 billion of infrastructure projects between 2022 and the end of 2025. Propertyology
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