Thursday, October 3, 2013

Property Development In Brisbane: A Great Investment Opportunity

Brisbane being the third largest city in Australia many investors and property developers are preparing the city for greater development in all spheres over the next 20 years. There are about 41 major infrastructure projects worth $38.770 currently underway or already committed, which includes residential and commercial property, across Brisbane. Such developments would spur the demand for residential property by creating more business and jobs.

Investment in property Brisbane is booming with many suburbs south and north of the city creating investment options. The demand for property is growing high, according to a report. Factors contributing to this growth, according to the report are low interest rates, influx of foreign investors mostly from China etc.

Factors contributing to the rise in investments

Investments are flowing in through self managed super funds (SMSFs), contributing to a 10.4% growth in the past year. All these factors have resulted in development of property around Brisbane area such as the Legacy way Motor way Toowong, the re development of 43 storied tower Brisbane CBD, the light rail, Southport Hospital, Gold Coast 2018 commonwealth games are all contributing to the rapid development of property , thereby increasing the demand in these areas.

With so many development projects coming up and the property market stabilizing, many analysts predict this to be the right time to invest, and especially the Brisbane market is showing positive signs of bottoming out. Also the interest rates are estimated to continue at this rate adds to the positive sign of more enquiries from enthusiastic investors.

Tips for careful property investments

Plan according to your budget: look out for property that is well within the reach of your budget rather than looking for property that is out of our financial abilities and getting emotional about it.

Develop a long term strategy: plan your investment carefully after discussing with your partner, also keeping in mind the risk factors etc. Have a term enough to plan your expenses and help your investments over a long period of time, terms like 5 years, 10 years , or 15 years are recommended for property investments.

Research well: investing in property is a lifetime investment, as you would be putting your life long savings at risk, so careful planning and research right from the area you choose to the material used, etc.

Calculate the returns or growth: make sure that the investment would have long term growth than just short term goals like rents etc.

AR Developments a successful partnership between Andrew Baumber and Ross McMillan has been building reputation and trust since 1994. AR Developments are well known property developer in Brisbane. There are many projects they have developed around Brisbane and South East Queensland over the years stand as testimony to their Values, experience and expertise. They are easily approachable, work with a customer centric business model and have family values as the core of their business strength.

Bellara, Redcliffe, Lawnton, Everton Park, Sherwood are some of the fastest growing suburbs in Brisbane. Investments at the right time in right place would prove beneficial, as the city is on a rapid growth path.

3 comments:

  1. Such a informative post about Property Developers Brisbane.

    Thanks for sharing it.

    ReplyDelete
  2. It is important that we have our own strategy to keep up with our competitors in Property Investment Brisbane. We have to know the right way to achieve our goals and make sure that our business be stable. We have to act fast and be ready for the things that might come in order to succeed in the future of our investment.

    http://www.positivepropertyinvestments.com.au/properties/property-investment-brisbane/

    ReplyDelete