With the economy all set to combat a new set of challenging market condition, is the real estate market has reasons to be optimistic. Despite the recession over the last few years, the property market in Australia has witnessed positive changes with the growth curve all poised for a further surge. A significant factor contributing to this could be due the first home buyers that are increasing in number. Statistics reveal that more and more people are breaking the rental leases and opting to move into their own homes with Brisbane, Queensland being the hotbed for new property investments. Brisbane is the third largest Australian city after Sydney and Melbourne and the property boom is expected to continue despite hints of rise in property prices. Underwood Green, a new townhouse project in Brisbane is one such project ideal for those hoping to own dream homes as well invest in property.
Rates for New investment property in Brisbane have been very attractive and soft as compared to other places and this has led to an increase in the number of people investing in property significantly. Though real estate experts are expecting a growth in value of houses this year, investment in Brisbane is expected to remain unaffected owing to a few factors like low interest rates, population growth, longstanding supply issues and foreign buying activity. Underwood Green is one of the latest offerings from AR Developments who are leading property developers in Brisbane. This new townhouse project is turning out to be a great property investment in Brisbane for property investors as well as new and first home buyers. This property is extremely competitively priced and is value for money in terms of quality and other benefits.
Underwood Green enjoys a prime metropolitan location and offers great rental returns and capital growth for those who wish to simply invest in property. This new townhouse property in Brisbane has been built with the highest standards of building material. Each property has three bedrooms that are priced at $375000, which is less than the average price of property ($378k, Source: PDS Live) in the same area. The project has been developed keeping every aspect of a good living and worth while investment. It scores over its competitors in terms of location as it is close to transport, workplaces, schools, hospitals and other necessary services. Another highlight of this property in Brisbane is the low maintenance cost which is ideal for first home buyers.
All the benefits of Underwood Green is also applicable to residential property investors. In addition to all existing benefits, property investors in Brisbane will have to shell out low corporate fees, reap the benefits of long lasting build quality and judicious onsite property management making it an attractive investment for property investors. The new townhouse project comprises of forty spacious three bedroom townhouses fitted with all the modern appliances, built in robes, and en suite to the master bedroom. The entire project supports an open plan living making it a great deal for investors as well as first home buyers.
