Brisbane outperforms Sydney for long-term growth
Eagle-eyed investors who have done their homework on capital city markets are likely to realise it is Brisbane that has offered the most potential since 1970.
Average house price growth has registered at 11 per cent a year, hotspotting.com.au's Terry Ryder revealed, meaning it has outperformed every other capital city in the country.
While it's Sydney that has captured many of the headlines over the years, Mr Ryder noted opportunities for longer term investments should be focused on the Queensland capital.
In fact, relative to other cities, Melbourne and Sydney emerged as being underperformers as their growth has registered at less than 10 per cent.
This could make an investment in property in Burpengary East even more appealing, especially if you're making a purchase with intentions of long-term gains.
Finding your next real estate investment
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Simply get in touch to discuss what you want to achieve and our team will set to work on making it happen, no matter what your criteria might be.