As Sydney and Melbourne properties are becoming out of reach for most buyers - more and more first time buyers and investors are looking at Brisbane and south-east Queensland for affordable properties to kick start their property portfolio.
You will be surprised that you can still purchase investment properties for under $250k with high rental returns - if you know where to look.
Here are some examples of recent purchases by investors.
Affordable Investment Property 1:
Type: House
Bedrooms: 3
Bathroom: 1
Car accommodation: 2
Land: 600m2
Location: 30min from Brisbane CBD
Purchase Price: $229,000
Rental Return: $275/week
Affordable Investment Property 2:
Type: House
Bedrooms: 3
Bathroom: 1
Car accommodation: 2
Land: 608m2
Location: 30min from Brisbane CBD
Purchase Price: $265,000
Rental Return: $300/week
Affordable Investment Property 3:
Type: Townhouse
Bedrooms: 3
Bathrooms: 2
Car accommodation: 3
Land: 200m2
Location: 20min from Brisbane CBD
Purchase Price: $240,000
Rental Return: $360/week
Contact Investors Real Estate to find the best investment hotspot for your needs and budget in Brisbane and surrounding areas.
