New research indicates Brisbane property investors are "buying in their own backyard".
As investment activity returns to the city, PRDnationwide has found the vast majority of property investors are Brisbane locals. The company's research director, Aaron Maskrey, said 86% of Brisbane investors came from within Queensland.
"Sellers looking to attract investors should consider that the majority of investors prefer to purchase smartly within their own backyard," he said.
PRDnationwide research shows most property investors in the city came from inner city suburbs, and chose to invest in these same suburbs.
New South Wales accounted for the second highest level of investors in the Brisbane market, at 7%. Only 1% of investor sales were to foreign property investors.
What are your thoughts on the Brisbane market? Have your say on our property investment forum.
Brisbane cleans up its act
Revealed: the suburbs property professionals tip to boom
House prices stabilising: RBA
Whether you are looking to buy your first home, move home, refinance, or invest in property, a mortgage broker can help. Access loans from all the major lenders, get help with paperwork – plus there is no charge for this service. Get help from a local mortgage broker
Top Suburbs :
Get help financing your investment
Do you need help finding the right loan for your investment?
When investing in property, it is important to make sure that you not only have the lowest available rate that you can get, but also have the correct loan features for your needs.
Just fill in a few details below and we'll then arrange for a local expert Aussie Mortgage Broker to contact you and work out what features or types of loans are right for your needs. We'll even help with the paperwork. Plus, our mortgage broking service is at no cost to you.
We value your privacy and treat all your information seriously - you can check out