Why don't Brisbanites like Sandgate/Brighton?
Hi,
I'm new to the forum however have been reading intently over the past couple of weeks. I am a relative newbie to Property Investment.
Anyways all indications are that Sydney is at the peak of the market and therefore not a viable option. Like many of this forum I have started looking towards Brisbane as it has not yet seen the gains.
I know relatively little about Brisbane however some research into nicer areas indicates that North/East Brisbane are generally more desirable.
Being from Sydney i realize the importance of being near large bodies of water and compare the Brisbane suburbs of Sandgate/Brighton/Shorncliffe to the Sydney Botany Bay suburbs of Brighton-le-sands/Ramsgate/Sans Souci. Typically anywhere near the ocean/beach/bay in Sydney have done extremely well in terms of CG Growth .
My due diligence has indicated that these Brisbane suburbs have not matched this trend in Sydneyl in terms of Capital Gains and I am really interested in Brisbanites opinion on why this may not be the case.
My question is why don't Brisbanites like these suburbs and is there a possibility that they may be comparatively undervalued - so therefore an good investment?
Interested in some thoughts and opinions on this.
Regards,
Q
Hi,
I'm new to the forum however have been reading intently over the past couple of weeks. I am a relative newbie to Property Investment.
Anyways all indications are that Sydney is at the peak of the market and therefore not a viable option. Like many of this forum I have started looking towards Brisbane as it has not yet seen the gains.
I know relatively little about Brisbane however some research into nicer areas indicates that North/East Brisbane are generally more desirable.
Being from Sydney i realize the importance of being near large bodies of water and compare the Brisbane suburbs of Sandgate/Brighton/Shorncliffe to the Sydney Botany Bay suburbs of Brighton-le-sands/Ramsgate/Sans Souci. Typically anywhere near the ocean/beach/bay in Sydney have done extremely well in terms of CG Growth .
My due diligence has indicated that these Brisbane suburbs have not matched this trend in Sydneyl in terms of Capital Gains and I am really interested in Brisbanites opinion on why this may not be the case.
My question is why don't Brisbanites like these suburbs and is there a possibility that they may be comparatively undervalued - so therefore an good investment?
Interested in some thoughts and opinions on this.
Regards,
Q
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