It is a natural reaction for investors to consider properties close to Brisbane CBD as targets for their investments.
That may be the best choice, if they seek a short term outcome.
Property investment for security at retirement is a long term process, using capital growth to accrue wealth.
A short term outcome requires investment in locations where generally, prices are higher and demand is high, whilst a long term process requires consistent growth over the period where demand from owners and investors grows with the development and the initial investment is less than that required in high demand areas.
When seeking the best location to invest for a long term outcome, research into local, state and federal government infrastructure development, committed or occurring at the time, is essential to a successful outcome.
Today’s market is not the issue!
What will this location offer to occupants 20 years from now at the time you will probably sell the property? Will it be the product of extensive infrastructure development involving roads, schools, higher education, medical services, access to major shopping and an excellent transport system with access to employment locally?
If you have set your financial objectives to provide a ‘comfortable retirement’ in 20-25 years from now, you will invest in an area with an exciting future for the next 25 years and more.
When entering into research for a property to suit a client’s objectives, first we agree the time span for the outcome. If it is long term, we seek all of the infrastructure and future development which is committed plus a substantial and historically successful, long term developer.
That is what we do!
We will introduce you to exactly the type of location you need to achieve a successful outcome in terms of capital growth over the long term.
For example, this one:
$168,000,000 currently underway for shops, hotels, medical and dental services
$60,000,000 state high school opening in 2019
State Primary School under construction
Catholic Primary School under construction
Sports fields due for completion end of 2019 – $6.5m
New Display Village due for November 2019 opening
Overall, in excess of 3,350 net land sales to date since April 2012
Over the past 7 years capital growth and rentals have been higher than the median for other S. E. Queensland areas.
This development is reminiscent of Springfield in the early days. It has all of the metrics to equal the growth and appeal of Springfield.
If you want a successful outcome where your investment remains one of the top market performers for the type.
Don Duncan F.A.I.M.
Don is the Principal Consultant at Mediwealth Australia, with over forty years experience in developing successful residential property investment strategies, and extensive experience in the financial sector, Don is uniquely qualified to provide you with the best property investment advice available. He is supported by experienced property investment consultants in both Brisbane and Sydney.