The signs look good for the Brisbane property market in 2016. And according to Ryder, “a lot of the momentum is on the southern side”.
The Logan LGA includes Logan Central, Loganlea and Yarrabilba. Ryder argues the area ticks all relevant infrastructure and transport boxes needed for likely capital growth and is a convenient mid-point between Brisbane and the Gold Coast – both of which are seeing some of the country’s biggest population booms.
Another of Ryder’s Brisbane recommendations is the Redcliffe Peninsula, which includes the suburbs of Redcliffe, Clontarf and Woody Point.
Earlier last year, major earthworks finally began on the long-delayed Moreton Bay Rail Link, a 12.5km long dual-track heavy gauge rail link that will connect Petrie to Kippa-Ring with stations at Kallangur and Mango Hill among others. It’s due for completion later next year.
“The Redcliffe Peninsula has always been appealing for lifestyle reasons, and now it’s also appealing to investors,” says Ryder.
Population growth in the Moreton Bay region is also encouraging. According to the Queensland government more than 375,000 people call it home, and that figure is set to exceed 500,000 over the next 15 years.
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