When choosing where to buy an investment property, there are a few things you should look for. First, you want to find a place where quality properties are affordable and widely available. You also want the local market to be strong and there to be good capital growth potential.
Next, you should seek out places that are popular with renters. Ultimately, you want a location that is already home to many renters and is attracting more to the area. You also want the local vacancy rate to be consistently low.
Finally, it is best to focus on places that have good infrastructure and offer a great quality of life. This should mean your tenants will enjoy living in the area and may help keep them in place longer. It should also protect – or even grow – the value of the property, particularly if major infrastructure investment is planned.
While Kingston ticks all of these boxes, it does not get the investor recognition it arguably deserves.
Sitting 25 kilometres South-East of the Brisbane CBD and less than 60 kilometres from the heart of Gold Coast, it is ideally located. It is also well serviced by public transport, with the M1 and Brisbane-Gold Coast train line passing through the area. This makes Kingston a popular option for young families and students, who appreciate the easy commute to the city or coast.
Despite this, Kingston is simply not on many investor’s radars. This means there are plenty of opportunities for those that are willing to do their research and look a little deeper.
Luke and Julian each have over 20 years of property investment experience.
For experienced buyers agents, locations like Kingston are interesting. While they offer so much obvious potential, they often fail to inspire many investors. Sometimes this is because of the area’s reputation or demographics, and sometimes there is no good reason for investors’ reluctance. To us, Kingston firmly falls into the latter category.
Much like most other parts of the City of Logan, Kingston is undergoing significant and sustained population growth. This is a trend that is predicted to continue for the foreseeable future, with ongoing investment in new housing developments. There is also a sustained program of infrastructure upgrades, which are helping to consistently improve the liveability of the area.
Despite this, property in Kingston remains affordable, especially when compared to the more high-profile parts of the City of Logan. The area is particularly popular with first-home buyers, who are generally looking for quality large standalone family homes. As such, these properties generally attract significant interest and come at a relative premium.
Importantly, Kingston also has a strong rental market, with over 40% of residents renting their home. This, combined with the consistently low vacancy rate, means that there is solid demand for rental properties in the area. As a result, median rents tend to be fairly strong and most investment properties deliver quite a healthy rental yield.
If you are new to property investment, a location like Kingston can be a great place to start. The cost to enter the market is relatively low, the returns should be high, and there is plenty of growth potential. However, it is still important that you do your research and make sure the numbers stack up.
This is where an experienced buyers advocate, like Search Party Property, can help. We pull data from a wide range of sources to give you a clear picture of the current market. We also look at infrastructure investment plans and demographic changes to forecast potential future movements.
Based on this, we analyse the available properties in the area and identify the best opportunities. We then share all this insight with you and help you pick the best option for you and your situation. As part of this, we will also arrange all the necessary checks and reports to help you make a fully informed decision.
Once you have worked outwhich place you want, we get to work securing it for you. This includes negotiating the purchase on your behalf and walking you through all of the paperwork. We will even work with you to come up with a plan for any updates or renovations required. When all that is done, we will start working on the next property… and then the next one. At Search Party Property, we believe in partnering with investors throughout their journey and helping them achieve their financial goals. For more information on our service and how we can help you, give our team of property experts a call.