or experienced buyers agents, the Moreton Bay region provides plenty of interesting investment prospects. It is a diverse area that features everything from stunning coastline and peaceful countryside, to thriving urban hubs. It is also home to idyllic beachside villages, rural townships, and bustling residential and commercial precincts.
Sitting comfortably between metropolitan Brisbane and the Sunshine Coast, the region is perfectly positioned. Residents can make the most of easy access to Brisbane’s CBD and everything it has to offer. They also enjoy an enviable lifestyle that combines all the city conveniences with a generally quieter setting and slower pace of life.
Despite this, most of Moreton Bay remains relatively affordable, particularly when compared to the better-known locations just beyond the region’s borders. Sure, some of the more exclusive areas, like Newport and Banksia Bay, clock in comfortably above Queensland’s median property price. But the majority of suburbs still provide great value.
With all of this in mind, it is easy to see why Moreton Bay has become so popular with investors. In fact, many market watchers consistently name it as one of the country’s best regions for property investment. And this status will only be reinforced by the significant infrastructure developments planned for delivery over the next few years.
All that being said, finding a great Moreton Bay investment opportunity still takes skill and careful research. This is where the expertise of a good buyers advocate, like Search Party Property, can really help.
Luke and Julian each have over 20 years of property investment experience.
Moreton Bay is Australia’s third largest Local Government Area by population, trailing only the City of Brisbane and the City of Gold Coast. As such, it is home to a diverse population and an equally varied property market. And this is set to increase, with the local population forecast to grow by 40% over the next 20 years.
This means Moreton Bay is also one of the country’s fastest growing Local Government Areas, thanks mostly to major development plans. The population of South East Queensland is expected to surge significantly over the next decade and Moreton Bay has been identified as a key growth area. As part of this, a large-scale land release is planned for Caboolture South and further development opportunities are being investigated.
Interestingly, unlike other parts of the state, the majority of Moreton Bay’s growth traditionally comes from domestic migration. In particular, young families are being lured out of larger urban centres by the promise of space and a more relaxed lifestyle. This has increased the demand for rental properties in the area, as new arrivals look to “try before they buy”.
All of this means there are plenty of opportunities for savvy investors, both for capital growth and healthy rental yields. While large, standalone family homes are the general preference, units usually still see strong demand, particularly in desirable beachside areas. For long-term growth, we recommend looking for properties that will benefit most from the area’s many planned infrastructure and amenity upgrades.
If you are sold on investing in the Moreton Bay property market, Search Party Property can help you find the perfect opportunity. Our friendly team are experienced in every element of investing, and we can guide you through the whole process. We are also truly passionate about property and will look after all of the research and forecasting for you.
Put simply, we take all the hard work out of building a high-performing property portfolio. We will tailor an investment plan to suit your situation and goals and support you every step of the way. And, using our Property Portfolio Accelerator model, we can help you achieve financial freedom much sooner than you imagined.
Best of all, we take the time to teach you everything you need to know about property investing. From the things you should be looking for in a good opportunity to strategies to grow your portfolio, we cover it all. This is on top of our regular marketupdates and daily cracker deals.
Whether you are ready to invest or just want more information on the Moreton Bay property market, Search Party Property can help. Contact us today to discuss your situation and set up your free 30-minute Property Investor Assessment consultation.