Invest
Hidden Brisbane property gem revealed
An under-the-radar suburb in a heating up Brisbane market has been tipped to be the next hot spot for real estate investors, according to industry experts.

Hidden Brisbane property gem revealed
An under-the-radar suburb in a heating up Brisbane market has been tipped to be the next hot spot for real estate investors, according to industry experts.

Analysis by ASPIRE Property Advisor Network reveals that Bridgeman Downs, 13 kilometres north of the CBD, has evolved from a homebuyer hub of rural residential to a solid investor option.
Founder and managing director of ASPIRE Richard Crabb believes it follows all the fundamentals that should see prices rise.
“Increasing rents, falling vacancies, rising population and affordable property options are the gold standard when it comes to selecting promising investment locations and Bridgeman Downs ticks all those boxes,” Mr Crabb explained.
According to SQM Research, Bridgeman Downs' rental vacancy rate has progressively dropped from its peak figure of 4.5 per cent in November 2016 to 3.2 per cent in November 2019.
In addition, the research showed that asking rents are up by 4.0 per cent for units.
“A combination of rising rents and tightening vacancies is a key indicator of investment income growth potential,” Mr Crabb said.
He said the population of Bridgeman Downs had grown around 13.4 per cent over the past five years and is set to continue.
“The suburb’s family lifestyle combined with excellent access to services, facilities, schooling and transport routes are driving demand,” Mr Crabb said.
“In addition, much of the suburb’s developable land has been exhausted, so supply is tightening.”
He said price rises had already begun, with Domain data revealing Bridgeman Downs was among Brisbane’s top 10 suburbs for median house price growth reflecting 7.2 per cent to December 2019.
Mr Crabb said the numbers show Bridgeman Downs is on the up, however, the fundamental of investment success continued to be asset selection.
“The key to profiting is avoiding cookie-cutter projects with unremarkable accommodation that is geared specifically at short-term tenants,” he said.
“Boutique complexes with points of difference are better for both rental and value growth potential.
“Look for projects with plenty of room – both in terms of townhouse floor areas, and common space in the complex.”
Mr Crabb said investors should seek high-spec properties that would appeal equally to both homebuyers and tenants.
“The other tip is to buy below the suburb’s median price, which gives the property plenty of upside potential over the long term,” he concluded.
About the author

About the author


Property
Property prices boosted by housing policies: RBA
The central bank has outlined the “pervasive” impact that policy has on property. ...Read more

Property
Labor’s ‘Help to Buy’ scheme not without its risks
With Anthony Albanese sworn in as Australia’s 31st PM, home buyers are excited at the prospect of accessing the new ‘Help to Buy’ scheme, but a property expert has warned that the risks may be g...Read more

Property
Australia's housing market is entering a ‘broad-based correction phase’
Westpac believes the housing market downturn is now underway. ...Read more

Property
ANZ now expects house prices will end the year lower
With higher interest rates on the horizon, the bank is forecasting larger house price declines than previously expected. ...Read more

Property
Which capital cities are most attractive to property investors?
A new survey has suggested that investor attention is shifting away from Australia’s two largest capital cities. ...Read more

Property
Market uncertainty fails to discourage foreign property investors
While interest from foreign investors in Australian property has remained strong, HLB Mann Judd warned that tax increases could see demand shift to other markets. ...Read more

Property
Regional renters forced to spend more of their income than ever before
Renters in regional areas are spending nearly as much on rent as home owners are spending on mortgage repayments. ...Read more

Property
Aussie home buyers now need to save for over 11 years for a deposit
Since early 2020, the time needed to save for a deposit has increased by more than two years. ...Read more

Wrapping up an eventful 2021
Listen now

What Omicron means for property, and are units right for first-time buyers? What is equity crowdfunding? Are industry super funds tapping into member funds to save their skins?
Listen now

Will housing affordability improve in 2022? Will buy now, pay later become the norm? Why are Aussies staying in failing super products?
Listen now

Who really benefits from crypto ETFs? How will the RBA respond to rising inflation? Could a mandate help address unpaid super?
Listen now

Property
Property prices boosted by housing policies: RBA
The central bank has outlined the “pervasive” impact that policy has on property. ...Read more

Property
Labor’s ‘Help to Buy’ scheme not without its risks
With Anthony Albanese sworn in as Australia’s 31st PM, home buyers are excited at the prospect of accessing the new ‘Help to Buy’ scheme, but a property expert has warned that the risks may be g...Read more

Property
Australia's housing market is entering a ‘broad-based correction phase’
Westpac believes the housing market downturn is now underway. ...Read more

Property
ANZ now expects house prices will end the year lower
With higher interest rates on the horizon, the bank is forecasting larger house price declines than previously expected. ...Read more

Property
Which capital cities are most attractive to property investors?
A new survey has suggested that investor attention is shifting away from Australia’s two largest capital cities. ...Read more

Property
Market uncertainty fails to discourage foreign property investors
While interest from foreign investors in Australian property has remained strong, HLB Mann Judd warned that tax increases could see demand shift to other markets. ...Read more

Property
Regional renters forced to spend more of their income than ever before
Renters in regional areas are spending nearly as much on rent as home owners are spending on mortgage repayments. ...Read more

Property
Aussie home buyers now need to save for over 11 years for a deposit
Since early 2020, the time needed to save for a deposit has increased by more than two years. ...Read more