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Introducing the MyCity Brisbane Property Report 2023

Finding the invaluable data and trends you need to know before investing in Brisbane property has never been easier with the 2023 MyCity Property Reports!

The MyCity Property Report was designed to help our Ironfish community fully understand the advantages of investing across the 5 biggest cities nationally in their pursuit to financial freedom. Each report is designed to help readers understand our major cities by providing the latest insights and data-driven commentary about each region.

 

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Brisbane has been an increasingly popular point of interstate migration over the past 2 years with record numbers of people flocking to Southeast Queensland. Now that international borders are open, the large number of people making the sea change to Brisbane looks set to continue creating further strain on the local property market with an already under supply of homes for rent or purchase created originally by underbuilding in this market.

From an investment point of view, Brisbane has the foundations for a truly hot property market – an astoundingly low vacancy rate, rising rents, low supply of new homes and surging population. As a result, experts forecast 2022-23 to be an ideal time for Brisbane investors – particularly in the more affordable (sub $1m) side of the market with rents continuing to rise over the next 12-18 months. Add to this the multi-billion-dollar government financial commitment benefitting the infrastructure in preparation of the 2032 Olympics, the long-term upside only continues to grow.

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