The search for capital growth

A recent survey by the Real Estate Institute of Queensland has, perhaps not unexpectedly, revealed that the search for capital growth remains the number one reason for people to invest in real estate in Queensland.

The results show that the percentage of property buyers who bought for investment purposes during 2010 was 13% and whilst this was a long way down on the 40% achieved in 2o03, the REIQ believes that there are tentative signs that this is starting to change after a relatively quiet 18 months on the investment front.

“With stable rents, increasing demand and less pressure on property prices, there are plenty of opportunities currently available for investors to enter the market.” said REIQ managing director Dan Molloy.

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