Hi,
After reading a lot over the past few days I think that there are a lot of theories around on why a suburb achieves above normal capital gains. The theme that is consistent is that a suburb must become desirable in the short term ( < 5 years) to achieve above normal growth which only happens if there is a transformation i.e. shopping centre, improved infrastructure, cafe precinct, new school etc.
I am excluding renovation as a method to increase values;and
mining towns where there is an influx of people during the construction phase.
Based on this I think Brisbane should have extra ordinary gains and over the next 10 year as workers will have greater wealth.
Now to which suburbs?
inner south brisbane - new train line and it is close to the river. I am focussing on yeerongpilly, dutton park, yeronga.
Carindale - extension of busway
Does anyone want to contradict or substantiate on this theory?
regards,
After reading a lot over the past few days I think that there are a lot of theories around on why a suburb achieves above normal capital gains. The theme that is consistent is that a suburb must become desirable in the short term ( < 5 years) to achieve above normal growth which only happens if there is a transformation i.e. shopping centre, improved infrastructure, cafe precinct, new school etc.
I am excluding renovation as a method to increase values;and
mining towns where there is an influx of people during the construction phase.
Based on this I think Brisbane should have extra ordinary gains and over the next 10 year as workers will have greater wealth.
Now to which suburbs?
inner south brisbane - new train line and it is close to the river. I am focussing on yeerongpilly, dutton park, yeronga.
Carindale - extension of busway
Does anyone want to contradict or substantiate on this theory?
regards,