HIGH GROWTH SUBURBS WHERE RENT PAYS YOUR MORTGAGE
Our very own Zoran Solano, Brisbane property expert, was recently interviewed by the Courier mail discussing the topic which was to select high yielding suburbs where tenants paid your mortgage and also capital growth opportunity. the article was featured in the Saturday Paper but also Real Estate.com, here is a sample of that article, with also a link to the full article below.
“Hot Property senior buyers’ agent, Zoran Solano said Boondall, Bracken Ridge and Acacia Ridge were his picks.Mr Solano encouraged investor to stay within a 15km radius of the Brisbane CBD and look for growth triggers like infrastructure and renovation.
“Boondall is an area where we’re seeing a lot of gentrification,” Mr Solano said.“The older generation who bought and built their 70s and 80s brick homes are now moving on to other areas and fresh blood is coming in and renovating and value adding,” he said.Mr Solano said Bracken Ridge was affordable and had good proximity to facilities and the CBD.
“There are also some pockets of Acacia Ridge that are zoned for potential development,” he said.“The area is primed for rejuvenation especially as we see the ripple effect take control.””