Why Southeast Queensland is the Best Place to Buy Property
If you’re considering buying your first home, location is crucial. When choosing a location, you must consider factors like a good work/life balance, a great lifestyle, affordable prices, the area’s future potential and more. Well, look no further, because we’ve found a stunning region undergoing a property boom –South East Queensland.
Read on for the top six reasons to purchase your first property in South East Queensland.
Property Boom
According to property experts, South East Queensland is the site of the next property boom. A key factor fuelling this surge in popularity is that land is grossly undervalued compared to southern rivals like Sydney and Melbourne. So, land values are overdue a large capital value lift, with home loan rates at historically low levels.
Relaxed Lifestyle
One of the most attractive features of South East Queensland is its laidback lifestyle. As a Queenslander, you’ll enjoy leisurely strolls to the beach, long lunches with friends, take a morning run through the park, and more. The region is ideal for first home buyers, as it’s far enough away from the noise and rush of the city, while close enough to beaches, restaurants and tourist attractions.
Affordable Prices in Popular Areas
The South East Queensland region is becoming increasingly popular among first home buyers because from Toowoomba to the Gold and Sunshine Coasts; there are affordable properties in highly sought after areas. For instance, you can purchase a home or unit on a Gold Coast canal for the same price as a one-bedroom unit in Sydney.
Ideal Work/Life Balance
A major consideration among first home buyers is ensuring they’re in an area which is close to their workplace, beaches, shops, schools and more. South East Queensland over-delivers, as it is central to all your work and leisure needs, creating the perfect work/life balance.
New Infrastructure
South East Queensland is in the middle of an infrastructure boom. There are many current and upcoming infrastructure projects which will make commuting to work and leisure activities much easier for residents.
This is in addition to many commercial projects, which will attract more business to areas such as Caloundra, Caloundra West, Coomera and Surfer’s Paradise, thus supporting local job growth.
Queensland First Home Buyers’ Grant
To ease the financial burden on first home buyers, the Queensland Government has extended the First Home Buyers Grant to December 31st, 2017. If you buy or build a new home in Queensland, you may be eligible for up to $28,750 ($20,000 for the Grant and $8,750 in stamp duty) for homes valued up to $500,000.
For more compelling reasons to buy your first home in South East Queensland, call or email the talented team at No Deposit First Homes today.