Everywhere you look, people are talking about the Brisbane property market.
The Olympics are coming, property prices have surged, and there’s this growing belief that Brisbane is the place to be for investors right now. 
In fact, it's not just Brisbane, but a whole swag of new and let me call them inexperienced buyers agents are suggesting buying in regional areas of northern Queensland.
But history tells us something interesting - when everyone’s talking about a market, it’s often already too late.
So, is Brisbane still a smart investment play, or has the boat already sailed?
To help unpack that, I’m joined by my business partner and National Director at Metropole, Brett Warren, who’s based in Brisbane and has been studying this market for decades.
Despite being a proud Brisbanite, Brett’s going to share why he believes now might not be the best time to be chasing growth in Brisbane, and he’s here to tell us why.
In this conversation, we discuss the current state of the Brisbane property market, the implications of the upcoming Olympics, and the importance of strategic investment.
The discussion also highlights Melbourne's potential as a new investment opportunity, contrasting it with Brisbane's current market dynamics.
The conversation concludes with practical takeaways for investors looking to navigate the property landscape effectively.
Takeaways
- Brisbane's property market has seen significant growth but may be reaching its peak.
- Understanding property cycles is crucial for making informed investment decisions.
- The upcoming Olympics may not significantly impact the property market as expected.
- Investors should look beyond Brisbane for opportunities, particularly in Melbourne.
- Melbourne is currently undervalued compared to other major cities in Australia.
- Quality locations with proven demand are essential for long-term investment success.
- Investing strategically and based on data is more effective than following trends.
- The local economy and job growth are key drivers of property demand.
- Investors should be cautious of inexperienced agents pushing regional properties without solid economic foundations.
Links and Resources:
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Brett Warren - National Director of Property at Metropole.
Michael Yardney – Subscribe to my Property Update newsletter here.
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