Investing In Queensland Or NSW Northern Rivers
When it comes to choosing the location for your next, there are plenty of options to choose from. Depending on the type of tenants or guests you’re looking to have, bustling suburbs in cities like the Gold Coast can be a great choice for those who are after an energetic experience with proximity to beautiful beaches, whereas quieter towns in the Northern Rivers of New South Wales can be great for those who are looking to escape busier cities.
We will be exploring the qualities of the Gold Coast and the Northern Rivers, as well the type of guests or visitors you might expect, and the investment opportunities associated with both.
Choosing Where To Buy Investment Property In Australia
From lifestyle to the types of property available, investment potential, and investor objectives, here’s what you need to know about where to buy investment property in Australia.
Lifestyle
Offering a vibrant, coastal allure, the Gold Coast offers the golden beaches Queensland is known for, sun-drenched days year-round, and exciting nightlife. A destination for water sports enthusiasts and surfers, as well as those who want pleasant weather all year, the Gold Coast offers a great lifestyle. On the other side of the state border, the Northern Rivers in NSW offers a much different lifestyle. A much slower life of tranquillity, eco-consciousness, and a close connection to nature, the lush hinterland, rivers, and rainforests are an idyllic setting for those who want a slower, more mindful way of life outside of busy cities.
Property Types
The Gold Coast offers a range of property options that can suit different budgets and preferences. From beachfront apartments with panoramic ocean views to cosy family homes with backyards, to properties that are suitable for student accommodation, the Gold Coast has a multitude of choices. Apartments aren’t as common in the Northern Rivers, with residences more likely to be farmhouses and cottages in quiet villages as well as eco-friendly, sustainable housing options that are perfect for those looking to go off-grid.
Investment Potential
For property investors, the Gold Coast boasts a promising market. Offering strong rental yields for more stable income, as well as high earning potential in summer months as it is a popular tourist destination, the Gold Coast is an attractive option. Especially in areas like Surfers Paradise, Broadbeach, and Southport, there is a high demand for short-term holiday rentals, giving investors plenty of choice. The rental market in the Northern Rivers isn’t as saturated as the Gold Coast, but it presents a unique investment proposition, and the region is growing more popular with inter-state movers who want a lifestyle shift and to escape high prices in Sydney and Melbourne. Growing interest will see land and property values appreciate, particularly in areas like Byron Bay and Ballina that offer an enticing option for property investors.
Investor Objectives
For those who are looking to maximise rental returns and take advantage of a robust tourism market, the Gold Coast has steady demand for short-term holiday rentals, as well as residential homes and student accommodation as well. For those who are looking for long-term property appreciation in a region that is continuing to grow in popularity, the Northern Rivers also present an appealing option.
Choosing where to buy investment property in Australia can be tricky, but locations like the Gold Coast and the Northern Rivers offer a range of investment opportunities. Depending on your objectives, there is great investment opportunity in both regions. Regardless of which you choose, when you are ready to buy, Rose & Jones can help. With 25 years of experience in both regions, we can ensure you find the property you are looking for with the right terms and the right price. Get in touch with our team now.
About Rose & Jones
Rose & Jones has been helping clients find and purchase properties in Sydney, Brisbane, and the Northern Rivers since 1998. A renowned property buyers agency across residential, commercial and industrial sectors, every one of our property experts meets our high standards, so you won’t have to compromise yours. With access to a wide network of off-market properties, our team can help you find the perfect property. Also offering property management services and investment advice, make Rose & Jones your go-to when it comes to real estate in New South Wales and Queensland.
