Increased Housing Demand

Recent Flood Crisis Increases Housing Demand

The Brisbane floods has put a small stress on Brisbane and surrounding housing demand.
Brisbane Residential mortgages will reflect this.

There is predicted to be a small shortage of rental properties as the hundred of families with destroyed
housing have to rent in nearby locations. The housing was not under any big stress to start with in Southeast Queensland with vacancy rates only at 10 year averages.

Having available investment properties to rent out is very fortunate for families left with nothing, can find accommodation with some ease hopefully.

Apartment Finance Is Hard For Small Areas

Getting Small Studio Apartment Finance Is Not Improving

Many have struggled when going through the purchasing process for studio apartments.
Some say to just go out and find a bigger unit (50 square meters or more) to save the hassles and
ensure you can get the finance from a respectable lender, at a decent rate.

Its more a choice of which investment is best based on its fundamental merits. Finance isnt the end of the world, although
getting a mortgage to fund the unit is still very important.
Make sure to contact your local mortgage broker to sort your situation