Both the Brisbane and Gold coast market have seen listings increase at a massive rate for the last 6 months.
Investors have stopped buying because they realise that 3% net yield isnt going to encourage capital growth and there is no reason that rents will rise.
All the new construction is absorbing population growth so there is noone to pay the ridiculous $300 and $400 grand amounts being asked.
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dont kid yourself property bubble has pricked, page-32
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