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Detached homes could offer investment potential

By James Brown

Looking for that all-important property in Bellmere involves making some tough decisions, ranging from which part of the suburb to buy in, to what your budget is going to be.

If you're looking for long term gains on your investment, then this is something else you will need to factor into your final decision. Taking a look at facts and figures is one way to narrow your search.

Results of the January CoreLogic RP Data Home Value Index should offer some inspiration, as they highlight exactly what has been going on across the nation's capital cities.

Detached houses could well prove the wisest investment decision at the moment, as the figures point to stronger capital appreciation than their unit counterparts.

During the 12 months to January alone, detached housing values witnesses an increase of 8.2 per cent, which compares with a 6.2 per cent capital gain for units.

While the gap may not appear that great, it will nevertheless help inform your decision if you're looking for an investment property that generates returns in the short term.

For help with finding your next property in Bellmere, make sure you get in touch with the team at Ray White Caboolture.

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