To ensure you're successful with your property investment venture, it's important to buy into an area with a healthy rental market and great amenities.
Fortunately, the Caboolture area offers a number of suburbs that possess both of these features.
Low vacancy rates
Across the Moreton Bay region, vacancy rates have been quite tight for rental properties. The Real Estate Institute of Queensland found the rate to be 1.9 per cent for September. This is an encouraging sign for those who wish to secure a house for sale in Morayfield or surrounding suburbs for investment.
Furthermore, rental properties in the area are only taking one or two weeks to be filled, according to REIQ Chairman Pamela Bennett, demonstrating current strength in the market.
It's not just the low vacancy rates that make the Caboolture area a great place to invest. In the region, there is an abundance of schools, including a range of primary and secondary schools.
Open spaces are very common throughout the region, providing residents with a number of opportunities to enjoy the outdoors.
As Caboolture itself is only 45 minutes away from Brisbane, it allows residents to enjoy a quieter suburban lifestyle while still being able to be close to a thriving CBD.
If you'd like to secure an investment property in the region, make sure you consider property management Caboolture for peace of mind.