BY CHRIS VOTE, RAINE & HORNE WYNNUM
Research shows that suburbs close to the water perform better than all others over the long term. Whether the market is rising or falling, properties in these areas perform better.
Position is always important, and location is important too. Being close to amenities like the excellent schools we have, the multiple train stations with easy access to the city, the cinema, the great shops and cafés – it’s easy to see why Wynnum Manly is the place to be!
Whether you are purchasing your first home, fifth-plus home, or another investment property, savvy buyers all say the same: choose a good position – it’s all about location, location, location!
Have you ever heard the saying, buy the worst house in the best street? Well, that term has been around forever and will still be relevant in 100 years.
Selling properties in the bayside for 10 years now, I have heard position is most often at the top of the list of priorities when talking to buyers, with east of the railway and in the Manly school catchment being most commonly what buyers dream of finding within budget.
These can be tight pockets of the market to get into, but this high demand overflows into the surrounding areas and keeps the whole of the bayside in good stead.
Despite what the media is saying about a softening market, there is still a housing shortage, and buyers, both local and interstate, are still seeing value in the Brisbane market, in particular, the value in the Wynnum Manly pocket, because there is nothing else that compares to it in the BCC region!