More first home buyers are investing in this community

first_imgGrishma, her mother, and Pradeep Kharel. Photo: SuppliedYoung couples and families looking to buy their first home have their eyes set on Brentwood Forest at Bellbird Park.With property prices in Brisbane predicted to increase again by more than 5 per cent in 2020 the affordability of housing in the central suburbs of Brisbane may become harder to achieve for first home buyers looking to invest in property.Some buyers have found the solution in the outlying suburbs of Greater Brisbane, where the average home price is currently sitting at $528,000 – around $147,000 less than the median price in the Brisbane Local Government Area.AVID Property Group senior development manager Peter MacLeod said the master-planned community had received more inquiries from couples and families looking to buy their first home.More from newsParks and wildlife the new lust-haves post coronavirus12 hours agoNoosa’s best beachfront penthouse is about to hit the market12 hours ago“We are seeing more couples coming to Brentwood Forest in search of the stability that comes with home ownership – they are looking for a place to start and grow their family,” Mr MacLeod said.Grishma and Pradeep Kharel were renting in inner-city Brisbane when they decided the time was right to invest in their own home. They soon realised an inner-city home was not achievable with their budget and started looking into opportunities further away from the Brisbane CBD. “Before buying our home we had been renting less than 15 minutes from the city, but we couldn’t afford to buy a home there,” Ms Kharel said. “We had been looking at several different areas in the area, but Brentwood Forest in Bellbird Park stood out to us.“Brentwood Forest had great utilities and we actually loved the location – it was only half an hour from the city and close to schools, shopping centres and only a seven-minute drive to Springfield Central.”last_img read more

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