An infrastructure boom in south-east Queensland, particularly in the ‘golden triangle’ comprising Logan, Ipswich, and Beenleigh, has attracted investors back to the region. Following a slump caused by Queensland land tax reforms and rising interest rates, the area is now experiencing a surge in investor activity.
The surge is driven by the region’s affordability, with homes under $700,000 and units renting at $350 per week. This affordability, coupled with high rental yields almost double that of Sydney, has made Brisbane an attractive investment destination, especially for interstate investors.

As Queensland prepares for the 2032 Olympics and experiences a record influx of interstate migrants, Brisbane has emerged as a hot spot for investors. Data from Domain’s Rent Report indicates that Logan City offers the highest rental yield in south-east Queensland at 7.66%, attracting investors seeking strong returns.
Property experts like Sam Gordon from Australian Property Scout attribute the increased investor interest to the city’s infrastructure developments and population growth. Gordon notes a significant shift in investor activity over the past year, with Brisbane becoming a competitive market for property investment.
Rob Ford, Founder and Director of Zevesto, highlights the growing demand for properties with auxiliary units or granny flats in areas like Logan, Marsden, and Boronia Heights. The shortage of rental properties in these locations is driving investor activity, with rental renewals up by 18% annually.

While Brisbane’s outer suburbs like Logan are seeing a surge in investor interest, inner-city areas like Brisbane City are also witnessing strong rental yields. Haesley Cush, Principal at Ray White New Farm, notes that Brisbane’s improving outlook and affordability are attracting investors back to the inner-city property market.
Commercial property expert Mish Daniel of Revolve Commercial observes a significant increase in investor activity in Brisbane, attributing it to the city’s growth potential and affordability compared to southern capitals. Queensland’s expansion and housing shortage are driving property prices up, making it an attractive market for investors.
As Brisbane continues to develop and expand, suburbs like Cannon Hill, Nundah, and Woolloongabba are emerging as investment hotspots due to their proximity to the city and strong infrastructure. The city’s affordability, coupled with rising rents and capital uplift, is making it an appealing destination for property investors.
Overall, with the influx of interstate migration, major infrastructure projects, and attractive rental yields, south-east Queensland, particularly the ‘golden triangle,’ is shaping up to be a promising area for property investment in Australia in 2024.
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