Investing in property in Qld: ‘I think this is the safest and best return’ – realestate.com.au

Riley Lye knows what it takes to enter the real estate market.

The 30-year-old bought her first investment property this week: a three-bedroom that she bought off-market with a pre-approved loan.

“As a young professional, I decided the best investment for my cash flow was real estate,” says Ms. Lye, who works as a new home advisor at Metricon Homes.

“I think this is the safest and best return, especially with the Olympic Games approaching.”

Riley Lye, who lives in Newstead, bought her first investment property this week.

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Ms Lye, who owns and lives in an apartment in Newstead, received her pre-approval before beginning her property search.

“The pre-approval process was easy and my agent’s process included how risky I was,” she said.

“I don’t mind a little risk, so he took that into account.”

Buyer’s Agent Lauren Jones

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Once she had her budget, she enlisted buyer’s agent Lauren Jones to help her find the right investment.

Ms Lye paid $673,000 for a three-bedroom house in Crestmead, Logan, which was settled this week.

“I chose a buyer’s agent because I wanted to be hands-off and I knew the emotional turmoil that comes with buying a property,” she said.

“My time was also a little more important to me.”

Ms Lye said she expected the property market in south-east Queensland to continue to rise.

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Ms Lye said she expected the property market in south-east Queensland to continue to rise.

“From a property and construction perspective, the government’s tenders for the Olympic infrastructure trade suggest that this will be heavily incentivized to ensure this happens on time,” Ms Lye said.

“Trades will cost more and buildings will cost more, which will drive up prices.

“I can’t imagine a market shift that will cause house prices to decline.”