If you have $100,000 to spend in Queensland’s property market, you have a few options to consider. While $100,000 may not go as far as it used to in the real estate market, there are still opportunities to be found.
In regional areas like Toowoomba or Bundaberg, you may be able to find a small apartment or house for around $100,000. These properties may need some work or be in less desirable locations, but they can still be a good investment or a starting point for first-time buyers.
If you’re looking in major cities like Brisbane or the Gold Coast, $100,000 may not get you much in terms of a standalone property. However, you may be able to find a parking space, storage unit, or small studio apartment for that price. These types of properties can still provide rental income or be a stepping stone towards a larger investment in the future.
Keep in mind that property prices can vary greatly depending on location, so it’s important to do your research and work with a real estate agent who knows the local market. With some creativity and flexibility, $100,000 can still open doors in Queensland’s property market.