Sydney property buyers are ‘skipping inspections’ and ‘buying blind’ in booming Brisbane – and honing in on the suburbs with the most burglaries

 

They may not be as grand as some houses you’d see in Sydney’s eastern suburbs, but investors from there are still buying up properties in some of Brisbane’s much less glamourous areas.

Domain reports that estate agents in Brisbane’s suburbs have been inundated with Sydney buyers interested in buying property in usually ‘unfavourable’ places as they believe they can make a profit on the houses over time.

Many Sydney investors were not even inspecting the properties in person and were relying solely on photographs, while skipping inspections altogether, Domain reported.

Sydney

VIA DAILYMAILUK