A survey by MRD Partners reveals Queensland as the preferred market for investors.

The survey found 50% of respondents opted for Queensland as the location of their next investment property. Western Australia (14%), Victoria (13%) and NSW (12%) were the next most likely choices.

The survey found that 52% were planning on buying an investment property within a year and 86% already owned at least one investment property.

According to MRD Partners, Brisbane has moved from recovery to growth since the GFC, but has not yet entered a “boom’ market”, so there is opportunity to get in now and buy before that growth comes.