Saturday Summary – the most interesting property investment articles I’ve read this week (2013/11/23)

There are more property investment articles, commentaries and analyst reports on the Web every week than anyone could read in a month. Each Saturday morning I like to share some of the interesting ones I’ve read during the week.

Enjoy your weekend….and please forward to your friends by clicking a social link buttons on the left.

New South Wales buyers propping up Brisbane’s housing market

The Courier Mail reports that southern investors are buying up bargains in Brisbane fuelling the recovery in the city’s property market in a bid to get more bang for their buck. Of course there is nothing unusual about this. Previous property cycles have begun in the big smoke down south and then a year or 2 later moved to Brisbane.[sam id=34 codes=’true’]

With prices booming in Southern capitals and forcing out house hunters, Sydneysiders and Melbournites are turning attention north and splashing the cash on Brisbane homes.

Real estate analysts and agents say the interstate investors are leading the recovery in the Brisbane property market as they embark on shopping sprees through our sought-after suburbs.

Real Estate Institute of Queensland chief executive Anton Kardash said investment from interstate and overseas had been a “significant proportion” of the recovery in Brisbane’s market.

“The investor market has been the one, particularly in the sub-$350,000 and sub-$400,000 range, that’s really been keeping the market very much alive over the last probably 18 months,” he said.

 

New or established – which makes a better investment? | Home or investment- which comes first | Margaret Lomas answers your questions

Another great Real Estate Talk show  produced by Kevin Turner. If you don’t already subscribe to this excellent weekly Internet based radio show.

Details of this week’s show:
Margaret Lomas answers a number of your questions
Sam Saggers and Bryce Holdaway give their advice on which makes a better investment- new, or established
Michael Yardney lays out all the pros and cons with purchasing an investment property first instead of a home
Louis Christopher explains why we shouldn’t be worried about the Chinese taking over our property market

You should definitely subscribe to this weekly audio program. Click Here It’s free and you can listen on the go on your smartphone, iPad etc.

 

John McGrath’s Sydney picks for 2014

In his recent McGrath Report, property guru John McGrath outlined his suburb picks for Sydney in 2014.  Here are his picks for locations with great buying opportunities and the potential for capital growth.

  1. Camperdown/Newtown/Erskineville: On the doorstep of the CBD and home to the coolest retail strip in Sydney at King Street, the local university community will benefit from strong Chinese buyer demand.
  2. Kensington/Randwick: Close to the university, this is an undervalued parkside village only 7 minutes to the CBD. Will benefit substantially from the new light rail planned to start soon.
  3. Willoughby/Artarmon: Leafy, safe and family friendly; also far less expensive than their Lower North Shore neighbours.
  4. Marrickville/Dulwich Hill/Petersham/Enmore: This is the sweet spot for young families and professional couples who like what Paddington buyers want at half the price. With loads of trendy eateries popping up, it is also set to benefit enormously from the Inner West Light Rail extension.
  5. Brighton-Le-Sands/Sans Souci/Dolls Point: Close to the CBD and airport but without the larger inner city price tags, these bayside suburbs offer a convenient, family-friendly environment. Dolls Point offers amazing value for money with two bedroom apartments by the park and bay selling for around $500,000.
  6. Castle Hill/Kellyville/Rouse Hill: Offers larger blocks and bigger houses than the inner city for far less money. Bustling Rouse Hill town centre has a great shopping village and wait til you see what the new North West rail link will do to property values!

 

China relaxes one child policy  – Pete Wargent

Regular Property Update blogger Pete Wargent explains how China is grappling with a solution to its ageing population and demographic challenges by announcing a relaxation to its one child policy.

Not dissimilarly, Australia has an ageing population which it intends to combat with massive population growth, adding nearly 400,000 persons in the last recorded 12 month period.

Meanwhile, London’s population is set to continue increasing to 10 million.

Note that China’s one-child policy already exempts rural dwellers and ethnic minorities,

BBC article reports here:

China is to relax its policy of restricting most couples to having only a single child, state media say.

In future, families will be allowed two children if one parent is an only child, the Xinhua news agency said.

The proposal follows this week’s meeting of a key decision-making body of the governing Communist Party.

Other reforms include the abolition of “re-education through labour” camps and moves to boost the role of the private sector in the economy.”

 

John McGrath’s Brisbane picks for 2014

John McGrath also outlined his Brisbane suburb picks for 2014 in his McGrath Report, Here are his picks for locations with great buying opportunities and potential for capital growth and the reasons why I’ve chosen them.

  1. Cannon Hill: This suburb offers great value with access to the same facilities as the more expensive Bulimba and Hawthorne. Small cottages start in the $500,000s with large Queenslanders under $1M.
  2. Chermside and surrounding northern suburbs: People are showing a willingness to go further north of the city for newer properties and better value for money. Chermside is popular, offering new townhouses and some of Brisbane’s best shopping facilities.
  3. Highgate Hill: Just 4.5 km from the CBD with access to the cafes, restaurants and the entertainment precinct of West End and Southbank, Highgate Hill is attracting more families and professionals. Good variety of housing from unrenovated Queenslanders to new apartments and developments.
  4. Kenmore: Great family area and just outside your traditional inner city suburbs, making it very affordable for families and first home buyers. Very popular amongst renovators looking for properties on larger blocks of land.
  5. Toowong: Toowong has a very broad range of properties suitable for young first home buyers and investors through to families and executives.

 

Blogs you may have missed this week:

If you didn’t have a chance to read my daily blog, here’s a list of the blogs you missed this week:

Why we’re not in a property bubble – Bill Evans Westpac

The latest property news video from Kevin Turner | 20th November

Rental vacancies down for the 4th month in a row – Louis Christopher

This week’s property market trends | RPData

Have borrowers missed the lowest point in fixed interest rates?

Australia is well positioned as Asia-Pacific millionaires will take over the world’s rich by 2014

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About

Michael is a director of Metropole Property Strategists who create wealth for their clients through independent, unbiased property advice and advocacy. He's been once agin been voted Australia's leading property investment adviser and his opinions are regularly featured in the media. Visit Metropole.com.au


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