Property Investment Brisbane

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5 common mistakes Queensland Property Investors make [Video]

Do you want to avoid some of the common mistakes investors make? If so, watch as I chat with Brett Warren, senior property strategist at Metropole in Brisbane, as he shares the five common mistakes he sees many Queensland property investors make: Watch as Brett details the following mistakes he sees over and over again…

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5 things property investors need to know before investing in Brisbane

Although we are all in the same country, there are many differences and nuances when it comes to the property market from state to state. These differences are wide and varied and range from different laws, culture and even climate. Here are my top 5 things that people need to understand before buying in Brisbane;…

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Brisbane Housing Market Update [Video] – October 2017

Brisbane’s housing market is performing well compared with Melbourne and Sydney, thanks in part to steady jobs growth and interstate migration in the state. However, Brisbane’s unit market is underperforming, with unit values down by 3.2% over the last twelve months, compared with house values which are up by 4.3%. The Brisbane housing market continued the trend of modest appreciation, with…

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Another transformation that will help property prices “take off” in Brisbane

Recent information released by the state government show that the Eagle Farm – Pinkenba precinct will be the fastest growing economic area outside of the Brisbane CBD over the next 15 years. The headline act for this transformation is the addition of a second runway to the Brisbane Airport at a cost of $3.8bil. …

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Reselling Brisbane Apartments Means Selling At A Loss

Apartments purchased off-the-plan at the beginning of Brisbane’s unit-construction boom are selling at significant losses, underscoring concerns from the Reserve Bank about the city’s concentrated inner-city property market. According to Michael Yardney, CEO of Metropole Property Strategists, buyers who bought off-the-plan apartments in high-rise towers in Hamilton, Bowen Hills, and Fortitude Valley were particularly hard…

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Brisbane off the plan apartment buyers lose up to 36%

Unfortunate buyers of off the plan apartments in Brisbane are selling at losses of up to 36 percent. The Australian reports that most sales this year in high-rise apartment towers in Hamilton, Bowen Hills and Fortitude Valley which were built about five years ago, occurred at a loss. The heaviest falls were a $152,000 plunge…

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Brisbane Housing Market Update [Video] – September 2017

Brisbane’s housing market has continued along a surprisingly weak trajectory. Overall growth and residential property values remain healthy, but at a combined capital city level it’s not quite as strong as what it was a year ago. In Brisbane the pace of capital gains remained reasonably sedate in August with $20 rising by 0.2% over the month…

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People are returning to the Sunshine State

Population growth in Queensland has been in dramatic decline since the highs of the mining boom and property prices have followed suite, with low and slow growth. In the early 2000’s there was a huge amount of jobs on offer from the mining boom that initially attracted interstate workers, with a large number of overseas…

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How’s the QLD Economy? | ANZ Research

Australia’s economic fortunes have improved according to the ANZ Bank’s most recent Stateometer -it’s quarterly assessment of the economic state of our States. As housing construction keeps economies humming in the south east, resources construction in the west and north comes close to bottoming, and labour markets and trade improve nationwide, the ANZ Stateometer paints…

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Brisbane Housing Market Update [Video] – August 2017

The latest housing market results highlight the diversity of housing market conditions, with dwelling values down over the month in Brisbane (-0.6%). Brisbane’s housing market has continued along a surprisingly weak trajectory, with dwelling values slipping by 0.6 percent over the month and rising by only 2.2 percent over the past year. With annual growth…