Showing posts with label aspect property group. Show all posts
Showing posts with label aspect property group. Show all posts

Sunday, February 5, 2017

Western Suburbs Brisbane Apartments

A real estate agent has issued a interesting report regarding sales of houses and apartments in the Western suburbs of Brisbane (Indooroopilly, Taringa, Toowong, St Lucia.)  The report is available here.

According to this report, the 2016 market was worse than in 2013, 2014 and 2015, based on number of sales and also on total sales prices.

For example, in Indooroopilly, in 2015 a total of $130M in apartments were sold.  In 2016, this dropped to $60M.  In Toowong, $117M in 2015, dropped to $82M in 2016.

It seems that 2016 was a good time to buy but not a good time to sell?

The report lists the top 10 apartment sales in each suburb.  With a number of new buildings reaching completion in 2017, I suspect that the top sales in 2017 will be concentrated in a few of these new buildings.  For example, Aspect Property Group's Centra in Toowong has a number of apartments above $900,000 that settled in January 2017.  All of these sales will be higher than the top Toowong apartment sale for 2016, which was $862,500.

When looking a new buildings, keep in mind this report --  you may be paying top dollar!

Saturday, April 27, 2013

New Apartment Developments in Brisbane

New developments:


The above is only a partial list of new and off-the-plan apartment developments in Brisbane.  Take care when buying new and off the plan, as often the pricing is much higher than existing near-new apartments in a similar location.

It is also worth reading the following book, available on the Amazon Kindle and Apple stores.  

Monday, August 1, 2011

Linear Taringa

Aspect Property has launched a small apartment development on the corner of Gailey Road and Sir Fred Schonell Drive. The development is called Linear.

  • Two bedroom, two bathroom, 77 sqm internal = $509,000
  • Two bedroom, two bathroom, 71 sqm internal, with about 20 sqm balconey = $487,000
This is an old petrol station site, that has been redeveloped. Construction has started and is up to about the 3rd floor. It is on the corner of two busy roads.

Saturday, May 8, 2010

The Studio, St Lucia

The Studio student apartment complex, "sold out" in less than a week just recently. About one third of the apartments were sold, with the remainder being kept by the developer, Aspect Property Group. The complex is located within the University of Queensland, and will be complete about July 2010.

Aspect is also in the planning stages of an apartment complex at the beginning of Fred Schonell Drive, to be called Linear.