Brisbane Apartment

This Blog is designed to provide information about buying or renting apartments in Brisbane, Australia. www.brisbane-apartment.com

Saturday, January 1, 2011

Off-the-plan sales are slow

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SALES of new highrise apartments took a dive in the past quarter with Brisbane levels the lowest they have been in 18 months and the Gold Co...
Friday, December 24, 2010

Capital Growth

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In December's Australian Property Investor magazine, there is a chart from Collier's that lists average capital growth and average h...

Differences in Apartments

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A recent Adjudicator's decision regarding Admiralty Towers II highlights a factor that buyers and valuers sometimes overlook -- that is...
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Ray White Market Update

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I received a Ray White CBD Residential Market Update this week. Some extracts: "we also have 37% more properties for sale so buyers ha...

Tips for 2011

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Here are my tips for 2011 in relation to Brisbane apartments: 1. If you don't have to sell, don't sell. Wait until 2012 if you can...

The Oracle - Big Losses

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INVESTORS who bought into the $850 million Oracle Broadbeach development on the Gold Coast have taken losses of up to $1m. Receivers of the ...

2010 Brisbane Apartment Awards

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These are our awards for 2010: 1. Wildest Advertising Claim FKP Properties wins this for their overpriced The Milton development. Thei...
Saturday, December 18, 2010

Which way is the market heading in Brisbane?

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RP Data reports low auction clearance results for Brisbane for last week: APM reports the following top sales for Brisbane City apartments (...

New Gold Coast Apartments - Colliers Report

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The Gold Coast new apartment market has seen a continued decline in stock levels during the third quarter of 2010 to sit at its lowest level...

Pets in 212 Margaret

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As reported in a prior post, there was a decision relating to pets in 212 Margaret apartment building in Brisbane. Here is the Decision . ...
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"Likely to be orderly"

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AUSTRALIA'S house prices are over-valued by 5 per cent to 10 per cent but any correction is ''likely to be orderly'' and...

Brisbane Apartment Report from Colliers

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The Brisbane Apartment market has recognised its strongest quarter of sales in over six years and suggests that Brisbane apartments are back...

South Point

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The development, which incorporates the Heritage listed Collins Place building, will include three separate structures on the 0.85 hectare p...
Friday, December 17, 2010

The Oracle Goes Bust

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Not unexpected - The Oracle tower's developer at Broadbeach went bust this week. It seems that the bank valuations for the off-the-plan...

Admiralty Apartment Report

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Colin Walsh from Ray White issued a report recently about the Admiralty Precinct. Here are some extracts: Admiralty Quays "one of the ...

Aerial Photos of Brisbane

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Mirvac's Newstead Waterfront project Mirvac's Tennyson project Pradella's Water's Edge Kelvin Grove Urban Village Chermside ...
Saturday, December 11, 2010

Casino Towers to Loose River Views

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A new highrise hotel is to be built on the old State library site will block out river views from Casino Towers. So take care when buying i...
Friday, December 10, 2010

Apartment Sales Data

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Double click image to make larger.

Real Estate Agents Say Ideal Conditions for Investors

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The real estate agents industry lobby group, REIQ, issued a press release today, putting a positive spin on apartment sales in Queensland: ...
Sunday, December 5, 2010

US News

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"LOOKING for a deal in a down market? As winter sets in, the fruits of desperation — foreclosure sales, short sales, auction sales and ...
Saturday, December 4, 2010

Brisbane Market About To Get Worse?

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RP Data reports the following: " The number of properties being advertised for sale nationally has risen sharply during the spring sell...

More Details from Colliers Apartment Report

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A post below mentioned the Colliers September 2010 Brisbane Apartment report. See " Why Are Colliers Optimistic ". Some more det...

More Losses

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Mirvac's Tennyson Reach: Apt 3302 is listed for sale at "half price". This is a three bedroom riverfront apartment (on a low...

Buyer Confidence Low

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Extracts from a story in today's Courier Mail : HOMEBUYER confidence has taken a dive in southeast Queensland with predictions of more p...
Thursday, December 2, 2010

Hotel To Block Apartment Views

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A new highrise hotel complex is planned for downtown Brisbane. If built, it will be located next door to the Vision hole, and adjacent to 2...

Top End Heading Towards The Bottom

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Here is evidence that, despite what real estate agents and developers tell you, the top end apartment market is not going great. Many peopl...
Tuesday, November 30, 2010

Values Steady, but Headwinds Loom: RP Data

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" Dwelling values were up a modest 0.3% in seasonally-adjusted terms during October. Yet the November rate rise, bank top-ups, declinin...
Thursday, November 25, 2010

Why Are Colliers Optimistic?

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In The Australian this week, a story about the Colliers Real Estate Agents Brisbane Apartment Report: "Its Brisbane apartment repor...

Checklists

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See www.mystratamanagement.com.au for an apartment buyer's guide and building checklist.
Wednesday, November 24, 2010

Trying to Get Out of an Off-the-plan Contract

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Here is a decision regarding an investor trying to get out of two off-the-plan contracts for apartments in The Oracle at Broadbeach. The ju...
Thursday, November 18, 2010

Felix Auction

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It is always good to see what happens at normal auctions. An apartment in Felix, 307/26 Felix Street, went to auction today. See listing ....

"Chinese love the Sunshine State"

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Story from the AFR on Friday last week -- "Chinese love the Sunshine State". The article states: "Half a dozen significant ...

Gold Coast Collapsing

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Story from the AFR on Friday last week - "Banks judge Gold Coast apartments as vulnerable". "Westpac Banking Corp has a parti...

Riverpoint Auction - No Result

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A new Riverpoint apartment at West End failed to sell at a high profile Ray White auction. The highest bid was $3.5M . This is less than $...
Saturday, November 13, 2010

Rental Returns - from RP Data Property Pulse

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"... During the five years to September 2010, the Australian residential property market has experienced a variety of conditions, modes...

Pet Friendly Apartments

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A resident of an apartment recently filed a dispute resolution request to an Adjudicator within the Body Corporate Commissioners Office in B...

SouthPoint Coming Soon?

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Will the SouthPoint apartment and hotel development at SouthBank ever get started? Reported to start later this year . (But they have sai...

Fairfax is Getting Dumber

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> Recently, the Domain property website had an offer -- Saturday's Sydney Morning Herald and the Sunday newspaper delivered in hardco...

Will Mosaic Go Ahead?

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ONE of Australia's biggest developers has continued to sell units in a proposed $150 million Brisbane tower even though city planners ha...
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