Brisbane Apartment

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

Tuesday, May 31, 2011

Old State Library to Become 400 Room Hotel

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The Old State library building will become a 400 room high rise hotel. This will impact the river views from some apartments in Casino Towe...

Supply Glut Growing in Brisbane

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"Brisbane buyer are spoilt for choice as a record number of new apartments hit the market, with more on the way. There are more than 2...

Heavy Discounting on the Gold Coast

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"Heavy discounting has helped the previously stalled Gold Coast apartment market move up a gear with several projects finally selling o...

REIQ Says Bottom of the Market for Queensland Real Estate

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The REIQ, which is trade association for real estate agents, says that now is the time to buy because it is the bottom of the market. "...

Rp Data - Rismark April Report

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The near-double interest rate hike in November last year has bitten, with seasonally-adjusted Australian capital city dwelling values down 1...
Monday, May 30, 2011

Markup Update

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There are a huge number of properties listed for sale at present, well more than average or for this time of year. At the Ray White auction ...

Saville SouthBank

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One of my favourite apartment buildings in Brisbane is the Saville SouthBank, above the Mantra. It is rare for good apartments to be listed...
Saturday, May 28, 2011

Too Many Apartments

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"According to Place research analyst Lachlan Walker, there were 2015 apartments available for sale off the plan at the end of the March...
Monday, May 23, 2011

Most Popular Posts

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One of the most popular posts in recent times has been a short note about Alex Perry Residential. The post is here . I suspect that the de...

US Banks Own Nearly A Million Homes

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" Over all, economists project that it would take about three years for lenders to sell their backlog of foreclosed homes. As a result,...
Sunday, May 22, 2011

New Apartments in Brisbane

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In February 2011, I prepared a detailed post regarding new apartment projects in Brisbane. Below is an updated list. There are more detail...

Keeping a Dog is Not Unreasonable

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"Two extreme examples can be given to show what clearly falls outside the purpose of the by-law making power: Firstly, it could not be ...

When the Resources Boom is Over

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"But the minerals boom won't last forever. The second phase of investment is now committed, ensuring strong investment over five ye...
Saturday, May 21, 2011

House Sales Down

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An REIQ report says that house sales are down. This report is for houses (not apartments). See Courier Mail . From the REIQ press release...

A New Vision 111+222

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A new development application has been lodged for the Vision site (where the Vision building was planned, with many apartments over $1M bei...

Infinity Tower

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A significant height increase for Meriton's Infinity tower (which is currently under construction) has been proposed. The tower's he...

New Flood Maps

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The Brisbane City Council has released new interim flood level maps. In some places, they are not completely accurate (and so list non-floo...

Watch Out For Illegal Conduct of Developers!

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A legal case from last year again shows that developers and real estate agents of off-the-plan projects lie to trick people into purchasing....
Tuesday, May 17, 2011

Mirvac's Hamilton Apartment Project

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Mirvac is the next developer to announce an apartment project at Hamilton, called ForeShore Hamilton . Coming soon, a release of 1 and 2 be...
Sunday, May 15, 2011

Casino Towers - Recent Sales

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The following are all reported sales from December 2010 to now in Casino Tower. (If you ignore the last two digits, the remaining digits in ...

Recent Sales - Felix

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The following are all reported sales from October 2010 to now in Felix. (If you ignore the last digit, the remaining digits in the apartment...

Aurora Towers - Recent Sales

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The following are all reported sales from December 2010 to now in Aurora. (If you ignore the last digit, the remaining digits in the apartm...

Car Space

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I would never buy an apartment without a car space. The value of a car space is between $60,000 and $90,000 depending on the building and l...

PRD Report on Brisbane

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“Contracting sales below the $500,000 price point can be attributed to the exacerbated impact increasing interest rates and the rising cost ...

Ray White's Representations

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"We're on a roll here at Ray White Toowong on the back of both our biggest sales AND listing month so far this year! Local seller...

Hamilton Harbour

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Update from Devine: " Construction at Hamilton Harbour is progressing on schedule; the rise of Brisbane’s newest lifestyle Mecca will b...

Brisbane City Rents

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According to RP Data, Brisbane City rents have risen by 1.3% over the last 12 months. Have a look at these to charts: Weakest and Stronge...

Number of Listings

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RP Data reports: "The number of new properties advertised for sale has recorded a large fall over the week, down -9.6%. Despite the ...

Unit News

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Building Units News Letter .

Alex Perry Residential

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A new development in the Valley is now in pre-sales, Alex Perry Residential . It has 131 apartments, a mix of 1, 2 and 3 bedrooms. The web...
Saturday, May 14, 2011

Sales in Charlotte Towers and Festival Towers

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The following are all reported sales from December 2010 to now in Charlotte Towers and Festival Towers. Charlotte Towers, 128 Charlotte St, ...
Wednesday, May 11, 2011

Losses out West

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An interesting blog on how to loose money out West in property.
1 comment:

McLachlan & Ann Update

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I received a mailing from a real estate spruiker today regarding McLachlan & Ann in the Valley. 1 bedrooms were $429,000 to $465,000 2 ...

An Extraordinary Turnaround

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" Over the past week we have witnessed quite an extraordinary turnaround in market activity, perhaps best evidenced in the mass 28% spi...
Friday, May 6, 2011

Eden in Albion

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Arden Property from Brookfield is developing Eden at Albion . Prices start at $325,000. Arden also developed Ciana Indooroopilly , which i...

The Mood In Brisbane

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I have spoken to a number of agents and bankers lately in Brisbane. It seems that the mood in changing, and properties are starting to sell...

Oaks

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The Oaks Group manages a number of Brisbane apartments, including Charlotte Towers, Aurora, Festival Towers and Felix. The Australian report...

Noosa

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One market source estimated that there was currently one buyer for every 50 properties available in Noosa, saying property values had "...

No Buyer's Strike

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Online activist group GetUp! decided not to pursue a strike of home purchases to protest at the lack of affordability in the housing market ...

Brisbane, Australia - Cheapest Place to Buy Property

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See International Business Times " Property hunters looking for real estate down under may be interested to learn that Brisbane is the ...

Number of Advertised Properties For Sale

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"The number of newly advertised properties for sale has fallen by -5.2% over the past week, with new listings falling from their hist...
Monday, May 2, 2011

Brisbane Skyline Photo

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A good photo of Brisbane city skyline from Kangaroo Point, taken recently. Look here .
Sunday, May 1, 2011

Finding the uncommon deal

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A recently published book by a NY lawyer, which is worth reading.
Saturday, April 30, 2011

USA Prices Reverse Again

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From the USA: "PRICES for both homes and commercial real estate are falling again. Meaningful improvement may have to wait until there ...

RP Data - Rismark March Report

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Table 3: Apartment Prices While Australia’s capital city home values were flat in March (-0.2% seasonally adjusted and 0.0% raw), they softe...
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