Brisbane Apartment

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

Saturday, July 30, 2011

Capital Gains and Losses

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According to Rismark, the median capital return to property owners since 1990 has been 7.8% per year. Over the last 20 years, 9.3% of all ho...

House Prices to Fall Further Following Next Interest Rate Rise

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An increase in the cash rate will spark house price falls, according to Cameron Kusher, senior research analyst at RP Data. Rents and yiel...

Oracle Broadbeach

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A new marketing campaign has been launched by the receivers of The Oracle development at Broadbeach. Take a closer look .

Riparian Update

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A three bedroom apartment in Riparian ( 4801/71 Eagle Street ) on level 48 recently sold for $2 million. This is a 314 sqm apartment. It w...

Harry is Happy about Soleil

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"FOR "high-rise" Harry Triguboff, it doesn't get much better than this. Despite the downturn in residential property, esp...
Friday, July 29, 2011

RP Data Rismark June 2011 Index

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The modest overall decline in national dwelling values conceals considerable variation across the capital cities. For example, whereas Brisb...

RP Data Report

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Values Fell by -0.2% during the month of June 2011, the rate of decline is easing – after values fell by -0.5% in March, they fell by -0....

Housing Affordability in Brisbane

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House prices in capital cities are forecast to stay severely unaffordable for at least a decade. A study by the University of Canberra and ...

What is the property market doing?

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There were a number of stories in Thursday's Australian Financial Review (28 July 2011) about residential property. Reading the article...
Saturday, July 23, 2011

Will Hamilton Harbour Buyers Settle?

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" Hamilton Harbour’s settlement rate should be on the development industry’s “must watch list”. Hamilton Harbour is a litmus test for t...

Ugly West End Tower

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Developers Aria are planning an ugly high rise tower in West End. It will be 30 storeys, with 275 apartments. Local residents are not hap...

Allure West End

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Another out of the way development in the industrial area of West End -- Allure . Before buying, check out the near by Ferry Road apartment...

Mirvac's Foreshore Hamilton

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Mirvac has Foreshore Hamilton in pre-release at present. Mirvac sales agents are calling all potential buyers to make sales. Lower floor ...

Why I Like Property

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A recent article from Washington Brown Group is titled " Why I like property ". It makes good points, provided that you are looki...

Market Commentary from a leading Brisbane agent

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"... Countering that has been the deteriorating level of urgency in buyers as plunging confidence in Australia's economic future bi...
Monday, July 18, 2011

Residex Statistics

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Residex has released its report for June 2011 prices. See report here . For Brisbane apartments: Capital Growth over past 10 years - 9.66%...
Sunday, July 17, 2011

Viridian Noosa - Receiver's Sales

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Viridian Noosa , an Outrigger managed short stay development, went into receivership. The receivers are now trying to off-load the substant...
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Dumb Advertisement

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An advertisement in this Saturday's Courier Mail by Ray White CBD for an apartment at 6 Parklands (Apt 6008): "CBD Parkland Living...

Ciel Penthouse Loss

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Tom Dooley develops expensive apartment complexes. One was Ciel , in New Farm. Completed in 2007, the penthouse sold off the plan for $4....

Charlotte Towers View and Sale

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Recently, apartment 1009 in Devine's Charlotte Towers sold for $366,000. This is a larger one bedroom apartment with a car park. It i...

Apartments that are not zoned for residential living

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There are a small number of apartment buildings in Brisbane (and on the Sunshine Coast) that are zoned for short term rentals only and where...
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Bowen Hills Developments

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See article in BusinessDay . Towers of up to 30 storeys high will soon start being built in Bowen Hills as developers snap up land in Brisba...
Saturday, July 16, 2011

Brisbane Airport Flight Paths

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Most suburbs within a 10 km radius of the Brisbane airport will be impacted to some extent when the new parallel runway starts operating in ...

Interest Rates To Plunge?

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The big story today is Westpac's announcement that they predict that Australian interest rates will drop rather than rise over the next ...
Tuesday, July 5, 2011

How to Make a Loss on Residential Property

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See Yardney's list of ways to lose money on property . I agree with his list. Avoid off-the-plan apartment purchases! Rarely will you ...

Once Again, Floor Plans are Making Sales - in NYC

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See NY Times article "I n recent months, though, several new developments around the city have once again sold apartments off floor pla...

Timing the Market

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" With this in mind it’s important to note how dangerous it is to paint the whole real estate market with sweeping statements of downtu...

RP Data May 2011 Index

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RP Data – Rismark Home Value Index Release Capital city dwelling values declined by 0.3 per cent (seasonally adjusted - s.a.) in May, and ar...

State of the Market

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Herron Todd White, a firm of independent property valuers, publishes a monthly report, called Month in Review. The most recent report incl...

Many Real Estate Agents do a bad job

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Have a look at this article . It provides further evidence that many real estate agents provide poor service, do a bad job and are lazy. T...

Bumpy Ride in Residential Sector

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"PROPERTY developers with an exposure to the residential sector are in for a bumpy ride in coming months, with Morgan Stanley analysts ...
Thursday, June 30, 2011

Buyer Behaviour

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From a Johnson Dixon newsletter: " Enquiry for most forms of property has slowly been gathering pace for some months now which is pleas...
Tuesday, June 28, 2011

Growth or Bust?

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" Potential home buyers hoping for Brisbane's property market bubble to burst may have to wait another three years, says a leading ...

Tennyson Reach Write Down

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" LEADING property developer Mirvac Group has written down the value of a flood-damaged development, Tennyson Reach in Brisbane, by $80...

Midtown on Charlotte Street

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"Chinese-owned development and construction firm Yanjian Australia has started work on a $72 million, 142-apartment building in Charlot...
Wednesday, June 15, 2011

Apartment Starts and Sales Drop

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THE latest data from the Australian Bureau of Statistics shows a worrying trend for apartment developers with commencement of new product do...
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Trends

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House Prices in 4000 Homes for sale in 4000
Tuesday, June 14, 2011

Stamp Duty

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The decision by the State Government to remove the stamp duty home concession will flatten the struggling Queensland residential property ma...
Monday, June 13, 2011

Waterfront Pier

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I visited Mirvac's Waterfront project at Newstead recently, to see the completed Pier buildings. I was disappointed. The project has ...
Friday, June 10, 2011

Montague West End Gone?

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What has happened to Montague at West End? After a blitz of advertising, it has now seemingly disappeared. The project website has been d...

Soul and Mirvac and Oracle and Hilton

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LISTED property trust Mirvac Group will operate a luxury hotel at Juniper Group's Soul apartment complex on the Gold Coast. It is under...
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