Brisbane Apartment

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

Sunday, November 27, 2011

View Tax

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Apartment owners in Queensland are often taxed by local councils at higher rates than those of land owners or house owners.  People are star...
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"Auctions A Bad Way to Sell"

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Interesting report on Sunrise , that touches on real estate agents not reporting bad auction results.  See here .  Also discusses current un...
1 comment:
Friday, November 25, 2011

Decreasing Market

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According to Residex, the median sales price of Brisbane apartments dropped 3.48% in the year ending October 2011 and dropped 1.74% in the l...
Thursday, November 24, 2011

Foreclose and Bulldoze

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See: The New Way To Foreclose
Wednesday, November 23, 2011

Hamilton One (also called Harbour One)

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Here is a comment sent to me by a reader: Recently, I arranged an inspection of apartments for sale in Hamilton One.  I am in the market s...
1 comment:
Saturday, November 19, 2011

RP Data's Summary

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Here are some interesting slides from an RP Data presentation.  Double click in the slides to make them larger. Brisbane at the bottom?  V...

Buying Off The Plan from Juniper

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A number of people have asked me whether now is a good time to buy an apartment on the Gold Coast, particularly at Juniper's Soul build...

Northshore Hamilton

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The $5 billion Northshore Hamilton urban redevelopment is underway, with thousands of apartments expected to be built in the next 10 years...

Apartment Fire

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Sad news.  There was a fatal fire in an apartment at Inn on the Park at Toowong this week. A lady died in her apartment.   Story and photos ...
Friday, November 18, 2011

Soleil's Pricing Not Holding Up?

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Meriton's Soleil is partly completed, with settlements reportedly having occurred on the lower floors.  The top part of the building is ...

Two Queensland Buildings

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From a recent article by Matusik: A Tale of Two Queensland Buildings "Firstly, an investment dwelling’s worth should be determine...
Thursday, November 17, 2011

Rivé Apartments

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Rivé Apartments near the Breakfast Creek Hotel are nearing completion. One bedroom (77 sqm total) from $409,000.  Two bedrooms (106 sqm a...
Saturday, November 12, 2011

Improving Market?

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It is useful to look at recent sales of apartments, and compare the price at which the apartment sold with the price that the vendor origina...

Devine's Hamilton Harbour

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Hamilton Harbour is a three building apartment complex (plus one additional building of commercial space) currently being developed by Devi...

Two Books

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Before buying or investing in an apartment in Queensland, you should consider these books: Buying An Apartment Off The Plan in Queensland ...
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111-222 Billbergia Apartment Tower Approved

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The Brisbane City Council has approved the massive 111-222 apartment and hotel tower for Brisbane.  (See prior post here .) There will be ...

New William Street Building

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Echo Entertainment, who operate the Treasury Casino and nearby Treasury Hotel, are planning a new 5 star hotel at 159 William Street.  The p...

Buyer Confidence Improves

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The AFR had a story on Thursday about Brisbane apartments, " Buyer Confidence Improves " (p. 55).  Highlights from the article ( c...

Luxury Apartment?

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Old time property developers, David Devine and Ken Woodley, now of Metro Property Developments, specialised in low end high rise apartments....
Friday, November 11, 2011

River Place Auction Sale

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From a Ray White email: "Brisbane's CBD Prestige Market Is Running Hot!! This morning over 100 people attended the auction fo...

Brisbane Rental Vacancy Rate Tightens

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Rental vacancy rates across many areas of Queensland have tightened over recent months, according to the latest Real Estate Institute of Que...
Tuesday, November 8, 2011

Good or Bad Times?

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Here are two conflicting articles, published on the same day in Property Observer. 1.   Next year could be the best year in a decade to bu...
Monday, November 7, 2011

Disclosure of proposed or planned works

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Here is a note from a reader, and it is a good reminder to do as many searches as possible and ask questions of as many people as possible b...
Wednesday, November 2, 2011

Gold Coast and Soul

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Herron Todd White says that the Gold Coast apartment market is still in decline. It will be interesting to see how many of the Soul apart...

Luxury Brisbane Units

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"As units go, there are a few very nice projects mostly on the river, with views and close to the city that have experienced good money...

No Views at Bella Vue - Contract Terminated

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A recent Queensland Supreme Court decision worth noting:   Nifsan Developments v. Buskey.   Mr Buskey purchased a penthouse apartment off-th...
Monday, October 31, 2011

Price Guestimates

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OnTheHouse is launching a "Guesstimates" service, to provide an educated guess of property values.  See OnTheHouse .  It will be i...

RP Data - market correction slows in September 2011

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Consistent with RP Data and Rismark's forecasts, Australia's housing correction appears to be slowing. In September, capital city ho...
Sunday, October 30, 2011

Brisbane Sales Volumes

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Here are the number of properties sold in the 4000 post code area each year.  This volume includes apartments and houses in the downtown Bri...

Charlotte Towers - Recent Sales Results

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There have been 5 reported sales of apartments in Charlotte Towers in the July 2011 to October 2011 period.  Charlotte Towers was develo...
Friday, October 28, 2011

Ray White Auction

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From Ray White:  "The Urban Living Group auctions were held last Saturday at The Emporium Hotel where 52 properties went up for sale u...
Monday, October 24, 2011

New Pradella Development in South Brisbane

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Pradella is planning a new off the plan apartment building in South Brisbane.  It is somewhat near the Art Gallery, and according to Pradell...
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Sunday, October 23, 2011

Property Bubble in Australia is a Myth?

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"It is true that real estate agents have a vested interest in not wanting to see the market portrayed as total doom and gloom. Such pre...

Bidding at Auction Via Skype

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"In early October, a potential bidder for a two-bedroom unit at Cathedral Place in Brisbane's Fortitude Valley requested to use S...
Friday, October 21, 2011

Call to build "pure hotels"

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The AFR on Wednesday had a story quoting Simon Cooper from Marriott Hotels, saying that the Gold Coast needed more pure hotels and less st...

Lend Lease Puts On Its Big Show

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The headline of a story in the AFR on Thursday:  "Lend Lease Puts On Its Big Show", a story about the Brisbane RNA Showgrounds dev...

Misleading Conduct By Real Estate Agent

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What a surprise.  A real estate agent in Melbourne has been found to have been engaged in illegal misleading practices involving negotiation...

Mary Street Development

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Demolition work has started on the 103 Mary St apartment hotel development.  It is located next door to the  111 Mary St "hole" t...
Monday, October 17, 2011

Apartments Better Than Houses

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A recent report from the  Grattan Institute  indicates a growing preference toward apartment-style accommodation in Australia. The stu...
Tuesday, October 11, 2011

Price Growth Predicted for Brisbane

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"There is solid price growth of 16% tipped for Brisbane" for housing by 2014, according to QBE .

Brisbane Sellers Overpricing For Sale Listings

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"Brisbane listings require the highest level of reduction, with a typical 9.6% discount needed against the original asking price, accor...
Friday, October 7, 2011

Buying Off The Plan

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If you are buying an apartment off the plan in Queensland, whether in Brisbane or on the coast, you want to make sure that you buy the right...
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FKP Releases The Hudson at Albion Mill

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Yesterday, FKP released the first stage of the  Albion Mill  development for sale, off the plan.  Apartments are for sale in the building ca...
Sunday, October 2, 2011

Metro Property

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Metro Property , owned by Pearls from India, David Devine and Ken Woodley (who lives in a Mirvac apartment), will soon launch The Plaza at ...
Saturday, October 1, 2011

Invest in Brisbane

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Shares or property? The Standard & Poor’s 500-stock index was off more than 14 percent for the quarter — and more than 10 percent for ...
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