Brisbane Apartment

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

Monday, July 30, 2012

Value Accumulation by major Queensland regions

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Across Queensland, 9.6 percent of homes are worth less than or equal to their initial purchase price while 36.6 percent of homes are worth m...
Sunday, July 29, 2012

Profits and Losses on Actual Sales Data

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From a report from RP Data, that shows a number of people made losses when sell property -- it is not true to say "as safe as houses...
Thursday, July 26, 2012

Pets - from a reader

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We’re big fans of your blog over at Insurancequotes.org and wanted to share with you one of our new favorite posts, about pet and home renti...
Wednesday, July 25, 2012

Comparing Different Apartments

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This note came from a real estate agent's newsletter (HS Brisbane Property): This is, funnily, exactly what's happening in the Bri...

Reader's Comment - Is there a boom?

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A reader's view : There seems to be a dramatic marketing shift going on in Brisbane at present in regard to marketing of apartments and...
1 comment:
Tuesday, July 24, 2012

RBA's view

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The RBA governor said future economic shocks that would hurt Australia could happen in a number of ways, such as a severe economic slowdown ...

Oversupply of dwellings in Australia

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"The 2011 Census revealed Australia had  7.8 million households , 900,000 lower than the NHSC’s figure, with population also growing by...
Sunday, July 22, 2012

REIQ: "Rental demand remains strong"

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Extracts from an REIQ Press Release from Friday 20 July 2012: The Queensland rental market remained constricted at the midway point of 2012...

Hilton Gold Coast - Huge Number of Crashed Contracts

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A number of years ago, I "awarded" the Hilton Residents on the Gold Coast as one of the worst apartment investments in SE Queensla...

Shrinking Apartment Sizes

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In Brisbane, apartment sizes are shrinking.  Newer apartments are smaller than older apartments.  Many two bedroom apartments are now less t...
Saturday, July 21, 2012

Alex Perry Apartments - Sales Slow?

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The developers of the delayed 11-storey Alex Perry Residential apartment block in Brisbane’s Fortitude Valley have removed all three-bedroom...

Suburbs With Most Rental Properties

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Brisbane Suburbs With Highest Proportion of Rental Properties: Bowen Hills The Valley Spring Hill South Brisbane Milton Kelvin Grove ...
Friday, July 20, 2012

Q1 Trademark

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A recent interesting Federal Court decision in favour of Mantra, that decides that the onsite manager can own a trademark for its letting bu...
Wednesday, July 18, 2012

Residex Property Statistics June 2012

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Residex has published its June 2012 statistics chart here .  According to Residex, Brisbane apartment median valued decreased by 2.92% in th...
Tuesday, July 17, 2012

South Bank Census Data

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One area of Brisbane where there are many apartments is the South Bank area of South Brisbane.  However, there is little data available abou...
Monday, July 16, 2012

Brisbane City Census Data

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For the past few weeks, I have been looking at the 2011 census data.  It is very useful for property investors.  In my view, the best place ...
Sunday, July 15, 2012

Population Growth

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Population growth often leads to property price growth.  Statistics from the 2011 census were released recently, and show the population gro...
Saturday, July 14, 2012

Brisbane Apartment property cycle improving: HTW

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From HTW's month in review (July): Brisbane Units as at June 2012 : Stage of property cycle:  Start of recovery Rental vacancy tren...
Friday, July 13, 2012

The most significant barrier to a housing market recovery

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"The most significant barrier to a housing market recovery: 301,414 homes for sale. The number of homes available for sale across Aus...
Thursday, July 12, 2012

RP Data Graph Pack for June 2012 (extract)

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Wednesday, July 11, 2012

Distressed America - A reader’s opinion

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This interesting note was sent to me by a reader who recently visited the USA: I visited America for another road trip during May and ...
1 comment:
Friday, June 29, 2012

Which Way Is The Market Going?

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In trying to work out which way the market is heading, I decided to call a number of Brisbane real estate agents who sell apartments.  Last ...
Wednesday, June 27, 2012

More Affordable and Smaller Apartments

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The Courier Mails reports that developers are building apartment buildings with smaller apartments, because that is what is selling today.  ...
1 comment:
Friday, June 22, 2012

Falling prices

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I have been looking at the listing and sale prices for two bedroom apartments in Brisbane. During the peak of the market, which was about 20...

Byron Bay to New York City

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A nice story in the New York Times on Sunday about the founder of PlatinumHD.tv , which is used by some real estate agents to promote proper...
Monday, June 18, 2012

Matusik Says Brisbane on the upswing

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There is an interesting story in Property Observer by Matusik.  In it, he says: " Market watchers will have their own theories on mi...
Sunday, June 17, 2012

Luxury Apartments

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New York apartment on Central Park South sold for $70 million. Soul Penthouse at Surfers Paradise, in final stages of completion, hoping...
Saturday, June 16, 2012

Prediction: Market to Keep Falling in Brisbane

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My prediction for the next four months -- the Brisbane property market will continue to decline.  My reasons - (a) There is much uncertainty...
1 comment:
Friday, June 15, 2012

Oracle Buyers Loose Appeal

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A number of off-the-plan purchasers for The Oracle development at Broadbeach refused to settle.  One reason they gave for their refusal was ...

Newman Targets Property Owners for Tax Increases

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Any further financial imposts on property investors is likely to see them pull up stumps and sell their rental properties, according to th...
1 comment:
Monday, June 11, 2012

Park At Waterfront

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This weekend, I visited Park at Waterfront , a newly completed Mirvac apartment tower at the Newstead River Park.  The area was dark and des...
Sunday, June 10, 2012

Recent Apartment Sales in Brisbane

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Metro 21 (21 Mary Street) Apt 1701, 2 bedrooms, 3 bathrooms, sold furnished  $492,500  (rents for $700 per week) Apt 1003, 1 bedroom, $3...

Rent Sales in Charlotte Towers

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Apt 1907, 2 bedrooms, sold on 11 April 2012 for $456,000 Apt 1104, 1 bedroom, no car, sold on 27 March 2012 for $326,000 Apt 2808, 2 bedr...
Saturday, June 9, 2012

Is Median House Price Data Useful?

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There are many newspaper reports that discuss rising or falling house & apartment prices by reference to the median sales price for a pa...

Demand strengthens in unit market: REIQ

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Press Release from REIQ today :  Queensland’s unit and townhouse market experienced strengthening demand over the March quarter, according t...
Thursday, June 7, 2012

CBRE - Brisbane improving

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The Brisbane housing market is starting to experience the benefits of the resources boom but the Gold Coast remains one of the “worse perf...

Buyers Now Saying Yes?

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"The head of real estate strategy at Macquarie Capital, Rod Cornish, uses an affordability measure that brings together the mortgage ...

No Smoking in Some Apartment Buildings

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Archers director Andrew Staehr said building owners across Queensland had passed by-laws to stop people smoking in apartment buildings, with...
Tuesday, June 5, 2012

Interest Rates Down in Australia

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The Australian Reserve Bank decreased its interest rate today by 0.25%.  BOQ immediately dropped its home lending rate by 0.2%.  Will this a...

RP Data Reports

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Click on reports to make bigger.
Monday, June 4, 2012

Brisbane Doing Better Than Melbourne

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"As at the end of May, Melbourne dwelling prices are off about 5% this year. But most of this decline has materialised since the middle...
Sunday, June 3, 2012

RP Data Report

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From a recent RP Data Report: Brisbane values and volumes Over the past 12 months, property values in Brisbane have fallen by -6.6 ...
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