Brisbane Apartment

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

Thursday, November 29, 2012

Flood Check

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Before buying, it is worth checking the Floodcheck database and map.  See Floodcheck .
Wednesday, November 28, 2012

Mirvac Cancels Foreshore Hamilton

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Things can't be that good in the property market in Brisbane. "Mirvac has confirmed its refunding off the plan deposits for Brisb...

Noise

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The following is a note from a reader: Think you’ve found a nice quiet unit or apartment near the CBD, buyer beware!. I’ve found agents li...
Tuesday, November 27, 2012

Regrets and Traps

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What main regret did homebuyers have? Although the percentage of first homebuyers* who had regrets about their property purchase is ...
Saturday, November 24, 2012

Matusik's views on apartment bedrooms

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You see, we undertake between 40 and 50 Project Definitions every year – this is a service which helps make a new residential project work...
Friday, November 23, 2012

Agents Touching Up For Sale Photos

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An article in a Fairfax publication about agents editing and manipulating photographs in real estate listings.  See Article .  So take care ...
Sunday, November 18, 2012

Risks of Buying Off The Plan: NY Advice

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The Take-It-on-Faith Condo  Rising demand and a scarcity of new apartments are creating something of a rush on new luxury condominiums, wi...
Saturday, November 17, 2012

Recent Apartment Sales in Brisbane CBD

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Riparian Tower - Apt 4101 - 9 November for $3.3M after owner purchased it in June 2012 for the same price. [A reader has emailed me to say ...
1 comment:

Metro's Central Village

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Metro Property Development has announced a new project with over 1,000 new apartments.  It is called Central Village and is located at 66 B...
Tuesday, November 13, 2012

Resiprofile - matching buyers and sellers

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Here is an interesting website, that aims to cut out the middleman (e.g. real estate agents):  See Resiprofile .  I have many examples of re...

Brisbane Transaction Volumes Increase!

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As shown in the above chart from RP Data, Brisbane transaction volumes for houses and apartments jumped recently. But the Brisba...
Sunday, November 11, 2012

High Hope for Bowen Hills

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There is talk that Bowen Hills will be the next boom area in Brisbane.  I am not sure that I agree.  There is little infrastructure at prese...

Aircraft Noise

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Aircraft noise in some Brisbane suburbs is a serious concern.  With the new runway being proposed for Brisbane airport, there will be more n...
Sunday, November 4, 2012

Juniper's Fire Sale of Retail Assets

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The collapse of the Soul development at Surfers Paradise must be really hurting the Juniper empire.  Juniper has listed what appears to be a...

To buy or not to buy a Queensland Unit?

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See here for a transcript of a conversation with property analysts, as to whether it is too risky to buy an apartment in Qld due to the cha...
Saturday, November 3, 2012

Brisbane Apartment Median Sale Price Down Slightly

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The RP Data-Rismark Home Value index results for October recorded the first month-on-month decline since May 2012, with the eight capital ci...

Property or Shares?

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According to RP Data , on a capital appreciation measure over the past decade, the past half-decade, and over the past three years, resident...
Sunday, October 28, 2012

Portside at Hamilton

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The Portside Promenade apartment building is now complete.  The developer is advertising that 80% is sold, with the remaining 20% up for sal...
Thursday, October 25, 2012

Trouble In Paradise - Soul

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The Soul apartment development in Surfers Paradise went into receivership today, most likely due to a large number of unsold apartments, pre...
Monday, October 22, 2012

M&A Update

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The M&A (McLachlan & Ann) mixed use development is under construction on Ann Street in the Valley.  The commercial tower has topped...
Friday, October 19, 2012

Low Vacancy Rate in Brisbane

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Residential rental vacancy rates have remained tight across Queensland, according to the latest REIQ data.   Findings from the Institute’s S...

Barefoot's Advice

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From the BareFoot Investor email: "You say that it's not good to be in too much debt. That makes a lot of sense to me, because I ...

Lang Walker's View - No risk of housing bubble

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From the AFR on 17 October, page 43:  A story about property developer and investor, Lang Walker. "I saw that one of the guys from th...

Woolloongabba Doubt

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Plans to sell and redevelop 10 hectares of prime Brisbane government-owned real estate have stalled in anticipation of a firm announcement a...
Thursday, October 18, 2012

Prices to Recover in Brisbane?

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According to BIS Shrapnel , Brisbane will have housing price growth of 3.9% in FY 2013, 7.8% in FY 2014, and 6.2% in FY 2015. This is a ve...
Sunday, October 14, 2012

Brisbane or Spain?

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"Mar de Canet’s 308 units were sold in less than 30 days last spring, mostly gobbled up by eager Spaniards finally getting a deal they ...
Saturday, October 13, 2012

Infinity Retreats to Serviced Apartments

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Meriton Apartments builds more than 1,000 units a year – recently it has shifted its attention to serviced apartments, holding back nearly h...

Smaller May Have Big Future

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The headline in a story today in the Courier Mail property advertorial section:  "Smaller may have big future".  Some points made ...
Friday, October 12, 2012

Recent Brisbane Apartment Sales

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Recent sales: Riparian, 71 Eagle Street, 3 bedrooms on level 44, sold for $2.3 million Charlotte Towers, 128 Charlotte St, Apt 1903, 2 be...
1 comment:
Tuesday, October 9, 2012

Gold Coast Down

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HOUSE and apartment sales levels on the Gold Coast have dropped to the lowest level in more than two decades. The city's residential pro...
Sunday, October 7, 2012

The Capitol Apartments

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Forrester Properties is marketing The Capitol Apartments at South Brisbane.  Construction is under way, and according to documents provided...

Ugly Brisbane

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Chris Joye had APM (a division of Fairfax) conduct an analysis to determine in which markets most buyers have lost or made money.  APM looke...

Soul's Last Legs?

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Juniper agents are doing the ring around, with the "price has dropped" call for Soul at Surfers Paradise. Sounds like signs of des...
Saturday, October 6, 2012

Protest over Lot Entitlements Change

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GOLD Coast association Voice of Unit Battlers is marshalling its troops to ensure the Newman Government hears the concerns of unit-owners ab...
Friday, October 5, 2012

RP Data update

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If you are buying or selling in Brisbane, is your real estate agent telling you how bad the market actually is?  And it may...

Harry Dent says Brisbane is Biggest Bubble

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"The greatest bubble in developed-country cities starts with Brisbane, Australia at 210% followed by 180% in  Miami , 170% in L.A. and ...

Apartments v. Houses

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"The apartment market is not just more affordable to enter than the detached housing market but apartments are growing in prevalence in...
Wednesday, October 3, 2012

Brisbane Apartment Prices Still Going Backwards

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Australian capital city home values continue to rise with a 1.4% jump in September. The September RP Data Rismark Home Value Index result...
Sunday, September 30, 2012

Meriton Infinity - Under Construction

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Some recent photos of Meriton's Infinity apartment building in Brisbane, currently under construction.  When complete, this will be Bri...
Friday, September 28, 2012

Many Property Clocks

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"There are some signs of a recovery in the Brisbane property market, but it still remains firmly in a downswing , with investors seekin...

Decline in Proportion of Apartment Sales

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"Although units offer a significantly lower price point at which to enter the housing market, the vast majority of sales across the cou...
Monday, September 24, 2012

Self managing landlords

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One issue for landlords who self manage is obtaining access to RealEstate.com.au.  REA only allows agents to list properties for rent.  Doma...
Sunday, September 23, 2012

Ten Percent Under Water in Queensland

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"Ten percent of Queensland homes are currently worth less than or equal to their purchase price while 36 percent are worth more than do...
Saturday, September 22, 2012

Kings Row, Milton Development

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Investa has gained approval for a property development on busy Coronation Drive in Milton, backing on to McDougal Street.  The three office ...

Hilton Surfers Paradise Price Slice

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Hilton Surfers Paradise Apartments advised "up to 34% off": Level 29, 2 bedroom, 119 sqm, was $1,185,000, now $840,000 Level 38...
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