Brisbane Apartment

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

Sunday, July 28, 2013

Off-the-plan apartments overpriced

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A story in the Courier Mail yesterday:  " Bank revaluations hit apartment buyers ".  Some extracts: Buyers of off-the-plan apart...
Saturday, July 27, 2013

Chinese Buyers & Infinity

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The AFR had a story on 24 July:  "Brisbane keen for more Chinese buyers".  Some extracts: Harry Triguboff from Meriton apartment...
Friday, July 26, 2013

Fat Australia

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It is even making new in New York that Australians are getting fatter .  In New York, many people live in apartments, and do a lot of walkin...
Thursday, July 25, 2013

Outlook for Property on a Weaker Dollar

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The AFR had a story on Wednesday titled "Outlook for property on a weaker dollar." An abstract from ABIX is as follows: "...
Tuesday, July 23, 2013

Population Growth

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Population growth and employment drives house price growth.  Population decreases and unemployment causes property prices to fall.  The foll...
Monday, July 22, 2013

SouthPoint

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After delays and false starts, it now appears that SouthPoint at SouthBank is ready for a sales launch.  See this site and  this site , for...
Sunday, July 21, 2013

Festival Towers lawsuit

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Many owners of apartments in Festival Towers in Brisbane, and the body corporate, are suing Devine Limited and Brookfield Multiplex Construc...

Recent Apartment Sales in Downtown Brisbane

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Evolution   Apt 171, 1 bed, 1 bath, no car - $310,000 Grosvenor   Apt 107 - $1.3M Skyline   Apt 61, 3 bed, 2 bath, 1 car - $715,000   ...
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Saturday, July 20, 2013

Brisbane Property Prices Flat in FY12/13

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Over the 2012/13 financial year, Brisbane had a 0.6% increase in property values, according to RP Data.  This is less than inflation.   A...

LA property prices in dramatic increase

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I was recently looking a property in the LA area of California.  When a house I was looking at was listed for sale, about 20 written offers ...
Friday, July 19, 2013

Brisbane Underperforms

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Brisbane has been the worst performing city in Australia when it comes to capital gains for housing, looking over the last 5 years.  In fact...
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Sunday, July 14, 2013

South side apartment developments

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I received an email from an agent selling apartments off-the-plan, listing four current projects.  Here are the details that were sent to m...
Saturday, July 13, 2013

Auctions Not Popular in Brisbane

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In Melbourne, many properties are sold by auction.  In Brisbane, less properties go to auction, and auctions are less successful.  I find it...
Wednesday, July 10, 2013

A soaring apartment market in Toronto ignites fears of a crash

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An interesting recent article in the NY Times about apartments in Toronto: A Dizzying Condo Market in Toronto .  How similar is this to Bris...
Thursday, July 4, 2013

Will Brisbane Apartment prices go up or down?

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Brisbane apartment prices did worse that Brisbane house prices over the past financial year.  There was a fall of 1.8% in Brisbane ap...
Friday, June 14, 2013

Postcode 4000

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Source:  RP Data: Brisbane City and Spring Hill Postcode 4000

Leaving Brisbane

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Many young adults live in apartments in Brisbane.  But many want to leave.  Brisbane is expensive, and is not yet a first tier city.  I like...

Risks of Investing in Mining Towns

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An article from the AFR on Thursday, 13 June 2013 is a good reminder why investing in boom towns is more like gambling than investing: Boo...
Thursday, June 13, 2013

Capital City Home Values

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Capital city home values are up or down, depending on which RP Data chart you look at.
Wednesday, June 12, 2013

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I bet no real estate agent in Brisbane will be distributing this RP Data chart.  Brisbane is more than 10% below the most recent peak, an...
Monday, June 10, 2013

Only Two Dollars!

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This apartment looks like a bargain!  Only $2 for 5 bedrooms.
Sunday, June 9, 2013

Fire at Cathedral Place

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There was a fire this afternoon in an apartment on the top floor of Cathedral Place.  This building is located on the edge of Brisbane City,...

Skyview Apartments at Kelvin Grove

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Pradella is marketing SkyView apartments at Kelvin Grove.  These are part of the Urban Edge development.  The other two buildings on this s...

Urban Edge Apartments at Kelvin Grove

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Pradella has completed two of the three buildings in its Urban Edge complex at Kelvin Grove.  The "Horizons" building recently co...

Top End Apartments

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Some high end apartments for sale in Brisbane: The Refinery at New Farm, 4 bedrooms for $3.65M Pinnacle at Roma Street Parklands, 3 bedro...

TDD Peninsula at Kangaroo Point

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Peninsula at Kangaroo Point is currently being marketed by TDD.  One bedroom plus study from $370,000; two bedrooms from $425,000 to $620,0...

Matusik touts 38 High Street development

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An interesting video regarding the 38 High Street apartment development in Toowong, next door to the RE pub.   Look here .  One bedroom ap...

FKP's Albion Project

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FKP is promoting its The Hudson at Albion Hill project.  See www.themillalbion.com.au . Quote from Courier Mail advertorial, 8 June 2013 f...

BOQ warns about one bedroom apartments

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"Bank of Queensland is worried about a surge in people borrowing money to invest in small apartments, citing Brisbane and Melbourne as ...
Saturday, June 8, 2013

Ryder says Brisbane apartment market is heating up

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A commentator named Terry Ryder says that the Brisbane apartment market heats up.  See story on Property Observer website.  However, take c...

Brisbane Property Prices

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RP Data reports that Brisbane property prices are increasing, but looking back five years, the annual change in capital values is still nega...
Friday, June 7, 2013

Property Sales in Brisbane

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RP Data reports that the number of sales of houses and apartments in Brisbane is more than 15% below the rolling five year average.  The ...

HTW Valuer's Month in Review Report

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HTW Property Valuers say in their recent monthly report that, for apartments, the Brisbane market is improving, the Gold Coast market is de...

REIQ reports that apartment demand is increasing

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Sales of units and townhouses across Queensland have strengthened further over the last year, according to the lat...
Monday, June 3, 2013

A Declining Market

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For the month of May, dwelling values declined by -1.2 per cent across the RP Data-Rismark combined capital city index. The May fall was the...
Saturday, June 1, 2013

Pet Disputes

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It is becoming common for owners to seek permission to have a pet, for the body corporate committee to refuse, and for the body corporate co...

Car Spaces

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According to Matusik in the Courier Mail today:  "The premium for a car space within a new inner Brisbane development ranges in prince ...
Friday, May 31, 2013

Brisbane Rental Report

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Brisbane Letting Agent RBCX has issued the following rental report for Brisbane City and inner Brisbane: "The CBD market seems to be...

Buyer's Market says RP Data

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" The survey was conducted across 1,030 respondents who were located across the capital city and ‘rest of state’ regions around the cou...
Wednesday, May 29, 2013

U.S. Home Prices Rise

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The U.S. is in a more positive mood.  See NY Times : " Americans are in a buying mood, thanks largely to the housing recovery.   The ...
Sunday, May 26, 2013

Vida West End

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PointCorp is developing an apartment complex at 101 Riverside Drive , West End.  This is next door to Pradella's Left Bank development,...
Friday, May 24, 2013

Darkness on Alice Street

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Sunland has obtained development approval for its apartment tower at 140 Alice Street, on the corner of Albert Street.  Recently, barricades...
Saturday, May 18, 2013

Investors Returning to the Market?

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" With lower interest rates and home value growth remaining moderate we would expect that the basis point spread between official inter...
Thursday, May 16, 2013

Off-the-plan apartments and international buyers

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Many apartments that are sold off-the-plan in Brisbane are marketed to buyers outside of Australia.  Examples include Meriton and Metro Prop...
Sunday, May 12, 2013

Bad real estate agents

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I heard another story about real estate agents ripping off a client.  It is worth considering this story, especially if you are thinking of ...
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