Brisbane Apartment

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

Saturday, September 28, 2013

Australand’s Watermarque

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From an email from a PR consultant for a developer: I thought you might be interested in this sales update for Australand’s Watermarque p...
Friday, September 27, 2013

Abian Apartments on Alice Street

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Sunland has cleared their site on the corner of Alice Street and Albert Street.  The old apartment building there has been demolished.  Sunl...
Thursday, September 26, 2013

Off the Plan Valuations Not Holding Up

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An article about Sydney off-the-plan apartments valuations coming in at settlement at 85% of the contract price. See Property Observer
Wednesday, September 25, 2013

Oracle Gold Coast Losses

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Virtually every purchaser off-the-plan at The Oracle development (now branded Peppers) on the Gold Coast has lost money when reselling.   Se...
Saturday, September 21, 2013

Apartments as smart choice

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RP Data has published a report comparing apartment prices to house prices in certain suburbs.  In my view, it is not particularly helpful. ...

Prices Up, Rents Down?

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Some real estate agents are telling me that sale prices for Brisbane apartments are increasing, with apartments selling faster, particularly...
Tuesday, September 17, 2013

Casino Towers Large Apartment

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Apartment 3501 in Casino Towers is for sale.  It looks like two apartments were combined, as this apartment has two kitchens.  This apartme...
Monday, September 16, 2013

RP Data Weekly Report

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RP Data has a weekly property report, that can be interesting reading.  Note that some of the information for Brisbane includes the Gold Coa...
Saturday, September 14, 2013

Impact of election

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At least one person is saying that the change of government will trigger a housing boom .  I am not sure if I agree that Queensland will fee...

I just don't understand

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It seems to me that newer apartments are overpriced.  One example. You can buy a year old apartment in Meriton's Soleil as follows: 9...

Kelvin Grove Apartments

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Another new apartment development in the Kelvin Grove Urban Village area.  It is Victoria Park Residences .  Currently in pre-sales.
Friday, September 13, 2013

Great Books about Brisbane Apartments

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Try these great Kindle books (also available on iTunes store): Investing in Brisbane Apartments - A Guide for Successful Investing (2nd Ed...
Saturday, September 7, 2013

RP Data sales report

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Over the 2012/13 financial year, RP Data estimates that there were 328,903 houses and 122,282 units sold across the country. Based on these ...
Friday, September 6, 2013

REIQ Unit Report - June quarter 2013

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The lobby group for Queensland Real Estate agents, the REIQ, issued the following press report and data today: The sales of units and town...
Thursday, September 5, 2013

Hilton Gold Coast Capital Losses

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"According to RP Data, since January last year 66 apartments have sold in the Boulevard Tower, with resales making up a small proportio...

Zero Rental Growth in Brisbane

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According to RP Data, Brisbane rents have remained flat for the past 12 months, and have fallen slightly in the past quarter.
Tuesday, September 3, 2013

Brisbane doing poorly

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Despite what the newspapers may report, and what real estate agents may tell you, overall the Brisbane property market is doing poorly.  Ha...

Brisbane improves in August?

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Brisbane median sales prices increased in August, but are still down looking back one year. From RP Data : According to Mr Lawless, the ...
Sunday, September 1, 2013

Finally, an Apple Store for downtown Brisbane?

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There have been a number of reports that Apple will open an Apple store in MacArthur Chambers (corner of Queen St and Edward St) in Brisban...
Saturday, August 31, 2013

Targeting the Chinese

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You know when a developer is targeting foreign buyers when they produce a brochure in Chinese.  Here is a very nice brochure for Botanica , ...
Friday, August 30, 2013

Infinity Part Opened

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The tall Infinity building has partly opened, even though it is still under construction with a crane on top.  Meriton has opened its servi...

The Brisbane Market

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There is a lot of talk about how well the Sydney property market is doing, and also the property market in general.  But this does not appea...

Cheapest Units within 10 km of Brisbane downtown

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RP Data released a report today, showing the suburbs with the lowest median price for units within 10km of Brisbane's city centre.  The ...
Thursday, August 29, 2013

Different ways to measure size of apartments

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"Apartment buyers in Victoria are routinely being led to believe by developers and agents that their purchases are more than 5 per cent...
Wednesday, August 28, 2013

Foreign Investors

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Foreign buyers snapped up one in every eight new properties built this year - up from one in 20 properties in 2011, National Australia Bank ...
Tuesday, August 27, 2013

Apartment Body Corporate Fees

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"Apartment buyers should avoid paying for lifestyle amenities already on their doorstep.  Minimising strata fees is increasingly a prio...
Monday, August 26, 2013

Rents and Vacancies

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A number of onsite managers have reported to me that they are taking much longer than expected to fill vacancies, and that rents are going d...
Sunday, August 25, 2013

Property Owl

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A new property website:   Property Owl .   This is aimed at buyers.
Friday, August 16, 2013

Guaranteed Losses if you pay too much

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If you pay too much to a developer when buying off the plan, no matter how good the location, and how good the development, you will loose m...
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Thursday, August 15, 2013

Rental Increases

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In Australia, rental yields for apartments are 4.9%, according to RP Data.
Wednesday, August 14, 2013

Barangaroo Sydney receiving great interest

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New harbour-side apartments in downtown Sydney, at Barangaroo , are generating great interest.  Lend Lease must be happy.

Alex Perry Residential Struggling?

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Alex Perry Residential in the Valley launched with great hype, and, according to hits on this blog, was of great interest to people looking ...

Metro Property Group - A remarkable marketing machine

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Last week, Ken Woodley, marketing director of Metro Property Group, zoomed past me in his Jaguar.  He was leaving his Mirvac penthouse and h...
Tuesday, August 13, 2013

Vendor activity steady

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Property owners in Australia do not appear to be rushing to sell, according to RP Data.
Monday, August 12, 2013

Comparison: Apartments and Houses

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According to RP Data, when looking at the median price of properties sold in the 3 months to July 2013, apartments in Brisbane are $75,00...
Sunday, August 11, 2013

Milton off-the-plan apartments

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There are two competing apartment developments in Milton , currently being developed. The Milton , being developed by FKP, at 55 Railway ...
Saturday, August 10, 2013

Less Apartments Being Sold in Brisbane

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The number of apartments being sold in Brisbane are less than the number sold in the same three month period last year.

Rental Returns

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I have conducted a review across about 20 apartment rental properties in Brisbane and S.E. Queensland, comparing the 12/13 FY with the previ...
Friday, August 9, 2013

Buyers Retuning to the Market?

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Real estate agents are reporting that buyers are coming back to the market in Brisbane, and that prices achieved are increasing.  For exampl...
Saturday, August 3, 2013

Valuer's View

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From the HTW Month in Review , recently published: "Our valuers are reporting anecdotally that confidence is reasonably good around s...
Thursday, August 1, 2013

Brisbane Units Still Going Backwards

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According to RP Data, Brisbane apartment values are still declining.  From an RP Data release: "RP Data and Rismark International tod...
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: "...
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