Brisbane Apartment

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

Saturday, March 31, 2012

Another Victory For the Dog

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Body Corporate for River City Apartments CTS 31622 v McGarvey [2012] QCATA 47 (12 March 2012) "The relevant context, in my opinion, ...
Friday, March 30, 2012

AFR: Qld Property Due for Kick Start

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Extract from Story in the AFR : For years now, much of Queensland has been a home-grown testament to how property booms can go dreadfully ...
Monday, March 26, 2012

Evolution Sales - Massive Losses for Investors

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I have written in the past about Evolution, and how Citimark sold these apartments off-the-plan at high prices.  It is not the greatest qual...

Ray White Auction Results

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I went to the Ray White auction yesterday.  Some results concerning apartments: Apt 2804 Charlotte Towers, 1 bed, 1 bath, no car - sold p...
Saturday, March 24, 2012

My reflections on the inner Brisbane apartment market

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Here are my thoughts based on my non-scientific observations: Most of the apartments sold in inner-Brisbane in the past year have been on...

RP Data Capital Market Report

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RP Data's recent Capital Market Report 2012 had the following information regarding Brisbane: Brisbane's capital gains have been...
Friday, March 23, 2012

Another Milton Development

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Walker Corporation announced it had bought land in Brisbane's inner west to embark on a new a $100 million-plus development with shops a...

The risk of falling prices

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Financial comparison website RateCity CEO Damian Smith said borrowers who have taken on a home loan with a small deposit are most at risk fr...
Thursday, March 22, 2012

Where will the next Apple Store be in Brisbane?

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An Apple Store was tipped for Macarthur Chambers on Queen Street, but it has not arrived.  A story in Brisbane Times suggests it has been ...

Negative Equity

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The share of homes with mortgages worth more than the property's value increased at the end of last year as the housing market stalled a...

Newstead Riverpark

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" Developers FKP and Mirvac are major players in the quest to turn 17ha of prime riverfront land into a vibrant new community.   Loc...
Monday, March 19, 2012

Low rise or high rise apartment?

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"F irst-time property investors buying off the plan should consider low-rise apartments over high-rise units, according to developers a...
Tuesday, March 13, 2012

Real Estate Agent Blog

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Here is an interesting blog designed for real estate agents, to help them obtain listings and sell property.  If you are selling or buying,...
1 comment:
Sunday, March 11, 2012

Number of Dwellings Sold in Brisbane

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In Brisbane, in 2003, over 73,000 dwellings were sold.  In 2007, over 69,000 dwellings were sold in Brisbane.  However, in 2011, only 34,300...
Saturday, March 10, 2012

Vine on Russell Prices

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Vine on Russell was recently released by Aria Property Group .  It is located in South Brisbane, opposite Musgrave Park.  Construction to s...

Who is buying and what are they buying?

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From the hsbrisbaneproperty.com.au newsletter from an agent that specialises in mid-priced inner city Brisbane apartments: Usually buyers...
Friday, March 9, 2012

Apartment Prices Strengthen says REIQ

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From an REIQ Press Release issued today: The Queensland unit and townhouse market is showing healthy signs of recovery with many areas acr...
Tuesday, March 6, 2012

Photomontages Misleading

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" Up to 90 per cent of photomontages produced for development applications could be misleading, architects and planners say.   An archi...
Monday, March 5, 2012

Vine on Russell, at South Brisbane

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Another apartment building from Aria in South Brisbane:   Vine on Russell , which is on the corner of Russell Street and Cordelia Street (a ...
Sunday, March 4, 2012

Campbell Newman and Apartments

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Campbell Newman, when at Brisbane City Council, introduced the " parity factor ", in relation to rates paid to the Council by Bris...
Saturday, March 3, 2012

Portside and Hamilton Harbour

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This photo shows how crowded this area of Hamilton will soon become with apartment developments. Site A has development approval for 87 se...
Friday, March 2, 2012

Daily House Price Index

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RP Data and Rismark have launched a daily house price index for Australian residential property. "The RP Data-Rismark Daily Home Valu...
Friday, February 24, 2012

Receivers Move Into Alderley Square

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This blog reported recently that PCN's Alderley Square development was on hold .  The AFR reported on Thursday that receivers have mov...

Hamilton Harbour Press Release

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HUNDREDS of new sales and settlements of residential apartments at the Hamilton Harbour mixed use development are  signaling  renewed conf...
Thursday, February 23, 2012

Local Investors Buying in Brisbane

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New research indicates Brisbane property investors are the strongest buyers in their own backyard.  As investment activity returns to the ...
Wednesday, February 22, 2012

Gold Coast Hilton

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The Gold Coast Hilton development (originally developed by Rapits, a company that went bankrupt during construction) still has unsold apartm...
Tuesday, February 21, 2012

Casino Towers Auction Result

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A sub-penthouse in Casino Towers ( Apt 3803, 151 George St ), recently sold at auction for just over $800,000.  This was a large two bed apa...

Misleading Photo Montage

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Some developers are known to produce misleading photo montages and computer generated images of their apartment projects to make them look b...
Monday, February 20, 2012

Brisbane Property Strategy

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Here is a story, where two Metropole agents have a discussion about the Brisbane property markets.   Listen here  for what it is worth.  ...
Sunday, February 19, 2012

House Prices in Queensland

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The REIQ, which is the industry lobby group for real estate agents in Queensland, issued a press release today regarding Queensland house pr...

Brisbane Apartment Capital Growth

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Extract from a recent article by Tim Lawless from RP Data: "Another recent trend has been the superior performance of the unit m...
Saturday, February 18, 2012

A Reader's Response

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Here is a note from a reader: I read with interest your article “ Positive sign for Brisbane Property market .”. When an individual or so...
1 comment:
Friday, February 17, 2012

Government Review of Management Rights

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The Queensland Government has issued a discussion paper on Management Rights in Community Titles Schemes , and is asking for community respo...
Wednesday, February 15, 2012

Positive Signs For Brisbane Property Market

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Matusik has written a note " Seven positive signs for Australia's property market ".   A focus of the note is the Brisbane apa...
Tuesday, February 14, 2012

Scott Street Apartments Go Under

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Bank of Scotland has become mortgage-in-possession of the remaining unsold apartments in Waterford Properties' Scott Street developmen...
Monday, February 13, 2012

Another Decision in Favour of the Dog

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See Decision allowing resident to keep a dog named Beau in an apartment at Marcoola Beach.   Decision here .  The residents opposed the dog....
1 comment:

End of the Road for Mirvac at Tennyson

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Mirvac and an off-the-plan purchaser, Mrs Dunworth , have had protracted legal battles regarding Mrs Dunworth's contract to purchase an ...
Sunday, February 12, 2012

South Bank to Expand?

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The Queensland State government plans to expand South Bank upriver, and into South Brisbane & West End.  This will involve the purchase ...

Academic Says Housing Market is Ponzi Scheme

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According to Soos, the tipping point for the mark will come when “the household sector is so overloaded with debt there exist no more ‘gre...
Saturday, February 11, 2012

Savill's view of Brisbane

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"There is demand at the moment. There is going to be some rental growth, certainly in the CBD and fringe and I think the unknown is i...
Friday, February 10, 2012

DoubleOne3 by Devine

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Devine reports that development approval has been received for a 111 apartment project at Teneriffe, Brisbane. The project, known as DoubleO...
Thursday, February 9, 2012

Failed Settlements At Hamilton Harbour

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Devine reports that as at 8 February, 384 settlements had occurred for the apartments in Towers 1 and 2 at Hamilton Harbour. Devine also ...
Wednesday, February 8, 2012

Extent of Losses

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RP Data reported recently that Brisbane apartments in 2011 lost value of 6.5% (when looking a medium sales prices of apartments that actuall...
Sunday, February 5, 2012

Pradella's New Project - Canvas

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Pradella is advertising a new project in South Brisbane, called Canvas .  It is a high-rise building, having one and two bedroom apartments....

Devine Hamilton Harbour Settlements

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Devine recently issued a stock market release saying: "Market conditions have continued to deteriorate across most Australian proper...
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