Australia’s Most Affordable Mainland Inner City Suburbs

When looking for an affordable purchase, many prospective buyers find themselves forced to look further out from the inner city. CoreLogic RP Data has gathered the cheapest five suburbs within 10 kilometres of the capital city CBDs, for both house and unit markets. The expensiveness of Sydney’s suburbs is immediately apparent, with an almost $700,000 difference between the median price of its cheapest inner city suburb for houses, Turrella, and that of Hobart’s cheapest inner city suburb, Clarendon Vale. In Sydney, all the cheapest suburbs for houses were close to the airport, south of the city. The unit market was […]

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Brisbane Hotspots 2015

        The latest price data from Australian Property Monitors indicates the median price for Brisbane grew 6.1% in 2014, second only to Sydney. Terry Ryder expects that growth figure to be exceeded during 2015 as markets across Brisbane continue to expand. He now expects Brisbane to challenge Sydney on price growth during 2015 Terry Ryder’s Top 5 Brisbane Hotspots are: Ipswich City – Brisbane’s south-western suburbs Kelvin Grove – Inner northern suburbs of Brisbane Logan City – Between Brisbane and the Gold Coast Morton Bay Region – Between Brisbane and the Sunshine Coast Redcliffe Peninsula – Brisbane’s […]

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Cash Flow VS Capital Growth

          This recurring theme in property media – whether you should buy for good capital growth or for good cashflow prospects – shows a fundamental lack of understanding. You do not have to make that choice. A good property investment will provide both! There are ample opportunities around Australia to secure properties that pay their own way and are located in areas with the core drivers to deliver good capital growth as well. Currently, the best income yields in the nation are found in Qld. The days of double-digit yields in mining towns and resources-driven regional […]

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QLD Hotspots lead the way for growth

Brisbane’s year of recovery and the ongoing struggle of the Gold Coast unit market are standout features of the latest quarterly Market Monitor from the Real Estate Institute of Queensland. Also noteworthy are the solid 2014 performances of regional cities Toowoomba, Cairns and the Sunshine Coast. Despite the general uplift in market activity the Gold Coast unit market is still struggling to recover from the oversupply years in terms of prices. The Gold Coast’s median unit price up 4.4% in annual terms, but still 2% below the price levels of five years earlier, according to Market Monitor. Specific markets have yet […]

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Oversupply coming for Brisbane units

A media release this week was positively gushing in its eulogy of the Brisbane inner-city apartment market. Sales are surging, it said, and the level of new construction in the pipeline was a cause for celebration. The market, apparently, “continues to shine”. From where I’m sitting, sales are not surging and the new construction – 14 new projects with 1,400 apartments were launched in the June Quarter alone – will make worse an existing over-supply. The thing is: the people building, promoting and selling apartments are concerned only about finding buyers. They’re not interested in the broader consequences of the […]

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