There Is Only One Place In Australasia To Be Buying Real Estate Right Now!

          The CEO of McGrath Estate Agents Believes the buying a property in South East Queensland is the best location for the next 3-5 years. And he also thinks Sydney’s housing boom has just about run its course. south East Queensland is his top pick of everywhere to buy in Australasia at the moment. Sydney has experienced 40% growth in the last few years and its almost topped out.  He said that he can’t think of anywhere better to invest than in the South East of Queensland, centered on Brisbane, in the next 3-5 years for […]

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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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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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To Fix or not to fix?

With property prices climbing and interest rates unconventionally low, investors are increasingly wondering whether fixing their interest rates will benefit them in the long run. Right now, what we are experiencing in Australia is a very unique situation in the economy. This involves strengthening property prices in Australia’s capital cities, yet interest rates that remain unconventionally low. In my opinion, this is the very best situation in which to invest. The usual reaction of the Reserve Bank when they have evidence of increasing house prices and low unemployment is to increase interest rates. However, interest rates have remained unchanged for […]

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