We believe that Australia’s housing market outlook is going to be very different than what has happened over the past couple of decades. Let’s lay it on the line, shall we? We believe that anyone digging in their heels to protect past property mentalities is in for a surprise. Post …
Blog Posts
The Grattan Institute earlier this month released another great report on Australia’s urban landscape. To read the 87-page report go here. But for those of you that are time short, I have pulled together 10 things you need to know about this work. Many of them are quite surprising. 10 things 1. …
Following on from last week’s post – revisit here – this week I have looked at the state of play for new housing supply and underlying demand for south east Queensland. Two tables are included, the first looks at the situation by major region – inner Brisbane (within 5km of the …
Much is written about population growth in the real estate space, with most making comments about how it adds to underlying housing demand. In equal fashion a lot is written about new housing supply, with many quick to jump on either the ‘under supplied’ or ‘oversupplied’ bandwagon. Most of the …
Much has been written about the apartment market and the perceived state of play of inner Brisbane apartments. Like most things in real estate, hyperbole is the order of the day, with the recent boom and current doom being exaggerated. Our research has found that inner Brisbane is now struggling to keep …
Much is written about population growth and its positive impact on most things economic. But there is also sting in that tale. Despite the intelligentsia telling us the opposite, the number of vehicles per capita, is on the rise in Australia. It is currently 776 vehicles per 1,000 bodies. It was 723 …
I am often asked about when it is the best time to sell a home. Most think it is spring. And yes, it is slightly better but only marginally so. As a summary across all capitals – 21% of sales take place in summer; 26% in autumn; 25% in winter …
I am quite interested about how a forecast is made. I like to understand the thinking behind the prediction. I am particularly fascinated when a very definite outlook has been supplied. Sadly – although not that surprising – property forecasts are often very definite but lack when it comes to the reasoning …
Many want to reassure us that the current slump in wage growth is just a temporary thing. Yet despite rising business profits and apparently low unemployment, many are taking less money home (per hour worked) than they were in the past. Limited wage growth and increasing job insecurity – I think …
Here is my summary of ten things I think you should know about Logan City. 1. Detached houses and vacant land in Logan City are at about 9 o’clock on the property clock. Townhouses and apartments are positioned, by our estimates, to be between 10 and 11 o’clock. 2. A …
Last week I outlined how inaccurate suburban based median house values can be. Revisit here. For sake of completeness, this missive I look at similar data but this time for apartments. Apparently the top ten suburbs in Queensland for apartment price growth over the past decade include: Paradise Point, Benowa,East …