Matusik

This week I want to discuss the vacant land market. Four tables have been included in this post. Table 1: SEQ urban land sales 2009 vs 2019, sale volumes + median prices LGA area 2009 2019 Ten year change Sold $ Sold $ Sold $ Brisbane (C) 1,375 $278,000 1,750 $416,250 …

This post is about new dwelling settlement valuations. Such valuations have always been a lucky dip, but the situation seems to be getting out of hand.    There is a growing inconsistency with these valuations. In a recent case, a new 26 apartment complex in inner Brisbane received settlement valuations ranging between …

Four charts this post. Chart 1 shows that new attached dwelling approvals are on the decline, whilst detached housing demand is rising again. Chart 2 shows that a third of the attached dwellings approved haven’t been built yet, whilst most detached houses approved actually turn dirt. Chart 3 shows that walk-up apartments now …

I have been to several industry presentations and events over the past six months covering the housing market’s outlook. Many of my contemporaries launch into their talk using the projected population growth figures.  I sit there wondering how close these projections are when compared to recent trends. The table below …

Most residents want cars parked off street. In response to such sentiments, Brisbane City Council proposes to increase the number of parking spaces required for future apartment buildings and townhouse developments across the middle and outer suburbs. Parking increases have been framed as adding to the quality of life and safety of …

A few weeks back I mentioned in passing the Federal Housing Minister. This prompted several on the Missive mailing list to ask me what I would do if I held that position.  Serendipitously, I engaged in a similar online discussion a week or so ago and that resulted in being asked …

A few weeks back BIS Oxford Economics made a big call, suggesting that the median Brisbane house price could rise by 20% or by $113,000, over the next three years. This made the front page of several newspapers and split the online real estate community with many sharing the prediction …

Here’s a typical example of THE Monday morning real estate headline these days: Buyers flock to weekend auctions Preliminary data from CoreLogic shows that Sydney’s residential market recorded an auction clearance rate of 77.2 % on the week of the 8-14 July, compared with 46.9% at the same time in …

Few will oppose that we should be creating more affordable homes. Yet from the get-go it is bloody hard; if not impossible. I, like many others, have reasoned that changing our existing planning schemes and widening our product choice would help deliver more affordable housing; but even if that was …

I keep getting emails telling me about how much more affordable housing has become now that interest rates are declining. Yet the evidence is wafer thin, with more often than not, an index chart attached to the spruik which needs a magnifying glass and a lot of imagination to see …