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Blog Posts
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 …
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 …
A recent study showed that Underwood in Logan City, in Brisbane’s south, is Queensland’s best performing suburb when it comes to detached house price growth over the past decade. The other top ten Queensland suburbs for detached house price growth included Ashgrove, Sunnybank, Hawthorne, St Lucia, Fig Tree Pocket, Sunnybank …
Today our chart shows the number of dwellings approved, but not yet started. It is one of those rare property charts where, if the lines go down, it is a good thing. At present, some 9,500 detached houses have been approved but haven’t yet commenced construction. This is about a ten …
What does the future hold? For mine demographics shape almost everything. Future demographic shape If that is true, what does Australia’s demographic shape look like over the next decade? The first table shows that baby boomers, who were helping drive generic house price growth over the past two decades, are …