Posted by admin on 10 January 2012
Most of the ‘old heads’ we meet amongst property investors have a calm patience about them. Many owned property during the soaring inflation of the 1970’s, interest rates of 17% and ‘recessions we had to have’ in the 1990’s, and finally the boom times of the 2000’s. Slow to panic in dropping markets, un-tempted by rising valuations, undeterred by a troublesome tenant, they focus on the long term. We’re not saying it’s the only way to approach property investment, but it’s certainly worked for many.
In the early 1990’s one Brisbane property investor and author jolted plenty of us into investing in real estate. Jan Somers, a former Cleveland school-teacher, wrote a best-seller called “Building Wealth Through Investment Property”. Her message? You can’t do nothing and expect to retire on anything more than chicken feed. Compulsory super won’t be enough so invest then be patient. It’s become unfashionable to buy books like that… but the message remains sound.
So as we kick off 2012 will investors return to Brisbane real estate? We’ve seen self-managed super funds nibbling at the offerings and the ATO reports that of the $418 billion held through SMSF’s less than $15 billion of it is currently invested in residential real estate. And $114 billion is sitting in cash deposits. It’s a huge market waiting for the ‘right time’.
What would tempt you to invest in real estate right now? Higher rents? Scrapping capital gains tax? Reduced stamp duties? Or is just not the right time to buy Brisbane real estate?
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Tags: Brisbane Property Management, Brisbane property sales, investment property
Posted in Brisbane landlords, Brisbane's sales market, property taxes and rates etc | No Comments »
Posted by admin on 25 September 2011
Our median sales prices are down on last year, but have retained much of the growth of the last decade. Overall we’d suggest it’s hard to call any strong price trend in South Brisbane’s market so far this year. One clear change is the number of transactions – the 2nd quarter of 2011 has been busier than the first but we’re still on track to record less apartment sales in 2011 than we’ve had in over a decade. Why? Market uncertainty, plus many local property owners have withdrawn their properties from sale (or not listed at all) awaiting stronger prices.
If you’d like a sales market update for your property please call our South Brisbane specialist, Rob Honeycombe on 0423 332 022 or 07 3214 6800
Tags: apartment sales south brisbane, apartments sales southbank, apartments South Bank, Brisbane home prices, Brisbane house prices, Brisbane property sales, Brisbane real estate agents, Brisbane sales market, home buyers Brisbane, homes in South Brisbane, house sales south brisbane, property sales south brisbane, selling a house Brisbane, selling an apartment Brisbane, South Brisbane Real Estate Agent, Southbank Real Estate Agent
Posted in South Brisbane and South Bank | No Comments »
Posted by admin on 25 September 2011
While prices are definitely down from their peaks of a couple of years ago, buyer interest in West End property remains strong. The new projects along the river/ Montague Rd precinct are holding the median sale price high for apartments, albeit with some discounting on those buildings that had flood inundation in January. The number of sales is very low this year, partly due to the floods and partly the general economic uncertainty. There’s also many local property owners reluctant to sell while prices are down and this may be having the effect of putting a floor under prices. The second quarter’s sales volumes were stronger.
If you’d like a sales market update for your property please call our West End specialist, Rob Honeycombe on 0423 332 022 or 07 3214 6800
Tags: apartment sales west end, Brisbane home prices, Brisbane house prices, Brisbane property sales, Brisbane real estate agents, Brisbane sales market, home buyers Brisbane, house sales west end, property sales west end, selling a house Brisbane, selling an apartment Brisbane, west end apartments, west end houses, west end property, West End Real estate agent
Posted in West End | No Comments »
Posted by admin on 25 September 2011
It’s not surprising to see a couple of new apartment projects popping up in Woolloongabba, given the growing buyer interest in the area and the strength of the local market. The graphs show prices holding firm for apartments but our experience is that many are taking small drops to achieve a sale. The local market hasn’t been immune from the broader discounting of the inner city. Houses in Woolloongabba continue to attract good enquiry. Sales volumes are still very low as many owners hold off from selling, although the second quarter has been a lot busier than the first.
If you’d like a sales market update for your property please call our Woolloongabba specialist, Rob Honeycombe on 0423 332 022 or 07 3214 6800
Tags: apartment sales woolloongabba, Brisbane home prices, Brisbane house prices, Brisbane property sales, Brisbane real estate agents, Brisbane sales market, gabba apartments, gabba property, gabba property sales, home buyers Brisbane, house sales woolloongabba, property sales woolloongabba, selling a house Brisbane, selling an apartment Brisbane, woolloongabba real estate agent
Posted in Woolloongabba | No Comments »
Posted by admin on 25 September 2011
While real estate market-watching’s become a national sport, it’s hard to call any strong price trend in Spring Hill’s market so far this year. Our median sales prices are down on last year, but have retained much of the growth of the last decade. The number of transactions continues to below – the 2nd quarter of 2011 has been busier than the first but we’ve still had less than 100 apartment sales in the first half of this year. Overall buyer enquiry is sound and while prices aren’t setting records there are still sales to be had for those who want them. House sales volumes are so low as to make the median price data fairly meaningless. We do know that many house owners are holding off selling until prices improve.
If you’d like a sales market update for your property please call our Spring Hill specialist, Rob Honeycombe on 0423 332 022 or 07 3214 6800
Tags: apartment sales spring hill, Brisbane home prices, Brisbane house prices, Brisbane property sales, Brisbane real estate agents, Brisbane sales market, home buyers Brisbane, house sales spring hill, property sales spring hill, selling a house Brisbane, selling an apartment Brisbane, Spring Hill Real Estate Agent
Posted in Spring Hill | No Comments »
Posted by admin on 25 September 2011
While real estate market-watching’s become a national sport, it’s hard to call any strong price trend in Highgate Hill’s market so far this year. Our median sales prices are down on last year, but have retained much of the growth of the last decade. One clear change is the number of transactions – the 2nd quarter of 2011 has been busier than the first but we’re still on track for just half as many house sales as we saw in 2010. Why? Many local home-owners have withdrawn their properties from sale (or not listed at all) awaiting stronger prices. Overall buyer interest remains fairly solid, albeit at softer prices than last year.
If you’d like a sales market update for your property please call our Highgate Hill specialist, Rob Honeycombe on 0423 332 022 or 07 3214 6800
Tags: Brisbane home prices, Brisbane house prices, Brisbane property sales, Brisbane real estate agents, Brisbane sales market, Highgate Hill real estate agent, home buyers Brisbane, house sales highgate hill, property sales highgate hill, selling a house Brisbane, selling an apartment Brisbane
Posted in Highgate Hill | No Comments »
Most of the ‘old heads’ we meet amongst property investors have a calm patience about them. Many owned property during the soaring inflation of the 1970’s, interest rates of 17% and ‘recessions we had to have’ in the 1990’s, and finally the boom times of the 2000’s. Slow to panic in dropping markets, un-tempted by rising valuations, undeterred by a troublesome tenant, they focus on the long term. We’re not saying it’s the only way to approach property investment, but it’s certainly worked for many.
