New Brisbane Apartments Hit All Time High

NEW apartment prices have jumped to a record high despite a drop in the number of sales. The latest Brisbane Apartment Essentials report by Urbis shows the average sales price increased by $87,000 in the last quarter, driving the weighted average price up to $767,000 – the highest ever recorded by the property analysis firm. […]

Brisbane Unit Growth Expected for 2019

BUYERS looking for the upside in Brisbane’s apartment market can breathe a sigh of relief with the market expected to turn positive in 2019. BUYERS looking for the upside in Brisbane’s apartment market can breathe a sigh of relief with the market expected to turn positive in 2019. It’s a massive shift given the Queensland […]

What Oversupply? How Brisbane Brothers Got Rich off Apartments

DAVID Pradella and his brother were ahead of their time when they began developing apartments in Brisbane. Now they’ve sold the final apartment in the block that made them rich. WHAT oversupply? Queensland richlister David Pradella can give a masterclass in flipping units, selling off his final apartment in The Parklands Brisbane that made he […]

Signs of Recovery In the Brisbane Unit Market

ON Wednesday night I called our Biannual ‘Under the Stars’ auctions. I always get excited for these big events. The weather, as it usually is, was perfect and more than 300 people, a mixture of buyers, sellers and locals turned up to take their read on the Brisbane market. Heading out to centre stage to […]

High-Rise Boom in Units in the Inner City Suburbs

Brisbane’s inner city suburbs are getting even more crowded due to a high-rise boom, increased migration & an increased preference for inner-city living & the lifestyle that comes with it. There are signs that inner city unit market is making a comeback after a few slow years. The latest home value data released shows Unit […]

Spire Residences in the Brisbane CBD Sold Off the Plan

A BRISBANE development set to change the face of city living for young professionals will be officially launched on Tuesday (Sept 19). Spire Residences, a $190 million project by Consolidated Properties, totally pre-sold off the plan within eight months of release in the CBD. The 40-level building with 340 apartments features one and two-bedroom pads […]

How do Apartments and Units Get Building Defects?

Our cities are growing at a rapid rate. Apartments account for a large part of this, with strata being the fastest growing form of residential property ownership in Australia. Hot property markets in our capital cities will see a forecast 162,650 new apartments hit the Australian market over the next three years, according to market […]

The Rise Of Apartment Building Defects

Our cities are growing at a rapid rate. Apartments account for a large part of this, with strata being the fastest growing form of residential property ownership in Australia. Hot property markets in our capital cities will see a forecast 162,650 new apartments hit the Australian market over the next three years, according to market […]

BRISBANE UNIT LIFESTYLE IS A BIG DRAWCARD!

Brisbane’s Unit market has rebounded in the past quarter with almost $214 million worth of new and off-the-plan Units changing hands. Sale prices have increased with the average sale price now 27 percent higher than 12 months ago. There are also more owner occupiers buying Units in Brisbane. Buyers recognise the advantages of low maintenance […]

Middle-Ring Suburb Apartment Price Slides

Despite worries about an oversupply of units in the Brisbane and Melbourne CBDs, some of the sharpest price declines have been in middle-ring suburbs where new development is creating an imbalance of buyers and sellers. Older-style units in suburban areas are falling out of favour with local investors worried about limited prospects for capital growth, […]