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, […]

How New Apartment Plans Affects House Approvals

A surge in new apartment plans has offset a decline in house approvals and driven the number of new building permits up by 11.3 per cent in July. It was the biggest jump in monthly approvals in two-and-half-years and 21,000 approvals was the second-highest recorded since the Australian Bureau of Statistics started reporting the data […]

Apartment Development in Brisbane Aimed for First-Time Home Buyers

A project for developing modern apartments is planned in inner Brisbane which is designed to attract upcoming professionals looking for their first home. R&W Projects is scheduled to officially launch the latest project by Lantona before the end of June 2016 where the apartments are pegged to start selling at $389,000. What Does the Project […]

Brisbane’s Apartment Surge May Spark Better Night Time Economy

If we follow the impact of Brisbane’s historic new apartment construction on city culture, there’s a good chance the Queensland capital could finally eliminate its ‘Dead After Dark’ persona. Will Brisbane be known in the future as a ‘Seven Day City’. According to Matthew Gross, National Property Research managing director, it’s a possibility. A Boost […]

Is Apartment Living the New Aussie Dream?

Can Guess what the fastest growing demographic in Australia is? Well it isn’t families with small children. It’s households with a single person who is looking for a fabulous apartment instead of a single family home. A few years ago, many of the growing demographic was families looking for detached homes with a yard for […]

Building Defects A Major Concern For Unit Owners

According to a recent survey, low-quality buildings and structural building defects have become a serious concern for Australian apartment owners. The survey which involved apartment living in strata-titled properties was conducted by Christopher Guilding, a professor at the Griffith Business School of Griffith University in Queensland. Based on the results of the survey, Professor Guilding […]

Newstead Facelift Brings Big Shift

Metro Property’s presence in inner city Brisbane is set to get a whole lot bigger with the company spending $40 million on a development site in Newstead. Metro plans to build 800 Units across four towers on the site on Ann St adjacent to the Waterloo Hotel in Newstead. This is one of the few […]

BRISBANE UNIT LIVING GROWING IN POPULARITY

Queensland’s love affair with real estate is swinging towards a growing affinity for Unit living with new figures showing the number of new projects has more than doubled in the past 3 years. This can be seen with the number of cranes in the skies of Brisbane inner city. Unit living in Brisbane is proving […]