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, […]

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 […]