Wednesday, February 06 2019
Apartments and townhouses will no longer be developed in Brisbane’s suburbs zoned low-density residential.
The call to “protect the Brisbane backyard” triumphed, with a vote passed by Brisbane City Council to remove provisions allowing for multiple dwellings on blocks of more than 3,000 square metres. Read full article here
Wednesday, January 30 2019
Three non-major lenders have announced reductions to their mortgage rates of up to 32 basis points, despite out-of-cycle rate increases from competitors.
If you are not relooking at your lending you are paying too much.
If you want to start making some savings I have opened up my calendar for a FREE telephone appointment to see what you could save. Make a time with me now for an initial 10 minute telephone chat.
Monday, January 28 2019
Brisbane came out on top among the strongest performing capital cities in Australia in 2018, simply because its growth remained positive.
As prices tumbled in Sydney and Melbourne, Brisbane’s housing market continued its well-worn path of solid, modest growth. By December, Domain data showed the median house price had increased to $670,000. Read full article here
Wednesday, January 23 2019
Tuesday, January 22 2019
New data from Queensland’s ports shows coal exports have hit a new high. Total coal exports for 2108 were 223 million tonnes (mt) surpassing the previous record by 2 mt set in 2016.
The results demonstrate the coal industrcy remains a significant contributor to the states economy. Read full article here
Monday, January 21 2019
Queensland’s population is expected to hit 5.789 million by 2027 and 6.693 million by 2042.
Currently sitting at just over 5 million that means nearly 800,000 people (or nearly 89,000 a year) over the next 9 years.
Tuesday, January 15 2019
Solid economic fundamentals have positioned many of Queensland’s residential real estate markets for a good year ahead, with steady demand growth forecast due to rising population, improving employment rates and better lending conditions. Read the full article here
Friday, January 11 2019
BRISBANE’S housing market has recorded the strongest annual rise in rents in three years. The latest CoreLogic data by realestate.com.au shows house rents increased 2.4 per cent in 2018, while the cost of leasing a unit became 2.6 per cent more expensive. With a pull back in development projects and an additional 66,500 new residents into the South East per annum this presents more good news for landlords seeking to increase yields. Particularly while the Brisbane market remains affordable.
Monday, December 24 2018
According to the Real Estate Institute of Queensland’s Queensland Market Monitor a number of outer Brisbane suburbs reported a double-digit annual median house price growth in the range of 10 per cent to 17 per cent for the past year. Go here for full article