Australia misses a podium finish but is still the world’s 4th best place to live
Go figure. Switzerland, Canada and Sweden took out the gold, silver and bronze in the best country rankings collated by the US News and World Report. How were the rankings determined and what does it mean? Make yourself a coffee, or three, if you want to read the full methodology. But in a nutshell, each […]
#4 Popular northside burbs offering cheap rent
Houses in four popular northside suburbs are renting for under $600 per week, according to new PropTrack data reported in The Courier-Mail. This includes houses in Chermside which are renting for $550 per week. That’s good value for the location, given proximity to the mini CBD that has grown around our mega Westfield. These four […]
Market update: Brisbane hits new peak
The median dwelling price for the greater Brisbane area is now a shade over $760,000, according to the latest PropTrack Home Price Index. “Home prices in Brisbane have already regained 2022’s price falls and are rising at a fast pace, jumping 0.39% in September to hit a new price peak. Prices are now 5.82% higher […]
Market update: Top northside burbs see unit prices grow more than 20%
Higher density living can often come with convenience, amenity, low maintenance, and proximity to transport, shops and commercial hubs… all with a cheaper price tag. It’s no wonder some commentators have dubbed 2023 the “year of the apartment”. Here on the northside we’re seeing strong proof of unit popularity. In Carseldine, units jumped a whopping […]
The Aussie property market just hit $10 trillion … again!
We don’t know either! But someone at CoreLogic can count that high, and they’ve recently reported the combined value of all Australian housing reached $10 trillion at the end of August. Thinking you’ve read that headline before? You’re not wrong. In June 2022 Aussie property hit the $10 trillion milestone for the first time. In […]
Affordability: Do you want the good news or the bad news?
Housing affordability is at its worst level in 30 years, according to PropTrack data published on realestate.com.au. “This deterioration in affordability has been driven by a dramatic rise in mortgage rates, combined with rising home prices over recent years,” it reports. “At the same time, sharply higher price growth throughout the pandemic has meant housing […]
Market update: Brissie price growth outpaces the nation
In August, Brisbane topped the national charts for monthly and quarterly price growth. On a monthly basis, Brisbane prices grew 1.5 per cent and over the quarter they rose 4.2 per cent. That outpaced Sydney which saw 3.8 per cent growth over the same period. This takes median Greater Brisbane dwelling prices to $747,626 based […]
New property trend: Meet the “Downvestor”
The “downvestor” is someone who makes a “buy now, live later” purchase, reports Domain. They buy their perfect “downsizer” home, but rent it out until they’re ready to make the move to the downsize stage of life. “It might be they don’t feel quite ready, they have other stuff to do first, or they’re simply […]
#3 Brissie suburbs on the investor hot spot radar
The Suburbtrends analysis, published by Australian Property Investor, tipped units in popular middle ring suburbs. The northside boasts two of the three hot spots, with Gordon Park and Kedron earmarked for solid investment potential. On the southside, Coorparoo made the grade. All hot spots were within 5-7km of the CBD, offered rental yields above 5 […]
Market update: Bargain buys emerge in popular Northside suburbs
But there are still bargains to be found in popular north side hot spots within 10km of the city. Value hunters should look at older homes with renovation potential in gentrifying suburbs like Stafford Heights, Stafford and Chermside West. In each of these suburbs, prices are lower than they were a year ago, reports Domain. […]
