River city median house price hits record high
The latest Real Estate Institute of Queensland Market Monitor figures, revealed to realestate.com.au, that Brisbane’s median house price increased 2.5 per cent in the past year to hit a record-breaking $673,000. The top 10 highest valued suburbs in Brisbane are: Teneriffe Brookfield New Farm Ascot Hamilton Bulimba Pulse vale Hawthorn Paddington Clayfield The top 10 […]
Ready to renovate?
New research from property values Herron Todd White has found the suburbs where renovations are going strong, with Annerley, Greenslopes, Holland Park, Stafford Heights, Paddington, Bardon, Chapel Hill and Kenmore the most popular. “One of the excellent litmus tests of our growing appeal must be the amount of building activity underway in our suburbs,” the […]
Rental reform on the cards
The changes are aimed at making it easier for people to access housing, as the number of Australians finding home ownership out of reach increases. It’s also aimed at giving property owners greater power to charge for repairs not covered by rental bonds. Queensland has one of the highest proportions of rentals in Australia, with […]
Where to buy on Brisbane’s northside
But there’s still plenty of real estate bargains to be had and the southeast is still largely undervalued compared to southern states. Recent trends would suggest that prices here will continue to climb, but at a steady pace, rather than the skyrocketing home prices seen in Sydney. So where should buyers be looking? For first […]
Ex-PM could turn a profit
A five-bedroom multi-unit in the same building as the Turnbull’s apartment has hit the market for $22 million. A recent story on news.com.au said the newly listed apartment, several floors above the Turnbull’s, hit the market for $US15.995 million and was brokered by Sotheby’s International Realty as a “once in a century opportunity”. According to […]
New generation of ‘mortgage prisoners’
“About 40 per cent of people who tried to refinance were unable to do so,’’ Digital Finance Analytics principal Martin North said. “If you go back a year it was 5 per cent.” Data from DFA and investment bank UBS show there has been a spike in the number of failed mortgage refinancing applications. And […]
Popularity of suburbs comes flooding back
Data from CoreLogic shows 19 of the 20 suburbs affected by the floods are outperforming house sales across the rest of Brisbane. Fig Tree Pocket had the highest amount of growth in the past five years, jumping 52.7 per cent compared to the Brisbane average of 26.7 per cent. Universal Buyers Agents property expert, Darren […]
Albion precinct right on track
The project, Albion Exchange, is set to be delivered over the coming 15 years. The site has been earmarked for redevelopment for a number of years by the Queensland government as an opportunity to “improve connectivity and public transport facilities to better service the local community”. A $28.7 million upgrade of transport facilities and access to the […]
Auction clearance rates no longer relevant?
In his recent column, he said there were many reasons why he held that controversial view. “Let’s say, hypothetically, you have 100 properties going to auction this Saturday and at every one there are four registered bidders who are competing strongly,” he said. “And let’s say, as an example, that regardless of this robust bidding, […]
Breaking the bank
A new survey has revealed one in four homeowners given home loans last year would fail new bank tests if they applied today. The latest HashChing broker survey reveals everything is now under the microscope, including Netflix habits, online shopping and even how much you spend on road tolls. Up to 41 per cent of […]
