News Articles


Southern buyers pushing up QLD property prices - September 2016


QUEENSLAND has emerged as the most attractive property market in the country, as interstate buyers search for a better deal. Property prices hit record highs this week, a feat experts say is no “flash in the pan”, with cashed-up buyers now flying in from southern states on weekends to view homes. Every second unit buyer in Brisbane was already an interstate investor, but Real Estate Institute of Queensland chief executive Antonia Mercorella said “extraordinary value” across the greater Brisbane, Gold Coast and Sunshine Coast was a factor. Brisbane’s median house price is at an all-time high of $635,000, but the Gold Coast had cranked up significantly as well in the run-up to the 2018 Commonwealth Games. The Queensland property market held “irresistible allure” for first-home buyers, especially the Greater Brisbane area where record low interest rates had made the traditional house and land dream viable for hundreds of people. Ms Mercorella sa...

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Where to make your money in Greater Brisbane - August 2016


CoreLogic data shows investors have been banking some high returns on rental properties with one suburb posting an indicative 12 month gross yield of 11.9 per cent. Deagon topped Greater Brisbane with the result for units. Other top unit performers were Banksia Beach at 8.2 per cent, Redbank 7.9 per cent, Hillcrest 7.7 per cent, Waterford 7.5 per cent and Caboolture 7.2 per cent. Units by far outperformed houses for rental yield, taking the top 21 suburb spots and dominating Greater Brisbane’s top 50. There were 39 unit results compared with 11 houses. The best yield for houses was recorded in Dinmore and on Russell Island, with both at 6.5 per cent. Churchill and Woodford were next at 6.4 per cent, followed by Basin Pocket 6.3 per cent, Leichhardt 6.2 per cent, Ellen Grove and Riverview at 6.1 per cent and Gailes 6 per cent. In terms of the highest rent achieved, houses dominated, taking nine of the top 10 spots. Pullenvale was Greater Brisbane’s money suburb, pulling ...

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Rentvesting grows due to affordability, work choices - July 2016


One investment strategy is becoming increasingly popular across Australia, with the cross-section of people whose first property purchase is an investment property rather than their own home growing. According to real estate franchise LJ Hooker, which claims to have identified the emergence of so called rentvestors ™ in 2013, the strategy is becoming increasingly popular with Australians of different ages and income levels. When the trend first emerged it was favoured strategy of a particular segment of the population, but LJ Hooker head of research Mathew Tiller said the rentvesting is moving further into the mainstream. “Interestingly when LJ Hooker first identified the rentvestor trend we described it as a ‘young couple in their late 20’s or early 30’s who love their lifestyle and don’t want to relocate from where they were renting’, however our latest research shows that there are now two clear types of rentvestors,” Tiller said. &...

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Moreton Bay region strongest market in Greater Brisbane - July 2016


The Moreton Bay region has overtaken Logan City to be the strongest market in the Greater Brisbane area. According to the latest Price Predictor Index Winter 2016 report, property analyst Terry Ryder from Hotspotting, said the two strongest markets had affordable areas on the fringes of the Greater Brisbane region, showing Brisbane’s growth cycle may be nearing its end. While Logan City remains strong and continues to be one of the nation’s standout markets, Moreton Bay now has a larger number of growth suburbs – 15 to Logan City’s 13. Mr Ryder said overall the number of growth suburbs in the Greater Brisbane area had declined due to the economy. “The overall underlying economy hasn’t been as strong, NSW which is primarily Sydney has been the number one economy in Australia for a couple of years now and its infrastructure spend has been the highest, Brisbane doesn’t compare with Sydney on those two terms so the price growth has no...

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