Australia General Property Discussion

Royal

Queensland: Trends and predictions for the Brisbane property market in 2020

Over the past year, Brisbane has become the “safe choice” for property investors looking to avoid the negative impacts of the declines in Sydney and Melbourne. Will the Queensland capital continue to offer good opportunities in 2020? Brisbane has ended 2019 on a high as it finished the year with positive annual growth of a total 2.8 per cent, Streamline Property’s Melinda Jennison pointed out.Most property analysts believe that Brisbane will see positive results in 2020 – even predicting that the capital city will see the greatest national gains in house prices, ultimately leading to a 20 per cent increase in median house price by 2022. While house prices are expected to continue rising as a result of increasing migration rates and healthy levels of housing affordability, the value of apartments is likely to remain flat for a while. Dwelling pricesPropertyology’s Simon Pressley said that median dwelling values over the next five years are likely to outgrow the previous five.Further, the growth will be more widespread as opposed to being concentrated in only a select few locations. Supply and demandOver the year in Brisbane, Ms Jennison noted that high demand was consistently better for inner city suburbs compared with fringe suburbs. 2020 trendsProperty risk management will become more significant across the Brisbane property market moving forward as droughts, bushfires and a month’s worth of rain in a matter of minutes affect the capital city and the rest of the Sunshine State.According to CoreLogic CEO Lisa Claes, a property’s hazard profile will become just as significant as its physical attributes.“There will be greater demand from our customers for seamless delivery of relevant data relating to property risks in the same way they leverage property values, ownership and construction data,” she said.As a result, she believes 2020 will see further changes in the real estate industry’s operating environment with the rise of desegmentation. more to read atx Year in summary: Trends and predictions for the Br... Over the past year, Brisbane has become the “safe choice” for property investors looking to avoid the negative impacts of the declines in Sydney and Melbourne. Will the Queensland capital continue... www.smartpropertyinvestment.com.au

0 Reply 11 Views 5Hr ago

Royal

Affordable Adelaide: Get the best of city life without the big price tag

City

Want to be near the city but can’t afford the CBD’s median $450 per week in rent? Relax, we’ve got you covered. Here are the 10 cheapest suburbs to rent in within 10km of town. THE city has always been a huge drawcard for renters attracted by its employment, educational and lifestyle opportunities.But living in a capital city often carries a price tag that puts it out of reach of many. In Adelaide’s case, that median price is $450 per week for houses, and $440 per week for units, according to real estate.com.au. New data from realestate.com.au reveals the 10 most affordable rental suburbs within 10km of Adelaide. And Adelaide’s northern and western suburbs dominate the list, with seven of the 10 located there. The average of the 10 SA suburbs is $348, making it the second cheapest city in the nation to live within 10km of the city.Only Western Australia is more affordable, at $328.50.In Sydney it’s a staggering $647.50, while in the NT it’s $488.80. read more detailx Affordable Adelaide: Get the best of city life wit... THE city has always been a huge drawcard for renters attracted by its employment, educational and lifestyle opportunities. www.news.com.au

0 Reply 6 Views 12Hr ago

Royal

Brisbane’s Cheapest rental suburbs near CBD

Revealed: Brisbane’s cheapest rental suburbs near the CBD.TIME is running out for tenants to pay cheap rent and live close to Brisbane’s CBD, with the city fast turning into a landlords’ market. Rents are on the rise and vacancies tightening in the river city, but savvy tenants still have a window of opportunity to bag a bargain close enough to the big smoke without having to sacrifice lifestyle. The most affordable suburb to rent a house within that radius in Brisbane is Rocklea, 9km south-west of the city centre, where the median weekly rent for a three-bedder is $365. There are currently 15 properties for rent in Rocklea, with the majority being freestanding houses, townhouses and units.Chermside in Brisbane’s north also offers tenants bang for buck with a median rent of $390.The suburb is also 9km from the CBD, but has a Westfield shopping centre at its doorstep, along with plenty of transport options. The latest data released by SQM Research reveals asking rents for houses in Brisbane increased 0.9 per cent in December to $473 a week – that’s 3.4 per cent higher than they were a year ago.The rental vacancy rate increased slightly during the month, but is still tight at 2.9 per cent, and lower than the 3.2 per cent recorded the same time last year. source:-x Revealed: Cheapest rental suburbs near Brisbane CB... TIME is running out for tenants to pay cheap rent and live close to Brisbane’s CBD, with the city fast turning into a landlords’ market. www.news.com.au

0 Reply 8 Views 12Hr ago

Robin

Australia's industrial property investment is greatly impacted by e-commerce

Australia’s booming e-commerce marketplace is set to have a flow-on effect for industrial property investors, according to an investment organisation.The Property Funds Association (PFA) has flagged the relationship between the rise of e-commerce in Australia – most notably through Black Friday and Cyber Monday retail events – and the positive impact it is expected to have on industrial property as an investment asset. Already, the PFA has noted increased interest in industrial property by investors both domestically and overseas. Industrial property has provided consistent income returns and capital growth across a number of years, thanks to stable lease covenants and contractual fixed lease increases. It also appeals to investors due to its low correlation with other major asset classes – giving it a place in any well-balanced portfolio. According to PFA, as e-commerce expands, it will drive underlying demand in the industrial sector. It cited research conducted by JLL, commissioned by Charter Hall, which noted that while Australia’s e-commerce penetration has lagged the US previously, it is expected to accelerate over the next three to five years as demand for logistical and distribution space “is driven to all-time highs by e-commerce”. Read more:x E-commerce as a driver of industrial property inve... Australia’s booming e-commerce marketplace is set to have a flow-on effect for industrial property investors, according to an investment organisation. www.smartpropertyinvestment.com.au

0 Reply 6 Views 17Hr ago

Sam2018

NSW: Oversupply of high rise apartments lead one in five seller loose money

Losses are mounting for unit sellers in Sydney’s high-rise suburbs as a recent spate of building disasters sours buyer demand for homes in large apartment towers. Close to one in five sellers in the high density Parramatta and Canterbury-Bankstown council areas exchanged their properties for less than they paid for them, while about 15 per cent made a loss in Ryde. Sellers also made frequent losses in the Strathfield council area – which neighbours Sydney Olympic Park’s Opal Tower, a building residents were forced to evacuate in late 2018 due to dangerous cracking. About 16 per cent of sales in the area incurred a loss for the vendors, according to CoreLogic records for the September quarter, the latest with available data. Read more: x Nearly one in five sellers in high-rise suburbs lo... Unit owners in high-rise towers have been on a knife edge since multiple building disasters last year – and now research shows one in five lost money on their resales in some areas. www.realestate.com.au

0 Reply 4 Views 18Hr ago

InvestAus

Australian suburbs with highest sales last year

With three interest rate cuts, tax cuts and an ease on lending from the major banks, last year proved to be a big one for buyers and it seemed as though they all had their eyes on certain suburbs. These top selling suburbs were the cool kids of class 2019 – Pakenham in VIC topped the list with 924 sales followed by Adelaide with 612 sales. Try out our latest interactive to see if you are living in a top selling suburb. Details inside: x Suburbs with the most sales last year - realestate... Are you living in a suburb where it feels like 'for sale' signs are forever appearing? New realestate.com.au data reveals the suburbs across the country with the most sales of 2019. www.realestate.com.au

0 Reply 2 Views 18Hr ago

Robin

Top Property Locations for Profit in Australia Revealed

Sellers in Hobart could be the most likely to make a profit, new research shows. Find out which council region in your city is delivering the best gains. Hobart experienced the highest proportion of properties that sold at a profit during the September quarter of 2019. One way to spot a strong local housing market is to check how many properties are reselling at a profit, according to research house CoreLogic.They just released the Pain and Gain report for the September quarter of 2019, revealing the top property hotspots around Australia for profit-making sales. Sellers in Hobart were the most likely to experience capital gains though, with 98.1% of properties selling at a profit over the three months to September. In fact, in some Hobart council regions, 100% of property resales were profitable according to the report. Regional Victoria and regional Tasmania followed, with 96.6% and 96.4% of sales making a profit, respectively. In fact, regional markets thrived in general, outperforming the capital cities, with 88% of regional resales profitable compared to 87.1% of the state capitals. Top property hotspots for profitable sales in capital citiesThese locations recorded the highest percentage of all sales out of all local government areas in Australia’s capital city regions, according to CoreLogic:Brighton, Derwent Valley and Glenorchy in Hobart, plus Peppermint Grove in Perth and Macedon Ranges in Melbourne: 100% profit-making sales.Moorabool, Melbourne: 98.9% profit-making sales.Mosman, Sydney, plus Clarence in Hobart: 98.6% profit-making sales.Melton, Melbourne: 98.3% profit-making sales.Wyndham, Melbourne: 98.2% profit-making sales. Check out a city-by-city breakdown below.x Top Property Locations for Profit in Australia Rev... Sellers in Hobart could be the most likely to make a profit, new research shows. Find out which council region in your city is delivering the best gains. www.canstar.com.au

0 Reply 13 Views 22Hr ago

Simon

What does 2020 have in store for property investors

Following a year of two halves, 2020 could be a strong one for property investors if they look at the data, an industry expert has suggested. The data shows that a 1 per cent reduction in the cash rate leads to an 8 per cent increase over the following two years. With the Reserve Bank previously reducing rates by 0.75 per cent in 2019, and further rate cuts expected in 2020, demand for property in Australia will increase due to cheap loans. As Australia’s market continues to show strong signs of growth in 2020, commentary around it becoming unsustainable continues to rise. More information @x What does 2020 have in store for property investor... Following a year of two halves, 2020 could be a strong one for property investors if they look at the data, an industry expert has suggested. www.smartpropertyinvestment.com.au

0 Reply 8 Views 23Hr ago

Joshua

House v units: What trends does 2020 bring for property investment?

Last year, Australia’s property markets had a rollercoaster ride with continued record-low interest rate and faster than expected market recoveries in both Sydney and Melbourne along with a Federal Election and Royal Commission in the banking sector. But what can we expect in 2020 … and what trends will the brand-new decade bring for property investors? According to source, the number of people living in high-rise apartments (more than four storeys tall) has more than quadrupled, and one in 10 Australians now lives in a unit.According to CoreLogic data, apartments in growth areas located just outside of major cities are the best areas to invest in this year. It is important to do the research, though, and check that the area is not at risk of oversupply – as developers have set their sights on these hotspots first. Our quiet achiever Hobart is tipped to continue to perform well this year, with the Tasmanian capital demonstrating strong gains over the past five years for both houses and units. 2020 is set to be a great time to invest in apartments. But don’t make the mistake of thinking any apartment is a good investment – always do your homework and seek professional advice before leaping into any investment opportunity. Read more at:x House v units: What trends does 2020 bring for pro... Last year, Australia’s property markets had a rollercoaster ride with continued record-low interest rate and faster than expected market recoveries in both Sydney and Melbourne along with a Federal ... www.smartpropertyinvestment.com.au

0 Reply 10 Views 23Hr ago

Royal

Tips on how to sell your home in 2020: Cairns real estate update

The start of the year is always a great time to make new plans and for many, that will include selling a property. Here is everything you need to know to sell a home and (hint!) you can’t start the week before. THE start of the year is always a great time to make new plans and for many that will include selling a property.According to First National Real Estate Cairns principal and First National Real Estate board chairman David Forrest, there are several factors sellers must consider before listing – and underlining them all is the importance of being prepared. “Good preparation will maximise your price and minimise your stress – there is more to selling than jumping in the week before you put the property on the market,” he said. More detail:x Cairns real estate: Tips on how to sell your home ... The start of the year is always a great time to make new plans and for many, that will include selling a property. Here is everything you need to know to sell a home and (hint!) you can’t start the ... www.realestate.com.au

0 Reply 50 Views 1D ago

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General Property Discussion

Royal

Queensland: Trends and predictions for the Brisbane property market in 2020

Royal

Affordable Adelaide: Get the best of city life without the big price tag

Royal

Brisbane’s Cheapest rental suburbs near CBD

Robin

Australia's industrial property investment is greatly impacted by e-commerce

Sam2018

NSW: Oversupply of high rise apartments lead one in five seller loose money

InvestAus

Australian suburbs with highest sales last year

Robin

Top Property Locations for Profit in Australia Revealed

Simon

What does 2020 have in store for property investors

Joshua

House v units: What trends does 2020 bring for property investment?

Royal

Tips on how to sell your home in 2020: Cairns real estate update

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