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  1. R

    Anyone thoughts on Morningside or Norman Park

    Mid to high 6's on a 400ish block for a presentable home is good buying for Norman Park, 600's will push into the mid to high 7's easily for a good spot. Main road properties will sell for a little less. http://www.realestate.com.au/property-house-qld-norman+park-117529195...
  2. R

    Anyone thoughts on Morningside or Norman Park

    You will find that you are pretty limited with what you will be able to purchase in either suburb. Your typical home will be a 3 bedroom pre or post war home with 1 bathroom and perhaps a carport or car accommodation under. Often these were 2 bedroom cottages that had a sleepout converted into...
  3. R

    Small townhouses vs luxury townhouse?

    In your situation if you are looking to hold, would it be better to do 3, so in the future if you did need to sell one to move on another deal or for any other reason, you could release some capital without having to sell out of your whole development \ investment?
  4. R

    Anyone thoughts on Morningside or Norman Park

    I actively sell in both of these suburbs. Both are great suburbs, I would say that Norman Park is probably a more tightly held suburb, with Morningside having a larger number of units, and also a higher number of approvals currently underway or in the pipeline. Morningside has done really...
  5. R

    rochedale south or stafford qld

    I have sold houses in both locations (well Stafford Heights) and I feel that Stafford is a great area for growth and I certainly had more interest in the property that I had listed there than Rochedale South. In saying that the Rochedale South property was on a main road so that may have skewed...
  6. R

    Best agent recommendations or sell privately?

    And this is why it can be seen to be expensive to use an agent, unfortunately it is the people who take a lot of time up with this sort of thing, that vendors who end up listing have to pay for. In a contingent based profession agents have to make a living and this is why the high perceived...
  7. R

    Can real estate agent sell their own property?

    We can absolutely sell our own houses, no different to anyone selling their own home if they aren't an agent.
  8. R

    3 house for sale in one street

    Mascar street is has recently been rezoned and you need a few adjoining houses to get the best yield, this is pretty common
  9. R

    Selling - marketing

    This is true, you have to remember the browsing habits of buyers from this forum would be at the more educated end of the property hunting schedule, it isn't typical that an an educated buyer is paying the premium price for a home.
  10. R

    Gladstone QLD - How is it Going????

    Here is the bit from the bottom of that exact Matusik email (This is written directly below the email for more info button): Note: Matusik Property Insights receives a referral fee upon the sale of these projects.
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    Selling - marketing

    Feature listing online is pretty much the standard one these days, the upgraded ones are highlight and premier. It really does depend on how much competition there is in your suburb and where the target buyers are coming from. For example if you are in the surrounds of a major CBD (e.g...
  12. R

    Agent to represent me at house auction - Brisbane

    Typically the agency who has the property for sale will be able to have you on the phone with an agent, all you will need to do is to fill out a bidding authority form for them to bid on your behalf
  13. R

    buying in queensland

    The agent should be able to provide a contract for the purchase of property, and in most instances should really have it on display at the property during open homes and inspections.
  14. R

    City living noise

    I live in fortitude valley in one of the new towers right near the action, and I find it fine. Keep in mind though that I am a single 29 year old male that likes to get out and about most saturday night, and like the fact that I have lots of food options because I work very long hours. Even...
  15. R

    Cannon Hill

    Morningside sales price differ a lot depending on what section of Morningside the houses are in, where as there is more consistancy in the pricing of sales in Cannon Hill. Morningside is scattered between high on the hill bordering Balmoral with city views, though to the border of Seven Hill...
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    Cannon Hill

    I have been responsible for a large percentage of the sales of development sites in the Cannon Hill area and will be soon working with some of the resales of unit and townhouse stock as a result of the River Gateway Neighbourhood Plan. There is a fair bit of stock in the short term coming...
  17. R

    New development in Tenby St Mount Gravatt

    I would be looking at townhouse finished product in that area, there is a bit of unit stock that you would be competing with when it comes time to sell as a result of the recent rezoning
  18. R

    Your ideal development site

    Sometimes I think there is more value to be found in slightly trickier sites where you may have to solve some small issues. Normally the "perfect development sites" are the ones that you see the most competition on from experienced guys with deeper pockets, putting larger cash components into...
  19. R

    Development site in Ascot

    I have something in Hawthorne which is exactly the same development at the moment with comparable finished product costs, except the buy in price is $850K with approvals for an exisiting pre war house to be renovated to a 4 bedroom townhouse + and for a 4 bed and 4 bed townhouse for a total of 3...
  20. R

    6 unit build costs

    Which builder did you use if you don't mind me asking. Build prices have gone up quite a bit for a few of my regular developers and I'm always looking to help them out to squeeze a bit more margin wherever possible. Even if you send me a PM if you prefer that would be much appreciated!
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