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And it could very well be true, given the AUD has being hit hard. Tourism and education is up, which means good things for GC. Short term you will probably see this benefit, yes. Long term I believe Brisbane will always have an advantage. Brisbane is simply more immune to currency fluctuations...

I've heard the GC to Brisbane trains are referred to by locals as the Mumbai Express or something due to the sheer volume of workers commuting each morning. But not in the opposite direction...

All three are coops, just as I predicted. And category does make a difference. "Condo" isn't just a more luxurious way to describe an apartment. There are hard legal / investment differences between a coop and condo. For starters, a lot of coops won't even let foreign investors buy. Some of...

I know someone who is retired, and his wife slaves away in some menial job to get by. They said they didn't want to move to Brisbane even though they've always dreamed of it, because there aren't any jobs there. I said your house is worth $1m. You could go to Brisbane, buy three townhouses for...

I doubt it. When I lived there 5 years ago half decent co-op 1 bedder's were already 500k. It's shot up in the last 5 years, no way you'd get anything half decent at that price.

I don't believe it. 500k for TWO bedrooms in central Manhattan? Show me a *non-coop* apartment for that price. Link please. And I do stress NON-COOP! In fact I think you'd struggle to find a co-op one at that price too. And people not familiar with NY real estate don't realise it's an apples...