25 THs. As mentioned BC equates to $35 a week.
My point being that great relatively risk free opportunities are available in Brisbane without fear of buying into a bubble or at the top of the cycle.
Next IP in Sydney or Brisbane?
- Thread starter kennyboi
- Start date
25 THs. As mentioned BC equates to $35 a week.
My point being that great relatively risk free opportunities are available in Brisbane without fear of buying into a bubble or at the top of the cycle.
Similar to the which Brisbane suburbs thread, I am following this thread with interest as I am considering investing in Brisbane.
I just read the following article on apartments reaching an oversupply in inner city Brisbane. I found the article via Pete Wargent's blog, which I generally find has good information. What do people think of this?
http://matusikmissive.com.au/2014/08/19/7585/
I just read the following article on apartments reaching an oversupply in inner city Brisbane. I found the article via Pete Wargent's blog, which I generally find has good information. What do people think of this?
http://matusikmissive.com.au/2014/08/19/7585/
Would agree with Michael Matusik. He normally makes a lot of sense.
I want to buy somewhere that will boom after I've purchased, also I'd like my shares to go up in value shortly "after" I've purchased them, but back down again when I'm ready to purchase more and up again thereafter.....Please
Sounds like a solid investment strategy redwing, why didn't i think of that!
I do think brissy has alot of potential upside in it. I think at some point the gap between bris / syd prices has to close up a touch, hopefully thats by brissy booming rather than a correction!
I do think brissy has alot of potential upside in it. I think at some point the gap between bris / syd prices has to close up a touch, hopefully thats by brissy booming rather than a correction!
Brisbane seems to have an oversupply of developments lately. I'd almost bet we'll see more growth in Syd next 18 months, despite already very elevated prices. Also, one of the biggest drivers, Asian immigrants, still opt Syd over Bris.
brisbane within 12km to CBD and HOUSES.
Brisbane.
Almost anywhere you buy in Sydney now the prices are inflated due to the recent strong uptrend. Discounting is almost non-existent .
Brisbane hasn't seen much growth over the last decade and the floods certainly didn't help. Most indicators are pointing to it being on the rise (slow and steady) and as the herd hear more of this and increasing positive media reports on Brisbane etc the money will start pouring in. Same story every time. On a personal note: GO HOLLAND PARK WEST!!! WOO HOO!!
Brisbane.
Almost anywhere you buy in Sydney now the prices are inflated due to the recent strong uptrend. Discounting is almost non-existent .
Brisbane hasn't seen much growth over the last decade and the floods certainly didn't help. Most indicators are pointing to it being on the rise (slow and steady) and as the herd hear more of this and increasing positive media reports on Brisbane etc the money will start pouring in. Same story every time. On a personal note: GO HOLLAND PARK WEST!!! WOO HOO!!
Agree with this article here, and note the type of apartments that he is talking about:
"But importantly, the nature of the current supply ? a lot of it being downtown apartments & most of that in mid-to-high rise apartments ? isn?t catering for the demand. When we break down the demand by market segment, we see a great demand for new product catering for downsizers & retirees in Brisbane. High-rise apartments, especially in large & I dare say, somewhat soul-less complexes, have very little appeal to many aged over 60 years."
These types never make good investments at the best of time anyway. Stick to the boring and ugly older brick units in small complexes and you'll be fine.
Agree With Starter. But if you can afford it, go for a house within 10km from the CBD with decent land size if possible. If it could be developed down the track even better (but I know its asking for much haha) Brisbane is a house market in my opinion. Yes I know there are different demographics but overall I think its a house market for best long term CG.
Leo
Leo
