QLD 2020 is the year for Brisbane!

Discussion in 'Where to Buy' started by Realist35, 22nd Jan, 2020.

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  1. kierank

    kierank Well-Known Member

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    Pretty sure all the intelligent people from Victoria and NSW have migrated to QLD pre-COVID :p.
     
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  2. kierank

    kierank Well-Known Member

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    Totally agree.

    I wish Anastasia would completely locked our borders (like South Australia) until Victoria and NSW get their situations under control.

    Obviously it would require a special pass for the locals on both sides of the border who need to cross for work, school, doctors, etc.

    I know it is not gonna happen - too many people don’t want to take COVID seriously.
     
  3. Angel

    Angel Well-Known Member

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    That's the spirit
     
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  4. kierank

    kierank Well-Known Member

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    You understand my wicked sense of humour :D.
     
  5. wombat777

    wombat777 Well-Known Member

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    My properties are in MBRC.

    The first time in the 4-5 years I have held them that I have been called by admin staff at the agent to see if I want to sell. I've received letters in the past but no calls.
     
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  6. qwertyui

    qwertyui Well-Known Member

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    Under covid, Qld vs Nsw/Vic is a smaller scale of Australia vs Us/Uk.

    Australia is not doing anything brilliantly in controlling the covid, actually recent info shows how pathetic the compliance level people and some authorities are practicing. Anyway, its The 4-6 weeks lag of covid wave due to the lower lever of international activity (comparing To us/uk) and geography has provided Australia a golden time for covid action and policy. Had Australia been hit by covid wave simultaneously as Us uk, things are very different now.

    You may call its luck but this will be a constant luck that Qld will always be 4-6 week lag of covid wave comparing to nsw/vic in my opinion (Most if not all international flights are directed to Nsw / Vic for example)

    Also, the flat rate stimulus from government means more real money is actually pouring into Qld than Vic/nsw. Given the same job keeper amount, lower rent/mortgage pmt due to lower market price means lower mortgage stress, higher net saving ... under the scheme. Similarly, the same threshold of property test for the 25k homebuilder program will attract a higher number of Applications and grants applicable to qld.
     
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  7. DueDiligence

    DueDiligence Well-Known Member

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    Virus only cares for 2 things;

    Complacency
    Host
     
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  8. kierank

    kierank Well-Known Member

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    With so much luck, Brisbane must be about to boom :p.
     
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  9. vbplease

    vbplease Well-Known Member

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    I’ve noticed a few recent sales in my neighbourhood (inner north) have been (a) off market, and (b) slightly more than comparables 6 months ago.. anyone else notice similar? Could it be more Melb/Syd folk looking to escape?
     
  10. fols

    fols Well-Known Member

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    Brisbane has resumed the very strong momentum it had pre COVID. Look forward to seeing what the next 12-18 months will deliver.
     
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  11. Andrew Allen

    Andrew Allen Well-Known Member Business Member

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    Seems to be the case, there is a lack of good quality compared with 12 months ago and it's well contested when available. The high end market in Brisbane is doing very well which is interesting.
     
  12. Jockosaurus

    Jockosaurus Well-Known Member

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    I agree that lack of supply seems to have balanced out the covid fears, though it could all change once Jobkeeper starts to go. Interesting that the top end is doing well- not what I and others predicted!
     
  13. Hebro

    Hebro Well-Known Member

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    We have some northern Gold Coast. Agents reporting strong enquiry, including interstate.
    One that didn't sell a year ago, sold after tenants moved out for 10% more than last year's listing price, in a week.
     
  14. Vertigo

    Vertigo Well-Known Member

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    Herron todd white has Brisbane in a declining market
     
  15. C-mac

    C-mac Well-Known Member

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    Listings and sales volumes in the middle ring southern suburbs 5-10km out, seem to be doing well. Can't comment on other localities though.
     
  16. BB5

    BB5 Well-Known Member

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    I swear prices have gone up a reasonable amount in the likes or Ferny and Arana Hills during covid.

    Nice sized blocks and not too far out of the city a good mix for the future workforce who splits WFH/Office?
     
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  17. Gen-Y

    Gen-Y Well-Known Member

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    I have just bought a property at Stafford 4053. :rolleyes:
    It is hot in the area. Not many stock, but plenty of interest.
     
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  18. Skinman

    Skinman Well-Known Member

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    Yep just had a Val done on my place in Ferny Hills and was pleasantly surprised. :)
     
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  19. Robbo80

    Robbo80 Well-Known Member

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    Make sure you lock these first timers in with long leases! A nasty wet season is forecasted for QLD and incoming. Melbourne weather is beautiful right now and only going to get better. :D
     
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  20. Gen-Y

    Gen-Y Well-Known Member

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    Anyone else buying Brisbane during these time?
    Where are those professional investors?
    Would love to hear some of them chime in.