Adelaide vs Brisbane

Discussion in 'Where to Buy' started by D.T., 2nd Sep, 2015.

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  1. D.T.

    D.T. Specialist Property Manager Business Member

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    So I'm reading this months API magazine (Oct 15) and its got a stats section in the back which has some stats worth discussing.

    Auction clearance rate:
    Adel 58.6%
    Bris 51.3%

    Average days on market:
    Adel 102 (down 5.6%)
    Bris 104 (up 18.2%)

    Rental vacancy rate:
    Adel 1.9%
    Bris 2.5%

    Adel top 5 suburbs for quarter growth
    Blackwood 47.6%
    Wallaroo 45.5%
    Redwood Park 37.1%
    Virginia 33.9%
    Crafers West 31.9%

    Bris top 5 suburbs for quarter growth
    Mornington 33.9%
    Pie Creek 26.4%
    Ayr 25.4%
    Stafford Hts 21.8%
    Kilkivan 21.1%

    Some telling figures...
     
    D.T., 2nd Sep, 2015
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  2. Sackie

    Sackie Well-Known Member

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    Sackie, 2nd Sep, 2015
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  3. See Change

    See Change Well-Known Member

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    Yes DT

    It shows that Adelaide has gone up more than Brisbane .....

    So I'm happy to be buying in Brisbane now .....:rolleyes:

    Place I've bought most has a vacancy rate < 1 %

    On the ground I'm not seeing days on the market anything like that and now I'm seeing the properties that have been on the market for a few months , selling in last couple of months

    Cliff
     
    See Change, 2nd Sep, 2015
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  4. Guest

    Guest Guest

    lol, suggest any interstate parties check the locale of those "top 5 growth suburbs" for Adelaide. Very deceptive. Probably a huge price jump due to a low number of sales, they are all outer suburbs/rural (may be the same for Brisbane though). Wallaroo isn't a suburb of Adelaide.

    Auction clearance rates are not worth comparing in either city due to low numbers.

    Rental vacancy rate is interesting, but probably more so a result of the level of apartment construction finishing in Brisbane?
     
    Guest, 2nd Sep, 2015
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  5. HUGH72

    HUGH72 Well-Known Member

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    I would suggest the BN days on market figure is BS
    Edit or more correctly what has happened not what is happening
     
    Last edited: 2nd Sep, 2015
    HUGH72, 2nd Sep, 2015
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  6. Rixter

    Rixter Well-Known Member

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    Last edited: 2nd Sep, 2015
    Rixter, 2nd Sep, 2015
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  7. See Change

    See Change Well-Known Member

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    The best thing about this thread DT is it MAY keep Brisbane out of the Adelaide threads . Not that there's been any need to keep Adelaide out of Brisbane threads ....;) ;)

    Cliff
     
    See Change, 2nd Sep, 2015
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  8. Sackie

    Sackie Well-Known Member

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    Some stats are a year and a bit old though.
    Pop.jpg

    LF6.jpg 7.jpg 1_1 - employment.jpg

    jc4.jpg
    Pop.jpg
    LF6.jpg
     
    Sackie, 2nd Sep, 2015
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  9. JDP1

    JDP1 Well-Known Member

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    I didn't know as areas such pie Creek, Kilkivan etc were in brisbane...
    A useful comparisson may be bcc vs Adelaide cc.
     
    JDP1, 2nd Sep, 2015
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  10. HUGH72

    HUGH72 Well-Known Member

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    Must be for Qld not BN? Ayr ...south of Townsville
     
    HUGH72, 2nd Sep, 2015
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  11. devank

    devank Well-Known Member

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    Data Source: ABS Property Price Index
    Divided Adelaide index by Brisbane index (Blue line).
    Orange line is the starting point Sep 2003.


    upload_2015-9-2_19-11-41.png
     
    devank, 2nd Sep, 2015
    #11
  12. D.T.

    D.T. Specialist Property Manager Business Member

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    Brisbane is the only city that has a massive whole council like that so none of the others would be able to compare.

    Yeah , same goes for a couple of the SA places. Not sure why they do that
     
    D.T., 2nd Sep, 2015
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  13. Bran

    Bran Well-Known Member

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    Screen Shot 2015-09-02 at 7.18.26 pm.png Um.

    Melbourne is closer to Brisbane than Mornington (1600kms vs 1800kms).

    In my view, Brisbane's proximity to Asia is going to be a huge factor this generation. Cairns also, for that matter.

    And the time on market is more than double any of the areas in Brisbane that I have properties, or am watching.
     
    Bran, 2nd Sep, 2015
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  14. Nemo

    Nemo Well-Known Member

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    Something I learned from the last thread- I couldn't care less where anyone else invests. If it works for me, good. No need to justify to anyone else.
     
    Nemo, 2nd Sep, 2015
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  15. MTR

    MTR Well-Known Member

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    Me too, I don't care what anyone says I am going to buy in Karratha...:p:confused:
     
    MTR, 2nd Sep, 2015
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  16. D.T.

    D.T. Specialist Property Manager Business Member

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    Iron ore might take off again! :p
     
    D.T., 2nd Sep, 2015
    #16
  17. MTR

    MTR Well-Known Member

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    That's what I think... I am working on 10 years. LOL
     
    MTR, 2nd Sep, 2015
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  18. sash

    sash Well-Known Member

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    Now you are taking the ****....:rolleyes:

    If you are saying Adelaide will have more growth than Brissie.....then I disagree....

     
    sash, 2nd Sep, 2015
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  19. Agent99

    Agent99 Well-Known Member

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    Iron ore will take off when G.R. has one less bottle of Moet for brunch :D
     
    Agent99, 2nd Sep, 2015
    #19
  20. HUGH72

    HUGH72 Well-Known Member

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    Either way I'm hoping both of these underperformers run hard, they are both looking undervalued compared with the other capital cities
     
    HUGH72, 2nd Sep, 2015
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