Brisbane could see 50,000 new inner-city apartments added to skyline, industry expert says

Discussion in 'What to buy' started by jaybean, 27th Jan, 2016.

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  1. Azazel

    Azazel Well-Known Member

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    Azazel, 28th Jan, 2016
    #21
    joel and Bran like this.
  2. Hanison

    Hanison Well-Known Member

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    Monkey see, Monkey do, in Brisbane at the moment.
     
    Hanison, 28th Jan, 2016
    #22
  3. Esel

    Esel Well-Known Member

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    Not sure what you mean or whats objectionable about a glass balcony. Do you have a pic?
     
    Esel, 28th Jan, 2016
    #23
  4. Taku Ekanayake

    Taku Ekanayake Well-Known Member

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    It's no surprise Brisbane units saw a decline of 1.1% in the December Qtr. Houses are still good with a 1.5% growth in Dec qtr
     
    Taku Ekanayake, 28th Jan, 2016
    #24
  5. euro73

    euro73 Well-Known Member Business Member

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    Here's some reading for those interested
     

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    euro73, 28th Jan, 2016
    #25
    Tyler Durden likes this.
  6. Bran

    Bran Well-Known Member

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    According to Brisbane Times, whose headline was "Units are clearly the best buy at the moment after recording a 15 year growth low".
     
    Bran, 28th Jan, 2016
    #26
    Taku Ekanayake likes this.
  7. Taku Ekanayake

    Taku Ekanayake Well-Known Member

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    Is this for real?
    This is worrying, ppl actually listen to these headlines.
     
    Taku Ekanayake, 28th Jan, 2016
    #27
  8. Azazel

    Azazel Well-Known Member

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    Could still be a good buy in another 15 years.
    I'd prefer to wait and see what happens when all the current supply goes on the market.
     
    Azazel, 28th Jan, 2016
    #28
  9. sash

    sash Well-Known Member

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    There is silver lining in every story...most newer units are in larger complexes due to development cost and profitability of the development. If you own an older unit on say a 1000sqm block with say 4 units. You technically own 250sqm of land. Therein lies the difference. The newer units will push up the value of older units in certain suburbs...but not dead set in the CBD.
     
    sash, 28th Jan, 2016
    #29
    Bran likes this.
  10. Heinz57

    Heinz57 Well-Known Member

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    Kangaroo Point
     
    Heinz57, 29th Jan, 2016
    #30
  11. New Town

    New Town Well-Known Member

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    It may never happen.

    About 5 years ago they said 60k houses were to be built in Sydney's outer west. Never happened and prices shot up as a result of the city wide prolonged undersupply.

    That said I know in Brisbane they went bananas with town house developments in the 90's that suppressed price growth for a while
     
    Last edited: 29th Jan, 2016
    New Town, 29th Jan, 2016
    #31
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