QLD Brisbane does NOT look good

Yep....they are the best in Ipswich.

 

Steve also teaches the fundamentals of buying so when asking 'where to buy', there are many questions and answers that need to come first.

, now on with why Brisvagas doesn't look good....

 

I've been looking at East Brisbane myself personally, yields although lower then in the past are still respectable in my opinion, I've always loved older homes and homes with either city or water views and East Brissy tick those boxes for me, I'm not overly excited about the smaller land sizes but as stated the proximity to the city along with the above is enough to put it on my radar.
Long term hold for me and again just my opinion

 

Quite a bit of East Brisbane (region, not suburb) is seeing strong capital growth as well.

 

Cedar Woods Plans New Residential Development for Wooloowin

Not looking good for inner north. Going to be a nightmare for residence around there.
I am not looking forward to extra traffic.

 

Interesting block, unapproved units on sale

What price this may fetch, land value??

 

I would think it might sell for above land value, I don't know prices in Inala to give it an accurate price.

The house doesn't look all that great looks like a CUB did it (cashed up bogan).

 

I don't get it. It's LMR3:
PD Online - Property Enquiry
But no applications against it? Was it just the builder went belly up? What would it take to get approved as a proper duplex?

 

I imagine most would get the train

 

Maybe it is a "family" home built as a residence for siblings to live side by side, or for one slumlord to reside with all the other rooms to be let privately.
Maybe the owner/builder is from overseas and doesn't bother with Australian regulations.
Maybe there are no firewalls and the builder cut every corner possible.

Whatever, BCC can demand it be demolished and impose huge fines. I wouldn't want something that hasn't even had the slab approved.

Contact the liquidators directly for their story, which is probably confidential.

 

That's what all the nimbys say

 

Warner Investigation Area
Where I live we all received a letter from Council a few months ago to advise land up the road going up for rezoning. If the proposal is approved, there would be scope for massive development in the cow paddocks and bushland between Eatons Hill and Warner. The covering letter states that the proposal is for the SEQ Regional Plan yada yada 2041, and the section closest to EH will not be touched until after the northern development at Warner is completed.

Fast forward to the uproar about "all the traffic, building more roads, not enough schools already, all those high rises" etc......

From the same people who live across the road from an industrial estate and amongst the power lines radiating from Brendale.

Rolls eyes

 

The way that one is set-up and the area then the title holder may well be Vietnamese ,as they don't throw their older people onto the footpath in a taxi to the nursing home ..That one is built too cater for the grandparents down too the latest baby..Good Area just not sure if the flood line in that small pocket..imho..

 

Interesting to see who is buying this for what price and what they are going to do with it.

 

Just be glad they're not apartment buildings.
I wouldn't describe this development as high density.. they're 'terrace homes'. I reckon they're the best kind of development for progressing bne. They house a slightly higher density to fit a few more folk in but also focus on green space.
The Grange residences sold out in eight weeks.. the demand is definitely there for boutique townhouses. I wish council would ban new apartments and just approve these now

 

Building A, B, C is high density units 5 to 6 floors each from the proposal.
I do welcome that development as the Wooloowin Area needs some face lift and being 5km from the CBD with direct train and bus transportation - higher density living is a given.
I am guessing it won't be cheap for those terraces - $800k above if I have to take a guess.

 

The inner city is higher density for residential and commercial. It should be more.

 

These should do well. Close to rail. In a beautiful character neighbourhood but without the $1m price tag of a Queenslander there.
I think we will see a greater focus on townhouses given that anyone looking to develop a big land parcel will be scared by the oversupply.

 

Agree with you that your foresight was accurate. I didn't feel a boom coming like the hype on here suggested.
But looking forward I disagree with you. Long run relative price stays stable across capitals and Brisbane is too low in that regard. I think its the best place to invest at the moment given the massive infrastructure coming.
Where do you consider a better option looking forward? Brisbane and Melbourne have finished or are coming off booms. And BNE economy is much more optimistic than any of the other State capitals.