QLD Brisbane does NOT look good

Anyone been to this auction?

 

Interesting... the most expensive 10% of Brisbane performed the worst?

 

The real question is how have some of the top areas performed over the last 2-3 years. Staggering well.

It's like ppl saying Sydney is going down, biggest decline since x, y and z. But how has much of Sydney AlREADY performed over last 4 years.

 

I know, completely true with Sydney. 100% growth in many areas in the most recent cycle. And I reckon you are right, top end of Brisbane has probably been the strongest segment of the Brisbane market over the past couple of years.

 

Well speaking from my own purchases over the last few years: Camp Hill, Holland Park, Holland Park West, New Farm, Seven Hills, Norman Park and Morningside...Ive experienced some phenomenal growth up to 60% with free standing homes.

 

You must be doing very well with that portfolio. And just well in general to be able to buy in those areas. Incredible

 

Thanks @kcbworth. Bought at the opportunistic part of the state cycle. Probably a little early but getting perfect timing is impossible unless you're lucky. Also a couple of those are development sites so the profits will be magnified when complete. I also knew Brissy is a housing market and distance to the CBD is paramount for best results so I only focused on large blocks in the Inner and Middle rings.