QLD Brisbane is booming 2021

Discussion in 'Where to Buy' started by gman65, 14th Jan, 2021.

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  1. Patrick Bateman

    Patrick Bateman Well-Known Member

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    as long as we makes tonnes of money we can cash out and move to the next Brisbane if required . It will take us a long time to get anywhere near as bad as Sydney and we will never have the crappy weather of Melbourne so we’re good
     
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  2. Mulianto

    Mulianto ~~

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  3. Patrick Bateman

    Patrick Bateman Well-Known Member

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  4. Mulianto

    Mulianto ~~

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    Yea, paid subscription but data is lagging like anywhere else at the moment hehehe
     
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  5. Patrick Bateman

    Patrick Bateman Well-Known Member

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    From what I am seeing things broadly seem to be selling for the domain ‘high’ estimate plus 10-20% which is crazy !!
     
  6. Mulianto

    Mulianto ~~

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    I find Domain estimates to be quite inaccurate. Corelogic is quite close and most REAs based their estimate from there.

    No hurt in expecting 10-20% higher than estimates at the moment though hehehe Especially if the property is desirable
     
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  7. Patrick Bateman

    Patrick Bateman Well-Known Member

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    I’m retrospectively checking them after they sell for example that chermside west one was 12% above the high . They are pretty uniformly aligning to that trend
     
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  8. Mulianto

    Mulianto ~~

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    If you need to know the Corelogic estimate of a property let me know. I will look it up for you mate
     
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  9. Mulianto

    Mulianto ~~

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    No worries, 990 k with medium confidence, meaning lagging, should add 10-20% easily
     
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  10. Patrick Bateman

    Patrick Bateman Well-Known Member

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    Thanks mate !
     
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  11. Mulianto

    Mulianto ~~

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    My estimate will be 1.1-1.2 with a bit of reno, landscaped, staged :cool:
     
    Last edited: 23rd Jul, 2021
  12. Patrick Bateman

    Patrick Bateman Well-Known Member

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    I’m knocking it over lol . Just starting the design process for the build
     
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  13. MissMel

    MissMel Well-Known Member

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  14. Mulianto

    Mulianto ~~

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  15. MissMel

    MissMel Well-Known Member

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  16. Mulianto

    Mulianto ~~

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    Lol yeah…

    Corelogic estimate 725k. I think the owner should expect 800+ for that one. Great profit for them in a year and a half.
     
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  17. ecca15

    ecca15 Active Member

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    I think you’ll find the average age of people in Brisbane is 15 years behind Sydney too.
     
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  18. Thedoc

    Thedoc Well-Known Member

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  19. Patrick Bateman

    Patrick Bateman Well-Known Member

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  20. Mulianto

    Mulianto ~~

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    It sold for 750, Corelogic estimate 650. But not much profit for the previous owner as they bought it for 623k in 2012, most probably overpaid for it.
     
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