Brisbane land values rise 10 per cent

Discussion in 'Property Market Economics' started by Sackie, 3rd Mar, 2016.

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  1. dabbler

    dabbler Well-Known Member

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    I think they are confused themselves about unimproved land, maybe after you develop it becomes improved unimproved land ?
     
    dabbler, 8th Mar, 2016
    #61
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  2. wylie

    wylie Moderator Staff Member

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    Value of the land has nothing to do with rent increases (unless everybody raises the rent together).
     
    wylie, 8th Mar, 2016
    #62
  3. Bran

    Bran Well-Known Member

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    Can we arrange this? Just enough to stop my places being negative, I'm not interested in actually making money.
     
    Bran, 8th Mar, 2016
    #63
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  4. Sackie

    Sackie Well-Known Member

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    @Bran You made your money the second you purchased that good deal. The money is made. Will just take a little time for the money to be realized mate ;)
     
    Sackie, 8th Mar, 2016
    #64
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  5. Bran

    Bran Well-Known Member

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    Thanks mate.
     
    Bran, 8th Mar, 2016
    #65
  6. Azazel

    Azazel Well-Known Member

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    That's what I'm thinking.
    If everyone's costs go up, everyone might be thinking of recouping those costs.
     
    Azazel, 8th Mar, 2016
    #66
  7. wombat777

    wombat777 Well-Known Member

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    Land value for my 600sqm property in Deception Bay went from $165k to $182.5k. That's over 2 years. Works out at around 5.5% per year.
     
    wombat777, 10th Mar, 2016
    #67
  8. Propagate

    Propagate Well-Known Member

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    Yes, mine! Everton Park no change at all, Bracken Ridge up about 5%
     
    Propagate, 11th Mar, 2016
    #68
  9. lewy89

    lewy89 Well-Known Member

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    Ferny Hills mine went from 280k to 320k in the space of 2 years
     
    lewy89, 11th Mar, 2016
    #69
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  10. dan2101

    dan2101 Well-Known Member

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    Keperra up from $280-310k
    Runcorn no change?
     
    dan2101, 11th Mar, 2016
    #70
  11. TFE

    TFE Active Member

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    Stafford - no change. find that hard to believe. But at least it keeps me under the threshold. Any reason to be concerned about no increase?
     
    TFE, 13th Mar, 2016
    #71
  12. JDP1

    JDP1 Well-Known Member

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    numbers are always a bit tricky. Depends on methodology used. Look at this link and see the 6.92% annual CG and also the growth over successive years for stafford:
    Free Suburb Profile report for Stafford QLD (4053)
    Yep, id say its moved.
     
    JDP1, 13th Mar, 2016
    #72
  13. Azazel

    Azazel Well-Known Member

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    Looking at the previous trough and the subsequent growth I wouldn't be too concerned.
     
    Azazel, 13th Mar, 2016
    #73
  14. kierank

    kierank Well-Known Member

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    Yep, happy with that but the only one for me. All the others went up.
     
    kierank, 13th Mar, 2016
    #74
  15. Whitecat

    Whitecat Well-Known Member

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    Does raise questions about how the govt does their valuations though. Anyone know what their criteria are eg a new costco means a 20% increase?
     
    Whitecat, 14th Mar, 2016
    #75
  16. Roosterman

    Roosterman Well-Known Member

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    A 10% increase for a Clayfield unit and up a massive 30%+ for a Coorparoo townhouse
     
    Roosterman, 17th Mar, 2016
    #76
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  17. Azazel

    Azazel Well-Known Member

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    Woah. What's the land size for the townhouse?
     
    Azazel, 17th Mar, 2016
    #77
  18. HUGH72

    HUGH72 Well-Known Member

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    Decent increase in the year before but the latest land valuation I received for a house in Everton Park showed no increase. Steady at 385k.
     
    HUGH72, 17th Mar, 2016
    #78
  19. Azazel

    Azazel Well-Known Member

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    Does yours have any development potential after they changed the zoning up there?
     
    Azazel, 17th Mar, 2016
    #79
  20. Pumpkin

    Pumpkin Well-Known Member

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    Plus one for Coorparpoo.

    Are you going to appeal?
     
    Pumpkin, 17th Mar, 2016
    #80
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