Brisbane land values rise 10 per cent

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

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  1. Roosterman

    Roosterman Well-Known Member

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    It's one of four on a 815m block. It's gone from $710k to $930k

    I'm not sure, will have a good read of the OSR site. It does seem to be disproportionate.
     
  2. JDP1

    JDP1 Well-Known Member

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    Appeal on what grounds? The value of your asset went up- ofcourse thats more tax. Unless im misunderstanding, its like saying i want my salary to go up but not my income tax $.
     
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  3. JDP1

    JDP1 Well-Known Member

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    so im guessing thats about 160-180 sqm per unit assuming they are all same size.
     
  4. Roosterman

    Roosterman Well-Known Member

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    It's roughly 140sqm + 50sqm exclusive use on each title.
     
  5. Azazel

    Azazel Well-Known Member

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    Was yours a house or townhouse?
     
  6. Azazel

    Azazel Well-Known Member

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    That seems like a lot doesn't it.
    Any idea what the single dwelling blocks in the area go for?
     
  7. JDP1

    JDP1 Well-Known Member

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    now that quirk is going to retain office, values can rise by more than 10% in the coming years:). Should reduce business uncertainty ( that a new mayor would have brought) and the growth story can gather pace.
    Watch this space- its going to be more rapid acceleration than in the past.
     
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  8. big max

    big max Well-Known Member

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  9. JDP1

    JDP1 Well-Known Member

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    And the 4 yr terms look like to pass..thats good news as well from a business investment perspective. A lot of bigger projects are long term and need the Stability and assurances that 4 years provides as opposed to something shorter.
     
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  10. big max

    big max Well-Known Member

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    Yes. Will be positive indeed.
     
  11. Vanillascent

    Vanillascent Well-Known Member

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    Boondall QLD remained unchanged. It went up heaps last year though so yay for no rates increase despite my property value increasing approx 10% :).
     
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  12. JDP1

    JDP1 Well-Known Member

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    And this artile says similar...
    I have said before that journos read this forum for content :) not that there is anything wrong with that...but they get paid for that and we dont:)
    Fixed four-year terms a boost for infrastructure: business
     
  13. SueA

    SueA Well-Known Member

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    Our lot varies
    Kallangur 1 15%
    Kallangur 2 14%
    Burpengary 1 11%
    Burpengary 2 0
    Brackenridge 10%
    Caboolture 7%
     
  14. Pumpkin

    Pumpkin Well-Known Member

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    House
     
  15. Pumpkin

    Pumpkin Well-Known Member

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    I was going you might find something from the OSR website, or elsewhere.
     
  16. Cinch

    Cinch Well-Known Member

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    Why would one go up 26% and the other not at all in same suburb?
     
  17. Bran

    Bran Well-Known Member

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    I'm reading this forum to get paid. ;)
     
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  18. JK200SX

    JK200SX Well-Known Member

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    Hi, Does anyone have the link where you can input in the property details and it then provides you with the property valuation?
     
  19. wylie

    wylie Moderator Staff Member

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    Get the Bank of Queensland app. You punch in the address and it emails you a report that has lots of information. It gives UCV but actual valuation can be hit and miss and depends on many things. But it does provide comparables. So it is helpful. But take it with a grain of salt.
     
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  20. JK200SX

    JK200SX Well-Known Member

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    Wylie
    Thanks for the info, but at the time of this thread I remember someone posting a link from the SRO(or whatever it's called in QLD) that gave the actual land valuations?