Brisbane: Mediocre Growth, Low Confidence, Beware Logan ...

Discussion in 'Property Market Economics' started by pugstar205, 21st Oct, 2015.

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  1. Kangabanga

    Kangabanga Well-Known Member

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    Yeah crime does happen anywhere. But this case is eyebrow raising if not a little unnerving, especially if you are living here in the southside suburbs and have a couple of kids...

    yes there is a crime map thingie here too :
    https://www.police.qld.gov.au/forms/crimestatsdesktop.asp

    need to run internet explorer with silverlight add-on to view it though.
     
    Kangabanga, 7th Nov, 2015
    #61
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  2. Biz

    Biz Well-Known Member

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    What does this have to do with the price of fish in Denmark?
     
    Biz, 7th Nov, 2015
    #62
  3. Tekoz

    Tekoz Well-Known Member

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    @Biz
    Are you sure you open the correct website :cool:?

    Make sure that your PC free of virus & spyware :D
     
    Tekoz, 7th Nov, 2015
    #63
  4. Michael_X

    Michael_X Mortgage Broker Business Member

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    Yes, I agree - very much like Western Sydney.

    The peaks and troughs will be more pronounced in this area.

    For a change, spent the day in Strathpine and surrounds today. Good potential there, market doesn't seem to be as hot as Logan.

    Cheers,
    Michael
     
    Michael_X, 7th Nov, 2015
    #64
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  5. Gen-Y

    Gen-Y Well-Known Member

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    I have noticed the theme of this thread - LOGAN gets mentioned alot.
    It is lower priced area and affordable right?
    In the same breath , it is also blue collar area which is most sensitive to job creation / loss as well as the RBA interest rates.
    Personally I have nothing against Logan as an area. But I am concerned if there are high investor activities, as opposed to owner occupier.
     
    Gen-Y, 18th Nov, 2015
    #65
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  6. Tekoz

    Tekoz Well-Known Member

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    Well, if that's the case worrying you, so how do we determine which suburbs has the most Owner Occupier as well instead of Investor ?

    I wonder how to look for that information on the Free website ?
     
    Tekoz, 18th Nov, 2015
    #66
  7. RetireRich101

    RetireRich101 Well-Known Member

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    I think the smart investor who buy in Logan will not try to hold forever.

    If it hits 500k in the next 5-8 years I am bailing
     
    RetireRich101, 18th Nov, 2015
    #67
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  8. RetireRich101

    RetireRich101 Well-Known Member

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    RetireRich101, 18th Nov, 2015
    #68
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  9. Tekoz

    Tekoz Well-Known Member

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    @RetireRich101 Logan... which means Park Ridge is part of Logan City Council too :eek:

    I guess the investor demand drives the price up everywhere in QLD, or in Logan particularly.
     
    Tekoz, 18th Nov, 2015
    #69
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  10. Phantom

    Phantom Well-Known Member

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    Sshh......Mike. ;)
     
    Phantom, 18th Nov, 2015
    #70
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  11. Special order

    Special order Well-Known Member

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    Not sure if anyone else has noticed but I've been trying to nab another under 300k and it's pretty much not happening.

    I remember when I started buying in Toowomba I grabbed a few cheapies and within 6 months everything jumped 20%.

    The feeling is the same now in Brisbane... That rea agents tension in the phone calls, the scarcity of cheaper properties, no email or SMS replies anymore. I have even had to start looking at woodridge and eaglby! Tough times
     
    Special order, 18th Nov, 2015
    #71
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  12. RetireRich101

    RetireRich101 Well-Known Member

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    Just watch out that they don't build one bedroom less...it's pretty common for OTP :p
     
    RetireRich101, 18th Nov, 2015
    #72
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  13. Heinz57

    Heinz57 Well-Known Member

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    Or Ipswich?
     
    Heinz57, 18th Nov, 2015
    #73
  14. Gen-Y

    Gen-Y Well-Known Member

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    :D If Logan hit 500k prices. My inner city house will be $1m...
    I can't argue with that logic.
     
    Gen-Y, 18th Nov, 2015
    #74
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  15. RetireRich101

    RetireRich101 Well-Known Member

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    Sydney is $1.5m to $0.5m. You sure you don't want to revise your figure? :p
     
    Last edited: 19th Nov, 2015
    RetireRich101, 18th Nov, 2015
    #75
  16. C-mac

    C-mac Well-Known Member

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    Logan Central and Woodridge have seen some minor median price increases in the past 6 months in particular, with ever decreasing stock-on-market numbers. Could be good times there but not sure how sustainable the gains will be! Maybe Logan's growth will be a short burst as opposed to a 2-3 year consistent growth burst?
     
    C-mac, 20th Nov, 2015
    #76
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  17. Tekoz

    Tekoz Well-Known Member

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    Hopefully not :confused:, Australand is a big name so yes, I have a lawyer connection in QLD working with me in this case.
     
    Tekoz, 20th Nov, 2015
    #77
  18. AndrewTDP

    AndrewTDP Well-Known Member

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    Yep.

    8 years and counting.

    We can't all make good decisions every single time.
     
    AndrewTDP, 20th Nov, 2015
    #78
  19. Tekoz

    Tekoz Well-Known Member

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    Why is that those developers avoid or against council rezoning ?

    if it is low density residential rezoned to medium/high density residential, then it is surely a big profit for them who already bought the land right ?
     
    Tekoz, 20th Nov, 2015
    #79
  20. Angel

    Angel Well-Known Member

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    They don't want anyone else to benefit from rezoning.
     
    Angel, 21st Nov, 2015
    #80
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