Brisbane tipping point - strong price growth over 2019 to 2022

SQM have current overall vacancy rate at 2.5%



Domain have it lower at 2.2%



Domain Rental Vacancy Rate June 2019: Vacancies continue to rise in Sydney and Melbourne

Perth and Brisbane each saw a 20 basis point decline in the rental vacancy rate, while Perth continued to exhibit the largest year-on-year decline at 80 basis points.

The Adelaide rental vacancy rate has fallen to just one per cent, having trended down from 1.5 per cent over the past two years. Since June last year, Adelaide has overtaken the ACT with the second-lowest vacancy rate.

The lowest June rental vacancy rate is in Hobart, which was unchanged over the month at 0.4 per cent. As of June 30, there were an estimated 110 vacant properties across the entire city.

 

Hmm given Domain disclaimer at bottom, states based on adjusted Domain rental listings,
I would have thought the data would be less reliable in states other than NSW where Domain has relatively smaller market share in comparison with REA group. Perhaps just use SQM data as a better indicator (not a plug but if using greater sample size should be better data).

 

Gone in five days as falling rates spark rise in investors

 

You don't need to be a brain scientist or a rocket surgeon to predict Brisbane. Houses will tick up 3% per year as the supply falls (knocked down to build town houses) and land value increases. Townhouses and units will stagnate as the supply increases and the asset starts to disintegrate. The results will be amplified based on proximity to the CBD - the traffic is getting pretty hideous and the idiot climate change protestors are making it worse. You can still buy a pretty dated house within 10km of the CBD for around 500k (probably a touch over) but I suspect this won't last long. CSG activity is driving a bit of an economic boom in the capital, although ironically not in the regions.

 

Brisbane boom is now inevitable.. it’s actually closing in on Trump and a certain female body part in terms of popularity on the internet.

 

Fantastic analysis. Thanks for posting.