Hi from Brisbane!

Discussion in 'Introductions' started by ToeKnee, 2nd Nov, 2019.

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  1. ToeKnee

    ToeKnee Active Member

    Joined:
    2nd Nov, 2019
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    Location:
    Brisbane
    Hello all,

    Anthony is my name, I’m Brisbane based and full disclosure, I’m an agent

    I was brought here by a property developer Facebook page I’m on and someone had mentioned property chat as a great source of knowledge. From a quick scan there is heaps of quality info and hopefully I can not only absorb some of that information, but contribute and help others also.

    While I am an agent, I’m really keen to learn as much as possible in relation to the development of sites both large and small and when ready looking into acquiring my own sites.
     
  2. Jamie Moore

    Jamie Moore MORTGAGE BROKER - AUSTRALIA WIDE Business Member

    Joined:
    18th Jun, 2015
    Posts:
    3,614
    Location:
    Canberra, Brisbane and Sunshine Coast
    Welcome aboard :)

    Cheers

    Jamie
     
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  3. Sackie

    Sackie Well-Known Member Premium Member

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    Location:
    Bondiliciously Beachy
    Hi @ToeKnee , Welcome.

    How's the Brissy inner-middle ring housing markets doing these days?

    Are you seeing any increased activity? Or more demand for certain types of stock?

    Cheers.
     
  4. ToeKnee

    ToeKnee Active Member

    Joined:
    2nd Nov, 2019
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    Location:
    Brisbane
    Hi Sackie,

    I am seeing an increase of people at open homes and lower days on market vs the first 5 months of the year. It is still a very cautious market though, people are not throwing crazy offers and lack urgency unlike 24 months ago.

    I work in a strong family orientated area, and new builds or well renovated homes are proving to be in higher demand than property needing work. Funnily enough, I believe in some areas there is opportunity to build new and have instant equity.
     
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  5. Sackie

    Sackie Well-Known Member Premium Member

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    Good to have more confirmation, as this is primarily what I focus on.

    Cheers
     
  6. Leeroy93

    Leeroy93 Well-Known Member

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    26th Jan, 2017
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    Location:
    Brisbane
    Welcome to the community! I've also got some blocks coming to market soon so its great to have some on-the-ground feedback as to what's happening in the market. Don't hesitate to put forward your opinion and be honest about your role as an Agent. This is a fantastic resource for all property, business and learning enthusiasts.
     
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  7. ToeKnee

    ToeKnee Active Member

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    2nd Nov, 2019
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    Location:
    Brisbane
    Thanks Leeroy93,

    Do you have a post for the site your working with at the moment? If not, what area and what are you up to?

    Funnily enough, I’m always up for offering my opinion on property. It does get slightly more generic though when it’s out site of my “core area” we definitely have a market inside a market in Brisbane.

    And while I’m excited about the prospect of providing valuable feedback and insight where possible, I’m just as excited to listen, learn, and celebrate others victory’s.
     
  8. George Smiley

    George Smiley Active Member

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    12th Dec, 2017
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    Location:
    Sydney
    Hi Leeroy, do you have any exposure to outer-ring suburbs? If so has there been any discernable increase in activity over the last few months?
     
  9. Leeroy93

    Leeroy93 Well-Known Member

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    Location:
    Brisbane
    Hi George, I think ToeKnee could provide better insights into market movements. I'm not an agent and my focus is largely on middle/inner ring suburbs. I do know many Buyers Agents have been active in some of the Outer Northern Suburbs and Moreton Bay region. The Sunshine Coast Uni is a popular marketing tool to encourage investors, particularly with affordable/cash flow positive price points available in close proximity. In my view some reputable agents are providing better long term opportunities for clients outside those areas many BAs are pushing.
     
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  10. ToeKnee

    ToeKnee Active Member

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    Location:
    Brisbane
    Others might have different opinions or seeing other things, but here is my very generalised over view

    More active buyers - Yes
    Urgency with buyers - No
    Multiple offers - yes
    People paying overs - no
     
  11. Jess Peletier

    Jess Peletier Mortgage Broker - Australia Wide Business Member

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    Location:
    Perth WA
    Its the complete opposite here in Perth - new houses depreciate like cars here!
     
  12. See Change

    See Change Well-Known Member

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    Hi ToeKnee

    Can you tell us which geographical area you work in , West , east etc

    Cliff
     
  13. ToeKnee

    ToeKnee Active Member

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    I know a few people who have been burnt by the WA market. Do you see a turn around coming anytime soon?
     
  14. ToeKnee

    ToeKnee Active Member

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    Location:
    Brisbane
    Office is located North West of the city. 8-12kms from the city.
     
  15. Rolf Latham

    Rolf Latham Inciteful (sic) Staff Member Business Plus Member

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    Location:
    Gold Coast
    Welcome to the zoo

    Ta

    Rolf
     
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  16. Jess Peletier

    Jess Peletier Mortgage Broker - Australia Wide Business Member

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    18th Jun, 2015
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    Location:
    Perth WA
    I reckon we're basing out - the rental market is picking up which is great, and employment in mining is strong so hopefully we can at least see some stability in prices.