How far is brisbane from a boom

never- once a country town, always a country town

 

OK, I will help you.

The top of the Brisbane boom is in 9 months, 2 weeks, 6 days, 10 hours, 6 minutes, 38 seconds time +/- a couple of years .

There, it is now on the public record.

 

Was getting very excited with your prophecy , eagerly writing it down...until i came to "+/- a couple of years"......what kind of a phoney wizard are you...

 

A dumb one as I don’t charge for my predictions .

Send me a couple of grand and I will remove the "+/- a couple of years” for you .

 

Our new business idea....

umm..I was thinking more of a partnership..

 

I don't need multiple accounts.

Don't get me wrong...I called the Mother of all Booms in Sydney.

Its just now...the cycle has passed.

Hopefully you don't lose you skirt on the duplex developments you are doin'.....lots of guys like you did the same thing last cycle...some never recovered....

 

From my observations and research, besides the Inner ring doing well (no boom percentages though) so far, these middle ring stretches have also done well especially if you bought free standing homes or something to develop. They stretch from (but not totally inclusive) Annerley to Salisbury on the South, Carina to Canon Hill on the East, Grange to Chermside on the North and Ashgrove to Enoggera on the West(ish) side.

 

Poll is a real mixed bag.

I have no clue when it will boom, so many threads on this and when it will happen...??? Still going

The question I would be asking myself if I purchased in Brissy over the last 3-5 years has it been worth it??? Financially, holding costs vs growth.
Perhaps some have made money?? but if holding costs have been painful and no growth... well that's not my idea of a good investment....
No one shoot me please.....

MTR

 

Answering the question in the title? About 921 km from the Sydney boom and 1669 km from the Melbourne boom if you drive

In all seriousness I have two properties in outer Brisbane and want that to boom as much as many others playing the waiting game.

 

Give her the "Read carpet Treatment" Idi Amin style!

Yeah...it has cost...but I expect it to turn...in the next 3 years. I know I bought some of mine super cheap....they could easily double....in price...

 

I can guarantee you it's been worth it for those who bought the right stock in the right locations at the right prices. I have zero doubts about that.

 

There's only 1.1m in BCC and 2.27m in the greater area.. link
there's a stack of land still available in developing suburbs (Taigum, Fitzgibbon, Rochedale and Burbank) and land is almost unlimited in the outer Councils (Logan, Moreton, Redlands).. not looking good for supply/demand.
No boom anytime soon, just slow steady growth..

 

Availability of land has nothing to do with anything IMO when it comes to regular housing, only in seaside places or very desirable places, this is where zero land will drive prices a lot harder.

So, yeah, in those places just steady growth more likely.

 

Yeah, you're right.. must be a total coincidence there is almost perfect correlation between population density & house prices for our capital cities..

Pop. per km2
Sydney 1,900
Melbourne 1,500
Brisbane 1,000
Perth 1,000
Adelaide 1,300
Australian cities among the largest and least densely settled in the world

 

Correct. I have asked a similar question to those who bought 3-5 years. Till date, no one has come forward and said they regret the purchase, and I know many did buy in last 3-5 years on this forum.
The ones who who are bearish on Brisbane seem to have never bought in the last 3-5 years or have but the wrong type and location.

 

All those who replied to the poll never - it's a country town etc.. Fess up ( excluding myself )

 

Bullseye.

 

Thr above comments by Leo and myself can be said about any market is type and specific location.. Including Sydney. The chances of making a dud purchase in Sydney in the last 3-5 years are less than Brisbane... But that speaks more towards the skill of the buyer than the market fundamentals ( which were price in even back then).

 

Oh mate, I didnt get you wrong did I?. Come on, I even suggested what your next career move could be based on your many talents. Have you ever seen anyone as nice as me?

You post about the Chinese buyers and what they buy or wont buy in Sydney, if one didnt know they would think you are the guy stamping their passports at the airport as they enter the country. Business or pleasure? what do you think about the auctions in Sydney? Do you also think the prices are falling?

But continue to enlighten us with the wisdom bestowed upon thee Oh the almighty property investor.

 

sometime in 5-7 years
Why I voted that - Labour gets in power again - that is what we will see for another cycle.
I dislike both political party as they are a bunch of "do nothing" play it safe people.