30 Apr Strata in the news

Strata in the news

Investing: apartment v house

The answer may not be as simple as one or the other and can depend on a variety of factors, including your own financial situation and investment goals.

Streamline Property qualified property investment advisor Melinda Jennison said everything from hidden costs, personal goals, location and land size needed to be taken into consideration.

Read the full article by Paige Carfrae from realestate.com

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Qualified property investment advisor Melinda Jennison talks about houses v apartments.
Brisbane apartment values are set to rise over the next two years, according to Moody’s Analytics. Photo: AAP/Ric Frearson.

Brisbane apartment market to outperform nation: Moody’s

Brisbane’s apartment market is predicted to outperform the rest of the nation over the next two years as it bounces back from a supply glut.

In good news for property investors, apartment values in the city are forecast to grow nearly 1 per cent this year before jumping 5.8 per cent in 2020 and climbing a further 5.3 per cent in 2021, according to Moody’s Analytics.

Read the full article by Elizabeth Tilley from The Courier Mail

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Why more families than ever are quitting Sydney and leaving for Brisbane

Sydneysiders are looking to buy property in southeast Queensland more than anywhere else in Australia, new data shows.

Exclusive research from Domain into out-of-area inquiries made by people living in Sydney has revealed that last year, more than 50 per cent were looking at buying property in Queensland. That’s up 5 per cent on 2017 inquiries and, so far this year, that figure is increasing again.

Read the full article by Ellen Hutton from Domain.com

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Lance and Kristi Burrows and their children Ruby and Kingston left Sydney’s northern beaches for Brisbane. Photo: Tammy Law
Tenders for Design of Second Centenary Bridge Sought Photo Credit: Kgbo [CC BY-SA 4.0 (https://creativecommons.org/licenses/by-sa/4.0)] / Wikimedia Commons

Tenders for design of second Centenary Bridge sought

Tenders for the detailed design for the second Centenary Bridge at Jindalee are now being sought, the Queensland Government announced.

The design should aim to improve traffic flow and ease congestion on the Centenary Motorway. The project, once underway, will also provide jobs through building the needed infrastructure, Queensland Premier Annastacia Palaszczuk said.

Get the full story from the Centenary Today website

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Revealed: Brisbane’s most sought after suburbs

Wilston has knocked trendy Paddington off its perch to become the most sought after suburb in Brisbane.

The city’s northside continues to be the most in demand when it comes to buying a house, according to new figures out today from online property portal realestate.com.au.

Read the full story by Elizabeth Tilley

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Rebecca Richardson with her two boys, Xavier, 5, and Owen, 2. Rebecca is selling her house in Coorparoo, which has been named one of Brisbane's most in-demand suburbs by Realestate.com.au. Photographer: Liam Kidston.Source:News Limited
NAB has left Brisbane’s two year house price forecast alone but revised Sydney downwards.Source: News Corp Australia

Sydney, Melbourne cop it as Brisbane 2-yr forecast holds

One of the Big Four Banks has revised its house price expectations, with Brisbane’s two-year forecast holding steady as Sydney cops the brunt of declines.

The National Australia Bank Residential Property Survey Q1 2019 now expects Brisbane to see a -1.8 per cent fall in house prices this year but the two-year outlook was unchanged at 0.

Read the full story by Sophie Foster

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