This week in the news, another boost in home lending; home values continue to rise; economists review our flourishing housing market; and for Valentine’s Day, we look at houseplants with heart-shaped leaves…
Everywhere we look at the moment, the media is reporting that Brisbane property prices are on the rise. The data matches our own experience. Units and houses are selling within days of being listed and often attracting multiple offers. Four of our recent listings were snapped up by overseas investors or buyer's agents with large databases of people keen to move to Brisbane or invest here.
If you are a buyer, you need to have decided upon your list of essential and desirable features for your home and preferred suburbs and have done a lot of online research so that when a property matching your criteria does come up, you can make an informed and fast decision without losing out to another buyer. You can set up alerts in
www.realestate.com.au for new listings in your chosen suburb so you are emailed as soon as they come onto the market. You can obtain free suburb profiles from
http://www.realestate.com.au/neighbourhoods/ to find out the median house price for an area, the supply of properties versus the demand, the demographics of the population and the number of properties sold in the last six months.
If you are a potential seller, you can obtain a comparative market analysis by emailing me at a
dam.nobel@spaceproperty.com.au. You will receive a report of sales in your street, current comparable listings in your suburb, and an idea of what your home is worth in this rising market. For a more accurate equity analysis, you can request an onsite visit simply by calling 0417 007 001.
Tomorrow morning we have our first Saturday open for inspection at 64 Brook St, Windsor and expect to have it under contract by the end of the day. We have also listed four brilliant properties this week (photos coming soon):
- 15/10 Lower River Terrace, South Brisbane. A stunning river and city view apartment with 2 bed, 2 bath, 2 car.
- 1/126 Gainsborough street, Moorooka. A 3 bed, 2.5 bath, 1 car townhouse less than 5 kms from the city.
- 26 Brydon Street, Highgate Hill. A contemporary 5 bed, 3 bath, 2 car home in the Brisbane State High Catchment area.
- 19 Bilyana street, Balmoral. A gorgeous 3 bed, 2 bath family home with flat fully-fenced yard. Walk to Oxford Street Bulimba in under 5 minutes.
Why not beat the hordes and make an offer on one of these great value properties BEFORE they go online? Call me to arrange a private viewing.