Best of Wishes this New Year’s Eve from LJ Gilland Real Estate – The State of the Nation 2014/15

Happy New Year 2015

 

The Australian real estate market has bounced back strongly since it bottomed after the global financial crisis and new information revealing the best performing regions. I

n Queensland, Brisbane house values rose 11 per cent since its previous trough in December 2012 while unit values increased 7.7 per cent.Brisbane has been relatively flat for the past four years, and it has been reported that investors are starting to see that Brisbane is likely to see an upward level of activity.

Features of the Brisbane market that are attractive to investors is that the median rental yield for houses in Brisbane is currently 5 per cent, compared with 4.1 per cent in Sydney and 4.2 per cent in Melbourne. Also, Brisbane’s median house price is just over half of Sydney’s while Melbourne’s median house price is also well above Brisbane’s.

The rental yield for units is also stronger in Brisbane, at 5.17 per cent, beating the 4.52 per cent in Sydney and 4.55 per cent in Melbourne. The rate of growth in property values in south east Queensland is tipped to out-do the growth Sydney has already had, within the next three to five years.      

Parts of regional Queensland face significant challenges as the mining construction boom fades and following the crash in coal prices. 

Unemployment has clearly been rising in regional Queensland, but to date Brisbane’s economy appears to be holding up relatively well. 

Owner-occupier demand for housing finance has been rising solidly and investor demand has continued to increase to its highest level since 2007 after a significant dip in the intervening time. 

Population growth in Queensland is notably slowing as interstate migration to the sunshine state tails back from very high levels. 

While apartment completions have not yet been anything too remarkable (see below chart), the number of commencements and approvals have picked up sharply in Greater Brisbane. Unit approvals now seem to be receding again which is good news for the Queensland capital.

Vacancy rates are a little elevated in certain parts and suburbs of Brisbane, so investors need to tread carefully and asset selection will be key.  But the housing finance data suggests that for Brisbane we can expect to see a solid year or three ahead, beginning with robust capital growth in 2015. 

Brisbane 2015 forecast: +5 to +8 percent. 

You cannot discover new oceans unless you have the courage to lose sight of the shore. [Andre Gide]

LJ Gilland Real Estate have been member agents of the Real Estate Institute of Queensland since 1996 and are holders of all appropriate Real Estate Licenses. On all matter relating to Property Management advice, it’s our dedication, experience and professionalism that count.

LJ Gilland Real Estate was formed in 1996. The company is an independently owned family business based in Brisbane. Whilst the company functions in all sections of the market, LJ Gilland Real Estate has developed a specialty in the prestige investment market. L J Gilland Real Estate is a prestigious boutique agency specializing in Property Investment Management Services and the Sales of Investment Properties with Tenants in place.  Comprised of a top performing group of handpicked specialists, our Agents proudly serve Property Investors in Queensland.  Since 1996 our Agency has demonstrated a genuine enjoyment of working with people, developing long-term relationships and delivering on the promise of great service.  We offer property investor’s the confidence to sell and lease in any market.

We provide comprehensive market appraisals, exclusive multimedia marketing campaigns, and knowledgeable, highly personalized counsel on all aspects of real estate.  Our Property Management Team is equally considerate, offering investors with in-depth advise, well-researched rental appraisals, and highly professional rental management services.

Choose LJ Gilland Real Estate to Manage and or Sell your Tenanted property.  If your property is managed by another Agent, transfer to LJ Gilland Real Estate and we will remove the hassle from sales and rentals aiming at the best result possible in any challenging real estate market.

We look forward to a win win relationship. Please LIKE our facebook Page & Join us on Google+ @LJ Gilland Real Estate Pty Ltd

https://www.facebook.com/ljgrealestate

 

l j gilland real estate

l j gilland real estate

Best Regards Linda & Carlos Debello “Your Local Property Management Specialist” LJ Gilland Real Estate Pty Ltd (http://www.ljgrealestate.com.au) PO BOX 19 ZILLMERE 4034 (07) 3263 6085 0400 833 800 (Mob 1) 0413 560 808 (Mob 2) 0409 995 578 (Linda)

http://www.ljgrealestate.com.au/index.php?lan=ch

Confidential email:- The information in this message is intended for the recipient name on this email.  If you are not the recipient please do not read, copy distribute or act upon the message as the information it contains may be privileged.  If you have received this message in error, please notify the writer by return email.  Thank you very much for your assistance in this matter and your co-operation

 

 

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About ljgrealestate 据联大

Removing the Hassle from Sales and Rentals across South East Queensland. Aim to Empower other like minded Property Investors. L J Gilland Real Estate is a prestigious boutique agency specializing in Property Investment Management Services and the Sales of Investment Properties with tenants in place. Comprised of a top performing group of handpicked specialists, our Agents proudly serve Property Investors in Queensland. Since 1996 our Agency has demonstrated a genuine enjoyment of working with people, developing long-term relationships and delivering on the promise of great service. Carlos and Linda Debello offer property investor's the confidence to sell and lease in any market. We provide comprehensive market appraisals, exclusive multimedia marketing campaigns, and knowledgeable, highly personalized counsel on all aspects of real estate. Our Property Management Team is equally considerate, offering investors with in-depth advise, well-researched rental valuations, and highly professional rental management services. http://goanimate.com/movie/0M4bvcZzgIbI?utm_source=linkshare&uid=0u6RGtWsmlVc Carlos’ direct mobiles are 0400 833 800 & 0413560808. Linda’s mobiles are 0409995578 & 0414978700 (prefer email contact for Linda). Office 07 3263 6085. http://www.ljgrealestate.com.au http://www.yellowpages.com.au/qld/aspley/lj-gilland-real-estate-pty-ltd-14091356-listing.html http://au.linkedin.com/in/lindajanedebello http://twitter.com/GillandDebello http://www.facebook.com/pages/ljgrealestate
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