The recent flooding disaster failed to break Brisbane’s strong stride, as the city posted another month of solid gains to reclaim its title as the fastest-growing capital city in March.
â$100k blindsideâ: Home buyers stung by greedy vendors Queensland is in the midst of housing market boom and yet some houses are still not selling at auction and itâs all down to greedy vendors.
Property by Darren Cartwright
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Subscriber only Greedy vendors are squeezing every dollar out of desperate home buyers, some even holding out for unrealistic reserves that have forced sellable properties to be passed in, experts say. Over the past few weeks, several houses have failed to sell with real estate agents quietly claiming it is purely because of unrealistic reserves. One agent, who did not wish to be named, said one property they listed failed to sell at auction after the vendor factored in a 20 per cent increase in the reserve to offset the rising property market.
Why everyone is buzzing with excitement over Brisbane
By Robyn Tongol
24 December 2020
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1 minute read
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On the eve of Christmas 2020, Scott and Melinda Jennison deep-dive into one particularly promising market that has investors Australia-wide buzzing with excitement.
Brisbane is the golden word in this edition of The Smart Property Investment Show. Streamline Property’s Scott and Melinda Jennison join our Alex Whitlock to talk all things Brissie.
Scott and Melinda reveal the current situation on the ground in Brisbane and their forecasts for the new year, including tight supply and swelling prices.
Interest rates, interstate migration and upcoming infrastructure projects – providing Brissie with an all-important facelift – are just some of the themes our trio cover on this special holiday edition of our show.