Tag Archives: apartments

Pets, Airbnb and Management Rights: Strata policy challenges for the incoming Queensland Government

I am grateful for another guest post, this time from Dr Stephen Thornton of BG Economics. Views expressed are Stephen’s, and should not necessarily be attributed to me. GT Pets, Airbnb and Management Rights: Strata policy challenges for the incoming … Continue reading

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“Luxury”: A New Way of Marketing Overpriced Apartments

I have previously posted on the massive increase in the supply of apartments in Brisbane that we are seeing. In a market with a glut of apartment stock, developers and sales agents are trying to differentiate their own offerings as … Continue reading

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OECD right to recommend “Close vigilance on housing-market developments is still required”

I was not surprised to learn yesterday that the OECD remains concerned about Australia’s housing market, which has shown signs of over-heating, particularly in Sydney, although the OECD did note that there are “receding risks from the housing boom” (see … Continue reading

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Unit approvals plummet in rest of Aus. with Qld likely to follow

The Brisbane Times reported the other day that Brisbane renters were being offered inducements such as iPads, suggesting that supply growth has got ahead of demand growth in Brisbane recently. This should reduce the enthusiasm of investors for the Brisbane … Continue reading

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As many units as houses approved in Queensland in last 12 months – is a unit price crash coming?

In March, QUT Media reported that, based on analysis by Professor Chris Eves, “Brisbane’s inner city apartment market will crash in 2016, due to oversupply driven by belief in inexhaustible international demand.” (See Collapse of Brisbane’s inner city apartment market … Continue reading

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Qld economy propped up by residential building as business investment slumps

The Brisbane Times has a report this morning on the well-known slump in business investment in Queensland, due partly to the completion or near completion of the LNG projects at Gladstone and partly to relatively low business confidence (see Qld … Continue reading

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Apartment & townhouse approvals double in January – catch up or over-shoot in supply?

The massive surge in apartment and townhouse approvals in January reported by the ABS today (chart above) is welcome news for the Queensland building industry and people looking to buy or rent an apartment in inner city Brisbane, where much … Continue reading

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