SE QLD Market 02-12-14

Dear Valued Friends, Colleagues,

There’s a pretty good argument that the hottest property precinct in Australia right now is South East Queensland.

Brisbane, the Gold Coast, the Sunshine Coast: Together they comprise a vast metropolitan area – ongoing urban growth means these three big centres have merged into one big conurbation which starts at the NSW border and extends 250 kilometers north to Noosa

There’s a pretty good argument that the hottest property precinct in Australia right now is South East Queensland.

Brisbane, the Gold Coast, the Sunshine Coast: Together they comprise a vast metropolitan area – ongoing urban growth means these three big centres have merged into one big conurbation which starts at the NSW border and extends 250 kilometers north to Noosa.

All three have hot markets.

To put that in perspective, the Sydney metropolitan area has 106 growth suburbs. If you add in the Central Coast, which has caught the growth wave from the capital city, there are 120 growth markets.

This shows that, while Sydney is the nation’s hottest big market in terms of price growth, it’s starting to fade (though not markedly, as yet), while South East Queensland is starting to rise.

So when you see headlines suggesting that the boom is fading and price growth is starting to dissipate, remember that it’s Sydney they’re talking about. There are markets elsewhere in Australia that are really just starting their run.

They include Adelaide and Hobart, as well as numerous regional cities in Queensland, New South Wales, Victoria, South Australia and Western Australia.

But the headline event is the rise of South East Queensland. While there has been some price growth in 2014, to date it has been fairly moderate.

The greatest price growth will come in 2015.

I remain hesitant about the Gold Coast. There’s no doubt that the oversupply that has dragged down this market for five years is being absorbed – and that there is a significant real estate recovery under way.

The heartening thing is that most of the growth suburbs on the Gold Coast at the moment are what I would call genuine housing markets – inland suburbs where houses are being sold, rather than coastal locations where high rise apartments are flogged to investors and speculators.

Unfortunately, that will change. Now that the Gold Coast is back on a growth path, developers are flocking back, intent on creating the next oversupply. Driven more by ego and greed than common sense, developers are competing for the title of biggest project and tallest tower.

And, like their counterparts in Melbourne, it’s all designed for sale to Chinese investors. It won’t end well.

Beyond that cautionary note, the message about Brisbane and South East Queensland looks highly positive at the moment.

The opportunity for investors lies in understanding that the rise in sale volumes we have seen in 2014 is a forerunner to significant price growth.

South East Queensland has more momentum now than does Sydney, but it’s not yet reflected in price growth data.

That is yet to come.

AT A GLANCE at http://www.ljgrealestate.com.au

  • Property management
  • Rental services
  • Individual solutions to fit our client’s needs
  • High performance property sales, specializing in sales of properties with tenants in place.
  • Body corporate management
  • Competitive Commission Rates
  • LET FEE FOR REFERRALS, We are a business built on Referrals.
  • NO Lease Renewal & Comparable Market Analysis’ Fees/Charges
  • PHOTOS TAKEN ON ENTRY
  • Hands on approach to all Property Investment Management and & Sales Matters.
  • Tenants are shown about safety switches and water mains etc at handover at the property.  We meet all tenants on site for handover.

Register your interest to receive property updates and our real estate blog.

L J 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 counts.

L J 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, L J Gilland has developed a specialty in the prestige investment market.

Being a family business, we place total emphasis on dedication, experience and professionalism in all areas, including Property Management, Sales and Body Corporate.

We find individual solutions to fit our client’s needs. Being property specific rather than area specific because confining ourselves to one area simply wouldn’t be giving you what you need.

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.

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

L J-Gilland-Real-Estate

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