Yes SEQ is a diverse range of markets, a lot depends on the specific price range and location on how property has performed.

ten_burner wrote:
Thanks for your help guys Ive started my Cert 4 in Real-estate (property services) online through TAFE NSW a few weeks ago

Curious as to why you want to start as a BA? My suggestion for a motivated younger person would be to consider starting in sales with a good brand name, much clearer path to success this way. There's b…[Read more]

sharon77 wrote:
Thanks Andrew_A.  I think I have gone a step too far in having real estates provide me with advice/opinions – I've been swamped with a million calls on a daily basis, many repetitively ringing.  I think I've heard every sales tact that there is and its just turned me off getting locked in with another agent (my first agency a…[Read more]

Quarks wrote:
I am in fear as I read the comments above.I just dived into a serviced apartments by Quest… I have already paid 10% and due for remaining amount in upcoming months.I havent got a solicitor to review the contract as yet……Should i just forgo the 10% (which amounts to more than $30K *cries*) and bail or should I even make a dash…[Read more]

AdisKay there will always be deals out there in all sorts of different countries and asset classes, perhaps even a little closer to home! Take your time to learn a little more before jumping into what might be later perceived as rushed action, though even rash (rushed) actions tends to work out very well for those who survive, adapt and refine…[Read more]

TAO wrote:
hi all im 21years old have just cleared my name of all debts and loans and am ready to get into property investing. I just dont know where to start im in the wollongong area/ south coast. If anyone can help me on where to start, what to read and research, savings etc for my first home would be muchly appriciated. I currently dont…[Read more]

keiko wrote:
on average it looks like 6%

Not too far off that mark I suspect. I'm reminded of the saying 'never cross a river that's on average 4 feet deep' however! The constant has been change, investors were making money in the 90's recession and when interest rates were very high, investors have been making money in the present market,…[Read more]

Price is very important in this market, so getting that correct will be a key. Otherwise it's important to not make big mistakes if selling privately, most private sellers just make basic errors in my experience. I wouldn't be worried about the cost of sign boards!? You are selling an asset worth hundreds of thousands of dollars so making the…[Read more]

xdrew wrote:
Traditional in hard times for people to save up and renovate instead of repurchase.Not unusual.

Yes. Good to find a suburb where people are doing this to older housing right next door to a highly gentrified suburb with much higher prices, that way the renovation dollars can help your capital growth

ummester wrote:
..I just read a bit more about log scales and they basically flatten exponential growth, right? So things that grow in multiples of themselves look steady but, when they drop, the drops look worse. I dare you to keep plotting a log scale of Brissy property until middle of 2012 and see how it looks.

No dare needed I have been…[Read more]

ummester wrote:
Is the growth above the 250k line at the same scale as that below?

It's a log scale which is a better way of looking at compound growth as 10% growth on a 500k property is more than 10% growth on a 100k property in $ termshttp://en.wikipedia.org/wiki/Logarithmic_scale

fWord wrote:

Andrew_A wrote:
…and locations (1m+ coastal) getting hammered, always a good time to be making money, mostly from value adding presently as the capital growth has been absent.

Coastal is where I'd be buying now if I had the cash. Then again I've always been partial to properties near the sea.

Yes some of this buying is…[Read more]

Interesting blog Emma, good luck with your journey and I'm sure you will learn heaps!

Qlds007 wrote:
Andrew agree although must admit November and December has been our busiest for 5 years with record numbers of Contracts arriving on my desk for both Brisbane and inter state.Either investors not too concerned about rates or better than me at predicting the falls.All we need now is lenders to actually pass on the reductions and…[Read more]

Jamie M wrote:

Andrew_A wrote:
Canberra is the best performer at -0.68%

Good old Canberra Things seem to have picked up a little recently  – I'm sure a couple of rate cuts will help as well.CheersJamie

Yes would be nice to see markets stabilize and start growing again, plenty of investors sitting on fences and trying to time this market (in…[Read more]

Paullie wrote:
hehe cool, im not worried, im in charge of my own destiny, dont need to rely on government policy.

Good idea, you can rely on governments to continue to make mistakes could be the only certainty, so better to focus on becoming wealthy and work with the environment you are given!

Interested if there is any feedback from the original posted Eddie01, would be pretty interesting to read I imagine

fWord wrote:
Thanks for the information Andrew. At first glance it may appear house prices are falling through the floor. However, taken in perspective, even the negative 5.51% for Brisbane ain't bad. I live in Melbourne and have personally seen the median prices in some suburbs increase by 20% or so within a 12 month period. A 4-5% drop in…[Read more]

MikeyB71 wrote:
that doesn't look very good at all does itinteresting times ahead i think

It looks ordinary!I'm happy to tell it like it is, which has been very poor for Brisbane in particular over the last 12 months. I'm also comfortable with the idea that even though it's quite possibly a very good time to be buying at the moment the majority…[Read more]

Well if Brisbane can avoid the January we had this year there could be even be some renewed motivation for buyers in our market in 2012. That would make a nice present to place under the Christmas tree!