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Senior Mine Geologist in a coal mine
They have also removed the option to sort by, price, suburb, recentlty listed etc. I find this very annoying
For what it’s worth: Currently we are living and working in Central Qld and looking for a new PPOR in Brisbane. Recently sold our home in Perth. I have been watching the Brisbane market very closely for the last 6 months
* I believe the Bris market has definately started to dip. Although vendors are slow to come to grips with the new reality
* It would seem that a lot of “investors” are already starting to bail. In the suburb I have been looking at (Wavell Heights), a lot more investor (rental) type properties are coming onto the market, as opposed to family homes. Personally I prefer an established home as I have “been there done that” with renovating older houses
We intend on moving to Brisbane early in the new year. Aussie John has convinced me that my best course of action is to rent for 6 months and see what happens. If prices don’t fall further, then at the very least it will enable us to have a good look around.
Cheers
PS – If anyone has a nice 3 to 4 bed house within 10km of Brisbane city, up to $450 per week, let me know.
Gday
I have been following this forum for a little while now and by no means am I a property expert.
I bought a house in Newcastle NSW in June 2001 for 200k. Transfered to WA for work and sold the place in Feb 2003 for 389k. Only sold because I didn’t fancy having a rental 4000km from home. There was also the fact that I almost doubled my money in 17 months.
I then bought a place in Carine Perth for 400k and sold 15 months later for 520k when I was transfered to Queensland. (my employer pays the interest on the loan)
When I moved to Perth the REA’s went on and on about how WA lags 12 to 18 months behind NSW. Apparently this has always been the case.
Now I am in Qld and have a company supplied house so have my money invested in non RE, however looking to buy in Brisbane.
Brisbane RE is now really starting to slump. I honestly believe that those who believe they are snapping up bargains will rue their decisions in 12 months.
Is it not possible that the Perth REA’s were correct and the markets outside NSW VIC are now correcting and it will be another 2 years before WA QLD equate.
