Thursday, March 31, 2011

Inner City Sanctuary :: Is Entertaining Important To You?

4/48 Riddell Street, Bulimba
$449,000
http://www.realestate.com.au/property-unit-qld-bulimba-107294641



So often buying a unit involves compromise. The location isn’t quite right, there is no outdoor space or simply there just isn’t enough room. With this very special unit there is an excellent chance you can have everything you want.

The jewel in the crown is the courtyard, all 150m2 of it. A covered, paved area provides ample room for an outdoor entertaining suite. This area alone is larger than most outdoor areas provided for. But this courtyard just keeps going with a grassed area + low maintenance terraced gardens.

An area like this is begging to be shared and with the complex being ‘Pet Friendly’ your four legged friends are of course welcome.

The ground floor aspect also creates a wonderful feel in the living areas. Sliding doors from the living and dining areas + master bedroom all flow outside with a lovely, private aspect overlooking the terraced gardens.



First inspections this Saturday, 2 April at 10am.

Market Update



41 Jubilee Street, Greenslopes
is a must see. A huge four bedroom home on 809m2.
Now Under Contract. Asking Offers Over $880,000 

70 Thomas Street, Greenslopes is seriously good value. A large 3 bedroom home with quality renovations. 632m2 block. Sellers are serious about selling and have reduced price significantly.
Now asking Offers Over $600,000
http://www.realestate.com.au/107297657



First week on the market. This will not hang around. Great design, open plan living, A1 fitout. Seriously good value.
166 Bapaume Road, Holland Park West

Thursday, March 17, 2011

Market Update :: Motivated Vendors Reduce Prices

Sellers have been reducing prices in recent weeks to secure contracts. As a result there are some excellent opportunities for buyers. Look at these.

41 Jubilee Street, Greenslopes is a must see. A huge four bedroom home on 809m2.
The sellers are absolutely serious about moving this and have priced accordingly.
Now asking Offers Over $900,000 
This one is full of charm and character. 3 bedrooms, great original features with an update including fabulous, private, rear deck.
57 Peach Street, Greenslopes
Now asking $599,000
www.realestate.com.au/property-house-qld-greenslopes-107187155



The size will get you in here. One of the larger two bedroom units you are going to find.
2/28 Dickenson Street, Carina

What a beauty. 1 bedrooms unit often lack size but you get a balcony plus outdoor patio area.
4/26 Pembroke Road, Coorparoo

Wednesday, March 9, 2011

7 ways to devalue your property

Did you know that your pets – or your dodgy next-door neighbours – could substantially decrease the value of your property?

Bad pet smells, hasty renovations and noisy neighbours can all serve to lower the value of your home, according to Nicole Marsh, Licensed Buyers Agent from Eureka Property on the Gold Coast, while letting your property fall into a state of disrepair is another quick way to shrink its value.

Nicole outlines a few key features that can drag down your home’s value and ultimately, the sale price you can achieve:

1. DIY renovations

2. General state of disrepair

3. Illegal improvements

4. Compromised curb appeal

5. Bad choice of renovation

6. Pet smells

7. Poor presentation/too much clutter

Developers back building review after January floods in Brisbane

DEVELOPERS have shown their support for a new council flood planning level which will see some new homes and developments built up to 2m higher than before the January flood.
Property Council of Australia executive director Kathy Macdonald said the interim level revealed by The Courier-Mail today "brings in certainty and clarity".
"This says that Brisbane is open for business, open for investment , open for development," Ms MacDonald said.
"We see this interim measure as a great measure for letting people get on and do something in a very practical and pragmatic way."
Lord Mayor Campbell Newman officially announced the new level today.
It will require the habitable floor areas of new homes and developments in flooded areas to be built to the January flood level plus 500mm.
“The recent flood provided us with a large amount of new data and the experts have analysed this information and recommended we use the actual 2011 flood level as the new interim flood level,” Cr Newman said.

read more at couriermail.com.au

Sneak Peek :: Enjoy All Year Round Entertaining

7 Albert Street, Holland Park
High $600,000's
First inspection is this Saturday, 12 March at 1:40pm

With careful thought given to family living, this home offers multiple living areas inside and out, a bright and airy feel throughout and a complete renovation and refurbishment.

There are plenty of entertaining options here but none better than the glorious front courtyard, a private, covered area that is the perfect party venue. A rear deck off the kitchen and living areas overlooks the backyard and offers another outdoor living space.

A well planned and fully self contained “granny flat” offers a number of different configurations. Extra rooms for the family or perhaps a private workspace (take advantage of the 2 street access for visitors).

Tuesday, March 1, 2011

Greenslopes Market Update

SOLD
21 Jubilee Street, Greenslopes
5 bedroom house
Sold $695,000



123 Ridge Street, Greenslopes
3 bedroom house
Sold $555,000
"With Matt's guidance on marketing and pricing and his negotiations with interested buyers, we were able to sell our house in less than one week. Matt was the agent who originally sold us the house we have just sold. We found him such a pleasure to deal with during the purchase that appointing him to sell the property for us 5 years later was an easy choice" Kristy & Xavier Dorney

UNDER CONTRACT

1/110 Pembroke Street, Coorparoo
2 bedroom unit
Asking $320,000

No hint on next rate move timing from RBA

When the Reserve Bank of Australia (RBA) announced on Tuesday that it would leave the cash rate unchanged at 4.75 per cent, it gave no hint about how long the rate would stay at that level.

It could be a while, but the next move is still very likely to be upwards.

In testimony to a Senate committee last month, RBA governor Glenn Stevens said he "would not be seeking to dissuade people" from the view that there would not be any change in the cash rate "for some time".

In fact, when asked whether rates would stay steady for the foreseeable future, he replied: "How long is the foreseeable future; how long is a piece of string?"

And in its statement on Tuesday, the RBA continued to shy away from any hints about the likely interval between the latest rate rise, back in November, and the next.

It gave no indication of how long "some time" might turn out to be.

But it certainly gave no reason to expect a rate hike in the next couple of months.

Plan puts pall on Coorparoo farmer's market

The developer of an inner-city market designed to give shoppers an alternative to conglomerates Coles and Woolworths says the concept is being undermined by a push to transform the building into a transit centre, complete with housing, shops and offices.

Coorparoo Markets owner Frank Dragani opened the farmer's market three months ago and only just managed to stay afloat in the face of Brisbane's flooding event.

After investing heavily to bring the old Myer building on the corner of Old Cleveland Rd and Cavendish Rd up to scratch, he said the project was being sidelined by a State Government and Brisbane City Council decision to transform it into a transit-oriented development.

Expressions of interest were called on the development, which would combine affordable housing, shops, offices and other facilities, and would tie-in with the planned construction of the Coorparoo Junction Busway Station.

The expressions of interest, calling on construction, design and development organisations to partner up and develop the site, close on March 18.

Mr Dragani said it had a destabilising effect on the new market concept.

Although there are 270 market spots available, Mr Dragani said the complex was now only half full.

Read more at couriermail.com.au

'Worst ever' property dive after disasters

Homebuyers are deserting the property market in the wake of recent natural disasters with latest figures showing the biggest monthly slide on record.

The weather crises in Queensland, New South Wales and Victoria in December and January have kept home buyers sidelined, with property values slipping across the nation.

The RP Data-Rismark Home Value Index for capital city dwellings dropped 1.6 per cent (seasonally adjusted) in January, while regional residences lost 1.2 per cent of their value.

It's the biggest monthly slide in Australian property sales ever, according to RP Data.