brisbane property market update: july 2013

Brisbane Property Market Update: July 2013

www.allenrealestate.com.au

>> TOPICS COVERED 1)The last 12 months2)The ‘average’ investor3)Sample purchases

The Brisbane Property Market Update: July 2013 is opinion and not advice. People should seek their own professional advice on the subject being discussed

“Prediction is hard, especially about the future” – Niels Bohr

What does a Buyers Advocate do?

• Represent the buyer and their best interests in a property transaction

Brisbane Market Update 2013

Melbourne +3.38% over the previous 12 months

Sydney +5.80% over the previous 12 months

Perth +6.08% over the previous 12 months

Brisbane +1.28% over the previous 12 months

Excellent quality 3 bedroom, 2 bath, 2 car, townhouse in walking distance to ‘everything’$407,500 purchase$450/wk rent = 5.7% yield8.7k from the CBD, major activity centre in the town planExcellent walkability

A two year old freehold town home with it’s own street frontage$447,000 purchase$165,000 land value$520/wk rent = 6.0% yield6.1k from the CBDShort walk to dedicated bus way

$413,000 house, renting for $470/wk rent12k CBD, 5.9% yieldExcellent depreciation

High land content with development upside + strong income$367,000 purchase$270,000 land value (74% land content)$400/wk rent potential = 5.7% yield11.3k from the CBD, improving suburb

Three townhouses on one title, sold for 890k in 2005 Strata potential Ability to raise rents to market and 7% gross yield of

purchase price Cosmetically in good condition One set of rates and insurance for the building

Three flats on one title in a blue chip suburb 4k from the CBD.$630,000 purchase$425,000 land value (67% land content)$670/wk rent = 5.5% yield4k from the CBD, blue chip suburb with homes priced in the 1 and 2 million plus range in the same pocket.

www.allenrealestate.com.au