Brisbanes Totally OTT property market
#1
Lost in BE Cyberspace
Thread Starter
Joined: Apr 2004
Posts: 10,375
Brisbanes Totally OTT property market
Pottered down yesterday to attend a open home with friend whos buying after divorce, thinking that budget would give us an idea what our kids would face if they bought.
Nice but old house, only 2 beds, tiny, no building reports, in obvious need of some repairs etc, But total bedlam..................
21 CONTRACTS on the property on the day
Never seen anything like it ever
knew brissie was suffereing a population surge but thats bloody crazy.
Anyone else out there buying ? how have you found it
Nice but old house, only 2 beds, tiny, no building reports, in obvious need of some repairs etc, But total bedlam..................
21 CONTRACTS on the property on the day
Never seen anything like it ever
knew brissie was suffereing a population surge but thats bloody crazy.
Anyone else out there buying ? how have you found it
#2
Re: Brisbanes Totally OTT property market
Pottered down yesterday to attend a open home with friend whos buying after divorce, thinking that budget would give us an idea what our kids would face if they bought.
Nice but old house, only 2 beds, tiny, no building reports, in obvious need of some repairs etc, But total bedlam..................
21 CONTRACTS on the property on the day
Never seen anything like it ever
knew brissie was suffereing a population surge but thats bloody crazy.
Anyone else out there buying ? how have you found it
Nice but old house, only 2 beds, tiny, no building reports, in obvious need of some repairs etc, But total bedlam..................
21 CONTRACTS on the property on the day
Never seen anything like it ever
knew brissie was suffereing a population surge but thats bloody crazy.
Anyone else out there buying ? how have you found it
#3
Joined: May 2007
Posts: 5,133
Re: Brisbanes Totally OTT property market
We were previously lodging in Loganlea so we wanted something in that vicinity. We ended up out in the sticks out towards Beaudesert.
All of this 'corridor' is tipped to go nuts over the next few years, hey, they might even make Woodridge a boom-town (not that you can't find decent bargains there these days if you stay off the beaten track).
#4
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Joined: Jun 2007
Posts: 8,913
Re: Brisbanes Totally OTT property market
Pottered down yesterday to attend a open home with friend whos buying after divorce, thinking that budget would give us an idea what our kids would face if they bought.
Nice but old house, only 2 beds, tiny, no building reports, in obvious need of some repairs etc, But total bedlam..................
21 CONTRACTS on the property on the day
Never seen anything like it ever
knew brissie was suffereing a population surge but thats bloody crazy.
Anyone else out there buying ? how have you found it
Nice but old house, only 2 beds, tiny, no building reports, in obvious need of some repairs etc, But total bedlam..................
21 CONTRACTS on the property on the day
Never seen anything like it ever
knew brissie was suffereing a population surge but thats bloody crazy.
Anyone else out there buying ? how have you found it
#5
Re: Brisbanes Totally OTT property market
.... and unfortunately it is going to get progressively worse. When we were looking for a new rental, it literally became a drag race to get between two houses, between me and the OH and two single girls. They won after we took a wrong turn at Old Northern Road, Albany Creek. Drat and double drat.
#8
Lost in BE Cyberspace
Thread Starter
Joined: Apr 2004
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Re: Brisbanes Totally OTT property market
The area in question had 3 bed houses for $290,000 6 months ago, they now have offers high 300's for a 2 bedder, but not accepting them saying now they may now put the house to auction and see how high people will go.
Crazy stuff, I dont think this is going on in higher price brackets this is the first home owner price range, which in itself is mental, what first home owner could afford $2900 a month repayments which come with a 400 loan
Crazy stuff, I dont think this is going on in higher price brackets this is the first home owner price range, which in itself is mental, what first home owner could afford $2900 a month repayments which come with a 400 loan
#9
Re: Brisbanes Totally OTT property market
my neighbour is looking to buy in cleveland area and she says you litrally have to be standing in the realestate agents as the houses come on the market otherwise theres no chance and as for rentals if its still the same as it was last yr i had to turn up to the viewings with my applications already filled out
#10
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Joined: Dec 2003
Location: Going home at last-now we know where that is !
Posts: 1,040
Re: Brisbanes Totally OTT property market
Is this Brisbane suburbs or is this happening everywhere ? What about the sunshine coast ? Yep, sounds just like Perth !
#11
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Joined: Apr 2004
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Re: Brisbanes Totally OTT property market
Sunshine coast stock under 400 same situation, not a lot of stock under 400k anyway.
#12
Re: Brisbanes Totally OTT property market
Pottered down yesterday to attend a open home with friend whos buying after divorce, thinking that budget would give us an idea what our kids would face if they bought.
Nice but old house, only 2 beds, tiny, no building reports, in obvious need of some repairs etc, But total bedlam..................
21 CONTRACTS on the property on the day
Never seen anything like it ever
knew brissie was suffereing a population surge but thats bloody crazy.
Anyone else out there buying ? how have you found it
Nice but old house, only 2 beds, tiny, no building reports, in obvious need of some repairs etc, But total bedlam..................
21 CONTRACTS on the property on the day
Never seen anything like it ever
knew brissie was suffereing a population surge but thats bloody crazy.
Anyone else out there buying ? how have you found it
#13
Re: Brisbanes Totally OTT property market
We've decided to invest in Qld as WA is too expensive. We are looking at Cairns.
#14
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Joined: Apr 2004
Posts: 10,375
Re: Brisbanes Totally OTT property market
Trouble is like saturday there are dozens of buyers for each property, the main problem is actually getting one to buy
The house on saturday had 21 contracts, cash, unconditional, over the asking price, hes declined all of them, auction in 2 weeks. This is for a 2 bedroom cottage, illegal height underneath, rotting downpipes, needs new roof, no car accom, bathroom is about 1m x 1.5 m including the loo, asbestos sheet in walls.......... Basically you would be paying for the land which is opposite housing commision thats council housing/homes west type gear
#15
Re: Brisbanes Totally OTT property market
Mrs JTL