Category Archives: Maintenance Renovating tips Construction Home Staging Property Sales Property Management Property Investor Builders Developers Rentals Sales Tenance

Brisbane is really displaying its resilience, partly thanks to having a sustainable growth rate over the past five to 10 years. We haven’t seen the same wealth creation effect as in Sydney and Melbourne, but the silver lining is we haven’t seen housing affordability deteriorate and now the housing market nationally is in a downturn but Brisbane isn’t showing that trend.

Brisbane housing market ‘doing a Bradbury’ with house and unit values set to rise – realestate.com.au http://mvnt.us/m861440 New figures from property valuation firm SQM Research reveal rental vacancies in the Queensland capital fell for a sixth straight month in August … Continue reading

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Section 223of the Body Corporate and Community Management Act 1997 imposes an obligation on sellers to disclose to buyers latent or patent defects in common property that the seller is aware of or ‘ought’ to be aware of. Sellers ‘ought’ to be aware of issues identified in the body corporate minutes. Committee members who are actively involved in the decision-making process around this have nowhere to hide under any definition. If buildings have non-conforming cladding, which is not disclosed in the sale contract by a seller, and there are subsequent rectification works required along with the special levies or borrowings, we can see a raft of litigation about the lack of that disclosure against sellers, sales agents and those who prepared contracts for sale (such as lawyers).

Combustible cladding laws in Queensland announced By Frank Higginson06 Aug 2018 Click here for a PDF version of this newsletter. If you don’t know whether the cladding on your building is combustible (or to use the less scary word – non-conforming), you … Continue reading

Posted in ECONOMY FINANCE BUSINESS LJGREALESTATE RENTALS PROPERTY SALES PROPERTY INVESTOR PROPERTY MANAGEMENT, family, LJ Gilland Real Estate Pty Ltd, ljgrealestate, Maintenance Renovating tips Construction Home Staging Property Sales Property Management Property Investor Builders Developers Rentals Sales Tenance | Tagged

Price Correction: Why, How Much, And How Long?

Overall, Australia had its first annual real estate price decline since 2012. How far will it go? First, why did this happen? There are multiple factors which worked together to cause the fall. It has been argued that property prices, … Continue reading

Posted in Australia, Banking, Brisbane, ECONOMY FINANCE BUSINESS LJGREALESTATE RENTALS PROPERTY SALES PROPERTY INVESTOR PROPERTY MANAGEMENT, Empowerment, family, finance, Foreign Investment, LJ Gilland Real Estate Pty Ltd, ljgrealestate, Maintenance Renovating tips Construction Home Staging Property Sales Property Management Property Investor Builders Developers Rentals Sales Tenance, MT ISA, Negative Gearing, property investor, propertymanagement, Queensland, Real Estate | Tagged

Brisbane has some of the highest rental yields in the country.

DOMAIN The south-east Queensland suburbs with the highest rental returns South-east Queensland’s highest yielding investment properties are no longer in Brisbane, but in the outer suburbs of Logan and Ipswich, new data shows. Suburbs like Bellbird Park and Bundamba in … Continue reading

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BIS suggests Brisbane is expected to see the greatest upside to house prices over the next few years due to Queensland’s net interstate migration increasing.

The slowdown in house price growth that emerged through 2017/18 is expected to continue into the 2019 financial year, according to leading industry analyst and economic forecaster, BIS Oxford Economics. BIS believes house prices in Melbourne will tread water through … Continue reading

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Queensland Budget 2018: real estate changes

The Queensland Government recently delivered the budget for 2018.  Here’s what you need to know: First Home Owner’s Grant  The Queensland First Home Owner’s Grant has been extended for a further 12 months. However, the value of the First Home Owner’s … Continue reading

Posted in Australia, Brisbane, ECONOMIC OUTLOOK, family, LJ Gilland Real Estate Pty Ltd, ljgrealestate, maintenance & roofing, Maintenance Renovating tips Construction Home Staging Property Sales Property Management Property Investor Builders Developers Rentals Sales Tenance | Tagged

Be sure to keep an eye on Queensland property prices as it’s confirmed that interstate migration has hit an all-time high for the sunshine state.

The Australian Bureau of Statistics shows that the net interstate migration is the highest it has been in 8 years and doesn’t appear to be slowing down. The Sunshine Coast was the strongest performing regional housing market in Queensland in September, with … Continue reading

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