Monday, October 31, 2016

Growth in rents is the slowest for some decades.

At its meeting today, the RBA decided to leave the cash rate unchanged at 1.5%. The global economy is continuing to grow, at a lower than average pace. Labour market conditions in the advanced economies have improved over the past year, but growth in global industrial production and trade remains subdued. Economic conditions in China have steadied recently, supported by growth in infrastructure and property construction, although medium-term risks to growth remain. Inflation remains below most central banks’ targets. Commodity prices have risen over recent months, following the very substantial declines over the past few years. The higher commodity prices have supported a rise in Australia’s terms of trade, although they remain much lower than they have been in recent years. Financial markets are functioning effectively. Funding costs for high-quality borrowers remain low and, globally, monetary policy remains remarkably accommodative. Government bond yields have risen, but are still low by historical standards. In Australia, the economy is growing at a moderate rate. The large decline in mining investment is being offset by growth in other areas, including residential construction, public demand and exports. Household consumption has been growing at a reasonable pace, but appears to have slowed a little recently. Measures of household and business sentiment remain above average. Labour market indicators continue to be somewhat mixed. The unemployment rate has declined this year, although there is considerable variation in employment growth across the country. Part-time employment has been growing strongly, but employment growth overall has slowed. The forward-looking indicators point to continued expansion in employment in the near term. Inflation remains quite low. The September quarter inflation data were broadly as expected, with underlying inflation continuing to run at around 1½ per cent. Subdued growth in labour costs and very low cost pressures elsewhere in the world mean that inflation is expected to remain low for some time. Low interest rates have been supporting domestic demand and the lower exchange rate since 2013 has been helping the traded sector. Financial institutions are in a position to lend for worthwhile purposes. These factors are assisting the economy to make the necessary adjustments, though an appreciating exchange rate could complicate this. The Bank’s forecasts for output growth and inflation are little changed from those of three months ago. Over the next year, the economy is forecast to grow at close to its potential rate, before gradually strengthening. Inflation is expected to pick up gradually over the next two years. In the housing market, supervisory measures have strengthened lending standards and some lenders are taking a more cautious attitude to lending in certain segments. Turnover in the housing market and growth in lending for housing have slowed over the past year. The rate of increase in housing prices is also lower than it was a year ago, although prices in some markets have been rising briskly over the past few months. Considerable supply of apartments is scheduled to come on stream over the next couple of years, particularly in the eastern capital cities. Growth in rents is the slowest for some decades. Taking account of the available information, and having eased monetary policy at its May and August meetings, the Board judged that holding the stance of policy unchanged at this meeting would be consistent with sustainable growth in the economy and achieving the inflation target over time. What do the RBA interest rates really mean for you?

Wednesday, October 26, 2016

NORTH LAKES OPPOSITE PARKLAND CLOSE TO SCHOOLS, SHOPS, COSTCO, & WALKING...

The ‘Spring rush’ – a period where buyers come out of hibernation and actively get on board the property circuit to search and secure the ideal abode.

Despite significant shifts in Australia’s property market in recent years, there is one trend that continues to live on – the ‘Spring rush’ – a period where buyers come out of hibernation and actively get on board the property circuit to search and secure the ideal abode. Ahead of the annual ‘buyer surge’, September typically sees more properties being listed and in higher numbers. In September 2015, 26,829 new properties were listed across major cities in the first 28 days of the month – a 4.8 per cent lift on the previous 12 months, according to CoreLogic. Auction numbers equally tend to increase, with more than 11,600 listings sold at auction in September 2015, says Pricefinder. This trend is continuing as we move through September 2016, with auction clearance results in major cities including Sydney and Melbourne reaching 80 per cent or higher, according to Domain. With more properties being listed and sold, is spring the best time to buy? Property investor Brenton Tidow says anytime is a good time to buy but expect spring to be a busy buying period. “While there will be differences across metropolitan and regional markets, spring is an ideal time to sell not buy. It’s a fine double-edged sword, as the surge in spring buyers brings about increased competition, which can hike prices and put pressure on budgets.” An investor since the age of 21 Brenton says buyers, whether owner-occupiers or investors, need a strategic and less emotional approach to the property process. “While it’s been said before, I see too many buyers buying investment properties with their heart on their sleeve. “I look for properties that are cash flow positive or neutral with great capital gains potential. My approach is to ‘buy and hold’ a property for at least one full property cycle, somewhere between seven and 10 years. While this is my aim, there are always exceptions. For instance, I recently bought a property in Newcastle NSW and sold this within the first twelve months for a healthy profit,” says Brenton. Unsure about buying in spring? Here, Brenton offers five reasons why spring may not be the best time to buy. “Buyers can use this as a guide as they consider their options,” says Brenton. Expect asking prices to hike: “It’s important that buyers plan for an increase on advertised sale prices in spring. If the type of property you’re interested in is appealing to a similar buyer demographic, then expect those properties to attract increased competition. In my experience, it’s ideal to be in the market before other buyers and to work with a trusted real estate or buyer’s agent that has access to a large number of listings on and off the market. If you can find a property off the market, you may likely get a better deal and beat the rush,” says Brenton. Buyers have less negotiating power: Negotiating power usually lies in the hands of the seller in active periods such as spring, and properties sold at auction are often sold well above the asking price. “My advice to buyers is to negotiate hard and to negotiate like an investor. Also be prepared to accept the fact that your first and second choice in properties may fall through – but be objective, there will be other properties listed that appeal to your budget and ideals,” says Brenton. Demand outweighs supply: In addition to a spike in seasonal competition, nationally we continue to experience a year-round supply and affordability issue. Brenton encourages buyers to not give up though. “There is a lot of re-zoning and infill activity currently underway, particularly along the fringes of major cities and CBD areas. Developers are buying large pockets of land and housing options are becoming more and more diversified. A great example is Kangaroo Point in Brisbane and Richmond in Melbourne,” says Brenton. Buyers risk burnout: Buyer burnout can be a real symptom warns Brenton, often resulting from the buyer being overwhelmed by unexpected market competition and concerns over a budget blow out. “This can happen anytime there is a flurry in buying activity and can be distressing, especially for some buyers that are new to the property process, as well as families with children who need a property that suits multiple needs. In such times, I encourage buyers to be realistic and pull back. If you cannot find a purchasable property, consider renting for several months and return to the market after spring,” says Brenton. Potential to impulse buy: “It is not uncommon to see buyers make purchasing decisions due to a fear of missing out on a great property amidst the competition,” says Brenton. “While you may miss out on your first choice it is unwise to be in a hurry to buy, or worse overlook the potential of the market in the months preceding Spring, when you may find a better deal. Ultimately, you want to buy a property that offers promising gains. For owner-occupiers and investors, if you can’t see yourself or tenants comfortably living in the property you’ve got your eye on, I suggest you don’t buy it.” Brenton adds, “The property process is rarely smooth and straight. Finding the right property takes time, money and effort but it can be a lot smoother and manageable if you plan well. Ensuring you have access to a quality financial advisor, real estate or buyer’s agent as well as a property mentor, can help take a lot of pressure out of the process. Do your due diligence. Buying a property is a major life investment and is best done with a strategic rather than emotional mindset.”

See also: Where to for the housing market in spring? Auction clearance rates cool as spring volumes bloom Don't wait for spring to sell

Low CPI is good news for home buyers and renters

According to the Real Estate Institute of Australia (REIA), the September 2016 quarter CPI figure continues to be good news for home buyers and renters. “The All Groups CPI, increased by 0.7% in the June quarter giving an annual increase of 1.3%. This is marginally higher than the annual increase to the June quarter of 1.0% which was the lowest annual changes since June 1999”, the President of the REIA Mr Sanders said. “The annual changes for the analytical series of trimmed mean and for the weighted median were 1.7% and 1.3% respectively - the same as for the previous quarter and the lowest annual increase since the two series were introduced in June 2003. This is well below the RBA’s target zone of 2-3% and suggests the continuation of historically low interest rates.” “The Housing Group increased by 1.0% for the quarter and 1.8% for the year to September 2016 with rents increasing by just 0.3% for the September quarter and 0.7% for the year. The major contributors to the increase in the Housing Group were electricity costs and property rates and charges.” “From 2013, when investment in housing started to pick up, we have seen the rate of increase in rents slow down in Australia. The annual increase in rents to September has been the lowest since December 1994.” “The latest CPI figures provide further evidence that the current taxation arrangements which provide many Australians with the opportunity to invest in property adds to the housing supply and keep rents lower than they would otherwise be.” “With the CPI figures always a central component of the RBA’s consideration, the latest inflation data would suggest that home buyers can be comfortable in the knowledge that interest rates will remain stable for a sustained period. The cuts in interest rates in May and August have contributed to an improved outlook for existing and prospective home buyers”, concluded Mr Sanders.

Brendale’s $152 Million Industrial Estate On The Fast Track https://ljgillandrealestate.wordpress.com/2016/10/27/brendales-152-million-industrial-estate-on-the-fast-track/ via @GillandDebello


Tuesday, October 25, 2016

6-8 Greenmeadow Road, MANSFIELD QLD 4122 - LJ Gilland Real EstateLJ Gilland Real Estate

6-8 Greenmeadow Road, MANSFIELD QLD 4122 - LJ Gilland Real EstateLJ Gilland Real Estate

7/97 Moray Street, NEW FARM QLD 4005 - LJ Gilland Real EstateLJ Gilland Real Estate

7/97 Moray Street, NEW FARM QLD 4005 - LJ Gilland Real EstateLJ Gilland Real Estate

http://www.facebook.com/pages/LJ-Gilland-Real-Estate-Pty-Ltd/169194919788253http://www.ljgrealestate.com.au

2/6-8 Greenmeadow Road, MANSFIELD QLD 4122 - LJ Gilland Real EstateLJ Gilland Real Estate

2/6-8 Greenmeadow Road, MANSFIELD QLD 4122 - LJ Gilland Real EstateLJ Gilland Real Estate

3/140 Carmody Road, ST LUCIA QLD 4067 - LJ Gilland Real EstateLJ Gilland Real Estate

3/140 Carmody Road, ST LUCIA QLD 4067 - LJ Gilland Real EstateLJ Gilland Real Estate

http://www.facebook.com/pages/LJ-Gilland-Real-Estate-Pty-Ltd/169194919788253http://www.ljgrealestate.com.au

Tuesday, October 18, 2016

3/95 Berry Street Spring Hill Qld 4000 - Unit for Rent #403699832 - realestate.com.au

3/95 Berry Street Spring Hill Qld 4000 - Unit for Rent #403699832 - realestate.com.au

3/40 Clewley Street Corinda Qld 4075 - Unit for Rent #413430451 - realestate.com.au

3/40 Clewley Street Corinda Qld 4075 - Unit for Rent #413430451 - realestate.com.au

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19 Tower Street Springwood Qld 4127 - Duplex/Semi-Detached for Sale #123726066 - realestate.com.au

19 Tower Street Springwood Qld 4127 - Duplex/Semi-Detached for Sale #123726066 - realestate.com.au

10 Karawatha Street Springwood Qld 4127 - Duplex/Semi-Detached for Sale #123725834 - realestate.com.au

10 Karawatha Street Springwood Qld 4127 - Duplex/Semi-Detached for Sale #123725834 - realestate.com.au

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12 May Street Mango Hill Qld 4509 - House for Sale #123860546 - realestate.com.au

12 May Street Mango Hill Qld 4509 - House for Sale #123860546 - realestate.com.au

8 Karawatha Street Springwood Qld 4127 - Duplex/Semi-Detached for Sale #123758262 - realestate.com.au

8 Karawatha Street Springwood Qld 4127 - Duplex/Semi-Detached for Sale #123758262 - realestate.com.au

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Monday, October 17, 2016

Brisbane Asking Rents Sept 2016

Asking rents have slipped back in Brisbane as vacancy rates have continued to rise this year. At 2.9%, the rental market is favouring tenants and given the ongoing new apartment surge, rents in Brisbane could continue to fall from here, particularly in the inner city. Looking forward, vacancies are likely to rise in Melbourne, Brisbane and Sydney over 2017 as more new high-rise apartment developments come onto the market. However, we maintain that the oversupply issue appears to be constrained to concentrated areas such as the inner-city regions. We are not as confident we will see a contagion affect where the whole capital city market is affected.
Source SQM Research

Saturday, October 15, 2016


Housing prices were up in 30 – out of the 45 – housing markets that have published housing statistics so far. We break down our latest GPI report, based on inflation-adjusted figures, and take a look at where the strongest and weakest housing markets are for the second quarter of the year. The Juwai GPI Report is specifically tailored to equip Chinese buyers with research for overseas property investment abroad. Global housing markets remain polarised – while housing markets in Europe, most of North America, and New Zealand are cresting on a strong rally, those in the Middle East and the majority of Asia have slowed dramatically. Over in North America, the US and Canadian markets stay robust and buoyant, as both momentum and real estate demands remain unaffected by the slow economic recovery in the US, nor by the property cooling measures imposed in Canada. Europe, home to seven out of the ten strongest housing markets, remains dominant – 17 out of its 22 European housing markets charted price increases in Q2 2016. Nevertheless, New Zealand has overtaken Europe to take the lead as the strongest performer this quarter with a 10.43% increase. In contrast, the Australian market underwent a gradual slowdown. Here in Asia, we see a sharp polarisation. Nine Asian markets were upbeat and either charted housing price gains or performed better than the previous quarter, while the remaining Asian markets continued their declining streak. Elsewhere, most housing markets in the Middle East are cooling down and losing momentum, paling in comparison to the record highs charted a year ago. Regional snapshots North American markets remain buoyant US real estate market still strong amidst slow economic recovery – bolstered by sharp upsurge in housing demand, the S&P/Case-Shiller seasonally adjusted national home pricing grew 3.99%, a 1.89% increase y-o-y. Canadian market stays robust despite repeated cooling measures and market regulations – housing prices in 11 major cities still grew 4.41% q-o-q and 8.40% y-o-y from the 4.0% charted in Q2 2015, the biggest annual increase since Q2 2010. Pacific Ocean/Oceania markets head opposite directions New Zealand housing market accelerates – nationwide median housing prices surged as much as 10.43%, a 5.19% y-o-y increase from the year before. Australian market downtrend continues – housing prices in its eight major cities rose and then slowed down, charting a property price growth of merely 3.0% y-o-y, its lowest increase in nearly three years since Q3 2013. Most European markets heat up Romanian market charts surprising growth of 10.10% – this is thanks to its relatively robust economic growth of 3.7%, which ranks as one of the highest economic growth rate within the EU, and is a stark contrast from its sluggish economy between 2009 and 2014. Germany’s housing market leapt 9.89% – a combination of strong economic fundamentals, ultra-low interest rate policy, and housing supply shortages were driving factors that saw housing prices in Germany remaining strong. Turkey housing market rally continues – strong foreign investment and population growth has led to a 9.67% increase, defying Turkey’s sharp currency devaluations, public dissatisfaction with the Turkish government, and geopolitical tensions. Maltese real estate market on the rise – driven by government initiatives, including waiving stamp-duty fees for first-time homebuyers, property demand in Malta surged and saw its housing prices soar 7.63%. Iceland housing price upsurge continues – a robust demand for property, coupled with limited housing supply (particularly in its capital city of Reykjavik), has fuelled a y-o-y growth of 6.34% this quarter. Ireland market still charting gains, albeit at a slower pace – Irish housing prices grew 6.27%, thanks to its healthy economic growth rate, which is still ranked first in the EU. The Irish economy is projected to achieve a healthy growth of 5% this year, along with an additional 3.6% increase expected for 2017. Other European countries showing strong performances – Latvia (+5.61%), Slovakia (+5.46%), the Netherlands (+5.41%), Lithuania (+5.28%), and the UK (+4.82%). Other European countries showing slight growth – Portugal (+2.87%), Estonia (+2.75%), Spain (+2.22%), Norway (+2.04%), Finland (+0.92%), and Macedonia (+0.72%). European markets still in decline Russia remains the worst-performing housing market – beset by myriad problems, including its most severe economic crisis since 2009, the Russian government has adopted a prudent monetary policy and stabilised overall inflation rates. However, Russian housing prices continued its decline to fall -12.46% y-o-y in Q2 2016. Montenegro property market deceleration continues – despite an economic growth rate that is expected to be 4.7% healthier this year, housing prices still dropped -10.15% y-o-y. Other European countries with slight declines – Ukraine (-2.95%), Greece (-1.95%), and Switzerland (-1.15%). Asian markets continue to polarise Japan housing market continues its ascent – despite being in the doldrums with an economy downturn, housing prices rose 5.70% y-o-y thanks to growing housing demand, government stimulus, and the appreciation of the Japanese Yen that increased the value of Japanese property as assets. Other Asian countries showing modest growth – Thailand (+4.38%), Vietnam (+3.58%), and South Korea (+1.07%). Singapore private apartment market continues to bottom – Singapore’s economy grew 2.2% in Q2 2016, and while housing prices continued its twelfth consecutive quarterly decline to fall -2.94%, housing demand and supply has picked up. Hong Kong market remains in decline – despite an economy growth of 1.7% in Q2, property prices still fell -10.73% y-o-y in Hong Kong, a sharp contrast from the 16.88% y-o-y rise the year before. Mongolia market slump prevails – a severe economic recession and weak GDP growth of only 0.4% caused by high foreign debt and fiscal revenue decline has led housing prices to dive -10.55% y-o-y. Philippine housing prices chart weaker growth – although housing prices of 3-bedroom apartments in the Makati CBD grew 2.89% on average in Q2 2016, its y-o-y figure still dropped -3.9% compared to the previous year. Philippines’s robust economic growth of 7% last year is expected to continue at a slightly slower rate of 6% for 2016 and 6.2% for 2017. Indonesia market displays feeble performance – housing prices dipped -0.35% y-o-y, as housing demand continues to weaken substantially. Overall housing supply growth rate is projected to slowdown gradually in the coming years. Nevertheless, the government’s decision to fully liberalise restrictions on foreign buyers for luxury property in Indonesia, coupled with its expected economic growth rate of 4.9% may turn things around in future. Middle East markets generally losing momentum Israeli housing market flags – emulating its economic slowdown and weakening housing demand, property prices merely rose 3.9% this quarter, its lowest y-o-y growth since Q1 2014 and a far cry from the 7.66% y-o-y growth charted before. Qatar property market slows down – weakened by an economic downtrend, Qatar housing prices only grew 1.29% y-o-y, a dramatic contrast from the 21.47% growth in Q2 2015. However, property demand remained strong in 1H 2016, thanks to its sustainable economic growth, population growth, and the construction boom due to the 2022 FIFA World Cup. Dubai housing market stays volatile – property prices fell -5.79% y-o-y, even as investor sentiment weakens amidst a subdued economy brought on by lower oil prices, an economic slowdown, China’s economic deceleration, and expected regional government spending cuts. Egypt market slumps – Egypt’s real estate index slipped -11.2%. However, with an improved economic decline of only 1.2% expected this year – its best level in seven years – and with the lifting of restrictions on foreign property and land ownership in Egypt, we may soon see the winds of change in Egypt. Other housing markets of note Mexican housing market remains strong – property prices grew 5.32% y-o-y, thanks to overseas buyer demands for Mexican tourism property, which has remained robust. Brazilian market still sluggish – mired in its longest economic crisis since 2014, which has been worsened by prolonged political uncertainty and corruption scandals, property prices in Sao Paulo fell -7.59%. Chilean property market declines – a new 19% property sales tax implemented in 2016 saw average housing prices of new apartments in the Greater Santiago dropping -1.36%. Conclusion Overall, the Q2 research shows that while cooling measures imposed by certain governments – such as Singapore – has been effective, some housing markets around the world are still defying property restrictions to continue heating up. Nevertheless, with many other markets showing falling property prices, this is music to the ears for Chinese buyers who are now more adventurous and looking further afield for their real estate investments. So for agents and brokers who on top of global trends, this is an opportunity for you to woo Chinese buyers who are eyeing less traditional markets.

A deeply rooted concept in Chinese culture, face or ‘Miàn Zi’ (面子) in China roughly translates to a combination of ‘honour’, ‘reputation’, and ‘respect’.

Unlike Westerners who tend to be more direct and blunt though, Chinese believe in ‘giving face' – an act of giving deference to someone else – as a show of respect. Equally important is to make sure you don’t accidentally cause your Chinese buyers to 'lose face'. Here's a quick breakdown below to help ease your way in: Having face (有面子) [ Yǒu Miàn Zi ] To have gained pride or prestige through some kind of achievement Not having face (没面子) [ Méi Miàn Zi ] To look bad or warrant embarrassment, caused by an act (sometimes by others) Giving face (给面子) [ Gěi Miàn Zi ] To praise or give deference to someone else to improve/uphold their reputation [Liking to] Save face (爱面子) [ Ài Miàn Zi ] A term describing someone who places high emphasis on preserving their own appearance of respect and dignity at all costs (**Use this with caution though, as it can have a slightly negative connotation with Chinese from regions outside of China.) Losing face (丢脸) [ Diū Liǎn ] To be humiliated or to suffer the loss of social standing No face (不要脸) [ Bù Yào Liǎn ] An insulting term to imply someone who is acting shamelessly without any scruples or principles Want to know more about the Chinese face culture? Find out more here, including how it impacts you when doing business in China.

CORINDA - AIR CONDITIONED 2 BEDROOM UNIT NEAR FULL RENOVATION!!!

Friday, January 15, 2016

亞視永恆--- 真河國榮 毛記電視第一屆十大勁曲金曲分獎典禮曲金曲獎 真三次創作

China slowdown to hit luxury real estate

China slowdown to hit luxury real estate



Investment Property Sales & Management

1/78 MISKIN STREET Toowong Qld 4066 - Unit for Sale #121190734 - realestate.com.au

1/78 MISKIN STREET Toowong Qld 4066 - Unit for Sale #121190734 - realestate.com.au



REMOVING THE HASSLE FROM SALES AND RENTALS BRISBANE WIDE

41 Belmore Street, Northgate, Qld 4013 - House for Sale #121477522 - realestate.com.au

41 Belmore Street, Northgate, Qld 4013 - House for Sale #121477522 - realestate.com.au

http://www.facebook.com/pages/LJ-Gilland-Real-Estate-Pty-Ltd/169194919788253http://www.ljgrealestate.com.au