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Brisbane Boom: Now Australia's 2nd Most Expensive City? 

Luke Wiles
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2 июн 2024

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Комментарии : 40   
@Scritz
@Scritz Месяц назад
I definitely think Brisbane has room to continue to move up. But areas that have had similar growth but at a lower market cap but with massive potential are: Logan - 30 minutes to the city and 30 minutes to the beach. If you're in the right area you can't lose. Ipswich - never thought I'd be saying this, but there are good areas that are still reasonably priced. Scenic Rim - Mainly Beaudesert & Jimboomba - Jimboomba alone has had huge growth over the past few years with massive infrastructure upgrades and commercial developments currently ongoing. Things are looking very positive South and West of the Brown Snake.
@I_LOVE_THE_SUNCOAST
@I_LOVE_THE_SUNCOAST Месяц назад
Housing prices in Australia seem scandalously high, higher than even here in America.
@malkov0001
@malkov0001 Месяц назад
Australia has a tiny population compared to the USA - about 10%. Therefore, our population is concentrated around a few major capital cities due to job opportunities, lifestyle etc. Imagine if 80% of the USA population lived in NYC, Seattle, San Francisco and LA! You might like Alaska but it might be hard for you to raise a family, find a high-paying job and send them to a good university.
@ZENbulldozer
@ZENbulldozer Месяц назад
What are your thoughts on the stamp duty changes fueling a rise in apartment prices in Brisbane?
@YouTubekaaranda
@YouTubekaaranda Месяц назад
you are a champion !
@petpillow
@petpillow Месяц назад
The banks won’t even lend much to me, in the market with over 120k cash and got pre approved for $288,000 😂 looks like I’ll be buying property outside Dalby at this rate 😂
@malkov0001
@malkov0001 Месяц назад
I bought a house in Red Hill, QLD for about $400K 20 years ago. It's worth about $1.5M today. That's about a 7% p.a. capital gain during that period. Have I done well? I'm not sure because I locked in my investment loan at 8.5% p.a. for 15 years since 2008. That is in addition to land tax, council rates, water rates, insurance, repairs and maintenance. Will I sell it? Probably not because I can access my equity or super tax-free or sell some stocks. What if it doubles again to $3M over the next 10 years? The current tax laws mean it's bad for investors to sell their investment houses. Since there's NO MORE land in major capital cities, the demand keeps outstripping supply of existing homes in top locations... therefore pushing prices up.
@jobinjoseph5205
@jobinjoseph5205 Месяц назад
Logan city council and bunch of middle agents fukd me up with this property. They checked the floodmap and stated there is no flood zone in the proposed land and later after 3 years they added a floodrisk to our land. The council till this date never communicated with us. Is this fair to the people who trust these councils? At least at the time of registration last year they could have communicated this with us. So we could sell it before commencing build. Too late. Lessons learned from Australia!!! Opinions please. Need some thoughts here...
@garyhuang11
@garyhuang11 Месяц назад
Don't know just yolo
@vittorianesse
@vittorianesse Месяц назад
Instead of pouring $$$ into a non-productive asset, PLEASE start a business. Australia is the least innovative due to this wrong-headed obsession with property & prices.
@herbertvonsauerkrautunterh2513
@herbertvonsauerkrautunterh2513 Месяц назад
Do you know any all the regulatory hurdles and compliance. Then there's tax... And a lot of other issues depending on the industry . Australia is way over regulated and over taxed. I just a small business and have trouble competing with Joe Bloggs the bogan on centerlink who works for cash, cheap so he can go buy his ciggies, grog or drugs. Regulation the easy it is doesn't work..
@Ben-zv7ph
@Ben-zv7ph Месяц назад
No!!
@kurochandog9472
@kurochandog9472 Месяц назад
My family tried to start a high tech business last year, the first phase negotiation with Qld state government, they asked to share the tech, without providing facilities and infrastructure nor any incentive to our business. so yes our reply to them is go fxxk yourself, we move business to Taiwan.
@AB-gu9ui
@AB-gu9ui Месяц назад
Its funnny how melbourne thought they could compete with Sydney lmao. mebourne isnt even in the top 3 anymore!! ahahahha
@martintokinaga5261
@martintokinaga5261 Месяц назад
That is to be expected when Melbourne lost its manufacturing sector.
@garyhuang11
@garyhuang11 Месяц назад
Expected under a silly lockdown commie gov
@malkov0001
@malkov0001 Месяц назад
Property taxes are too high there. Therefore, investors are avoiding this state. Less demand = lower prices. Besides, bad weather and beaches are too cold to swim.
@eddielong8663
@eddielong8663 Месяц назад
What are you talking about? Having spent time in both cities, I've never heard a single Melbournian display any excitement over becoming more expensive than Sydney. And I've never heard a single Sydneysider brag about being more expensive than Melbourne either. Brisanite's can proudly claim second spot all they like, but it's nothing to crow about, mate. I'm very certain that the whole competition is more to do with population size anyway, not the housing market. In which case Melbourne is indeed closing the gap despite the pandemic hit.
@AB-gu9ui
@AB-gu9ui Месяц назад
@@eddielong8663 Sydney has skyrocketted in value due to the amount of demand. There is no competition anymore, we are too far ahead. Melbourne is competing with brisbane and canberra for second place now. Its been fun, sad to see melbourne fall behind.
@shali505
@shali505 Месяц назад
Is Ipswich or caboolture for a family?
@RealSteveBuscemi
@RealSteveBuscemi 5 дней назад
My family lives in both these suburbs and love it
@herbertvonsauerkrautunterh2513
@herbertvonsauerkrautunterh2513 Месяц назад
What is expensive? Prices are what they are due to market forces. They are correct. But, some market forces can be curtailed. That's government intervention and interference. Building codes, zoning, environmental and sustainability bullshit etc . State governments and councils have a lot to answer for as well. There is always a way but other are either too stupid or too selfish.
@livebymyownlaw7641
@livebymyownlaw7641 Месяц назад
Problem is all the work people
@Tingedarkensaw
@Tingedarkensaw Месяц назад
Can someone give me a property location for 550/600k in brisbane?
@leannemclean5549
@leannemclean5549 17 дней назад
Yes watching …. shitty looking house in Crestmead/ Marsden or nicer place in Caboolture
@vittorianesse
@vittorianesse Месяц назад
The Stock market rose 20% last 12 months and I have not lifted a finger. I don’t have my weekends consumed by renovations or feel depressed about scrimping until death to pay the bank. My friends who are heavily mortgaged to chase a property empire, are bound to their 9-5 and will never achieve their actual dream of being a successful boss. They will also be under water in 6 mths and forced to sell at a heavy loss with the renovations sunk into their investment properties. Then they’ll come to me to borrow just to get by. This is not living!!
@ADHD55
@ADHD55 13 дней назад
Brisbane is gone long gone.. i remember looking at a qldr about a decade ago in logan for 220k..
@RealSteveBuscemi
@RealSteveBuscemi 5 дней назад
Man that’s crazy
@mitchwaller8225
@mitchwaller8225 Месяц назад
Who shaved your eyebrows?
@lukewiles1
@lukewiles1 Месяц назад
I have an auto immune disease called alopecia areata. Started about 12months ago
@mitchwaller8225
@mitchwaller8225 Месяц назад
@@lukewiles1 oh that explains it
@Nut545
@Nut545 Месяц назад
Should look into diet stuff like gluten free to Luke my partner has Coeliac and her mum has rheumatoid arthritis both autoimmune conditions and diet plays a massive part in them. Even tomatoes can flare up stuff with autoimmune conditions
@lukewiles1
@lukewiles1 Месяц назад
@Nut545 trying whole foods diet at the moment. Really hard to cut out gluten tbh
@geirsvarsson8585
@geirsvarsson8585 Месяц назад
Some evidence suggests that if you remove all processed food from your diet the condition may Improve. Carnivore and vegetarian are two routes to consider.
@aahh59
@aahh59 5 дней назад
Did something go wrong on a bucks party? What happened to your eyebrows???
@RealSteveBuscemi
@RealSteveBuscemi 5 дней назад
Blown away by surging house prices
@lukewiles1
@lukewiles1 5 дней назад
I have an auto immune condition called alopecia areata
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