brisbaneapartment’s blog

New York or Brisbane

2009-11-01T04:41:46Z

A luxury apartment on Fifth Avenue in NYC is a similar price to a luxury apartment in Brisbane. How can this be? For example, see this brochure, that was issued at the height of the NY property boom. http://www.newyorkresidence.com/Pictures/Compa...

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Hamilton Harbour Update

2009-10-31T11:30:27Z

"Strong pre-sales of residential units in Hamilton Harbour stage 1 with 89% of 257 units now sold. (This project is also a JV with Leighton Properties) ... Hamilton Harbour and King George Central forecast to commence later this calendar year subj...

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The Mill at Albion

2009-10-31T11:20:09Z

The rumor around town is that the Mill at Albion development, by FKP, has been shelved and will not go ahead.

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Tennyson Reach Lawsuit

2009-10-31T11:01:02Z

Tennyson Reach Lawsuit Judgment As previously noted, Mirvac is suing a number of its off-the-plan customers for failure to settle at the over-priced Tennyson Reach development. Mirvac was recently successful in court on one issue. A purchaser c...

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Mosaic, on Ann Street, in the Valley

2009-10-31T11:00:05Z

Mosaic The Valley is now being sold off-the-plan, with a large advertising campaign. It is located on Ann Street (the major road from the airport to the city), at Church Street. If there are enough off-the-plan sales, so that construction can star...

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Promenade At Portside

2009-10-31T10:57:31Z

Multiplex still has a number of apartments to sell off-the-plan at Portside Promenade, located near Hamilton. Construction has not yet started on this building, which is the third apartment building in the development. See prior posts. The develo...

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Bicycle Sharing

2009-10-31T09:23:07Z

The Brisbane City Council has proposed a bicycle sharing system, based on the one in Paris. Here is a good story about the reality of the Paris system. http://www.nytimes.com/2009/10/31/world/europe/31bikes.html

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Architect's Website

2009-10-16T13:19:14Z

Ellivo Architects have a nice website, with photos of the developments they have worked on. http://www.ellivo.com/folio_menu/folio_menu1.html Ellivo did the work for the upcoming Yungaba development, as well as Trilogy Spring Hill and Solito. You...

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REIQ) June quarter gross rental yield report - extract Brisbane apartments

2009-10-16T11:19:04Z

Locality Weighted average median¹ Median Rent /Wk Annualised Median Rent² Gross Rental Yield Brisbane City/Spring Hill $360,676 $540 $28,080 7.8% Buranda/Dutton Park/Wooloongabba $337,000 $380 $19,760 5.9% East Bris/Kangaroo Point $40...

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Matisse Tower

2009-10-16T11:05:58Z

Recently, a number of purchasers of real estate in an off-the-plan strata title office development in Brisbane, the Matisse Tower, got out of their contracts. See APM Property 3 Pty Ltd v Blondeau & Ors [2009] QSC 326 (8 October 2009)It has been...

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