Brisbane Property Market: Buy Now or Wait?

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  • เผยแพร่เมื่อ 20 พ.ย. 2024

ความคิดเห็น • 99

  • @BrigetGstar
    @BrigetGstar 28 วันที่ผ่านมา +239

    Money actually grow on trees but only on trees that was planted by you!! These tress are referred to as investments How you diversify your investment portfolio matters.

    • @MesutMilleliri
      @MesutMilleliri 28 วันที่ผ่านมา

      The BIGGEST LIE You've Been Told About Money is that it doesn't grow on TREES!! 😆

    • @Erikkurilla01
      @Erikkurilla01 28 วันที่ผ่านมา

      Diversification is the key. My portfolio is well diversified with the help of a financial adviser. This helps me make more than +400% monthly on my investments.

    • @BaffySchenck
      @BaffySchenck 28 วันที่ผ่านมา

      I've searched for financial advisers online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation???

    • @Erikkurilla01
      @Erikkurilla01 28 วันที่ผ่านมา +1

      JULIANNE IWERSEN NIEMANN

    • @Erikkurilla01
      @Erikkurilla01 28 วันที่ผ่านมา

      That's whom i work with

  • @Deano00777
    @Deano00777 หลายเดือนก่อน +14

    Does anyone realise that there is no advantage of high house prices? If my house doubles in so called value, I can’t sell it and buy 2.

    • @ashleycross9624
      @ashleycross9624 หลายเดือนก่อน +4

      Money goes to developers, Chinese investors, and politicians.

    • @markuswilmes3694
      @markuswilmes3694 หลายเดือนก่อน

      You can if you move to the next unrecognised boom town

    • @ldandco
      @ldandco หลายเดือนก่อน +2

      Gosh, some people are just fing blind
      Here is the advantage for you in simple words
      Buy two houses, they double in value, sell one, pay the full debt on the other
      Buy one house, it doubles in value, you still cant pay the full mortgage
      See it yet ?

    • @markuswilmes3694
      @markuswilmes3694 29 วันที่ผ่านมา

      So true Ashley

  • @LucasBenjamin-hv7sk
    @LucasBenjamin-hv7sk 3 หลายเดือนก่อน +46

    Back in the day, when I purchased my first home to live-in; that was Brisbane in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.

    • @Franklin-gq4si
      @Franklin-gq4si 3 หลายเดือนก่อน +5

      If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.

    • @williamDonaldson432
      @williamDonaldson432 3 หลายเดือนก่อน +7

      Home prices will come down eventually, but for now; get your money (as much as you can) out of the housing market and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes.If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.

    • @foreverlaura-fq4eu
      @foreverlaura-fq4eu 3 หลายเดือนก่อน +4

      @@williamDonaldson432 Impressive can you share more info?

    • @williamDonaldson432
      @williamDonaldson432 3 หลายเดือนก่อน +4

      There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Annette Marie Holt for about 3 years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

    • @CharlesArthur-fq5sx
      @CharlesArthur-fq5sx 3 หลายเดือนก่อน +1

      Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

  • @sapiens7821
    @sapiens7821 หลายเดือนก่อน +1

    Australia’s population will continue to grow over the next few decades. Brisbane is becoming one of the best cities to live in within Australia. With strong demand and an ever population boom and low supply. Property prices will keep going up and up as well as rentals. Wait till houses hit over 1.5m median price and a few million in premium suburbs.
    Logan, Ipswich, Moreton Bay, Up and Up. To the youngsters reading this buy as early as possible. It’s big going to become more expensive.
    We now need to earn in excess of $250,000 plus a year to live in the metro and surrounds areas

  • @GovernYourself
    @GovernYourself 3 หลายเดือนก่อน +12

    I don't think property prices are going to continue as is. I sense big changes ahead with the financial system and policy changes. It can't continue as is.

    • @thomasmorison8093
      @thomasmorison8093 2 หลายเดือนก่อน

      Yes, that is a very rational thought. Unfortunately policy changes that impact the property market are highly political, so the 'can' will inevitably be kicked down the road until it is politically advantageous for the government in power to make changes.

    • @躺平专家
      @躺平专家 หลายเดือนก่อน

      Aus has another decade of growth due to many factors, AUD is rapidly losing purchase power whichs why you feel price is high in everything not just housing

  • @dankschang
    @dankschang 18 วันที่ผ่านมา

    Thinking out loud...what if one built a multi unit apartment purely for rental in Brisbane, and launching into REIT, would that benefits the short term user segment eg. Students, Working professional from states or region (eventually their prefer to going back to their hometown)...since home ownership become a burden for city dwellers.

  • @Deano00777
    @Deano00777 หลายเดือนก่อน +2

    We all have to make a stand very soon.
    Every renter simply has to say “I’m not paying rent anymore”.
    This is what it will take for things to change.

    • @sallyjohnson5985
      @sallyjohnson5985 หลายเดือนก่อน

      You mean you’re not paying rent increases more often than annually, otherwise you won’t be renting.

    • @Deano00777
      @Deano00777 หลายเดือนก่อน

      @@sallyjohnson5985 no, I meant exactly as I wrote. All renters, millions of them, have to make a line in the sand.
      The government clearly isn’t listening.

    • @sallyjohnson5985
      @sallyjohnson5985 หลายเดือนก่อน +1

      @@Deano00777 Jesus! Next you’ll be talking up Mao Zedong’s death to landlords! The government has already legislated rent control. You think owners have a free for all here?
      Get real!

    • @Deano00777
      @Deano00777 หลายเดือนก่อน +1

      @@sallyjohnson5985 what’s the other option? Sit around, let things stay the way they are, in 10 years a fixer upper will be $3m while the ages will be 120k.
      The young people in this country have been absolutely sold out to the point most of us can’t afford to even have a child.
      We all know the housing market in Australia is completely out of whack.

    • @sallyjohnson5985
      @sallyjohnson5985 หลายเดือนก่อน

      @@Deano00777 totally agree there. Cut immigration for starters.

  • @Specify1
    @Specify1 หลายเดือนก่อน +4

    What happened to bros eye brows 😂

  • @brett7989
    @brett7989 3 หลายเดือนก่อน +3

    I just sold and I’m going renting so iv seen how many people are viewing open homes at sales and rentals . The numbers are differently slowing . Im north Brisbane. I think the RBA will have to hold interest rates high for longer than other countries because they didn’t lift enough so inflation isn’t under control. My guess is super high immigration is over and unemployment will carry on up. Like a lot of countries . Debt is to high and it’s hard to find people that can afford these new high prices. I think listing will skyrocket. Unemployment will go north of 6%. Demand will carry on getting worse to buy and rent housing. Housing in Australia and nz was correcting in 2019 before the pandemic because prices were to high, my guess is we carry on down like 2019 or even a downturn when the pandemic first hit but wasn’t aloud to happen because of central banks. Having a OCR in 2019 of around 2.5% and then crashing it to zero then up to 4.35% then back to say 2.5% is just messing with peoples heads. House prices and debt and rentals have skyrocketed to unrealistic levels, remember 2019 prices were to high and the debt was a hell of a lot less then

    • @savrah
      @savrah 2 หลายเดือนก่อน

      You posted this in other places too…

  • @busheater944
    @busheater944 3 หลายเดือนก่อน +1

    would love you to do a livestream or video where we can send in our recent property acquisitoins and you can give your opinion on them

  • @jasonvoorheesismydad
    @jasonvoorheesismydad หลายเดือนก่อน

    What building is that with the waterside at 2.35?

  • @redmanssmokehouse
    @redmanssmokehouse 3 หลายเดือนก่อน +4

    Nice video Luke, I'm selling up in Adelaide and moving to Brisbane for work. I'll be right in the valley, what would you recommend the next move be? Should I rent and buy back in Adelaide and get a home or buy an apartment in Brisbane & be close to free hold with the ability to start saving for the next place while also taking advantage of no CGT on personal home?

    • @lukewiles1
      @lukewiles1  3 หลายเดือนก่อน +6

      I'd first rent in brisbane so you can get a feel for the city and rentvest & then look to buy quality houses on over 600sqm in built up suburbs in either Brisbane or Adelaide.

    • @Eric123456355
      @Eric123456355 3 หลายเดือนก่อน +3

      Cheapest sections of Logan and townhouses maybe some houses. Few cheap once. Gentrification happening there , close to cbd. Still and last really afordable place close to cbd , transport etc but changing quickly. Before stigmatised: Bogans , poor immigrants etc. Eagleby , Woodridge , Logan Central and so on. Now cheapest accelerating fast , Localisation! Just check datas. In only six months I have created little fortune overthere. Right now you can grab 2 bdr townhouses for around 400k (check how they changing) and focus on capital growth.

    • @scetchport
      @scetchport หลายเดือนก่อน

      Brisbane beeing overtaken by immigrants, knife attacks, home breaking while you sleep, if you're lucky ,is maddness now.
      Go country.

  • @MrJulzies
    @MrJulzies 3 หลายเดือนก่อน

    Would be good if you can link the documents you include in the description. Thanks for a useful vid

  • @bradshipwayproperty
    @bradshipwayproperty 3 หลายเดือนก่อน +2

    Good coverage of the data

  • @davelim2573
    @davelim2573 3 หลายเดือนก่อน +1

    what is a good area to buy for long term growth with 1mil? for house. I am been a long time subscriber. Keep up your good work and hope you stay well !:)

  • @bradmackie3476
    @bradmackie3476 3 หลายเดือนก่อน +1

    What will unemployment do to the property market?

  • @mrdobalina3451
    @mrdobalina3451 3 หลายเดือนก่อน +3

    A buyers agent weighing in on whether they think you should buy or not. Gee, I wonder what they will be recommending 😂

    • @lukewiles1
      @lukewiles1  3 หลายเดือนก่อน

      @@mrdobalina3451 buy buy. Never sell 😂

    • @adambadam623
      @adambadam623 หลายเดือนก่อน

      Yeah lol 🍌

  • @vincewant6325
    @vincewant6325 3 หลายเดือนก่อน +2

    Thanks Luke for video - whats your thinking about the legislation being brought to parliament lately to have a firm 40% only overseas immigrants limit applied to all universities ?. How many universities are within brisbane Luke ?. Just wondering as Sydney and Melbourne are looking at a very substantial number plus vacancies are near 3.5% within 5km of both city centre’s is Brisbane rising also ?.

    • @lobuvies
      @lobuvies 3 หลายเดือนก่อน +3

      International (and domestic) students aren't buying properties, but they are renting - so while the rental market might see some stabilization, I can't see it affecting prices with so many international investors and first home buyers.

    • @vincewant6325
      @vincewant6325 3 หลายเดือนก่อน

      @@lobuvies many investors were buying for international students to rent though so who will pay their rents and incoming Extra land taxes that are rolling out across the country like Victoria. It Will be also interesting with so many mines closing and major mines opening in Africa and Algeria Iron ore major productions. Possibly will be the same effect on Australia sector like the Nickel/Lithium sectors now closing. Unfortunately thousands of small businesses closing also so looks like a uncertain 2025/26 imo

  • @traintwo
    @traintwo 3 หลายเดือนก่อน +1

    Might try that course mate!

  • @paulfri1569
    @paulfri1569 หลายเดือนก่อน +1

    Brisbane needs more residential lands or to infill more.. Boondall Wetlands would make very cool canal estates plus be a very desirable area to live in and Samford is still very underdeveloped..

  • @zafreenquraishi9825
    @zafreenquraishi9825 3 หลายเดือนก่อน

    Informative video

  • @rw-xf4cb
    @rw-xf4cb 3 หลายเดือนก่อน +1

    Labour putting in unrealized gains tax for those over $3M - that's going to be problematic for investors doesn't take too much in land now to hit that.

    • @lukewiles1
      @lukewiles1  3 หลายเดือนก่อน +1

      this is for superannuation not for personal portfolios

    • @rw-xf4cb
      @rw-xf4cb 3 หลายเดือนก่อน

      @@lukewiles1 People have land in their super too and if it starts in super it wont be long or a stretch to see it go further.

    • @huschhima2171
      @huschhima2171 3 หลายเดือนก่อน +2

      Vote labour out 😅

  • @paulfri1569
    @paulfri1569 หลายเดือนก่อน +1

    Brisbane needs much higher density in the middle ringed suburbs plus creating more community hubs..

  • @drakelar1957
    @drakelar1957 3 หลายเดือนก่อน +1

    I appreciate the information in this video, Luke. I have a few properties in the Moreton Bay and Logan City Councils (couldn't afford to get into Brisbane) - will this predicted growth spread to these areas/councils as well?

    • @Eric123456355
      @Eric123456355 3 หลายเดือนก่อน +1

      Yes and good you bought there not the expensive once

    • @adambadam623
      @adambadam623 หลายเดือนก่อน

      🍌

  • @alsaudiatibifoundation001
    @alsaudiatibifoundation001 3 หลายเดือนก่อน +31

    *Amazing video, you work for 4Oyrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires* ...

    • @joshraphaelbatusin933
      @joshraphaelbatusin933 3 หลายเดือนก่อน +2

      I'm favoured, $90K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America,, all thanks to Mr Jeff Clark

    • @scrumpy615
      @scrumpy615 3 หลายเดือนก่อน +1

      Is there any way to contact him

    • @lucassilvaoliveira6064
      @lucassilvaoliveira6064 3 หลายเดือนก่อน

      he's mostly on Telegrams, using the user-name

    • @lucassilvaoliveira6064
      @lucassilvaoliveira6064 3 หลายเดือนก่อน

      @Jeffclark6
      ✌💯🇺🇸

    • @Itsaraveeef
      @Itsaraveeef 3 หลายเดือนก่อน

      My advice to anyone holding cryptocurrency right now is to invest it and earn upto 70 times of the initial capitals. Holding cryptocurrency will make it reduce because once the price goes down it will definitely go down as well but when you invest it, you won't have to worry about anything

  • @stronzer59
    @stronzer59 2 หลายเดือนก่อน

    when a house cost $10M, a loaf of bread $30, a pint $100 , a pie $60, a pizza $200 you know you're in Ozville stone broke

    • @biggils8894
      @biggils8894 2 หลายเดือนก่อน

      It’s going to happen within 10 years. Ppl just can’t see it bcse of the censorship

  • @dale4330
    @dale4330 2 หลายเดือนก่อน

    All sounds good until people cant eat and have less money to spend means businesses collapse and unemployment rises. Then people can't pay their mortgage. Dangerous advice here.

  • @rameshtronics
    @rameshtronics 3 หลายเดือนก่อน +1

    Good information.. great data

  • @Perfection212
    @Perfection212 หลายเดือนก่อน

    Buy now so that you will have a collateral later on when you gonna be dump in the Nursing Home!😅

  • @tomuuni89878
    @tomuuni89878 13 วันที่ผ่านมา

    No eyebrows!

  • @grointastic4242
    @grointastic4242 หลายเดือนก่อน +1

    Queensland will have the biggest crash in History of crashes.

    • @eileenowens500
      @eileenowens500 หลายเดือนก่อน

      Why is that?

    • @grointastic4242
      @grointastic4242 หลายเดือนก่อน

      @@eileenowens500 because they are way way way overpriced. Do you think Queensland is a better place for business than Melbourne? The house prices are more than Melbourne now . The amount of units up there will never ever be sold and thus massive price crash incoming. It’s not rocket science . You can’t sell a holiday destination when you only get 1 sunny day a week and the rest is rainy. The biggest housing crash of all time incoming.

    • @eileenowens500
      @eileenowens500 หลายเดือนก่อน

      @@grointastic4242many more than 1 sunny day in Brisbane

    • @grointastic4242
      @grointastic4242 หลายเดือนก่อน

      @@eileenowens500 too may apartments going up to never sell.

  • @paultelford4444
    @paultelford4444 หลายเดือนก่อน

    Bubble

  • @tonydawson2670
    @tonydawson2670 2 หลายเดือนก่อน +2

    Forget about the nightlife. Brisbane is the most liveable city in Australia, if not the world...

    • @paulfri1569
      @paulfri1569 หลายเดือนก่อน

      Brisbane needs much higher density in the middle ringed suburbs plus creating more community hubs..

  • @not-woke
    @not-woke 24 วันที่ผ่านมา

    Oops
    Welcome to the boycott list 😂