Dominique Grubisa’s Post

❌ 𝗧𝗵𝗶𝘀 𝗶𝘀 𝘁𝗵𝗲 𝘄𝗼𝗿𝘀𝘁 𝗽𝗿𝗼𝗽𝗲𝗿𝘁𝘆 𝘆𝗼𝘂 𝗰𝗮𝗻 𝗯𝘂𝘆 𝗮𝘀 𝗮𝗻 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 . . . Off-the-plan apartments 💀 You probably know someone who have bought one and the apartment didn't perform well, especially when houses around the country boomed 😬 I almost bought a brand new townhouse in Melbourne 6 years ago - luckily I pulled out of the contract when I found out the person recommending was a spruiker. That same townhouse is now worth $120,000 LESS than the contract price after 7 years 💀 Imagine I bought an apartment instead 👀 Here's why I would NEVER recommend anyone to buy a brand new apartment: ❌ High supply is the enemy of capital growth When you buy an off-the-plan apartment, there's 100% going to be hundreds of the SAME apartment around yours - there is zero scarcity. ✅ A house on a big block of land is a much better investment as land is finite whilst airspace is infinite For capital growth, we want LOW supply and HIGH demand ❌ Brand new products = you're paying a premium Just like a brand new car loses 15-20% of its value the minute you drive off - apartments are the same but worse. Did you know the prices are inflated due to: - Developer margins - minimum 20% loaded onto the end sale price - Marketing and advertising costs - they pass the cost of those shiny brochures and display suites to you (the end consumer) - Sales staff commission - did you know the salesperson who sells an off-the-plan apartment earn about $30k-$50k per property sold? Guess who's paying for it -us! As a result, typically the apartment has limited growth for the next few years due to the price premium we paid. ✅We want to instead buy BELOW market value in an undervalued market - that's where the properties I've bought for myself and clients grew 10-20% in the first year ❌ Likely to be in the wrong market for best growth There are 15,000 suburbs in Australia and only 0.05% of them are at an optimal time in the cycle for buying (ie. It'll have significant growth over the next 3-5 years). Other suburbs will have average or below average growth. These new apartments are normally built in Sydney, Melbourne, Perth and South-East Queensland. None of the data in these locations are pointing to strong growth for apartments in oversupplied areas ✅ For 99% of investors, houses with scarcity in the right location will outperform these new apartments I hope you found this post helpful - like it if you did. I've seen too many people get burnt by these developers and salespeople (myself included)! If you've been thinking about or have bought one of these new properties and need an independent review of it- just let me know. It saved me over $120k in losses because I got someone to review it and cancelled the contract - could save you that money too 🙏 #newproperty #Offtheplan #realestatetips #sydneyrealestate

WHAT SUBURBS ARE NEXT? Brisbane's property market has surged to new heights, with a record number of its suburbs now joining the prestigious million-dollar club, according to the latest CoreLogic Million-Dollar Markets report. In an impressive show of strength, Brisbane tied with Sydney for the largest net increase in million-dollar markets this year. Forty-six markets—32 new entrants and 14 re-entrants—all house markets, entered the million-dollar club, bringing the total to 149. That’s a remarkable 46% of the 324 suburbs analysed, far surpassing the previous peak of 114 in June 2022, when just over a third of the city’s suburbs could claim this elite status. Unsurprisingly, the surge in Brisbane’s property values reflects a broader trend, with home prices climbing an extraordinary 15% over the past year alone. "The steady influx of interstate migration, combined with a persistent shortage of advertised listings and newly built housing, has propelled Brisbane’s property values up by 65.1% since the onset of COVID,” says CoreLogic Economist Kaytlin Ezzy. “This meteoric rise has diminished much of Brisbane’s previous affordability advantage, positioning it as Australia’s second most expensive capital, with a median dwelling value of $875,040." Among the city’s most exclusive suburbs, Hamilton ($2,332,478) has overtaken Ascot ($2,292,159) as the crown jewel of Brisbane real estate. Hamilton's median house value rose by 1.2% while Ascot saw a slight dip of 2.8%, reaffirming Hamilton’s dominance at the top end of the market. Interestingly, while Brisbane’s unit market recorded a stronger annual price increase (19.4%) compared to houses (14.1%), no unit market yet reached a seven-figure median price. New Farm came the closest with a median unit value of $999,075, signaling the strength and growing allure of Brisbane’s high-end apartment markets. When once-quiet suburbs like Logan Village and Carseldine are now hitting million-dollar medians, it’s no wonder Brisbane’s property market is thriving. Yet, even these impressive figures pale in comparison to some mind-boggling real estate feats across the country—like the recent sale of a 115 sqm, one-bedroom bachelor pad in Sydney's Bondi Beach for an eye-watering $11 million. While Brisbane might not be playing in that stratosphere yet, the city's upward trajectory suggests the growth is far from over. Meanwhile, as the RBA remains laser-focused on curbing inflation, the official cash rate remains steady. New RBA Governor Michele Bullock cautioned that while there has been some progress, inflation will likely remain above target until the end of 2025. In a world where the economic goalposts are constantly shifting, one thing remains clear: Brisbane’s property market continues to be a sound investment. What Brisbane suburbs do you think will join the Million Dollar Club next, let me know in the comments? #brisbane #brisbanerealestate The Ray White Collective

🌆 Melbourne Housing Market Trends for 2024 🏡 Melbourne’s property market is set for an exciting phase of growth. While it hasn't experienced the rapid surges seen in some other capitals, Melbourne is now primed to catch up, with strong potential for value gains over the next year or two. 🔑 What’s driving this optimism? We’re already seeing positive signals: auction clearance rates have remained solid, showing there’s significant demand in the market. Buyer and seller confidence is building, and that’s often the first sign of a market ready to accelerate. There’s also a lot of "inbuilt equity" in Melbourne’s housing market right now, particularly in undervalued areas. But success in this market is about smart investment—knowing where to buy, what to buy, and which suburbs are on the cusp of growth. Not every property will offer the same return, so strategic decisions are key. 🌟 Why act now? Waiting for interest rates to drop might seem tempting, but here’s the reality: by then, you could be in a competitive tug-of-war with eager owner-occupiers for the best properties. Acting now, when there’s room for strategic buying, could help you get ahead of the curve. 🏠 Rental Market on Fire Melbourne’s rental market is another reason for optimism. Vacancy rates are at historic lows, and rental prices are soaring. For investors, this presents an incredible opportunity, as high demand for rental properties will continue pushing rents upwards, offering solid returns. 24/25 is shaping up to be a year of opportunity in Melbourne real estate. Whether you’re looking to buy your dream home or invest for the future, Melbourne’s market has plenty to offer for those who make informed, timely decisions. Discover the Difference 🏡 Efficiency | Service | Innovation | Quality | Respect #AldrichHomes #HouseAndLand #Wholesale #MelbourneProperty #RealEstate #HousingMarket #PropertyInvestment #RentalGrowth #Melbourne

Arvo #RealEstateAustralia! Sydney's housing market has become a fortress of high prices, pushing many would-be homeowners to consider new horizons. With the cost of buying property in Sydney soaring beyond reach for many, Melbourne is emerging as a promising alternative. Sydney's property prices have climbed to staggering heights, making it increasingly difficult for first-time buyers and even seasoned investors to secure a home without breaking the bank. The median price for a four-bedroom house in Sydney sits at an eye-watering $1.525 million. Compare that to Melbourne, where the median is a more accessible $905,000—a difference of $620,000! Melbourne isn't just affordable; it's also filled with opportunities. According to the latest reports, Sydney's house prices are expected to rise by 6-8% by the end of FY25, pushing prices even higher. Meanwhile, Melbourne's prices are forecasted to rise more modestly, by 0-2%. This means Melbourne will continue to be more affordable, attracting more buyers who are priced out of Sydney. This growing affordability gap is driving a wave of buyers from Sydney to Melbourne. Melbourne’s suburbs, like Manor Lakes, offer the perfect blend of affordability, space, and proximity to the CBD, making it an attractive option for those looking to own a home without compromising on lifestyle. If you’re feeling the pinch in Sydney, it might be time to look south. Melbourne’s property market offers a glimmer of hope in these challenging times, promising both value and growth in a city renowned for its culture and livability. Could Melbourne be your next big move? What do you mates think? #ArcaniteInsights #SydneyHousingCrisis #AffordableHomes #RealEstateInvesting #HomeBuyingTips #MoveToMelbourne #PropertyMarket #HousingAffordability #RealEstateAustralia #InvestInProperty

Sydney Suburbs Where Property Values Have Doubled: Do Houses & Units Appreciate Equally? Not all Sydney suburbs—and property types—deliver the same returns on investment. While some areas have seen property values double in a short period, the gap between houses and units is significant. Whether you're an investor or an owner-occupier, understanding these differences is key to making smart decisions. For example, in Mosman (Lower North Shore), houses doubled in value in 9 years, while units took 13 years. In Neutral Bay, houses appreciated in 11 years compared to 12 years for units. Areas with more units, like Cremorne Point and Kirribilli, saw units appreciate much faster. On the Upper North Shore, houses in suburbs like Pymble and Roseville doubled in 9 years, but units took up to 22 years. The Eastern Suburbs had the fastest growth, with houses in Double Bay doubling in just 5 years, while units took 10-11 years. As Buyers Agents', we know that location and property type are critical to capital growth. If you're considering your next investment, understanding these trends can make all the difference. Read our full article below to see how long it took some suburbs to double in value and in which suburbs units did better than homes. #SydneyProperty #InvestmentTips #CapitalGrowth #BuyersAgents #PropertyMarket #sydneybuyersagent https://lnkd.in/gxAARwBK

I read an interesting property update by Michael Yardney this week. He discussed recent data on dwelling prices released by CoreLogic Australia. Along with a few other reports, this provides key data points that I find quite telling as we approach 2032, specifically in the SEQ housing markets. 1️⃣ Firstly, Brisbane's median property price currently sits at around $796,818, which is $888,628 for houses and $568,595 for units. According to CoreLogic data (Tim Lawless) Brisbane dwelling values have increased by 340% (5.1% per annum) over the past 30 years. Based on this trend line, it can be assumed that by 2030, median house prices could rise to as high as around $1.3 million and units to around $800,000. Additionally, Brisbane and SEQ's strong population growth and infrastructure spending will underpin long-term property price growth. 2️⃣ Secondly, PRD Real Estate research shows that there have been sharp increases in house prices near Olympic venues, particularly in a 5 to 10km radius of stadiums and venues. PRD's paper (Dr Diaswati (Asti) Mardiasmo) analysed other Olympic cities such as Tokyo, Sydney, and London, which all saw significant house price hikes in the 12 months after the games. Historically, suburbs that have hosted the Olympic & Paralympic Games have become "investor playgrounds" for overseas buyers. As a result, these suburbs are not ideal for first homebuyers or purchases on low to medium incomes, I would argue. 3️⃣ Thirdly, history tells us that Brisbane's Expo 88 saw house prices rise by 238% in the 11-year lead-up to the event. So, what am I really getting at? If we assume price growth at this level up to 2030 - 2032, a key question for me sits around housing affordability - and in turn, how much housing supply can we get into the market, and what type of product will it be? If it's not the right number, or the right mix, there is a real risk of major displacement in the lower-income categories in the host city and surrounding regions. Good news for investors, but unfortunately, it doesn't benefit the individuals who fall in the bottom 40% of income bracket. This includes many of our low-paid key workers, families, and retirees who depend on being located near jobs, services, and transport systems. The #SEQRegionalPlan and Queensland Housing Plan (#HomesforQueenslanders) goes to some of this in terms of dwelling targets, type, social and affordable housing requirements etc. But, I think it's absolutely essential to also track displacement and housing market impacts closely in the lead up to 2032. Q Shelter Department of Housing, Local Government, Planning and Public Works Department of the Premier and Cabinet (Queensland) Queensland Treasury Department of State Development and Infrastructure Council of Mayors (SEQ) Economic Development Queensland Brisbane 2032 Australian Housing and Urban Research Institute (AHURI) #trackdisplacement #2032Games #Go4Gold #Brisbane2032 #SEQ #queensland

Where can you find affordable homes in Australia? Real estate group PRD’s latest Affordable and Liveable Property Guide has revealed where house and unit buyers can stretch their budgets the furthest in Sydney, Melbourne, Brisbane, and Hobart. An ‘affordable’ suburb was defined as a suburb that has a lower median house/unit price compared to the relevant metro area. Brisbane was the top city for affordable units, with 60.3% of its suburbs meeting this classification. Melbourne came in second, with 47.3% of its unit suburbs deemed affordable with a median price of $610,000 – lower than Brisbane’s $730,000. Hobart followed closely with 45.9%, while Sydney trailed at 41.4% with a median unit price of $850,000. When it comes to houses, Hobart was the clear winner, with 40.4% of its suburbs affordable, compared to Sydney’s low of 12.1%. PRD chief economist Diaswati Mardiasmo said the shift towards purchasing units was “inevitable” given that nearly half of unit markets (48.7%) remain affordable across these four capital cities, compared to just 29.2% for houses.

🏡📰 **Attention Melbourne Property Investors!** 📰🏡 🔎 Are you looking for affordable property options in Melbourne? Look no further! 🤩 According to a recent article from The Sydney Morning Herald, there are several Melbourne suburbs where property prices have fallen below their 2019 levels. 📉 This is great news for investors who are looking for a bargain in the current market. 💰 🌇🏘️ If you're curious to know which suburbs have experienced this price drop, click the link below to read the full story: 👉 [Melbourne Suburbs Where Property Prices Are Cheaper Than Five Years Ago](https://lnkd.in/gUzrc4Sg) 👈 📚 Stay informed and make the most of these opportunities! Connect with us for more up-to-date real estate news. 📲💼 #MelbournePropertyInvestors #AffordablePropertyOptions #RealEstateOpportunities #StayInformed #ConnectWithUs

🏡 Australia’s Property Market in 2025: Sydney vs Brisbane vs Melbourne 🏡 As we head towards 2025, Australia’s major property markets—Sydney, Brisbane, and Melbourne—are each telling a different story. Sydney continues to see modest growth in 2024, with prices up 0.2% in September and 4.5% over the year. Despite a slowing pace, demand remains strong amid a housing supply crisis. Inner-ring suburbs and family homes in premium areas like Randwick and Coogee are outperforming, while rising rents and tight vacancy rates underline the pressure on the rental market. Brisbane, on the other hand, is moving through its 20th month of consecutive growth. Prices are up 0.9% in September and a staggering 14.5% over the year. With more homes on the market but still selling in a median of 20 days, Brisbane’s market remains robust, especially for properties close to the CBD. Freestanding houses in good school catchments continue to dominate. Melbourne is facing a slowdown. Housing values fell 1.1% in the September quarter, with increasing listings creating a buyer’s market. Despite the challenges, Melbourne’s long-term data shows resilience, with house prices up 459% over 30 years. Forecasts predict moderate growth in 2024, particularly in stable inner and outer east suburbs. Whether you're eyeing Sydney’s affluent inner-ring, Brisbane’s lifestyle locations, or Melbourne’s stable suburbs, the key to success is targeting properties with strong demand and long-term growth potential. #realestate #propertyinvestment #sydneyproperty #brisbaneproperty #melbourneproperty #housingmarket #investors

🏡📰 **Real Estate News Alert!** 📰🏡 🔎📚 Curious about the Sydney property market? 🤔🏙️ Well, we've got some interesting insights for you! A recent article from The Sydney Morning Herald reveals that despite the broader market trends, a handful of Sydney's most coveted lifestyle and premium locations have managed to buck the trend. 📈✨ According to the article, landlords in these suburbs have been unable to raise the rent over the past year. 😮📉 If you want to find out which suburbs are defying the odds, click the link below to read the full story! 👇🔗 📰 [Read the full article here!](https://lnkd.in/g493cPiT) 🔔 Stay in the loop with the latest real estate news by connecting with us! 📲💼 Just click the "Connect" button to receive more updates and insights. 💡🏠 #RealEstateNews #SydneyPropertyMarket #StayInformed