Categories
Economy

Off-The-Plan Deceptions

Buyers are being shocked with changes to their off-the-plan apartment purchases.

Categories
Construction Economy

Building Approvals Plunge

Building approvals have plunged by over 8% on a seasonally adjusted basis. Not a confident sign for the economy.

Categories
Economy Property Real Estate

Selling to Escape The Property Crash

Selling your primary residence to escape the property crash.

Categories
Economy Real Estate

Predictions of an Apartment Shortfall

#Property #RealEstate #HeiseSays An apartment shortfall is being predicted based on advertising data. Once again I am sceptical. References Slump in new apartment projects means shortfall in 2021

Categories
Economy Property

Worst Property Market in Decades

#Property #RealEstate #HeiseSays REA is claiming that the end of the property boom was manufactured. References https://www.smh.com.au/business/companies/about-as-bad-as-it-can-get-rea-boss-bemoans-worst-market-for-property-in-decades-20191108-p538ow.html?fbclid=IwAR3UM5jA4C94d67mb3GgVYiBCfXFna6JSrWPb5uCXbzGwRJJl6KajtGhx_E

Categories
Australia 108 Property

Luxury Apartments Dropping 25%

#Property #RealEstate #HeiseSays Off-The-Plan apartments at Australia 108 have plunged in value by up to 25%. References ‘Stupidity’: Buyer rues overpaying for apartmenthttps://www.afr.com/property/residential/my-own-stupidity-buyer-rues-overpaying-for-australia-108-apartment-20191106-p537tk?&utm_source=facebook&utm_medium=social&utm_campaign=nc&eid=socialn:fac-14omn0053-optim-nnn:nonpaid-25/06/2014-social_traffic-all-organicpost-nnn-afr-o&campaign_code=nocode&promote_channel=social_facebook&fbclid=IwAR2RHfmc4N00yhv14g7Cg1Eo3rXBmH1klyc25BFpepHcoLrlfpah2hNBqzQ

Categories
Real Estate

Faking Auction Clearance Rates

#Property #RealEstate #HeiseSays Advertised Auction Clearance Rates are much higher than the formula Domain claim to use. Let’s jump into Excell and find out what the real Auction Clearance Rate should be. References https://www.domain.com.au/auction-results/sydney/

Categories
Environmentalism Real Estate

Queensland’s Contaminated Development Sites

#Property #RealEstate #HeiseSays 60 contaminated sites have been publically identified in Queensland, including future development sites. References Erin Brockovich sounds alarm over PFAS contamination after more Queensland sites revealed https://www.abc.net.au/news/2019-10-21/erin-brockovich-sounds-alarm-over-pfas-as-new-qld-sites-emerge/11606772

Categories
Property Real Estate

Potential Strata Corruption

#Property #RealEstate #HeiseSays Apartment caretake contracts are creating the potential for corruption. References https://mobile.abc.net.au/news/2019-10-20/markets-buying-risk-but-has-global-economic-conditions-improved/11618474?section=business

Categories
Economy Property

Investor Confidence Growing

#Property #RealEstate #HeiseSays Investor Confidence is apparently growing. References Low rates, strong rental yields boosting investor confidence in Qld