Allen Real Estate | Buyers' Agency

Brisbane Real Estate Buyers Advocate

[Allen Real Estate | Buyers' Agency @AllenProperty]

@arhamdotai Happy to catch up, contact details on our website, or send a DM :)

[Allen Real Estate | Buyers' Agency @AllenProperty]

We buy like it's 2022 :)

[Allen Real Estate | Buyers' Agency @AllenProperty]

* 725k purchase
* Almost 900m2 block
* 5%+ yield existing and scope to raise
* Double brick construction
* Solid condition with no need to renovate

[Allen Real Estate | Buyers' Agency @AllenProperty]

What does $1M buy in Brisbane?

The following property may be a reasonable example of what 'middle'means for freehold houses in Brisbane in 2025

* Brick construction, approximately 20 years of age
* 11k from the BCD
* 417m2 block of land

[Allen Real Estate | Buyers' Agency @AllenProperty]

https://t.co/Q8PdNtj9XV

Topics covered:
> National growth data till end of January 2025
> Buying sweet spots
> $1M Case Study
> $1.7M Case Study
> Credit is still flowing strongly
> 2025 prediction for growth

[Allen Real Estate | Buyers' Agency @AllenProperty]

Congratulations to our clients J&S for their Brisbane property secure!

[Allen Real Estate | Buyers' Agency @AllenProperty]

Strong growth over the past three years.

[Andrew Allen @HumbleMoney]

Entry level housing 2021-2024

https://t.co/v5S7z6mDCd

[Allen Real Estate | Buyers' Agency @AllenProperty]

https://t.co/ZGkLiQsJgi

- An interesting chart on forecast housing completions.
- 1.26M sale 10k from the CBD.

How does this housing crunch finish? Market dislocations, which is what we have at the moment, lead to opportunity..

[Andrew Allen @HumbleMoney]

Welcome to 2024.

In lieu of predicitons for the year ahead I will provide a brief snapshot of a property inspection and offer we were involved with on the weekend.

A house 10k+ from the Brisbane CBD

* Listed without price on Wednesday, my initial thoughts were 875-950k as a wide value range with anything above 950k being strong pricing
* 90 groups inspected the house
* 15-20 written offers
* Under contract above 1M and 80k+ above the list price on the weekend.

[Allen Real Estate | Buyers' Agency @AllenProperty]

Brisbane International. First time watching Rafa Nadal play.. Amazing!

[Allen Real Estate | Buyers' Agency @AllenProperty]

How easy is it to park a cybertruck?

[Allen Real Estate | Buyers' Agency @AllenProperty]

- 3 x townhouse sites (possibly the highest and best use) OR 2 x house sites OR 4-5 units!!

[Allen Real Estate | Buyers' Agency @AllenProperty]

✅ Purchaed $1,871,000 - BELOW market value as another competing cash offer at $1.9m
✅ Retain the existing 4 bed, 2 bath house, currently rented and no immediate work required, fully separate street access

✅ OPTIONS GALORE for development on the other side with ~32m frontage

[Allen Real Estate | Buyers' Agency @AllenProperty]

Beautiful Brisbane

[Allen Real Estate | Buyers' Agency @AllenProperty]

Property of the week: Aspley

Sold: Septemember 2023 for 1.15M

The Brisbane market is now trading above it's February 2022 high water mark in a lot of areas.

There is no over supply of properties, no signs of distressed selling that I have seen and plenty of demand.

[Allen Real Estate | Buyers' Agency @AllenProperty]

9/ 🏘️ Under the draft plan, Ipswich will need an extra 195,100 dwellings by 2046.

Large opportunities for land banking and quality buy and hold investing in the years ahead #SEQRegionalPlan #Brisbane2046

[Allen Real Estate | Buyers' Agency @AllenProperty]

1/ 🏠 Another 2.2 million people in Brisbane by 2046... A few bullet points from the recently released draft South East Queensland Regional Plan. A thread👇

2/ 🏡 900,000 new homes, units, and townhouses will be needed to accommodate the population growth.

[Allen Real Estate | Buyers' Agency @AllenProperty]

7/ 📈 Brisbane’s population is predicted to be 1.72 million by 2046. South-east Queensland will have more than 6 million residents.

8/ 🚀 The fastest-growing region is still tipped to be Ipswich, with a population boost of 126.3%, or another 294,000 people.