Brisbane Property Update August 2020

Published: Aug. 11, 2020, 6:53 a.m.

b"https://www.youtube.com/watch?v=MEpWVf4jPQE\\n\\n\\n\\n\\n\\n\\n\\n\\nA lot has been happening in the Australian property market in the last few months. Today we wanted to speak specifically about the Brisbane market, where is it at, what's the good suburbs and are there any good investments in that area?\\n\\n\\n\\nBook a Free Property Strategy Session\\n\\n\\n\\n0:00 - Introduction0:32 - Quick catch up1:03 - Ben's recent Brisbane analysis2:15 - Comparing the suburbs and finding the winners and losers5:37 - The differences between the different areas of Brisbane7:45 - North Brisbane vs South Brisbane9:13 - Good suburbs vs bad suburbs12:04 - Where is Brisbane at during its cycle?15:37 - Covid infrastructure bailout program16:25 - The Mid-Cycle slowdown18:07 - Getting good long term stability\\n\\n\\n\\nRecommended Videos:\\n\\n\\n\\nWhat Is The Mid Cycle Slow Down And How Might It Affect Property Prices?\\n\\n\\n\\nTranscription:\\n\\n\\n\\na lot's been happening in the australian property market in the last few months obviously with the pandemic that's gone down and everything like that today i wanted to speak with ben everingham buyer's agent from pumped on property specifically about the brisbane market which is the market that him and his team specialize in they've just done a whole bunch of suburb research in that area so i thought i'll get on the line with ben we'll talk about brisbane where it's at what's sort of happening and give you guys an update so hey ben thanks for coming on today hey bro good to see you good to see you again too it's been a while definitely man it's exciting to catch up again yeah and so i love that you're in your new office i'm also in my new office which is my van which i've been loving i'm actually parked on the beach i can see the water from here but no one can see it in the video but just know that i got amazing views right now that didn't cost me heat i'm loving it man i feel the same way like this you did cost me a bit this is like a green velvet lens that i've always wanted with like a timber wall behind me but um i'm feeling fresh and loving it as well yeah and so okay so recently you guys did a massive suburb analysis of all of brisbane do you want to first talk through okay why did you do that give us like some touch points on what are some of the things that you looked at for the suburbs and like what are some of the insights that came out of that yes so i think it's important as an investor myself to constantly review the bigger picture as well as the the micro picture um so we know that based on the long term growth of brisbane being 9.7 a year according to core logic for the last 50 years that it is a long term winner we know that a lot of people moving up here at the moment and will be after the virus is over as well and so i just wanted to wrap my head around it which i do about once every year to two years and i look at you know brisbane isn't one market like there's some suburbs in brisbane that you can buy for 200k there's some suburbs in brisbane that you can buy for 2 million bucks and so you can easily get caught in that sydney melbourne brisbane trap which is it's one area but in reality there's east brisbane central brisbane south brisbane north brisbane and west brisbane and all of them have completely different stuff going on as you know yeah and so i know like previously you've kind of focused on like central brisbane north brisbane um but this time around you kind of looked at more suburbs what did you think about the suburbs as you started to look at them yeah so for me personally at this stage i've sort of not been looking too heavily into west brisbane just because there's just so much land out there at the moment that could be developed over time so from this perspective we looked at north we looked at central and east brisbane and we looked at south and southeast brisbane and the way that we do that as a business to get our heads around it is through what we call a suburb profile so we looked at things like vacancy rates ho..."