*Is it a Good Time to Sell Real Estate in Brisbane?*

Aug. 28, 2009 - PRLog -- People sell their real estate for many different reasons. Many do it in order to buy elsewhere, for example, when moving house. Others get spooked by media reports and alternative investment advisers concerning impending financial crashes and so they dump their investment properties just when the market is looking weak. Obviously money has many uses in this world, so selling property is one way you can raise cash to do certain projects -- whether for business or lifestyle.

It is doubtful whether anyone can really say for sure what will happen in the short term in the Brisbane property market. Right now, demand seems to be fairly strong within 10 km of the city. So it is relatively easy to sell such property.

The First Home Buyer's Grant of $21,000 for New Homes and $14,000 for established homes has clearly put life into the market over the last 12 months, as has the 425 basis point drop in interest rates. But the grant is set to be halved at the end of September, and totally eliminated by the end of 2009, and the Reserve Bank of Australia has indicated that they will raise interest rates. This means that NOW may be a good time to list your property if you need to move or re-balance your investment portfolio. Once the first home buyer's numbers decrease, and the prospect of rate rises puts a little fear in the market, it may be harder to shift property. It is good to sell when lots of people want to buy. Once market demand tapers off, it is hard to achieve a good price.

It is also true that the sale of entry level properties prompts a flow-on effect of people buying more expensive second and third homes. These grants have therefore been good for the market -- but they will be withdrawn. They may have brought forward much of the demand. That may mean lower levels of demand in 2010. But it is by no means certain.


If you have a medium or long term perspective on the market, it seems prudent to BUY and HOLD as much real estate as you can. Brisbane's population is said to be growing at 3% per annum, and all those people are pushing up rents. If interest rates rise, it can be expected that there will be further upward pressure on rents. Investment in infrastructure -- roads, highways, bridges and so forth continue at a strong pace here, and the jobs situation is looking quite healthy for now. All these factors bode well for real estate here in Brisbane.

If you have the financial strength to HOLD your investment properties, past history and present fundamentals suggest you will do well. If you can afford to even BUY more, you may do very well. Just look at a graph of Brisbane property prices over the last 30 years and you will see what I mean.

We offer new investment properties in Brisbane -- both house and land packages, off-the-plan residential high-rise apartments, townhouses and units as well. If you have the ability to sacrifice $20-$100 a week in cash flow, there could be huge benefits to you in 10 years time. Residential property investment in Australia is still one of the best and surest methods of wealth creation known.

If you want about of real estate Brisbane property consultation then visit http://www.happeningrealestate.com.au

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