Melinda Jennison | Public figure
Melinda Jennison
Phone: +61 413 907 573
Reviews
to load big map
25.01.2022 Mortgage Choice - Jo Duncan and I catch up again today to discuss the ways banks are changing to become more conservative in their lending at this time and how this is impacting borrowers. We also discuss which buyers are getting "finance ready" for a property purchase and also why other property owners are borrowing money during Covid-19 lockdowns. There are some very interesting trends emerging and I want to thank Jo for sharing these brilliant insights!
25.01.2022 Here is my latest Brisbane Market Update ... the Housing Market is starting to move! https://www.streamlineproperty.com.au/brisbane-property-ma/
25.01.2022 "WE ARE NOW DOING MORE APPRAISALS WHICH IS FLOWING ON TO MORE STOCK" This coincides with reports from Domain and RP Data which also show there has been an increase in pre-listing activity. I speak to Alex Rutherford Property from Place New Farm again and we discuss how much buyer thirst there has been in Brisbane recently and how that has resulted in many properties still going to multiple offer despite the covid-19 restrictions.... Alex also shares that sellers who are bringing their properties to the market are NOT doing so because of financial reasons, but rather because they genuinely want to sell for other reasons (upgrading, downgrading, divorce etc). People always need to buy and sell property! Check out our interview below for more details on changes in both the inner city housing and unit market in Brisbane.
25.01.2022 Brisbane Property Values are continuing to show resilience and now that Corelogic have resumed the publication of the daily price index ... we can continue to track the direction of each capital city market. All Dwellings are grouped as one within this index, but we know from monthly data that the Brisbane Unit Market has not been performing as well as the Brisbane Housing Market. Today's numbers provide confidence that the trends we are seeing on the ground are continuing to... be supported in the data. It is not so bad in Brisbane when the Quarterly change is +0.53% and this period includes the worst of Covid-19. The truth lies in the data, not in the headlines.
24.01.2022 BRISBANE IS HEADING TOWARDS A FUTURE WITH VERY LOW LEVELS OF NEW DWELLING SUPPLY... The future pipeline for new developments in Brisbane is still ticking over in the small to medium sized developments but transactions for sites with the capacity for larger multi-unit complexes have all but stopped. I catch up with Andrew Burke from Ray White Special Projects Queensland again to discuss what developers are buying and what types of development sites are most popular right now i...n Brisbane. This interview helps us to understand what the future supply for new dwellings might look like in Brisbane, which ultimately provides more clarity on the potential future balance between supply and demand.
23.01.2022 It is a sign of the times ... The outlook for Units and Houses in certain pockets around Brisbane is very different. https://www.domain.com.au//inner-brisbane-vs-outer-brisba/
23.01.2022 PROPERTY LISTED FRIDAY @ 4.30PM ... RECEIVED 43 ENQUIRIES ... 14 SOCIALLY DISTANCED INSPECTIONS ... 3 WRITTEN OFFERS ON THE PROPERTY But aren't we meant to believe that there is no-one looking at property right now? Believe me (and if not believe David Lazzarini of Ray White Lutwyche) ... there are plenty of Buyers ... but Sellers are still wary and this is largely because of the media headlines causing widespread panic and concern.... Remember property prices are driven by LOCAL drivers of Supply and Demand. The economy and unemployment do contribute to Demand, but in an environment of LOW SUPPLY there is unlikely to be price softening.
23.01.2022 THE LAST TWO WEEKS HAVE BEEN A VERY STRONG SELLING PERIOD!!! These are the words of David Lazzarini of Ray White Lutwyche from our most recent interview. In this interview David and I discuss the new challenges Agents are experiencing around getting sellers to list and some of the reasons why this might be the case.
22.01.2022 INTERESTED IN LEARNING MORE ABOUT BRISBANE PROPERTY? You can now Subscribe to our NEW Podcast "Brisbane Property Podcast" to get an in depth summary of what is happening in the Brisbane Property Market. Look out for each new episode on your favourite podcast player.
21.01.2022 The latest population growth figures released by the Australian Bureau of Statistics (ABS) on 18 June 2020 show the breakdown of the composition of population growth for each State. Queensland is much less reliant on overseas migration than NSW and Victoria as the graph below shows. With international borders shut, commentary about low overseas migration and the consequential impact on property demand must be taken in perspective as these two states are most at risk. Queensland has the highest level of interstate migration out of all states. This is a very big positive for us, and once the state borders re-open, assuming this resumes to pre-covid-19 levels, there will be less impact from decelerating population growth in our State.
20.01.2022 This really is starting to look good for Brisbane! Asking prices and asking rents are all positive in Brisbane based on weekly, monthly and annual indicators. Our local property market is proving to be a lot more resilient than other markets around Australia.... This proves there is not ONE Australian Property Market!
20.01.2022 In case you missed this .... Brisbane City Council have handed down the budget and new Infrastructure Projects creating new jobs appears to be a HUGE WIN! The budget will feature $840 million for infrastructure projects including the Brisbane Metro, fast-tracking the Kangaroo Point and Breakfast Creek bridges, Victoria Park, new double-decker CityCats and upgrades to ferry terminals, parks, bikeways, walkways and roads, with 80 per cent of contracts going to businesses in the... Brisbane and south-east Queensland region. This is fantastic for the local economy and it's recovery post Covid-19. OK ... there is some sad news (for some). the kerbside collection will be scrapped for the next 2 years. https://www.brisbanetimes.com.au//brisbane-city-council-bu
19.01.2022 For all the latest information on the Brisbane Property Market see my latest article below . . www.streamlineproperty.com.au/brisbane-property-market-upd/
19.01.2022 HOW ARE PROPERTIES IN THE IPSWICH REGION PERFORMING? Speaking to Von Barnes Principal at Pinnacle Properties QLD, she tells me that there is strong buyer demand in this region also - especially from interstate investors chasing higher yields. The level of enquiry has picked up significnatly in the last fortnight according to Von, which is consistent with the conversations I am having with Agents across all areas around Greater Brisbane right now.
18.01.2022 HERE IS MY MAY UPDATE FOR THE BRISBANE PROPERTY MARKET ... https://www.streamlineproperty.com.au//brisbane-property-/
18.01.2022 DON'T BELIEVE HEADLINES FROM SYDNEY AND MELBOURNE!!! Brisbane is a different property market!
18.01.2022 Here is our Latest Brisbane Property Market Update. Find out what the impact of Covid-19 has been on Brisbane property values and also on the rental market. You might be surprised!
17.01.2022 Interesting trends emerging ... According to REA Insights data, prior to Covid-19, there were more buyers interested in Units than Houses Since Queensland flattened the curve, buyers have been more interested in Houses than Units.... More home buyers and less investors? I wonder ...
16.01.2022 HERE IS AN EXAMPLE OF WHAT WE HAVE BEEN EXPERIENCING IN MANY POCKETS OF BRISBANE RECENTLY... I'm speaking with David Lazzarini from Ray White Lutwyche who shares the story of a property that was listed recently. I read this headline in the Australian Financial Review "Oversupply and weak demand to hit house prices further" (23 June 2020) ... This headline makes no sense for those currently trying to buy property in certain locations within Brisbane. Just another example of ... Australia is NOT one Property Market.
16.01.2022 My next update on the Brisbane Property Market for Australian Property Investor
14.01.2022 Our latest Brisbane Property Podcast is out today! Download below or subscribe today!
14.01.2022 Australian Property Investor have again published my latest Brisbane Property Market Summary. Find out what is going in on our great city in the article below: https://www.apimagazine.com.au//brisbane-buyer-surge-sto/
13.01.2022 LIVE WEBINAR EVENT COMING UP - BRISBANE OFF-THE-BACK OF COVID-19. Join host, Phil Tarrant (Director of Smart Property Investment) and myself as we break down the Brisbane property market from the worst of the pandemic to now. In this exclusive webcast, find out:... * Why Brisbane promises better returns than Sydney and Melbourne post-pandemic. * The pros and cons of investing in property in comparison to other asset classes. * Brisbane suburb breakdowns, including vacancy rates and those at-risk. * Whether now is the time to buy and how to make that call. And much, much more! TUESDAY 16TH JUNE 2020 @2PM (If you can't attend LIVE, register and we can send you the replay) To register, click on the link below. https://www.smartpropertyinvestment.com.au//21163-webcast/
11.01.2022 Craig Loudon HAS A REASON TO BE SMILING ALWAYS ... THE LOCAL MARKET IN HIS AREA OF BRISBANE REMAINS STRONG. The buyers Craig is seeing out on the ground are predominantly families looking to upgrade and also first home buyers. As he says, despite the pandemic "life has to go on." There are still fewer listings than we would like to see and many more buyers than sellers, but the market continues to show resilience.... Thanks again to Craig for his time to share this "on-the-ground" market update.
09.01.2022 Find out what is happening in the Brisbane Property Market with my latest write up for Australian Property Investor. #brisbaneproperty #brisbanerealestate
08.01.2022 I will be presenting a LIVE webinar this Thursday at 10am AEDT with Managing Director of MCG Quantity Surveyors - Tax Depreciation Experts, Mike Mortlock. See details below ...
08.01.2022 Here is my latest update for Australian Property Investor in relation to the Brisbane Property Market: https://www.apimagazine.com.au//swift-brisbane-sales-to-p/
07.01.2022 MULTIPLE OFFERS ON PROPERTIES IN BRISBANE'S INNER NORTHERN SUBURBS!!! This means buyers are definitely coming back. And they are QUALITY buyers who have been pre-qualified before they inspect a property. Here I talk to Craig Lea - McGrath Estate Agents from the Mcgrath Office in Wilston and he tells us about the renewed optimism that he is seeing from buyers since we last spoke.
06.01.2022 "I'VE HAD A LOT MORE CONVERSATIONS WITH SELLERS AND THE NUMBER OF APPRAISALS AND LISTING APPOINTMENTS THAT I'VE COMPLETED IN THE LAST 7 DAYS HAS CERTAINLY INCREASED" Craig Lea - McGrath Estate Agents from Wilston has confirmed that sellers are starting to act again to bring their properties to the market which is good news for buyers who have not had a lot of good properties to choose from in recent weeks. He also says that the easing of restrictions, whereby open homes can ...now have up to 10 groups through at once, has helped to provide a new energy back into the market as buyers are out and about again viewing property in a "more normal" way. For a full review of what is going on in the inner northern suburbs of Brisbane, click on the video below.
06.01.2022 Today I speak to Phil Strazeri from @Clark Partners Real Estate in Strathpine and he provides an update on the state of affairs in this pocket of Greater Brisbane. Phil confirms it has mostly been business as usual in this part of Brisbane, with strong activity from first home buyers and a more recent resurgence of investor activity again. A big shout out to all of the Agents who are helping us to provide on-the-ground updates to our network ... we are very thankful!
05.01.2022 Here is my latest article for Australian Property Investor https://www.apimagazine.com.au//brisbane-showing-strength/
05.01.2022 TECHNOLOGY is changing the way some Agents are doing business amidst Covid-19. Speaking to Tammy Place Dale at Place Bulimba I heard that hundreds of buyers looking at properties across Brisbane are logging in to virtual tours from the comfort of their lounge room. The message is still emerging that Buyer Activity is increasing and Tammy reported that in the last week she has seen some more confidence from sellers wanting to go to market ...... BUT ... There are more buyers then sellers at the moment
05.01.2022 "THE MARKET JUST CONTINUES TO CHANGE AND EVOLVE" says Craig Loudon in my most recent "on-the-ground" update. Speaking on behalf of Tobin Real Estate in Carina, we discuss how confidence is increasing - especially from sellers. Since our last conversation, the main change has been increased confidence from sellers.... Those bringing their properties to the market appear to be those who intended to list their properties for sale over the last couple of months, but who put their plans on hold due to the pandemic. Now their confidence is returning on the back of a fantastic response to the virus here in Brisbane and stronger buyer demand that we have been seeing for a few weeks. Tune in to the interview below for a more in-depth analysis of property transactions in the inner-eastern suburbs of Brisbane.
04.01.2022 POSITIVITY IS DEFINITELY INCREASING according to Veronica Royal at Airlisting Of particular interest, is that buyer search behaviour on the airlisting platform is starting to show a real uplift in interest in coastal properties and larger acreage type properties. Buyer activity is also still very strong for new homes. Find out what all of this might mean in this interview ...
04.01.2022 My latest article for Australian Property Investor below
03.01.2022 "IT'S NOT WHAT YOU ARE READING IN THE MEDIA!!!" "The reality is that the 15km inner city radius of the Brisbane CBD is very tight for stock and that is putting a greater urgency for buyers to pay more" according to Alex Rutherford Property of Place at New Farm. Also Alex lets out THE BIG SECRET that about 60% of the properties transacting at the moment are OFF MARKET!... There is a lot of great information in this interview and I encourage you to listen until the end ...
02.01.2022 "A LOT OF SELLERS WHO INTENDED TO SELL PRIOR TO COVID-19 HAVE NOW DECIDED TO BITE THE BULLET AND GO ONLINE NOW" Tammy Place Dale from Place Bulimba has highlighted the lack of quality stock between $700K and $1M in her market. She also provides some great advice for buyers ... to keep in regular contact with local agents, or seek out the services of a buyer's agent, because there has been a lot of off-market transactions during recent times.... Tammy expects this off-market activity to increase in the coming weeks as some sellers have a preference to put their properties out to the off-market network before listing on the major realestate portals. For full details of this "on-the-ground" update, check out the video below:
02.01.2022 2 INNER CITY SUBURBS IN BRISBANE WITH HIGH SPIKES IN VACANCY DUE TO COVID-19, SHOW THE BIGGEST 1-MONTH JUMP IN OLD RENTAL LISTINGS. These suburbs are located within minutes of the Brisbane CBD, and contain a very high proportion of high density unit developments. Investors who have been chasing yields associated with this type of asset in Brisbane will be feeling the pinch now that their gross rental income may be significantly impacted due to long vacancy periods.... It pays to get professional advice around the risks associated with different property investment strategies as well as different asset classes. Local knowledge matters!
02.01.2022 FIND OUT WHAT IS HAPPENING IN THE BRISBANE PROPERTY MARKET ... https://www.streamlineproperty.com.au/brisbane-property-ma/
01.01.2022 NO TENANTS IN RENTAL ARREARS PAST 7 DAYS ACROSS AN ENTIRE RENT ROLL IN BRISBANE It is not what the media will have to you believe. Here I speak to Jonathan Bell at Bell Estate Agents who shares what is actually happening here in Brisbane in the rental market and property management space.... If you are a Landlord in Brisbane (or if you are thinking of becoming a landlord in Brisbane) you must watch this video update!
01.01.2022 BRISBANE HOUSE PRICES REMAIN UNCHANGED THROUGHOUT MAY 2020. UNIT PRICES SLIDE -0.6%.
01.01.2022 The table below shows the postcodes where renters are struggling to pay their rent. In Greater Brisbane, the two areas at the greatest risk for property investors are Ipswich and Springfield. These two areas also happen to be locations where the median asking price for 3 bedroom houses has FALLEN slightly over the last 10 years, whilst median rental yields have slowly increased.... For investors chasing cashflow, these locations might appeal because of the higher yields ... but in times like now (when tenants can't afford to keep up with their rents) then the high yield is no longer attractive. Additionally, the opportunity cost of zero capital growth over a 10 year period is significant. Investors who are unsure of the right property investment strategy for their personal circumstances, need to seek professional advice from a Qualified Property Investment Advisor.
