Leading Analyst Reveals Brisbane Property Trends
ONE of Australia's most respected independent property analysts, Michael Matusik, will present his latest data on the Brisbane property market at a free function next week. Mr Matusik will provide an up-to-date view on how Brisbane, and in particular the Inner West, is performing in relation to other locations throughout Australia.
He will also discuss Queensland's powerhouse economy and its impact on the Brisbane property market, where the city is positioned in its sales cycle and whether supply is meeting demand, in particular in Brisbane and the sought-after Inner West.
The presentation will be held on Thursday, March 1, at The Milton Sales and Display Suite on Railway Terrace in Milton.
With numbers strictly limited, registrations are required by Monday, February 27. Mr Matusik established Matusik Property Insights, an independent property advisory firm in 1998, and has been engaged in the master planning, design, feasibility and positioning for hundreds of residential developments.
He is also a respected property commentator.
He said the Brisbane market was currently in a unique position.
"Different parts of Australia are in different phases of the property cycle, so if you are considering investing, it is important to know whether you are buying into a market that is near the top of the cycle, near the bottom or somewhere in between" said Mr Matusik.
"Brisbane is very well positioned compared to most other major cities in Australia, and I will be discussing in detail where it sits on the 'property clock', with the top of the market 12 o'clock and the bottom of the market 6 o'clock
"I will also be looking more closely at Brisbane's Inner West market, which is one of the city's most undersupplied." Mr Matusik will be joined at the presentation by Mark Jewell, director of one of Brisbane's most active developers, FKP.
FKP is undertaking a number of the city's largest and most prominent new developments, including the city's first major integrated Transit Oriented Development (TOD) under the South East Queensland Regional Plan - The Milton, located in the Inner West.
Mr Jewell will give an update on the $210 million The Milton mixed-use development, which has achieved more than $79 million in sales to date.
"The Milton has consistently been one of the best selling developments in Brisbane, and we attribute this to a number of factors:' he said.
"It is the first major apartment development to launch in Milton since 2005, meeting demand for quality, new property in the Inner West.
"The Milton is the first major TOD, making it popular with those wanting to be at the forefront of this new style of living for Brisbane and those who want to benefit from the convenience of having a range of public transport and amenities literally at the doorstep.
"It features a contemporary design and selection of spacious floor plans, envisioned by nationally and internationally respected architecture firm DBI Design, and is being developed by MCP, one of the country's most diversified property groups."
On completion, The Milton will feature 298 one and two bedroom apartments for sale, a resort-style leisure deck with a pool and barbeques, a roof top observation deck and street level retail precinct, adding to the mix of restaurants, cafes and shops along neighbouring Park Road.
To register for Michael Matusik's presentation on Thursday March 1st, please RSVP by Monday February 27th to firstname.lastname@example.org
Doors will open at The Milton Sales and Display Suite, 55 Railway Terrace in Milton, at 5.30pm for the presentation, which will run from 6pm to 7pm. Drinks and canapes will be provided.