Pete Wargent blogspot
Co-founder & CEO of AllenWargent property buyer's agents, offices in Brisbane (Riverside) & Sydney (Martin Place), and CEO of WargentAdvisory (providing subscription analysis, reports & services to institutional clients).
4 x finance/investment author - 'Get a Financial Grip: a simple plan for financial freedom’ (2012) rated Top 10 finance books by Money Magazine & Dymocks.
"Unfortunately so much commentary is self-serving or sensationalist. Pete Wargent shines through with his clear, sober & dispassionate analysis of the housing market, which is so valuable. Pete drills into the facts & unlocks the details that others gloss over in their rush to get a headline. On housing Pete is a must read, must follow - he is one of the better property analysts in Australia" - Stephen Koukoulas, MD of Market Economics, former Senior Economics Adviser to Prime Minister Gillard.
"Pete Wargent is one of Australia's brightest financial minds - a must-follow for articulate, accurate & in-depth analysis." - David Scutt, Business Insider, leading Australian market analyst.
"I've been investing for over 40 years & read nearly every investment book ever written yet I still learned new concepts in his books. Pete Wargent is one of Australia's finest young financial commentators." - Michael Yardney, Australia's leading property expert, Amazon #1 best-selling author.
"The most knowledgeable person on Aussie real estate markets - Pete's work is great, loads of good data and charts, the most comprehensive analyst I follow in Australia. If you follow Australia, follow Pete Wargent" - Jonathan Tepper, Variant Perception, Global Macroeconomic Research, and author of the New York Times bestsellers 'End Game' and 'Code Red'.
"Pete's daily analysis is unputdownable" - Dr. Chris Caton, Chief Economist, BT Financial.
Sunday, 10 April 2016
Just had a quick look around the point yesterday.
More foreign-financed development here, with 76 new units going in next to Kangaroo Point Cliffs Park in Brisbane soon, in a landmark $100 million development.
The 2,229 square metre site was snapped up in 2014 by Singapore-based hotel operator Banyan Tree, for a lazy $15 million.
There is plenty of unit development is underway in this part of Brisbane at the moment, and this development will add mainly high-end 2 and 3 bedroom apartments ($900,000 to $2 million), and four penthouses at the top.
I understand that this development is also planned to have ground floor retail to add to the nearby Kangaroo Point Cliffs Café, which I go to quite a bit (I like the lizards up there).
Anyway, it's a lovely spot, and I'm sure it will be better than the block of dirt car park that was there before.