Pete Wargent blogspot

CEO AllenWargent Property Buyers, & WargentAdvisory (institutional). 6 x finance author.

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'I've been investing 40 years yet still learn new concepts from Pete; one of the finest young commentators' - Michael Yardney, Amazon #1 bestseller.

'The most knowledgeable person on Aussie real estate - loads of good data & charts...most comprehensive analyst I follow in Oz' - Jonathan Tepper, Variant Perception, 2 x NYT bestseller.

Thursday, 21 April 2016

Yabba Gabba Doo

Took a quick recce around Woolloongabba yesterday.

And what should one see, but...huge developments!


Small developments!


And more developments!



As you can see on this map here, 'Gabba will be one of the most developed suburbs over the next couple of years, which will put downward pressure on apartment rents, assuming apartments are rented out and not held vacant by foreign owners.

As you can see on the linked map, other areas which will see an impressive flurry of new unit stock include the West End, South Brisbane, Fortitude Valley, Newstead, and the Brisbane CBD itself.