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).

5 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 finest property analysts in Australia" - Stephen Koukoulas, MD of Market Economics, former Senior Economics Adviser to Prime Minister Gillard.

"Pete 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'.

"The level of detail in Pete's work is superlative across all of Australia's housing markets" - Grant Williams, co-founder RealVision - where world class experts share their thoughts on economics & finance - & author of Things That Make You Go of the world's most popular & widely-read financial publications.

"Wargent is a bald-faced realty foghorn" - David Llewellyn-Smith, MacroBusiness.

Wednesday, 15 June 2016

Towering concerno

Buy shares in cement!

Brisbane's tallest apartment tower is under construction at 222 Margaret, the street being mostly blocked off yesterday with cement mixers.

The main tower will be 270 square metres tall when completed, which is just about as high as the current building height restrictions rules allow, give or take 4 metres.

Brisbane's City Council has previously held discussions with the city's international airport in order to propose a relaxation of the rules.

Earlier plans for Vision Brisbane had, erm, envisioned one monster building incorporating retail and residential space, but current plans instead allow for a hotel to be constructed separately. 

At a massive 90 storeys, the tallest residential tower in the city will eventually include more than 1,100 apartments.

There are a number of other developments underway in the Central Business District and its immediate surrounds too.

Brisbane has seen a record number of unit, apartment, and townhouse approvals in the past 12 months, and the city business district is one of the oversupply hotspots.