The National Property Research Co.
We are a Brisbane based company that undertakes work across Australia but we have a particular expertise in the Queensland property market.
We provide property market insights that are based on independent research and local market knowledge established through a wide network of property market contacts.
As a result, our clients receive the most up to date information and advice to ensure they make the most informed business decisions.
The National Property Research Company is a business based on wearing out boot leather, car tyres and plane seats.
We believe that in order to really know what is happening in the property market you have to get out there and see what is actually happening. The best research is that which is conducted at the frontline.
This is our speciality and we pride ourselves on it.
If you think Gladstone is a mining town, you'd be wrong. Over 95% of the population is employed outside of mining. The unemployment rate is 3.5%, well below the State average of 5.9%. Whilst there is no doubt that a price correction in housing has occurred, many desktop analysts fail to see Gladstone for what it really is, an industrial port city.
Perhaps one other interesting piece of information, the majority of Gladstone's real estate agents actually have vacancy rates for housing at less than 5.0%, a far cry from the 12.0% plus being listed by others.
The first home buyers market will remain challenging throughout 2014. In fact it could get worse as the market rebounds with additional pressure coming to bear on both houses and apartments as investors and second home buyers buy up. Both of these buyers have a capacity and an appetite. However, there are some real winners that could emerge in 2014 for First Home Buyers.
This week the ABS released the quarterly weighted average house price data series for Australia’s capital cities. All the media hype surrounding a property boom appears to be largely that, hype. Now don’t get me wrong, it is great to see the media in a positive frame of mind about the property sector, because clearly it has been years since we have seen that.
However the most recent statistics demonstrate that the property recovery is still in its infancy in many centres and with the exception of Sydney (3.6% Qtr or 11.4% p.a), and some may argue Melbourne, is still relatively fragile.