The National Property Research Co.
The National Property Research Company was founded in 1999 by the Managing Director, Matthew Gross. It was initially established as the sole research division for Herron Todd White in Brisbane with the company consulting directly to Kerry Herron on a monthly basis. In late 2001 The National Property Research Company expanded outside of Herron Todd White to grow into one of South East Queensland’s most respected property research firms.
The NPR Co. is a Brisbane based company that undertakes work all across Australia, with a particular expertise in the Queensland property market. The firm provides 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, clients receive the most up to date bespoke 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 specialty and we pride ourselves on it.
Since 1999, The National Property Research Company has found that statistics and data can, and often do lag behind what is actually happening on the ground. Through the firm’s extensive network of industry leaders, the highly qualified staff have developed an expertise at cutting through to the real issues. This has seen The National Property Research Company involved with over 24 UDIA award winning projects since 2004. A record we are intensely proud of.
As a highly independent research business, The National Property Research Company does not sell or market property. Our advice is relied upon by most of the ASX listed property firms, The State Government, Local Governments, the courts, large private firms and high net worth individuals.
The following is an article recently penned by Jorge Branco and published by Domain. It is one opinion and as a property economist, I sought to express my own in contrast to it. The article Jorge wrote is in italics, my comments are made in plain text.
Brisbane City Council is on a crusade to “protect the Brisbane backyard”. In those terms, the council’s bipartisan push to ban townhouses and apartments in low-density suburbs seems almost noble.
The simple reality is that Council is in fact protecting land uses that were designed for detached housing given the relaxation and often poor outcomes that occurred during the most recent investment cycle. Council is not banning apartments and townhouses, it is simply enforcing where they can and can’t go. Some might argue from a property economics perspective that this actually creates certainty in the market place. It protects the asset values of some housing, whilst also ensuring that affordability in those low density areas does not get inflated by developers that can pay more for a site than a Mum or dad purchaser, let alone a first home buyer. I suspect you will find that many suburbs actually have a mix of low density and higher density land uses throughout.
So, interest rates remain on hold by the RBA at 1.50%. With an inquiry into the financial sector, it would be a very brave bank that raised interest rates at the moment. What we are now seeing is APRA growing some teeth that is supporting the muscle it used to slow investment lending and a recognition that some practices were perhaps a little too easy for some borrowers to access loans.
The latest population data has been released and it tells a very interesting story on how Australia is settling and growing. It remains a very Eastern State centric platform and with that, the challenges of how to distribute economic benefit and control economic development. This is even more apparent when consideration is actually given to the current growth profiles of each.