Vol 11. No.3

Wednesday 06 January 2010

Economic Overview

Current +/- Movement
$AUS/$US 91.43 +1.66  
Cash Rate 3.75 Steady
90 Day Bill 4.13 +0.01
10 Year Bond 5.620 -0.135
ASX 200 4924.3 +48.0  

Queenland Property

Queensland Housing Update (Pg. 40 AFR)

  • Brisbane property values increased 6.9% in the 11 months to November 2009, down on other major capital cities.
  • Industry sources suggest south-east Queensland’s population increased by 75,000 in 2008/09, with 30,000 homes needed to accommodate the residents. However, only 17,000 homes have been constructed over this period.
  • This is due to the difficulty developers face in obtaining finance.
  • Expectations are for single digit growth throughout 2010.

Sources: As above
Disclaimer: All representations and information contained herein are made in good faith. The Information in this report contains material from other sources. Landsburys Property Pty Ltd has not checked those sources and accepts no responsibility for the accuracy for that information. The information contained in this communication is strictly confidential and intended solely for the use of the recipient/s. If you are not the intended recipient of this information, please delete and notify Landsburys Property Pty Ltd. Intended recipients should not copy or distribute this material without the authority of Landsburys Property Pty Ltd.

Previous Daily Wrap's

 

Research & Advisory

  • Market Demand Studies
  • Highest & Best Use Studies
  • Development Feasibilities
  • Tender Support
  • Product Analysis
  • Distressed Property Evaluations
  • Valuation Evidence Packs
  • Demographic Studies

Valuations

  • First Mortgage Valuations
  • GST Valuations
  • Unit Entitlements
  • Acquisitions
  • Land Tax & Rating
  • Evidence of Value
  • Internal Reporting
  • Stamp Duty