Metro Newsletter

Keep up to date with the latest properties and information from Metro Rentals.

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Keep informed with latest property market news and articles. 

Recent Articles

Wise investors don't buy McMansions

Eight years ago I published a real estate book titled “Buyer Beware”, in which chapter 3 discussed the folly of the building industry pumping out four- and five-bedroom McMansions when households were getting steadily smaller. I dubbed Australia The Land of the Spare Bedroom, having estimated there were six million surplus bedrooms in the nation.

The situation has got worse, not better. Home builders have persisted with big houses, in defiance of demographic trends and the ability of families to afford houses that have got larger and more expensive.

Now the building industry is paying the price for refusing to adapt to society’s changing patterns. The Housing Industry Association and the Master Builders Association are the loudest whingers in real estate, bemoaning the lack of new home sales and pointing the finger of blame at various levels of government.

Recent News

Queensland flood insurance claims top $1.5b

  • News Item
  • 31st January, 2011
INSURANCE companies now are processing $1.51 billion worth of claims from victims who suffered property and business losses in the Queensland floods. So far 38,460 individual claims have been lodged with insurers. Claims from flood-affected household...

No long-term price slide from Brisbane floods

  • News Item
  • 29th January, 2011
AN ABC television news bulletin stated that property prices in Brisbane's flood-affected suburbs were likely to fall by 50 per cent.   My reaction was: You have my attention. Now, who says so? But the bulletin didn't tell us. There was no source or ...

Property vultures try to swoop on home owners

  • News Item
  • 23rd January, 2011
HOMEBUYERS greedy for a bargain descended on Brisbane's flood-ravaged suburbs within hours of the river peaking. Real estate agents were shocked to receive calls as early as Thursday, January 13 - the day the Brisbane River peaked at 4.46 metres, lea...

Brisbane flood peak passes, inquiry calls start

  • News Item
  • 14th January, 2011
  BRISBANE Lord Mayor Campbell Newman wants a judicial-style inquiry into southeast Queensland's flood disaster as the confirmed death toll rose to 15. A total of 33,701 properties in the capital were engulfed by the raging waters. A visibly shaken ...

Renting versus Buying

  • News Item
  • 3rd December, 2010
With growing concern over housing affordability plaguing would be first home buyers, the issue of whether to rent or buy is more hotly debated now than it has ever been. As property prices continue to rise, along with interest rates and therefore ...

Lessons from 2010 Property Market

  • News Item
  • 3rd December, 2010
To ensure you make the most out of our changing property markets as our booming property markets are replaced by a period of slower property price growth, I would like to share some important lessons I’ve learned from previous cycles. Probably t...

Units outpace houses in growth

  • News Item
  • 14th August, 2010
THE capital growth of apartments continues to outstrip houses, with some rising in value by more than 50 per cent in less than a year. Industry analysts are expecting the trend to continue, with a greater number of people opting to live closer to the...

Property price gains expected to slow

  • News Item
  • 29th July, 2010
Australians are expecting a slowdown from last year's breakneck property price growth to continue over the next 12 months. NAB's quarterly residential property survey found expectations of annual property price growth have slowed from 5.2 per cent in...

Brisbane rentals a tenants market

  • News Item
  • 8th July, 2010
Tenants may be spared rental hikes this year, despite predictions demand for rental properties would soar in 2010.  New figures published by RP Data show average weekly house rent prices in Brisbane did not budge in the June quarter, remaining about...

House rents flat in June quarter

  • News Item
  • 7th July, 2010
A private analysis shows some relief for renters over recent months, with house rents remaining flat over the June quarter. The median rent for apartments grew at a relatively modest 1.4 per cent in the quarter, according to RP Data's figures, while ...