Experience counts when disaster strikes
Whenever a severe weather event arrives, the importance of an experienced asset manager cannot be discounted. In the lead-up to ex-Tropical Cyclone Alfred – at the time, a Category 2 cyclone in the Coral Sea – Southeast Queenslanders were uncertain of the scale and destruction the weather event was going to bring. The last cyclone […]
Making new homes more affordable
From May 1, First Home Buyers (FHBs) will no longer pay stamp duty on newly built homes in an initiative to help more renters make the leap to home ownership. The targeted incentive has been welcomed by the majority of stakeholders in the industry. According to the Queensland Government, abolishing the payment for first home […]
Beyond bricks and mortar: why smart investors diversify in real estate
With the RBA cutting the cash rate for the first time in four years this week, there’s been chatter among investors around the right time to enter the market. Timing is important, but so too is choosing what assets to focus on. A property portfolio that includes both commercial and residential assets can help investors […]
Reserve Bank of Australia Announcement February 2025
Today, the Reserve Bank of Australia cut the official cash rate by 25 basis points to 4.1%. It was the first time the Board had cut the cash rate since November 2020. Many thought a rate cut was a foregone conclusion after Westpac yesterday reduced its one-year fixed rate by 40bps to 5.69% and its […]
Will 50c fares unlock development?
We may still be feeling the cost-of-living crisis, but 50 cents can still go a long way. In fact, 50c is all it takes to go from Varsity Lakes to Central Station or Nambour to the Valley, after the Queensland Government this week made capped fares permanent. Commuters are the obvious winners in the change. […]
Why collaboration in leasing and managing is so important
The relationship between leasing agents and commercial property managers has never been more critical to the return, tenant retention, and overall performance of a commercial property asset. When leasing agents and asset managers work in isolation, focused on the KPIs of their individual businesses or units, the client’s ambitions are undermined. At Bromley Real Estate, […]
Trust Local Knowledge, Not Speculation
The arrival of Trump 2.0 has driven a lot of speculation. Property investors are naturally curious on what could eventuate if the President follows through on his election promises, particularly trade tariffs. Trump’s commitment to protect and bolster domestic producers unnerved global supply chains. He spoke considerably about new tariffs for Mexico, Canada and China. […]
We’re Hiring: Commercial Sales and Leasing Executive
At Bromley Real Estate, we’re at the crossroads of legacy and innovation. We’re leveraging more than 40 years of commercial property expertise and market-leading relationships to revolutionise the experience to clients across, Brisbane, Queensland and Australia. Since becoming independent as Brisbane’s latest name in commercial property, we believe our strength lies in our people. They […]
Investors welcome commitments from QLD leaders
There was some good news for investors recently with both major parties in Queensland ruling out the introduction of rent caps after the October 26 State election. There had been a push from a minor party to freeze rents and limit the frequency at which investors could review their rents. Rental stress has been an […]
Queensland’s Million-Dollar Property Markets Soar in 2024
Queensland’s Million-Dollar Property Markets Soar in 2024 As we delve into the evolving dynamics of Australia’s real estate landscape, Queensland emerges as a standout in the luxury property market. The latest CoreLogic Million Dollar Markets Report for September 2024 highlights a significant surge in million-dollar suburbs across Queensland, reflecting a trend that could impact buyers, […]