Brisbane property manager comparing advertised and completed prices

[SolidYard]

The Brisbane board seems the obvious starting point, but I’m hesitant to rely too heavily on one local view. I work in property management and have been comparing coastal properties using asking figures, final sale prices and purchase expenses.

Condition is the awkward part. A cheaper completed sale may simply need far more renovation, so the price difference alone says little. Would you follow the local discussions first, or build a broader Australian comparison from sales data before narrowing the search?

 

[kite.happy]

Welcome. I’d start with the local board, then follow the market-data and mortgage-comparison threads alongside it. Completed prices are more useful when you also note timing, property condition and likely renovation needs; otherwise two apparently similar coastal homes may not be comparable. Are you looking mainly around Brisbane and nearby coastal areas, or comparing Australian cities more broadly?

 

[AveryGray]

I’d put transaction costs ahead of mortgage comparisons at first. A neat advertised-versus-completed spreadsheet can still give a misleading picture if the legal checks, purchase costs and renovation allowance sit outside the model. Pick a small group of genuinely similar properties, record both prices where available, and add separate columns for condition and known costs. That should also give you sharper questions for the investment-modelling discussions.