Check out market updates

Five minutes with Daniel Hutchinson

Our Trade Coast expert

What is something you do differently to other agents?

I’ve completed a number of large sales and leasing transactions and I’ve developed a skill for client-orientated service.  I aim to meet with clients frequently to better understand their assets to improve the sale/leasing conditions, help them to explore untapped additional income streams and to increase the market value of their asset.

What type of marketing is hot right now?

2019 is shaping up to be the year of the video. The market is responding favourably to those campaigns that embrace video. I consider it to be the new pro photos; and you’d be hard stretched to find a marketing package that didn’t list professional photography as the first integral step of a successful campaign. Those listings that feature videos have a higher level of audience engagement, greater click rate, generate more enquiry and are seen by more people. The more people engaging with your property the higher the likelihood of securing the best buyer/tenant for you.

Where do you see the market in the Trade Coast of Brisbane heading in the next 12 months?

Major upgrades to the ICB, Gateway Motorway and Kingsford Smith Drive has continued to drive growth and demand for the area; with the major draw card for businesses being the unrivalled access to air and sea ports.

The high demand has been met with a clear lack of stock.  In and around Brisbane airport rental rates and sale prices have continued to rise amidst fierce competition.

Larger developers are holding out on speculative builds in favour of waiting for D&C users to maximise returns.  On the smaller end of the spectrum developments have primarily taken the form of workstores/sheds – as the end product offers developers the highest and best return for their product. These developments consist of multi-unit developments ranging from 50 to 150sqm achieving rates of over $4,000sqm.

This has a left a large gap in the market for occupiers seeking spaces between 200 & 500sqm. Recent developments in this range achieved rates of around $2,900-3,100/sqm; the rapidly declining availability of land in these key metropolitan areas has meant comparable developments in the pipeline for 2019 are in high demand are attaining rates over $3,400 from off-the-plan enquiry.

Off the back of this high demand areas like Pinkenba have seen substantial land holders begin the sub-division and sale of larger blocks. Land sales in the sub 4,000sqm range have seen an increase in value of 25% up to rate over $400/sqm.

It is forecast that with few parcels remaining this rate is set to continue as the base line for 2019/2020.

What is something your clients might not know about you.

I’m born and bred on Brisbane’s inner northside and I know the area well. While working full-time, I’m taking the opportunity to finish later this year my Bachelor of Business majoring in property and real estate development. Whenever I get the chance I enjoy taking my 4WD over to Fraser Island.

Print Friendly, PDF & Email