Half Yearly Market Report

Tom Lyne 

Presents 

Mid Year Market Update 2019 

New Farm • Newstead • Teneriffe 

Available 7 days on 0423 696 862 

1

Contents 

PG 3 

Welcome Message 

PG 4 

Recent Sales by Tom Lyne 

PG 6 

Top Sales 

PG 8 

Brisbane Overview 

PG 10 

Economic Effects 

PG 12 

Local News 

PG 14 

Key Projects on the Horizon 

PG 16 

New Farm 

PG 18 

Teneriffe 

PG 20 

Newstead 

PG 22 

Finance Update with Paul Hixon 

PG 23 

Investing in Inner City Brisbane 

PG 24 

Spotlight on: The New Farm Neigbourhood Centre 

PG 26 

Spotlight on: Martin Brothers Landscaping 

PG 28 

Meet our Team 

PG 29 

Ray White New Farm 

PG 30 

Your Story is Our Story 

2 

Tom Lyne | Licensed Real Estate Agent

Welcome 

– 

Welcome to my Half Yearly Market Report, where I take some time to reflect on the past six months that 

were across my core suburbs in Brisbane. 

It’s been a fantastic start to the year in Brisbane’s New Farm Peninsula—not only for the property market, but for our incredible team as 

well. Brisbane is set to continue to grow and diversify through all avenues. Change is in the air as new amenities and developments have 

reinvigorated the cultural and social aspects of the city, while looking forward, the months ahead will see infrastructure plans stimulate 

exciting opportunities for both buyers and vendors. But Brisbane’s ever-growing potential is no secret, as population growth rates continue to 

increase overall as migrants from overseas and interstate seek out unique career opportunities and a down to earth city lifestyle in the sun. We 

truly believe that Brisbane’s shining moment has only just begun. 

This momentum driving Brisbane forward is what inspires and motivates me and my team. We love our city and are thrilled by everything that 

has come its way over the past six months and all the more that’s destined to arrive. 

Having the opportunity to work closely with our clientele on a day-to-day basis is something we care about deeply. To put it simply, we’re 

dedicated to providing people with optimal service on an individual level. We don’t generalise, we specialise. Our client’s concerns and needs 

are important to us, as no two people—or properties—are the same. Nothing makes us happier than seeing our clients satisfied with the 

outcomes of our time together. 

We’re privileged to be able to share this Half Yearly Report with you, which will outline the performance of the Brisbane market for 2019 thus 

far, our highest sales and some insight into the advancements of the suburbs we love within the New Farm Peninsula. As you read on, if any 

questions or queries arise please don’t hesitate to get in touch. 

Best wishes, 

Tom Lyne 

Tom Lyne 

Licensed Real Estate Agent 

0423 696 862 

tom.lyne@raywhite.com 

Available 7 days 

@tom_wj_lyne Tom Lyne Tom Lyne 


3

Top Sales 

by Tom Lyne 

160 Oxlade Drive, New Farm 

SOLD OFF MARKET $5,000,000 

332/1 Newstead Terrace, Newstead 

SOLD $3,175,000 

55 Adelaide Street, Clayfield 

SOLD UNDER THE HAMMER $780,00 

4 Beeston Street, Teneriffe 

SOLD OFF MARKET $2,375,000 

6/38 Elystan Road, New Farm 

SOLD PRIOR TO AUCTION FOR LOCAL 

ART DECO RECORD $925,000 

801/8 Kyabra Street, Newstead 

SOLD FOR OFF-RIVER APARTMENT 

SUBURB RECORD PRICE UNDISCLOSED 

22/27 Cunningham Street, Newstead 

SOLD POST AUCTION $970,000 

4 


107 James Street, New Farm 

SOLD PRICE UNDISCLOSED 

100 James Street, New Farm 

SOLD POST AUCTION PRICE 

UNDISCLOSED 

69/27 Cunningham Street, Newstead 

SOLD $627,500 

100 Oriel Road, Clayfield 

SOLD UNDER THE HAMMER $4,350,000 

302/1 Gray Street, New Farm 

SOLD $1,815,000 

184 Heal Street, New Farm 

SOLD PRIOR TO AUCTION $1,925,000 

196 Bonney Avenue, Clayfield 

SOLD $1,295,000.00 

614/8 Skyring Terrace, Teneriffe 

SOLD IN 6 DAYS $615,000 

13 Florence Street, Teneriffe 

SOLD $2,250,000.00 

Available 7 days on 0423 696 862 5

Top 16 Sales – New Farm Peninsula Houses 

January – June 2019 

ADDRESS SUBURB SQM ATTRIBUTES SALE PRICE 

39 Griffith Street New Farm 873 6B, 3B, 6C $7,750,000 

40 Teneriffe Drive Teneriffe 1065 5B, 2B, 5C $4,050,000 

190 Annie Street New Farm 1037 4B, 2B, 2C $4,050,000 

50 Crase Street Teneriffe 405 4B, 3B, 4C $3,000,000 

6 Herbert Street New Farm 734 4B, 2B, 2C $3,000,000 

18 Charles Street New Farm 688 5B, 5B, 3C $2,895,000 

68 Sydney Street New Farm 607 5B, 4B, 4C $2,850,000 

106 Villiers Street New Farm 374 5B, 3B, 2C $2,705,000 

4 Beeston Street Teneriffe 304 5B, 3B, 2C $2,375,000 

21 Hawthorne Street New Farm 405 4B, 2B, 2C $2,275,000 

12 Hopetoun Way New Farm 365 4B, 2B, 4C $2,270,000 

3 Turner Avenue New Farm 329 4B, 3B, 2C $2,200,000 

1 Abbott Street New Farm 549 4B, 2B, 2C $2,200,000 

12 Refinery Parade New Farm 377 4B, 3B, 2C $2,100,000 

69 Lamington Street New Farm 397 4B, 3B, 2C $2,012,000 

73 Chester Street Teneriffe 617 4 B, 1B, 2C $2,000,000 

Top 16 Sales – New Farm Peninsula Apartments 

January – June 2019 

ADDRESS SUBURB SQM ATTRIBUTES SALE PRICE 

10/81 Moray Street New Farm 482 3B, 3B, 3C $5,520,000 

801/8 Kyabra Street Newstead 962 5B, 5B, 3C $4,325,000 

401/57A Newstead Terrace Newstead 483 3B, 3B, 3C $4,300,000 

5/1 Macquarie Street Teneriffe 333 3B, 2B, 2C $4,000,000 

22/55 Oxlade Drive New Farm 410 4B, 4B, 4C $3,650,000 

4711/40 Hollins Crescent New Farm 490 3B, 3B, 2C $3,220,000 

332/1 Newstead Terrace Newstead 250 3B, 3B, 4C $3,175,000 

3/75 Macquarie Street Teneriffe 299 3B, 2B, 4C $2,700,000 




40 Maxwell Street New Farm 323 4B, 3B, 3C $2,225,000 

410/1 Gray Street New Farm 175 3B, 2B, 2C $2,120,000 

1508/18 Longland Street Newstead 171 3B, 3B, 2C $2,110,000 

7/11 Helen Street Teneriffe 596 4B, 3B, 2C $2,100,000 

1502/18 Longland Street Newstead 191 3B, 3B, 2C $2,010,000 

6 



Brisbane Overview 

– 

The Brisbane property market is like no other in the country. In comparison to other cities around Australia, 

it exists in a league of its own. 

Despite the nation waiting for the market to ‘do something’ 

and develop rapid upward trends—similar to those previously 

experienced by Sydney or Melbourne—alternatively Brisbane is 

defined by gradual growth and change. In other words, the Brisbane 

property market is an underdog, and in light of recent reports, is one 

not to be underestimated. 

Brisbane is one of Australia’s most liveable cities, boasting sunshine 

and clear skies year round, world class schools and universities, 

diverse cultural centres and social precincts, and a variety of 

rewarding job opportunities. Set at large between two stunning 

coastlines, the Sunshine Coast and the Gold Coast, we are spoilt for 

choice when it comes to deciding on a weekend oceanside adventure. 

If leaving the city isn’t an option, the Southbank Cultural Centre is 

home to a man made beach of its own. 

Due to its affordability, scale and future market prospects, Brisbane 

has become known as a market you can invest in with confidence. 

Generally buyers are afforded good property value for their money, 

with houses situated close to the CBD delivering high rental returns. 

It’s true that Brisbane presents a wide range of opportunities to 

residents that are otherwise impossible in southern cities. 

Although the country’s property market is experiencing a slight 

downturn overall—some more aggressive than others—Brisbane 

has proven to fare well over the past six months and is forecast to 

progress much better than the southern cities. CoreLogic Australia’s 

Tim Lawless suggests in the Brisbane Housing Market Update for 

8 


June 2019, that due to a significant rise in migration rates, supply 

under control and generally healthy levels of housing affordability, 

Brisbane’s housing market fundamentals are steady in comparison to 

most other capital cities. Where Brisbane housing values were down 

slightly by 0.5% in May, with falls confined to the detached housing 

sector, unit values actually rose by 0.1% over the month, breaking a 

long run downward trend. Despite a recent oversupply of apartments, 

CoreLogic Australia shares that fears of vacancies have mostly been 

absorbed by combined factors of less construction and the increasing 

rate of interstate and overseas migrants. 

In fact, according to Australia’s leading independent property 

economist, Dr Andrew Wilson, Brisbane is at large classified as an 

undersupplied market within investment grade locations, with 

a current shortage of 48 properties per week. In regards to the 

collective residential market, CoreLogic economist Cameron Kusher 

states that the biggest concern for Queensland’s property market 

is sluggish economic growth and a concerning unemployment rate. 

However, with the reelection of an economy focused government and 

over $12 billion worth of new tourist-related infrastructure projects 

already underway, the city is predicted to see renewed economic 

growth and an influx of jobs. Developments such as the Queens Wharf 

is predicted to create up to 10,000 jobs upon completion, while the 

Cross River Rail project will create 7,700 jobs during construction. 

Looking forward, the Brisbane market is set to soar in comparison to 

every city nationwide. 

According to the recent BIS Oxford Economics Residential Property 

Prospects 2019 to 2022 report, the Queensland capital’s median 

house price is expected to rise 20 per cent over the next three 

years, with unit prices to lift 14 per cent. In comparison, Sydney 

and Melbourne are expected to have more modest growth of 6 per 

cent and 7 per cent. Ultimately, the Brisbane market is set to move 

forward into a prosperous, competitive future. 


Economic Effects 

– 

A look at key changes impacting the market. 

The health of the economy is an important 

deciding factor to consider in every instance 

for both buyers and vendors. So, what do the 

outcomes of the recent Federal Government 

election really mean for the property 

market? 

Thankfully, the uncertainty of a change in 

government is now behind us. 

With the Coalition Government remaining in 

power, their commitment to strengthening 

the economy will ultimately flow on to a 

more stable housing market. 

Experts have predicted a shorter, shallower 

property downturn nationwide and generally 

better conditions for first-home buyers and 

sellers to come. Although it may take some 

time for the evidence of an upswing to show, 

we’re pleased to share that the market has 

indeed been granted a renewed sense of 

purpose and positive energy. 

According to CoreLogic Australia’s Tim 

Lawless, there are several contributing 

factors to the stabilisation of the housing 

market, “stability within the federal 

government, along with the removal of 

uncertainty surrounding changes to negative 

gearing and capital gains tax discounts, 

has brought about increased certainty and 

boosted confidence in the housing market.” 

The housing market has indeed picked up 

after the May election, with two successive 

interest rate cuts from the RBA and APRA’s 

move to loosen their lending restrictions 

by allowing home buyers who are eligible 

for finance to borrow more money. These 

changes have enabled both current and 

future homeowners to feel more assured 

about entering into the property market. 

For those considering their property 

options, experts predict that the new found 

reassurance in the market will mostly out 

way any holding back. 

Now could be a good time to market 

your home before an influx of properties 

potentially come to the market towards 

Christmas. 

While the 2019 Liberal Party Federal Budget 

made little mention of the property industry, 

the Coalition did outline key initiatives 

that are set to boost economic growth. 

For instance, the Budget announced a tax 

cut of $1,080 for middle income earners 

in their move to stimulate and nurture 

gradual economic growth. As journalist 

and economist Jason Murphy explains, 

“Economic growth depends on consumption 

growth and without strong wages growth the 

only way to get more money into our pockets 

is tax cuts.” In response to these tax offsets, 

the RBA expects that the stronger growth in 

disposable income will “flow through into 

household spending”. 

Considering these combined factors, people 

who’ve previously existed on the sidelines of 

entering the market are likely to be geared 

into action by knowing exactly where they 

stand. Ray White chairman Brian White 

predicts a more engaged market overall, 

saying, “I’m confident the market will now 

improve, because of the stronger [market] 

curiosity exhibited by the community, which 

has been reflected by increased auction 

attendances”. Although we can’t guarantee 

endless clear skies ahead, it’s safe to say 

that certainty and confidence in the housing 

market has largely been restored. 

10 



Local News 

– 

The New Farm Peninsula has seen a number of welcome additions reinvigorate and delight its pristine 

riverside over the past several months, including highly anticipated public spaces that are home to 

atmospheric bars and restaurants, sophisticated retailers, and accessible forms of public transport. 

The Calile Hotel 

Devastatingly chic as it is visionary, The Calile Hotel is the latest 

addition to prestigious James Street. Known for its luxury retail 

boutiques and eateries, it was only natural that The Calile was to 

materialise at the street’s centre. 

The Calile offers not only a place to stay, but a place to unwind and 

escape the bustle of the inner-city. Where tourists may find artful 

shelter, residents have found their new locales set within walking 

distance of their homes: 

The Lobby Bar and Hellenika. Streetside, illustrious retailers present 

stylish offerings to passers-by. Marrying the favoured Queensland 

notion of indoor to outdoor living with statement recreational 

facilities indicates an irresistible lifestyle available to both locals 

and people passing through. The Calile is a thoughtfully designed 

and curated addition to New Farm, contributing to the sought-after 

lifestyle the area promotes. 

12 


Howard Smith Wharves 

Think river views and good times you wish would last forever: The 

Howard Smith Wharves is Brisbane’s newest lifestyle and recreation 

destination, and a major drawcard for the Brisbane property market 

overall. The previously underutilised heritage-listed site has seen 

$110 million worth of restoration that has finally allowed the people 

of Brisbane to embrace and celebrate a unique part of its history 

beneath the Story Bridge. Howard Smith Wharves brings together 

places to eat, drink, play and stay, including Felons Brewing Co, Mr 

Percival’s Overwater Bar, GRECA Greek Taverna, ARC Dining and Wine 

Bar, all set amongst abundant green spaces and picnic areas, two 

unique indoor event spaces, and a boutique hotel by Art-Series ‘The 

Fantauzzo’. 

The New Farm River Hub 

As a city that thrives by the river, resources that facilitate water based 

transport are highly sought after. Cue the New Farm River Hub, set on 

the fringe of New Farm Park’s sprawling green. Located next to the 

Brisbane Powerhouse, the newly finished project aims to boost the 

numbers of tourists and residents on the water, and incentivise trips 

out to the Moreton Bay Islands—with passengers able to book trips 

directly from the city pontoon to the islands. At 30 metres long, the 

mooring hub can accommodate 15 vessels and is free to access for 

public and commercial vessels, whether they be boats, tinnies, kayaks, 

or paddle boats. The New Farm River Hub is certain to be a valuable 

asset to public transport and recreation in the New Farm Peninsula area. 

The development has provoked a community-building and placebuilding 

affect, completely reimagining the ways people are able to 

engage with the river, the CBD and beyond—with cliff-face entry points 

providing easy access to the heart of New Farm and Fortitude Valley. 

Designed for people of all ages, offering everything from familyfriendly 

vegetable gardens to a thriving nightlife, and accessible to 

pedestrians on both foot and bicycle, The Howard Smith Wharves 

is an incredible asset to the area. This beacon of ‘new world city’ 

status has already seen buyers and renters eager to live near the 

considerable lifestyle potential on offer. 

New Riverwalk Under Construction 

Delivering on the Brisbane City Council’s vision towards making the 

city one of the world’s best for walking and cycling, major works to 

transform an underused part of the river’s edge along the City Botanic 

Gardens into a new riverwalk are now underway. The riverwalk will 

complete a missing link between Brisbane’s inner-north and South 

Bank. With more than 3000 residents and pedestrians using the 

riverwalk on a daily basis, this extension to the riverwalk will further 

promote the city’s advocacy for healthy, active outdoor living within 

proximity to greenspace and parklands. This important piece of 

shared community infrastructure is sure to invite even more people 

to utilise all that the New Farm Peninsula has to offer. 


Key Projects on the Horizon 

– 

The Queen’s Wharf Development 

The long awaited Queen’s Wharf Brisbane Resort Development is set 

to open in 2022. With plans that quite literally reach to the sky, the 

development is set to transform the Brisbane CBD riverfront with 

a diverse assortment of new spaces that are sure to surprise and 

delight. The $3.6 billion development will bring together high quality 

dining options to suit a variety of tastes and budgets, nightlife and 

entertainment, local and international retail brands, and world-class 

accommodation. Underground, a 5-level basement will host 2,000 

much-needed car parks. A new pedestrian bridge, the Neville Bonner 

Bridge designed by Grimshaw architects, will connect the CBD to the 

lively hub of South Bank’s Cultural Centre. 

What’s more is the project’s dedication to revitalising a tired and 

underutilised part of the city through the restoration and repurposing 

of heritage buildings, which will be open for the first time to the public. 

The development will also pay homage to the site’s Indigenous 

Aboriginal heritage, ensuring their wealth of culture is acknowledged 

respectfully and featured prominently. The CEO of Brisbane 

Marketing Brett Fraser the wealth of new Brisbane-based projects will 

“attract further investment in Brisbane and increase the city’s appeal 

as a leading lifestyle and tourism destination”. 

Cross River Rail Development 

The Cross River Rail project has officially been guaranteed and will 

begin groundbreaking construction as of next year. The underground 

rail is set to completely transform the way people can move around 

the region and revive the precincts around new stations at Exhibition, 

Albert Street, Roma Street and Woolloongabba. 

With thousands of residents on the move everyday, the current public 

transport system is nearing capacity, constrained by the single rail 

river crossing with all lines running through the same four city centre 

stations. 

Cross River Rail will unlock this bottleneck and radically change the 

capacity for public transport across Brisbane. World-class rail assets 

and services for South East Queensland means Brisbane will be able 

to cater for its ever-growing population citywide. 

14 



New Farm 

– 

Kent Street 

Annie Street 

New Farm 

Lamington Street 

Merthyr Road 

Brunswick Street 

Sydney Street 

POWERHOUSE • 

NEW FARM PARK 

1. Buyer trends 

Families: 

Seeking an iconic family home in an 

elegant location within walking distance of 

parklands and the riverfront. 

Downsizers: 

Looking for luxury riverfront apartments that 

present a convenient lock-and-leave lifestyle 

in an unbeatable position. 

Key demographic: 

People aged 20 to 39 years old, particularly 

attractive to younger residents due to the 

area’s close position to the CBD, New Farm 

Park, delicious cafés and restaurants, and 

nightlife and entertainment. For families, the 

area boasts a healthy, active lifestyle with 

a range of amenities and excellent schools 

close by. 

2. Top selling points 

Iconic riverviews, a fantastic riverwalk 

and stunning parklands all set within a 

village-like community is what makes New 

Farm such a wonderful suburb to live in. 

Established leafy streets and cool river 

breezes add to the suburb’s idyllic setting, 

which provides easy access to the waterfront 

and city centre. 

16 


3. Why invest here? 

New Farm is one of Brisbane’s most sought after suburbs for both 

singles and families, meaning the market is resilient with upwards 

trending value in the local area. Abundant amenities and services, 

and a range of projects in the works close by means New Farm 

delivers strong rental returns and will be demand for the long haul. 

4. Amenities 

Sprawling green of New Farm park provides a beautiful setting for 

walking, play, sports and leisure. 

12,534 

Population 

18.8% 

New Farm Statistics 

36 

6,853 

Median Age 

Private Dwellings 

6.5% 

62.3% 

12.4% 

The riverwalk stretches along the stunning Brisbane riverfront, 

encouraging an active lifestyle on the waterfront. 

Houses 

Semi-detached 

/ Townhouses 

Units 

Others 

Entertainment is just moments away, whether it be a play or concert 

at The Power House, a drink or two at Howard Smith Wharves, or a 

sophisticated shopping and dining experience at The Calile Hotel. 

Data obtained July 2019 

Public transport is readily available, with multiple buses and ferries 

guiding residents into and around the city. 


Teneriffe 

– 

1. Buyer trends 

First Home Buyers: 

Looking to purchase their first home or add to their emerging 

property portfolio due to a range of lifestyle benefits. 

Aspirational families buying larger land parcels and conducting 

extensive renovations. 

Skyring Terrace 

Commercial Road 


With majority of its population between 15 to 65 years old, young 

professionals and young families are drawn to settle in the 

historic riverside suburb of Teneriffe. Keen renovators and lovers 

of historic architecture are drawn to the area’s character. 

Teneriffe 

Kent Street 

TENERIFFE PARK 

Maquarie Street 

James Street 

Annie Street 

18 



Set intimately between gorgeous New Farm and trendy Newstead, 

Teneriffe’s riverside streets feel exclusive and private. Teneriffe Hill’s 

spectacular city views, a thriving café culture, a range of amenities 

and public transport are all on offer, with entertainment at your door 

in the neighbouring suburbs. 


The prestigious 4005 postcode maintains a resilient market— 

particularly in regards to houses and land over the past 24 months. 

There’s no more development to be carried out on the riverfront, 

meaning construction rates are low. A stunning asset to Brisbane’s 

heritage, Teneriffe is home to the iconic brick woolstores that were 

once the heart of Australia’s wool exporting trade. Still standing 

today, the woolstores have been transformed into some of the most 

popular and authentic apartments in the city. 

4. Amenities 

Riverfront views and walks promote a scenic, relaxed lifestyle on the 

waterfront within close proximity to the city. 

Recreation is aplenty, with one of Brisbane’s beloved microbreweries 

The Green Beacon being the area’s favoured locale. A brisk walk will 

take you to China Town and the energetic nightlife of Fortitude Valley. 

Public transport is frequent and reliable, with CityCat ferries 

operating consistently on the river. 

5,335 

Population 

11% 

Houses 

Teneriffe Statistics 

1.3% 

Semi-detached 

/ Townhouses 

33-34 

Median Age 

78% 

Units 


3,032 


9.8% 

Others 


Newstead 

– 

Breakfast Creek Road 

1. Buyer Trends 

Downsizers: 

Well-positioned riverside apartments with a lock-and-leave 

lifestyle advantage in a fantastic location. 

Young professionals: 

Seeking to upgrade their lifestyle and downsize the level of 

maintenance in a convenient setting close to the CBD. 

Ann Street 

Newstead 

GASWORKS 

Skyring Terrace 

Longland Street 


With the average age of Newstead’s population around 35, 

the suburb is home to many young professionals. Being 

in close proximity to the city centre as well as enjoying all 

of the benefits of the neighbouring suburbs, Newstead is 

stepping out as an area to watch. 


Newstead is recognised as an up-and-coming area, with 

a growing nightlife scene that sees former warehouses 

make ideal homes for hip, laid-back breweries and pubs. 

The greenspaces of Newstead House and Newstead Park 

provide a further sense of history and culture. In keeping 

with the industrial atmosphere, luxury apartment living 

is on offer with improved facilities and a new developing 

community enticing people to call the area home. 

20 



Investing in the suburb sees an easy lifestyle upgrade by the water 

with little to no maintenance involved. Travelling on foot proves to 

be an easy and practical way to get around, with the riverfront and 

parklands within easy reach, and the bustle of the CBD and Fortitude 

Valley only minutes away. 

4. Amenities 

The Gasworks Plaza offers a variety of food and grocery options for 

a range of budgets, and the opportunity to swing by for weekly wine 

tastings. 

Access to Brisbane Airport is a short drive away, ideal for those 

travelling frequently interstate for work. 

Riverfront views and atmospheric waterfront lifestyle. 

2,200 

Population 

0.7% 

Houses 

Newstead Statistics 

1.3% 

Semi-detached 

/ Townhouses 

35 

Median Age 

85.5% 

Units 


1,566 


12.5% 

Others 


Finance Update 

– 

With Paul Hixon, Loan Market Mortgage Broker 

“Servicing rates now vary but you can 

say that they’re roughly 6% which 

means borrowers can borrow more and 

the credit crunch is relieved.” 

A lot has happened in the last six months in the world of finance. 

From the obvious election result and RBA cash rate cuts to smaller 

changes like APRA allowing servicing rate cuts, which I feel will have a 

big effect across some property sectors. 

The election was the big news so let’s start there. The prospect of a 

labour government and the changes they planned to implement gave 

a certain level of nervousness which spread across the county and 

held back investment and purchasing decisions. This only became 

really apparent post the election result with a clear uplift in mood 

and positivity across nearly all sectors. 

Those who had been on the fence with new projects pushed forward 

and sectors like housing started to see increased activity and 

clearance rates. 

Two interest rate cuts within a couple of months has put more money 

into home owners pockets. This will bring a boost to household 

budgets and help out those struggling to keep up. It will also 

help those landlords whose rents aren’t covering their mortgage 

payments, but has it also brought questions around the state of the 

economy? Are we in trouble? Or is this more just aligning our interest 

rates with those economies around the world with which we trade? I 

believe it’s the latter. If our interest rate is too high then our currency 

suffers, and our exports reduce. We need exports as the other option 

is imports where we’re paying someone else in another country to 

make stuff for us, by making it here in Australia we’re paying a wage 

here which drives the economy on. Interest rates and exchange rates 

balance this for us. 

Finally, APRA have allowed banks to reduce their servicing rates. 

For the last couple of years banks have been required to analyse 

customers living expenses to almost the last dollar whilst assessing 

they can afford their loan if interest rates went to 7%. This has caused 

a credit crunch and the argument is that interest rates are never 

(never say never) going back to 7%. 

Servicing rates now vary but you can say that they’re roughly 6% 

which means borrowers can borrow more and the credit crunch is 

relieved. 

What’s the result of these changes? My world is home loans and 

finance and we have definitely seen an uplift in activity and enquiry. 

First home buyers are back buying apartments which means 

developers can clear stock, developers clearing stock means they can 

look to start more new projects, new projects mean more jobs. 

This week I’ve heard of two multi offer situations in Newstead on 

apartments. That’s says enough to me right there. 

Paul Hixon 

Servicing New Farm, Teneriffe, Newstead and 

surrounding suburbs 

0424 080 341 | paul.hixon@loanmarket.com.au 

22 


Investing in Inner City Brisbane 

– 

The first half of 2019 has seen a rebirth in energy in the inner city apartment market 

Over the last few years the market has been extremely brutal on 1 

and 2 bedroom apartments, due to the release of a number of new 

apartment complexes in the inner city. 

The high demand for tenants saw landlords and developers 

offering out of the ordinary incentives to secure available tenants in 

the market. 

Now that these properties have all leased and we have seen a slow 

down in the number of complex's being completed, we have started 

to see rent prices rise and the market begin to bounce back. 

Further, with two reductions in the cash rate and most of the banks 

offering all time low finance options, it is essential that all property 

owners are reassessing their loans. We are spending a significant 

amount of time with our landlords and team on driving activity 

around this audit. As a result, we have seen a large number of our 

owner’s secure competitive investment loans in recent months that 

have greatly increased their net returns. I cannot recommend the 

services of Paul Hixon from Loan Market strongly enough and I urge 

any local property owner to contact him or their preferred broker to 

test their rate in the finance market. 

Haesley Cush 

Principal 

0421 057 233 

haesley.cush@livinghere.com.au 


Spotlight on 

– 

New Farm Neighbourhood Centre 

When you think about what makes a community thrive, the first things that spring to mind are the people and the local services that 

maintain its health and wellbeing. 

The New Farm Neighbourhood Centre exists at the heart of their community, assisting its residents through a range of social activities and 

local support services. From free barbeques, to free yoga classes, to routine community clean ups, the centre nurtures a sense of unity between 

all who reside in the New Farm Peninsula. For those who are in need, the centre offers access to free legal and housing advice, as well as free 

counselling sessions, as the centre prides itself on providing genuine support to its locals. Open four days a week, the New Farm Neighbourhood 

centre is fundamental to encouraging positive community development year round and ensuring that whether residents are seasoned locals or 

new to the area that they feel right at home. 

1. How did the New Farm Neighbourhood Centre start? 

The Centre was started by a group of local people who came together 

wanting to develop a local hub where people could come together 

around shared interests. They particularly wanted to address the 

needs of people experiencing hardship, isolation, and loneliness. 

The group also wanted to have a united voice around local issues to 

ensure that they could advocate and protect what they loved about 

their neighbourhood. 

2. What makes you unique to other local 

organisations, what is your outreach? 

The New Farm Neighbourhood Centre is unique as it aims to support 

the most vulnerable people in the community whilst bringing 

together the whole community in an inclusive and welcoming 

environment. It offers a broad range of support services such as 

counselling, information and referral, food relief, access to showers, 

laundry, computer and cooking facilities as well hosting visiting 

legal, health, housing and homelessness services through our Open 

House sessions. It also provides community education programs such 

as play groups, yoga, art, craft classes, writing groups, choirs and 

makes available accessible rooms and spaces for self-help groups, 

and other community interest groups. 

24 


3. What has been the key to the success of the 

New Farm Neighbourhood Centre’s mission, vision 

and work? 

The Centre has a strong local focus working with the whole 

community to: 

• Address issues of concern for community members. 

• Provide a place for community to come together around shared 

interest. 

• Support the more vulnerable of our community members. 

• Provides a welcoming hub for community engagement. 

4. What is the most important issue your organisation 

faces? 

Our premises is currently undergoing a major renovation and we 

have recently relocated to a new premise during the renovation. We 

will need to raise funds and seek support to assist with the fit out of 

the new premises. We are wanting to ensure that the new space is 

comfortable, accessible and aesthetically appealing and functional as 

a multi-use venue for the whole community. 

5. Is there something you wish more people knew 

about the New Farm Neighbourhood Centre? 

We have a wonderful social enterprise coffee cart that provides a 

pay it forward opportunity to ensure those that might not be able to 

afford to purchase from the cart are offered a coffee of their choice. 

The Cart has recently been recognised as one of the top 10 social 

enterprises in Australia. 

6. What are things our local community can do to help 

make your vision and reality and get more involved? 

• Come and have a coffee at The Cart and support our social 

enterprise. 

• Join as a Volunteer and help with our Open House service. 

• Offer yourself as a facilitator to lead a local interest or learning 

group. 

• Make a donation of funds or goods to support our work and or the 

refurbishment of the Centre. 

7. What’s currently the most exciting thing happening 

for the New Farm Neighbourhood Centre at the 

moment? 

The redevelopment and upgrade of amenity and facilities at the Centre. 

GET IN TOUCH 

860 Brunswick Street, New Farm 

P: (07) 3358 5600 

We are also supported by a wonderful group of local people who 

have developed a Patrons program to raise funds for the Centre, 

particularly to support those at risk or experiencing homelessness. 


Spotlight on 

– 

The Martin Brothers 

As a team, we endeavour to make quality industry relations with reputable industry contractors. One such relationship is ours with the 

Martin Brothers, a dynamic family-owned landscaping business—and as the namesake suggests—run by brothers Will and Jack Martin. 

Recognised in particular for their exquisite work throughout the 

recent redevelopment on James Street, Fortitude Valley, the Martin 

Brothers have earned their status as one of the city’s most tasteful 

and trusted landscaping businesses. Both on a public and private 

level, maintaining gardens and yard areas are a must in the real 

estate industry. Whether you’re selling or renting your property, 

be sure to take a leaf out of the Martin Brother’s book and apply 

yourself in beautifying greenspaces to ensure the best outcomes for 

your property. 

26 


1. How did your business start and what has the 

journey been like so far? 

Martin Brothers started 5 years ago with my Brother Will and I 

mowing lawns out of the back of a ute. We quickly grew a passion 

for our trade and dedicated ourselves to growing a business based 

around passion, culture and quality. 

2. What is your key focus at Martin Brothers? 

Our mission statement is “to dominate the landscape industry 

through delivering consistent high quality work with a team that is 

passionate about what they do. This is something that we live and 

breath at Martin Brothers and drive on a daily basis. The key points in 

this statement are dominate, consistent, quality and passion which 

we believe are only achievable when used together. 

3. Trends come and go in all things, what trends are 

most popular in the market at the moment? 

Some great trends at the moment are productive and functional 

gardens. We are big fans of multiple use trees/plants that not only 

look amazing however offer a second or third use. Take an olive 

or citrus tree for example. They not only look great, but are hard 

wearing, low maintenance and can provide great shade in any 

backyard, court or roof top as well are bare fruit! Another popular 

trend which often extends from the functional gardens is European 

gardens with lots of colour, shape and texture. 

4. What advice would you give an owner preparing 

their home for sale in terms of landscaping and 

gardens? 

The garden is always walked through before entering a house and 

when selling, first impressions are everything. It is important for 

prospective buyers to enter the house feeling positive not ducking 

for cover at the sight of the yard. We have had great success for our 

customers looking to sell. We have ample experience in pre sale 

landscaping through working with the team at Ray White New Farm 

and always feel like a few days worth of work, some new modern 

plants and fresh turf can make a world of difference come sale day. 

5. What is in store for the Martin Brothers for the 

second half of 2019? 

We have a great few months ahead with numerous high end 

residential and commercial projects in and around the peninsula 

and greater Brisbane. We will commence an additional extension of 

our office to cater for new team as we continue to grow. Every day 

something new and progressive is happening at Martin Brothers.. it's 

always exciting. 

GET IN TOUCH 

65 McLachlan Street, Fortitude Valley 

Jack Martin, Director: 0407 646 060 

Will Martin, Director: 0401 286 380 


Meet our team 

– 

Check us out 

One of Ray White New Farm’s most trusted and dedicated real estate 

agents, Tom Lyne began his career at the real estate group in 2012. A 

Brisbane local himself, Tom specialises in the city’s Northern suburbs, 

including New Farm, Teneriffe and Newstead, as well as Hamilton, 

Ascot, Clayfield and Hendra. His portfolio across the market is a 

reflection of his extensive knowledge about the local Brisbane 

area and genuine appreciation for the diversity of the city’s many 

iconic housing styles. After a 24 month stint in Central London at 

CBRE Group in 2016, Tom was able to take his consultancy to a new 

level. Working on a number of the latest prized luxury residential 

developments on a global scale allowed Tom a rare and unique 

insight into the international market that he continues to draw on in 

Brisbane. 

Recently, Tom has coordinated a number of outstanding sales, and 

in the process, broken several agency records, including: 

• 801/8 Kyabra St Newstead - Highest Penthouse Off River $4,325,000 

• 6/38 Elystan Rd, New Farm - Highest Art Deco Sale Price $925,000 

• 5/35 Terrace St, New Farm - Building Record $855,000 

• 2/578 Lower Bowen Tce, New Farm - Building Record $661,000 

Tom prides himself on building rewarding, stress-free client 

relationships through transparent and honest modes of 

communication. Known for his ability to maximise the outcome of a 

client’s most valuable asset and consistently negotiate the best price 

for their property, Tom is sought out by a variety of clientele for his 

sales expertise—with requests often leading him outside of his core 

suburbs and into the inner city. 

Team Vision 

Working alongside Tom is his passionate and committed team, 

Yasmin Green and Josh Hobl. 

Personal Assistant to Tom, Yas directs the marketing and 

administrative aspects of his operations. Merging her background in 

Law with an exceptional attention to detail and service, Yas ensures 

all communications between clients and Tom are carried out with 

utmost care and professionalism. 

At the beginning of the year, Tom welcomed Sales Associate Josh 

on board to assist in facilitating our campaigns. Coming from a 

background in client services at Qantas, Josh’s transition into the 

property industry was natural. Placing clients—particularly working 

closely with buyers—at the forefront of what he does, Josh has set 

the tone for excellent beginnings at Ray White New Farm. 

Team Lyne is devoted to seeking out new avenues in which to assist 

the wellbeing of their clientele, as well as reaching out and attending 

to the health of their surrounding communities. 

Getting involved in community initiatives, the team is committed 

to having a positive, meaningful impact throughout Brisbane. 

Overall, they look forward to deepening their team relationships 

and broadening their business strategy to ensure that every single 

opportunity is realised to its best potential. 

On a personal note, earlier this year we also welcomed another 

addition to Team Lyne, Tom and his wife Gill’s first born baby boy, 

Edward Lyne! 

28 



Ray White New Farm has continually achieved outstanding results for their client base and continues to set significant industry benchmarks. 

Over the first six months of 2019, the New Farm collective settled 162 properties at a total of $186,431,500.00. This has all been achieved by 

putting our clients first in every transaction. 

Beyond these impressive figures, our office has participated in a number of important initiatives: 

• White Shirt Campaign – raised funds for the Ovarian Cancer Research Foundation 

• New Farm Handball Festival – sponsors of this community initiative celebrating the opportunity to talk about positive mental health with 

kids and acknowledge everyone who gives back across their communities. Profits to New Farm Neighbourhood Centre. 

• Major Sponsor at New Farm State School Fete – raised $20,000 for the school 

• Annual Teneriffe Fitness Festival – Ray White New Farm and Function Well Gym annual event – raised money for the Queensland Brain 

Institute 

The past six months have been massive for Team Lyne at Ray White New Farm, but needless to say, we can’t wait to see what the next six 

months will bring. 

If you would like to have a confidential discussion with my team regarding your property plans, please do not hesitate to reach out 

directly—we would love to help! 

We look forward to sharing more with you soon. 

Tom Lyne 

tom.lyne@raywhite.com.au 

@tom_wj_lyne Tom Lyne Tom Lyne 



Your Story is Our Story 

– 

Receiving testimonials from our amazing clients allows us to measure and assess our performance and achievements as a team. 

Testimonials provide our clientele with the opportunity to reflect and note their honest feedback about how they feel about the outcomes 

of their time with us. We look to our testimonials regularly to ensure that we continue to grow, in order to supply our clients with the best 

experiences possible. 

FEEDBACK FROM SOME OF OUR SELLERS 

6/38 Elystan Rd, New Farm – Jules 

“Tom, Josh, Yas and the Ray White team provided a 5 star 

experience on every level. They worked strongly throughout the 

campaign in order to achieve a successful outcome. Tom’s excellent 

communication, work ethic and commitment to the task made this 

possible. I have bought and sold through Tom and his team at Ray 

White and I couldn’t have asked for a better agent!.” 

332/1 Newstead Tce, Newstead – Roy and Julie 

“I found the whole experience of marketing our unit with Tom very 

pleasurable due to Tom constantly updating us with feedback on 

inspections and also his interactions with our tenant and on site 

manager made for a smooth sale process. I would recommend 

Tom to both purchasers and vendors of his honestly and market 

knowledge..” 

169 Gladstone Rd, Highgate Hill – Greg and Catherine 

“Great outcome in a tough market. Tom and his team were proactive 

and worked tirelessly to identify the right buyer for my property. 

Communication with Tom was first class throughout the sales 

process.” 

55 Adelaide St, Clayfield – Paul 

“Big thanks to Tom and his talented Team for all the hard working 

put in to selling our organisations property at Clayfield. With not very 

much to go on, Tom was able to present the property in its best light 

which ultimately resulted in an impressive sale at auction for us. 

Pleasure to work with from start to end.” 

160 Oxlade Dr, New Farm – Kitty and Alex 

“We have no hesitation in recommending Tom Lyne and have 

already done so to friends and acquaintances when talking real 

estate. He is businesslike, makes no false promises and worked 

tirelessly on our behalf. During the sale period, he kept us updated 

with emails and spreadsheets, showing us prospective buyers and 

their interest in our property. Even though it was not a quick sale, he 

kept working hard on our behalf until he got the result, our asking 

price. We have since listed another property with Tom and it is under 

contract.” 

FEEDBACK FROM SOME OF OUR PURCHASERS 

302/1 Gray Street, New Farm – Ken and Helen 

“My wife and I recently approached Ray White New Farm Real Estate 

Agents to search out an area of Brisbane for a riverside apartment 

so we could downsize and relocate from a Gold Coast apartment. 

We were fortunate to have Tom Lyne and his team at that office 

find us . He had a very suitable apartment for us to consider within 

days of it becoming available for purchase. Our experience with 

Tom and his team was effortless from our point of view considering 

that the paperwork was all done in our absence on holiday in the 

country and overseas. The professionalism and attention to have 

all of the paperwork done on time and correctly attended to was 

certainly appreciated by us. We now are able to enjoy riverside living 

in Brisbane in an apartment not dissimilar to the one we have just 

vacated on the Gold Coast in the manner we have become to enjoy 

over the past decades. We can recommend this team to anyone as 

our stress free experience with the process has been nothing short 

of a dream outcome.” 

169 Gladstone Road, Highgate Hill – Linh 

“I am extremely happy to have met Tom. Most agents would 

disappear and won’t follow up after bank approvals, however, Tom 

was there for me every part of the way from start to finish. He is a 

true professional. Highly recommended!” 

6/38 Elystan Road, New Farm – Jacqui 

“I was honestly impressed with Tom’s professionalism, work ethic 

and commitment to achieving an excellent outcome for both his 

seller and me as the buyer. I could see he was genuinely working in 

his seller’s best interests while still helping me to secure the property, 

which I was determined to do. In the end the seller got a great price, 

selling a week before auction unconditionally, and I got an amazing 

property and long term investment for my family. Thank you Tom.” 

This is only a handful of our clients experience working with our team. 

Please view our Rate My Agent and video testimonials for more! 

Tom Lyne Ray White New Farm 

TOM LYNE 

30 



TOM LYNE 

Service beyond the transaction 

Value beyond expectation 

Tom Lyne 

0423 696 862 

tom.lyne@raywhite.com 

Available 7 days 

Disclaimer 

Although we have taken every reasonable attempt to achieve complete accuracy of the content in this publication, we assume no responsibility for errors or omissions. 

This report is intended to provide general news and information only. 

Any trademarks, service marks, product names or named features are assumed to be the property of their respective owners and are used only for reference. There is no 

implied endorsement if we use one of these terms. 

Readers are advised to contact their financial adviser, broker or accountant for your personal circumstances before making any investment decisions and should not reply 

on this document as substitute for professional advice. This content is published in good faith based on the facts known at the time of preparation and do not purport 

to contain relevant information with respect to all products which they relate. The publishers do not take responsibility for any factors or information that may change 

thereafter this release. Past performance is not an indication of future performance. thereafter this release. Past performance is not an indication of future performance. 

32

Half Yearly Market Report

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?