Matusik Property Insights are real estate strategists specialising in new residential development advice.
We help make new residential work. We cannot look at any project without seeing potential. We come from a market's point of view.
Our focus enables us to react quickly and proactively. We are very deadline orientated.
With few independent services available to the residential development industry, Michael Matusik founded Matusik Property Insights in the late 1990s. Matusik provides strategic residential property advice to development firms, financiers, the government, industry bodies - and in some cases, individuals.
At last count, Matusik has helped around 400 new residential developments come to fruition. Think: Sanctuary Cove; Brookwater; North Lakes or Cutters Landing, to name just a few. This is a highly focused boutique operation which is passionate about what it does.
Matusik is an active member of many industry organisations including the Urban Development Institute of Australia; the Property Council of Australia; the Brisbane Development Association and the Master Builders Association.
Michael is the director of Matusik Property Insights; he gives around 50 presentations a year; is a weekend commentator on 612ABC; is (sadly) the public face of Matusik and is author of the Matusik Snapshot newsletter, among other things. He also likes to play golf. He is married with two teenage daughters and lives on acreage in Brisbane's west. He divides his time.
Did you know?
Someone asked us recently to comment on the old adage of property prices doubling every seven years, in light of recent predictions that Brisbane will see a $1 million median price by 2015. It would be nice if we could guarantee that for all, but here's the skinny: In most urban areas across Australia, and in most cities in the western world, the median residential property price has doubled in value every seven years or so since WW2. So while statistically the median house value for Brisbane City could be close to $1 million in seven years or so, it does not mean that most houses will be worth that - just the 'middle' one.
Median v Average
Median price refers to the middle price of all sales, unlike average price, which is all sales divided by the number of sales. In 1970, the bell curve around the median price was quite tight. Today it is quite wide and getting wider, meaning that some properties are growing faster than average and attracting great premiums - like the recently quoted $14.5 million apartment sale - while others are not growing fast at all. Into the future the spread of property values is likely to get even wider. Increasingly, there will be the 'haves' and 'have-nots' in the property market - being near infrastructure; in mixed-use locations; having a long-distance and better still, CBD view; being near the river/bay or in a leafy, well-established suburb will mean more price growth. In contrast, a generic home away from such things is still likely to grow, but maybe not as fast.
For more plainspeak from Matusik, subscribe to Snapshot, our in-depth, residential report.
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