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‘Tech angel’ to help retirees tap into digital age

first_imgAveo NewsteadAveo Newstead’s newest residents, who were welcomed on June 1, will have access to their own “tech angel” in what is reportedly a retirement living first.Unique to Aveo Newstead, residents have access to a tech bar complete with a staff member on-hand to help navigate those in need of support. This includes anything from setting up their Google Home to configuring smart TVs and personal devices, with learning programs available to all. Mr Grady said the premier location and the integrated care solution were attributed to the project’s success. “Aveo Newstead has been our most successful off-the-plan development to date. The significant level of inquiry has been driven by the fact we are placed within one of Brisbane’s most desirable suburbs,” he said.“We are attracting interest from interstate with prospective residents coming from Melbourne and Canberra to see just how special this community really is. The total community areas span almost 3681 sq m with panoramic city skyline views from the rooftop lounge on Level 19, floor to ceiling glass private dining room and lounge to the largest community recreational landscaped terraces in Brisbane. Seniors are embracing technology at a rapid pace, which is why we want to ensure our residents can enjoy the many benefits of the ever-changing digital game.” Apartments have zero-step-flush thresholds, gourmet kitchens and spacious bathrooms. More from newsParks and wildlife the new lust-haves post coronavirus18 hours agoNoosa’s best beachfront penthouse is about to hit the market18 hours agoInside Aveo NewsteadAveo CEO Geoff Grady said the $250 million development had taken more than 800 inquiries and more than $40 million in sales off the plan, as a new generation of retirees looked to settle in Brisbane’s first integrated vertical retirement community.Set in the Gasworks precinct, seniors have gravitated to Aveo Newstead, which features 144 one, two and three bedroom apartments including eight penthouses, plus 154 aged care beds and apartments.last_img read more


September 28, 2020 0

Slim pickings in suburbs with fast turnaround

first_img22/36 Vernon Tce, Teneriffe is for sale for offers over $1,050,000 and is being marketed by Belle Property New Farm’s Richard Barlow.If you want to buy a unit at Wishart, you’d better act fast. CoreLogic data reveals units in the suburb, 14km southeast of the CBD, spend the shortest time on the market, with a median time of 13 days. By comparison, the Brisbane median time on the market is 64 days. Rounding out the top 10 are Boondall (20), The Gap (23), Tingalpa (23), Camp Hill (28), Yeerongpilly (31), Everton Park (32), Aspley (34), Sunnybank (35) and Bardon (36).Arrive Wishart agent James Bell said stock was tight and he had no units listed for sale.“We have probably 10 to 15 buyers on a waiting list for a unit or townhouse in Wishart,” he said. “Units get snapped up quickly.” 11/17 Cardross St, Yeerongpilly is listed for sale for offers around $350,000 and is being marketed by Robert Wilson of Ray White Annerley.And it is slim pickings in many of the top 10 suburbs generally, with units listed one minute and gone the next.In the northern suburb of Everton Park, a wave of unit constructions means a lot of new stock has entered the market.More from newsParks and wildlife the new lust-haves post coronavirus17 hours agoNoosa’s best beachfront penthouse is about to hit the market17 hours agoBut a lot of older stock is taking longer to shift, according to local agents.Xcel Real Estate Group agent David Fenwick said the newer units were attractive to buyers as they often had lower body corporate fees.“My gut feeling is that it (median time on the market for Everton Park) is being driven by off-the-plan sales,” he said.He is marketing 805/117 Flockton St in the Evvien complex – a three-bedroom, two-bathroom unit listed for offers of more than $520,000. It has a balcony overlooking a pool, open-plan living, a kitchen with European appliances and wine fridge, large bedrooms, a main bedroom with ensuite and separate balcony, a main bathroom with spa bath, and a powder room. 805/117 Flockton St, Everton Park is for sale for offers over $520,000 and is being marketed by David Fenwick at Xcel Real Estate Group.In Teneriffe, where the median time on the market is 56 days, Belle Property New Farm agent Richard Barlow is marketing three woolstore apartments. “It is a very different market, with prices generally north of $800,000,” he said. “The vast majority of buyers are empty nesters or young professionals, the owner-occupiers.”One of the apartments on his books is 22/36 Vernon Tce. The three-bedroom, two-bathroom apartment is in the renovated London Woolstore apartments. center_img Units at Teneriffe are among the fastest selling in the Brisbane marketIt has marble and granite in the bathrooms, polished American oak floorboards, heritage brick, ironwork and beams, and sash windows. On the lower level, there are two bedrooms, including the main. On the upper level is a kitchen and living area, and the third bedroom. Mr Barlow said the three apartments were going to auction.last_img read more


September 28, 2020 0

Renovating an existing house in an established suburb can pay off, experts say

first_img Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:53Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:53 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD432p432p288p288p216p216pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenThe top 5 Love It or List It makeovers from season 100:54 But Archicentre Australia says there are many positive reasons to buy in an established suburb, including transport accessibility, medical and educational choices, proximity to work, nearby coffee shops, restaurants and bars, and existing recreational facilities. Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:50Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:50 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenDifferences between building in new or established estates01:50TO buy old or new? That is a question often wrangled with by home buyers. There is little doubt that the lure of a new home can be a tempting one, and the promise of sparkling new community facilities are often a major drawcard. The house will go to auction at 11am todayMore from newsParks and wildlife the new lust-haves post coronavirus15 hours agoNoosa’s best beachfront penthouse is about to hit the market15 hours agoBut if there is nothing redeeming about the existing structure – poor siting, major structural distress, too many mistakes made by previous homeowners – then demolish it and move on, Mr Georgiev said.Not only can updating an existing building be rewarding, it can be lucrative. Joan Leahy and Patrick Klimczyk renovated and transformed a neglected workers cottage at 17 Tranters Avenue at Camp Hill. Picture AAP/David ClarkArchicentre Australia director Peter Georgiev said an existing house often just needed a modern makeover.“There is usually a fair bit of embedded energy in its existence – and often far better materials and features than a new building will offer, for example old growth forest timber strip flooring, and/or higher and more spacious rooms,” he said.“The idea is to retain the good bits and enhance them with 21st century goodies, such as insulation and improved sealing for better thermal performance, and fresh and expanded electrical services. “Engage with your architect and a cost planner … and belt out a buildable solution. It takes work but you’re in control.”center_img … but look at it now! Picture AAP/David ClarkThe owners of 17 Tranters Avenue at Camp Hill will test the value of their extensive renovation when the house goes to auction at 11am today. The charming character home merges classic Queensland character and Hamptons style, and is listed with Place Woollongabba. RENO RUMBLE: Love It or List It: TV celebs twist Daisy Hill owners’ arms The kitchen before the renovation was cramped and dark …DG Institute founder Dominique Grubisa lists her top tips for flipping a property for maximum profit – do your research, understand the risks, investigate and calculate the sums, be realistic about your skill set and sell or rent it once completed.“Research your local real estate market. Where do people want to live right now? What kind of properties do they want to buy? Don’t speculate about up-and-coming neighbourhoods,” she said. “Successful real estate investors are those who understand all the risk factors involved and know how to efficiently eliminate or reduce its impact. “Conduct a thorough inspection into factors that will affect the initial sale price and then the ultimate resale value. Figure out the potential value of your investment.” The established suburb is considered a “high demand market” by realestate.com.auJust 6km southeast of the CBD, the median house sales price for Camp Hill is $927,500, and the median suburb age is 35 years.last_img read more


September 28, 2020 0

Pat Rafter misses out on $1m pay-off from his land development

first_imgSun’s out, guns out … Pat Rafter and Jimmy Barnes (left) in a file picture from Bonds’ 100th anniversary campaign.Former world champion Pat Rafter has missed out on a million-dollar pay-off on land he developed in the Queensland town where he grew up.The star player, who has made more from real estate than his international tennis winnings, had developed the land among several properties he owned in the Eumundi-Noosa region north of the Sunshine Coast.But when the property sold for a tidy $1.01 million this month, it was not Rafter picking up the cheque, but the couple that he had sold it to at a discount. The Rafters kitted out the beach house as their ’forever home’.His father Jim had successfully tamed vast tracts of Eumundi scrub land into what is now valuable residential real estate close to Noosa. Several of the Rafters, including Pat, have held plots in the area, with a massive 1.29ha block at 108 Panorama Drive currently on the market for $1.35m.The tennis superstar and his family have since relocated to a sprawling 38ha estate just over the border in Byron Bay, which film megastar Chris Hemsworth also calls home. Brisbane suburbs to watch in 2019 The Rafter family have a 1.29ha block on the market right now at 108 Panorama Drive, Doonan for $1.35m. These are 2018’s best homes Rafter was on a property divestment spree when he sold the block for $347,500 in May last year – though admitedly he had not wanted much more than that for the block, giving a discount of $17,500.The couple that bought Rafter’s block in Eumundi relocated a 1900s Queenslander to the site which they renovated before the sale. More from newsParks and wildlife the new lust-haves post coronavirus15 hours agoNoosa’s best beachfront penthouse is about to hit the market15 hours agoA 1900s Queenslander was relocated to the site and renovated.Rafter struck the deal at a time when his stunning Sunshine Beach home in Noosa had been sitting on the market for six months without a solid bite.And while he might not have been so patient with the land sale, his Noosa beach house went on to sell a year later for $15.2 million to the founder of Betty’s Burger David Hales.Rafter has an affinity for sprawling residential land developments, having turned his hand to it after retiring from professional tennis. center_img Rafter went so far as to put a driveway in. His amazing Sunshine Beach beach house sold for $15.2m to burger entrepreneur David Hales. FOLLOW SOPHIE FOSTER ON FACEBOOK MORE: Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:51Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:51 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD576p576p432p432p270p270pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenStarting your hunt for a dream home00:51last_img read more


September 28, 2020 0

Renovated Daisy Hill home has perfect family flow

first_imgAFTER: It is now modern and open plan.Downstairs near an inground swimming pool is Mr Prieditis’ favourite space at the property.“It is very nice to sit out there and have a few drinks and entertain,” Mr Prieditis said.“It is somewhere social to sit around and even in winter it is nice when the heat radiates out of the pizza oven.”He referred to the location of the house as the “Golden Triangle” — close to the Gold Coast, Sunshine Coast and Ipswich. BEFORE: The area was dark and dated. The house at 75 Trevallyan Drive, Daisy Hill, is for sale. AFTER: The changes are subtle, but pleasant.Owner of 75 Trevallyan Drive Mark Prieditis said the whole street gets involved with the event, and it was something he would miss as he sells his property.“It’s been happening every year for nearly 30 years,” he said.“As soon as it gets dark, everyone gets paper bags and puts in candles to light up the whole footpath.“If someone is away on holidays, we’ll step in to fill the gaps, and we sing Christmas carols as we go up the street.“Everyone gets to be social and say hello to people you might not usually speak that much to.“It’s a great community thing we do.”More from newsParks and wildlife the new lust-haves post coronavirus15 hours agoNoosa’s best beachfront penthouse is about to hit the market15 hours agoThe house leads seamlessly from indoors to outdoors.When Mr Prieditis moved into his house a decade ago, they gutted the property and doubled the living areas. AFTER: The same spot is now bright and has been extended out to the side.There are now polished timber floorboards, exposed timber ceilings and an open plan living design that Mr Prieditis said was fantastic for family living.“It’s been a great house because it flowed in a way that kept us engaged as a family,” he said.“We were always engaged in conversation or with what was going on, which was great when the kids were growing up.” Sitting by the pizza oven is one of Mr Prieditis’ favourite spaces.Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:51Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:51 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD576p576p432p432p270p270pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenStarting your hunt for a dream home00:51 BEFORE: The kitchen was cramped and cluttered. HEADING into Christmas, this Daisy Hill street is the place to be.Trevallyan Drive comes alive, as the occupants of the street hold a progressive Christmas party. BEFORE: The backyard and pool.last_img read more


September 28, 2020 0

Newport’s new 22ha lake complete

first_imgVideo Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:53Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:53 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels576p576p360p360p288p288p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenNew lake filled at Newport00:53A new lake equivalent to about 1000 Olympic-sized swimming pools has opened at the at Stockland’s Newport waterfront community on the Redcliffe Penisula. “It’s been a significant undertaking, with work beginning on December, 2015, so we’re delighted that residents will soon be able to enjoy it for activities both on and off the water.“We are looking forward to completing landscaping on adjoining waterfront parkland early next year to allow the public to access the lake for non-motorised activities like kayaking and stand-up paddleboarding, as well as creating a great venue for barbecues and events.” New 22ha lake to form part of community The proposed landscaping on the waterfront parkland to be completed early next year.More from newsParks and wildlife the new lust-haves post coronavirus15 hours agoNoosa’s best beachfront penthouse is about to hit the market15 hours agoAbout one-and-a-half million cubic metres of earth were excavated to create Stage One of the non-tidal lake and excavated soil has been used in the construction of other parts of the 143ha Newport community. During the lake’s construction there were typically around 160 personnel and 60 earthmoving machines in operation each day.Private access will be available initially for lakeside residents of the Newport Quay precinct from early January. Developer: Stockland Price: Non-waterfront lots at Newport start from $292,900 for 313sq m, waterfront lots ranging to $935,900 for 637sq m Location: Cnr Griffith Rd and Boardman Rd, Newport One and a half billion litres of sea water flowed into the lake over three weeks before it was opened on December 12. MORE: Newport is now home to almost 600 residents with new families moving in every week. Upon completion, the community will be home to more than 5000 residents with almost 2000 dwellings and a future town centre with retail.center_img THE BASICS Want to live by the water? Riverfront house sells in secret deal >>FOLLOW EMILY BLACK ON FACEBOOK<< NEWPORT Moreton Bay Regional Council Councillor James Houghton, Stockland’s David Laner and Federal Member for Petrie Luke Howarth cut the ribbon at the official ceremony for Newport’s 22ha lake.Stockland acting Queensland residential general manager David Laner said construction of the 14m deep non-tidal lake had spanned three years and was “the jewel in the crown’’ of the thriving Newport community.“Our vision for Newport has been built on creating a high quality community centred around this lake, so we are thrilled to see it now become a reality,’’ Mr Laner said. RELATED:last_img read more


September 28, 2020 0

A refurbished heritage-listed home will be part of new development

first_imgMore from newsParks and wildlife the new lust-haves post coronavirus11 hours agoNoosa’s best beachfront penthouse is about to hit the market11 hours agoThe dark scheme kitchen at Thornclyffe Residences, Kangaroo Point. The penthouse living area at Thornclyffe Residences. Thornclyffe Residences is at Kangaroo Point.Developer manager Andrew Travers, of The Kenlynn Group, said there would be two sub-penthouses on level six, and on level seven there would be two penthouses with exclusive use of the private rooftop terrace. Thornclyffe Residences ensuite.Mr Travers said the two-bedroom apartments in the complex would average 110sq m of internal space plus a balcony.All apartments will come with balconies and share a residents-only swimming pool.“Most enjoy city or river aspects, or aspects overlooking the heritage-listed Shafston House,” Mr Travers said. Thornclyffe House at Kangaroo Point. Photo: SuppliedA newly restored heritage-listed home will be incorporated into the design of a new eight-storey apartment building at Kangaroo Point. Thornclyffe Residences, a 20-unit complex, will feature a mix of two and three-bedroom apartments as well as penthouses.center_img A spacious bedroom is very spacious.Thornclyffe House, is on the local heritage list, and Mr Travers said while it was challenging to incorporate in the project, it would soon become a prominent aspect.The house itself will be priced over $2 million, after being fully renovated with a modern extension on the back.The three-bedroom, two-bathroom home will be visible after being hidden behind a concrete wall for a long time.“The previous development approval was that the house was being converted into a common space, but we felt it was important to retain the historical use of the house as a residence,’’ Mr Travers said.“The original Thornclyffe was built in approximately 1886 by Barbara Murphy and is a very good example of an 1880s Victorian-era upper-middle class Queenslander home.”Apartments are priced from $750,000 for a two-bedder, ranging up to $2.995 million. The penthouse ensuite with a dark colour scheme.Mr Travers said the development would attract buyers as there would be very few investors and short-term tenants onsite.Bruce Goddard, of Place Projects, said the project was being marketed at owner-occupiers, downsizers, and professional couples working in the city.“Anyone who is looking for quality, generous sized liveable residences with the amenity, accessibility, and convenience provided by the Kangaroo Point address,” Mr Goddard said. Thornclyffe Residences.last_img read more


September 28, 2020 0

Housing starts tumble but price rises set to draw buyers back

first_img”There was a record construction boom and Queensland peaked a lot earlier than Sydney and Melbourne did so from that perspective we might be a bit ahead so things might pick up a bit quicker here. Confidence is key.”He found buyer enquiries for Brisbane property were rising especially out of investors from the two major southern capitals.“We have a buyers agency and the number of enquiries we get has picked up. We find investors from Sydney and Melbourne looking in the $500-750,000 range. People want to get a toehold.”Housing Industry Association chief economist Tim Reardon said detached housing starts had slowed to their lowest level since December 2013.He said “the impact of three cuts to interest rates and small fiscal stimulus has slowed the decline in work entering the pipeline”.More from newsParks and wildlife the new lust-haves post coronavirus11 hours agoNoosa’s best beachfront penthouse is about to hit the market11 hours ago Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:42Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:42 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenTop 5 hot Brisbane suburbs 01:43 ABS Dwelling units commenced, June 2019. Source: ABSHe said housing figures were stabilising though the impact on new apartment builds especially were expected to be a drag on the economy “for the next year to two”.“I wouldn’t say it’s a particular surprise, plus it’s coming off a very high base,” he said, plus they covered a period impacted by uncertainty surrounding federal election policies.“Since the election we’ve had three interest rate cuts and historically that has always driven investment in housing,” he said, “but you generally find the biggest influence is prices, that is if people see prices rising. If there’s uncertainty and prices falling that generally kills the construction cycle dead.”“The lower interest rates will be one driver and APRA has removed some of the caps put in place on the volume of investors in the market so that could free up a bit more investment.”He said Queensland was better placed in the property cycle for a rise now. Gabba project lures investors “Given some of the good news on the horizon around infrastructure investment and increasing interstate migration, there’s every chance Brisbane will be one of the country’s best performing capital city markets over the next three to five years.”The report said along with low interest rates, Brisbane had seen a recovery in its rental market, which was good news for investors.“Average rents are rising, albeit modestly, with vacancy rates tightening. This has something to do with the uptake of inner-city apartment oversupply. While there is still plenty of stock to be absorbed by the rental market, the numbers are better now than they were a few years back.” FOLLOW SOPHIE FOSTER ON FACEBOOK Most of that economic drag came off a downturn in other residential buildings (-26.3 per cent) though house commencements were also down (-16pc) nationally.That came off falls everywhere during the 2018/19 financial year — barring ACT (+17.8pc) and Tasmania (+5.3pc) — with the downturn largest in NT (-28.4pc), South Australia (-22.6pc), Victoria (-17.8pc) and Western Australia (-14.3pc). Queensland (-13.9pc) and New South Wales (-13.1pc) were also in the red year on year.But Brisbane economist Pete Wargent, co-founder of buyers agency AllenWargent Independent Property Buyers, said the figures were not surprising. Final penthouse sells for sky high price MORE: Spring swing underway in Brisbane Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:40Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:40 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenQuestions for Millennial home buyers01:41 Buyer enquiries for Brisbane property were rising especially out of investors from the two major southern capitals, according to AllenWargent Independent Property Buyers co-founder Pete Wargent.Official data out today found a massive -20pc slump in new building starts across the country, but Queensland may be in better shape than most.Latest Australian Bureau of Statistics building activity data found the total number of dwelling units commenced in the private sector nationally shrank -20.3 per cent (Jun qtr 18 to Jun qtr 19) to 46,315. “A return to normal lending conditions would provide a boost to home building and the wider economy. Indications are that the downturn in new projects entering the pipeline are starting to improve following cuts to interest rate but the market is not yet at the bottom of this cycle.”This as the latest Herron Todd White property market report, released Wednesday morning, found Brisbane offered “an extraordinarily good balance of property options for those building a diversified investment portfolio”.MORE: Title for priciest mega-mansion heats up Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:36Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:36 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenWhat do QLD buyers want?00:36last_img read more


September 28, 2020 0

Originally allocated to aircon condenser units these sky suites are next level

first_img Stylish full-floor apartment living MORE QLD real estate news: Top renovators on the market Fancy a home with retractable walls? For more Qld real estate news follow us on Facebook Josh Wiltshire in the new sky suites to be launched to the public at Lume at Kangaroo Point. Photo: Jamie HansonBuyers can pick up an exclusive sky suite in one of Brisbane’s newest developments without having to pay a million-dollar price tag.The suites, with never-to-be-built-out views, are part of the Lume development at Kangaroo Point and are a first for Brisbane, according to Murray Thornton, the managing director of Devcorp, the scheme’s developer.“Rooms hired for private use in rooftop spaces is nothing new, but the exclusive use of a rooftop space that is listed on your title, with these kinds of views, is unheard of for Brisbane,” he said.Mr Thornton said the multifunctional suites, which could be used as office workspaces, rumpus rooms or swish retreats, were setting the benchmark for luxury rooftop living spaces.“The idea seeks to capitalise on the premium rooftop location at Lume, which has some of the best views of Brisbane’s CBD,” Mr Thornton said.“What was originally drawn up as space allocated to airconditioning condenser units was reconfigured to allow for seven exclusive-use rooms, available to buy in conjunction with any of our luxury apartments.” Lume at Kangaroo Point.More from newsParks and wildlife the new lust-haves post coronavirus10 hours agoNoosa’s best beachfront penthouse is about to hit the market10 hours agoMr Thornton said he wanted to give those who buy an apartment in Lume the opportunity to own a piece of the view that sets the building apart from other developments on the market.He said the suites are fully functional, multi-use spaces fitted with spotted-gum flooring, floor-to-ceiling double-glazed doors, kitchenettes, a premium wine fridge and plenty of storage. “The spaces have been designed to cater to the needs of a range of demographics – they are multifaceted rooms,” Mr Thornton said.“The sky suites could provide a family with an additional rumpus room, or a semi-retired downsizer or business owner with a home office. The sky suites are available to anyone who has purchased one of the one- to three-bedroom apartments in the Lume complex and will be sold via expressions of interest from mid-March.last_img read more


September 28, 2020 0

Calls for $40,000 new-home buyers grant to avoid industry ‘bloodbath’

first_imgMr Galvin said the June deadline was critical because it took about 20 weeks from the point someone decided to build to spades breaking ground, so any relief beyond that could come too late. “There is no point having the Job Keeper program if there are no jobs for people to come back to,” he said. “If the government doesn’t act, it will have a bigger problem than COVID-19 on its hands.”The sentiment has been echoed by other industry bodies such as the Property Council of Australia and Housing Industry of Australia (HIA), which have also called for a new-home buyer grant, although they are asking for $50,000. Michael Roberts, the chief executive of the Queensland HIA said it didn’t matter if the grant was $40,000 or $50,000, the amount simply needed to be enough to get people who had been thinking about buying a home, off the fence and over the line. CASE STUDY: ‘$40,000 would have made a big difference’ Middle of the market set to lead post COVID-19 sales Emily Manchon, 39, with husband Christoph, 38, and son Raphael, 2, have just moved into a new home in Upper Kedron. (Photo: Liam Kidston) THE GRANT IN BRIEF • The $40,000 grant would be available to any individual or family building a new home.More from newsCOVID-19 renovation boom: How much Aussies are spending to give their houses a facelift during the pandemic3 days agoWhizzkid buys almost one property a month during COVID-197 days ago• Ideally there will be no maximum or minimum cap put on the size of home built or total spend (most new-builds cost between $250,000 and $500,000).• The grant can be used on anything in the build, ie upgrades or after-build costs such as landscaping or installation of pool, as long as it is in the contract. • The grant would be in addition to any other government funding, such as the first-home owners grant.center_img Grant Galvin, the chief executive of Master Builders Queensland, said a new-home buyers grant was the only thing that could rescue the sector short-term. “There is minimal construction work set to carry on beyond August, so if the government does not act now, this sector it is going to fall off a very come September when hundreds of thousands of people find there’s no more jobs,” Mr Galvin said. “I wouldn’t want to be the government going in to an election in October if this is allowed to happen. We need a lifeline to avoid what is likely to be a bloodbath in our industry and we need it now.” Master Builders Queensland chief executive Grant Galvin says a new-home buyers grant is the only thing that can save the building industry short-term.At the start of the year about 1.2 million workers in Australia and 252,000 Queenslanders relied directly on construction for their employment. Latest figures from the Australia Bureau of Statistics indicate that more than 77,500 jobs nationally and 12,900 in Queensland have been lost since the start of COVID-19. Under a worst-case scenario for the state, Master Builders estimates that in the COVID aftermath, state job losses could reach 100,000. A report by accountant Ernst & Young, commissioned by Master Builders, shows that across the state a new-home buyers grant could save up to 21,000 jobs, provide a $5.86 billion lift to the wider economy, create construction activity to the tune of $3.37 billion, lead to 2,270 new homes being built and provide support to 355 construction businesses, most of which are small family companies owned by “mums and dads”. Steve Foley, the chief executive of Coral Homes, one of Australia’s biggest builders, said the drop in sales during COVID-19 had wider-implications such as restricting the acquisition of new land, stifling any future development. He agreed a new-home buyer grant would greatly help to restore consumer confidence and bring footfall back to show villages. “We can see some enormous benefits if people can get this help. It will be a really good opportunity for people to buy a home, which I have not see in many years,” he said.Mr Foley said a combination of rock-bottom mortgage rates, the first-time buyer grant and a $40,000 new-home buyer grant meant there had never been a better time for people to build a home. Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:40Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:40 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels540p540p360p360p270p270pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenCOVID-19: How the property market is tracking01:40 Beach house that looks like a superyacht The building industry could be in dire straits come September when work on residential projects dry up.A $40,000 new-home buyers grant needs to be introduced within a month to avoid a potential “bloodbath” in the building industry, and save up to 100,000 jobs across the state. The Master Builders Association said the sector was facing an unprecedented crisis, with traffic through show homes down 90 per cent across the country since the start of COVID-19, and conversion rates from those visits at just 50 per cent. MORE Banks move to stem mortgage fallout For Emily and Christoph Manchon, an extra $40,000 in the form of a new-home buyers grant, would have helped them with the post-build costs of their new home, which they moved into last week.The couple, who have a two-year-old son, Raphael, and are expecting another baby, were living in a small apartment in Keppera, but needed more space. They decided to build a four-bedroom, two bathroom Plantation Home in the Ellendale estate in Upper Kedron.Attracted by the development’s affordability, the house cost $260,000 with some upgrades, and location, it has taken nine months for the build to come to fruition.For Emily, who said she and her husband had both utilised the first-home owners grant in the past, a new-home buyers grant of $40,000 would have made a big difference to their ultimate financial situation.“A lot of people underestimate the post-build or upgrade costs when they first look at a new-build, so the grant money would ensure that there were no surprises at the end,” she said.“Once you’ve got the house you’re pretty strapped after that.”The family is facing about $30,000 in post-build costs for things such as landscaping, window coverings and the driveway.last_img read more


September 28, 2020 0