Sunshine Coasts New CBD “SunCentral” Well Under Way

Sunshine Coasts New CBD “SunCentral” Well Under Way

Already more than 100,000 tonnes of earth has been moved since work began on SunCentral earlier this year. Underground – around 330 metres of sewers have been laid and a high-voltage transmission line has been re-aligned. The bulk earthworks on stage one of SunCentral are now complete and the outline of the Sunshine Coast’s future CBD is now clearly taking shape. Traffic lights are currently being set up in two locations on Maud Street for entry to the new CBD with the main entrance and major intersection soon to be built via Aerodrome Road. Civil works will be starting next month which will include installing the most technologically- advanced foundations of any city centre in Australia.  Because the 53-hectare site is essentially a blank canvas both above and below ground, SunCentral can install innovative infrastructure that would simply be too expensive to retrofit in older, established CBDs. A great example of this is the underground Automated Waste Collection System (AWCS), which will use vacuum power to transport waste from apartments, businesses and public areas through a 6.5km network of underground pipes. Conduits for three telecommunication systems will be installed for NBN, Telstra and the new Smart City fibre optic network. These will ensure the city centre has unrivalled connectivity without the disruption to roads and utilities often involved in installing broadband services. This year will also see power lines, water mains and storm water drains installed, while on the surface the first roads and pavements will be laid down, a new park will be created and a stunning new east- west waterway will be built. The CBD will become the beating...
SunCentral The New Heart of The Sunshine Coast

SunCentral The New Heart of The Sunshine Coast

There has been much hype over the plans for the new CBD “SunCentral” in Maroochydore and with works now well underway there is a real buzz in the Sunshine Coast air. Keep an eye out for development updates in following weeks and months – stage 1 is due for completion by the end of the year.  Below are some key features of the new coastal city. Urban Square Urban Square is designed to be a more intimate, functional space, different to the other parkland areas of the new City Centre. This communal city parkland is a place of lunchtime retreat and local recreation for residents and office workers alike. Designed to be transformed in the evenings and weekends to be the location for smaller community events. The Corso The Corso is the city’s active waterway that will act as an East-West spine through the CBD with the Entertainment and Cultural Centre and Transit Plaza anchoring it at each end. The Corso will be a highly active retail, transport, and dining cityscape where events and performances  will bring the public realm to life day and night, and ensure a strong community engagement with the evolving city centre. Entertainment Centre The Entertainment Precinct is intended to deliver a new entertainment, arts and convention activity centre comparable to Brisbane’s Southbank. Located on the edge of the central lake and the new city centre, this precinct will accommodate major entertainment, tourism and community events. Featuring architectural excellence whilst incorporating sustainability and energy efficiency targets. Residential Parks The residential parkland areas will generally be smaller and more local in character, essentially providing access to...
Harmony – Sunshine Coast’s EnviroDevelopment

Harmony – Sunshine Coast’s EnviroDevelopment

Harmony is the latest housing development to be launched here in the Sunshine Coast. Nestled in between the pristine coastline and lush green hinterland; it  has all the heart of a village community – with all the soul of beachside living. Here, you’ll find everything you’ll ever need……. that year-round sunshine, un-spoilt beaches and the tranquillity of the tropical hinterland, all right at your doorstep. Inspired by the great outdoors, Harmony is a living tribute to the 378 hectares that it lies on. A big 1.5km linear park (the length of 10 football fields) sits in the centre of Harmony, similar looking to the world famous Champs-Elysee in Paris. Forest hikes, bike and walking trails thread through it all, bringing the whole place to life and the people closer together. No matter where you choose to live in Harmony, you’ll never be more than 500 metres or 5 minutes walking distance from a park or an open green space. The Sunshine Coast offers a world class learning destination and is one of Australia’s best lifestyle locations. Harmony rests in the centre of everything the coast has to offer including cafes, restaurants, shopping and entertainment. The Coast’s unique casual culture is genuine and welcoming, and Harmony will emulate this desirable, authentic way of life. Set on 378 hectares, Harmony will deliver more than 4800 homes for 12,000 future residents as well as a town centre and 100 hectares of parklands. With a development timeline of 15-20 years, it is anticipated that Harmony will create around 9000 jobs and the first land release will take 12 months to complete. AVID General Manager Bruce Harper said Harmony was...
Brisbane Property Values on The Rise!

Brisbane Property Values on The Rise!

While the general price growth for the greater Brisbane property market has been steady for most suburbs, there are some which have well and truly over performed. Some in demand suburbs in the greater Brisbane area chalked up massive median price increases and “earned’’ more than a typical worker during the past year, which according to the Australian Bureau of Statistics is $78,832 per annum. 23 suburbs in greater Brisbane achieved median house price growth of more than the above figures in the past year. Inner city Teneriffe and its neighbour New Farm topped the list. Teneriffe’s median house price leapt from $1.47 million in 2015 to $1.9 million last year – a difference of $430,000. New Farm also performed well with its median house price jumping by $316,000 to $1.675 million. Inner city suburbs were not the only ones to achieve such strong growth during the year. In the outer suburbs south of Brisbane, Robertson “earned” well above the average yearly wage last year with its median house price up by $227,000. SUBURBS THAT EARNT MORE THEN THE AVERAGE WORKER……… Suburb Median 2016 – Suburb Median 2015 – Difference Teneriffe:                2016 –  $1,900,000          2015 – $1,470,000          Difference – $430,000 New Farm:              2016 – $1,675,000           2015 – $1,358,750           Difference – $316,250 Milton:                     2016 –  $951,000              2015 – $695,500             Difference...
Investment Property – the Real Wealth Creator

Investment Property – the Real Wealth Creator

Creating real wealth with investment property is not hard you just need to plan and have a strategy. Property over the long term usually does very well as you have seen for the Sydney market. The real wealth starts from the scarcity of a resource; in this case, it is land. Everyone wants to live in Sydney and there is only so much land. They are not making more of it so if you want to live close to the CBD then the price increases. However, there are other factors that affect the cost of the land which are external, for example what is the demand to live there, does it have views, is it close to amenities, etc. So how do you make a greater or faster uplift in the price of the property, forcing up the value of your investment? These are called my advanced strategies. So you can just build a standard house, which will do well over the long term, as long as you have researched the area, but doing some advance strategy investment can give you far greater returns. It is usually doing a duplex, or a dual occupancy property, maybe multi units or town houses on a site, splitting the land up or subdividing, adding a granny flat or doing a renovation, knock down and build. These strategies allow you to make much faster capital gains and rental returns on the property – giving you better cash on cash return i.e. the yield on the property if a rental. Or the capital growth giving you an excellent return on initial deposit you put...
Lifestyle Property Market Set For Double-Digit Growth

Lifestyle Property Market Set For Double-Digit Growth

Tim Lawless – research director  at CoreLogic says lifestyle property markets will very shortly experience substantial price growth. “Some of those iconic lifestyle markets that are close to capital cities like the Sunshine Coast, the Central Coast near Sydney, Surf Coast near Melbourne, and even the Margaret River in WA are all showing higher levels activity and that’s pushing prices higher,” Mr Lawless said While much of the value of these markets was wiped out by the 2008 Global Financial Crisis, property prices have started to recover in recent years. “We saw that growth prior to the GFC and then lifestyle spending pretty much evaporated in 2008 on the back of people selling their holiday homes for obvious reasons. From 2008 to 2012, iconic Bryon Bay saw dwelling values fall by about 15, nearly 20 per cent but they have well and truly recovered now, rising by about 10 per cent per annum,” Mr Lawless said. “You can see the same thing in Noosa or the Gold Coast, where the price growth isn’t quite as strong but we’re definitely seeing a recovery back to 2007 standards.” There are two major driving factors behind this growth. “We can see this sea change trend where buyers are coming out of Sydney and Melbourne with high levels of equity thanks to the wealth creation effect with property in those areas, and who are now looking to unload some of that wealth into holiday and retirement homes near coastal areas.” “With our ageing population, you’ve got to imagine there’s going to be a growing demand for these lifestyle markets as the Baby Boomers put their feet...
7 Industries the Sunshine Coast is Investing in for Jobs and Growth

7 Industries the Sunshine Coast is Investing in for Jobs and Growth

The Sunshine Coast Regional council will be investing in 7 high value industries that will provide at least 100,000 jobs within the new Sunshine Coast economy. These industries leverage off major capital investments and existing capability in the region and produce the goods and services that are predicted to be in high demand from a number of large international markets. The regional Economic Development Strategy 2013-2033 outlines how the Sunshine Coast Regional Council will aim to stimulate the local economy and create long term growth and jobs. Characteristics of High-Value Industries An established or existing capability in the region which provides a competitive foundation for significant investment growth Recognised high-level industry capabilities or specialist offerings in the marketplace Strong potential for growth emanating from ‘game changer’ projects Capacity to generate flow-on economic opportunities, eg. in the supply chain, for broader business, industry and community benefit on the Sunshine Coast Capacity to generate high-value employment – characterised as durable in fluctuating economic conditions and generally offering higher income levels Capacity to respond in a sustained manner to market demand from outside the region 7 High-Value Industries Food and Agribusiness Niche food and beverage product and value-adding production in a clean environment Aviation and Aerospace Aviation passenger services, helicopter engineering, advanced pilot training, aircraft engineering training, maintenance repair and overhaul and knowledge- based aviation technology Clean Technologies Innovative technologies, products, services and processes that avoid, reduce or remediate negative environmental impacts Education and Research Quality education and training products and services, research expertise, and expanded education and research facilities Health and Wellbeing Health, medical and specialist wellness services supported by clinicians, researchers...
Aussie Ladies Take Note

Aussie Ladies Take Note

According to consumer research nearly a 1/4 of our Aussie Ladies (22.4%) are passing the buck to their partner or other family members relating to financial issues. This is compared with just 6.6 per cent of men. Women are also more inclined to suffer from debt-related stress than men, with a 1/4 of women surveyed admitting that debt causes them daily stress, compared with 14% of men. RateCity.com.au spokesperson Laine Gordon remarked that more needs to be done to ensure that Australian women have the same opportunities as their male counterparts. “It’s troubling to learn that not only are women earning less, but many are feeling overwhelmed by money and consequently leaving the decisions about their finances up to their partners,” Ms Gordon commented. “We want Australian women and men to feel equally empowered to make good decisions about their finances and take control of their money. But more needs to be done to make that a reality,” she added.  Ms Gordon emphasised that the key is increasing women’s exposure to good financial information, as research shows that men spend more time per month informing themselves about credit cards, bank accounts and superannuation than women. “We also know from previous studies that women are more likely to contribute a smaller amount to their savings each month and on average have a smaller super balance than men,” Ms Gordon noted. “Today’s pay gap has serious implications for women, who typically live longer than men and are more likely to have time out of the paid workforce to care for children and elderly parents,” she said. “This can put some women behind when it...
What Going to America Has Taught Me

What Going to America Has Taught Me

As you probably all know (or anyone that follows me on Facebook or Instagram) I have been in America for the last two and half weeks. I took the kids to show them America and experience travel and what they can learn from it. While I was there I attended Loral Langemeier’s Ultimate Millionaire Summit (UMS) so I got to mix it with some of the brightest minds and get my learnings on. It was a 3 day event held in San Diego – a great city and if you have the opportunity to go – you must. There was also a kids UMS being held at the same time, so it was a great opportunity to pass on the education of the future entrepreneurs of the world. My children Luka 15 and Carlo 10, went over with a plan and to sell some goodies to their USA counterparts. They did and they were the most successful kids in the program, making a gross total of $640USD and net $380USD, after they paid back the wholesaler (Dad, Me). They had to set market prices and see which items sold, they had Tim Tams and Boomerangs and a few other odds and ends. They also had to do currency conversions as the items brought in Australia using AUD and sold in USD and what they need to pay back the wholesaler in USD. They also learned how to enter conversations, shake people’s hands, ask for the business, have fun and make some new friends. I also met some great new friends and some potential business partners in the states, there...
Is Transport Infrastructure Important When Investing?

Is Transport Infrastructure Important When Investing?

Have you heard what is going on in Queensland and the South East….. Brisbane, Gold Coast and Sunshine Coast? We are having a transport infrastructure boom!      There is the new second runway at Brisbane Airport being built which will bring millions of new passengers and $Billions into the economy – as well as the brand new airport at Toowoomba that has just been built to accommodate large international aircraft plus the planned expansion of the little Sunshine Coast Airport! The Gateway Motorway extension and widening to cope with the ever growing traffic trying to get either North or South of the Brisbane River along with the Bruce Highway upgrades to the Sunshine Coast as well as the expansion of many of the roads and interchanges in the Sunshine Coast region. The Gold Coast Light Rail project and its expansion meeting up with the heavy rail train and airports and the new Moreton Bay Rail Link that is due to open at the end of 2016. As I mentioned…. there is a BOOM happening!! So what does this mean for you the property investor? When ever we see the building of new airports or runways, train lines, roads, bridges or tunnels – that is a clear sign there is forecast for massive growth of that region. This creates; more jobs more trade faster transport corridors more development and many more benefits to the economy          All this means great returns for your investment property and a good solid portfolio that is going to continue producing for the long term. Do your research or talk to professionals and most of all take...
Why Invest in The Sunshine Coast?

Why Invest in The Sunshine Coast?

We are constantly asked where is the best region in Australia for property investors.  So we researched the nation to find the most promising locations and keep coming back to the same region………… The Sunshine Coast. The fundamentals you always look for when purchasing an investment property are – population growth, employment opportunities, infrastructure spending, affordability, access to services (hospitals, education facilities, shopping, transport) as well as vacancy rates. It’s also important to look at past growth trends and the current market to understand where an area sits on the “property clock”. When considering all of these fundamentals it’s very hard to go past The Sunshine Coast. It’s going through an unprecedented phase of infrastructure spending on game-changing projects that are still in their infancy. These massive projects will create a legacy of tens of thousands of permanent and many well paid professional jobs. Population growth The Sunshine Coast has been one of the fastest growing regions in Australia for decades. This looks like it will ramp up even further in coming years with the population set to grow in the next 20 years from 316,000 to 475,000!   Employment Opportunities The entire Sunshine Coast economy is in a stage of transition right now with an anticipated 100,000 jobs to be created over the next 20 years. The local council has commenced on a path to diversify the economy away from just tourism and construction (both of which are now booming) with massive spending on medial and education infrastructure. Infrastructure Spending The Sunshine Coast is currently experiencing unprecedented spending on infrastructure with the construction of the largest health hub in...
Brisbane – Australia’s next ‘World City’

Brisbane – Australia’s next ‘World City’

It’s Queensland’s metropolitan jewel and has hopes of soon stepping onto the international stage as Brisbane – Australia’s next ‘World City’ There are a number of development projects announced or underway in Brisbane that are projected to be up and running by 2022, each bringing its own unique quality to the city. Below are some featured projects that will help make Brisbane – Australia’s next ‘World City’ Queen’s Wharf Queen’s Wharf Brisbane is set to attract new visitors and investment as it reconnects the activity of Brisbane’s defining parts of the city like the Botanic Gardens, the Queen Street Mall, the Cultural Precinct, South Bank, the Parliamentary Precinct and the Brisbane River. It is being delivered by Star Entertainment Group , Far East Consortium (Australia) and Chow Tai Fook Enterprises in order to facilitate the planning and delivery of the Queen’s Wharf Brisbane Integrated Resort Development, and is expected to create more than 2000 construction jobs and 8000 ongoing employment opportunities when the Integrated Resort Development is operational in 2022. Queen’s Wharf will include: Five new hotels– including premium brands like the Ritz-Carlton Three residential towers A new department store About 50 food and beverage outlets A riverfront moonlight cinema A Queensland Hotel and Hospitality School in partnership with TAFE Queensland. The development is expected to deliver $1.69 billion annual increase in tourism and 1.39 million additional tourists per annum, along with $4 billion to the Gross State Product. Northshore Hamilton Owned by Economic Development Queensland (EDQ), Northshore Hamilton is Brisbane’s largest urban renewal precinct, spanning 304 hectares and will have an important role to play in helping the city position itself...
Page 1 of 3123