Developer Sanad Capital has met with Tourism Minister Kate Jones on its updated vision to develop Queensland’s largest Eco Leisure Resort “ACTVENTURE” in the Sunshine Coast.
The developer acquired the extensive 25-hectare site in 2016 for $3.7 million under a Sanad-linked company. The first stage of “ACTVENTURE” includes a $37 million accommodation project, located on the Sunshine Coast’s Steve Irwin Way, which is expected to be lodged in the coming weeks. The Dubai backed developer said it is also in discussions with key Australian operators for the roll-out of the resort.
Chief Executive Bradley Sutherland said Sunshine Coast visitor numbers had increased, with international visitors rising three per cent for the year ending June 2018. “With the new road upgrades, new infrastructure works and the game-changing international Airport coming on board in lest than 24 months, we decided to implement much-needed accommodation offerings,” Sutherland said.
An artist’s impression of ACTVENTURE, the $450 million theme park planned for 2652 Steve Irwin Way.
Last month the tourism minister said tourism was driving Queensland’s economy, worth $25 billion, and supporting one in every 10 jobs.
Local investment in the Sunshine Coast region includes Maroochydore’s new city centre development, along with Sunshine Coast Council facilitating the new international submarine cable planned by 2020.
Shakespeare Property Group recently made an $88.5 million investment in the Novotel Twin Waters.
The Sunshine Coast Airport upgrade is underway, with international flights expected to take off from Christmas 2020.
Sanad Capital’s “ACTVENTURE” is currently being designed AND is pegged to include a mix of 250 eco villas and glamping tents, all day family restaurant, a Waterpark, Wave Oz, swimming pools, slides, and sports activities.
The Sunshine Coast is blazing full speed ahead with developments and infrastructure – creating thousands of jobs and it does not seem to be slowing down. As an investor you will recognise that all these jobs are bringing more and more workers to the coast and they all need somewhere to live! Investing in the Sunshine Coast is where it’s at. We have so many dual occupancy / duplex properties available that will undoubtedly be cash flow positive PLUS the equity uplift and capital growth you can expect is also positive!
Give us a call at Blue Wave Property Strategies and we can have a chat about the best investment strategy for you.
It doesn’t take an expensive present under the tree to say “I love you.” Instead of spending your life savings on extravagant gifts this year – get smart about your Christmas shopping.
Here are 10 tips on how to Christmas shop without blowing your savings.
1. Set a budget – and stick to it. Ask yourself: How much can I afford to spend this year? Failing to set realistic spending limits can lead to unrestrained shopping sprees – and debt.
2. Prioritise your gift list. There will always be people in life who deserve our generosity. But not everyone should be considered equally, and that’s OK. Immediate family will probably come first, followed by close friends, relatives and colleagues. Make a list of potential gifts for everyone and keep track of prices.
3. Avoid impulse buys. It’s easy to get swept up in the holiday spirit when everything in the shops screams Christmas cheer and so many items are discounted. But don’t be fooled into buying things you don’t need. Don’t stray from the list!
4. Give the gift of charity. Consider donating to a charity in someone else’s name. It’s a great way to do something selfless this holiday season while avoiding all the temptations that come with going to the shopping centres.
5. Internet shopping. If you have a specific gift in mind, in most cases it can be purchased online for much cheaper than in stores. Just make sure you leave enough time for delivery.
6. Eliminate unnecessary expenses. Does every gift really need a bow or expensive wrapping? Do gift bags have to have bells on them? Ditch the embellishments and streamline your gift wrapping.
7. Christmas is not the time to go above and beyond. When shopping for kids, keep in mind that they, unlike many adults, don’t look at price tags when considering something’s worth.
8. Make your own Christmas gifts. Going homemade can be a great way to add a personal touch to your holiday shopping list. Put those years in art school to use. Or, maybe you’ve always wanted to pick up quilting, candle-making or even baking – the holidays are a great time to pursue new ventures!
9. Kill two – or three or four or five – birds with one stone. Get one big present for the whole family instead of small presents for each member.
10. Plan for next year by taking advantage of post-holiday sales. The weeks after Christmas are the best time to stock up on things like wrapping paper, tableware and decorations, as many retailers trying sell off their holiday stocks will offer big discounts on Christmas gear.
So that’s our tips on not blowing your savings this Christmas – we hope you have a wonderful festive season! Merry Christmas every one!
FBR says it has achieved a world-first with the fully automated construction of a 3 bedroom, 2 bathroom house.
Perth-based FBR, formerly known as Fastbrick Robotics, successfully constructed a 180sq m, three-bedroom, two-bathroom house with nothing but a robot. The ASX-listed company described the feat as a “world first achievement” and the most “significant technical milestone completed to date” in the Hadrian X programme. “What we have achieved here is a quantum leap for the construction industry,” FBR chief executive Mike Pivac said. “We now have the world’s only fully automated, end-to-end bricklaying solution, with a massive market waiting for it.”
Technological advancements and the globe’s growing population combined with a shortage of bricklayers led to the development of FBR’s bricklaying robot, the Hadrian X. The robot can lay 1000 standard brick equivalents per hour compared to the 400 bricks per day a typical bricklayer can lay. Hadrian X, which won the Excellence in Construction Innovation award at this year’s Urbanity, is a construction robot mounted to a classic cab over engine truck to easily transport it to and from a location for on-site building.
The one-armed robot
The robot can also be mounted on other bases such as tracks, barges, boats, and cranes to build in a range of environments. “Humans have been laying bricks, in the same way, the past 6000 years. Until now.” FBR’s Mike Pivac and Mark Pivac.
The robotics company’s share price skyrocketed on the news this week, rising 21 per cent. Chairman Richard Grellman said 6.6 million shares will now be issued in accordance with the company’s performance rights plan. Grellman said performance shares would be awarded to both staff members and the founders of the company “in recognition of all their hard work bringing the Hadrian X to life”.
FBR will now enter its next phase, explained Pivac. “As we execute our global commercialisation strategy to capitalise on the significant demand for our technology. We are excited by the performance and results, given this work was completed in test speed and for the very first time. “This points to the massive potential for the technology and FBR’s ability to shape the way the construction industry operates in the future.”
Click on the above image to watch the robot creating a full 3 bedroom, 2 bathroom home.
Queensland is the most popular state for interstate migration, overtaking Victoria for the top spot.
Making the journey north isn’t just for migratory birds and humpback whales anymore — it’s becoming the norm for Sydneysiders too. More interstate migrants have started calling Queensland home over the last seven quarters then since the end of the Global Financial Crisis (GFC), and there’s no doubting why. The inflated property market in many Australian states, Sydney more significantly than any other, has led to a dramatic increase in the number of Australians who’ve made the move to the Sunshine State.
The latest Australian Bureau of Statistics data released in December 2017 highlights a dramatic transitional period, with Queensland, Victoria, Tasmania and the ACT all recording net interstate migration booms, Queensland with the highest migration gain. Net losses were experienced in Western Australia, South Australia, the Northern Territory and most dramatically, New South Wales. Of all interstate migration, 27.5% of people relocated to Queensland, a total of 30,687 people.
The figures reveal Queensland and New South Wales have the largest exchange of people with 52,000 people making the move north and 36,900 south. These numbers have seen Queensland overtake Victoria for the first time since 2014. During the previous four years, Queensland came second to Victoria in terms of net interstate movement, so these states have swapped.
Affordable housing, year-round great weather, plenty of new investment opportunities, growth in the job market, and exciting new infrastructural developments throughout the state make Queensland the no-brainer choice for Sydney locals who can no longer justify the inflated cost of living. With an increase in demand comes a natural increase in the competitive nature of the market. Interstate migration levels are now steadily and consistently approaching pre-GFC levels, and all these new Queenslanders need somewhere to live. While many will end up renting, these statistics still indicate great things to come for the property sector in the Sunshine State. More demand means that prices are only going to go one way.
While this migration increase will be dispersed throughout the entirety of the state, Brisbane, the Gold Coast and the Sunshine Coast are expected to notice a significant boom. The latest Deloitte Access Economics report, Business Outlook, highlights expected growth not just in the property sector, but a job and infrastructure boom may be contributing to the interstate migration rates, with more to come in the future.
It seems, just like those whales frolicking off the Fraser Coast, Queenslanders really do have something to get excited over.
If you are looking to relocate or invest in Queensland – we have a wide variety of property options and locations, check out our HOT PROPERTY page or give us a call to see how we can help you! Call Blue Wave today on 07 5446 8773
It’s easy to get carried away with the fun part of buying a property – looking at houses, imagining where your stuff is going to go, what parts of the house you are going to renovate – but delaying the less compelling task of arranging finance and getting pre-approval will weaken your negotiating position on both the property and the loan.
Looking for a property to purchase is an exciting time. Choices regarding location, size, features, number of rooms and local amenities often see house hunters carried away in a deluge of daydreams and anticipation.
But, before you get carried away, it’s important to check off the essentials first. Although organising your finances may seem drab in comparison to perusing sales listings – gaining pre-approval with a lender will give you confidence about how much you can afford to borrow.
First and foremost you need to determine if you’re eligible to borrow money from a lender. Your ability to repay the loan will need to be assessed – you don’t what to find out after you’ve made an offer that your credit history or deposit is not up to scratch.
Arranging finance before finding the perfect property will put you in a good position when it comes time to make an offer. When you do find the house you want to make an offer on, you can present to the seller and estate agent as a prepared applicant who is serious and reliable. It shows you mean business, and gives the seller peace of mind that your financing will not fall through.
Sellers are most interested in completing their sale fuss-free and with steadfast funding, and showing that you are capable of both will help put you at the top of a potentially competitive list of applicants.
In the instance that you find and secure a purchase of a home without having your loan pre-approved by a lender, there are a few pitfalls that you risk running into. If you don’t have financing to pay for your property, you run the risk of forfeiting your initial 10 per cent non-refundable deposit you need to put down to secure the property. This may differ depending on what state you live in, but the point is it always pays to be organised and have pre-approval in place.
Saving home loan applications to the last minute also leaves less time to find the most suitable loan and have it approved ahead of settlement. Arranging financing as an afterthought also adds immense pressure to the process of shopping around for the right loan and gathering the paperwork to prove you can service the loan, you really don’t want to rush this process!
So get onto it!
Have a chat with Chris now re your finance pre-approval on 0434 449 455. See what is available and get yourself in a favourable position come purchase time!
During our Advanced Property Investment Blueprint evening a few of you mentioned that having bad tenants was one of your number one fears about investing in property. The key to not having to deal with bad tenants is selecting the right property manager and below we share some tips on making sure you select the correct property manager.
Spending over 4 years as a senior property manager I know how important it it to select the right property manager. Don’t be sucked in by discounted rates and give always – do your research! Compare a range of property managers across a number of fields. Here are some key questions to ask your potential property manager.
First and foremost – get an appraisal
Find out how much they think your property will rent for. Once received ask them how they came to this figure. They should have comparable properties in the rent roll or have carried out a local market comparison, make sure they have an understanding of the current market. Also do your own research – make sure they are not trying to ‘buy your listing’ by giving you a higher appraisal so you will sign with them then only have to lower the rent once your property has been sitting un-rented for weeks!
How many properties are in your rent roll and how many staff members manage them?
There are many answers to “how many properties can a property manager manage?” and they vary depending on a number of variables. The property managers experience, age of the properties and style of the properties (it’s a whole lot easier to manage a block of 6 apartments than 6 – 4 bedroom homes). But basically no single manager should be looking after more than 120 properties. The less properties to property manager the better.
How many of your tenants are in arrears and what is your policy / strategy for combating this?
Every property manager should know their rent roll’s arrears percentage. It should be reported on and discussed at weekly meetings. There should be a strict policy in place that once your tenant is in arrears it is acted on immediately. This can be via text or phone call but there must be an arrears strategy in place. Arrears should never be over 2.5%
How many routine inspections are carried out per year and how are they reported to me?
With the amount of technology around these days there is no reason why you should not be receiving photos of your property along with a routine inspection report. This should be done a minimum of 3 times per year with an option of a 4th if you would like to attend the property at a time that suits you. Any less than 3 or they will not send photos is just not good enough!
How do you screen your potential tenants?
Find out what questions they ask their potential tenants. What research do they do? Make sure they have access to TIKA (the Australia wide ‘bad tenant’ database) and that they do past rental reference checks. Remember that you have every right to know what they find out about them and make the final decision on whether they move in or not.
What sets you apart from the other property managers in your area. Why should I pick you?
Make them sell themselves – prove to you why they should get your business. They may have a system or function that you think is ideal for you. Some companies have a completely transparent online portal where you can see everything that is going on with your property (ie work orders for repairs or rent payments). That might be too much for some of you and would like to just get your rent money paid once a month and have the property manager deal with everything else. Make sure that their style or management works for you.
What are your fees?
Possibly the most crucial question for most of us. But don’t let this be a deciding factor. The difference in fees is generally 2% at the most and that is not a great deal in the grand scheme of things. This 2% difference can be easily lost if your property sits vacant because they do not have a good marketing strategy. Check ALL costs. They may have a low management fee but then charge you for a whole bunch of extras. Ask for every charge and compare to the other agencies you are reviewing. Each state / city / rural area is different. What might be a completely standard fee in one area may never be charged in another.
Ask for a discount
Don’t be scared to ask for a discount either. If you have found a company that you really like and they are a fair bit higher than the others on the management costs – mention it. Ask them if there is any area ie monthly stationary costs that they could waive to make you come over the line, most will have some wiggle room somewhere!
What style of management do they have?
Portfolio or task based. Will you deal with just the one manager for everything to do with your property or will each area (ie. arrears, maintenance, inspections) be handled by a different person. Is this important to you? Remember that the person you deal with initially will probably be the business development manager and not your actual property manager so do not choose a company based on the fact that you like their BDM as you will probably not hear from them again once you have signed up.
Overall choose the company that best suits your style as a property investor. Do your research, get a good deal and sign up with a company that is going to work for you. And if worst comes to worst and the company you signed up with turns out not to be for you – you can always change companies at any stage.
Just remember – the final decision is always yours, your property, you decide on who resides there. If you need any advice or to use any of our wonderful property managers please email us for more information at firstname.lastname@example.org
Experts are hailing Queensland’s Sunshine Coast as the hottest place in the nation to invest in property right now and here’s why:
A lack of housing, a tight rental market and a rapidly growing population mean supply is failing to keep up with demand in the region — creating perfect conditions for investors.
Sunshine Coast Canal Living
Leading real estate industry figure John McGrath said the Sunshine Coast presented one of the best opportunities for capital growth because of its liveability, affordability and future economic prospects.
“From an investment point of view, where in Australia right now can you invest your dollar and get better returns than the Sunshine Coast or southeast Queensland?” Mr McGrath said. “ I don’t think there is a location that’s going to offer better investment growth in the future.”
His views are echoed by prestige property agent Tom Offermann, who claims the Sunshine Coast “is on the cusp of the highest growth period in its history”. “This is being driven by a raft of infrastructure projects that are delivering exceptional lifestyles, which in the past required some compromises for people coming from big cities,” Mr Offermann said.
The region is in the midst of an infrastructure boom, with billions of dollars being invested in upgrading and creating new facilities. Work is underway on a new runway at the local airport, which is set to become international by 2020, and a new hospital and health precinct has recently been established.
An artist’s impression of the Sunshine Coast Airport Expansion project.
“These are game changers,” Mr Offermann said. “Astute property investors who recognise what is happening, and take action to secure the best located property they can afford, will reap the rewards of their foresight.”
Local agents say the region is crying out for more investment properties to cater to the needs of the increasing population. The Sunshine Coast’s population of around 298,000 residents is set to rise to 550,000 in 23 years, which will require more than 100,000 new homes to be built.
The latest Real Estate Institute of Queensland figures show the rental vacancy rate on the Sunshine Coast is just 1 per cent, with Caloundra having the tightest vacancy rate in the state at just 0.5 per cent.
New “Aura” City of Colour in Caloundra
It’s good news for investors, who are currently achieving healthy rental returns of around 5 per cent.
In its recent report, Herron Todd White noted an increase in investor activity in the Sunshine Coast market, with the sub $350,000 unit and townhouse sector particularly popular. “It’s not uncommon to see townhouses selling for $220,000 attracting a rental of $280 per week — over 6.5 per cent gross return,” the report said.
For investors looking to capitalise on the growth in the region, McGrath said now was the time to get into the market.“I think there is a great opportunity, in particular right now, because we’ve seen Sydney and Melbourne have shown unprecedented growth over the last five or six years,” he said.
“Now those markets have come to a plateau and a lot of people are going to be saying; ‘Do we take our profits and reinvest them, or, in fact, do we move up north and get better value for money? So, I think right now there’s a terrific window of opportunity where people can capitalise on the immense growth we’ve seen in the southern states.”
Reed & Co director Adrian Reed said the increased international access the new airport would provide would likely change the profile of buyers in the Noosa region. “We’re currently seeing an increase in Australian expats buying back into the market, but if accessibility becomes easier, we’re expecting a more aggressive upward trend in high-end premium property,” Mr Reed said.
Main Beach at Noosa is a popular attraction with both locals and tourists.
He said that lending restrictions and the impact of the banking royal commission had had little impact on the region’s prestige market.
“The vast majority of deals I’m doing at the top end of the market are cash,” he said. “They’re self funded retirees who’ve already sold their principal place of residence.”
Jamie Smith of Century 21 On Duporth in Maroochydore said he’d never seen so much activity in the Sunshine Coast property market, with strong interest from both local and interstate investors. Mr Smith said many investors were looking to buy in the less expensive suburbs, where new housing developments were popping up, such as Caloundra, Sippy Downs, Birtinya and Mountain Creek. “It’s definitely unprecedented in terms of what we’re seeing on the Coast,” he said.
The Sunshine Coast University Hospital’s emergency department. Picture: Jono Searle.
But Mr Smith said investors who were not already in the market needed to act fast. “If you were here three years ago, you could have bought between $400,000 and $500,000,” he said. “Now you’re looking at anywhere from $600,000 plus, so it’s definitely changed a little bit.”
Here at Blue Wave Property Strategies we have a property for every situation. Whether its a sub $400,000 house and land package, an advanced property duplex deal, a self managed super fund option or an owner occupied property. Check out our HOT PROPERTY PAGE for our current Sunshine Coast stock, call Chris directly on 0434 449 455 or drop us an enquiry via the form below. Listen to the experts, the time to buy is NOW!
We have been banging on about The Sunshine Coast for years as being Australia’s best property market for investors. And it has performed very strongly for our clients that have built here. But there is still plenty of growth to come, and last week a project was announced that will be the biggest game-changer for the region.
It is not The Sunshine Coast University Hospital that is the largest health care precinct in The Southern Hemisphere that opened last year. It is not The Sunshine Coast airport expansion into an International Airport. It is not Australia’s only greenfield state-of-the-art CBD under construction in Maroochydore. It is not the Bruce Highway expansion to 6 lanes from Brisbane. It is not the rail duplication or the light rail running from Maroochydore to Beerwah, no it’s something that wasn’t even on our radar!
While these are all massive projects creating tens of thousands of new jobs, the game-changer announced last week is the agreement signed to install a new submarine broadband cable from Asia to directly to The Sunshine Coast. Within two years, the Coast will be connected to an international submarine broadband cable, providing direct connectivity to the world.
A contract to bring the 550km undersea fibre optic cable to the Sunshine Coast has just been signed between RTI Connectivity Pty Ltd, partners in a consortium building the Japan-Guam-Australia cable, and Sunshine Coast Regional Council.
This is a significant achievement and we strongly believe the undersea cable will result in the greatest advancement for the Sunshine Coast economy that we’ve ever seen. The demand for data and connectivity is increasing, and now, the Sunshine Coast will be home to the fastest, international broadband connection point to Asia.
This makes the region very attractive as an investment location, especially for the banking and finance sectors, big tech companies like Amazon and other industries reliant on online transactions and there are huge benefits for remote medical diagnostics. In short, access to super-fast, international connectivity, will attract some of the world’s biggest data users to our region.
The $35 million undersea cable connection is being jointly funded by SC Council and the Queensland Government. Estimations for new investment in the Sunshine Coast economy as a result of the undersea cable are for an additional $927 million.
Currently, Australia is connected to the world by five submarine cables (four are located in Sydney and one is in Perth). These cables carry 99% of Australia’s total internet traffic. The Sunshine Coast will become cable number six, with a landing station at Maroochydore. This is because it’s geographically closer to Asia. From Maroochydore to Guam, the cable connects to a Trans-Pacific cable connecting South-East Asia and the United States.
In effect, the Sunshine Coast route will deliver traffic faster than the Sydney route. So how fast is fast?
Australia’s current average internet speed is ranked 50th in the world (at 11.1 megabits / second). We lag well behind the USA (25.86 megabits / second) and this is woeful compared to the 60.39 megabits / second achieved in Singapore. Undersea cables can transmit 20 terabits per second, which is around 1.8 million times faster than our current internet speeds. Businesses need the fastest communications path between two locations and the ability to store data. The new cable from the Sunshine Coast will enable this to happen. So the entire Sunshine Coast will benefit, but the real winner will be the new Maroochydore CBD, SunCentral.
We have so many fantastic investment opportunities here on the Sunshine Coast, duplexes, dual occupancies as well and house and land and self managed super fund properties. This is the time to get into the market, the Sunshine Coast is set to explode over the coming years. Get in now, contact us here at Blue Wave Properties and let us help you ride the wave to wealth!
There has been a bit of hype surrounding the Greater Springfield area and what is going on over there – and with good reason!! When complete, the investment in Greater Springfield is calculated to be worth more than $85 billion. More than $11.7 billion has been invested so far and more than $600 million approximate growth expenditure as at 2015.
Other than Canberra it is the only fully master planned city to be built in Australia and is founded around the pillars of education, health and technology. With already 32,000 residents it is Australia’s fastest emerging new city with the vision of a being a substantial regional city and services hub by 2030.
Greater Springfield offers a selection of residential addresses to suit a variety of tastes, budget and lifestyle. From first home buyer residences through to golf-frontage executive homes on Queensland’s No.1 golf course, Springfield Central encompasses six surburbs of, Springfield Lakes, Brookwater , Springfield, Augustine Heights and Spring Mountain, each address has easy access to schools, childcare, shopping, parks and sporting fields.
In the heart of the Springfield CBD is Robelle Domain – Springfield Central Parklands. A $30 million, 24ha central parkland with many facilities including cafes, free wifi and water play area
A healthy and vibrant lifestyle is the mantra of Greater Springfield. Investment has been made into the development of open spaces, parks and bikeways, sustainable developments, as well as the development of healthy community initiatives and various other forms of activities.
Health City Springfield Central is the designated central core of health and wellness in Greater Springfield. It is a 52 hectare integrated health precinct which aims to deliver a health and wellness experience for the community through the provision of quality healthcare, medical education and research.
Greater Springfield aims to enhance and enrich the entire region through world class education facilities and leading technology. With more than 14,000 students already in Greater Springfield, there are many opportunities for life-long learning.
Technology is one of the key pillars of Greater Springfield – and one of the few cities in the world to have its own Digital City Master Plan. The Digital Master Plan for Greater Springfield provides a guide for the city in terms of adaption, creation and adoption of digital technologies and processes. It will lead to a more efficient community, overall management of the city, its resources and everyday activities.
Springfield Central Station and Springfield Station have now been operational since December 2013, with public transport usage exceeding early forecasts by the State Transport authority. The train service allows commuters to travel to the Brisbane Central Station in less than 41 minutes and onto the Gold Coast, Brisbane domestic and international airports.
Springfield Central Station is connected via road and pedestrian walkways to Orion Springfield Central, Robelle Domain Parklands and Orion Lagoon, Education City, Health City and Park Avenue Apartments (currently under construction).
With all of these great facilities listed above plus 30 per cent of Greater Springfield dedicated to absolute green space it’s easy to see why the community will actually live, work, rest and play all in the one brilliantly designed master planned city.
We have many cash flow positive properties available in and around Springfield, if you are looking to live or invest in this bustling new city then contact us today on 07 5443 8773, we have a property for every scenario!
Brisbane has proven to be the most affordable and liveable capital city, according to new research.
Each state and city has been analysed to find the most affordable suburbs. To measure the affordability the factors considered where location (within a 20km radius from the CBD), price growth, rental yields and project development.
Suburbs also ticked important liveability boxes, being within 5km of amenities like schools, parks, shops and health care facilities, low crime rate, and a lower than average unemployment rate.
Brisbane had the lowest entry price and highest rental yield compared to Sydney which had the highest entry price yet the lowest rental yield.
Brisbane’s Algester was the standout suburb for both houses and units with the lowest entry price and highest rental yield as well as proximity to supermarkets, parkland, public schools, a medical centre and the motorway.
Sydney’s median house prices experienced a gentle growth of 0.8 per cent, while units softened by -2.4 per cent from 2016 to the first quarter 2018.
In Milperra, south-west of Sydney’s CBD, homeowners benefit from nearby shopping centres, schools, golf courses, the Western Sydney University and public transport.
Sydney’s unit market is benefiting from increased unit supply with suburbs such as Dee Why becoming highly active, recording 630 sales over the last 15 months and a solid price growth of 10.3 per cent.
In Melbourne, the median house price experienced a 1.3 per cent growth and median unit prices grew by 7.9 per cent from 2016 to the first quarter 2018.
Northwestern suburbs Westmeadows, Tullamarine and Gladstone Park were standouts as the city’s most liveable affordable areas for houses.
Westmeadows, Pascoe Vale, and St Kilda East lead in unit affordability and liveability, with low vacancy rates, proximity to transport arterials and public transport access the primary drivers.
“It is no longer realistic to simply report on affordable suburbs, but to include those that have high ‘liveable’ factors,” the report stated. “Liveability is gaining traction among home buyers and does attract a cost. This latest release provides insights into the cost of liveability and how much home buyers need to be prepared to pay to have this requirement met in their purchase.”
We currently hold stock in many areas of Australia and with Brisbane being Australia’s most liveable city our Brisbane, Gold and Sunshine Coast stock are definitely the pick of the bunch. Most of our properties have great predicted rental yields and are close to all the beauty that the West Coast has to offer. To view our current stock check them out HERE. Any questions feel free to contact us at the office at any time!
Australia is the world’s safest country for woman, according to analysis by consultancy New World Wealth in its 2018 Global Wealth Migration Review.
“Woman safety is one of the best ways to gauge a country’s long term wealth growth potential, with a correlation of 92% between historic wealth growth and woman safety levels,” the report says. “This means that wealth growth is boosted by strong levels of woman safety in a country.”
Australia is among the best performing wealth markets in the world. Over ten years, wealth in Australia has grown by 83%.
The 10 safest countries for women in 2017 were:
4. New Zealand
10. South Korea
The rankings are based on the percentage of each country’s female population that has been a victim of a serious crimes over the past year.
“Most of the countries in our top 10 are also popular destinations for migrating HNWIs (high net worth individuals),” says the report. “Also, most of them have experienced strong wealth growth over the past 10-20 years.”
“We expect emerging markets with good woman safety levels to be some of the world’s top performers in terms of wealth growth over the next 10 years,” says the report. “For instance, countries such as Mauritius and Sri Lanka (which have good levels of woman safety) are both expected to perform very well (in terms of wealth growth) going forward.”
The least safe countries in the world for woman in 2017 include Somalia, Sudan, Iraq and Syria.
I think this is an absolutely outstanding achievement for Australia – being a woman who migrated to Australia over ten years ago now, I couldn’t agree more. I have always felt safe in my home town of the Sunshine Coast and am forever grateful to this great country for providing me with a safe and beautiful place to call home. Thanks Australia Love Bianca x
A 52-hectare “health city” is planned for the ever expanding Springfield, pegged to have a total end value of $6 billion if the development plan is fully realised.
The site, already home to the Mater Hospital and Aveo seniors’ accommodation, will be fully integrated with the masterplan encompassing education and research facilities, a 2500 apartment aged care facility, business facilities along with residential and retail offerings across the 52- hectare site.
A key feature of the project includes a Living Lab, which the urban planners say will act as a testbed for new technology related to smart living and healthcare.
Springfield founder and property mogul Maha Sinnathamby purchased the 7000 acre parcel of land no developer wanted to touch in 1992. Three decades later, Greater Springfield has transitioned from a completely undeveloped site to a residential population of 36,000 with estimates 150,000 will call Springfield home come 2035.
“Our approach promotes ease of movement, with a car-lite campus designed to create an open, walkable development, to subtly reinforce a health conscious environment.” Broadway Malyan Board Director Ed Baker.
Broadway Malyan director Ed Baker says the health city masterplan will see the creation of a community that functions beyond the working day.
“We have used the concept of healthy living as our guiding design principle, focusing on a development that will support and encourage the wellbeing of the people who will live, work and visit Health City.”
Springfield’s Health City marks Broadway Malyan’s first appointment in Australia, after securing the project through an international competition working alongside local partner Conrad Gargett.
South Ripley’s $1.2 billion master planned community ‘Providence.’ Located on Brisbane’s fringes, at 33-kilometres from the CBD, Greater Springfield sits among one of Australia’s fastest urban-growth corridors.
To date, more than $15 billion has been invested by public and private stakeholders into the masterplanned city, with estimates the area will be worth more than $85 billion upon completion.
Nearby development includes South Ripley’s $1.2 billion master planned community, which last month celebrated the opening of the $40 million first stage of its Ripley Town Centre, by developer Sekisui.
The state government has spent $1.5 billion on major infrastructure items in the western corridor since 2005, with an additional $500 million recently announced to further support the corridor’s growth objectives.
If you are looking to live or invest in Springfield we have a selection of different properties at our disposal – contact Chris now on 0434 449 455 to discuss your Springfield options.
Urban Developer – Sinnathamby’s 52-Hectare ‘Health City’ Vision For Springfield