Thursday 30 June 2022

4 Helpful Tips If You’re Moving Homes in Western Australia

There’s very little in life that’s as stressful as moving house is. Not only do you have to deal with moving furniture yourself, but you also have to keep track of everything and make sure that nothing gets lost. If you live in Western Australia, then moving house can be especially difficult, because the hot weather makes moving very difficult and cause fatigue. Moving can also be very expensive.

This post will break down and explain a few very helpful tips for moving houses in Western Australia so that your move is as stress-free as possible:

Hiring Removal Specialists

If you are moving house, then one of the best things that you can do to ease the burden is to hire removal specialists. Hiring specialist Inner West removalists will make your move a lot less stressful because they will do all of the heavy lifting and transport your home’s furniture for you. Hiring a removal specialist means that you don’t need to hire a van and that you don’t have to worry about moving everything alone. The one thing that deters a lot of people from hiring professional movers is the cost, but removal men actually charge very little when compared to the cost of leasing a van and filling it up with fuel. 

4 helpful tips for moving houses in Western Australia

Leasing a Van

If you intend on moving yourself, then you will need to hire a van (unless you already own one). There’s no way that you will be able to transport your home’s furniture without one. Leasing a van sometimes costs more than it does to hire a team of removal specialists, which is something to bear in mind. If you are going to lease a van, then make sure that whoever’s driving it is confident and has previous experience navigating a van through Western Australia’s busy streets.

Strategic Timing

The temperature can get very warm in Western Australia, as you probably already know. If you are going to be moving, then you need to time your move strategically, so that it coincides with cold weather. There’s nothing more unbearable than having to move house in extremely hot weather. If you are going to be hiring a team of removal men, then the weather isn’t something that you need to think about. You can hire them and let them get on with it. More often than not they will arrive early, so they can avoid working in the afternoon sun.

Careful Packaging

Whether you’re moving alone or will be hiring a team of removal specialists, you need to make sure that you carefully package all of your belongings. A lot of people make the mistake of loosely packing things, which nearly always results in breakage. In addition to carefully packaging things, it is also very important that you label each box so that you know where everything goes. Failing to label boxes can result in things being lost and boxes ending up in the wrong place, like books in the bathroom.

If you are moving house, then you need to follow this post’s guidance and give the method of moving, the weather, packaging, and transportation consideration. A failure to consider these points individually could result in your move going awry.

 



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Wednesday 29 June 2022

Thinking About Buying a Home in Victoria? 6 Considerations to Think About

Have you been planning on buying a home in Victoria? If so, you must consider a few things before going forward with your plans. Otherwise, you might run into a few problems that can cause issues along the way.

First, figure out your finances and make sure they are in order. You’ll need to have a good credit score in order to get the bank to provide you a loan on your future home. Determine the condition of the property that you’re buying. Otherwise, you might get stuck with a property requiring major repairs and underlying costs.

6 Things to Consider Before Buying a Home in Victoria

# 1 Budget and Finance

Determine how much money you can procure from the bank. This sum has a significant impact on the cost of purchasing a home in Victoria. Numerous elements determine the sum of money you can obtain. It’s best to consult with an accountant or financial counselor at this time. They can assist you in determining your annual living costs.

It’s a great idea to register for a credit check before contacting your bank is a great idea. Make a point of paying off any outstanding bills. If you have poor credit, it’s a warning that you’re not suitable for a residential or commercial asset yet. You can easily work with Auxilium Mortgage in Victoria BC in this regard to find out what you qualify for.

Try not to push yourself past your financial limits. Keep in mind that there are additional charges to consider in addition to the security and current mortgage repayments. Stamp duty, land transfer fees, settlement fees, maintenance costs such as council rates, water rates, insurance, utility charges, and owners’ corporation fees should all be considered.

If you already have numerous credit cards or debts to pay off, strive to keep them as low as reasonably achievable. Lowering the debt capacity on your cards could also help you acquire a larger loan. If you’re having trouble making your credit card payments, contact your financing company and try renegotiating your payment plan’s conditions.

# 2 Size of the Property 

The lot is often overlooked when it relates to homeownership but should be at the forefront of purchasers’ minds. It is also the one aspect of a property that can’t be changed. Consider this: You could demolish a house and rebuild it from the ground up, yet the lot would remain the same regardless of the alterations you make.

Verify if the number of bedrooms and bathrooms, the size of each room, and the available parking places all fit your requirements. If you have a large family, you will undoubtedly require more bedrooms. If you have or plan to have dogs or children, you should seek a home with a large backyard.

However, no matter how appealing it may be to purchase a larger area, a larger home usually means extra space to manage and sanitize. The larger property also means more maintenance costs and issues that could go wrong.

# 3 Condition of the Property

When evaluating a house, one of the necessities is that the structure is in excellent condition and that all utilities work correctly. Before purchasing a new or used property, you can have a building inspector assess it for any flaws or non-compliant work.

Keep in mind that what you see is what you get. The developer is not bound to repair any faults that existed during the sale that you did not see during the assessment. When purchasing an older home, you should budget for anticipated repair and upkeep costs.

# 4 Potential for Future Projects

Even your dream home will require you to personalize to some extent, as it should. Suppose you’ve really spent a lifetime fantasizing about a chef-style pantry, a poolside sanctuary, or a deluxe cinema room. In that case, it’s doubtful that those amenities will be perfect to your liking the minute you ink the papers.

Keep a keen eye on how much customizing is needed for each property you come across. 

# 5 Location and Neighborhood

Find a home in a community where you would like to live. Do some preliminary study on the surrounding area – possibly try driving and spend a little time there if you are unfamiliar with the area. 

Keep in mind that your property does not exist in a vacuum. It is a part of a broader community in which you will live regularly. A good property in a good location can lead to a peaceful living experience for you and your family. Remember, you must discover a community that meets your requirements before purchasing.

Are you interested in being able to stroll to a coffee shop every morning, or do you want to avoid the possibility of rowdy residents? Whatever your heart desires, don’t be afraid to do your homework before beginning your hunt. If you do it well enough you might also find a suburb with cheap property.

# 6 Proximity to Work and Schools

Examine the connections from your home to your employment and surrounding schools. Take note of any mass transit stops nearby, as this can offer value in the long run. Instead of just glancing at a map, why not walk the roads personally and see what they’re like, how crowded they are, and how long it will take? This will give you an idea of your new daily routine in your new home.

Final Words

We’ve covered everything we had to say regarding buying a home in Victoria and things you need to consider before doing so. The information we covered has been done so that it’s relevant to people buying their homes in Victoria and doesn’t seem like vague advice. 

We end this article by wishing you good luck in purchasing your home in the beautiful state of Victoria. 



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Tuesday 28 June 2022

Habitat Development Group commences construction at second Maroochydore CBD apartment project

Habitat Development Group has turned the first sod on their $129 million mixed-use project, The Corso, the group’s second within the new Maroochydore CBD.

Habitat Development Group Director, Cleighton Clark said The Corso was expected to follow on from the success of the group’s first Maroochydore CBD project, Market Lane Residences, which will soon see the first residents moving into their new apartments.

“Market Lane Residences has been an overwhelming success. It’s sold out and its popularity flowed through to The Corso with strong enquiry and a current sales rate that sits at around 65% already,” he said.

Designed by Sunshine Coast-based K Architecture, tower one comprises 116 apartments including five penthouses, while tower two will home 42 apartments and 715 sqm of ground level retail.

Residents on the northern side will benefit from views toward the Maroochy River and Picnic Point and north-east to the Ocean, while residents on the southern side will overlook the Sunshine Coast Parade, the Corso, as well as the future waterways.

The project features a large resort pool on the ground floor, as well as a 600 sqm communal terrace on the fourth level which connects the two towers. There is also a 130 sqm dining room adjoining the terrace for the exclusive use of residents.

Clark said around 380 people would be employed on the project and that Habitat would look to source as many trades and materials as possible locally.

“We have a commitment to supporting local trades in all our projects as much as we can,” he said.

“We were concerned the labour shortages might affect the project given its size, but despite the labour shortages in the construction sector, it’s been really exciting to see how many local trades are interested in being involved in this new CBD project,” Clark added.

“That means we’ll be able to resource the project without having to go outside the Sunshine Coast, which is great news for the local economy.”

As the only residential apartment building within the new Maroochydore City Centre that’s currently for sale, The Corso presents a rare opportunity, with future buyers within walking distance to renowned local hospitality operator, Tony Kelly’s bustling eateries, Market Bistro and Giddy Geisha in the Foundation Place building on Market Lane.

Completion for The Corso is slated for mid-2024.

Article source: www.urban.com.au



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4 House Repairs That Significantly Raise the Property Value

As a homeowner in Sydney, you may ask yourself what kind of house repairs can significantly raise the property value of your home. While there are many factors that contribute to property value, such as location and the overall condition of the house, there are some repairs that can have a big impact.

If you’re planning on selling your home, there are a few repairs and improvements you can make that will help to increase the value of your property. In this article, we’ll take a look at four of the most effective ones.

1. Fixing Leaks and Other Water Damage

One of the most important things you can do to maintain your property value is to fix any leaks or water damage as soon as possible. If you are located in the suburbs in south-eastern Sydney, look for a plumber in Kensington, Rosebery, Kingsford, Randwick, or other nearby areas. Water damage is one of the most common problems that homeowners face, and it can have a serious impact on both the structure and value of your home. Even small leaks can cause extensive damage if left unrepaired, so it’s important to address them as soon as possible.

2. Fixing Up the Kitchen

Another great way to increase your property value is to update the kitchen. One of the most important rooms in any home is the kitchen. If your kitchen is outdated or in poor condition, it can make your whole house seem less valuable. A new kitchen can add thousands of dollars to the value of your home, so it’s definitely worth the investment. If you’re not ready for a complete renovation, even small updates like new countertops or appliances can make a big difference.

3. Bathroom Updates

Another key area to focus on is the bathroom. Bathrooms are another important factor when it comes to property value. Renovating an outdated bathroom can add a lot of value to your home, and even adding an extra bathroom can be a huge selling point. Replacing an old or damaged bathtub, toilet, or sink can give your bathroom a much-needed facelift. Adding new tiles or fixtures can also add value to your home. If you’re thinking about adding or updating a bathroom, be sure to consult with a professional to ensure that it meets all the necessary code requirements.

4. Apply Fresh Paint

Finally, one of the easiest and most affordable ways to increase your property value is to simply give it a fresh coat of paint. A fresh coat of paint can do wonders for any home. A new coat of paint can make any room look newer and more updated, which can be a big selling point for potential buyers. It makes everything look clean and new, and it can really brighten up a space. If you’re planning on selling your home, it’s definitely worth considering giving it a fresh coat of paint before putting it on the market. If you’re not sure what color to choose, consider hiring a professional painter or interior designer to help you select the perfect shade.

 Making a few simple house repairs and improvements

By making a few simple repairs and improvements, you can significantly increase the value of your home. If you’re planning on selling in the near future, be sure to keep these tips in mind.



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Monday 27 June 2022

Where Is Solar Energy Found?

Are you thinking of installing solar panels on your home? Thousands of homeowners are installing panels every year to take advantage of solar energy. 

As energy costs keep rising, producing your own solar energy is becoming more cost-effective by the day. 

If you’re thinking of getting a solar system installed, you might be wondering “where is solar energy found, and does my roof get enough sunlight?”

Solar energy is found all over the world, but some places have more of it than others. Keep reading to find out the areas that can harvest the most solar energy and a few other things to consider in this solar energy guide. 

Best Places for Solar Energy Production

As we said above, solar energy is found all over the world, including at the poles. However, the further away from the equator you get, the less solar energy you can typically harvest. 

There are a few reasons for this; for one, when the earth tilts away from the sun during winter, the sun’s rays have more atmosphere to pass through, which weakens them. During winter, the daylight hours also decrease dramatically. 

In the tropics, the sunlight has less atmosphere to pass through, and daylight hours don’t decrease much in winter. 

Besides this, the tropics typically enjoy many sunny days during the year. Higher latitude regions tend to experience more cloudy days, prolonged rainy weather, and snow. 

For instance, if you live in Central Australia, your panels might be able to pull more power than if you lived in the Southern parts of New Zealand.  

That said, this doesn’t mean you can’t go solar if you don’t live close to the equator. Although you might have fewer sunny days, you can compensate for these with a few extra panels and additional battery storage. What’s more, nowadays solar panel cell technology has advanced to the point where panels can charge even in shade or indirect sunlight, just at a slower rate. 

Why Residential Solar Energy Systems Are Becoming So Popular

If you were wondering where is solar energy found, now you know. Just about everywhere! It doesn’t matter where you live, as long as you receive direct sunlight to your roof, you can probably install a solar system. 

If you live in a tropical place like Florida, then this is even more reason to take advantage of the sun’s rays to power your home. 

Electricity costs are rising worldwide, while the cost of solar technology is dropping. Thanks to this, you can now receive an attractive ROI on a home solar system. Once the system has paid itself off, you’ll be using free energy. 

Curious to know how much you will save? Click here to learn more. 

Besides being cheaper in many areas than grid-supplied energy, solar energy is also greener. Apart from the emissions associated with solar equipment manufacturing, the active production of solar energy is emissions-free. 

Where Is Solar Energy Found? Anywhere There’s Sun

Where is solar energy found? All over the planet. Certain parts of the world do receive more energy from the sun than others, which makes them ideal for solar panel systems. 

But, if you happen to live in the higher latitudes, you can still run a solar system and experience the benefits of a cost-effective, green, independent energy. 

Looking for info on property and improvements? Explore the blog for a wealth of content, ranging from solar energy tips to property market news. 

 



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6 Home Investments That Can Raise the Property Value in no Time

When you want to sell your home, you want to get the best price for it. But what if your home isn’t in the best shape? Then, it would help if you took some time to renovate. That will pay off when it comes time to sell. Making home improvements is a great way to add value to your property. But not all home improvements are created equal. Some upgrades can decrease the value of your home, while others will have little impact or even make your home worth more. So, what should you do if you’re looking to raise the value of your home? Here are six home investments that can help:

1. Install a New Conservatory Roof

A conservatory is perfect if you want to add extra space to your home without spending a fortune on an extension. However, one problem many people face with their conservatories is that they can get very hot in the summer and very cold in the winter. This is where you need a conservatory roof specialist from Oakhurst Blinds who can offer you the best advice about external and internal shading for your conservatory. There are a variety of shading options available that will help to keep your conservatory at a comfortable temperature all year round.

2. Update Your Kitchen

Updating your kitchen is a great place to start if you’re looking to raise the value of your home. A new kitchen can add an average of $20,000 to the value of your home. And, it doesn’t have to be a major renovation. Even a few small changes can make a big difference. Some of the most popular kitchen upgrades include:

  • Installing a new countertop
  • Replacing outdated cabinets
  • Adding a backsplash
  • Installing new appliances

Home Investments That Can Raise the Property Value

If you plan on buying a whole new kitchen, pick appliances and fixtures that appeal to buyers. Stick with classic, timeless styles rather than trendy designs that will quickly go out of style.

3. Renovate Your Bathroom

Like the kitchen, the bathroom is one of the essential rooms in your home. A well-designed and updated bathroom can add as much as $15,000 to your home’s value. And, as with the kitchen, you don’t need to do a complete gut renovation to make a difference. Some minor changes that can have a significant impact include:

  • Installing new fixtures
  • Updating tiling
  • Adding storage

Again, when renovating your bathroom, stick to classic styles that appeal to a wide range of buyers. Avoid overly personal designs or trends that will quickly go out of style.

4. Replace Your Windows

Replacing your windows is an investment that can raise the value of your home in a very short amount of time. New windows can make your home more energy-efficient and improve your property’s curb appeal. If you want to sell your home, replacing your windows should be one of your top priorities. The best way to finance window replacement is to save money beforehand. If you can’t afford to replace all your windows at once, start with the ones in the worst condition. It would help if you also looked for government rebates or tax credits for which you may be eligible.

5. Get a New Boiler

If your boiler is over ten years old, it’s probably time for an upgrade. Not only will a new boiler be more energy-efficient, but it will also be much safer. Older boilers can pose a severe fire hazard, so it’s always better to avoid caution and get a new one. Installing a new boiler can be an investment, but it will pay off in the long run. Not only will you save money on your energy bills, but you will also make your home much safer.

6. Add Solar Panels

Solar panels are becoming increasingly popular as people look for ways to save money on their energy bills. They are also a great way to add value to your home. If you plan on selling your home soon, solar panels are a great way to make it more attractive to potential buyers. Installing solar panels is relatively simple, and several government incentives are available to help you offset the cost. In most cases, the panels will pay for themselves within a few years. After that, they will continue saving you money on your energy bills for many years.

There are a variety of home investments that you can make to raise the value of your property. These are just a few of the many ways you can raise the value of your home quickly and easily. By making smart investments, you can add thousands of dollars to your property’s value in no time.



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Friday 24 June 2022

How to find display homes in Brisbane?

Looking for Brisbane display homes? You’ve come to the right place! In this blog post, we will discuss how to find the best display homes in Brisbane. We’ll also provide you with some tips on what to look for when choosing a display home. So, whether you’re a first-time home buyer or you’re just curious about Brisbane’s display home scene, this blog post has got you covered!

1. What are Brisbane’s best display homes to view?

There are a number of Brisbane’s best display homes to view, depending on what you are looking for. If you are interested in contemporary and modern homes, then the display home village at Kenmore Hills is worth a visit.

This village has some of the latest and most stylish home designs in Brisbane. Alternatively, if you are looking for traditional Queenslanders, then take a drive down to Brisbane’s bayside suburb of Manly. Here you will find a selection of beautifully restored Queenslander homes on the show.

Another great option for finding display homes in Brisbane is by attending one of the many home shows that are held throughout the year. These events are a great way to see what is available on the market and get some great ideas for your own home.

Brisbane’s biggest home show is the Brisbane Home Show, which is held annually in March. This is definitely an event not to be missed if you are interested in finding display homes in Brisbane.

2. How can you find these homes easily and quickly?

There are a few ways that you can find Brisbane’s display homes quickly and easily. The first way is to use an online search engine such as Google or Yahoo. Simply type in the keywords “Brisbane display homes” and you will be presented with a list of websites that offer this information.

Another way to find Brisbane display homes is to visit the website of a local real estate agent. Many agents have a list of display homes on their website, so you can easily browse through them and find the ones that interest you.

3. What amenities and features are included in Brisbane’s top display homes estates?

Brisbane’s top display home estates come with a variety of features and amenities. These can include things like designer kitchens, luxurious bathrooms, large living spaces, and private swimming pools.

4. Brisbane’s best display homes are located in which suburbs?

There are a few Brisbane suburbs that are home to some of the best display homes. Some of these suburbs include Ascot, Clayfield, Hamilton, and Paddington. All of these suburbs have a wide variety of homes to choose from, and they’re all conveniently located close to Brisbane’s city centre. So if you’re looking for a Brisbane display home, be sure to check out these great suburbs!

5. How much do Brisbane’s display homes cost?

The cost of Brisbane’s display homes can vary depending on a number of factors. Generally, the prices for these homes will be higher than those for standard homes, as the developer will have spent more on marketing and construction costs. The price of a display home can also be affected by its location and the features that it includes.

6. What are Brisbane’s display home builders’ top tips?

1. Brisbane’s display home builders say that the best way to find a home is to first figure out what you want and then look for a display home that matches your needs.

2. Brisbane’s display home builders also advise potential home buyers to take their time when looking at homes. Don’t be afraid to ask questions and inspect every aspect of the home.

Brisbane’s display home builders also say that it’s important to work with a reputable builder. A good builder will be able to answer any questions you have and help you find the perfect home for your family.

Summary

Brisbane is one of the best places to find display homes. There are many different types of homes on display, from luxurious mansions to budget-friendly apartments. If you’re looking for a new home, Brisbane is definitely worth considering.

One of the best ways to find Brisbane’s display homes is to use a real estate agent. They will have up-to-date information on all of the homes that are currently on display. Additionally, they’ll be able to answer any questions you have about the homes or the Brisbane area in general.

 

 

Article source:  www.oberonreview.com.au



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Signs You Need to Replace Your Gutters in Brisbane

You probably don’t think about your gutters very much, but they perform an extremely important role in protecting your house from water damage. They direct the flow of rain from your roof away from your house’s foundation, making sure your home’s structure remains dry and stable. But when thinking about gutter replacement Brisbane homeowners may not know the signs that their gutters are failing them. Here are the things to look for to determine when your gutters should be replaced.

Cracks
If your gutters are cracked, they aren’t doing you any good. The water is running right out the cracks and down the side of your house instead of away from it. So, your foundation is taking on water at the base that could end up weakening the boards that hold up your house.

While you should keep your eye out for large cracks that can be seen from the ground, smaller cracks can cause just as much damage and you might not even know they are there. Look for dripping water in the middle of a gutter line or water stains running down the side of your house for clues to leaks.

Seam Damage
The weakest part of a drainage system is the seams where two gutters come together. It’s natural for seams to separate over time as they are exposed to the elements and the fasteners loosen. In fact, when you decide to replace your gutters, you might want to choose seamless gutters this time around so that there aren’t any seams to worry about.

You will know that your seams are damaged because water will leak from where the two sections of gutter meet. There are some ways to repair seam damage so you don’t have to replace your gutters altogether, but this is often a major hassle, especially when there’s an easier solution available in the form of seamless gutters.

Signs For a Gutter Replacement

Peeling Paint
A major sign of leaking gutters is peeling house paint. Water loosens the paint from the side of your house, so if you see the paint is peeling on certain sections of your house and not others, you probably have a gutter leak. Even if the paint is just bubbling up, you need to have your gutters inspected because a paint bubble is just the precursor to peeling paint.

If there’s only a section or two that has minor paint bubbling or peeling, you could probably get away with a gutter repair instead of a full replacement, but if there are multiple sections of peeling paint, you should think seriously about replacing them all, especially if you plan on repainting your house anytime soon. You don’t want to spend your hard-earned money on a new paint job only to have it ruined almost immediately by leaning gutters.

Mildew in the Basement
If you don’t catch your leaking gutters right away, the water that builds up around your foundation will eventually cause mildew or mold to grow in your basement. If you see mildew or mold in a previously dry area, have your gutters inspected right away.

Conclusion
Gutters are the unsung heroes of your drainage system. Be sure to keep them properly maintained, inspect them regularly for damage, and replace them when necessary to prevent damage to your home.

 

Article source: www.yourneighbourhood.com.au

 



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$20 billion boom to keep the Gold Coast property market firing on all cylinders

Colliers latest Gold Coast Market Overview predicts the city will continue outperforming the rest of the country.

The Announcement:

Strong population growth, a fast-growing economy and more than $20 billion in infrastructure and investment ahead of the 2032 Olympic Games will continue to drive the Gold Coast property market over the next decade, according to a new report by Colliers.

With vacancies in both the commercial and residential property sectors at new lows, Colliers’ latest Gold Coast Market Overview forecasts the city will continue outperforming the rest of the country to become the epicentre of the post-COVID recovery for investors and national developers.

The Colliers report says confidence in the market is supported by the Gold Coast Metro residential vacancy rate which has halved to 0.4 per cent over the past year and is now well below Sydney Metro (1.6 per cent) and Brisbane Metro (0.7 per cent).

However, the report warns that rising costs could stall future residential developments which could further fuel the supply and demand imbalance already impacting the market.

“Despite the headwinds facing the residential sector nationally, the forward-looking fundamentals of the Gold Coast market are as robust as we have seen at any other time in the past two years,” said Steven King, the Gold Coast director in charge at Colliers.

“The city’s expected population growth over the next decade will continue to drive demand for housing at a time when supply remains very tight and vacancy rates are at record lows.”

The Colliers report reveals that the Gold Coast is on track to grow its population by 145,000 to almost 800,000 by 2032 as the region plays host the Olympic Games. That means the Gold Coast will need to accommodate an average of 14,500 additional residents every year until the Games.

With the median price of homes on the Gold Coast at $940,000, the demand shift to apartments will increasingly fill the gap of affordability for new residents, the report finds.

The Gold Coast’s economic dynamo is expected to drive the population and property boom over the next decade with the city’s economic growth rate currently outpacing those of Melbourne, Sydney and Brisbane.

The Gold Coast economy has doubled over the past 10 years to $39.24 billion and now accounts for more than 10 per cent of the Queensland economy.

The economy is forecast to grow by 5.6 per cent in 2022, driven by a broad-based recovery of the tourism sector and significant expansion of the healthcare sector which has been the fastest-growing sector of the Gold Coast economy over the past five years.

This Gold Coast has added 15,600 jobs in the 12 months to the end of March, bringing the city’s workforce to 302,397 – or almost half its resident population of more than 643,000.

The Colliers report has highlighted $20.9 billion in public and private infrastructure spending as the catalyst for sustained growth from projects such as the Southport CBD rejuvenation ($5 billion), Gold Coast Health and Knowledge Precinct investment ($5 billion), Olympic rail infrastructure upgrade ($2.2 billion) and the stage three extension of the Gold Coast light rail ($1 billion).

“The improved regional transport infrastructure will positively impact the scale and investment profile of the local property market, attracting capital from institutional investors,” said Mr King.

“More jobs, more people, a bigger economy, improved infrastructure and higher demand from businesses will be the key drivers of growth. Infrastructure spending for the Olympics will play a significant role in this growth, but even without this in the mix, the Gold Coast is still the best placed market for growth in Australia in the near term.”

The Colliers report finds that lifestyle buyers continue to flock to the Gold Coast post pandemic, inspired by the ‘work from home’ phenomenon.

“Rising interest rates will have some effect on residential demand, and we’re seeing that in Sydney and Melbourne,” said Mr King. “However, despite the gains we’ve seen on the Gold Coast in the past two years, property affordability remains compelling to interstate buyers who are also attracted by a city that is firing on all cylinders.”

 

Article source:  eliteagent.com



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Luxury car puzzle stacker to be built on Sunshine Coast for downsizers and their ‘toys’

A decade ago, self-professed car fanatic Chris Rodgers had an idea to build a gleaming garage filled with row upon row of luxury vehicles.

The property developer’s dream is now taking shape on the Sunshine Coast with construction of a multi-storey vehicle puzzle stacker, believed to be the first of its kind in Australia.

The stacker will be five storeys high and, as a vehicle is moved in or out, all of the cars will change positions in a mechanised system.

Mr Rodgers said it would hold 31 cars and was going to be “pretty exciting”.

“You’re dialling your number in and your car physically puzzles down to the bottom where it comes out,” he said.

“And that means cars will move on a weekly basis when people use them.

“So when you come in and sit down in the viewing platform, cars will be in different spots all the time.”

It is part of a $7.5 million, 11-unit commercial development in Aura Business Park, which will have a focus on top end auto businesses.

Mr Rodgers, a director at Yindi Holdings, said the luxury car garage was being marketed towards downsizers who had run out of room for their “toys”.

“Or they’re kind of in a tin shed somewhere and it’s not really the best environment to store them in.”

Idea born in the USA

Mr Rodgers said the idea was inspired during a visit to the United States.

“We saw a similar concept over in Houston … about 10, 12 years ago, and thought, ‘That’s the type of development that we want to build Australia’,” he said.

“There were at least 200, maybe 150 cars stored in there, so yeah, [it was] quite substantial.”

But Mr Rodgers and his business partners decided to start with more a modest approach.

“We thought, if we build one here first and we just do it a little bit boutique, then that will test the waters,” he said.

“We’d like to expand it into other states and other areas as well.

“So this is kind of our test model.”

Buying ‘factories’ to store cars

Roadrunner Car Club president Graeme Block could see the usefulness of such a development, with his members often struggling to find space for their collection.

“I know people who buy factories to store them … which is an expensive exercise,” he said.

“So if somebody’s providing the sort of storage that is ultra secure, so that valuable cars are protected, there would be a market there for it.”

He said people had collections of cars that the general public never saw.

“You’d be surprised the number of cars you never see,” Mr Block said.

Mr Rodgers said the facility would include meeting rooms for local car club members to use.

“And that is sharing those interests in regards to whether it’s a high-end exotic car, or it’s an antique car, muscle car,” he said.

“There’s definitely quite a large community of car lovers on the coast and this is just going to be a small support for that whole group.”

The development is due to open early next year.

 

Article source: www.abc.net.au

 



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State Budget brings boost for flood recovery, bust for major Ipswich transport investment

Of the more than $1 billion of investment in the “Ipswich Region” outlined in the 2022-23 State Budget, less than half of that funding will be spent in the Ipswich local government area with the majority going to neighbouring Brisbane, Somerset, Lockyer Valley and Scenic Rim local government areas.

Council was relieved to see extra disaster recovery and reconstruction funding and two new schools coming to the city but was disappointed to once again miss out on major investment in transport infrastructure to support the region’s growing population.

Ipswich Mayor Teresa Harding welcomed $25.1 million in additional funding to rebuild the city following the February and May flood events, but was concerned to see social housing funding in Ipswich reduced in this year’s Budget.

“Ipswich has a long road ahead in its flood recovery, so this new injection of funding for disaster recovery will be welcomed news to our impacted communities,” Mayor Harding said.

“It was disappointing, in the midst of a housing crisis in Ipswich, to see spending on social housing in our region go backwards. It is down from $51.9 million in last year’s Budget to just $34.3 million this year.”

Ipswich also missed out on investment in major transport projects, with the city again receiving the third lowest funding for transport in South East Queensland.

“Ipswich is Queensland’s fastest growing city with our population set to more than double in the coming decade, yet the city struggles to secure the investment needed to support its rapid growth,” Mayor Harding said.

“We were pleased to see the State confirm its commitment to the Ipswich to Springfield Central Public Transport Corridor, announced as part of the SEQ City Deal, but the Budget fell short of supporting a long awaited second inner-city river crossing for Ipswich.

“We will continue to work with our local State MPs on how we can better secure the funding we need to get these vital projects shovel ready.”

There were some minor transport infrastructure improvements announced, with funding committed towards planning and businesses cases for the Cunningham Highway (Amberley intersection), and Warrego Highway (Mt Crosby interchange and Haigslea-Amberley interchange).

Ipswich 2022-23 State Budget, Project

Springfield Parkway and Springfield Greenbank Arterial upgrade and duplication plans, council’s largest road project.

The largest new road project for Ipswich in the budget next year is $3.5 million for the installation of guardrails along the Cunningham Highway from Dinmore to Redbank Plains, however overall transport funding slipped from previous years.

“Over the four years included in the State Budget, Ipswich has $92.4 million allocated in the Queensland Transport and Roads Investment Program (QTRIP), an almost six per cent decrease, which trails all other SEQ councils except for Somerset and Noosa,” Mayor Harding said.

“In comparison, the Gold Coast has $3.4 billion forecast spend which is up 16.26 per cent.”

This year health and education will be boosted for Ipswich with $34.9 million to be spent at the Ipswich Hospital, $4.4 million on the Ripley Ambulance Station and West Moreton District Office, and further funding to deliver a Satellite Hospital.

“Our community will also be delighted to have two new primary schools in Ripley Valley and in Augustine Heights to provide quality education in our fast-growing areas of Ipswich as well as additional new buildings in local schools,” Mayor Harding said.

“New investment in health and expanding the Ipswich Hospital is certainly good news for residents.

“A real need, however, is investment in Ipswich Hospital to become a tertiary facility and expand the services it offers to our residents.

“We need specialised cardiac care, orthopaedic care, more complex birthing facilities and a lot more specialised treatment for cancer.

“Ipswich desperately needs an expanded emergency department to reduce ambulance ramping and support the hardworking and compassionate people in our local health services.

“Currently, a third of all patients who present at the Ipswich Hospital cannot be treated there – and need to be sent to Brisbane. This is a telling figure for our region’s primary hospital.

“Ipswich Hospital needs to be upgraded to a tertiary facility to ensure Ipswich residents can be treated in Ipswich and that is what we will continue to advocate for.”

Council also welcomed additional funding for local government to move towards recycling and resource recovery and transition away from landfill which was a positive sign for Ipswich.

“We were pleased to see the announcement of $964.2 million over five years to support Queensland councils and industry to invest in infrastructure and programs to reduce waste,” Mayor Harding said.

“As Ipswich currently takes in the lion’s share of waste in Queensland, I look forward to finding out what this means for our city.”

No new funding was provided for the Ipswich Central Second River Crossing, the North Ipswich Sport and Entertainment Precinct or the Ebenezer Regional Industrial Area, projects which could provide significant economic and social benefits to Ipswich.

 

 

Article source:  www.ipswichfirst.com.au



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$847m Sunshine Coast Budget: what’s happening with rates and where will money be invested?

Sunshine Coast Council has handed down an $847 million 2022-23 Budget, and here’s what you can expect.

A whopping $273 million will be invested in job-creating local infrastructure projects that Mayor Mark Jamieson said would provide economic opportunities for local businesses and improved access to services and facilities for our communities.

Considerable funds will be invested in upgrading roads, improving stormwater assets, revitalising parks, boosting recycling, promoting the benefits of public transport, environmental programs, community events and foreshore and bushland conservation.

Mayor Jamieson said the Council understood property owners were concerned about the impacts on their rates as a result of the State Government’s recent increases in property valuations.

“While Council is required, by law, to use the valuation figures to calculate the general rate, we have made adjustments to our rating categories to mitigate the full impact,” he said.

“We know that the State Government valuation increases have ranged from 9.5 to 80.7 per cent. However, with what Council has done in this budget, the rate increase will generally not be anywhere near those percentages.

“The majority of the principal place of residence properties – around 60 per cent of all residential properties – will see a 5 per cent, or $63.50, increase in their general rate.

“Anyone experiencing financial hardship can contact Council before their rates are due and arrange a payment-by-instalments agreement over a six-month period, without interest being charged.”

In other decisions: the 240-litre wheelie bin and recycling fee will rise $15.90, from $316.80 to $332.70; the Environment Levy will be unchanged at $80; the Transport Levy has been raised by $1 to $45; and the Arts and Heritage Levy increased by $3 annually to $16.

The overall impact for most ratepayers will be an additional $83 on their annual rates bill.

The budget will deliver a helping hand to pensioners, with all eligible pensioners benefiting from a 3.5 per cent increase in their pensioner rate concession.

Sole homeowners on full pensions will receive a $271 concession, which is an increase of $9.

Those on part pensions will also benefit, with their concession increasing to between $77 and $212, depending on whether they own the property solely or jointly.

Mayor Jamieson said a decade of prudent fiscal management and some of the most proactive planning for the future ever delivered by a local government had provided the foundations for a budget focused squarely on delivering a stronger, better and sustainable region.

“Despite the challenges our region has faced over the last few years, our Council is forecast to achieve a strong $31.8 million operating result this year,” he said.

“This enables us to re-double our efforts to provide the services our community requires, as well as continue to invest in the infrastructure and facilities that enhance the livability and prosperity of one of the fastest-growing regions in the country.

“Council is also continuing its long-standing emphasis on sustainability in all forms and is prioritising its efforts to respond to the impacts of a changing climate – the greatest global challenge our world faces right now.

“We cannot do this alone, however, and our community is an integral part of our responsiveness.

“The single-biggest change we can make is stopping green waste going into our landfills, to reduce greenhouse emissions.

“That’s why all eligible households have now been included in the garden organics green bin initiative and, from July, will be playing their part in making the Sunshine Coast Australia’s most sustainable region: healthy, smart, creative.

“Residents who have already committed to doing their bit by using a garden organics green bin will save $27 on their collection service fee, which has been reduced from $62 to $35.”

Council’s Environment Levy will raise $12.2 million to protect and enhance our valued natural environment, including our native plants and animals, waterways and wetlands and coastal environments.

The levy will continue to support the expansion and management of Council’s conservation estate for a range of habitat preservation, catchment management and coastal rehabilitation projects.

Connecting our communities and encouraging a travel-behaviour change will also be front and centre of the work delivered with the proceeds of the Transport Levy.

This levy is forecast to raise $6.8 million for important community programs including: the Flexilink Service in hinterland towns; Kenilworth Community Transport Service; and the Council Link service for eligible persons travelling to their nearest centre.

It will also support Council’s contribution to: the development of the Mass Transit Project detailed business case, being led by the Department of Transport and Main Roads; improving bus stops and access to them, with a focus on accessibility for seniors; RideScore Active Schools program to trial in multiple schools; and the trial MoveSafe Community Education Program.

Sunshine Coast 2022-23 Budget - $847m

This year, the Heritage Levy has been expanded and renamed the Arts and Heritage Levy and will increase by $3 to $16, raising $2.4 million.

The $3 increase supports the delivery of the Sunshine Coast Arts Plan 2018-2038 and will go directly towards developing and delivering projects to provide career pathways for local emerging artists.

The remainder of the levy, or the same $13 per household, will continue to be spent on achieving the outcomes of the Sunshine Coast Heritage Plan 2021–2031.

Importantly, it will also support cultural heritage projects developed in collaboration with Kabi Kabi, Jinibara and descendants of Australian South Sea Islander peoples.

A total of $3.1 million will be invested in grants to community groups, including $1.4 million through the Community Grants Program to help organisations deliver projects and events, benefiting many residents across our region.

Council will also commit $911,500 to community partnerships with organisations, such as coast guards, chambers of commerce, regional museums, community halls and neighbourhood centres, and more than $770,000 for sports field maintenance.

Another $3.7 million will be allocated to support community events.

Council’s 2022-23 Budget 

  • $162 million to maintain, renew and replace roads, pathways and stormwater assets.
  • $60 million for libraries, galleries, community facilities and community services.
  • $94 million for transport, stormwater and open spaces, servicing development applications, managing property and public health and planning for sustainable growth.
  • $93 million to maintain, renew and replace council’s many parks, gardens and sporting facilities.
  • $52 million for environment programs and services, including beaches, foreshores, bushland conservation and clean energy.
  • $39 million for initiatives to support the resilience of our local economy and opportunities for local businesses, including major events and holiday parks.
  • $7 million for community events and grants.
  • $118 million on waste management services.

Changes in rates and utility charges 

The majority of property owners living in their home will remain on the minimum general rate of $1332.50 per annum, which has increased by $63.50 per annum.

Total Rates and Charges 2021/22

$

2022/23

$

Variation

$

Minimum General Rates           1269.00          1332.50             63.50
240-Litre Wheelie Bin and recycling bin             316.80            332.70             15.90
Environment Levy              80.00              80.00               0.00
Transport Levy              44.00              45.00               1.00
Arts and Heritage Levy              13.00              16.00               3.00
Total Rates and Charges           1722.80          1806.20             83.40

 

Article source: www.sunshinecoastnews.com.au

 

 



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New Opening: The Langham, Gold Coast in Australia’s Surfer’s Paradise

Langham Hospitality Group this week opened its newest property, The Langham, Gold Coast, the first new luxury property with direct beach access to the Gold Coast in over three decades.

“It’s been worth the wait to bring The Langham brand and its legendary hospitality and heritage to this rare and desirable oceanfront location on the Gold Coast,” said Brett Butcher, Chief Executive Officer, Langham Hospitality Group. “Against a backdrop of Australia’s most spectacular coastline, The Langham offers sophisticated yet playful one-of-a-kind destination adventures that guests will remember for years to come.”

The hotel sits between Surfers Paradise and Broadbeach, two iconic surfing towns on the country’s east coast just south of Brisbane and a little over 500 miles north of Sydney. The property is not far from the area’s farmer’s markets, local vineyards, and world-class shopping venues.

In total, the hotel features 330 suites and rooms, all with balconies that offer uninterrupted views of the area’s beaches, waves, and landscape.

The Langham Gold Coast opening

View from one of the hotel’s suites. Photo: Langham

Outside of those views and the beach outside, the hotel includes two lagoon pools with infinity edges that drop off into the Pacific Ocean.

For food and drink, the hotel offers a number of restaurants including Langham’s signature Palm Court;  T’ang Court, a three-star Michelin Cantonese restaurant that offers dim sum; Akoya, an all-day casual buffet; Coral Moon, a destination cocktail bar that will open later this year in Australian spring; and the 26 & Sunny cafĂ© that overlooks the beach.

 

 

Article source: www.travelmarketreport.com

 



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4 Carpeting Options For Your Home Worth Considering

When it comes time to replace the carpeting in your home, it can be tough to decide on what type of carpet to choose. There are so many options available on the market today, each with its own set of pros and cons. In this blog post, we will discuss four popular types of carpeting that you may want to consider for your home.

1. Nylon carpets

Nylon is one of the most popular materials for carpets and for good reason. Nylon is extremely durable, resistant to wear and tear, and easy to clean. It also has a bit of elasticity to it, which helps it resist crushing and matting. However, nylon carpets can be susceptible to static electricity, and they may not be as comfortable as some other types of carpeting. There are a lot of durable nylon carpets on the market that are also quite affordable. If you are looking for a durable and easy-to-clean carpeting option for your home, nylon is worth considering. Some people shy away from nylon carpets because they can be a bit synthetic-looking, but there are now many different styles and colors available that can give your home a warm and inviting look. If you have pets or children in your home, nylon carpeting is worth considering. 

2. Polyester carpets

Polyester is another popular type of carpeting material. Polyester carpets are usually less expensive than nylon carpets, and they are also easy to clean. However, polyester is not as durable as nylon and it can be prone to crushing and matting. Polyester carpets also tend to have static electricity. If you are looking for a more affordable option that is still easy to clean, polyester carpeting may be worth considering. Keep in mind that polyester carpets may not be as durable as some other options on the market. Sometimes, polyester carpets are made from recycled materials, which is another plus. If you are looking for a more sustainable option, look for polyester carpets that are made from recycled materials. The bottom line is that polyester carpeting is a more affordable option that is still easy to clean, but it may not be as durable as some other options.

3. Wool carpets

Wool is a natural fiber that has been used for centuries to make carpeting. Wool is an extremely durable material that is also resistant to crushing and matting. Wool carpets are also quite comfortable and tend to be static-resistant. However, wool carpets can be more expensive than some other options on the market. If you are looking for a luxurious option that will last for many years, wool carpeting may be worth considering. Just keep in mind that wool carpets may cost more than some of the other options on the market. Wool carpets are also not as easy to clean as some other options. If you are looking for a durable and luxurious option, wool carpeting is worth considering. When it comes to natural fiber carpeting, wool is one of the best options on the market. Oftentimes, wool carpets are made from recycled materials, which is another plus. Also, wool carpets are usually static-resistant. 

4. Olefin carpets

Olefin is a synthetic fiber that is often used in outdoor carpeting because it is resistant to moisture and mildew. Olefin is also quite affordable. However, olefin is not as durable as some other fibers on the market and it can be susceptible to crushing and matting. If you are looking for an affordable option for your home, olefin carpeting may be worth considering. Just keep in mind that olefin is not as durable as some of the other options on the market. Olefin carpets are also not as easy to clean as some other options. Sometimes, special shampoos are required to clean olefin carpets. It can be hard to find these shampoos, so you may want to consider another option if you are looking for something easy to clean. So, while olefin may be a budget-friendly option, it is not necessarily the most durable or easy-to-clean option on the market. 

Types of Carpeting For Your Home

After considering all of the different options, you may be wondering which type of carpeting is right for your home. The truth is that there is no one-size-fits-all answer to this question. The best way to figure out which type of carpeting is right for your home is to consider your needs and budget. Once you have done that, you should be able to narrow down your options and find the perfect type of carpeting for your home. Thanks for reading!



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Thursday 23 June 2022

Cash splash: the staggering opening bid in battle for sky home with amazing ocean views

The views from this sky home are “gobsmacking’’ and so was the opening bid it attracted at auction.

About 80 people turned out for what had been shaping up as one of the most spirited sale events of the year at 1002/20 First Ave in Mooloolaba.

The 254sqm Sea Pearl sub-penthouse was originally bought off-the-plan for $2.8 million in February 2010.

In the 12 years since, Sea Pearl has become a tightly-held address and much has changed  in the Mooloolaba real estate market.

But that first bid – a staggering $6 million – was like a torpedo, taking out two of the four registered bidders and firing up the crowd.

Agent Richard Scrivener, from Next Property Group, said one bidder was on the phone with another agent, while the eventual buyers – a couple from New Zealand – were in attendance for the dramatic bidding war that ensued.

The hammer finally came down on their new property at $6.58m.

Property pearl, Sea Pearl Sunshine Coast

“It was a $6m start. We probably all thought, to be honest, it would be somewhere in the 5s (million dollars),” Mr Scrivener said of the opening bid.

“It went quite quickly up to $6.5m. Then it crept into $6.58m.

“It’s a lot of bikkies. But you never know until the day what people are thinking.

“I know there’s been some pretty hefty sales through there (Mooloolaba beachfront) and I think that would be one of the very top.

“The sellers and buyers are both ecstatic with the result.”

Mr Scrivener said the successful bidders, Rod and Gae, who have a history of First Ave purchases, were upgrading the view on what has become their winter retreat in Australia.

“They’re an older couple who are going to be using it for more of a holiday home set-up,” he said.

“They’re going to keep it for themselves and that will just be for when they want to come and go.

“They are in the later part of working life and looking to retire. Whether they do end up retiring to the Coast or not, I don’t know, but I know they love coming over for the winter months.

“They’re at First Light. I sold them the property in First Ave some years ago.

“They just wanted to be on the front (with The Esplanade outlook). The front has the better views.

“That’s where they’ve always wanted to be and this was the right timing for them.

“They’re going to move from the First Ave (First Light) penthouse to the Sea Pearl sub-penthouse.”

Mr Scrivener said the north-facing “sky home” offered a rare aspect, location and was in wonderful condition.

It boasts three generous-sized bedrooms, three bathrooms and four car spaces across one level, which made it very desirable.

Other envious features include a large open-plan kitchen with stone benchtops, modern stainless-steel appliances and a butler’s pantry, home office, separate media room and large wraparound balcony.

Those who live in the apartment also enjoy access to the communal gym and huge lap pool and spa, and are only steps away from the patrolled beach and surf club.

There are “gobsmacking” 180-degree ocean views from Noosa to Point Cartwright, streets below buzzing with locals and visitors strolling boutiques and dining in al-fresco cafes.

Mr Scrivener said the current record sale price in the luxury Sea Pearl address was $11m, paid for the penthouse in 2021.

But he believed the $6.58m sub-penthouse was the next best sale within the much sought-after building.

“There’s only so many high-rise buildings on Mooloolaba Esplanade and there’s only a limited amount of penthouses and sub-penthouses,” he said.

Property pearl, Sea Pearl in Sunshine Coast

“You’ve got to jump in when you can.

“It’s a nine-year-old building. It’s immaculate. It’s very, very well looked-after.

“It’s in demand and there was proof of that on auction day – that there were four people who had probably $6m to spend on a unit.

“It explains itself how popular the building is.

“It’s a good result for all parties.”

OTHER AUCTION ACTION:
• 6/70-74 PARKYN PARADE, MOOLOOLABA: sold under the hammer $1,940,000 (3 Bed, 2 Bath, 1 Car), Define Property, Grant Whisker

• 27 AROONA AVENUE, BUDDINA: passed in, under negotiation (4 bed, 3 bath, 2 car), NEXT Property, Courtney Paterson

• 8 SYCAMORE STREET, MUDJIMBA: passed in, under negotiation (3 bed, 3 bath, 2 car), North Shore Realty, Brad Reed

• 8 CAREEN STREET, BATTERY HILL: sold under the hammer, $860,000 (3 bed, 1 bath, 3 car), Ray White, Andrew Garland

• 747 NICKLIN WAY, CURRIMUNDI: passed in, for sale at $620,000 (2 bed, 2 bath, 3 car), Ray White, Andrew Garland

• 59 GOLF LINKS ROAD, BUDERIM: passed in, under negotiation (land), Ray White, Ellen Lorenze

• 7 TUMALA STREET, PARREARRA (sold prior to auction, $925,000 (4 bed, 1 bath, 4 car), Ray White, Fiona Rawson

• 23 FOUNTAIN ROAD, BUDERIM: passed in at $1,600,000, under negotiation (4 bed, 3 bath, 4 car), Ray White, Lara Kell

• 16 SHRAPNEL STREET, BUDERIM: sold – $1, 820,000 (5 bed, 3 bed, 2 car), Ray White, Lew Pottinger

• 31 SUNDEW STREET, MUDJIMBA: passed in at $950,000, for sale (2 bed, 1 bath, 1 car), Ray White, Natalie Sinclair 0

• 93 DIXON ROAD, BUDERIM: passed in, offers over $1.6m (4 bed, 2 bath, 4 car), Ray White, Jodi Price

• 31 POSSUMWOOD PLACE, BUDERIM: sold under the hammer $890,000 (5 bed, 3 bath, 3 car), Ray White, Lew Pottinger

• 17 HILLCREST COURT, BEERWAH: passed in, offer over $590,000 (2 bed, 2 bath, 2 car), Ray White, Jacob de Bruyn

 

 

Article source: www.sunshinecoastnews.com.au



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Decided To Invest In Real Estate? Make Sure You Think About These Important Things

Investing in real estate helps you diversify your portfolio and generate a steady income. However, if you want to make money from this sector, there are several considerations that you’ll need to take into account. Here are the important things you should think about when you decide to invest in real estate.

Property Location

Whether you want to invest in flipping properties or long-term rental, location is the most crucial factor that can determine profitability in real estate. Proximity to basic amenities like shopping malls, healthcare, transportation network, scenic views, green space, and security play a crucial role in determining the value of the property. When you buy a property, you must consider its location and how it is expected to evolve. Contact the relevant authorities in charge of zoning the urban areas to gain insight into different locations before investing your hard-earned money into any property. 

Property Valuation 

Property valuation is another essential factor that determines financing, listing price, insurance, and taxation. Different elements are used for evaluating real estate like the cost approach, income approach, and sale comparison approach. If you live in the Edmonton area, you need to compare the prices of similar properties in certain areas. It is vital to view different apartment buildings for sale in Edmonton to get an idea of the costs you are likely to incur in acquiring a property. You can also enlist the services of a professional real estate agent to help you make an informed decision.

Investment Purpose

Investing in the real estate market is usually capital intensive, and it can lead to unexpected results. Choose an appropriate purpose for investing such as leasing the property. When you lease the property, you will enjoy a steady flow of income as well as long-term value appreciation. Buying and selling properties can fulfill short-term and long-term financial goals. One good thing about investing in property is that its value appreciates over the long term. 

Profit Opportunities

It is vital to conduct some research before investing in real estate to gain insight into the expected cash flows and profits. You should make sure you get a good rate of return on investment. You can anticipate cash flow based on the expected increase in the property’s price and certain tax benefits. You also need to do a cost-benefit analysis of renovating the building before selling it. 

Understand Leverage

Loans play a crucial role in helping you acquire properties, but you also need to be careful. Some mortgages come with exorbitant costs, and this can impact your investment. For instance, if a loan comes with high interest, it may take you longer to realize profits from your investment. Make sure you know how to handle mortgages, and be sure to choose the best type that suits your needs. Shop around for a mortgage with better terms and a lower interest rate.    

Buy Existing Property Vs Building Property

You also need to choose between building a new property or buying something that already exists. Constructing something new gives you the option of customizing it to suit your style. However, you can face risks like increased costs, and delays. Existing properties are convenient, and they come with lower costs. When you buy a property, you must review its deeds, maintenance costs, outstanding taxes, and other factors that can affect the price. Check elements like market stability if you want to invest in rental property. 

Indirect Investment

You can also make an indirect investment in real estate like Real Estate Investment Trusts (REITs). Real estate company stocks or mortgage bonds are some of the investment options you can consider in real estate without spending a considerable amount of money. This can help you get started without any worries of looking for money for a down payment when you decide to buy a home. More importantly, scan the market for the opportunities that exist. 

Your Credit Score

You need to know that your credit score determines the type of mortgage you can get as well as the terms and conditions. With a higher score, you are likely to get a loan with more favorable terms and conditions. To improve your credit score, be sure to pay all your bills on time and keep up with payments on your debts. Dispute any inaccuracies that may exist on your credit score. 

Decided To Invest In Real Estate, Important things to think

Investing in the real estate market is a great way of generating income since it helps to diversify your portfolio. In most cases, when the stock market is down, real estate will be performing well. This is a low-risk investment that can give you revenue in the long term. However, like any other investment, you should consider certain factors like the ones discussed to make an informed decision. 



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The Main Benefits Of Pallet Racking Systems For Your Business

If you are looking for an efficient and cost-effective way to store your inventory, then pallet racking systems are an ideal solution. Pallet racking is a type of storage system that utilizes horizontal or vertical racks to store materials on pallets (wooden platforms). This type of system offers many benefits over traditional storage methods, such as improved space utilization, better organization, and easier accessibility. Here are some of the main benefits of pallet racking systems for your business.

1. Improved Space Utilization

One of the biggest advantages of pallet racking systems is that they can help you maximize your available storage space. By storing your inventory on pallets, you can utilize both the floor space and the height of your warehouse more effectively. This can free up valuable floor space for other uses, such as office space or storage for other equipment. Additionally, by using a pallet racking system, you can store more inventory in the same amount of space than you could with traditional storage methods. If you are looking to improve your warehouse’s space utilization, then pallet racking is a great option.

2. Better Organization

Another benefit is that they can help you better organize your inventory. With traditional storage methods, it can be difficult to keep track of where everything is located. This can lead to lost or damaged inventory and wasted time searching for items. However, with pallet racking, each pallet is labeled with a unique identifier. This makes it easy to locate specific items when you need them. Additionally, the use of racks ensures that your inventory is stored in an organized manner, which makes it easier to keep track of. If you are looking for a way to improve your warehouse’s organization, then pallet racking is a great option.

3. Easier Accessibility

Another benefit of pallet racking systems is that they can make your inventory more accessible. With traditional storage methods, it can be difficult to reach items that are stored on high shelves or in hard-to-reach places. However, with pallet racking, all of your inventory is stored at ground level. This makes it easy to access even the heaviest and most awkward items. Additionally, the use of racks ensures that your aisles are clear and unobstructed. This allows you to quickly and easily locate the items you need without having to move around obstacles. If you are looking for a storage solution that will increase the efficiency of your operation, pallet racking is an ideal option.

4. Increased Safety

In addition to the benefits above, it can also help to increase the safety of your operation. With traditional storage methods, it can be easy for items to fall off of shelves and onto the ground. This can damage inventory and pose a safety hazard to employees. However, with pallet racking, all of your inventory is stored on racks that are securely attached to the floor. This prevents items from falling and minimizes the risk of damage or injury. It’s important to note that while pallet racking systems can help to increase safety, they should not be used as a substitute for proper safety protocols.

5. Reduced Costs

Another benefit of pallet racking systems is that they can help to reduce the costs of your operation. traditional storage methods often require the use of expensive materials, such as metal shelving. Additionally, traditional storage methods can be labor-intensive, which can increase your operating costs. However, with pallet racking, you can often use less expensive materials, such as wood pallets. Additionally, the use of racks can help to reduce labor costs by making it easier to store and retrieve inventory. It’s important to note that while pallet racking systems can help to reduce costs, they are not a substitute for proper cost-control measures.

6. Increased Flexibility

Pallet systems can also help to increase the flexibility of your operation. With traditional storage methods, it can be difficult to make changes to your inventory or your warehouse layout. However, with pallet racking, it’s easy to add or remove racks as needed. Additionally, the use of racks means that you can easily adjust your aisle widths to accommodate changes in your inventory. If you are looking for a storage solution that will give you the flexibility to adapt to changing needs, then pallet racking is a great option.

7. Improved Aesthetics

These systems can also help to improve the aesthetics of your warehouse. With traditional storage methods, it can be difficult to keep your warehouse looking clean and organized. However, with pallet racking, all of your inventory is stored on racks that are neatly arranged. Additionally, the use of racks can help to create a more open and airy feel in your warehouse. This can give your business a more professional appearance and make it more inviting for customers. It’s important to note that while pallet racking systems can help to improve the aesthetics of your warehouse, they should not be used as a substitute for proper warehouse management.

8. Enhanced Protection

Pallet racking systems can also help to enhance the protection of your inventory. With traditional storage methods, it can be easy for items to become damaged or lost. However, with pallet racking, all of your inventory is stored on racks that are securely attached to the floor. Additionally, the use of racks can help to minimize damage by preventing items from falling off of shelves. By using pallet racking, you can keep your inventory safe and secure. Also, by using racks, you can help to extend the lifespan of your inventory by preventing damage.

The Main Benefits Of Pallet Racking Systems

There are many benefits that come with using pallet racking systems. These systems can help to increase the efficiency of your operation, improve safety, reduce costs, and increase flexibility. Additionally, they can also help to improve the aesthetics of your warehouse and enhance the protection of your inventory. If you are looking for a storage solution that can provide all of these benefits, don’t look any further. By following these tips, and knowing these benefits, you can find a pallet racking system that will work best for your business. With the help of these systems, you can take your business to the next level.



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