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Are you prepared for life’s financial turning points?

We face a series of widely-shared financial turning points during our lives. Yet how we handle them obviously differs widely.

Financial turning points include receiving our first pay, joining our first super fund, leaving home for the first time and entering a personal relationship.

Among the others are buying our first (second or third) home, dealing with serious illness in our families, coping with a partner’s death, losing our job and eventually retiring.

A decision to begin saving seriously to meet our long-term goals and the creation of our first financial plan are high among our key financial milestones.

Thinking about the feasibility of ‘downsizing’ to a smaller home as we age is becoming more common and finding suitable age care is climbing higher in the list of life events with the ageing of the population.

There are straightforward ways to help prepare for financial turning points such as budgeting, saving, investing, obtaining adequate insurance, considering quality professional advice when necessary and estate planning.

How we cope as investors with sharply rising or sharply falling investment markets can be a life-changing event. Investors who set an appropriately- diversified strategic portfolio, and who remain disciplined and focused on their long-term goals are best-placed to cope with market upheavals.

Taylor Financial Advice and Solutions located at The Gap, offers the community, free workshops to educate you on how to prepare for life’s financial turning points. This is purely an educational workshop and guests will have the option to explore their financial advice services.

JUNE Workshops: 

Tuesday, 12 June - How to Manage Your Cash Flow Workshop
5
pm - 6pm @ Taylor Financial Advice and Solution
Shop  35, The Gap Village Shopping Centre, 1000 Waterworks Rd, The Gap.
If you're struggling with budgeting or fill ill-prepared for life's major turning points like buying a house, taking your dream holiday, or getting married?

We'll show you how to:

- understand your own priorities in regards to saving, and set clear and realistic goals

- use comprehensive software to analyse and manage your spending

- approach a variety of saving and investing tools

 

Wednesday, 13 June - How to Grow Your Money Workshop
1
0am - 11am @ Taylor Financial Advice and Solution
Shop  35, The Gap Village Shopping Centre, 1000 Waterworks Rd, The Gap.

 

Would you like to know how to maximize your retirement income so you can enjoy life now and also during retirement?
We'll show you how to:

- minimise the optional death tax on your pension so you can pass more inheritance onto your loved ones.

- spread your investments over different asset classes so you reduce your risk and protect your wealth

- take advantage of the new downsizer super contribution legislation (starting 1 July, 2018) which will unlock capital on the sale of your house and allow you to generate retirement income.

 

If you’d like to attend, please call us on 3510 1333, or email admin@tfaas.com.au.

or visit our Facebook Page

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Don’t Sell Your Home in 2018 (UNTIL You Read This!)

Don't Sell Your Home in 2018 (UNTIL You Read This!)

Don't Sell Your Home in 2018

2018 is here! For anyone who is considering selling their home in 2018, we are going to dive into a great list of tips that will help your home sell fast and for the highest price possible.

One of the first things you should do is discuss in detail your options with whoever is involved in the selling of the home. Look at the homes for sale in your neighbourhood to give you a rough idea of the anticipated sales price. A lot of locals are shocked at the value of their home in Everton Park and surrounding suburbs thanks to the high level of demand and low stock levels.

Don't Sell Your Home in 2018 (UNTIL You Read This!)

10 Steps to Selling Your Home in 2018

Make Sure You're Ready to Sell

Many people begin to consider selling long in advance of actually putting a for sale sign in their yard. If you're considering selling, it doesn't hurt to start familiarizing yourself with the process by doing research. That being said, don’t put your home on the market until you are 100% ready and committed to selling. Take your time to get prepared!

The listing price for your home is going to determine if it sells. The correct amount is one that the market decides, not one that the seller decides themselves. Your Madeleine Hicks Real Estate agent will review the comparable sales and together you will determine an appropriate selling price for your property!

Knowing you are 100% ready to sell is one of the most important parts of selling your home. If you're considering selling it doesn't hurt to start growing familiar with the process. Many people begin to consider selling long in advance of actually putting a for sale sign in their yard.

Many people don't have a choice. Selling their home is a necessity commonly because they've already purchased another home, are being relocated to work in a new area and sometimes dramatic life-changing events.

Sometimes selling your home isn't so black and white. Sometimes you sell as a part of a growing family or an investment opportunity. Maybe you want to liquidate your assets and move your investments around. Either way, you don't want to sell your home without making sure you are ready and have discussed the options.

Interview Local Real Estate Agents to Help Prepare

Preparation is key to getting your home sold in 2018.

Maintaining a spotless and presentation-ready home for any last minute showings is crucial because it could be the deciding factor in a purchase. A buyer that walks into a home that is messy will walk right back out without having a second thought. Buyers are driven by their ability to picture themselves living in the home that they are being shown. If your house isn’t prepared or appealing, they won’t feel the comfort that is required for them to purchase. Real Estate agents with experience can do a tremendous job of assisting you preparing your home for a sale. They will make many recommendations and offer advice on how you can keep your home clean and charming.

It starts with curb appeal. Before potential buyers even step inside the house, they will have a front view of the property as they are pulling into the driveway. In this moment, the buyer begins to judge whether or not they are interested in looking inside. As soon as they get out of their car, you want their first thought to be, “Wow this home is beautiful.” In order to get them excited to see the home, you need to maintain an appealing yard. Be sure to have healthy mown grass in the summer, and tidy well kept bushes in the winter.

Next, make sure that the inside is swept, vacuumed, dusted, mopped, etc. When your home is sparkling and spotless, the potential buyers are more likely to leave with positive thoughts. If you can maintain a clean home throughout the selling process, you will have a much higher chance of selling.

Once you've discussed the idea of selling your home in greater detail and everyone involved is in agreement, you'll likely want to begin interviewing local Real Estate Agents. We pride ourselves on having some of the best real estate agents in Everton Park and surrounds! This will help you understand some things you can do before you list your home that may help increase your return on the sale. There are a lot of great Listing Agents out there and some that are not so good as well, so you will want to find one that you can work well with.

One of the best things you can do as a Seller is put yourself in the buyer's shoes. What made you want to buy the home? Would you buy your own home?

Your Real Estate agent will be able to see your home through the eyes of a potential buyer. Most sellers have grown emotionally attached to their home and they may have a differing opinion as to how valuable their home is compared to potential buyers... Sometimes it's worth more, sometimes it's worth, less. The only way to truly determine is to let the market decide!

Improve the Home

Selling your home in 2018 is going to give you a great opportunity to make a great return on your investment.

When it comes to selling your home, you want to get the most profit back possible. Repairing or upgrading different details of your home is very beneficial for your return on investment. If your home is worn down, it would be wise to pay for improvements because the home would be placed at a much higher value with these renovations. To start, check the landscaping around your home. Does your house have a positive curb appeal and look beautiful from out front? If not, it might be time to plant some fresh grass seeds or have a professional landscaper come by to make improvements.

You may also want to remodel the bathroom or the kitchen. These two rooms are very important because many people search for a beautiful kitchen and a gorgeous master bathroom when determining which home to buy. Find out what designs would look best in your setting and make the improvements! For the bathroom, this could be new flooring tiles, polishing the bathtub/shower, and remodeling the sink. For the kitchen, you could start by upgrading the countertops to a finish that is more modern, such as granite or marble.

There are other rooms you should also look at and see if they need any improvements as well. Whether it is a room inside or even adding a patio or deck, you will want to choose renovations that will be well worth the investment. Getting a good listing agent can help you find any red flags and help prepare your home for when it is time to hit the market. All of these additions and improvements will make your house stand out and be more likely to sell when competing against other homes. In addition to this, these renovations will tremendously increase the value of your home, giving you a more profitable return on investment.

Determine the RIGHT Listing Price

Determining the best listing price for your home can be a stressful part of the selling process. Since we tend to grow emotional attachments, everyone believes that the home they have lived in is worth more than it really is. However, any good real estate agent will tell you that it is not the seller who determines the price of the home, it is the market. To get a better idea of what your home would be valued at, research what price homes in your surrounding neighborhood have been sold for.

If you list your property in the spring and summer months, you will experience more buyers searching for a home. Since the demand to purchase would be high, you would have the option to test the market for a few prices. If your first listing price doesn’t draw in buyers, you can decrease the amount and repeat this process until you have a sale! If you’re selling during the winter month, usually you would have less leverage to test the market since there are fewer buyers during these months. At this time, you should list your property at a value that similar homes are selling for so that your home isn’t overlooked by buyers for being overpriced.

Real estate agents assist in determining the best pricing point. Their expertise will guide you through the process and they will find other homes that you can compare yours to. After analyzing a few comparisons, the value of your home should be more clear. As long as you don’t let your emotional attachment get in the way of deciding a price, you will be all set and ready to sell your home!

Professional Real Estate Marketingtips to sell in brisbane

Getting your home out on the market for everyone to see will attract a much larger crowd. Since professional real estate agents have access to a greater network than non-agents, they can get your home sold faster than if you were to sell it yourself (for sale by owner).  Listing your home on the MLS will increase your chances of getting potential buyers to see that your home is active. Your real estate agent will also do marketing on their own to make more buyers aware of your listing. For example, they may use billboards, their own website, open houses, flyers, direct mail marketing, and their network with other real estate agent to promote your home. When you have a listing agent, they are extremely determined to help you sell.

Using pictures is another effective way to draw interest in your home. We love to show off your property with images and videos. After capturing all of the rooms, we put the media online and potential buyers can take their own virtual tour of your house. This way, your home is being exposed to numerous people not only who are checking out homes on MLS, but also people who are on the edge of buying in general. This can motivate them to buy and set up a showing for your house if they like what they see.

Have the RIGHT Selling Strategy

There are plenty of different strategies that work for selling homes. For example,  depersonalizing your home, decluttering it to make it look bigger, and letting in more light by opening up blinds and shades are all effective selling strategies. Put yourself in the buyer’s shoes, what is it that they want to get out of taking their time to see your home? They want to walk into a clean home and need to be able to envision themselves living in it one day. Depersonalizing your home is a nuisance but it will help your chances of selling. You can do this by taking out family pictures and replacing them with neutral pieces of artwork. This makes it easier for the buyers to imagine putting up their own family pictures if they purchase the home.

Another selling strategy is removing any pets for showings. Whether you have a dog, cat, bird, hamster or something more exotic, take them out of the home for the day since not every potential buyer will be an animal lover. Be sure to clean up any water bowls, toys, litter boxes, hamster wheels and fur because buyers don’t want to walk out covered in hair. By removing the animals, you also create a safer environment for cleaning supplies and air fresheners to make your home even more appealing.

Let your home shine! Getting as much natural light in through the windows is a smart move to show just how ‘alive’ your home looks. A buyer that walks into a dark home in the middle of the day can leave unsatisfied, without a desire to purchase that property. Natural light makes a home look much nicer and more pleasant. When you have time, walk around the house and determine what is causing light to be blocked from entering the windows. If bushes are causing the unwanted darkness,  cut them down.

Negotiate Professionally, NOT Emotionally

Negotiating can get tricky at times because you have to be careful when it comes to receiving offers from buyers. It is important to not let your emotions take control when you are looking for an offer or if you are making a counteroffer. Remember to always stay professional when you are negotiating, as this would give you the upper hand. Your Madeleine Hicks Real Estate agent will help make sure that you aren’t letting your emotions get the better of you. At the end of the day, you, the buyers and the agents involved are all working toward the same goal:  To sell your house!

When you receive an offer, do not respond right away. Instead, take your time looking it over and review your options. If you are in a multiple offer situation, you will be less stressed out since you have fallback options. When there is only one offeror, that’s when things tend to get hectic. As the seller, you may begin to get unmotivated and worry that you aren’t going to get the best deal. Take a deep breath and take your time looking for the offer to think over your options. Before sending an offer, be sure to debate the pros and cons of making that deal to make sure that it is a smart move.

Let the Buyers Feel As Though They Won

If a potential buyer isn’t constantly showing excitement for the purchase, they may back out at any time. By ensuring that your buyers feel that they are getting a deal of a lifetime, they will remain interested throughout the whole process. As the seller, show that you are excited for them to take this new step!

When it comes to negotiating, it is always important that you make the buyers feel as if they won. When they think that they have received the best deal, they will accept it and the both of you will be heading for a settlement. Similar to negotiating professionally and not emotionally, it is also important that you negotiate strategically. Let the buyers gain as much ground as you think they will need in order to feel like they are getting the better end of the deal. When they are satisfied with the deal in front of them, they will accept it and you both will finally close!

Prepare for your Move-out

Now that you are settling,  all of the stressful steps of selling your home are over and you can let the transactions run their course. Keep in mind that after all of the signing and initiating, you still need to move your belongings out of the house before you are completely finished. Anything that you do not convey with the title will have to go. This may include the refrigerator, the washer and dryer, and anything you specifically jotted down and disclosed to the buyer that would be coming to you after you sold.

Sellers who have already relocated usually have their home completely move-in ready for the buyers throughout the process. This is when a house is entirely empty and vacant when potential buyers are walking through it. If you are a seller that still lives in the home and have not yet relocated, be sure to get pre-approved to purchase a new home ASAP.  You don’t want to be left out in the cold because you don’t qualify for the home you were planning on purchasing. Make sure that you are financially ready to move out so buyers can move in.

Any garbage that is left in the house while moving out must be removed and thrown. Don’t be those sellers who make your buyers clean up your messes for you. Gather your belongings to pack them so that you are ready to move to your new home. If you have many items that you don’t want to keep, two helpful options can be a garage-sale or selling on Gumtree or eBay. By doing this, you are cleaning out the house and making, even more, money at the same time.

Whether you still live in the home or you have already relocated, always remember to leave the utilities on until after the home is settled!

Close and Congrats!

You’ve made it! You have followed all of the steps listed above and you’re finally ready for the last one! The offers are on the table and you have accepted the most appealing one! Congratulations, you now get to move on to closing!  If the buyer’s lawyer and agent approve all paperwork and the bank approves the transactions, there’s nothing much more to worry about. It is a long process for most, and even more, a stressful one. But you did it! Congratulations on officially selling a home!

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Major road and green infrastructure projects for the Jinker Track

road works on the Jinker track Albany creek

Moreton Bay Regional Council will invest more than $1.35million in road upgrades at the intersection of Jinker Track and Bunya Road following the appointment of a successful tenderer at the recent Council Coordination Committee Meeting (14 December).

Councillor for Division 10, Matt Constance welcomed the decision to appoint Alder Constructions Pty Ltd to the job, with the project starting in the New Year.

“This is a significant project that will see the intersection signalised, pavement and drainage improvements, new footpath, line markings, road signs, landscaping and green infrastructure including fauna exclusion fencing and a fauna bridge to ensure the safe movement of wildlife at the intersection,” Cr Constance said.

“Once complete, the project will not only improve road safety but it will also make it easier for visitors and locals to access sporting fields at James Drysdale Reserve, the Arana Hills SES depot, the nearby waste facility and the stunning Bunyaville Conservation Park, which attracts many visitors each year.

“Making sure we have improved safety for pedestrians and motorists has been one of my top priorities and it’s exciting to see this project come to fruition.

“As part of the project, about 135 metres of fencing will be installed along Bunya Road, at the interface of Bunyaville Conservation Park, to protect native birds, koalas, echidnas, wallabies and possums, with a fauna overbridge to allow safe passage of tree dwelling fauna travelling between green corridors either side of The Jinker Track.

Pine Hills Baseball Club president Simon Tame welcomed the project and said it would promote road safety.

“This is a great road safety project and we are really excited to see the upgrade get underway,” Mr Tame said.

“We have over 250 members at our club, so this project will also help to improve access to the sporting fields and ensure motorists slow down.”

Works are expected to commence in the New Year and take approximately 15 weeks to complete, weather permitting.

Councillor Constance said council would aim to ensure this important work was undertaken with as little impact to the community and road users as possible.

“The contractor will provide variable messages signs consistent before and throughout the duration of the project and will also advise the community and business of any impacts ahead of time,” he said.

“We apologise for any temporary inconvenience this work may cause to road users, but look forward to delivering this significant road safety project for residents in the New Year.”

Thanks to the Hills Echo for sharing the news.

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Village Buzz Christmas Lights 2017

36-Sugarloaf-St-Wavell-Heights

Finding the best Christmas Lights in Brisbane all depends on where you live, how much time you have and often how old your kids are.  The kids are the best at finding them.

At Village Buzz we are trying to make it easy for you, simply download the map to your phone and you will be on your way

You can use the map at the bottom of the page to find lights near you or use the list below (the map is easier) – we have kept things fluid as we will be updating if you let us know about any other good ones.

 

 

9 Blackwood Ave Mitchelton
10 Longreef Ct Albany Creek
36 Sugarloaf St Wavell Heights
146 Maundrell Terrace Chermside West
123 Dorrington Dr Ashgrove
30 High St Ashgrove
115 Horn Rd Aspley
1/123 Samford Rd Enoggera
12 Bowers Rd S Everton Hills
7 Greenfern Pl Ferny Grove
48 Daisy St Grange
 19 & 16 Barokee St Stafford
27 Minimine St Stafford
7 Minimine St Stafford
34 Ashley Rd Chermside West
146 Maundrell Tce Chermside West
36 Sugarloaf St Wavell Heights
16 Kosta Pl Albany Creek
8 Calhoun St McDowall
6 Calhoun St, McDowall
2 Coleridge St, Stafford Heights
2 Pimelea St, Everton Hills
16 Kambala St, Everton Park
 Please let us know in the comments if you can find any that are not on this list.
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Suncorp blacklists your suburb!

blacklisted

Big banks are set to announce tougher measures to crack down on high rise apartment purchases including blacklisting more than 100 Brisbane suburbs, doubling the minimum apartment size to qualify for funding, evidence of rental cash flows and tough new valuation criteria.

Lenders such as Adelaide Bank are introducing "minimum funding requirements" requiring apartments to have their own bathrooms, kitchens, laundries, and windows in key rooms, such as bedrooms and lounge rooms.

Others, such as Suncorp Bank, the nation's fifth largest mortgage lender, are circulating a list of 39 Brisbane postcodes covering more than 100 city and metropolitan suburbs where the new lending restrictions will apply from next Monday.

"Our settings have been adjusted for postcodes based on recent weakness in the investment unit market in Brisbane, with evidence of a reduction in prices," a Suncorp Bank spokesman said.

suncorp restricts lending to local suburbs

McDowall and Everton Parks No 1 rated real estate agent Madeleine Hicks said "suburbs like McDowall, Stafford, and Everton Park, are really a victim of what has been happening in neighboring suburbs Chermside and Nundah.  A lot of units have been built in those suburbs and we are paying the price"

 

"Whilst there has been some unit development in our main suburbs it has been nothing compared to our neighbors," said Hicks.

Nervous lenders are turning the screws on apartment buyers amid growing concerns about over-supply, falling prices, restrictions on foreign buyers and potential risk from combustible cladding widely used on high rise apartment exteriors.

For example, new apartment sales in the Queensland capital have reportedly collapsed by more than 70 percent in a year, prompting desperate developers to offer lucrative incentives to attract buyers.

Developers, such as Consolidated Properties, claim Brisbane has been cruelled by restrictions on financing set up to ease speculative buying in Melbourne and Sydney.

Other developers, such as ForceOne Development, have been using incentives like a free Toyota Yaris to encourage apartment sales.

AdelaideBank, a division of Bendigo and Adelaide Bank, will today (Wed) announce stricter controls on apartment lending that include bigger sizes, better design, identifiable cash flows for investor/lands and more stringent calculations of a borrowers' capacity to repay.

 On the Plus side

"Now presents a great opportunity for cashed-up investors to get into the growing Brisbane market and take advantage of bargains that exist.  We know that the population in Brisbane will continue to increase and that will mean there will always be strong demand for homes in the inner suburbs," said Madeleine Hicks

In fact, Ms. Hicks called for "greater investment in infrastructure in the Stafford, McDowall and Everton Park suburbs to better reflect the increase in population that is moving into these suburbs.  This only seems fair as the Council is collecting greater revenues but not spending the money here."

The Minimum requirements for high-density apartments to obtain funding include windows in bedrooms and living rooms, separate bathrooms, and their own laundries and kitchens. High-density apartments are complexes of more than 50 units or five stories.

Minimum sizes for two bedroom apartments have been doubled to 60 square meters and timeframes for off-the-plan valuations have been reduced from six to three months to "better the risk" and "align acceptance of applications and valuers' professional indemnity cover".

Last month Australia and New Zealand Bank also issued a blacklist imposing tougher terms requiring borrowers to have a 20 percent deposit.

The value of apartments has fallen by about 1 percent in Brisbane during the past 12 months, according to SQM Research, which monitors property prices.

Several recent reports by independent consultants have warned demand will be exceeded by the estimated supply of new apartments in Brisbane, which will add to downward pressure on prices.

There is also growing investor concern about the outcome of current investigations into the widespread use of inflammable cladding on apartments, particularly who will be liable for its replacement.

 Under Suncorp's new rules, it will no longer accept investment loan applications for apartments that do not have a minimum deposit of at least 20 percent.

What do you think are the banks right to restrict lending in certain suburbs only?

Source Brisbane Investor

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Arana Hills retains ‘village’ feel despite proximity to Brisbane CBD

 

SOME 10km from Brisbane’s CBD is a suburb possessing “village” warmth, where locals hope urban sprawl and greedy developers never taint their way of life.

Arana Hills, despite being a similar distance from the CBD as Upper Mt Gravatt and Chermside, has so far escaped being picked over by developers.

One reason may be because it sits beyond Brisbane City Council’s reach and under Moreton Bay Regional Council.

Local business owners and siblings Kristy and Stephen Soderholm said they hoped developers never invaded and destroyed the great community feel that defined the suburb.

“A lot of people like it here because there is still very much a village feel, and we are really worried about losing that because that is what makes the area,” Ms Soderholm said.

“You really do feel you are close to the City, but we have been able to maintain that village atmosphere, and that’s what we are worried about losing over the next five years.”

The Soderholms’ parents started the Arana Hills 7 Day Hardware Store, opposite the Arana Hills Plaza, in 1983, with the siblings since taking over.

Ms Soderholm said some of their customers spanned three generations of the one family, while lately there appeared to be a strong influx of Europeans.

“There are a lot of younger families in the area, and it definitely is becoming more multicultural, with a lot more Europeans and South Africans, but we also get a few Scandinavians dropping in,” she said.

“We are getting the children of customers coming in and even the grandchildren of our original customers.”

 


Salon operator Claire Mock is an overseas-born resident of Arana Hills. Picture: Darren Cartwright
According the Australian Bureau of Statistics, Arana Hills has a population of 6810.

The top five ancestry responses to the 2016 Census were English (29.8 per cent), Australian (27.1), Irish (10.8), Scottish (9.1) and German (5.1).

However Australia was the top country of birth, followed by England, New Zealand and South Africa.

Hair Unlimited salon owner Claire Mock, who emigrated from South Africa less than five years ago, originally opened her store in Ferny Hills before relocating to Arana Hills earlier this year.

She said many of her clients were aged 30 to 50 and were very down-to-earth.

“I moved here five months ago and it’s the best thing I could have done,” she said.

“It’s a better location business-wise and it’s a lovely suburb with down-to-earth, ordinary folk.”

Local real estate agent Simon Whitehead said Arana Hills may have escaped Brisbane City Council’s 2014 Urban Renewal Plan — which will transform areas around nearby Ferny Hills and Mitchelton train stations — but there would still be some changes.

The Moreton Bay Regional Council has approved pockets of development around Arana Hills Plaza under its Next Generation Neighbourhood Plan.

“The average-sized house block was 600sq m and pretty much the minimum until the changes to the town panning a couple of years ago,” he said.

“The area around Arana Hills Plaza has been rezoned, which entails more high-density, so you can subdivide or go to the townhouse unit option.

“There are some units and apartments in and around Arana Hills Plaza already, but about 95 per cent of the dwellings are houses.”

The median house price for Arana Hills is tracking at $537,500 after finishing at $525,750 in 2016 and $497,000 in 2015.
On average about two houses sell a week, and Mr Whitehead said there were a lot of interstate buyer’s agents sniffing around the suburb because of its proximity to the CBD.

“For properties up to $600,000 you are looking at about 40 per cent sold going to interstate investors and the rest would be first home buyers,” he said.

“The big selling point is the distance from CBD, and it provides the happy medium between strong, happy growth and higher rental return.”

Despite being known as a family friendly suburb, Arana Hills has no schools within its boundary.

The nearest education centres are Grovely State School, Ferny Hills State, Mitchelton State High and Primary Schools, St William’s Catholic, Patricks Road State School, St William’s Grovely Catholic Primary School and TAFE Queensland, Grovely.

The suburb also relies heavily on public buses, with the nearest train station, Grovely, about 1km from the plaza.

Mr Whitehead said the lack of local schools and a train station certainly hasn’t held the suburb back.

It sits at the foot of Bunya State Forest and the most expensive houses in Arana Hills, which were only built in the nineties, have sweeping views of the surrounding suburbs and parkland.

The record sale for Arana Hills was in Yarraman St million and it was once the home of a Broncos legend, said Mr Whitehead.

“Arlington Estate was built in the late 90s and Yarraman St has had the most expensive sale,” he said

“It’s the house Shane Webcke once lived and it sold for $1.080 million.

‘The houses back on to Bunya State Forest which has bike and walking tracks and picnic areas.”

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August Real Estate Market Update

Real Estate market wrap by madeleine hicks real estate

Hey guys its Hayden from Madeleine Hicks real estate. It’s time for this month's market roundup McDowall had a quiet month with only 3 properties being sold 8 Macnee Street got the highest price of $720,000. Stafford Heights had a steady month with 5 properties being sold with the highest being 20 Broula Street which sold for $605,000. Stafford on the other hands prices may be on the rise with 7 properties being sold the highest being 5 Tathra Street which sold $690,000 and Everton Park takes the cake yet again with 11 properties being sold 28 Dargie Street had the highest price of $751,000.

You’ve may have noticed some recent roadworks in the local area as well as the traffic lights on Hamilton Road and Beckett Road being earmarked for improvement which will hopefully improve traffic flow in the area

Remember guys we are now in a magpie season so if you are out walking or riding don’t forget your trusty helmet we can twist their zip ties if you have thinking about selling or buying call me now I’m Hayden Owens

MCDOWALL RECENT SALES

Highest Sale Price: - $587,000Lowest Sale Price: - $310,000
Properties Sold: -  3Properties on the Market: - 23
AddressBedBathCarLand SizeSale Price
64 Beckett Rd523720$587,000
44 Hoffman Rd312668$523,000
106 Paramount Ct432700$310,000

STAFFORD HEIGHTS RECENT SALES

Highest Sale Price: - $820,000Lowest Sale Price: - $525,000
Properties Sold: -  7Properties on the Market: - 26
AddressBedBathCarLand SizeSale Price
49 Normanton St5121108$820,000
20 Broula St312650$605,000
7 Geary St322657$560,000
61 Ringrose St311647$550,000
47 Flockton St312620$545,000

STAFFORD RECENT SALES

Highest Sale Price: - $877,000Lowest Sale Price: - $297,500
Properties Sold:- 9Properties on the Market:-  52
AddressBedBathCarLand SizeSale Price
61 Appleby Rd634620$877,000
53 Barokee St322653$716,000
16 Canonbar St312632$672,000
92 Rueben St312410$570,000
28 Ryena St311607$500,000

EVERTON PARK RECENT SALES

Highest Sale Price: - $751,000Lowest Sale Price:- $320,000
Properties Sold:-  18Properties on the Market:- 81
AddressBedBathCarLand SizeSale Price
28 Dargie St422746$751,000
6 Jadmar St312604$600,000
80 Griffith St322607$600,900
21 Venning St421404$580,000
11 Reedan St312607$555,500
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Hundreds of new homes at Arana Hills and Everton Park – coming soon

Mirvacs-planned-project-at-Everton-Park

ASX-listed Mirvac has continued to expand its Queensland pipeline, investing $18.6 million to acquire two new development sites in Brisbane’s northern middle ring.

The property group is in the process of obtaining development approval for the sites – at Arana Hills and Everton Park – which together will deliver about 220 new homes.

The Arana Hills site, which settled this week for $5.35 million in a deal negotiated by Colliers International’s Adam Rubie and Brendan Hogan, is on Plucks Rd, 11km from the Brisbane CBD.

Mirvac has proposed 77 three and four-bedroom townhomes on the site, each with two carparks, along with three home sites at Arana Hills. It will also boast elevated aspects to nearby green corridors, and a recreation area with a pool.

The company also acquired a 6ha parcel at Ashmore St, Everton Park, just 7km from the Brisbane CBD, in March for $13.25 million, in a deal brokered by Ray White Commercial’s Matthew Fritzsche and Andrew Burke.Mirvacs-planned-project-at-Arana-Hills

The planned development at Everton Park will feature 139 lots, including 54 home sites and 85 three and four-bedroom townhomes, all with double lockup garages.

The proposal also includes exclusive resident facilities with a pool and recreation centre, a native vegetated area bordering Kedron Brook cycle path and the retention and restoration of a heritage Queensland home, located at the community’s entrance.

Mirvac Queensland residential general manager Warwick Bible said the projects complemented Mirvac’s fast-growing residential portfolio in Queensland.

“We’re actively pursuing opportunities and progressing projects in key growth precincts across southeast Queensland and see Brisbane’s middle suburban ring as a prime location,” he said.

“Everton Park is a suburb we know well, having completed and sold-out of our $30 million Greystone Terraces community late last year, with all 56 homes purchased within 18 months.

“Demand for home sites and townhomes in this precinct remains extremely strong and we believe these planned new developments will also be well received.”

Mirvac is anticipating launching both communities in 2018, pending approval from the Brisbane City Council.

 

Source www.couriermail.com.au

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What $600,000 will buy in the Everton Park Region

what can $600,000 buy in Everton Park region

Recently the Treasurer Scott Morrison has been calling on state and territory governments to do more to stop house prices ballooning.

The amount households are borrowing from the bank is getting more disproportionate to their pay packet.

In Brisbane

The median weekly income per household in Brisbane is $1,388.

The average house price in Queensland’s capital was $497,000 in June 2016. This was 4.3% higher than the year before.

Prices haven’t risen in Brisbane as steeply as in Sydney and Melbourne, as the average price tag for a home was only $325,000 10 years ago.

So what can $600,000, get you in the Everton Park region.

McDowall

mcdowall-real-estate-what-600k-buys

7 Marx Street Mcdowall, QLD, 4053

This 3 bedroom, 2 Bathroom and 2 car garage, property on 587 m2, sold recently for $610,000.

Stafford Heights

stafford-heights-real-estate-what-600k-buys

22 Mumbil Street Stafford Heights, QLD, 4053

4 bedrooms, 2 bath, 2 car on 650m2 sold for $600,000

This is a very spacious family home that has been well looked after.

Stafford

stafford-real-estate-what-600k-buys

18 Karbala Street Stafford, QLD, 4053

3 bedroom, 1 bath, 1 car accomodation, on 610m2  sold for $607,000

This is currently a rental property returning a great yield.  The property is suitable for further development and has city views.

Everton Park

everton-park-real-estate-what-600k-buys

4 Ballinderry Street Everton Park, QLD, 4053

4 Bedrooms, 2 bathrooms, 2 car garage on 600m2 and sold for $607,000

A quality home that has been recently renovated with plenty of outdoor entertaining spaces.

Alderley

alderley-real-estate-what-600k-buys197 Raymont Road Alderley, QLD, 4051

3 Bedrooms, 1 bath 1 car accomodation on 375m2, sold for $585,000

This typical Queenslander located close to the city, has all of the charm of yesteryear.

Arana Hills

arana-hills-real-estate-what-600k-buys

83 Minto Crescent Arana Hills, QLD, 4054

This 4 Bedroom, 2 Bath, 2 Car Garage property on 658 m2 sold for $597,500

It was described as a luxuriously renovated ultra modern home with all of the creature comforts needed to relax.

Whilst $600,000 might not be a first home for many, it is clear that you can buy a whole lot of house in fantastic locations in the inner North West.