Vacant lot values in Brisbane have jumped 9% in 12 months

first_imgMedian price per square metre. Quarterly Market Insights report – Oliver Hume Oliver Hume are the sales and marketing agents for a number of projects around SEQ, including Tribeca’s OTTO project at Coomera; Carver’s Reach project at Park Ridge for Golden Gate Property, the Arcadia Park Ridge project for developer Goldengrove; and a soon-to-be-launched project at Ripley. They will also be launching a new campaign for Oliver Hume Property Fund’s The Verge project at Logan Reserve.Locally, Oliver Hume Queensland general manager Matt Barr said southeast Queensland, like most major markets, was seeing an increasing demand for smaller lots.Mr Barr said declining lot sizes meant the median price for any one market does not always reflect the true scope of price changes. To get a more accurate picture of prices, Oliver Hume tracked the average value rate of land, or the price per square metre for sales.As at the March quarter the average in the Brisbane LGA was $961 a square metre, which was up 0.4 per cent for the quarter and 11 per cent for the year. Oliver Hume national head of research George BougiasMore from newsParks and wildlife the new lust-haves post coronavirus12 hours agoNoosa’s best beachfront penthouse is about to hit the market12 hours ago“The improvement is gradually helping to lift the state’s share of national output with the state returning to trend as one of Australia’s faster growing jurisdictions,” he said. “These factors have been the only thing supporting the southeast Queensland market in recent times.”Greater certainty following the election coupled with expectations of a rate cut, the decision to wind back the serviceability criteria imposed on banks and the promise of a new federally-funded first home buyer incentive is also expected to create momentum in the market, Mr Bougias said.“These factors combined with robust population growth and a stable employment market create the perfect recipe for some solid growth in volumes and sales.” Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:50Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:50 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenDifferences between building in new or established estates01:50HOUSE values may have dipped, but vacant lots of land remain a property gold mine.Buyers are even snapping up old, rundown houses in bluechip suburbs only to knock them down and build their dream home. New research from Oliver Hume has revealed that the median price for a vacant lot in the Brisbane local government area increased 9 per cent in the past 12 months. You’re not dreamin’. Land values in the Brisbane LGA have jumped 9 per cent in 12 months.Not far behind with 7 per cent growth was the Gold Coast LGA, where the median lot price has risen to $341,200.Land in Ipswich (3%), Logan (2%) and Redland (1%) also experienced price growth, while the Moreton Bay property powerhouse saw its median price for lots fall 3 per cent over the quarter, and 5 per cent over the year.Oliver Hume national head of research George Bougias said the Queensland economy was continuing to improve, buoyed by gas exports, tourism and population growth.center_img Vacant land close to the Brisbane CBD may be scarce, but it hasn’t stopped buyers from snapping up available land on its outskirts The Ipswich LGA was the most affordable region, with an average value rate basis of $498 a square metre.While the Brisbane LGA experienced the greatest increase in average value rates (11%), the Moreton Bay LGA experienced the greatest relative decline in lot sizes, which were down 8 per cent. Land ranging from 300 to 400sq m continue to be the most popular lot sizes. “In recent years an increasing share of smaller lots have been sold. For example over the period from the December quarter 2017 to the March quarter 2019 the share of lots sold sized 601 tp 1000 sqm has decreased from 14 per cent to 9 per cent,” Mr Barr said.“Over the same period the share of lots sold sized below 300 sqm has increased from 6per cent to 10 per cent.” Oliver Hume’s Quarterly Market Insights (QMI) report, to be released today, will reveal that the median price for land has continued to edge higher in the March quarter, adding to the gains achieved over the last 12 months. The Brisbane LGA recorded the strongest growth, with the median lot value increasing 9 per cent from $352,375 to $385,375 in the year to the end of March. last_img read more

Kraemer Ties Program Record To Lead Bulldogs Past Moundbuilders

first_imgStory Links Box Score (HTML) Sophomore Mitch McFarlane led the young receiving corps with seven catch for 152 yards and three touchdowns. Fellow sophomore Daeonte Calvert caught four passes for 45 yards. Kraemer’s six touchdown passes tied Ira Vandever’s performance against San Deigo in 2002. Kraemer ended up throwing for 313 yards and completed 20-of-27. Junior Danny Donley kept the Bulldogs prefect in the red zone with a pair of field goals, 43 yards and 26 yards, respectively. The second-half was all Drake. The Bulldog defense smothered the Moundbuilders as they didn’t allow a first down and gave up just five yards of total offense. Listen Live Watch Live On the first play of the second-quarter, Kraemer found Devin Cates in the middle of the end zone for his first career touchdown catch and put Drake up 14-0. Fifth-year senior Tanner Evans led the defense with five tackles, two for a loss and a sack. Mack Marrin recorded four stops, including a game-high two sacks.Offensively, Kraemer found McFarlane for the third time in the third-quarter and then completed his sixth touchdown pass to Connor Ostrander early in the fourth. Next Game: Box Score (PDF) The Bulldogs wasted little time to get on top of the Moundbuilders as Kraemer completed 66-yard touchdown pass to McFarlane on the second play of the game. “Grant did a great job. He managed the offense really well, he didn’t force it and that’s what you got to do, especially as a mature quarterback,” said Drake head coach Rick Fox. “We’ve got a nice young group of receivers and it was good for them to have some success tonight and feel that, because we think that group looks pretty good moving forward.” Preview Buy Tickets Live Stats 1350AM ESPN Des Moines The Bulldogs were put in exceptional field position to start the second-quarter because of Cooper Christiano’s first career interception that ended the opening quarter. The Bulldogs’ offense was put in good field position again, but this time courtesy of the special teams. Cates got his hand on SC’s Mario Esparza punt, resulting in a 17-yard punt and putting DU’s offense on Southwestern’s 42-yard line. at South Dakota State 9/16/2017 – 6 p.m. Sophomore Jacob Clay capped off the Bulldog scoring with a one-yard touchdown run in the final minutes of the game for a final score of 55-14. The Moundbuilders managed to get on the broad late in the second-quarter and then took advantage of a Bulldog miscue in the final minute to cut their deficit to 28-14 at halftime. The Bulldogs will begin the road portion of their schedule next week as they travel to No. 4 South Dakota State on Sept. 16. Kickoff is set for 6 p.m. Kraemer and company took full advantage of the short field as Kraemer threw a 14-yard touchdown pass to senior Cole Neary to extend Drake’s lead 21-0. On the Bulldogs’ next possession, Kraemer orchestrated six-play 65-yard scoring drive, which was capped off by a 25-yard touchdown pass to McFarlane. Full Schedule Roster DES MOINES, Iowa – Senior quarterback Grant Kraemer tied the program record with six touchdown passes to lead the Drake University football team past Southwestern College (Kan.), 55-14, Saturday night at Drake Stadium.  Print Friendly Versionlast_img read more

Clover supports its 40 Mamas

first_imgClover Mamas are ordinary ladies doing extraordinary work to make life better for other South Africans in need. (Image: Clover)There are 40 Mamas throughout the country who are making a visible and vital difference in the lives of children and the elderly. These Mamas are part of Clover SA’s biggest corporate social investment programme, Clover Mama Afrika.The Clover Mamas each run successful care centres throughout South Africa, and collectively take care of more than 15 500 children and 2 500 elderly people, many of whom are abused, orphaned, homeless and vulnerable. The programme began in 2004.Clover, the food and beverages group, empowers the Mamas with vital skills such as: cooking, baking, sewing, crocheting, business management, food gardening and bread baking skills. Over and above the training, the women are all supplied with the necessary tools, equipment and infrastructure to create an income for their communities.In 2014, Clover Mama Afrika received the Rural Development Award at the second Annual South African Premier Business Awards, hosted by the Department of Trade and Industry. It won for recognising and promoting community projects that were part of the government’s strategic interventions in poverty alleviation.Now, the managing team of the Clover Mama Afrika Trust is on the road visiting the Clover Mamas for the #40Mamas4Change 2015 National Roadshow. The trip was made possible by its sponsor, MiX Telematics, a global provider of fleet and mobile asset management solutions.KEEPING COMMUNITY ROOTSThis year, the roadshow started in Polokwane and in the last week of August, moved to KwaZulu-Natal, covering a substantial 2 552km. By the end of the roadshow, in December, the Clover Mama Afrika Trust managing team would have covered 7 204km.While on the roadshow, the team consults no more than two Mamas a day to establish their progress in their respective projects and identify what they need to continue their good work. Besides attending to the needs of the Mamas and their community centres, the roadshow allows the team to evaluate where each Mama is in terms of her progress.“When this time of year rolls around, the team is excited to visit the Mamas in their own homes and centres,” said Professor Elain Vlok, the corporate services manager of Clover SA and Clover Mama Afrika Trust.“Throughout the year we meet at training sessions which are usually not in their hometowns, so when we do the roadshow, we try to spend as much time with them to ensure that we receive all the information we need to update the auditors and provide further assistance, as well as enjoy a nice cup of tea and usually some baked goods freshly made from their ovens.”Vlok said the Mamas’ progress was evaluated and their financial status analysed; then assistance was given through financial education while their needs were assessed.“For the fourth year in a row we have supported this important cause,” added Mariette Myburgh, the divisional director of customer service at MiX Telematics (Africa), “as we believe by truly understanding the needs of each Mama, we can facilitate their access to skills and relevant equipment.“Thus, not only enabling them to support themselves and to grow their own business but to share their skills and empower the larger communities around them. Through this, we are not only creating employment but contributing to South Africa’s larger growth objectives.”For more information on the Clover Mama Afrika project visit its website.For updates on the roadshow, log on to the Clover Mama Afrika Facebook page or follow 40Mamas4Change on Twitter.last_img read more

Japan benefit from home advantage to edge towards tier-two breakthrough

first_imgGregor Townsend may have had Russia to prepare for this week but the attention of the Scotland coach drifted towards Sunday’s (hopeful) showdown – Typhoon Hagibis notwithstanding – against the hosts Japan and the stark fact that victory may not be enough to prevent his side from making an early exit for the second time in the last three World Cups.Scotland, who must take four more points from the Pool A finale than the hosts to reach the quarter-finals, had already noted preferential treatment for Japan in the way their games are spread out with no short turnarounds, not that it did England much good four years ago.Townsend queried a refereeing decision made during the last knockings of Japan’s 38-19 victory against Samoa when they had won the match but not secured a try bonus point. … we have a small favour to ask. More people are reading and supporting The Guardian’s independent, investigative journalism than ever before. And unlike many new organisations, we have chosen an approach that allows us to keep our journalism accessible to all, regardless of where they live or what they can afford. But we need your ongoing support to keep working as we do.The Guardian will engage with the most critical issues of our time – from the escalating climate catastrophe to widespread inequality to the influence of big tech on our lives. At a time when factual information is a necessity, we believe that each of us, around the world, deserves access to accurate reporting with integrity at its heart.Our editorial independence means we set our own agenda and voice our own opinions. Guardian journalism is free from commercial and political bias and not influenced by billionaire owners or shareholders. This means we can give a voice to those less heard, explore where others turn away, and rigorously challenge those in power.We need your support to keep delivering quality journalism, to maintain our openness and to protect our precious independence. Every reader contribution, big or small, is so valuable. Support The Guardian from as little as $1 – and it only takes a minute. Thank you. In the second half, Italy had a lineout from close to the same position. The throw was so not straight that the target could barely get a finger tip on his outside arm to touch the ball. Canada secured the ball but only after a knock-on. So there was a scrum. To Italy.Tier-two nations have long complained that, on balance, refereeing decisions go against them but will there be a role reversal on Sunday with Scotland cast in the role of the emerging and Japan enjoying the status of the arrived.There will not be many neutrals in the ground, the venue for the final and the scene of Scotland’s opening-round collapse against Ireland, and the home supporters are now unashamedly partisan.The world game, never mind the tournament, would receive a needed stimulus should Japan make it to the quarter-finals and a potential return encounter with South Africa, the team they defeated to ignite the 2015 tournament. Gregor Townsend’s faith in Scotland decider going ahead seems misplaced • This is an extract from our weekly rugby union email, the Breakdown. To subscribe, just visit this page and follow the instructions. Since you’re here… Pinterest Support The Guardian Share on WhatsApp Rugby World Cup Topics The Breakdown Read more Rugby union Share on Pinterest Time was up when Samoa were awarded a penalty five metres from their line. Instead of kicking the ball dead, they opted for a scrum with a token bonus point to be won. The referee, Jack Peyper, awarded Japan a free-kick for a crooked feed – a rare call – and within a few seconds Kotaro Matsushima had scored his fourth try of the tournament to make Scotland’s task that little bit harder.“I think it is an incredible call,” Townsend said. “It is not something that has been refereed and there has been an agreement that there is more latitude for scrum-halves putting in the ball because you are the team that has won the scrum. To see it in a World Cup really surprised me. To see it in injury time for a gamechanging decision was an even bigger surprise.”Leaving aside debate about typhoons and what should happen in their event, there is a history of hosts being on the right end of dubious on-field decisions, although England were not so blessed: the 2011 World Cup final when France blamed Craig Joubert for their one-point defeat by the hosts New Zealand; the 2007 quarter-final when, conversely, New Zealand alleged Wayne Barnes was biased towards the French; no one was allowed to scrummage against Australia in 2003 and then there was the 1995 semi-final between South Africa and France when the result, had the television match official system been in place, would surely have gone the way of the French.Townsend did not have to claim there was a conspiracy to give Japan the best chance of making the last eight and fulfilling World Rugby’s ambition of having one tier-two nation in the quarter-finals but the suggestion was left hanging in the air. The hosts will have had eight days between matches when the sides meet; their opponents four. Home advantage indeed.And yet Canada were penalised for a crooked lineout on their 22 early in their match against Italy in Fukuoka. The referee was Nigel Owens, the most experienced in the tournament, and the throw was, by the standards that now seem to apply, not that wonky. One scrum later and Italy had their first try. Scotland’s head coach Gregor Townsend has expressed surprise at the decision that enabled Japan to score a late try against Samoa. Photograph: Adrian Dennis/AFP via Getty Imagescenter_img Japan rugby union team Rugby World Cup 2019 The past three weeks have shown there is an audience for rugby in Japan but more than that there is commercial interest. Had World Rugby’s proposed Nations League not been stillborn earlier this year, Japan would have joined the Rugby Championship, along with Fiji, a move that would have been transformative.It may still happen, although, alas, not for Fiji because, without the cash injection World Rugby had pledged, they would bring no commercial value. Japan are different and it has been notable that advertisements on trains and the subway now feature local players prominently.The Rugby Championship countries are negotiating a new television deal for another four years at a time when Super Rugby’s allure is fading, having lost so many players to Europe and Japan. South Africa have wondered aloud about joining the European countries because it would be more financially lucrative but Japan have given pause for thought.No Nations League means the south will continue to lag behind the north financially but Japan may prove to be the land of opportunity. The TV audience share for the match between Japan and Samoa was more than 46%, reckoned to be the biggest live audience in the country this year, and 150,000 supporters crammed into the fan zones.Japan making the quarter-finals would only enhance their value. At the start of the tournament there was an assumption they would target the Scotland game but their coach, Jamie Joseph, had Ireland in mind all along.The result was an explosion in interest in Japan and Scotland are now being billed as the fall guys. They will not accept the role come Sunday but it is not only because Japan are the hosts that they are in such a position. Share via Email Facebook Share on Twitter features Share on Facebook The Breakdown: sign up and get our weekly rugby union email. Read more Share on LinkedIn Twitter Rugby World Cup: England v France off and Japan v Scotland under threat from Typhoon Hagibis Share on Messenger Reuse this contentlast_img read more

Highlights from the auditor generals reports

first_imgOTTAWA — Highlights from the 2018 auditor general’s reportNew planes, no pilotsCanada’s $500-million purchase of used CF-18 fighter jets from Australia will be hamstrung by the ongoing problem that the air force does not have enough pilots to fly them or technicians to keep them in the air. The military has warned the government about this for years.Military more aware of sexual assaults but supports lackingThe Canadian Forces are doing better at encouraging members to report instances of sexual misconduct but help for people who’ve suffered in the ranks is inadequate.Unprotected embassies and consulatesAbout half of Canada’s diplomatic corps works in places where there’s danger from terrorism, espionage or armed conflict. Spot-checks of Canada’s missions abroad found all of their security plans are lacking in some way, from outdated or nonexistent threat assessments to missing or broken equipment.Heritage buildings unprotectedThree federal bodies that are responsible for more than two-thirds of the government’s historic structures don’t have adequate plans to protect them. National Defence, Fisheries and Oceans, and Parks Canada don’t even have a handle on what buildings they own, let alone resources and strategies for conserving delicate heritage sites.No budget for high-speed rural Internet means no planGovernments have talked for years about extending broadband internet to almost every inhabitant of Canada but with no budget to put behind a plan, none has ever been developed. Rural and remote areas risk being left behind by the digital economy.CRA treats different taxpayers differentlyThe level of service you get from the Canada Revenue Agency depends on which regional office you deal with, which months-long delays varying from place to place.Parolees aren’t getting out on paroleA shortage of community-supervision options means that federal inmates who are entitled to parole aren’t getting out because there’s nowhere approved for them to go. Sometimes the delays stretch into months.The Canadian Presslast_img read more

Minerva train but miss prematch meet AIFF calls it blatant disregard

first_imgBhubaneswar: Barely hours before the tournament’s scheduled kick-off, the Super Cup was shrouded in uncertainty with Minerva Punjab FC giving the customary pre-match conference and meeting a miss, prompting the All India Football Federation to label it as “blatant disregard”. A cloud of uncertainty hung over the fate of the tournament after eight I-League clubs Tuesday pulled out citing unfair treatment by the All India Football Federation (AIFF). “While representatives from three clubs — FC Pune City, Kerala Blasters FC and Indian Arrows — were present on both occasions, Minerva Punjab FC did not attend either despite being present in Bhubaneswar,” the AIFF said in a statement. “This is extremely disappointing, and a blatant disregard for the federation,” the apex body added. As per the schedule, former I-League champions Minerva Punjab are slated to play Indian Super League franchise FC Pune City on Friday, the opening day of the qualifiers. In case Minerva Punjab stick to their decision to withdraw, the AIFF said the “rules and regulations of the tournament will be invoked”, and the matter forwarded to the relevant authority for further action and decision. The Super Cup is scheduled to be held in Bhubaneswar, with the qualifiers starting from March 15. The final is slated for April 13. Minerva, along with seven other teams, had Tuesday pointed out that the I-League clubs are being neglected in all aspects by the country’s football federation. The clubs said it had written a letter to the AIFF in February regarding multiple concerns such as the future of the league but they are “yet to hear back” from the federation. Minerva also highlighted how the AIFF has “not provided any financial assistance to the participating teams” despite having a title sponsor for the event. With no AFC competitions also on offer, the club felt the competition lacked any incentive for the teams.last_img read more

Housing market affordable in all 7 big cities except Mumbai

first_imgNew Delhi: Stable prices and lower interest rates on home loans have made housing market affordable in all major cities of the country except Mumbai, according to property consultant JLL India.Hyderabad was the most affordable housing market in 2018, followed by Kolkata and Pune, the consultant said in its annual Home Purchase Affordability Index (JLL HPAI) launched on Wednesday. The index analyses affordability across key seven cities (Mumbai, Delhi NCR, Bengaluru, Chennai, Pune, Hyderabad and Kolkata) for 2011 to 2018 after factoring in home loan interest rates, average household income and price of a 1,000 sq ft apartment. Also Read – Thermal coal import may surpass 200 MT this fiscalThe index signifies whether a household earning an average annual income (at an overall city level) is eligible for a housing loan to buy a 1,000 sq ft residential property in the city at the prevailing market price and home loan interest rate. “It is interesting to note that only Hyderabad out of the seven cities covered as a part of our study was affordable in 2013 whereas the situation flipped positively by 2018. In 2018, all the cities except Mumbai crossed the affordability threshold as per JLL HPAI,” the consultant said. JLL India’s CEO & Country Head Ramesh Nair said the company aims to share a holistic perspective which could act as a feeder into strategic decision making for developers and policy makers. “Favourable home loan rates backed by stable price have resulted in improved affordability across cities from 2014,” Nair added. JLL India’s Chief Economist and Head of Research Samanthak Das said the affordability levels would continue to improve over the next three years for all seven cities.last_img read more

Jamaica Finance Minister reiterates call for Banks to lower interest rates

first_imgFacebook Twitter Google+LinkedInPinterestWhatsApp#Jamaica, November 20, 2017 – Kingston – Minister of Finance and the Public Service, Hon. Audley Shaw, has reiterated his appeal for financial institutions to provide low-interest funds to the productive sector.  He said that for business innovation to strive, money loaned to the sector should not be at more than seven and eight per cent.Mr. Shaw, who was delivering the keynote address at the launch of the May Pen Business Improvement District (BID) in Clarendon on Wednesday (November 15), said the Government is committed to ensuring that “cheaper money” reaches the business community.   He noted that Jamaica was able to raise US$1 billion on its most recent foray into the international capital markets at 4.5 per cent and five per cent rates of interest, which was used to liquidate a number of high-interest loans.  He informed that the Government was initially looking to source US$300 million, but, due to the improved management of the economy, up to US$3 billion was on offer.“If the Government can borrow on the international capital markets at 4.5 and five per cent, it means that we must be able to deliver money to the private sector at less than 10 per cent,” the Minister contended.BID is an initiative of the Clarendon Municipal Corporation to manage the town’s growth thrust.   The BID is also an economic development tool that brings together business leaders, the Corporation, and other stakeholders to craft solutions for the district.Release: JIS Related Items: Facebook Twitter Google+LinkedInPinterestWhatsApplast_img read more