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Revealed: The Brisbane suburbs that defied the housing downturn

first_img“I put it down to the liveability of the suburb,” Ms Fraser said. “The community Chelmer embraces is so rare and that’s why so many people flock there — the beautiful homes, the infrastructure we have, the schooling, the railway line, and the easy access to the CBD.”Northgate experienced house price growth of 25 per cent in the year to September, despite general weakness in the overall housing market.Unlike Chelmer, it has a more affordable median house price of $733,500, but bargains are becoming harder to find. This house at 51 Junior Tce, Northgate, has sold for $1.05m.Rebecca and Marko Vuksanovic have just sold their house at 51 Junior Terrace in Northgate for $1.05 million, making a healthy profit on what they bought it for six years ago.“We were quite pleasantly surprised,” Mrs Vuksanovic said.“It was a bit of a record for this little pocket and sold after the first open home.”The couple are relocating overseas, but could not be happier to have invested in the suburb.“It was perfect for us,” Mrs Vuksanovic said. “My husband and I both work locally, it’s got awesome proximity to the city, the airport and freeways north and south. “We just think it’s the perfect suburb.” More from newsParks and wildlife the new lust-haves post coronavirus11 hours agoNoosa’s best beachfront penthouse is about to hit the market11 hours agoThis three-bedroom, one-bathroom house at 145 Gympie St, Northgate, is for sale for offers in the mid $800,000s.Selling agent Dwight Colbert of Ray White – Aspley Group said he had noticed “continuously strong” growth in Northgate in the six years he had been selling homes there.Mr Colbert said he had sold more than 20 homes in the suburb in the past 12 months and part of its appeal to buyers was its proximity to the airport, Northgate train station and the CBD.“I think everyone thinks Northgate is the older suburb, with older homes, but … people udnerestimate the value of the homes in Northgate,” Mr Colbert said. “It is now becoming one of those attraction locations people want to be in.”The Ipswich region also featured prominently on the list of suburbs to record double digit house price growth in the year to September. This three-bedroom house at 18 Gibbon St, East Ipswich, is on the market for only $395,000+.The median house price in Ipswich rose 20 per cent to hit $385,000, while North Ipswich experienced 12 per cent growth and Ripley recorded an 11 per cent increase in its median house price to $415,000. Greater Brisbane’s top 10 suburbs to defy the downturn. Source: Realestate.com.au.On the Gold Coast, premium suburbs with homes with $1 million-plus price tags recorded the highest growth.Suburbs such as Kingscliff, Paradise Point, Clear Island Waters, and Surfers Paradise weathered the downturn — recording double digit price growth. Now that buyers are back and auction clearance rates are improving, some experts are calling the bottom of the market.SQM Research managing director Louis Christopher said he believed Brisbane home prices were “close to fair value” after an extended period where there was a wind-down of housing prices relative to incomes.“The worst overvaluation recorded was early 2008 whereby the market was 45 per cent overvalued,” Mr Christopher said. “This occurred as a result of the Brisbane housing boom of 2003 to 2008 — a period where housing prices doubled in just five years.”Mr Christopher expects the Brisbane market to respond to recent interest rate cuts and relative loose credit for the remainder of the year.“We are forecasting a 0.6 per cent rise in housing prices for the current September quarter and a further 1.5 per cent for the December quarter,” he said. Three Greater Brisbane suburbs made the top 10 list of national suburbs that defied the downturn. Source: Realestate.com.auHouse prices in Chelmer, Northgate and Ipswich jumped at a time when most suburbs around the nation were going backwards. Chelmer and Northgate even beat the affluent suburb of Vaucluse in Sydney.From waterfront enclaves to first homebuyer hot spots, Greater Brisbane’s lifestyle, affordability, amentiy and access to jobs proved just how resilient the city’s housing market is.The leafy riverside suburb of Chelmer, in Brisbane’s west, recorded the strongest house price growth of 31 per cent year-on-year in the 12 months to the end of August, according to realestate.com.au. This five-bedroom, two-bathroom house at 17 Lama St, Chelmer, is for sale.The phenomenal growth saw Chelmer’s median house price increase to $1.29 million.Chelmer residents David and Yvonne Todd are selling their stunning, five-bedroom Georgian-style house at 17 Lama Street after living there for 11 years.Mr Todd said he was not surprised by the growth in the suburb because it had so much to offer.“There’s certainly been a lot of investment in the area from people improving their properties, so we’re certainly very cognicant of the suburb’s performance,” Mr Todd said.The couple was initially attracted to Chelmer because of its proximity to good schools, the fact it was on the train line and the community feel of the suburb.“What is interesting in the area is there seems to be a huge amount of people who live all their lives here, but might move within the area,” Mr Todd said. This family home at 65 Victoria St, Chelmer, is for sale.Now that their three children have grown up and left home, the Todds are looking to downsize and plan to spend more time in Europe.“My wife is a photographer and our youngest son is in Europe … so what we need is more of a lock up and go, rather than a family home,” Mr Todd said.Ann-Karyn Fraser of Place Estate Agents, who is marketing the home, said she had noticed the increase in house prices in Chelmer and the continued strong interest in the suburb and the surrounding suburbs of Graceville and Sherwood. MORE: The suburbs Aussie owners never leave David and Yvonne Todd at the house they are selling in Chelmer, which was the top Brisbane suburb to defy the downturn over the past year.BRISBANE has emerged the capital city least affected by the housing downturn, according to new evidence revealing the suburbs that recorded double-digit growth over the past year.It has been a tough year for the nation’s residential property market, but new research from realestate.com.au shows the Queensland capital weathered the storm better than most capital cities.Brisbane took out three of the top 10 national spots for suburbs that defied the downturn and recorded double-digit growth in the 12 months to September — the only city to do so apart from Adelaide, which also had three suburbs in the top 10. RELATED: QLD leads top 100 list for investorslast_img read more

Liverpool boys swimmers hold off F-M, go to 11-0

first_imgAside from this, Nguyen was victorious in the 200 individual medley in 2:11.74, with Will Allen going 5:25.26 to win the 500 freestyle. Uriy Grabovyy earned 205.45 points in diving to edge F-M’s Connor Gleasman (198.50) for the top spot.And in the opening 200 medley relay, it was Nguyen, Merrick, Brownlow and Wilhelm who swam to a time of 1:43.64 as Merkling, Jack Andrejko, Ian Denny and Ismar Latifagic were second in 1:47.37.Andrejko went 57.88 seconds in the 100 backstroke, just behind the 57.12 from F-M’s Quinn Smith. Foley took second in the 100 freestyle in 52.55 seconds as Wilhelm was second in the 100 butterfly in 1:00.36.Moving on to Saturday’s Burgos Memorial Diving Invitational, Grabovyy picked up 379.95 points, putting him in sixth place as Jamesville-DeWitt/CBA’s Lucas Dekaney won with 477.95 points.Back on Friday, Cicero-North Syracuse won its last meet of the regular season, the Northstars traveling to Auburn and defeating the Maroons by a score of 81-70.John Harbaugh as first in the 100 butterfly in 1:00.22 and posted the fastest 100 backstroke time of 1:08.64. He also helped Seaver Schultz, Logan Petralia and Dom Bagozzi tear to a time of 1:33.33 in the 200 freestyle relay.Connor Burke beat the field in the 200 IM in 2:23.16 after helping Harbaugh, Petralia and Schultz go 1:46.60 in the 200 medley relay, with Petralia speeding to 22.58 seconds in the 50 freestyle as Bagozzi won the 100 freestyle in 55.75 seconds.Share this:FacebookTwitterLinkedInRedditComment on this Story It first happened in the 50-yard freestyle, where the Warriors went 1-2-3, Julien Brownlow taking it in a swift 22.05 seconds ahead of Curtis Merrick (22.94) and Josh Foley (23.95).Over the course of the next four events, F-M rallied and took a 64.5-60.5 lead, only to have it all turn again in the 200 freestyle relay. Again Liverpool swept the top three spots, with Brownlow, Foley, Brayden Catalina and Brandon Nguyen nabbing the victory in 1:34.50.But the meet wasn’t clinched until the 100 breaststroke, when Griffin Merkling, already qualified for the state meet in this race, roared to victory in 1:00.26 and Ryan Wilhelm was second in 1:08.09. Tags: boys swimmingliverpoolcenter_img Once more, the Liverpool boys swim team can celebrate the accomplishment of an undefeated regular season and a Salt City Athletic Conference title.The league championship was already clinched when the Warriors faced Fayetteville-Manlius Friday night at Cazenovia College, but saw its undefeated mark threatened before fighting past the Hornets 96.5-88.5.At three different points in the meet, Liverpool would put together timely sweeps, two of which provided the lead, the other clinching the team win.last_img read more

Florida Ranks Third in the U.S. for Human Trafficking

first_imgCounty Commission and Nancy J. Cotterman Center staff SOUTH FLORIDA – Make no mistake about it. According to the National Human Trafficking Hotline, Florida ranks third in the U.S. in human trafficking cases reported by states, behind only California and Texas.The hotline received more than 41,000 calls and identified 10,949 victims of human trafficking in 2018 experiencing a 25 percent jump from 2017. In 2019, the Florida Abuse Hotline received 201 calls of suspected human trafficking cases of minors verifying 60 of those cases.January is National Human Trafficking Awareness Month, a time to call attention to the growing epidemic here in our community and worldwide. In support of a vision for a community free from human trafficking and to further support awareness, Broward County Commissioners presented a proclamation to the Nancy J. Cotterman Center proclaiming January 2020 as Human Trafficking Awareness Month.“We encourage individuals to speak up and for all communities to stand up for all victims of human trafficking,” said Carol Cook, Director of Crisis Intervention and Support Division.Human trafficking is a form of modern-day slavery by which traffickers profit from the control and exploitation of others. Under U.S. law human trafficking is defined as the transporting, soliciting, recruiting, harboring, providing or obtaining of another person for transport; for the purposes of forced labor, domestic servitude or sexual exploitation using force, fraud and/or coercion.If you or someone you know is a victim of human trafficking, call the Nancy J. Cotterman Center at 954-761-7273 or the National Human Trafficking Hotline at 1-888-373-7888. The Nancy J. Cotterman Center is Broward’s only 24/7 Sexual Assault Treatment and Children’s Advocacy Center. Services provided are free and confidential. Visit Broward.org/NancyJCottermanCenter.last_img read more

Jackson Walkers Houston Office Wins Pro Bono Award

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