News Articles


Redcliffe Line Could Give Property A Boom - October 2017


Properties located along the new Redcliffe Peninsula Rail Line are expected to experience strong growth in value over the coming years, according to the Real Estate Institute of Queensland (REIQ). The $1 billion rail line includes six new stations from Kippa-Ring to Petrie, connecting with the existing rail network and providing fast access to the CBD. The new rail line is expected to be a catalyst for an increase in demand and the potential for capital gains, much like the Gold Coast light rail system, which local agents say has added between $50,000 and $80,000 to properties along its route over the past two years. REIQ CEO Antonia Mercorella said public transport is one of the driving forces of property demand and the new Redcliffe Peninsula Line will benefit home owners in many ways. “The opening of the line will bring the Redcliffe region closer to the city, with travel times reduced for commuters and the lure of hassle free park-and-ride availability,” she sa...

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The best bet for property investors - October 2017


Queensland has more locations than any other state in Australia for property investors chasing potential price growth. The latest Hotspotting National Top Ten Best Buys for 2017 nominated four Queensland locations, Moreton, Sunshine Coast, Redcliffe and Townsville as being among the ten places nationally that were the “pick of the crop’’. Each was selected, according to report author, Terry Ryder, because they were locations with growth drivers that would achieve capital growth above the norm in the future. “They are places on the cusp of a phase of good capital growth,’’ he said. “They’re locations with identifiable drivers of demand for real estate, which will place pressure on prices and rents. Mr Ryder was not surprised to see so many Queensland locations in his top ten. “I think it’s an evolution of the market from the situation that predominated for the last few years when we were talking all about Sydney and then Me...

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How to tell if termites are active in your house - September 2017


If you are concerned about termites in your home, here is an article from Abolish Termite and Pest Management with tips on things to look out for. Nobody likes to think there might be termites in their home doing untold amounts of damage that could end up costing thousands, perhaps tens of thousands of dollars. If you’re concerned at potential signs of termites making their way into your home (or that they might already be there) we’ve put together this extensive list of things we’ve seen over the last several years of going into thousands of Brisbane homes and inspecting them for termite activity to help you correctly identify termites and potential termite damage in your home. Before we jump into the signs of termite activity, it’s worth outlining exactly what a termite is and is not. Many people mistake other insects (certain breeds of ants, for example) for termites and cause themselves unnecessary grief. What’s the difference between termites and ...

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Brisbane is on the cusp of getting its first $3 million suburb - August 2017


Teneriffe is on the cusp of becoming Brisbane’s first $3 million suburb. Already firmly cemented as Brisbane’s most expensive suburb after becoming the first to break the $2 million median, data from PriceFinder shows Teneriffe’s median price has skyrocketed by 41 per cent up to $2,685,000, based on 10 sales so far this year. House prices have grown a staggering 71.8 per cent over the past two years. Local agent Matt Lancashire, principal of Ray White New Farm, says it’s fast on its way to breaking the $3 million median. “Given the way sales are happening in Teneriffe right now along the riverfront, after this (September) quarter there is a very strong chance that it will nudge over $3 million…there’s been some very strong results that are due to settle soon,” Mr Lancashire says. “It’s only a matter of time. And I predict that Teneriffe will finish 2017 with an overall median breaking that $3...

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Qld property markets dominating the nation - July 2017


QUEENSLAND  has dominated the national list of property best buys, with four regions prominent in the top 10. The latest Hotspotting National Top 10 Best Buys report names Moreton Bay, Sunshine Coast, Redcliffe and Townsville property markets as ones to watch. Hotspotting founder Terry Ryder said the areas selected were “the cream of the crop’’ and among the best locations for property investors who were seeking capital growth. Mr Ryder said each of the regions had three, four or more of the core things needed to help drive property price growth. “We expect them to show growth not only in 2017 but well beyond,” he said. “They are all locations we expect to show steady growth over the longer-term.’’ Mr Ryder said he selected the Moreton Bay region because it had affordable housing, there was about $980 million in spending on major new infrastructure and a new university precinct. He said four of the core suburbs in the region had...

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Real Estate Continues to RISE in Capital Cities - July 2017


House prices have risen in most of Australia’s major capital cities while auction clearance rates have increased in all but two. The battle for top ranking in annual median home price movements continues between Melbourne and Sydney, with their prices up 15.5 per cent and 13.1 per cent, respectively. Meanwhile, Brisbane recorded a 3.7 per cent annual lift and Adelaide prices rose 2.2 per cent, but Perth fell 2.4 per cent, data from property analytics firm CoreLogic show. Combined, capital city prices were up 10.6 per cent on the same time last year. Over the week to July 9, the picture was similar, with Perth the only major capital to record a drop in home values, of 0.6 per cent. Melbourne again was out in front, with its median home price lifting 1.4 per cent, followed by Sydney with a 0.6 per cent rise, Brisbane gaining 0.3 per cent and Adelaide edging 0.1 per cent higher over the week. The number of homes up for auction has continued to slide with 1,751 proper...

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