Part of the outdoor area of the property at 86 Bulimba Street, Bulimba, after the reno. Picture: AAP/David Clark.Archicentre Australia director Peter Georgiev said it was a good time to renovate or construct a tailor-designed dwelling, given the low interest rate environment and competitive construction pricing widely available.“However, it is extremely difficult for average Australians to know what costs are involved in the many aspects of construction, which make budgeting purely guess work,” Mr Georgiev said.Greg and Sandy Ripps spent around $650,000 completely refurbishing their 1925 workers’ cottage.The property was raised and converted into two levels and a 12m extension added to the rear.Mr Ripp said he took great care to make the connection between the original building and the modern add-ons seamless. The back of the property at 86 Bulimba St, Bulimba, before the renovation. The back of the property at 86 Bulimba St, Bulimba, after the renovation.The Ripps are no strangers to the renovating game. They’ve done it for most of their lives, although usually for other people.Now they’ve decided to make a living out of their passion for buying, renovating and selling homes for themselves.And research shows they’re not alone.Independent housing analyst Michael Matusik believes close to two-thirds of the detached houses resold across southeast Queensland over the past decade have had a renovation between sales. “Furthermore, we have found that in one out of four cases, the renovation costs were close to half of the previous purchase price,” Mr Matusik said. “And in 10 per cent of cases, the cost of this renovation actually exceeded the cost of the previous total purchase price.”A new report by the Housing Industry Association reveals the renovations market is set to boom in the coming decade.It found a detached house building boom took place in the second half of the 1980s decade, which means those houses will enter the prime renovations age group over the next 10 years and provide a solid basis for growth in home renovations activity.Nationally, renovations are set to lift by 1.8 per cent in 2018/19, 2.8 per cent in 2019/20 and another 3.4 per cent in 2020/21 — lifting the value of Australia’s home renovations market to $35.93 billion. CHOOSE LIFE, CHOOSE THE BLOCK More from newsParks and wildlife the new lust-haves post coronavirus17 hours agoNoosa’s best beachfront penthouse is about to hit the market17 hours agoThe back deck of the house at 86 Bulimba St, Bulimba, before the renovation. The front of the house at 86 Bulimba St, Bulimba, before the renovation. The bathroom in the house at 86 Bulimba St, Bulimba, before the renovation. The kitchen at 86 Bulimba Street, Bulimba, after the reno. Picture: AAP/David Clark. The kitchen in the house at 86 Bulimba St, Bulimba, before the renovation. One of the bathrooms in the house at 86 Bulimba St, Bulimba, after the renovation.“It was crying out to be expanded because it was too small for most average families,” Mr Ripps said.“We live in the area so we were consistently looking and know everything that’s going on the market. We were just waiting for the right one.”That’s when the couple spotted 86 Bulimba Street. GOVERNMENT’S $8M LAND WINDFALL The outdoor entertaining area at the rear of the property at 86 Bulimba St, Bulimba, after the renovation. Sandy and Greg Ripps spent just six months fully renovating their property at 86 Bulimba St, Bulimba. Picture: AAP/David Clark.FOR Brisbane builder Greg Ripps, there’s nothing quite like standing back with a cold beer and admiring his hard work.And that’s just what the 59-year-old did after completing his latest major renovation project in Bulimba.Mr Ripps and his interior designer wife, Sandy, spent six months, seven days a week, transforming a “cute cottage” in one of the suburbs’ most exclusive streets into a family home that marries modern-day luxury with traditional charm. GET THE LATEST REAL ESTATE NEWS DIRECT TO YOUR INBOX HERE The facade of the property at 86 Bulimba St, Bulimba, after the reno. Picture: AAP/David Clark.Upstairs, five bedrooms surround an additional living space and a central family bathroom complete with freestanding bath and powder room.The master bedroom has a bay window, ensuite and walk-in robe.Mr Ripps said he thought the home would best suit a family with young children or a retired couple wanting room for their grandchildren to visit.But he admits it will be hard to let the property go.“It’s always hard when I finish a big project because I spend so much time on the land that I feel it never ends,” Mr Ripps said.“It is always disappointing, until I start that new project and away it goes again.”The property at 86 Bulimba St, Bulimba, is for sale by negotiation through Cathy Richards of Place Bulimba. The kitchen has 2Pac cabinetry and quartz and Caesarstone benchtops. Picture: AAP/David Clark.The galley kitchen is equipped with 2Pac cabinetry, a walk-in butler’s pantry and a full suite of Smeg appliances. Also on the lower level is a bathroom, laundry and media room. The living room in the home at 86 Bulimba Street, Bulimba, after the reno. Picture: AAP/David Clark.“The original part of the house is untouched and I think it’s hard to find the transition between old and new because of the way we’ve married the extension into the existing property and extended the theme upstairs,” he said.Traditional features such as VJ walls, stained glass windows and high ceilings work in contrast with modern finishings such as plantation shutters, a spotted gum hardwood staircase and quartz and Caesarstone benchtops.Effort has gone into making the home light and breezy through the use of louvres and glazing. The TV room in the house at 86 Bulimba St, Bulimba, before the renovation.
Overwhelming response to new Herston development Mr Monahan said the development had achieved a six-leaf EnviroDevelopment Certification due to a strong emphasis on sustainability through eco-friendly design elements. An artist’s impression of what the building will look like dusk at Amparo by Mosaic.Mosaic managing director Brook Monahan said the position meant the view would never built out, which offered maximised growth potential. “Not only does it have a highly sought-after northeast aspect and a protected view corridor, but all kitchens and bathrooms are 100 per cent custom designed, right down to the tiniest detail,” Mr Monohan said.“The attention to detail is flawless, Amparo will be a truly special place to live.”He said Mosaic took a “holistic” approach to their developments and the entire project would be managed in-house. The proposed view from Amparo’s penthouse.A Taringa development will offer the chance to secure never-to-be-built out city views with a northeast aspect.Mosaic’s latest project Amparo at Taringa, is set to be built in a protected corridor at an elevated position on Swann Rd. >>FOLLOW EMILY BLACK ON FACEBOOK<< More than 150 new homes earmarked for Wooloowin MORE: More from newsParks and wildlife the new lust-haves post coronavirus16 hours agoNoosa’s best beachfront penthouse is about to hit the market16 hours agoAn artist’s impression of the kitchen space.“We control every individual process involved, from the research, feasibility and due diligence before purchasing a site, all the way through design, construction, to the managing of your investment, ensuring you receive the best possible returns and that the property stays in the best possible condition well into the future.”Mr Monahan said once completed the $18 million development would be five-storeys tall, with two ground floor terrace residences opening on to private courtyards. An artist’s impression of the bathroom.Mosaic lead architect Peter Navin said the development employed timeless architectural elements, and would add a new twist of style to Taringa with its spacious, light-filled apartments and carefully selected designer fixtures.“Penthouse apartments are pavilion-inspired, boasting a stylish and functional thin-profile floating roof form with large overhangs to provide extended shade,” Mr Navin said.“The top-floor apartments are defined by floor-to-ceiling glazing to capture the best of the site’s northern aspect.“Stunning vistas are available to all residents with a rooftop communal area positioned to capture the leafy suburban aspect and mountain views. “(There will be) three levels with four luxury apartments, all with views of the city or suburban outlooks and crowned by one three bedroom prestigious residence with outstanding views, as well as one two bedroom apartment, which one of our key staff members has purchased as an owner occupier.”
This penthouse apartment at 701/21 Pixley St, Kangaroo Point, sold for $4.2m.“We saw three times the normal amount of buyers come through those properties than average because of the infrastructure being built in the area,” Mr Bacon said.“The western side of Kangaroo Point is very sought-after — we call it the ‘millionaires’ row’.” This apartment at 505/21 Pixley St, Kangaroo Point, has sold for $2.5m.Selling agents Michael Bacon and Simon Caulfield of Place – Kangaroo Point said buyers had been flocking to buildings like 21 Pixley Street to capitalise on the level of convenience such developments would offer in the coming years. The view from one of the bedrooms in the apartment at 505/21 Pixley St, Kangaroo Point.The property had been due to go to auction on November 29, but was pounced on by a local buyer.More from newsParks and wildlife the new lust-haves post coronavirus15 hours agoNoosa’s best beachfront penthouse is about to hit the market15 hours agoLocal real estate agents say projects such as the Howard Smith Wharves precinct and Queen’s Wharf are “game changers” for the inner city housing market. This apartment at 505/21 Pixley St, Kangaroo Point, has sold.“People purchasing in (Watermark) are spending a couple of hundred thousand to renovate it, but with the knowledge they’ll never be built out, they have a direct riverfront property and, arguably, Brisbane’s best river and city views,” Mr Bacon said.The other two sales in the building this year were the penthouse at 701/21 Pixley St for $4.2 million and a sub-penthouse at 901/21 Pixley St for $4 million. The view of the Brisbane CBD from Kangaroo Point.BRISBANE’S booming infrastructure pipeline is luring buyers to the city fringe, with a Kangaroo Point apartment being snapped up before auction for $150,000 above the reserve price.It is the third sale in the tightly-held Watermark Residences building this year alone, with the four-bedroom unit at 505/21 Pixley Street selling in just five days for $2.5 million.
Game of Thrones castle taken without bloodshed Thor’s haven Australia’s most expensive town There is demolition approval in place for this house if the new owners choose. Stunning location.The owners had bought the property for $4.225m in February last year, with the property holding two major features in its favour — its absolute riverfront position and 1,012sq m block size. Add to that, the owners had also secured demolition approval for the house on site.The new owners have multiple options including demolition and building a large dream home, subdividing and building two luxury homes on the property like the neighbours, or sitting on the current home in a form of landbanking. The property has absolute river frontage. More from newsParks and wildlife the new lust-haves post coronavirus13 hours agoNoosa’s best beachfront penthouse is about to hit the market13 hours agoAlmost every neighbour has already split their block. The home is 200 metres to Oxford Street and the Bulimba ferry terminal.The current owner has offered to pay $1,000 a week in rent until the new titleholders decide what they want to do with the property.The home is a short walk to the very popular Oxford Street, and the median price of houses in Bulimba was $1.395m. The current home is perfectly liveable until the owners decide what to do. Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:58Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:58 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD432p432p216p216p180p180pAutoA, 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 Rate1xFullscreenHow much do I need to retire?00:58 Luxury escape up for grabs in celeb heaven FOLLOW SOPHIE FOSTER ON FACEBOOK 42 Quay Street, Bulimba, has been sold for $5.4m by Tony O’Doherty, Belle Property — Bulimba. Picture Realestate.com.auA Brisbane riverfront home has sold for over one million dollars more than its owners paid a year ago, a 25 per cent jump in price without renovation.Real estate agent Tony O’Doherty of Belle Bulimba confirmed to The Courier-Mail that the three bedroom riverfront home at 42 Quay Street in Bulimba had sold for $5.4 million.The property which was listed as “Bulimba’s rarest offering of 2019”, was put up for sale by tender, which closed on Thursday. The result was announced Friday afternoon. MORE REAL ESTATE NEWS
Yeerongpilly Green’s Green House apartments. MORE QLD REAL ESTATE NEWS: STAR PUPPET AGRO MAKES A MOVE Inside Yeerongpilly Green’s Park House apartments. Park House and Garden House feature 35 and 56 high quality and spacious apartments and penthouses respectively, along with only 10 luxury residences available in Green Terraces. All of the architecturally designed homes carry a distinctively Queensland aesthetic with prices ranging from $450,000 to $1.32 million.“Park House, Garden House and Green Terraces are the first new residential buildings to be developed in this pocket of Yeerongpilly for almost a decade, and they are the very start of what will become southern Brisbane’s newest urban village and entertainment hub with a cultural focus on all things music and art,” he said. Yeerongpilly Green’s Green Terrace apartments. Photo: Supplied.The first stage of apartments and terrace homes in a new “micro neighbourhood’’ have been released in one of Brisbane’s newest riverside projects.Launching today, Yeerongpilly Green’s urban village has a shopping and dining hub, parklands and the largest office park within 5km of the CBD.Developer Consolidated Properties Group and partner CVS Lane Capital Partners have taken the wraps off the $850 million Yeerongpilly Green development and released the first stage of apartments and terrace homes across a collection of three boutique buildings in the community. Consolidated Properties Group executive chairman Don O’Rorke said the first three boutique buildings in Yeerongpilly Green were designed to appeal to buyers who were “lifestyle conscious’’.“The appeal of Yeerongpilly Green is that it is a ‘micro neighbourhood’ – residents will be able to walk to the supermarket, specialty shops and restaurants in the retail village, walk or ride along the riverfront or relax in the park and even walk to work, with a major commercial building only a two-minute walk away,” Mr O’Rorke said.More from newsParks and wildlife the new lust-haves post coronavirus12 hours agoNoosa’s best beachfront penthouse is about to hit the market12 hours ago“There has been a lot of discussion around the 20 minute neighbourhood concept, and that’s because now more than ever, people are choosing their new home based on where they work, where their kids go to school and where they like to shop and dine”. Yeerongpilly Green’s Park House apartments. WHERE TO BUY AFFORDABLE LAND EFFICIENT ENEGRY USE IN HOMES Yeerongpilly Green’s Green Terrace apartments.Yeerongpilly Green will be home to 1200 dwellings, surrounded by retail and commercial amenities and 1.8 ha of green space and parklands, which are already complete and will host an array of community events.”While there are only a limited number of residences available, there is something for everyone in Park House and Garden House, which comprise a mix of one, two and three bedroom apartments and penthouses,” Mr O’Rorke said.“A resident-only oasis sits at the centre of the buildings, featuring a pool and lounge area while nearby is an outdoor kitchen and dining hub complete with relaxation spaces.”The Green Terraces, comprise 10 three-bedroom residences, each featuring timber flooring, a chef’s kitchen with Miele appliances and stone benchtops and splashbacks, high ceilings, secure double car garage spaces plus a private landscaped front and rear courtyard.Construction of all three buildings is expected to start early next year.
The townhouses range from two to four storeys.The townhouses range in size from two to four storeys. Bedrooms are large, living space is ample and there are multiple places to work, play, entertain or unwind.Ms Choi said the drawcard to the project was that it offered the best of both worlds.“It’s nestled in the Redlands Coast’s bayside with all its village charm, water views and perfectly located within close proximity to Brisbane city,” she said.Other features in the townhouses include ducted airconditioning, smart home automation and Legrand Audio NUVO systems. There is American oak timber flooring in the open-plan floor areas of living, dining, kitchen and study. There’s plenty of space to cook up a storm. Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:05Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:05 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, 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 Rate1xFullscreenInside Kyle Sandilands $3 million country retreat01:05 100 Dorsal, Aquatic Paradise, Birkdale.The bayside suburb of Birkdale is home to luxury terrace houses offering a low-maintenance lifestyle.The development at 100 Dorsal Aquatic Paradise includes 18 residences that are perfect for families who want a luxury home without the work that comes with a large house on land or downsizers looking to start the next chapter of their lives. AEC Australia director Doris Choi said the larger terrace homes had enough space for up to five bedrooms. Each includes multiple living spaces, separate laundries, double car spaces and ample storage. A number of terrace homes come with their own internal lift (perfect for downsizers) and their own private rooftop areas – perfectly suited to entertaining or relaxing by the water. “The north-facing covered rooftop area coupled with a lounge, form a comfortable exclusive area with a magnificent water view setting for family relaxation, friends or business entertainment,” Ms Choi said.“It’s perfect for the Queensland outdoor lifestyle, the rooftop terrace is equipped with built-in gas barbecue and sink.”More from newsParks and wildlife the new lust-haves post coronavirus10 hours agoNoosa’s best beachfront penthouse is about to hit the market10 hours ago Enjoy the views everyday.Each terrace residence positioned on the canal in Aquatic Paradise is a configuration of three to four bedrooms.
Broncos stars’ property portfolios revealed This “smart home on steroids” is under construction in Kedron. This is a render of the home supplied by Base Architecture and Electronic Living.Face recognition in front doors, sunroofs in bathrooms, voice controlled lighting — even retractable pool diving boards.No longer just for the rich and famous, smart technology is becoming as integral to a home as plumbing and electricity, with the potential to add hundreds of thousands of dollars in value. Home buyers and builders are now demanding the latest ‘must-have’ smart features in their abodes as security, safety and spending more time at home become a priority. * Smart intercoms that can be answered remotely via phone and allow access to the home from anywhere in the world* Unlocking doors and gates remotely via phone * Entertainment mood settings* Smart light switches * In-ceiling television dropper (controlled by smart touch panel, smart remote or app)* Motorised television slider, so when the client selects “watch tv” the panel moves out of the way to reveal the TV and it automatically turns on* Voice control of whole home — individual commands such as; “Turn the lounge room lights on” or programmed scenes such as “Hey Google, good morning”, which recalls the scene of your choice.* Home cinema* AV equipment rack. Hidden away in a well ventilated cupboard so not to impede the interior styling of the home. Smart cabling runs from this central location, to each point in the house (TV’s, touch panels, ceiling speakers etc.)* Control4 NEEO remote. This is a new product to market that controls everything in the home, similar to the app or touch panel, but giving the option for tactile buttons.* Remote viewing of CCTV cameras * Smart fire place (turn on/off) via voice command or smart control panels.* Discrete landscape or in-ceiling speakers.* Smart blind controls FOLLOW US ON FACEBOOK In-ceiling television dropper (controlled by smart touch panel, smart remote or app). Image supplied by Electronic Living.Electronic Living founder Damian Cavanagh said smart homes were becoming as common as smart phones, with people realising the value of features like keyless entry, remote access to security cameras and voice activation.“We are literally at ‘The Jetsons’ age now — the future is here now,” Mr Cavanagh said. This smart home at Belmont by Romark Design Constructions won ‘House of the Year’ at the 2020 Master Builders’ Awards. Image supplied.“It ties into this whole contactless thing. We want to do things, but we don’t want to touch them.“One of the biggest drivers for modern families now is safety and security, with people spending more time at home and with the economy the way it’s going.” The Control4 NEEO remote is a new product to market that controls everything in the home, similar to the app or touch panel, but giving the option for tactile buttons. Image supplied by Electronic Living.Mr Cavanagh’s home automation company is working on what is being dubbed a ‘smart home on steroids’ in Brisbane’s inner north.The custom-designed house will have out-of-this-world features such as a retractable, voice activated skylight in the ensuite, in-ceiling televisions, motorised custom paintings to conceal storage areas and smart lighting with custom programmed scenes such as: ‘Good morning’ and ‘Party time’. A render of the ‘smart home on steroids’ under construction in Kedron by Thallon Mole Group. Image supplied by Base Architecture and Electronic Living.The Kedron property has been designed by Base Architecture and is being built by Thallon Mole Group for a private client.The three-level house will also include a glass-encased lift, a pool on the second level with a circular viewing window and a waterfall infinity edge, and a balcony bath weighing two tonnes. A render of the kitchen and living area inside the smart home being built in Kedron by Thallon Mole Group. Image supplied by Base Architecture and Electronic Living.Mr Cavanagh said smart home technology could add tens of thousands of dollars in value to a home at a minimum, and even potentially hundreds of thousands of dollars.“We firmly believe the worst case scenario is whatever you spend (on smart home automation), you’ll get back,” he said. “There’s now an expectation that if you’re spending $1.5 million or more on a home, you want it to be equipped with smart technology.” A render of the smart home under construction in Kedron by Thallon Mole Group. Image supplied by Base Architecture and Electronic Living.Another smart home at 44 Reading St, Paddington, built by Graya Construction, recently sold for an eyewatering $4 million.Rob Gray of Graya Construction said one of the main reasons the buyer paid bought the property was because he loved the integrated smart technology. This smart home, named Laurent, at 44 Reading St, Paddington sold for $4m. Picture: Scott Burrows.“It’s fast becoming the ‘must-have’ in luxury homes and all our clients are requesting it,” Mr Gray said. “Not all can afford it, however, we strongly believe it adds the value to the home come resale.” The kitchen in the smart home, named Laurent, at 44 Reading St, Paddington. Picture: Scott Burrows. The outdoor entertaining area of the smart home at 44 Reading St, Paddington. Picture: Scott Burrows.Mr Graya said the top five smart features most requested by clients included security, entry access control, audio visual, lighting and home entertainment systems. Mr Cavanagh said demand for smart homes had “trickled down to the entry level market”, with project builders now approaching him for smart home solutions because their clients were requesting it. A smart fireplace controlled by voice activation. Image supplied by Electronic Living.“A household these days has an average of six or seven wireless devices,” he said. “The demand for this is not going away anytime soon. More from newsParks and wildlife the new lust-haves post coronavirus8 hours agoNoosa’s best beachfront penthouse is about to hit the market8 hours ago“We’ve had a real shot in the arm from a technology standpoint with COVID-19, particularly with people spending more time at home, now, and into the future.” Home cinemas and entertainment systems are in demand, according to Electronic Living. Race car driver selling Gold Coast home Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:58Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:58 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD432p432p216p216p180p180pAutoA, 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 Rate1xFullscreenHow much do I need to retire?00:58 SMART TECHNOLOGY FEATURES THAT CAN ADD VALUE TO YOUR HOME MORE: Giant skate bowl home sells for millions
Stretton $896,500 Woodridge $285,000 $611,500 215%Brookwater $780,000 Goodna $292,375 $487,625 167%Kuraby $682,000 Logan Central $285,000 $397,000 139%Fig Tree Pocket $1,170,000 Jamboree Heights $495,000 $675,000 136%Newport $850,000 Deception Bay $362,000 $488,000 135%Corinda $805,000 Inala $345,000 $460,000 133%Ascot $1,445,000 Northgate $633,000 $812,000 128%Pullenvale $1,115,000 Riverhills $505,000 $610,000 121%Sherwood $915,000 Rocklea $420,000 $495,000 118%Hamilton $1,403,888 Murarrie $645,500 $758,388 117%(Source: Realestate.com.au) Suburb #1 Median price Suburb #2 Median price Price difference % difference Suburb #1 Median price Suburb #2 Median price Price difference % difference Runcorn $326,000 Woodridge $161,500 $164,500 102%Scarborough $440,000 Deception Bay $255,000 $185,000 73%Ormiston $485,000 Capalaba $292,500 $192,500 66%Newstead $645,000 Fortitude Valley $390,000 $255,000 65%Bulimba $650,000 Albion $400,000 $250,000 63%Bethania $310,000 Beenleigh $203,000 $107,000 53%New Farm $587,000 East Brisbane $395,500 $191,500 48%North Lakes $402,500 Murrumba Downs $277,000 $125,500 45%Teneriffe $567,500 Bowen Hills $395,500 $172,000 43%Ascot $477,500 Wooloowin $336,750 $140,750 42%(Source: Realestate.com.au) THE TOP 10 BRIDESMAID SUBURBS FOR BUYING HOUSES IN BRISBANE THE TOP 10 BRIDESMAID SUBURBS FOR BUYING UNITS IN BRISBANE Nerida Conisbee, chief economist of REA Group. Image: AAP/Monique Harmer.SAVVY househunters could save hundreds of thousands of dollars by buying a house in a ‘bridesmaid’ suburb just a stone’s throw from some of Brisbane’s priciest postcodes.While the ‘bride’ suburbs of Ascot, Hamilton and Pullenvale may have some of the most prestigious real estate in Queensland, some of their neighbouring suburbs are just as appealing — and with a much more affordable price tag, new figures show.Research by Realestate.com.au reveals it is possible to buy a house in Northgate, Riverhills and Murarrie for less than half of what you would expect to pay for their respective ‘bride’ suburbs. This house at 139 Ridge St, Northgate, is for sale. Inside the house at 139 Ridge Street, Northgate.In crunching the numbers, suburbs were ranked based on the greatest variance in median price between the ‘bride’ suburb and the ‘bridesmaid’ suburb. The two suburbs being compared either share a boundary or are within 10km of each other.For example, in Newstead the median unit price is $645,000, but just next door in Fortitude Valley, the median unit price is $390,000 — that’s a difference of $255,000.The Brisbane ‘bridesmaid’ suburbs with the biggest difference in unit prices compared to their respective ‘bride’ suburbs include Woodridge, Deception Bay and Capalaba.Realestate.com.au chief economist Nerida Conisbee said ‘bridesmaid’ suburbs were considered the second-best options for buyers locked out of the more expensive postcodes. This house at 7 Pomona Court, Deception Bay, is for sale.Ms Conisbee said some suburbs were seen as less desirable than others nearby, but buyer preferences could change. “Difficulties in moving around are going to be less of an issue going forward,” Ms Conisbee said.“Sometimes suburbs can seem vastly different but because preferences change they become far more desirable.”Ms Conisbee said buying a property a bit further away from a ‘bride’ suburb to a ‘bridesmaid’ suburb could be a good an investment.“In the knowledge that you’re never going to pay the same price, you can enjoy some of the amenities that the blue chip suburbs enjoy (by moving to wannabe suburbs),” she said.“The factors that seem to lead to the gaps are things like beach access, housing is tight, block sizes and physical geography. Hilly does better as you can get higher aspects.” REA Group chief economist Nerida Conisbee.In Brisbane, Ms Conisbee said homes in suburbs on the river were generally higher in price.She said Stretton, with a median house price of $896,500, would be considered a ‘bride’ suburb because it had a lot of big homes on large blocks.But the nearby suburb of Woodridge had a much more affordable median house price of $285,000 — meaning buyers could potentially save more than $600,000 by buying a house there instead.“Places like New Farm are also really expensive for houses,” Ms Conisbee said. “People are potentially buying units just to be in those (‘bride’) suburbs, and that’s something that would really push up the pricing.”Ms Conisbee said the same considerations applied when it came to buying units.“If there are a lot of units in one location as opposed to another, it makes it a lot cheaper than a suburb where there aren’t many units,” she said. This character home at 68 Peary St, Northgate, is for sale.Northgate in Brisbane’s north has been identified as a ‘bridesmaid’ suburb, with a median house price of $633,000, yet only about 10km from the CBD.Its ‘bride’ equivalent of blue-chip Ascot has a median house price of $1.4 million.Janelle McKenna of Place Estate Agents Ascot said Northgate was a more affordable alternative to Ascot that offered “more bang for your buck”.But house prices in the suburb are rapidly growing as buyers begin to realise its potential.Ms McKenna holds the residential home sale record for Northgate after selling 94 Peary Street for $3 million early this year.“I don’t think you’d get a bargain here anymore, but you’re going to have good growth — it’s definitely a suburb worth investing in,” Ms McKenna said.She said the suburb had grown in popularity in recent years as coffee shops and micro breweries started to pop up.“Northgate once upon a time was looked at as an industrial suburb, mainly because of the pineapple factory that was here,” Ms McKenna said.“It’s now a community minded family area.”On the other side of the river, the ‘bridesmaid’ suburb of Murarrie has a median house price of $645,500 — a far cry from its respective ‘bride’ suburb of Hamilton, where the average house sells for $1.4 million. This house at 48 Walter St, Murarrie, is for sale.After falling in love with Murarrie nearly two decades ago, Mara and Vince Greco are now reluctant to leave.The couple is selling their home at 32 Walter Street to move closer to family interstate.The Grecos have seen a lot of once undesirable suburbs become ‘brides’ in the time they have lived there. “We used to visit friends in Bulimba, but back then it was an area inhabited by people who worked down at the wharves,” Mr Greco said. “It was low-lying and flood-prone. Of course, it’s been transformed now.”But Mr Greco always saw potential in Murarrie.“On the other side of Creek Road — the high side — is all small, post-war houses,” he said. “The elevation is something that always appealed to me. It’s a lot cooler up here than on the low side.” Mara and Vince Greco are selling their house in the “bridesmaid” suburb of Murarrie. Picture: Tara Croser.The Grecos bought an old house in the suburb, but instead of renovating, decided to rebuild. Mr Greco believes it was a good investment decision, and sees Murarrie continuing to grow in the years ahead.“If you look at the progression of residential development over the decades, if you look at what Brisbane started out as and how it’s grown since then, the industry tends to get pushed further and further out,” he said.“There’s less and less stevedore work and dry docks down along the river at Murrarie, and that will all slowly change. “People want to live close to amenities, schools, shopping centres. Here, you’ve got the Cannon Hill shopping centre, Carindale (Westfield shopping centre) down the road, you’re one traffic light away from the north coast, one traffic light away from the south coast, and there’s a train station.” Work underway on the Murarrie River Recreation Hub. Picture: Brian Bennion.Meagan Muir of Place Bulimba, who is marketing the Grecos home, said ‘bridesmaid’ suburbs like Murarrie often held up well in times of uncertainty because buyers saw an opportunity to buy close to a more desirable area.“I think anyone wants to buy in a suburb where they can see growth happening,” Mrs Muir said.“If they can get in at a value buy, they feel more confident because they’re not paying a premium for real estate at a time when the market is uncertain.”Mrs Muir said Murarrie was seen as the next Cannon Hill in terms of the ripple effect from higher priced suburbs closer to the CBD. More from newsParks and wildlife the new lust-haves post coronavirus8 hours agoNoosa’s best beachfront penthouse is about to hit the market8 hours ago“Now Cannon Hill is outpricing many buyers, so they’re looking to Murarrie,” she said.“It’s very family friendly, with lots of young families and first home buyers.“You’ve got a city view from some parts. In Bulimba, you’d be paying in the high $1 million bracket for a house with the same view.”
Subsea services provider Bibby Offshore has appointed Dorothy Shepherd as General Manager for its renewable energy division.In her new role, Shepherd will be instrumental in the delivery of new business in the renewables sector, Bibby Offshore said.The position includes supporting existing business development efforts, while collaborating with Bibby Offshore’s sister companies Bibby Marine Services, which offers SOV and Walk to Work vessels, and Bibby HydroMap, a provider of seabed survey services.Shepherd said: “I am confident my knowledge will help to identify new opportunities in the renewables market and deliver the strategic results required for long-term success.”The appointment follows the formation of Bibby Offshore’s new business optimization team, led by Graeme Wood, as part of the company’s strategic growth strategy.Graeme Wood, Business Optimization Director at Bibby Offshore, said: “Renewables has been a key element of Bibby Offshore’s strategic growth plan for a number of years, and Shepherd’s appointment demonstrates the importance that we attribute to this market as a potential source of revenue in the future.”
JS Ineos Invention, the final of eight Dragon Class vessels ordered from China’s shipyards by Danish shipping company Evergas, has been delivered to its charterer INEOS.Back in 2013, Evergas ordered four identical vessels from the Sinopacific Offshore & Engineering shipyard in Qidong, China. The order was further expanded to eight vessels.Six ships from the batch were built at Sinopacific, while the remaining two, namely, JS Ineos Invention and its sister vessel JS Ineos Intuition, were constructed at Jiangsu New Yangzijiang shipyard in China.The carriers are purpose built for the transportation of ethane, although they can carry a wide range of petrochemical gasses and LPG.Each of the eight ships is 180 meters long and 27 meters wide, with a draft of approximately 9 meters.“With the delivery of … JS Ineos Invention to INEOS earlier this week, the first milestone of the project has been completed and all vessels are now in full operation and transporting Ethane from the US to Europe,” Evergas said.