Key influences: Boom Towns, Government Decision, Transport Infrastructure Regional centre with strong industrial economy, plus tourism; $3.5 billion expansion of port; potential for $40 billion in investment in multiple CSG/LNG processing plants; $2.2 billion steel project. Typical houses: $330,000 West Gladstone, $375,000 Kin Kora, $380,000 New Auckland, $375,000 Clinton, $295,000 Toolooa.
Read more..."There's more to consider for capital growth than just the suburb", according to Grow Consulting Group managing director Ayda Shabanzadeh. While the Brisbane suburbs of New Farm, Newstead, Kelvin Grove and Woolloongabba have demonstrated good potential for capital growth, Shabanzadeh advised buyers to also be clear on their purpose for buying and their future goals.
Read more...New Sustainable Housing Laws: 5-star energy equivalence rating requirement for houses and townhouses. Approved measures to improve water and energy efficiency of new and existing homes and units in Queensland are being implemented over a 12-month period from 1 March 2009.
Read more...Posted on Tuesday, November 17 2009 at 12:07 PM
"Queensland is on track to experience the worst land shortage in its history", according to a veteran Queensland property developer. Seymour Group founder Kevin Seymour predicts the land shortage will peak within the next six months, as restrictive lending practices prevail and development approvals continue to be drawn out.
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