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Landlords rejoice! Rents rise $100/wk in parts of Brisbane

first_img Suburb Annual rent change % The average weekly rent in Teneriffe is $700, according to the REIQ. Picture: AAP/David Clark.Demand for two-bedroom units in Tingalpa was strong in the December quarter, with a $65 a week increase across the year to $365.On the flip side, the median rent for two-bedroom units in Manly dropped from $388 a week in December 2017 to $353 a week in December 2018.The vacancy rate in the Brisbane local government area increased from two per cent in September 2018, to 2.5 per cent in December 2018, with property managers expressing concerns about an oversupply of rental stock.But Ms Mercorella said it was a healthy result for investors in relation to returns, considering the vacancy measure softened. Houses in the Brisbane LGA reached gross rental yields of 3.3 per cent in December 2018, while units recorded a higher gross yield of 5.1 per cent, reflecting the increase in the weekly median rent and a gradual fall in unit prices.“We expect to see a gradual increase in median rents as the dynamics of rental supply and demand continue moving towards equilibrium,” Ms Mercorella said.“Tenants will still have a variety of rental options available, and many are exercising their right to negotiate on rent levels and potential incentives. “However, there are indications landlords who have high-quality stock — particularly in well serviced suburbs — are regaining negotiation power in the transaction.” 1. Ashgrove 28.5%2. Yeronga 14.6%3. Annerley/Fairfield 13.6%4. Gumdale/Wakerley 12.9% 5. Hemmant 11.4% (Source: REIQ, based on 12 mths to December 2018) Rents are on the rise in Brisbane after years of flat growth, according to the REIQ. Image: AAP/Darren England.RENTS are on the rise after years of flat growth in Brisbane, with new figures showing some suburbs have seen increases of more than $100 a week.The cost of leasing most homes in the city became $10 to $20 a week more expensive than it was at the start of 2018, with the median rent for a three-bedroom house rising 3.6 per cent to hit $435 a week, according to the latest report from the Real Estate Institute of Queensland.Rents for two-bedroom units rose even more — up five per cent to a median of $420 a week.The biggest jump in rent was recorded in the inner west suburb of Ashgrove, where it is now $122 a week more expensive to rent a three-bedroom house than it was this time last year. The median rent for a three-bedroom house in Brisbane rose 3.6 per cent to hit $435 a week in 2018. Photo: Paul Guy.The Cosgrove family has lived in Yeronga for the past 20 years and bought an investment property there in 2005.More from newsParks and wildlife the new lust-haves post coronavirus13 hours agoNoosa’s best beachfront penthouse is about to hit the market13 hours agoDarren Cosgrove said they leased their house for $460 a week, but had long-term tenants.Mr Cosgrove said he was not surprised rents had risen more than 14 per cent in the suburb in the past year.“There a lot of new builds here now, which would drive that price up — lots of townhouses and premium properties,” he said.New Farm and Teneriffe remain the most expensive rental options in the Brisbane local government area for three-bedroom houses, with the weekly median rent setting you back $700. The suburb of Ashgrove recorded the biggest jump in rents in the past 12 months, according to the REIQ. The median rent in the suburb is $550 per week, based on a sample size of 23 new bonds.REIQ chief executive Antonia Mercorella said residential rents across Brisbane had been flat for some time, but were finally starting to rise, which was good news for investors.Ms Mercorella said inner city properties were still generating flat returns, but some middle to outer suburbs, like Ashgrove, were outperforming.“It’s such a popular suburb with families because of the access to good schools and it’s so green and leafy,” she said.Other strong performers were the two clusters of Annerley/Yeronga and Gumdale/Ransome/Wakerley, where median rents rose $60 a week in each postcode group to come in at $500 and $525 a week, respectively.TOP SUBURBS FOR MEDIAN RENTAL GROWTH HOUSES IN BRISBANE LGA Rents are on the rise in Brisbane after years of flat growth, according to the REIQ. Image: AAP/Lukas Coch.The Gold Coast is the state’s most expensive rental market for three-bedroom houses and two-bedroom units. The annual median rental price to December 2018 for houses was $500 a week and $440 a week for units, both of which reflect a $10 a week gain over the year.The suburbs of Clear Island Waters and Tallebudgera Valley are the most expensive rental markets with annual medians of $850 and $795 a week, respectively.On the Sunshine Coast, the residential vacancy rate continued to tighten — hitting 1.8 per cent. According to the REIQ, tourism and strong interstate migration into Queensland is part of the reason why the region’s vacancy rates are sitting in the “more demand than supply” territory. Reflecting supply constraints, median weekly rents are increasing across the region. The median rent for a two-bedroom unit on the Sunshine Coast increased $15 a week over the year to be $370.In Noosa, the median weekly rent for a three-bedroom townhouse skyrocketed by $120 a week over the December quarter.last_img read more

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Building reboot begins for Townsville

first_img FINANCE APPROVAL AND COLOUR SELECTION A home by New Home Solutions during construction.“In the last few weeks, things are certainly starting to pick up for us. It’s about consumer confidence, and people are confident about growth and they’re prepared to build a new home instead of put up with their old one,” Mr Baxter said. “I think it’s a great time for people to build in Townsville, prices have never been lower. “The market’s been flat for a couple of years, and there’s plenty of reasons why it’s a good area to build in, including the recent election results.”Mr Baxter said building was a sure way for consumers to get everything they wanted in their ideal location without having to compromise on the finer details. More from news01:21Buyer demand explodes in Townsville’s 2019 flood-affected suburbs12 Sep 202001:21‘Giant surge’ in new home sales lifts Townsville property market10 Sep 2020New Home Solutions clients Shannon Robards and Kiran Sharma completing the ‘slab wetting ceremony’ at handover.“You are going to get exactly what you want in a home, you’re not settling for things that other people have thought of design-wise — for example, seeing into bathrooms and toilets from the kitchen,” he said.“You can make sure everything is perfect for what you and your family are looking for.“Everything’s warranted so you have nothing to worry about in terms of maintenance and repairs.”Building can seem like a daunting task for those who haven’t been through the process before, so Mr Baxter has outlined the stages of building a new home and where to begin. CONSULTATIONThis is where you talk through your ideas, needs, and budget with a builder. If someone hasn’t got a block of land yet, it is recommended that they talk to a builder so they can find the perfect one; that way they don’t buy something and then realise they can’t build what they want there. Tradie saves his way to four investment properties by 22 MORE IN REAL ESTATE NEWScenter_img DESIGN The builder will then design a home or recommend a design based on the client’s needs and show them how that will work on the land before they buy it. We will then give them a ballpark price for it. There are some serious sales tactics out there that get people committed to more than what they can afford, so it’s important people know what to look out for, and that’s why we recommend they find a good builder. Once the client has decided what they want, they will go to the bank for finance approval and select the finer details of the home, including tile colours and other things like that. While they decide on that, the builder will do all the compliance, approvals, certifications and that sort of thing. THE BUILDThe build usually takes anywhere between four and six months, but it is obviously subject to the design, style and location of the build. The slab and site preparation comes first; we do a slab wetting ceremony with our clients where we shout drinks. After that comes the frame where the walls go up and the insulation and roof goes on. Then it’s time for windows and doors to go in and other details from there. Marketing and design manager at new home Glen Baxter says prices to build in Townsville are at their best.ELECTION results and the recent approval of the Adani Carmichael coal mine has Townsville residents feeling confident to put their money in the local property market.Builders are starting to reap the rewards, noting an increase in interest from consumers.New Home Solutions marketing and design manager Glen Baxter said prices to build in the area were at their best.READ MORE City set to receive $10 million windfall from new development last_img read more

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Seatronics Orders Subsea Equipment from Tritech

first_imgUnderwater technology specialist Tritech has secured order to deliver subsea specialist Seatronics with suite of equipment.The deal between Tritech and Seatronics, an Acteon company, will see the supply of a range of multibeam imaging sonars, precision sensors and pumps for specialist subsea applications.Included in the equipment list is the 1000-meter depth rated Gemini 720is sonar.Allan Donaldson, sales engineer with Tritech, said: “The dependability of Tritech’s products together with the level of support provided, has resulted in an increase in the footprint of Gemini sonar products in the industry. We have seen strong sales this quarter and with continued investment in R&D, we are confident that that this trend will continue. Seatronics is a recognised expert in its field and the company’s continued investment in our technology demonstrates this point.”Scott Gray, UK general manager with Seatronics, added: “We are delighted to be increasing our investment in Tritech products with this addition of nine Gemini sonar units. Seatronics are devoted to investing in industry leading technology as a core value of our business with the Gemini sonar proven to be a key product in our ever-expanding rental portfolio.”last_img read more

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“Concentrate on trying to fix their minds and not their genitalia”

first_imgAnd there’s the real solution. The Dominion Post and NewsHub lead with interesting research on the world’s largest-ever study into which genes cause anorexia nervosa.The quotes are significant:“The illness has the highest death rate of any psychiatric disorder,..“These alarming statistics warrant further understanding of the genetic influences underpinning this illness.“…release of a new study which has found strong genetic links between the illness and suicide, which accounts for 20 percent of anorexia-related deaths.“…It will enable us to work towards a greater understanding of, and ultimately improved treatments for, the illness“It’s trying to escape from the pain of life . . . but it’s a cry for help too.”Dr Paul McHugh – the long celebrated and retired psychiatrist-in-chief at Johns Hopkins Hospital who shut down the practice of many foundationless therapies including gender reassignment surgery – likens gender identity disorder to such body dysmorphic disorders such as anorexia where some girls believe they are overweight when they are actually life- threateningly underweight. Both are not a disorder of the body, but of the mind. He said – “We psychiatrists would do better to concentrate on trying to fix their minds and not their genitalia.”last_img read more

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Belize PM’s wife diagnosed with cancer

first_img Share Share Share HealthLifestyle Belize PM’s wife diagnosed with cancer by: – November 8, 2011 Kim Simplis Barrow. Image via: planetrulers.comBELMOPAN, Belize — The office of the Special Envoy for Women and Children has announced that Kim Simplis Barrow, the wife of Prime Minister Dean Barrow, left Belize on Sunday to seek urgent medical attention in Miami. The office confirmed that Mrs Barrow has been diagnosed with breast cancer and will be starting treatment as soon as the most viable treatment option has been determined. The treatment is not available in Belize.As an official advocate for women and children and someone who has always been supportive of the fight against cancer, Mrs Barrow thought it important not to conceal her diagnosis from the public.While the length of treatment and thus her stay abroad is still to be specified, Mrs Barrow hopes to be back home by Christmas. In the meantime, she appreciates the solidarity and prayers of all well-wishers. Prime Minister Barrow is accompanying his wife to Miami and is scheduled to return to Belize on Monday, 14 November.Caribbean News Nowcenter_img 21 Views   no discussions Tweet Sharing is caring!last_img read more

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Iloilo’s top drug suspect, wife arrested

first_imgSamuel Roche and his wife Lea (both seated and with handcuffs) were arrested in an entrapment operation in Barangay Pasig, Sara, Iloilo on Dec. 18. ILOILO POLICE PROVINCIAL OFFICE The couple will be charged withviolation of Republic Act (RA) 9165, or the Comprehensive Dangerous Drugs Actof 2002; and RA 10591, or the Comprehensive Firearms and Ammunition RegulationsAct.(With a report from PNA/PN) Colonel Roland Vilela, director of theIloilo Police Provincial Office, said Roche’s arrest left a big impact on thecampaign against illegal drugs.    “His arrest will dramatically reducethe supply of illegal drugs in Iloilo, especially in the 5th district towns,”he added.  PDEU chief Major Jonathan Pinuela saidthe suspect was reportedly operating in the province’s 5th district. He added Roche is a businessmantrading rice to Negros Occidental. Samuel allegedly sold to an undercoverpoliceman a sachet of suspected shabu valued around P20,100.  Also recovered from the suspects werea .22-caliber revolver with 15 live cartridges, seven more sachets of suspectedshabu, and a cellphone, the police added. ILOILO – The top drug suspect in thisprovince was arrested in a buy-bust operation in Barangay Pasig in the northerntown of Sara.    “When you’re into rice trading, youplace the sample of the rice at a transparent ice wrapper. This is where thesuspect hid the sachet of shabu,” Pinuela said. The 50-year-old Samuel Roche and hiswife Lea were arrested in an entrapment operation on Dec. 18 staged by the Saramunicipal police station and the Provincial Drug Enforcement Unit (PDEU).  last_img read more

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Bulldogs Swimmers Split With Golden Bears

first_imgBoys Shelbyville 88  BHS 82Bulldogs are 1-2 on the season Team,The girls outdistanced themselves early from Shelbyville en route to a convincing victory.  The boys were close.  The meet was tied going into the final event.  It was a back and forth battle with Shelbyville getting the edge in the end Team: The girls outdistanced themselves early from Shelbyville en route to a convincing victory.  The boys were close.  The meet was tied going into the final event.  It was a back and forth battle with Shelbyville getting the edge in the end/ Girls:  Batesville 101,  Shelbyville 68Lady Bulldogs are 4-2 on the season. Top 10 swimmers in an event of all time:50 free:  Villani 27.40 to 4th100 fly:  Thomas Hatcher 1:00.01-6th100 free:  Emily Gutzwiller 1:03.21-10th500 free:  Taylor Villani 6:02.69-4th500 free:  Thomas Hatcher 5:27.54 to 4th50 back split Jacob Hawkins 30.13 to 6th50 breast split:  Sarah Espin from 7th to 4th50 fly split:  Hannah Cox 32.22 9th50 free split:  Elizabeth Weiler 28.06-9th Boys:  Shelbyville 88  Batesville 82Bulldogs are 1-2 on the season. Senior Top 10:100 free: Matt Weiler-2nd (10th fastest senior  time)500 free:  Thomas Hatcher -4th (6th fastest senior time)100 fly:  hatcher-5th100 breast: Weiler -5th (8th fastest senior time)Junior Top 10:Sophomore Top 10:50 free: Elizabeth Weiler 28.06- (lead off)-4th100 free: Emily Weiler 1:06.37-10th100 back; Emily Weiler1:16.17-5thFreshman Top 10:50 free Taylor Villani 27.40- NEW FRESHMAN RECORD100 free Emily Gutzwiller 1:03.21-3rd (8th fastest frosh time)500 free: Taylor Villani 6:02.69  NEW FRESHMAN RECORD100 back:  Sarah Poltrack 1:22.08-10th100 fly:  Hannah Cox 1:12.37-2nd fastest frosh time200 IM:  Emily Gutzwiller 2:32.39 NEW FRESHMAN RECORDoints Scored in a Dual meet:   16:  Matt Weiler-10th time, Thomas Hatcher-7th time, Elizabeth Weiler-2nd time, Emily Gutzwiller-2nd timeAll-Time Scoring Girls:All-Time Scoring Boys:Matt Weiler to 6th, Graham Hunter to 18th, Evan Miller to 26th Career/All-time accomplishments:{GirlsBHS   101  Shelbyville  68Lady Bulldogs are 4-2 on the season Varsity Event Winners: Hanna Cox 100 fly, Emily Gutzwiller 200 IM, 100 free, Thomas Hatcher 100 fly, 500 free, Elizabeth Weiler 200 free, 100 breast, Matt Weiler 100 free, 100 breastJV Event Winners:  Lydia Olsen 50 free, Kegan Main 50 freeJonathan Kunkel 100 freeImprovements:  Hanna Cox- 100 fly, Armando Canseco 50 free/100 free, Lauren Caplinger 200 IM  Emily Gutzwiller 200 IM/100 free Nathan Hall 100 fly, Zach Hall 50 free Thomas Hatcher 500 free, Jacob Hawkins 50 back, Graham Hunter 200 free, Jonathan Kunkel 100 free, Drake Main 100 free, Kegan Main 50 free; Evan Miller 200 IM/400 free lead off; Lydia Olsen 50 free/100 free Seth Parker 50 back, Harsh Patel 100 back Sarah Poltrack 50 free/100 back, Ally Ritter 200 free/500 free, Caleb Rogers 50 free Ben Schwettman 50 free, Maggie Schwettman 100 breast Taylor Villani 50 free, Elizabeth Weiler  200 free lead off  Varsity Event Winners: Hanna Cox 100 fly, Emily Gutzwiller 200 IM, 100 free, Thomas Hatcher 100 fly, 500 free, Elizabeth Weiler 200 free, 100 breast, Matt Weiler 100 free, 100 breastJV Event Winners:  Lydia Olsen 50 free, Kegan Main 50 freeJonathan Kunkel 100 freeImprovements:  Hanna Cox- 100 fly, Armando Canseco 50 free/100 free, Lauren Caplinger 200 IM  Emily Gutzwiller 200 IM/100 free Nathan Hall 100 fly, Zach Hall 50 free Thomas Hatcher 500 free, Jacob Hawkins 50 back, Graham Hunter 200 free, Jonathan Kunkel 100 free, Drake Main 100 free, Kegan Main 50 free; Evan Miller 200 IM/400 free lead off; Lydia Olsen 50 free/100 free Seth Parker 50 back, Harsh Patel 100 back Sarah Poltrack 50 free/100 back, Ally Ritter 200 free/500 free, Caleb Rogers 50 free Ben Schwettman 50 free, Maggie Schwettman 100 breast Taylor Villani 50 free, Elizabeth Weiler  200 free lead off  Top 10 swimmers in an event of all time:50 free:  Villani 27.40 to 4th100 fly:  Thomas Hatcher 1:00.01-6th100 free:  Emily Gutzwiller 1:03.21-10th500 free:  Taylor Villani 6:02.69-4th500 free:  Thomas Hatcher 5:27.54 to 4th50 back split Jacob Hawkins 30.13 to 6th50 breast split:  Sarah Espin from 7th to 4th50 fly split:  Hannah Cox 32.22 9th50 free split:  Elizabeth Weiler 28.06-9th Top 10 times of all time Boys: Top 10 times of all time Boys Career/All-time accomplishments:Points Scored in a Dual meet:   16:  Matt Weiler-10th time, Thomas Hatcher-7th time, Elizabeth Weiler-2nd time, Emily Gutzwiller-2nd timeAll-Time Scoring Girls:All-Time Scoring Boys:Matt Weiler to 6th, Graham Hunter to 18th, Evan Miller to 26th Senior Top 10:100 free: Matt Weiler-2nd (10th fastest senior  time)500 free:  Thomas Hatcher -4th (6th fastest senior time)100 fly:  hatcher-5th100 breast: Weiler -5th (8th fastest senior time)Junior Top 10:Sophomore Top 10:50 free: Elizabeth Weiler 28.06- (lead off)-4th100 free: Emily Weiler 1:06.37-10th100 back; Emily Weiler1:16.17-5thFreshman Top 10:50 free Taylor Villani 27.40- NEW FRESHMAN RECORD100 free Emily Gutzwiller 1:03.21-3rd (8th fastest frosh time)500 free: Taylor Villani 6:02.69  NEW FRESHMAN RECORD100 back:  Sarah Poltrack 1:22.08-10th100 fly:  Hannah Cox 1:12.37-2nd fastest frosh time200 IM:  Emily Gutzwiller 2:32.39 NEW FRESHMAN RECORDSubmitted by Batesville Coach TJ Greene.last_img read more

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Raiders Top Jets In Middle School Hoops

first_imgHauser at South Ripley-Tuesday, December 6Grade 7-SR 41, Hauser 31Nick Schwarte came alive for 16 big points to lead the host Raiders to a 41-31 victory over the Hauser Jets. The Raiders jumped out to an 24-11 first half lead, survived a third quarter rally from the Jets, and held on to snap a 5 game losing streak. Along with Schwarte’s 16 points, Zach Gentile chipped in 10 points along with several outstanding passes and ball hawking defense, Ryan Miller posted 6 points and a good game on the boards; Dalton Smith and Bryce Wrightsman scored 4 each; and Ben Miller hit a free throw.Grade 8-SR 61, Hauser 43The Raiders dominated the first quarter 26-4 in route to a 61-43 victory over the Hauser Jets. Lane Sparks scored 17 of his 27 points in the first half to go along with several steals in an outstanding team performance. Cody Samples scored 12 points and a boatload of steals while Bryce Franklin added 12 points and a team high 6 rebounds. Kaden Rinear contributed 4 points and 5 rebounds; Brady Linkel had 2 points and 4 boards; Jacob Jines hit a 2 point bucket; and Colby Bush hit a free throw and grabbed 4 rebounds.The seventh graders improve to 4-8 while the eighth graders advance to 10-2. Both teams travel to Milan on Thursday for a 5:30 tip.Courtesy of Raiders Coach Jeff Greiwe.last_img read more

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United Community Bank introduced as title sponsor for 2018 Whiskey City Regatta/Twilight Challenge

first_imgLawrenceburg, In. — United Community Bank has been introduced as the title sponsor for 2018 Whiskey City Regatta, June 15-16 and the 2018 Whiskey City Twilight Challenge on July 21.“The City of Lawrenceburg is thrilled to secure United Community Bank as the title sponsor. Their commitment to support first-class quality family-friendly events in a city our size speaks volumes of their dedication to our community and the entire region. Whatever the local effort, we consistently see United Community Bank step up and we are incredibly grateful for their continued support,” says Mayor Kelly Mollaun.“United Community Bank is proud to continue our relationship with the City of Lawrenceburg and to continue to support our surrounding communities. We applaud the City of Lawrenceburg as they bring exciting and fun-filled events into our community, which are great for our local businesses. United Community Bank will continue our commitment to our communities, this our culture now and will be in the future,” says E.G. McLaughlin, President/CEO of United Community Bank.Whiskey City Regatta weekend is June 15-16, 2018.On Friday night, the meet and greet with the drivers is combined with an opportunity to see the boats up close. Race day kicks off at 7:22 a. m. Saturday with the Lauren’sburg Hill Run/Walk with proceeds going to Fight for the Cure in honor of Lauren Hill. Registration is available online here. Other events include an Outdoor Family Fun Show, Glamper Show, and the feature SST-60 and SST-120 powerboat races. Robin Lacey and DeZydeco take the stage at 8:00 p. m. to round out the festivities.last_img read more