Issuu on Google+

QUEENSLANDS

Adapted from the TV show

©

Published by Paul Le Mura and Associates

Issue 2 - 2010

© ABN 77 010 526 833

Banning certain developer covenants: a WIN for housing affordability! Developers have commonly used residential estate covenants, body corporate and community title instruments to achieve a particular aesthetic appearance and standard within their projects.

In December last year the Queensland Government moved to prohibit covenants and community title statements and by-laws that restrict owners from implementing sustainable building practices and features.

Master Builders has argued that some of these covenants contribute to the problem of housing affordability, adding upwards of $30,000 to the cost of a new home. It makes no sense to force the community to keep building bigger homes.

Since then however, there has been a concerted effort from the development industry, pressing the government to wind back the law: to allow these covenants to continue to apply.

The following covenants have been prohibited in all building or land contracts entered into after 1 January 2010: • Requiring minimum floor areas; • Requiring a minimum number of bedrooms and bathrooms; • Requiring more than one garage; • Requiring construction (of a house, townhouse, etc), landscaping, or driveways to be completed within a stated period; • Prohibiting occupation (of a house, townhouse etc) before landscaping, fencing, driveways etc are completed; • Requiring a building to be oriented in a certain way to enhance the building’s external appearance; • Requiring minimum roof pitches to enhance the building’s external appearance; • Prohibiting particular roof colours; • Prohibiting use of specific materials or finishes for the roof or walls to enhance the building’s external appearance; • Prohibiting installation of a solar hot water system or PV cell to enhance the building’s external appearance; • Prohibiting energy efficient windows/ window treatments

Master Builders has supported the Government in taking action to prohibit covenants that have a negative impact on housing affordability. There is no doubt that removing covenants that restrict the size of homes reduces the cost of housing. The State Government’s own statistics show that by 2026 an increasing number of Queenslanders will live in smaller households. Housing design should be trying to keep pace with this demographic change. In addition, bigger homes use a lot more energy which flies in the face of governments working to reduce household energy use. Master Builders have supported prohibiting several covenants, in particular: • Requiring minimum floor areas; • Requiring a minimum number of bedrooms and bathrooms; • Requiring more than one garage; • Prohibiting occupation before landscaping, fencing, driveways etc are completed; • Requiring a building to be oriented in a certain way to enhance the building’s external appearance.

The developers’ rearguard action over Christmas a n d N e w Ye a r h a s worked; the State Government has shifted ground and reinstated a number of the prohibited covenants. negligible impact on housing affordability; however, we recognise that some of these are important in terms of reducing the environmental impact of residential buildings. The developers’ rearguard action over Christmas and New Year has worked; the State Government has shifted ground and reinstated a number of the prohibited covenants. Thankfully however, common sense prevailed and the Government has confirmed that those covenants that had the biggest impact on housing affordability will continue to be prohibited, in particular requiring minimum floor areas; and requiring a minimum number of bedrooms and bathrooms.

MONEY TALK:

Call to increase First Home Owners Grant Full story on page 2 The Real Estate Institute of Australia is calling for an increase in the First-Home Owners Grant (FHOG) to offset house price movements since the incentive was introduced in 2000.

Pool protection - new safety legislation Full story on page 5 Unfortunately in Australia, every year more than 35 children under 5 years of age drown and of those, 50% are in private swimming pools. All Australian pools are required to abide by strict new legislation.

D I S P L AY V I L L A G E S :

Exciting new display village opens at Sunshine Coast, Sippy Downs Full story on page 7

Great for home buyers who want ideas and inspiration, the village in Sippy Downs showcases 10 builders who have created 14 homes.

We are less concerned about those covenants that have a moderate or

DISPLAY VILLAGE LOCATIONS

INSIDE THIS EDITION

BIRKDALE 8 Homes Amalia St, St James Heights. UBD: Map 184, E2

BRIDGEMAN DOWNS 3 Homes Roghan Rd, Northview Estate UBD: Map 109, F12

CABOOLTURE 7 Homes Schipper Court, Central Lakes UBD: Map 48, G16

CALAMVALE 7 Homes Highlands Drive, Montruse Estate UBD: Map 220, G13

COOMERA 5 Homes Benecia Ave, Eolo Ln & Raggamuffin Dr, Coomera Waters

DAISY HILL 27 Homes Dennis Vale Rd, The Sanctuary UBD: Map 243, B4

BRAYS RD GRIFFIN 18 Homes Village located on Holly Crescent, follow signs from Brays Rd UBD: Map 89, Q19

PEREGIAN SPRINGS 3 Homes The Avenue, Peregian Springs UBD: SC Map 38, Q1

POTTSVILLE 4 Homes Lennox Circuit & Newcastle Street, Seabreeze Estate

SIPPY DOWNS 14 Homes Enter via Creekside Dr, Bellflower UBD: Map SC 88, H2

UPPER COOMERA 30 Homes Cabriolet Court, Hans St & Conestoga Way, Coomera Retreat UBD: GC Map 6, J1

WARNER 8 Homes Pontiac Circuit, Warner Lakes UBD: Map 98, E19


MONEY TALK

PUBLISHER Paul Le Mura and Associates PTY LTD ABN 77 010 526 833

ADVERTISING For bookings contact:

info@plmmedia.com.au Ph: 3216 0320 For further information on any articles, email

publishing@plmmedia.com.au

with the relevant article title or topic in the subject line along with your enquiry. We will get back to you as soon as we can with further information when possible. All material in this supplement is copyright and cannot be reproduced in any form without the written permission of the publisher Paul Le Mura and Associates PTY LTD. The statements made or opinions expressed in this supplement do not necessarily reflect the views of Paul Le Mura and Associates. Articles in this supplement are published only as a service to readers and should not be substituted for specific advice in respect of any project to be undertaken by that reader. This supplement does not accept responsibility for inaccuracies resulting from misinformation supplied.

Call to increase First Home Owners Grant The Real Estate Institute of Australia is calling for an increase in the First-Home Owners Grant (FHOG) to offset house price movements since the incentive was introduced in 2000.

$14,000 for established homes and $21,000 for new property. Whilst the boost ended last year, first-home buyers are still eligible for $7,000 as long as they purchase something priced under $750,000.

The grant was originally implemented to help offset the decline in new housing starts, resulting from the implementation of the GST. GST, remember, is payable on new homes but not established product. Not surprisingly, the grant was increased from $7,000 to $14,000 for new homes in March 2001. However, in January 2002, the additional $7,000 was reduced to $3,000, with this amount being withdrawn on 30th June 2002, leaving the original $7,000 per grant.

Now the REIA wants the grant increased to $15,000 for both new and established homes, and then indexed to median house price movements annually. That’s just beggars belief !

In October 2008, the current federal government, under the title, “First Home Owners Boost”, increased the FHOG to

Whilst vendors and real estate agents have benefited (enormously, in most cases), the grant has been detrimental to first-home owners. The grant is inflationary as it has been a major catalyst behind the rapid growth in residential prices over the last ten years and in particular the last 12 months or so. This has made housing unaffordable to many potential first home buyers and has increased

the size of first home mortgages by 125% since the grant’s introduction. Non first home mortgages have risen by just 90% over the same period. Also, the grant has resulted in fewer rather than more actual first-home buyers than otherwise might have been the case if no grant was offered at all! It also exaggerated the traditional property cycle and has not created many more new homes. If you don’t believe this, email – office@matusik.com.au – for a copy of Snapshot 394. If the government really wanted to help firsthome owners, they would remove the FHOG altogether. Removing HECS debt for first-home buyers would have more positive results; as would allowing first-home buyers to access their superannuation to help with the deposit. Better still, remove GST from new residential property altogether. New property would be cheaper and more new homes would be built. As it is, too many real estate agents do little for the money they apparently earn and giving them more tax payers’ money would be criminal. Lifting the grant would be like pouring petrol on fire. Let’s please spend what little remains in the government coffers more wisely than increasing the grant.

Editorial & Advertising enquiries: (07) 3216 0320 publishing@plmmedia.com.au

©

What do you think? Air your views on “Michael’s blog” at www.matusik.com.au

photo indicative only

Erwood L A de

*Photo Indicative

Sate, Un R O t Est

FMarke

Up

$689,000

LAND SIZE 600m2

“All the work is done and ready for immediate occupancy”

ures: Feat • 4 Bedrooms with extra large robes • Theatre/Lounge ready wired with surround sound • High ceilings • Exquisite fixtures and fittings throughout • Fully ducted air-conditioning • Intercom, vacuum system, security system and screens • Caesar stone tops throughout • Tiles to ceiling in both bathrooms • Alfresco facing North East with stunning water feature • Magnificent kitchen with European appliances including dishwasher and microwave • Top quality carpet and porcelain tiles throughout • Venetian blinds to all windows • Fully fenced and landscaped

To arrange an inspection please contact Fred on 0411 575 769

2

QUEENSLANDS

Adapted from the TV show

©


QUEENSLANDS

Adapted from the TV show

©

3


Infrastructure charges Infrastructure charges are costs imposed on developers through Council approval p r o c e s s e s a n d g e n e r a l l y c o v e r w a t e r, s e w e r, transport, recreation facilities and stormwater infrastructure. In the past, infrastructure provision was financed by the Local Government and developers and was characterised by relatively lower charges.

Keeping water tanks mosquito proof is a must in Queensland Did you know that you could be fined up to $225 on the spot for not keeping your water tank mosquito proof ? David Dennison, technical consultant with Dan’s Water Tank Services, advises all water tank owners to ensure they check their tank regularly and keep it maintained. “We can provide a detailed report on the

A VISIT OMES H ARDS OME H C I R LAY H DISP AY TOD

condition of your tank, including checking that it has been correctly installed and complies with the relevant regulations” he said. As a special promotion, Dan’s Water Tanks Services is offering this report, valued at $97, FREE for all Queensland’s Best Living readers. Just mention this article when you call to book an appointment – 1300 857 511.

In more recent times, a “user pays” principle has been adopted by Queensland Council’s and supported by State Government. The “user pays” principle has generally been interpreted as “purchaser pays” with costs passed onto the land buyer even though some of the infrastructure may service the wider community. Changes are intended to be applied through a Priority Infrastructure Plan (PIP) prepared under the Integrated Planning Act 1997. Despite having over 10 years to develop PIPs and a requirement to complete plans by June 2009, very few Council’s have completed and introduced plans. Those that have done so have significantly increased charges and levies. The Council’s who have not completed PIPs have introduced amended Planning Policies to apply increased charges. Charges under these policy changes

have also significantly increased. Studies by consultants Place Design comparing a range of Council’s identified an average increase of between 50-140% and with some in excess of 400%. While the concept of “user pays” may be appropriate in theory and increases in infrastructure supportable by Local Government as more sophisticated studies have identified the full extent of infrastructure provision and maintenance, there have been both anomalies and unforeseen (but not yet fully realised) consequences. Some developers have argued that the increased charges contain elements of ‘catchup’ for past failures to provide infrastructure, and have impacts beyond the development site by benefiting others or are set at the theoretical (rather than practical) development potential of a site. Irrespective of the rights and wrongs of the charges set, the increase in the charges are having a large impact on land prices. By Bruce Harper

A State-of-the-art solution for narrow blocks. ACCLAIM 303m2 of modern luxury living designed for the narrow 10m wide lots offered these days in the newer sub-divisions and re-subdivisions in the older Brisbane suburbs.

RH RH

Available in 2 attractive designs, ACCLAIM features dual living areas, a

DESIGNED FOR 10m BLOCKS

BSA 21037

P RO U D LY A Q U E E N S L A N D E R

For more information phone our head office on 5576 2900, visit one of our Display Homes or www.richardshomes.com.au

DISPLAY HOMES LOCATED AT: John Markwell Pde, DAISY HILL (UBD Bris Map 243 B4, Open 10am-5pm Sat to Wed, Ph 3299 4634); Amalia St, BIRKDALE (UBD Bris Map 184 E2, Open 10am-5pm Sat to Wed, Ph 3207 1695; Holly Cres, GRIFFIN (UBD Bris Map 89 Q20, Open 10am-5pm Sat & Sun only, Ph 3482 4465)

Building a new home? Let us sell your old one. Visit www.remax.com.au 4

QUEENSLANDS

Adapted from the TV show

©

RH139

rear pavilion, a front balcony over the double garage door and 4 bedrooms.


Pool protection - new safety legislation Unfortunately in Australia, every year more than 35 children under 5 years of age drown and of those, 50% are in private swimming pools. All Australian pools are required to abide by the following; • The swimming pool gate must open outward from the pool. • The gate latch must be more than 1.5m from the ground and must be self-closing and self-latching. • The pool fence must be secure and in good working order and no more than 100mm from the ground. • The pool fence should be at least 1.2m high with no vertical gaps more than 100mm apart. • There must be a CPR sign prominent in the pool area. Queensland has recently made changes to its fencing regulations split into two stages. Stage 1 for residential swimming pools constructed after December 1st 2009, the new rules include:

• Pool fencing must comply with the latest pool fencing standards – these can be found on our website at www.rodepools.com.au • Compliant temporary fences to be permitted for a maximum period of three (3) months during the construction of a pool, after which permanent, compliant fencing must be installed. Both of which must be inspected and certified by the building certifier who approved the application. If the final inspection has not been done, building certifiers will be required to undertake a mandatory follow up inspection within six months (for new pools) or up to two years (for new pool and residential building) after giving a building approval for a swimming pool. • Pool owners are required to display a cardiopulmonary resuscitation (CPR) sign that reflects the current CPR method

adopted by the Australia Resuscitation Council. Other requirements under Queensland pool fencing laws are: • Owners must ensure that a compliant fence is in place and maintained. • Owners must display a warning sign advising a new pool is under construction. • Owners must ensure pools constructed on or after 1 October, 2003 display a CPR sign.

• Local government can only grant exemptions in circumstances where an occupant of the building has a disability that will not enable them to gain access to the pool area if a complying pool fence was constructed. For more information about your pool fencing compliance or requirements please contact the Queensland Government at www.qld.gov.au.

QUEENSLANDS

Adapted from the TV show

©

5


Seabreeze 291 Grande

Riverview Bay Lodge

Seabreeze Outlook

Riviera Entertainer

www.ownithomes.com.au Chalet Entertainer

Let your computer do the work!

Seabreeze 380

Seabreeze Contemporary

We understand that everyday life can be hectic, so getting out to inspect a display home can sometimes be difficult. That’s why we’ve made life easy by creating a website that’s simple to navigate with extensive photo libraries, plans and contact details. It’s the next best thing to actually visiting the display home.

GRIFFIN:

Ph: 3491 8300. 4 & 6 Holly Cres. UBD Map 89, Q20. HEAD OFFICE:

Parklane Royale

Seabreeze 291 6

QUEENSLANDS

Adapted from the TV show

©

BIRKDALE:

Ph: 3207 1331. 8 & 10, Amalia St. UBD Map 184, E2.

DAISY HILL:

Ph: 3299 4611. 10, 12 & 14 Dennis Vale Dr. UBD Map 243, B4.

What somxteras charge as uede! we incl


Importance of the Development Industry to Queensland’s Economy

D I S P L AY V I L L A G E

Exciting new display village opens at Sunshine Coast, Sippy downs Sippy Downs is the location of the latest Master Builders display village. It’s a great achievement for the building industry organisation, which has created display villages all over Queensland. “Master Builders has been operating display villages on the Sunshine coast for several years,” says Martin Kerwin, project manager for Master Builders’ display villages. “We’ve had villages located at Kawana Waters, Peregian, Buderim, and as far north as Townsville, down to Pottsville in northern NSW, and as far west as Ipswich.” Great for new home buyers who want ideas and inspiration, the village in Sippy Downs showcases 10 builders who have created 14 homes. These Master Builders’ members are: Clarendon Homes, Ausmar Homes, Cavalier Homes, Coral Homes, GJ Gardner, Dwyer Quality Homes, Grandview Homes, McCarthy Homes, Metricon Homes and PJ Burns.

The development and construction industry in Queensland directly employs around 200,000 people and indirectly a further 100,000 people making it the largest industry employer in the State. The industry accounts for around $6 billion in direct and indirect taxes and $67 billion in turnover. (Source: UDIA)

(Left to right) Sunshine Coast Regional Council Deputy Mayor, Cr Tim Dwyer, Master Builders, Martin Kerwin, Investor, Ashley Nankervis.

“The village concept is the big story,” Martin says. “As the villages are independent of the estate’s developers, the individual builders keep their own identity”. This independence allows each builder the creative freedom to show what they can do. It also offers a great mix of houses for the home buyers who visit the village. “The village concept is a one-stop shop,” Martin says. “Because of the competitiveness of the builders, they want to show their best. The public is seeing the builders’ best work on display. The display homes are geared to show exactly what the builders build - great homes.”

There has been a significant downturn in the property industry over the past eighteen months particularly in relation to land development and house construction. Dwelling approvals which provide a useful snapshot to the health of the industry have dropped around 36.2% over the past 12 months with significantly larger falls in Queensland compared to other States. (Source: ABS). Regional Queensland has recorded even greater declines. A decline in employment in the construction sector in Queensland of over 8% has been recorded since August 2008 (Source: ABS). The First Home Owners Grant has provided some short term stimulus to this sector but dwelling approval and construction numbers are at levels that fail to satisfy underlying demand. This means that more housing will

have to be built in the future to satisfy this demand. While the Global Financial Crisis (GFC) has had a significant impact, the Queensland development industry has been impacted to a greater extent than in other States. South Australia and Victoria have held up well. Factors including a slowing of migration to Queensland, the previous sustained boom in Queensland and increased infrastructure charges appear to have compounded the situation here. Rising interest rates are likely to subdue demand as we return to more normal levels of building and construction activity. The good news is that the overall house prices have held up in Australia compared to other developed countries and there is cautious optimism that we will see continued growth over the next few years. By Bruce Harper

Two different display homes, one standard of excellence.

Above: GW Homes Gallery: Kagan Cl, Bridgeman Downs. UBD Map 109 – E11. Open 10–5, Sat to Wed. Display phone (07) 3263 5860.

Left: Portland Mk II John Markwell Pde, Daisy Hill. UBD Map 243 – B4. Open 10–5, Sat to Wed. Display phone (07) 3290 1244.

From the outside, GW Homes’ latest display homes may look very different from each other. One is stylish and contemporary, the other impressively modern/traditional. But they both share the exacting standards of excellence that’s made us famous over more than forty years, for satisfying our clients so completely that many of them have come back to us for their second, third and even fourth homes. If that’s the standard of excellence you want in your new home, talk to us soon. G.W Homes is a trading name of G.W Enterprises Pty Ltd QBSA Lic No 694 GW1879.indd 1

GW1879

893 Stanley Street East, Woolloongabba Phone (07) 3393 1399 www.gwhomes.com.au 18/3/10 1:14:56 PM

QUEENSLANDS

Adapted from the TV show

©

7


Is this South East Queensland’s most ‘Affordable Land’? Does an average 800sqm fully serviced homesite from $168,500 less a land rebate at settlement of $10,000 and a 1 in 30 chance to win $25,000 sound too good to be true?* Not with Flagstone Estate’s latest release, ‘Flagstone Rise’. To reinforce just how affordable the ‘Flagstone Rise’ land can be, the next 30 eligible buyers who settle on or before 25 June 2010 will receive a $10,000 rebate per lot and go into a draw to become $25,000 richer. This is the perfect opportunity to secure affordable homesites ranging from 609sqm to 1,017sqm, located just 45 minutes from the Brisbane CBD and Gold Coast.

Knight Frank Sales and Marketing Manager Michael Rozic said the $10,000 rebate and chance at $25,000 had generated a lot of interest in ‘Flagstone Estate’ which he described as urban living in an exceptional rural location. “‘Flagstone Rise’ offers the best of both worlds and is the gateway to the future masterplanned community of Flagstone City,” Mr Rozic said. “The large, affordable homesites are surrounded by sweeping parks and beautiful bushland but at the same time are within strolling distance of schools, shops and recreational amenities.

“If you’re looking for an investment in location and lifestyle, this offer will be hard to go past.” New parks and an impressive amphitheatre overlooking Sandy Creek were recently completed at Flagstone Estate. The community can now enjoy a performing arts stage, public amenities, barbeque facilities and picnic shelters. Don’t miss out on this incredible offer. To register your interest call 07 5546 0594, visit www.flagstoneestate.com.au or visit the Sales Centre today: Flagstone Estate Sales Centre Corner of Homestead and Bushman Drives Jimboomba (UBD Map 301:M13)

‘Flagstone Rise’ offers the best of both worlds and is the gateway to the future master-planned community of Flagstone City * Conditions apply see http://www.flagstoneestate.com.au/ FlagstoneTandCs_web.pdf.

Be one of the first 30 buyers to settle on your block of land before 25th June 2010 to receive a $10,000 land rebate PLUS have a 1 in 30 chance to win $25,000 CASH!* Land now selling from $168,500 before rebate.^

*

Proudly developed by

Sales Centre open 7 days 10am-5pm Shop 3 Flagstone Shopping Village, Corner Bushman and Homestead Drives, Flagstone Estate, Jimboomba. UBD: 301 M13

QUEENSLANDS

Ph: 07 5546 0594

Proudly marketed by

www.flagstoneestate.com.au * Conditions Apply. A full copy of the conditions are available at http://www.flagstoneestate.com.au ^ May vary subject to contract terms.

58813

8

For the terms & conditions of this offer drop into our Sales Centre, visit our website or give us a call, this is for a limited time only so HURRY!

Adapted from the TV show

©


Feather your ‘Nest’ with a $15,000 rebate More often than not,

Knight Frank Sales and Marketing Manager Michael Rozic said the $15,000 rebate and chance at $25,000 would build even more excitement around The Nest.

the acreage lifestyle dream is out of reach for many homeowners. However this is set to change with Spring Mountain Estate offering it’s next 33 buyers a $15,000 rebate, plus a 1 in 33 chance to win $25,000.* Buyers settling before 25 June 2010 at Spring Mountain Estate’s latest release, The Nest, will not only receive a $15,000 rebate when they secure their dream homesite – they could possibly walk away $25,000 richer. The Nest is a rare opportunity to purchase premium Brisbane acreage ranging from 4,000sqm to 8,851sqm and priced from just $238,500 (before rebate). Conveniently located just 45 minutes from the Brisbane CBD and the Gold Coast, The Nest’s views need to be seen to be believed, with extensive vistas to the Tamborine Range in the east and Flinders Peak in the south.

B

a e

In addition to its natural ambience, the estate offers fully fenced lots with treated timber to the front boundaries, concrete driveway entries and fully landscaped boulevards. “Rural residential acreage lots are going to become a thing of the past in the not too distant future,” Mr Rozic said. “Spring Mountain Estate has been left largely

in its natural state, guaranteeing buyers a bushland backdrop. “Typically residents are owner-occupiers who are taking advantage of the space and lifestyle here.” “Around 60 per cent of buyers are locals; they know the area and are keen to build on larger blocks of land.” In addition to its natural ambience, the estate offers fully fenced lots with treated timber to the front boundaries, concrete driveway entries and fully landscaped boulevards. Buyers will need to be quick – this amazing offer is only valid for homesites settled prior to 25 June 2010. Visit www.springmountainestate.com.au or contact the sales office today to register your interest: Spring Mountain Estate Sales Centre Spring Mountain Drive (Cnr Pademelon), Greenbank, QLD, 4124 Phone: 07 3297 7600 Knight Frank Australia * Offer available to buyers that settle contract before 25.06.10. Conditions apply see http://www.springmountain.com.au/ pdf/25k_cash_bonus_incentive_terms_conditions.pdf

p p i o n r g o d ffer k Be one of the first 33 buyers to settle on your block of land before 25th June 2010 to receive a $15,000 land rebate^

PLUS have a 1 in 33 chance to win $25,000 CASH!^ Land now selling from $238,500† before rebate.* To find out more, drop into our Sales Centre, give us a call or visit our website.

Proudly developed by

Sales Centre, Spring Mountain Drive, (Cnr Pademelon), Greenbank, QLD 4124. Open daily 10am – 4pm. UBD Ref. 277 H6.

Call: 07 3297 7600

Proudly marketed by

springmountainestate.com.au

^ Conditions Apply. A full copy of the conditions are available at www.springmountainestate.com.au. * May vary subject to contract terms. †Whilst all care has been taken in the preparation of the particulars contained herein, no warranty can be given and interested parties must therefore rely on their own enquiries. Subject to local authority approvals and stock availability.

QUEENSLANDS

Adapted from the TV show

©

9


Future looking bright for Sunshine Coast property A drop in median prices for the Sunshine Coast housing market over the 12 months to December ’09 may seem like a negative result, but according to RP Data’s senior research analyst, Cameron Kusher, it could represent a good start for the Coast’s property market in 2010 as opportunities to purchase at great prices still exist.

Cameron says he’s expecting the demand for lifestyle regions such as the Sunshine Coast to increase during 2010 as consumer and business confidence returns in the wake of a share market bounce back and positive economic indicators.

positive growth in Sunshine Coast houses of 3.9 per cent and for units at 2 per cent. Cameron says he’s expecting the demand for lifestyle regions such as the Sunshine Coast to increase during 2010 as consumer and business confidence returns in the wake of a share market bounce back and positive economic indicators. “The price drop in coastal and prestige markets has created some great opportunities to secure high-quality properties at competitive prices. And while opportunities remain and we are yet to see prices going up again, the chance to capture a well-priced luxury property is decreasing every day. As the market continues to rebound, the likelihood of more active buyers for coastal and lifestyle property increases,” Cameron says. Statistics aside, anecdotal evidence suggests there has been a noticeable positive shift in property sales across the Sunshine Coast in 2010. Real Estate Institute of Queensland (REIQ) Sunshine Coast Chair, Brett Graham,

says the Coast’s unique natural assets, desirable lifestyle and ongoing population growth from 313,000 in 2008 to the anticipated half a million by 2031 holds the Coast’s property market in good stead. “For those who buy real estate now, hold onto it, you’ll be looking back on 2010 and realising the value,” he says. This comes as the Sunshine Coast Regional Council unveils the Structure Plan for the Sunshine Coast’s principal activity centre (PAC) to 2031. The plan went on public display on Tuesday 9 March and is open for public consultation until April 21. The plan outlines what should be done and where, according to the Sunshine Coast Regional Council with input from public submissions and the Queensland Government. Overall, the Structure Plan covers almost 206 hectares in the heart of Maroochydore, roughly bounded by Maroochy Boulevard,

Jade Harrison Editor, My Property Preview.

Maroochydore Road, Horton Parade, Aerodrome Road, Maud Street, Sugar Road and the Sunshine Motorway. It aims to create 29,500 jobs by allocating 150,000 square metres of new commercial floor space and 65,000 square metres of new retail floor space by 2031. Among the new shops and offices will be significant community facilities including a regional arts and entertainment centre, public amphitheatre, regional library and civic plaza. The boosts in employment, economy and lifestyle, along with increased services and amenity are expected to generate real estate heat for the Sunshine Coast property market.

This median house and unit price drop (-1.4% for houses, -.04% for units) across the last 12 months can be attributed to the Global Financial Crisis (GFC) which hit nation-wide, plus the stimulation of the entry-level market for property under $500,000 due to the government first home buyer incentive. The hype of activity in the entry-level market has somewhat skewed the median property prices across the nation to reflect a somewhat negative growth for the period, in contrast to the five-year growth data which showed

The freshest way to buy and sell real estate on the Sunshine Coast MORE SELLERS | MORE BUYERS | BETTER RESULTS

10

QUEENSLANDS

Adapted from the TV show

©

When you want it sold

Call 5443 8866 for details sales@mypropertypreview.com.au


Not only is that great value, but for a limited time Hallmark Homes are taking a further $4,500 off the list price of any new home built from the Flair range p , 2010. before 15th April,

* Conditions apply.

2010 HOMES AT 2008 PRICES!

FLAIR 219

$ 121,900

FLAIR 1

$ 114,400

FLAIR 223

(21.6sq)

(24.0sq)

$ 129,400 DAISY HILL. COOMERA RETREAT. CALAMVALE. 4 Dennis Vale Dr. 11 Riverina St. 9 Conestoga Way. 3272 6200/3272 6255 3808 1899 5500 0883

FLAIR 253

FLAIR 258

$ 141,400

www.hallmarkhomes.com.au

0

$ 128,40

(27.3sq)

MOUNTAIN CREEK. NORTH LAKES. SPRINGFIELD LAKES. 12 Gleeson St. 10 Ponytail Circ. 11 Rosella Cres. 3491 8400/3886 5331 3470 1882/3470 1883 5437 9797

(23.6sq)

(27.8sq)

$ 139,900 WARNER LAKES. 39 Como Circ. 3205 8077

QBSA No. 23846

FLAIR 201

) 81 (19.5sq

1300 326 515 QUEENSLANDS

Adapted from the TV show

Š

11


12

QUEENSLANDS

Adapted from the TV show

©


Housing in Queensland - let’s get it right! There is no argument that Queensland is the preferred Australian destination for people who value climate and lifestyle. Although immigration patterns are changing, Queensland continues to attract new residents from overseas and interstate, roughly 1400 people per week over the last decade. In the year to June 2009, Queensland’s population, including births, grew by 112,900. When you add into the equation a steep increase in births against a relatively stable mortality rate, Queensland is Australia’s fastest growing population. With Queensland holding 20.1 per cent of Australia’s total population, our share of population growth in the 12 months to June 2009 was 25.5 per cent.That translates to around 70 new homes per day to accommodate Queensland’s new arrivals. Where are we going to put them?

John-Paul Langbroek Leader of the Opposition

Talk to anyone in the construction or real estate industry and they will tell you Queensland is bursting at the seams, particularly in the southeast corner. It never ceases to amaze me no matter where I travel throughout the state, new developments appear to be springing up yet I hear a constant refrain that we don’t have enough housing to meet existing let alone future demands. It also worries me as a parent of teenage children that the dream of home ownership is becoming harder to attain and that they will struggle to achieve in later life what most Australians have regarded as a right. Of course that dream, particularly here in Queensland, has been a free-standing home on a quarter acre block – more if opportunity and means allow it. The reality is that Queensland has a finite land area, and there are competing demands for that land when we try to balance the need for housing against the need for ecological and environmental balance.

It also worries me as a parent of teenage children that the dream of home ownership is becoming harder to attain and that they will struggle to achieve in later life what most Australians have regarded as a right.

For example, in the southeast corner, much undeveloped land is endangered koala habitat and we sometimes struggle to weigh the need to build more housing against the undoubted need to preserve and protect this iconic Australian species. This is the problem facing governments of all persuasions and at all levels; how to find enough suitable land close to facilities, amenities and employment to meet this constantly growing demand. This is another constant refrain I hear as I travel about; we don’t have and we don’t appear to be constructing sufficient infrastructure to cater for present let alone future needs of Queensland’s population. The most obvious need is water and I don’t need in this forum to explain to you the problems we already have supplying sufficient water to the state, let alone what future demands might be. Add to the mix power, schools, hospitals, other community services such as shops, public transport and above all long-term employment opportunities and you begin to get an idea of the scale of the problem. Anyone who has been involved in new construction or simply converting an existing building for a new purpose knows the hassle and cost involved in dealing with layers of bureaucracy to get approval for even the simplest tasks. The challenge for any government is to reduce and simplify bureaucratic process while balancing the often competing demands of maintaining appropriate standards for our climate and protecting our fragile environment. Perhaps the greatest challenge is to build

the necessary infrastructure and provide the appropriate opportunities not to mention incentives to attract people out of the saturated southeast corner and into parts of the state where land is more readily available. That is easily said but it is the major challenge now and into the future while ever Queensland remains Australia’s most popular destination for the quality of life it offers.

QUEENSLANDS

Adapted from the TV show

©

13


PROPERTY FOCUS

Flexibilty in building new homes GM Homes (Australia) is a new company, but rich in experience. The management of GM Homes’ have a combined experience of over 20 years in the residential land and housing industry and it is their passion for doing what they do best, coupled with a vision of providing unrivalled value for money and quality that has seen GM Homes emerge as a “new player in the contract homes arena”.

Mr Garrick Bull, Managing Director of GM Homes, stated that the company philosophy was quite simple – “we want GM Homes to be known for great quality and best price”. GM Homes has taken a particular focus on creating designs that are true “open plan” homes, coupled with contemporary façades. This company has spent a lot of time researching the market on upcoming trends from both a consumer and developers perspective.

At GM Homes, you will find designs that are cognisant of emerging developer lot sizes and are focussed on meeting housing ‘affordability’ issues head on. They have an extensive product selection range (single and double storey homes) that suit 10m lots all the way through to your more “traditional” 20m frontages. Flexibility to change standard plans to suit your family needs and/or upgrade any of the quality standard inclusions is a hallmark of

We want GM Homes to be known for great quality and best price.

the GM Homes business approach. A strong focus on client relationships is evident from the moment you begin discussions with this company. At GM Homes their ability to match ‘buying powers’ generally reserved for the bigger companies, interwoven with their business strategy of low margin, high turnover will ensure the client gets ‘true value for money’. But don’t take their word for it – go in and compare the “final price” they have on offer to those of other building companies, after all it is the “final price” that really counts when you compare true value for money. GM Homes has its first display opening on

Saturday 27th March, 2010 at the Delfin/ Lendlease “Woodlands Estate” at Waterford. The Bayside 2425 is a stunning 225m2 “family home”. It has 4 spacious bedrooms, a study nook and the ability to convert the living room into a functional home theatre. An “option” to increase the size of this home by providing a childs activity room, as well as a study nook, is available. Boasting a choice of 10 contemporary façades, as well as the flexibility to change the plan and upgrade inclusions in the home, is all part of the service at GM Homes. Visit the Bayside display today at 32 Richmond Crescent, Waterford (UBD Ref 263 A20).

W O N T EC P S IN

Griffin Heights.18 Homes. 12 Master Builders Holly Crescent, Griffin Heights. Enter estate off Brays Road. UBD REF: Map 89, Q19. ENTER HERE Vermilion Avenue

HWAY

E AV EN U

BRUCE HIG

N

ST

GRIFFIN HEIGHT MASTER BUILDERS DISPLAY VILLAGE

HOLLY CR

ES

IRL

PA RA DE

ING

DE

©

VERMILIO

ROAD

NA

Adapted from the TV show

GRANDV IEW

A PL ES

QUEENSLANDS

BRAY S

T

14

Dwyer Quality Homes. 3491 9173 Homedesign Building Group. 1800 466 388 Ownit Homes. 3491 8300 Path Developments. 0416 023 334 Perry Homes. 3482 2596 Richards Homes. 3482 4465

R OU GREVILLIA C

Aushomes. 1300 661 570 Austart Homes Brisbane. 3886 2193 AV Jennings. 131 878 Coral Homes. 3886 5312 Bella QLD Properties. 0430 089 120 DJ Roberts Constructions. 3871 4961

HENRY RO AD

BRAYS ROAD

WILLIAM

ROAD


The Sanctuary Master Builders Display Village If you're looking to build and haven't visited a Master Builders display village, then you haven't seen the best of the best. You'll find 7 villages throughout the Brisbane region and more located up and down the coast, each one different from the other with every home uniquely designed for that village. One of the largest Master Builders display villages on the southside can be found at The Sanctuary, Daisy Hill. Whether your after your first, second or even your third home, you are bound to find it here with 27 exclusive designs that are nothing short of spectacular. Quality, innovation and diversity are key factors when choosing your dream home and you can rest assured every Master Builder here at The Sanctuary delivers that and much, much more. Inspect this incredible variety of new home designs today and be inspired by the sheer craftsmanship. You won't be disappointed.

Address:

Dennis Vale Rd, The Sanctuary Corner of Daisy Hill Rd and Chatswood Rd,Daisy HIll.

Master Builders on Display Austart Homes Brisbane. 3208 4567 Cavalier Homes Brisbane. 3209 1461 Chelbrooke Homes. 3209 4314 Colonial Building Co. 3208 7333 Coral Homes. 3208 4188/3208 4177 Courage Homes. 3299 1958 DJ Builders. 3208 5236 Golden Edge Homes. 3299 3100 GW Homes. 3290 1244 Hallmark Homes. 3808 1899 Individually Design Homes. 3299 4098 McCarthy Homes. 3209 3677 Metro Homes. 3209 2968 Ownit Homes. 3299 4611 Perry Homes. 3299 2564 Richards Homes. 3299 4634 Ropann Constructions. 3290 1756 Steve Parcell Homes. 3299 5144 Sunstate Homes. 3299 4220

Open Hours

Open 7 Days 10am - 5pm Check opening times with individual builders

THE SANCTUARY MASTER BUILDERS DISPLAY VILLAGE

UBD Ref: Map 243, B4 SLACKS CREEK

For Land Enquires Phone: 3299 4114

EXIT 25

QUEENSLANDS

Adapted from the TV show

Š

15


VISIT US TODAY BIRKDALE 8 Homes Cnr Quarry & Clive Rd, St James Heights. UBD: Map 184, E2

BRIDGEMAN DOWNS 3 Homes Roghan Rd,Northview Estate UBD: Map 109, F12

CABOOLTURE 7 Homes Schipper Court, Central Lakes UBD: Map 48, G16

CALAMVALE 7 Homes Highlands Drive,Montruse Estate UBD: Map 220, G13

COOMERA 5 Homes Benecia Ave, Eolo Lane & Raggamuffin Dr, Coomera Waters

DAISY HILL 27 Homes Dennis Vale Rd,The Sanctuary Cnr Chatswood & Daisy Hill Rd, Daisy Hill. UBD: Map 243, B4

BRAYS RD GRIFFIN 18 Homes Village located on Holly Cres,Griffin Heights. Follow signs from Brays Rd. UBD: Map 89, Q19

PEREGIAN SPRINGS 3 Homes The Avenue,Peregian Springs UBD: SC Map 38, Q1

POTTSVILLE 4 Homes Lennox Circ & Newcastle Dr, Seabreeze Estate

SIPPY DOWNS 14 Homes Enter via Creekside Dr, Bellflower UBD: Map SC 88, H2

UPPER COOMERA 30 Homes Cabriolet Court, Hans St & Conestoga Way, Coomera Retreat UBD: GC Map 6, J1

WARNER 8 Homes Follow the signs from the entry to Warner Lakes off Old North Rd, Warner. UBD: Map 98, E19

View Display Locations online:

www.homeandstyle.com.au

OPEN 7 DAYS . 10am-5pm Check with individual builders


QBL0210