PROPERTYMASH.COM the place to search for new property
TOP 3 INTERIOR DESIGN
TRENDS OF 2019 THE FUTURE OF HOUSING IN BRISBANE
Bitcoin Buyers INTRODUCING
THE BRIGHT CITY EVERYTHING YOU NEED TO KNOW ABOUT PROPERTY ON THE SUNSHINE COAST
Queensland's only dedicated new property magazine SUMMER EDITION 2019
UNDER CONSTRUCTION & SELLING NOW
CLASSIC STYLE & SOPHISTICATION BEST VALUE PER SQM 1 MINUTE WALK TO BROADWATER & PARKLANDS 1 bed, 1 bath, 1 car $352,000 2 bed, 2 bath, 1 car $422,000 3 bed, 2 bath, 2 car $612,000
110 Frank Street LABRADOR
Extra Car Spaces & Storage Units Available
1 bed, 1 bath, 1 car $352,000 2 bed, 2 bath, 1 car $422,0003 bed, 2 bath, 2 car $612,000
Display NOW OPEN 64 Frank Street Labrador
0404 452 731 info@scpm.com.au www.scpm.com.au/summit
SU M M ER
2019
FEATURES
15 PROPERTY REVIEWS: BRISBANE Three of Brisbane’s newest off-the-plan projects reviewed by PropertyMash journalists.
16
9
EVOLUTION OF THE CBD SKYLINE From 1930 to 2019, see the skyscrapers that changed the shape of Brisbane.
30
35 WHAT’S HAPPENING Keep up with the latest in new and off-the-plan property this summer.
38 READY NOW Don’t want to wait for an off-the-plan apartment? Here are five properties you can move into today.
47 PROPERTY REVIEWS: GOLD COAST Read independent reviews on some of the Gold Coast’s new developments.
THIS ISSUE 26 AWARD WINNING PROJECTS Take a look at the projects who took home this year’s top property awards.
FEATURE STORY With a myriad of luxury residences and a new CBD, PropertyMash takes a look at what’s to come for the Sunshine Coast
20
30 WHERE TO FIND LAND ON THE GOLD COAST Searching for a new house and land estate but not sure where to look? We’ve done the scouting for you.
42 TOP INTERIOR DESIGN TRENDS FOR 2019
42
From curved walls to floor-to-ceiling glass, these are the enviable interior features you should be looking for.
43 THE FUTURE OF SMART HOMES What lies in store for the next generation of residential automation?
ON THE COVER BANYAN TREE RESIDENCES 48 RIVER TERRACE, KANGAROO POINT CONTACT ROSIE ON 0417 752 229
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Advertising deadline for AUTUMN 2019: 4 March 2019. PUBLISHER’S INDEMNITY: Those who make advertising placement and/or supply copy material or editorial submissions to PropertyMash undertake to ensure that all such material does not infringe any copyright, trademark, defamation, libel, slander or title, breach of confidence, does not contain anything obscene or indecent, or does not infringe the Trade Practices Act or other laws, regulations or statutes. Editorial content should not be relied upon by you or any other person and we recommend that you seek professional advice before acting on the content. All content in this publication is copyright. For reproduction or use of PropertyMash copyright material written permission must be obtained directly from PropertyMash or the relevant copyright owner. All property information, including prices, are accurate to the best of our knowledge but we make no representation as to their correctness. Prices change regularly and errors may have occurred in this publication. You must not rely on these prices and/or information and you must verify this yourself prior to using this information for any reason, including purchasing a property.
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PAGE 5
A note from our founder’s desk... Happy New Year! And welcome to the third edition of the PropertyMash magazine. PropertyMash is dedicated to bringing you every single new and off-the-plan property in Queensland. With details on 400+ projects at PropertyMash.com you can search four times more projects than any other website — enabling you to understand the market and find the right property. SUBURB PROFILE: Springfield Page 28
This summer we are all about the future, from smart homes (page 43) to Queensland’s newest city (page 18). We also look forward at the up-and-coming design trends for 2019 (page 42) and if you are looking for land, look no further, we have everything you need to know on page 30. In this edition, we continue our series on the Top 5 Luxury Apartments, this time on the Sunshine Coast (page 20), as well as a look back at the evolution of the Brisbane skyline (page 9). It really shows how much Brisbane has grown, and what a fantastic contribution property development has made to our city. We hope you enjoy our Summer 2019 magazine!
Cameron
Black
THE PROPERTYMASH TEAM Founder Cameron Black
Editor Sarah Tayler SUBURB PROFILE: South Brisbane Page 36
Journalist & Graphic Designer Jade Horrobin
Journalist Inais Black
Digital Marketing Hannah Nguyen
Business Development Manager Dylan Carey
EDITORIAL ENQUIRIES editorial@propertymash.com 07 3177 0406
ADVERTISING ENQUIRIES SUBURB PROFILE: Coomera Page 40
dcarey@propertymash.com 07 3177 0505
FOLLOW US TO KEEP UP WITH THE LATEST IN OFF-THE-PLAN PROPERTY NEWS! @PROPERTYMASH
PAGE 6
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SOUTH BRISBANE’S BEST-CONNECTED LOCATION 750m to Brisbane’s CBD & close proximity to UQ, QUT & Brisbane State High School. Luxury lifestyle residences now selling. Inspect our furnished display apartments. PRICED FROM
$399,000
ivyeve.com.au Ivy + Eve, 22 Merivale Street, South Brisbane
Call John on 0431 609 878 to schedule an inspection or learn more. Open home on Wednesday 6 – 7pm and Saturday 1 – 2pm or by appointment.
PROPERTYMASH.COM the place to search for new property
With new projects and news articles uploaded to our site daily, PropertyMash.com is your place to search for new and off-the-plan property.
MORE THAN FOUR TIMES THE NEW PROPERTIES THAN ANY OTHER WEBSITE.
BREAKING NEWS
Queens Wharf
EXCLUSIVE OFFERS
MARKET OVERVIEWS
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INDEPENDENT PROPERTY REVIEWS
The Coterie
CONSTRUCTION UPDATES
SUBURB PROFILES
Mali
READ IT ONLINE
E VOLUTION OF THE
BRISBANE SKYLINE The quest for height has been driving architects and developers since the dawn of cities. Taller, bigger, better has been the mantra for the better part of the last 80 years. In the late 19th century, the phrase ‘skyscraper’ was used to describe any
building over ten storeys tall. Now, the cut off to be deemed a skyscraper sits at around 150 metres: four-times taller than the 1880s. With engineering developments came outstanding feats of height, and now, there are 16 skyscrapers in Brisbane alone.
In 2018, Brisbane was home to three of Australia’s top twenty tallest buildings. Over the next four years, this number is expected to climb significantly higher with a further 18 skyscrapers currently proposed. Set to be completed early this year, the 274-metre Brisbane Skytower will be first to reach the city’s aviation-enforced ceiling and will become the third tallest building in the country. While Q1 will retain the crown for the Sunshine State’s tallest structure (sitting at 322 metres) for the foreseeable future, Brisbane’s skyline is looking up. If Lord Mayor Graham Quirk had his way, the aviation ceiling would be raised to sit at 300 metres: and there are plenty of developers in Brisbane who are keen to rise up to the challenge.
Brisbane is reaching new heights as the first building to top out the 274-metre ceiling, Brisbane Skytower, reaches completion early this year.
Brisbane Skytower
Brisbane’s upward journey began in 1930 with City Hall. A building that once dominated the skyline for 40 years is now dwarfed by its 21st-century counterparts. The reign of City Hall came to an end when the 114.7 metre Westpac Building was completed on Queen Street in 1970. Within the next two decades, the title of “Tallest Building in Brisbane” would be worn by five different buildings. Over this time, the skyline grew by nearly 85 metres.
makes use of airspace, instead of horizontal area, so they can be placed right in the centre of the action. This means less strain on public services including everything from utility supply to public transport.
Although it is the latest and certainly the
The developers of Brisbane Skytower, Billbergia, understand this whole-heartedly. Upon completion, Skytower will be home to the largest number of residents in any single building within the Southern Hemisphere.
In 2006, the Aurora building hit 217.3 metres
It was in 1988, when Central Plaza One took the crown, that Brisbane officially entered the age of the skyscraper. Yet, it was the completion of the Riparian Plaza that set off the transformation which created the modern CBD we see today. This building was the first skyline-worthy tower that was residential. All others that held the title before had been exclusively office buildings, but with Riparian Plaza, “sky-high living” took on a whole new meaning.
LIVING IN A SKYSCRAPER IS IN A LEAGUE ALL ITS OWN. AS WELL AS THE OUTSTANDING VIEWS, LOCATION AND AMENITIES, THERE’S A MORE WIDESPREAD SIGNIFICANCE TOO.
Living in a skyscraper is in a league all its own. As well as the outstanding views, location and amenities that come with these apartment towers, there’s a more widespread significance too. Skyscraper living is undoubtedly the most efficient. It
Billbergia’s Opertations Manager, John Fitzgerald, has worked on skyscrapers around the world and understands the fundamental change a building like Brisbane Skytower can bring to the city. “It sets a new benchmark for scale and quality. Skytower will house up to 3,000 residents when complete — the equivalent of a small town,” he said.
most impressive, before Brisbane Skytower, three other exclusively residential towers held the “tallest building” title after the mixed-use Riparian Plaza.
and held the title for six years before Soleil and then Infinity Tower stole the crown in quick succession of each other. Beating out the Infinity Tower by just 4.8 metres to the tip of the spire was One William Street. The location and size of this building has cemented its place as a prominent player in the Brisbane skyline. Coming over the Riverside Expressway towards the CBD, it almost looks out of place in its grandiose. Three years after One William Street’s completion, Brisbane Skytower takes the title back to the residential sector. Exceeding its predecessor by over seven metres was not without its challenges for both the architects and for Hutchinson Builders, known as Hutchies, who have been spearheading construction on the project. “The height of Skytower presented a unique and rare opportunity to build large sections
1988
1970 1930 CITY HALL 95.7m
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WESTPAC BUILDING 114.7m
1971 SUNCORP PLAZA 131.6m
1986 1977 AMP PLACE 139.7m
RIVERSIDE CENTRE 147.9m
CENTRAL PLAZA ONE 180.6m
HUTCHIES ESTABLISHED NEW CONSTRUCTION TECHNIQUES TO BUILD SKYTOWER, INCLUDING A FIRST-OF-ITS-KIND CRANE THAT HYDRAULICALLY MOVES UP AND DOWN THE FINAL FEW FLOORS. of the tower while lower levels were fully operational, servicing residents and short-term accommodation,” said John. “Hutchies has established new construction techniques to build Skytower, with constraints on the height limit in Brisbane, including a first-of-its-kind cantilevered flathead crane that hydraulically moves up and down to service the final few floors of the building’s construction”. Looking to the future and a possibly extended height ceiling, there’s no doubt a lot to come for Brisbane. More high-density housing solutions and skyscrapers will rise up to meet the demand for urban living in our CBD and surrounding suburbs. There are already two more buildings currently proposed that top out at 270 metres. But for now, Brisbane Skytower has earned its rightful place as king of the Brisbane skyline.
Brisbane Skytower. Photo by @badstance
2005 RIPARIAN PLAZA 203.3m TO ROOF 253.3m TO SPIRE
2012 2006
SOLEIL 251m
2019
2014
2016
INFINITY TOWER 262m
ONE WILLIAM STREET 224m TO ROOF 266.8m TO SPIRE
BRISBANE SKYTOWER 274m
AURORA 217.3m
PROPERTYMASH.COM the place to search for new property
PAGE 11
Bitcoin Buyers With a dramatic rise in popularity over the last few years, Bitcoin has been making waves. Could 2019 be the year Queensland developers start accepting Bitcoin as payment for new homes? By now, most people will have
the first property in Australia to be
heard of Bitcoin. But establishing a
purchased with cryptocurrency. In the last
working understanding of the way the
year, the popularity of Bitcoin has ascended
cryptocurrency actually functions is a
into the stratosphere, with prices continuing
whole different ball game. While the phrase
to rise and no imminent crash expected.
“decentralised digital currency” is thrown around like confetti, it’s rare to come across a genuine explanation in laymen’s terms of what Bitcoin actually is. In its essence, Bitcoin is a currency that exists (and is transferred) exclusively via the internet. There are no banks, no centralisation and no conversion rates or sky-high fees. Since its emergence in 2009, Bitcoin has gone from a novelty internet product to a major player in global finance.
But are we ready to accept Bitcoin as payment for new property in Brisbane? Are developers willing to play ball?
IS ACCEPTING BITCOIN FOR OFF-THE-PLAN PROPERTY SET TO BECOME A WIDE-SPREAD TREND? AN INDUSTRY-WIDE LEAP INTO THE FUTURE? THE REALITY IS, PROBABLY NOT.
In the last few years, the prevalence of
Brisbane-based developer Linzen is ready to
Bitcoin has reached such a rate that many
rumble. Last year, Linzen became the first
brick-and-mortar businesses have started to offer Bitcoin as a payment method, without the need to convert to Australian dollars. Australia is ahead of the pack when it comes to accepting cryptocurrencies. Brisbane Airport is the first airport in the world to be recognised as “crypto-friendly”, accepting
property developer in the state to offer full or partial Bitcoin payment for an off-the-plan townhouse. The development, Dakabin Crossing, is located in the fast-growing Moreton Bay Region, offering contemporary, architecturally designed townhouses of three or four bedrooms.
Bitcoin and several other cryptocurrencies.
This begs the question of whether or not
Private car sales have been taking place
accepting Bitcoin for off-the-plan property
via Bitcoin trade for years and in 2017, a
is set to become a wide-spread trend. An
Victorian home valued at $2.5 million was
industry-wide leap into the future? The
sold via Bitcoin in a private sale, becoming
reality is, probably not. The very nature of
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Dakabin Crossing
Bitcoin means that it’s more unstable than any centralised currency. The market price of cryptocurrencies like Bitcoin can vary up to 20 percent within a single day, which can make a significant difference when talking about property. For developers, having a substantial chunk of their revenue caught up in Bitcoin is perhaps a risky move. In December of 2017, the price of Bitcoin skyrocketed to an all-time high of $25,000. Yet, a year later the average price of a single Bitcoin in December of 2018 was just over $4,500. For buyers prone to lucky investment choices, Bitcoin could be a dream come true. The purchase of property with Bitcoin allows those who invested several years ago (back when a single Bitcoin was $8) an opportunity to offload significant gains into a real-world investment, or even their first home. Regardless of the risks, there’s no denying Bitcoin is a significant part of the financial market, and as a result, the property market. The increased use in the mainstream market through companies like Linzen is what will drive cryptocurrencies forward until they’re as much a part of the market as any fiat currency.
DECLUTTERING TO DOWNSIZE Should it stay or should it go? Whether you are a hoarder or a compulsive declutterer — moving to a smaller property will mean saying goodbye to a few things. Throwing out or donating an object that you have owned for twenty or thirty years can be tough, even if you dislike it. After all, it is the familiarity of our everyday belongings that can make a home feel like home. Studies have shown that donating, selling or throwing things away is actually more satisfying than buying new items. So if you need a pick-me-up that will be good for downsizing and your wallet, get decluttering! Downsizing and decluttering is also thought to help people better live in the moment, shedding the past and letting you mentally prepare for what’s to come. In summary, you need to get ruthless with your decluttering to really reap the benefits.
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ONE Bulimba Riverfront
If you are packing up and making the move to a smaller abode, here are a few tips to help with the difficult decision: should it stay or should it go?
1 2 3 4 5
If you had forgotten you owned it, it has to go.
If you haven’t used it or worn it in over a year, it has to go.
If a storage unit will cost more than the item is worth, it has to go.
Have you got two? There’s no reason to double up. One has to go.
Is it functional? Broken or semi-functioning items such as temperamental blenders and socks with holes should not be making their way into your packing boxes. They have to go!
6
Would you buy it again? If you pick up an item and don’t answer yes to this question, it has to go. The most important thing to remember is that nothing is off limits. Even if your grandma inherited it from her grandma, maybe it is time you handed it down too? It doesn’t have to be thrown away, it just has to not live at your house. Another way to save a huge amount of space is going digial. Do you have CDs, DVDs, and documents taking up a lot of space? Perhaps it is time to ditch the physical items and get yourself a Netflix subscription and an external hard-drive to back up important photos and files. Going paperless could save you both time and packing boxes.
If you are finding it hard to part with certain items try packing them up in a box for a week or two. If you don’t miss them, this might make the decision much easier. You can go even further with this method and actually store everything from one room in a box for a month and put things back in drawers as you use them — anything left in the box has to go. When it comes to decluttering it is never too early to start, especially if you want to list your items on Gumtree rather than donating them, as they can take a while to sell. Even if you aren’t thinking about downsizing until the end of the year, get started on the decluttering and move through each room gradually so it is not such an overwhelming task when the time comes. If you are moving soon and still have a lot to do, don’t panic! There are plenty of solutions such as asking friends and family to help or enlisting a decluttering, packing, and removal service. If you are struggling to get started: try blocking out a specific time in your diary, starting a timer, and working until it goes off. If you are more of a visual person: aim to fill one box a week until the job is done; and if you are the sort of person that works best on a deadline: book a collection from your local op-shop to spur you on.
DOWNSIZING DOESN’T HAVE TO BE HARD! GO ONLINE AND READ OUR HANDY GUIDE AT PROPERTYMASH.COM/DOWNSIZING
PROPERTY REVIEW
THE STANDARD
BRISBANE SUBURB South Brisbane, Brisbane
13 – 17 Manning Street, South Brisbane
PROPERTY TYPE Apartments
This is no doubt a very popular project, with 94 percent of the apartments now sold — without a construction commencement date announced — 234 of which sold within the space of six
DEVELOPMENT SIZE
weeks. The Standard offers 46 one-bedroom apartments, 166 two-bedroom apartments and 49 three-bedroom apartments. As with all projects by developer, ARIA Property Group, the
268 apartments
communal facilities and amenities are a standout. The building itself is also quite spectactular,
CONSTRUCTION STATUS
with a circular shape and dramatic green walls.
Completion expected in 2021
LOCATION
SALES SUITE Open by appointment only
The podium of the building has been designed to become an extension of Fish Lane. The laneway sits directly adjacent to The Standard, meaning residents are close to some of Brisbane’s most
STARTING PRICE
talked-about restaurants. The Manning Street location also means this development sits right on
POA
the cusp between South Brisbane and West End. South Brisbane train station is 600 metres away, so commuting to work in the city would take less than 15 minutes. The markets, bars and popular Streets Beach in South Bank are also located within walking distance.
COMMUNAL FACILITIES Offering a five-storey podium and a secondary, unenclosed recreational area on the rooftop,
Things we love... •
The Standard offers several levels of
The Standard offers all the frills you never knew you needed. On the Level 6 podium there
luxury communal facilities including a
is a fitness centre with yoga lawn, a spa and wellness centre — complete with hot and cold
notably ‘wow’-worthy rooftop level.
plunge pools and a sauna — a residents’ theatre, reading lounges, and a walking track. The rooftop features a residents-only wine bar and coffee lounge, 25-metre infinity-edge pool
•
and with South Bank just around the
and sundeck, barbecue facilities, and garden pods. To top it off, you’ll find three Tesla vehicles
corner, dinner is never far away.
supplied for complimentary resident use and 314 car parking spaces.
APARTMENT DETAILS
•
balconies have rounded edges. The majority of balconies have dual-access, both from the living space as well as the master bedroom. One-bedroom apartments start at 61 square
that looks almost like a sculpture.
But remember that... •
apartments do not include a bathtub. •
Brisbane development, The Melbourne Residence. All ARIA projects are primarily sold to an exclusive network of buyers, rather than through public listings.
Most of the balconies are between 10 and 13 square metres.
Projects by ARIA Property Group have won a slew of awards over the last few years, including the Best Residential Development in Australia in 2018 for their last South
All one-bedroom apartments and two bedroom, one-bathroom
metres and the three-bedroom penthouses range up to 230 square metres.
DEVELOPER DETAILS
This residence also offers a stunning architectural design with a facade
All apartments in The Standard feature 2.7-metre-high ceilings, floor-to-ceiling double-glazed glass and a double-sized entertainer’s kitchen. The curved shape of the building means all
With a location adjacent to Fish Lane
•
In the majority of the apartments, the bedrooms are directly next to each other with no separation.
READ OUR FULL REVIEW OF THE STANDARD ONLINE AT PROPERTYMASH.COM
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PAGE 15
PROPERTY REVIEW
BRISBANE SUBURB Herston, Brisbane
PROPERTY TYPE Apartments & terrace homes
DEVELOPMENT SIZE 13 residences
CONSTRUCTION STATUS Starting first quarter of 2019
SALES SUITE
CIEL RESIDENCES
9 Parkhurst Avenue, Herston Consisting of nine three-bedroom apartments and four ‘Queenslander-style’ terrace homes, each residence at Ciel offers something special. The apartments start at $799,000 and the terrace homes are priced from $945,000. An ideal location close to the CBD, residents at the Ciel apartments Herston will have access to a roof-top terrace and lounge with Brisbane city views. This project is a relatively rare opportunity to buy a property in Herston as it is a tightly held suburb, with the average hold period being 17 years. Comparatively, the average for the wider Brisbane area is 11 years.
No display suite available
LOCATION
STARTING PRICE
Ciel Residences is located just six minutes from Brisbane’s CBD. Although this development
$799,000 for apartments $945,000 for terrace homes
sits on a quiet street, it’s only 750m away from the Royal Brisbane & Women’s Hospital, meaning street parking may be tight. Having the hospital close by is great news in terms of local community though, with busways and train lines easily accessible. QUT Kelvin Grove Campus and Victoria Park Golf Course are also within easy walking distance. Just 1.3km away from the Ciel Residences apartments is King Street, which is home to some of the best restaurants in
Things we love... •
All floor plans are very large, from 150m² to 300m².
•
New developments in Herston don’t come along often and the suburb is very tightly held, making this a rare opportunity.
•
Each terrace and new apartment for sale has plenty of storage, which is great for downsizers.
Brisbane and is an excellent destination for date night or family celebrations.
COMMUNAL FACILITIES On the roof of the apartments sits a private terrace perfect for entertaining. This area features a barbecue, sundeck and fire pit and is available for use by occupants of both the apartments and the townhouses.
APARTMENT DETAILS Each of the four terraces has call-backs to the traditional Queenslander, with features such as weatherboards, vertical joints, the classic generous open spaces and more modern touches of simple, clean lines softened by the use of timber and natural stone. All four terraces offer home automation to both the air conditioning and the lighting, allowing you to turn these on
But remember that...
and off without being home. Some apartments offer a study/multi-purpose room, and all offer
•
While street parking is available
north east, looking over Herston. All of the new terrace homes and the new apartments for
for guests, there is a time limit of
sale at Ciel have ceiling heights of 2.7 metres throughout and all offer at least two car parks.
two hours between 7am and 6pm weekdays. Residents permits
•
generous storage. With similarly large spaces and modern lines, these apartments face
DEVELOPER DETAILS
are available.
The developers of Ciel Residences are Brisbane-based Ention Properties. Ention Properties
There is no pool available as a part of
have previously developed a range of small yet high-quality projects in inner-north Brisbane
the Ciel Residences complex.
suburbs such as Wooloowin, Kedron and Newmarket.
READ OUR FULL REVIEW OF CIEL RESIDENCES ONLINE AT PROPERTYMASH.COM PAGE 16
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PROPERTY REVIEW
NORTH HARBOUR
BRISBANE
SUBURB Burpengary East, Brisbane
Buckley Road & Fraser Drive, Burpengary East
PROPERTY TYPE House and Land
North Harbour is a new neighbourhood in Burpengary East, 45 minutes north of Brisbane. Development started just over three years ago and there have already been over 600 land lots sold, with another 900 still to come. The most recent release, ‘The Moreton Release’, has lots up to 892 square metres. North Harbour has a huge display village with 33 homes by 17 different builders, a cafe and a kids’ play area. Some builders at North Harbour have great promotions, such as Stylemaster who are offering a designer pool for just $9,500 with any new home.
DEVELOPMENT SIZE 1,540 lots
LAND SIZE
306m² – approx. 892m²
FRONTAGE
The estate isn’t scheduled to be complete for another three years and there is also a proposed additional stage to the development. If approved, the Marina Village will be a large land estate planned around a man-made canal system. This will be the first of its kind in this area and add a lot of value for residents.
10m – 19.5m
CONSTRUCTION STATUS Stage 23 selling now
LOCATION
DISPLAY VILLAGE
Open daily from 10am – 5pm
North Habour is located in the Moreton Bay Region between Brisbane and the Sunshine Coast. Nestled right in the growth corridor just off the Bruce Highway, the estate is only 30 minutes from the Brisbane Airport, 45 minutes from the CBD and 40 minutes from the Sunshine Coast. Burpengary Plaza is a six-minute drive, Morayfield Shopping Centre is just over ten minutes, with Caboolture Private Hospital and QUT Caboolture campus both within a fifteen-minute drive.
STARTING PRICE $211,000 for land only $400,000 for house and land
COMMUNAL FACILITIES Residents will have access to village parks with large children’s playgrounds, a dog park, fishing platforms, a canoe launch, free yoga, parkrun, and other neighbourhood events. Properties here have high-speed fibre optic broadband, with reticulated gas to every home.
Things we love... •
it could have great capital growth
LAND DETAILS
potential for the whole area.
The current release at North Harbour comprises of 34 lots, with the development as a whole featuring over 1,540 lots. The average lot size is just over 500 metres square, with an average frontage of 13.5 metres. Homes are mostly three and four bedroom, with some builders offering two-storey double-garage floor plans. There are flat lots throughout the development with an average of only one-centimetre change every metre. The soil quality has a H1 rating, which is middle of the road.
•
DEVELOPER DETAILS
•
The developers of North Harbour are Northeast Business Park. The shareholders of this company also developed Raby Bay Marina and Mackay Marina.
If the Marina Village is approved,
Mostly owner-occupiers which gives the neighbourhood a friendly vibe.
But remember that... •
There is a lot of construction still to come in the area. Traffic into the city from Burpengary can be heavy during peak hour. However, Burpengary Train Station is just over a ten-minute drive away.
READ OUR FULL REVIEW OF NORTH HARBOUR ONLINE AT PROPERTYMASH.COM
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PAGE 17
Welcome to The Bright City
MAROOCHYDORE’S NEW CBD
With world-class innovation, The Bright City will become an epicentre of commerce, technology, innovation and metropolitan living.
Image by SunCentral
PAGE 18
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The development of the Maroochydore City Centre is set to shape the future for Queensland as a whole. Beneath the waves and laid-back lifestyle, the Sunshine State’s largest urban renewal project is underway. While the 53-hectare site in Maroochydore doesn’t look like much as early earthworks begin, this project is destined to be a game changer. On completion, ‘The Bright City’, as it’s been dubbed, will be a sprawling hub of commerce, technology, innovation, entertainment and inner-city living. The Sunshine Coast spans from Pelican Waters to Noosa and is Australia’s tenth largest population centre. This area is expected to grow by more than 200,000 people within the next 20 years. Developer of The Bright City, SunCentral, is looking to the future with this project, spurring on a rapidly developing region into a $33-billion economy that’s based on much more than just tourism. This new city centre will increase that economic value exponentially thanks to prime commercial office space, exclusive retail, public plazas, new waterways, parks and community facilities that will form part of The Bright City. Along with commerce, you can expect a wide array of dining and entertainment options, a new hotel as well as convention and exhibition facilities that are expected to draw even more visitors to the area. In the residential sector, the CBD will also contain several new apartment developments, as well as inspiring other large-scale developments just on the border of the CBD. The Bright City joins more than $2.5 billion in major infrastructure projects planned for the Sunshine Coast region with $8.5 billion
5.9 billion
$
in private investment that’s either already underway, or in the pipeline. The Sunshine Coast International Broadband Network is a big part of this drive for infrastructure that will accompany the new city centre. Currently, 99 percent of data travels via submarine cables and this new network will offer Australia’s second east coast landing station location — the other being Sydney. This broadband network will offer Australia’s fastest connection to Asia, increasing the competitiveness of not just the Sunshine Coast, but Queensland as a whole when it comes to internet speeds. This technological infrastructure alone is expected to stimulate $927-million worth of new investment in the area. This will be paired with a high-speed fibre optic network which will be integrated into the underground structure of the entire city centre, providing free Wi-Fi through public areas, smart signs, and apps which will provide real-time traffic updates and even tell drivers where the closest available parking space is. Technological infrastructure like this will also contribute to the way the city is run as a whole, creating a cleaner and more environmentally conscious city. One of the most interesting and innovative aspects of the new city centre is Australia’s first underground automated waste collection system — say farewell to wheelie bins forever. The 6.5-kilometre system of underground vacuum pipes will transport waste at up to 70 kilometres per hour from commercial building and apartments to a central storage facility. Each building will be fitted with both waste and recycling
2,100
residential apartments
250
Along with commercial and technological expansion, brand-new transport links will play a key part in the transformation. A $347-million expansion of the Sunshine Coast Airport is already underway, with a new runway expected to be open by 2020. The city will also deliver an extensive public bus network, and there are also plans for light rail into the city for the future. Connecting Caloundra, Kawana, Mooloolaba and Alexandra Headland to Maroochydore City Centre — early-stage plans are in place for delivery of this light rail system by 2025. The flow-on effects of the Maroochydore City Centre have already been seen in the surrounding area, with a large solar farm and the Sunshine Coast University Hospital both being complete in 2017. Sunshine Plaza, the largest retail centre in the area, is also scheduled for an upgrade. Construction on this $400-million expansion has already commenced. The project was initiated after Maroochydore was declared a Priority Development Area by the Queensland Government and Premier, Annastacia Palaszczuk, who stands firmly in support of the project. While any new development of this size taking place in a previously quite quiet region is bound to ruffle some feathers, the transition for Sunshine Coast locals has been relatively seamless. The future is calling — and Maroochydore is picking up the phone.
65,000
square metres of dedicated retail
150,000
square metres of commercial space
hotel rooms
boost to the Sunshine Coast economy
40% of the city will be open space and waterways
7,500 linear metres of new road
inlets, taking city-wide waste management completely underground, similar to systems in place in Stockholm, London and Singapore.
26,200
square metres of plaza & corso PROPERTYMASH.COM the place to search for new property
PAGE 19
THE TOP 5
LUXURY APARTMENTS
ON THE SUNSHINE COAST
2019 will bring an unprecedented level of luxury to the Sunshine Coast — stunning riverfront terraces, uninterrupted views of the Pacific Ocean and enviable penthouses. Welcome to a new era of affordable luxury.
Avalon
MAROOCHYDORE One of only two luxury riverfront ground-floor terraces, this residence is from the Private Developer Collection. Full-height glass doors lead you to a large 91 square-meter courtyard with your own pool and lush, sub-tropical garden.
Price From $3 million
Unique Luxury Features • A bsolute waterfront ground-floor terrace. • E xclusive courtyard with private
pool and manicured gardens. • V ideo security and number plate
recognition access to car park.
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Set directly on the banks of the Maroochy River, Avalon by Mosaic features two ground-floor residences. The larger of the two, 1001, offers 385 square metres of luxury finishes, an expansive terrace, and a 91 square-metre courtyard with its own private pool. This three-bedroom waterfront terrace offers complete privacy — with an east-facing aspect. Within the residence itself, you’ll find floor-to-ceiling luxury finishes. Full-height windows and doors open up the living spaces for a seamless connection to the fresh ocean breezes. Emphasising space, light and contemporary style, the open-plan living area will be finished with engineered timber floors and an integrated home sound system. Among the kitchen fixtures are Gaggenau appliances — a fully integrated french door fridge/freezer, built-in microwave and an integrated dishwasher. The kitchen benchtop features 30mm natural stone. The opulent bathrooms will include frameless shower screens and custom vanities; with designer free-standing baths in the ensuites. The oversized balcony will also include a built-in barbecue with LPG connection points.
Other luxury appointments include video security systems and four secure basement car parks with number plate recognition access.
your barista-made morning coffee will never be far away. Along with this, owners will have use of a private pontoon on the Maroochy River.
A resort-style pool, sauna, steam room, large gym with commercial grade equipment, watercraft storage facilities, lush tropical gardens and private indoor and outdoor garden zones will be among the communal facilities on offer. Mosaic is
When it comes to inspirational design, Avalon by Mosaic has set very high standards. Mosaic recently won the Design Excellence Award for Avalon at the annual UDIA awards. The development has also achieved the UDIA’s 6-leaf Envirodevelopment Certification for environmental sustainability.
incorporating a high-end artisan style cafe into the streetscape of the project, meaning
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PAGE 21
Botanica MAROOCHYDORE
With only 16 residences in the building, Botanica occupies one of the last remaining riverfront spots with sweeping panoramic views of both the Maroochy River and the Pacific Ocean. Occupying the top floor, there are two
experienced in apartment living. There is also
spacious penthouses to choose from at
significant storage space including a utility
Botanica sitting at 315 square metres each.
room, which makes the laid-back luxury of
The apartments feature a full suite of Miele
Botanica a great option for downsizers.
appliances, two distinctly separate living areas, three ensuite bedrooms, a gourmet
The recreation pavilion features a gymnasium
kitchen (featuring built-in coffee machine),
and a yoga room and is complemented by
walk-in pantry and integrated outdoor
a 20-metre pool with indulgent day beds
barbecue area. The whole apartment will
to allow residents to relax in a resort-style
be decked out with C Bus app-activated
setting. As well as this, owners will have
technology to control key electrical systems.
access to an exclusive pontoon on the river,
All bathrooms and laundry have natural
making it a dream for Sunday morning kayaks
ventilation and light — a feature rarely
through the canals.
Rise
Price $2.76 million
Unique Luxury Features
MAROOCHYDORE
• Two-storey penthouse living. • V iews spanning from Mudjimba
Island down to Point Cartwright. • L arge L-shaped balconies create
a private outdoor living space.
Rise Maroochydore focuses on delivering top-quality finishes. All five penthouses are two-storey apartments, located across Level 11 and 12. With sweeping L-shaped balconies and a dramatic double-door entryway, these apartments offer something not common on the beachfront in this area.
Price $3.1 million
Unique Luxury Features • Gourmet kitchen with built-in coffee
machine and wine cellar. • E xclusive access to a river pontoon
for use by all Botanica residents. • Five-minute walk away from Ocean
Street and Sunshine Plaza.
The penthouses facing over Maroochydore Beach start from $2.76 million and offer four large bedrooms with a master suite on each level. There are three full-sized bathrooms with double vanities and statement baths, as well as an additional guest ensuite. The upstairs living room offers outstanding views and looks out over a dramatic architectural void. The modern kitchen is complete with stone benchtops and a large walk-in pantry. As well as the expanse of a large private balcony, residents can also enjoy the Sunshine Coast’s excellent weather at the building’s infinity pool or relax on the sun lounges for an afternoon well spent.
This two-level, four-bedroom penthouse sits one street back from the ocean at Maroochydore Beach, just minutes from Cotton Tree Beach.
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Beach Life Alex ALEXANDRA HEADLAND With four penthouses situated on Level 7 of
The kitchen features a large walk-in pantry,
this boutique development, Beach Life Alex
Miele appliances and stone benchtops.
offers the opportunity to enjoy a brand-new
Home automation, a second living room,
apartment right by the beach in Alexandra
study area, separate laundry, and additional
Headland. With three bedrooms, three
balcony complete the apartment, along
and a half bathrooms and three secure car
with the three oversized bedrooms, each
spaces, Penthouse 703 features 255 square
featuring a walk-in wardrobe and ensuite.
metres of coastal luxury. The large balcony looks out over the beachfront and parkland
The recreation area at Beach Life Alex
providing unobstructed ocean views. The
features a stunning two-storey atrium with
kitchen and living area open out onto the
tropical vertical gardens. Along with this,
balcony, allowing lovely ocean breezes to
you’ll find a large pool, barbecue area and a
flow throughout the residence.
fully-equipped gym.
Come December 2019, there will be a new queen of Alexandra. Perched just metres from the ocean, Beach Life Alex has unobstructed views from all four available penthouses.
Price $2.7 million
Unique Luxury Features • A ll bedrooms have a walk-in
wardrobe and their own ensuite. • The building features a two-storey
atrium with a lush vertical garden as well as pool and gym. • Three secure car spaces and storage.
Parkridge NOOSA
Situated amongst 2500 square metres of parkland, the luxury residences at Parkridge feel a world away from busy Noosa: a hidden treasure rarely seen in this region.
Price $2.55 million
Unique Luxury Features • Panoramic water views over
Lake Weyba. • Private garage and direct apartment
access via elevator. • Cafe and restaurant on site.
Located on the border of Noosa National Park, Parkridge offers stunning, 180-degree views of Lake Weyba, while still being only minutes from the beach. This large, master-planned development offers a collection of townhomes, villas, central apartment buildings and terrace apartments. While all residences are finished with high-quality fixtures, it’s the offering at Parkridge Terrace that really shines. For $2.55 million, the penthouse of Block 17 offers over 200 square metres of living space and four bedrooms. A personalised lock-up garage and direct
access to your apartment via a lift is just the start of what you can expect at Parkridge. Oak floorboards bring life to the living spaces and a large white marble kitchen with an oversized butlers’ pantry make this penthouse perfect for entertaining. This apartment also comes with full-height glass throughout, capitalising on oodles of natural light, not to mention the views. As well as the main pool, the Parkridge Terraces also have their own private pool, for the exclusive use of Terrace residents as well as an outdoor entertainment space with sunken seats and a luxurious barbecue area.
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PAGE 23
MOVING UP IN
Sippy Downs With the $81-million upgrade to the University of the Sunshine Coast recently completed, there’s only one way for the Sippy Downs property market to go: up. This small Sunshine Coast suburb is home to an unprecedented level of growth both commercially and residentially, and there’s no sign of this slowing. Sippy Downs has been designated a “knowledge hub” by the Queensland Government with the potential for over 6,000 knowledge-based jobs in the near future. As a result, a slew of new,
luxury apartments have been approved for the suburb, three of which are a product of Queensland-based Habitat Development. Habitat Development Group, or HabDev, as they’re known, made their first foray into the Sunshine Coast market with Enclave in Buderim in 2007. All 37 of these townhouses sold out within three weeks — before construction even commenced. This success has continued for HabDev, and they now have a range of townhouse and apartment One Tree Apartments
developments throughout the region. They specifically focus on providing a product customised for the Sunshine Coast market. HabDev’s most recently completed project, High Street apartments in Sippy Downs, sold out prior to construction being completed in July of 2018. This year, there are bigger things on the horizon, both for Sippy Downs and for Habitat Development Group. Construction is currently underway on the 72 apartments at One Tree and a further 104 apartments in the dual-building project, Botanica and Forest Edge. Of these, it’s One Tree that really stands out. This development offers an exclusive rooftop dining area, complete with full kitchen, lounge seating and barbecue area, all with 180-degree views of the hinterland. The Balinese-style pool and lush tropical landscaping makes One Tree exceptionally appealing to families and students looking to call Sippy Downs home. Vacancy rates across Sippy Downs sit at half a percent, earmarking the area as a dream come true for investors. With close proximity to schools, the University of the Sunshine Coast, public transport, shopping and retail and employment opportunities: Sippy Downs ticks all the boxes. As the whole of the Sunshine Coast gears up to enter the big boys’ league, it’s clear Sippy Downs is keen to claim their slice of the pie.
VACANCY RATES ACROSS SIPPY DOWNS SIT AT 0.5%, EARMARKING THE AREA AS A DREAM COME TRUE FOR INVESTORS. One Tree Apartments
Sunshine state of mind As well as their three current projects in Sippy Downs, Habitat Development Group are also the championing force behind Market Lane Residences in Maroochydore. Located right in the heart of the action, this is the only residential project within the borders of the CBD that has already obtained developmental approval. Developed in three stages, Market Lane Residences will offer 146 apartments and 6 SOHO townhomes. While limited information on Market Lane Residences and other residential projects in the CBD are available yet, it’s clear that Habitat Development Group will play a big part in the evolution of the new Maroochydore CBD.
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PAGE 25
QUEENSLAND’S AWARD WINNING
PROJECTS With 19 different awards up for grabs across all categories, the winners of the QLD UDIA Excellence Awards represent a great subsection of the best in the biz when it comes to new developments. Check out these residential projects that took out the top gongs in their categories.
READ MORE ABOUT THESE PROJECTS ONLINE
PARKLANDS PROJECT Taking home both the President’s Award and Best Master-Planned Development was the Parklands Project. With 1,252 residences over seven hectares, the Parklands Project (created for the Commonwealth Games) is one of the largest developments ever undertaken on the Gold Coast.
LUCENT GASWORKS Providing a health and wellness focused apartment complex, Lucent has transformed the inner-city suburb of Newstead. This landmark project by Cavcorp won the Urban Renewal category.
OXLEY + STIRLING Developer, ARIA Property Group are no strangers to UDIA awards as they took out the top spot in 2017 for The Melbourne, which is also in South Brisbane. Oxley + Stirling is a dual-tower project with stunning rooftop recreational space and they won the award for Best High-Density Development.
ARC ON LIMA This small complex of 15 apartments by Mosaic Property Group won the 2018 award for Best Medium Density Development. With luxury finishes and large, private balconies positioned to maximise views and river breezes, these sold-out apartments are a credit to Auchenflower.
PAGE X PROPERTYMASH.COM PAGE 26 PROPERTYMASH.COM the place to search for new property the place to search for new property
DRIFT BY MOSAIC Located in Coolum Beach, this project features 56 one, two and three-bedroom apartments with three sub penthouses and four penthouses. Drift scored the award for Marketing Excellence, previously won by Zahra in New Farm.
THE LAKES RESIDENCES The Lakes Residences North Peninsular offers a collection of lakefront and parkfront residences in Mermaid Waters. With luxury finishes throughout, these townhouses are now completely sold out. This development by Sunland was awarded the Best Premium Small Scale Development Award for 2018.
MINNIPPI Winners of the Environmental Excellence Award, Minnippi in Cannon Hill takes the phrase “home among the gum trees” to a whole new level. This house and land development is surrounded by over 90 hectares of open space, parkland, golf course and environmental habitat.
AVALON BY MOSAIC Perched on the banks of the Maroochy River, Avalon is bringing a new level of luxury to the Sunshine Coast. With two towers and a myriad of luxury finishes, this project is definitely one to watch. It’s no surprise they took out the award for Design Excellence.
NORTH HARBOUR Located on the north side of Brisbane, North Harbour offers house and land packages centred around parks and green spaces. Unsurprisingly, North Harbour was awarded the Best Residential Subdivision (read more on page 17).
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PAGE 27
GREATER SPRINGFIELD
SUBURB PROFILE
Springfield City Group
Comprising of six suburbs, the area of Springfield Lakes
WITH A LONG-TERM PLAN FOR WORLD-CLASS HEALTH & TECHNOLOGY FACILITIES, AN EVOLVING CBD AND A CONSTANTLY EXPANDING RESIDENTIAL OFFERING, IT’S TIME TO GET ACQUAINTED WITH AUSTRALIA’S NEWEST CITY.
Greater Springfield is a city in itself with over 7,000 acres of developable land. As only the second master-planned Australian city in history (the other being Canberra), the area is ripe with opportunity. Only 30 minutes to Brisbane CBD and 50 minutes to the Gold Coast, Springfield sits within the rapidly developing western corridor. While Greater
KE Y STATISTICS Median apartment price
Things we love... • T he Springfield transport hub makes commuting to the CBD just over half an hour.
$393,000
Median house price $420,000
• One-third of the area is dedicated to green space and parks. • Built with families in mind, there are a
Median apartment rental $395 per week
Median house rental
plethora of education options.
Springfield already offers excellent transport connectivity, retail and commercial industries and a plethora of house and land as well as apartment developments, it’s what’s still to come for Springfield that’s got us all excited.
LOCATION & TRANSPORT Situated just off the Centenary Highway, Greater Springfield encompasses the suburbs of Springfield Central, Spring
But remember that...
Mountain, Augustine Heights, Brookwater,
• If you choose to commute by car rather
south-east of Ipswich, it may surprise many
Springfield and Springfield Lakes. Just 15km
$385 per week
than on the train, expect long delays
that Springfield is closer to the Brisbane CBD
in peak hour traffic getting in and out
than areas like North Lakes to the north and
Transport
of Brisbane.
Victoria Point to the east.
Springfield Central Station connects to
• W ith a large number of lots still to come
Brisbane and the Gold Coast. There are also
to the market, it may reduce the price of
many bus routes through Springfield.
existing homes in the area.
Transport connectivity has been a real focus for Greater Springfield’s development company Springfield City Group over the last few years. $1.2 billion has already
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Current projects in Greater Springfield DRESS CIRCLE Birchwood Crescent, Brookwater Lots starting from $433,000, golf frontage lots also available. SPRINGFIELD RISE 84 – 90 Russell Luhrs Way, Spring Mountain House and land packages from $400,925. THE HAVEN Keidges Road, Augustine Heights Lots starting from $273,900, house and land packages from $391,096.
DEVELOPMENTS Once completed, the Springfield CBD will occupy double the land size of Brisbane CBD and provide a wide array of commercial opportunities. With a myriad of large-scale leasing opportunities available, Springfield City Group projects the CBD will be able to offer employment to one-third of the city’s residents by 2030.
been poured into the Springfield Rail Improvements Project, creating a major hub for trains and busses at Springfield Central. With two train stations (Springfield and Springfield Central) now connecting the area to Brisbane, the Gold Coast as well as Brisbane Airport, getting in and out of Springfield is as simple as jumping on a train. Only 40 minutes on the train will land you in Brisbane CBD, making Springfield a very valid option for commuters.
LIFESTYLE Greater Springfield currently has a population of over 41,000 residents with this figure growing weekly. With established house and land estates throughout Springfield, Brookwater and Augustine Heights, this region offers everything from CBD-style apartments and first-home buyer house and land packages to large family homes and luxury residences with golf-course frontages. Thirty percent of Greater Springfield has been reserved for green space, so the integrity of the area will remain throughout all future development. This includes recreation space and green corridors linking White Rock, Spring Mountain, Spring Lake and Discovery Lake. In the heart of
Springfield Central sits Robelle Domain, a central park with a man-made lagoon, picnic areas and large amphitheatre. Key retail and dining options in Springfield are quite extensive. The suburbs within Greater Springfield are dotted with cafes, and Orion Springfield Central offers a movie theatre, grocery shops, a Target, Big W and over 110 specialty stores. There is also a gigantic Bunnings closeby, to make all those new-home DIY projects easy.
EDUCATION One of the advantages of Greater Springfield as a master-planned community is the provisions that have been made for expansion into the future. Education is a key aspect of this. Currently, the area offers five early childcare centres in Springfield Central, five in Springfield, one in Brookwater, two in Springfield Lakes and two in Augustine Heights. There are ten primary and high schools in the region, with a mixture of public and private schools. Springfield West State School is also opening in 2019. Greater Springfield is also home to a University of Southern Queensland campus, The Studio of Performing Arts Springfield, Union Institute of Languages and TAFE Queensland South West campus.
Alongside the commercial CBD, there are two expansive precincts planned: Health City and IDEA City. Plans for Health City are already well underway, with the Marter Private Hospital Springfield Stage One already open including a government-funded cancer care centre. Stage Two of the hospital will commence construction this year and will join a range of state-of-the-art research facilities within the 52-acre area reserved for Health City. Aveo has also developed a large, dementia-friendly retirement village in Health City which opened mid 2018. IDEA City is also in the works for Springfield Central. Based on the Silicon Valley concept, IDEA City will be a research-focused precinct designed to house both tech giants and start-ups. A key part of IDEA City is the $230-million Polaris Data Centre and the independent dark fibre network that runs through the CBD. In terms of digital infrastructure, this puts Springfield well ahead of the Brisbane CBD. When it comes to residential development, a brand-new house and land release in Brookwater has just been brought to market. Dress Circle Stage 1 is selling now and is centred around the Brookwater Golf & Country Club. Over the next few years, this area will see thousands of brand-new apartments join the market as well.
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WHERE TO BUY NEW LAND ON THE GOLD COAST
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SURFERS PARADISE
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The Gold Coast offers a myriad of options for new land buyers. From large acreage blocks in the hinterland, to house and land packages perfect for first-home buyers and prestige waterfront lots with pontoons — find what you’re looking for on the Gold Coast.
GOLD COAST REGION SCENIC RIM REGION M M1
OA DC GOL
WY
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REGION BORDERS
HOSPITAL UNIVERSITY
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KEY:
UMB I N RR CU
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AIRPORT AVERAGE COMMUTE TIME TO SURFERS PARADISE AVERAGE LAND PRICE
TWEED SHIRE REGION PAGE 30
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TWEE D R I V
ER
KINGSHOLME & ORMEAU Quite a lot of commuters are choosing to buy land in this area due to its central location between Brisbane and the Gold Coast. Acreage and smaller lots available. 00:39
$430,000
PIMPAMA Pimpama is considered to be one of the best places to raise a family on the Gold Coast, due to the quality of schools in the area. With the suburb adjacent to the highway, means travelling up and down the coast is easy. Several estates are currently under construction, with more planned over the coming years. 00:33
$450,000
SOUTH STRADBROKE Despite most people thinking of North Stradbroke Island as the ideal place to live, South Stradbroke is coming into its own. Significantly less expensive than its northern neighbour, lots are also slightly larger. 01:25 incl. ferry
$460,000
COOMERA
One of the most northern points along the Gold Coast waterways, Paradise Point is a prestige location and is becoming increasingly popular. Waterfront lots are significantly more expensive than inland lots, but that’s to be expected. 00:31
Known locally as the ‘Home of Fun’ due to the numerous theme parks, Coomera also has several new house and land estates. The new Coomera Town Centre will bring a new level of ammenity to both Coomera and nearby suburbs. Check out our Suburb Profile of Coomera on page 40 to find out more about the region. 00:33
PARADISE POINT & SOVEREIGN ISLAND
$560,000
$980,000
Characterised by acreage developments, there have been a number of new estates launched over the recent years in Maudsland. North-west of the Gold Coast CBD, Maudsland has a relaxed, family-centric atmosphere. 00:28
00:32
$650,000
$615,000
The transport connections around Helensvale have made the riverfront land and new land estates popular with commuters and downsizers. The suburb also boasts a large Westfield shopping centre. 00:26
ARUNDEL
$750,000
00:20
$405,000
A more established suburb, Arundel is known to be quiet and safe, with a strong community spirit. The abundance of public transport is a resident favourite feature of the suburb, along with its proximity to the shopping hub, Harbourtown. 00:24
$630,000
Located close to Lamington National Park, Canungra offers a small number of options. What it loses in numbers, it makes up for in the size of the available lots: most are over 1,000 square metres. 00:35
$260,000
With most properties coming in at over an acre in size, Tallebudgera is popular with families. Land estates are common but are popping up more slowly over the past few years, so now’s the time to make the move. 00:30
$495,000
TWEED HEADS
Sitting just three kilometres from Surfers Paradise, Benowa is an inner-city suburb on the Gold Coast that is popular with families. Benowa is close to shops, dining options and activities yet is still a relatively quiet area. 00:08
CANUNGRA
TALLEBUDGERA
BENOWA
HELENSVALE
Situated in the scenic Gold Coast Hinterland, the land available in Mount Nathan is sprawling, and only twenty minute’s drive from Surfers Paradise. This makes Mount Nathan perfect for those who like their space but will want to be able to head into the hustle-and-bustle Surfers whenever they want.
MAUDSLAND
HOPE ISLAND & SANCTUARY COVE Hope Island is an upmarket suburb on the Gold Coast, popular for its boutique cafes and shops, and the marinas that it is based around. Sanctuary Cove, which is a large, well-known gated community — practically considered its own suburb due to its size — also has new land for sale.
MOUNT NATHAN
$750,000
Tweed Heads is known for its relaxed, laid-back atmosphere and beaches. A sought-after location by downsizers, located on the border of Queensland and New South Wales, Tweed Heads has a great cafe scene and a small shopping centre. 00:35
$299,000
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PAGE 31
Jo
McGrath Projects John McGrath and McGrath Estate Agents are household names in real estate in Sydney and Melbourne and are now establishing themselves as a dominant player in the Queensland market. They are also aggressively pushing into the marketing of new and off-the-plan property, appointing industry leader Jo Prince-Gillies as the new Associate-Director for McGrath Projects. Jo Prince-Gillies is genuinely excited about the opportunity and about the Queensland market. “We are pretty bullish on Queensland property as the fundamentals are looking good. The gap in property prices between Sydney and Melbourne and Queensland is now huge,” Jo told PropertyMash. “High-quality projects in sought after locations are attracting strong interest from owner-occupiers looking for a lifestyle change and investors are slowly returning to the market for affordability as well as solid rental yield and low vacancy rates,” she said. “This is creating some really interesting opportunities for us and our clients with our large networks in New South Wales and Victoria.”
FOR MORE ON MCGRATH PROJECTS SPEAK TO JO PRINCE-GILLIES 0448 911 016.
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SOUTH EAST QUEENSLAND MARKET UPDATE
South East Queensland will be the prime beneficiary of Sydney and Melbourne’s slowdown, with the economy starting to turn a corner and the state reclaiming its place as Australia’s number one destination for internal migration, as more families and downsizers from the southern cities cash in for a lifestyle in the sun. Economic growth is projected to accelerate from 2.5 percent in the 2017 financial year to three percent this financial year. This is supported by the biggest infrastructure spend in Brisbane since the 2011 flood recovery, announced in the FY19 Budget. Worth $45.8 billion over four years, the capital works program is designed to stimulate economic growth, encourage private sector investment and create tens of thousands of jobs, including 38,000 in FY19 alone, which should go a long way in raising consumer confidence and encouraging further internal migration. Looking ahead, economic forecaster BIS Oxford Economics says Brisbane will lead the capitals with 13 percent property price growth predicted by 2021, although more of this growth will occur in 2021.
Brisbane is one of the world’s great cities in terms of liveability and affordability. The future economic prospects all suggest that Brisbane is a market in which you can confidently invest. The value gap between the East Coast capitals is compelling — it is the largest it has ever been between Brisbane and Melbourne and the largest in 15 years with Sydney, according to CoreLogic. A median-priced house in Brisbane is $437,000 cheaper than Sydney and $260,000 cheaper than Melbourne. This level of affordability, coupled with positive economic signs means Brisbane is primed for future growth. Amongst the thousands of southern migrants relocating north, there is currently a clear preference for beachside living, with the Gold Coast and Sunshine Coast favoured
“WILL BRISBANE AND SOUTH EAST QUEENSLAND FINALLY GET THEIR TIME IN THE SUN? THE SUNSHINE STATE IS ONCE AGAIN AUSTRALIA’S FAVOURITE DESTINATION FOR INTERNAL MIGRATION AND MOST IMPORTANTLY, THE ECONOMY IS TURNING A CORNER. PROSPECTS FOR INVESTMENT UP NORTH ARE AS GOOD AS I’VE SEEN.” JOHN MCGRATH While affordability is part of Queensland’s attraction, massive growth in Sydney and Melbourne property prices over a prolonged period means southern migrants can afford to buy wherever they like. Brisbane’s construction cycle peaked in 2016 and absorption of new stock is now underway. There is great opportunity for first-home buyers and investors, with the city’s apartment rental yield at 4.8 percent far superior to Sydney at 3.9 percent and Melbourne at four percent. The Gold Coast is amongst the top ten destinations of all capital city migrants in FY17, attracting 19,400 people from the eight
capitals, including 8,800 from Brisbane. The Sunshine Coast also has strong economic credentials, with the redevelopment of Maroochydore CBD and the Sunshine Coast Airport expansion underway. The Sunshine Coast Regional Council is planning light rail by 2025 and a Business and Technology Park adjacent to the new university. South East Queensland provides a golden triangle of opportunity today — from the Gold Coast to the Sunshine Coast, including Brisbane and west to Toowoomba. This region offers the best short-to-medium term opportunities for capital growth as well as the most desirable lifestyle in Australia.
EXCERPT FROM THE 2019 MCGRATH REPORT, FOR THE FULL REPORT VISIT MCGRATH.COM.AU
over Brisbane. These two regions have weathered the mining downturn particularly well, with significant local infrastructure spending, job growth and the 2018 Commonwealth Games on the Gold Coast offsetting the impact. About 5,200 Sydneysiders and 2,500 Melburnians moved to the Gold Coast in FY17 and a further 1,500 migrated from Melbourne to the Sunshine Coast. Strong local economies, population growth and internal migration has translated into better property price growth in the regions, with house prices rising 4.8 percent on the Gold Coast and 6.1 per cent on the Sunshine Coast. The Gold Coast and Sunshine Coast are now more expensive than the state’s capital, with median house prices of $650,000 and $589,000 respectively compared to Brisbane at $536,000. The last time the Gold Coast had such a substantial premium to Brisbane was in July 2008. This might be a sign of the future with a huge wave of downsizing due to unfold over the next two decades across Australia. Queensland’s best seachange locations, including the Gold Coast and Sunshine Coast have long been favourite destinations amongst downsizers looking for a more relaxed life.
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PAGE 33
5
tips for choosing a profitable apartment
Whether it’s your fifth investment or your very first property, selecting an apartment that will increase in value is crucial. Ray White West End’s Business Development Manager, Erin Demmery, shares her tips for choosing a profitable apartment.
LIGHTING
INCLUSIONS
Erin says that natural lighting is one of the first things potential tenants notice when inspecting an apartment. “It’s a big selling point,” she says. “If the apartment or home is dark then choose to update it with neutral colours. A neutral palate which will appeal to more people adding to the brightness of the property.” If you are buying an off-the-plan apartment, understanding how the natural light will appear in the morning, at midday and in the afternoon is essential.
When considering inclusions, there’s a fine line to walk between providing tenants with modern comforts and going over the top (thus pricing your apartment out of the market). It’s best to stick to simple and keep ongoing costs lower. “Having a dishwasher and air conditioning are two of the main inclusions people want,” she says. “A second bathroom in a two-bedroom apartment and an internal laundry are also highly valued.”
PARKING It’s not uncommon to see apartments for sale with no car parks. Although that may work for you, this is something to consider. “With more friends choosing to share apartments, they’re more likely looking for multiple car spaces. Driving around and around to try and find a park near your home in a busy area becomes tiresome and a cause to move,” says Erin.
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SPACE & STORAGE “A big reason why a lot of tenants move is lack of space. To be able to enjoy a home, you need to consider how many people are going to be living there,” says Erin. This is especially true when looking to attract the downsizer market, who are used to the space that comes with a traditional Queenslander home. Adding in extra cupboards and storage can go a long way in keeping tenants, and securing new ones.
Erin’s Top Tips
Always get a second opinion of the rental market value from an independent source, even if the property is rented. Sometimes figures are inflated to make the property seem more attractive. Current tenants may have moved in during a period of high demand so they are now paying over the current value.
LOCATION “Being closer to the city is important to renters. I know of a lot of rentvesters (investors that choose to rent) in the South Brisbane/West End area that have invested in the outer suburbs but choose to rent closer to the CBD as this is where they want to be,” says Erin. If your apartment is close to the CBD, transport, restaurants and amenities, it’s likely this prime real estate will be worth more in the future as the city and infrastructure of Brisbane expands. This is also true for riverfront or oceanfront properties, where there is limited availability. Over a ten-to-fifteen-year time frame, there will likely be a clear increase in profitability that can be attributed to location. As well as the city, riverfront and beachfront, a location close to universities is also a great option.
WHAT’S HAPPENING
ALL THE NEW AND OFF-THE-PLAN NEWS AND EVENTS HAPPENING THIS SUMMER.
Welcome to 2019! This year is sure to bring a whole host of excellent new additions to Queensland’s new property market. Coming up this summer there are projects starting, projects due to finish, and some that are ready to move into now (see more on page 38). Plus, a whole host of exciting events to give you inspiration and education. FIRST-HOME BUYERS’ SEMINAR | 19 JANUARY 2019
CAN’T FIND INFORMATION ABOUT A SPECIFIC DEVELOPMENT? REQUEST A PROPERTYMASH REVIEW ON OUR WEBSITE AND OUR JOURNALISTS WILL INVESTIGATE AS SOON AS POSSIBLE.
This free workshop, hosted by Ironfish in South Brisbane, aims to help first-home buyers gain insights into home ownership. From the very start of the process to when the property settles, covering topics including how to get into the property market, incentives for first home buyers, and how to use your resources to buy property the smart way.
PERMACULTURE DESIGN COURSE | 9 FEBRUARY 2019 If you are building a new home, this 16-week landscape design course in the Brisbane suburb of Windsor could be for you. Covering everything from garden technologies to creating a productive veggie patch — this course runs every Saturday. More details at eventbrite.com
RETIREMENT INFORMATION SESSION | 14 MARCH 2019 This free Gympie event with guest speaker Margaret White, a COTA Queensland Peer Educator, is designed to help Queenslanders learn more about their retirement living options and cover recent changes to the law that affect retirees.
CONSTRUCTION STARTING Stanhill on Chevron Island, Gold Coast and Mali in Mermaid Beach have both recently started construction and are both due to be complete in 2020. Ciel Residences in Herston is also expected to start construction early in 2019.
CONSTRUCTION FINISHING Brisbane’s Hive The Gap Stage 1 is finishing this summer, with residents moving in in early 2019. On the Gold Coast: Three72 in Labrador is due to be completed in February 2019 and The Hansford Residences in Coombabah is due to finish in March 2019.
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SUBURB PROFILE
SOUTH BRISBANE ON THE OTHER SIDE OF THE RIVER SITS BRISBANE’S CULTURAL HUB — A PLACE
KE Y STATISTICS Median apartment price $495,000
Median rental value $480 per week
FOR NEW EXPERIENCES, DINING DELIGHTS AND STANDING-OVATION-WORTHY ENTERTAINMENT. THERE’S SO MUCH ON THE HORIZON FOR SOUTH BRISBANE. Directly overlooking the CBD, it doesn’t get much closer to the centre of the action than South Brisbane. With a constantly evolving cultural scene, South Brisbane plays host to some of the biggest shows, festivals,
Transport
seasonal community events and conferences
• Bus, train, CityCat, cycle paths
State. But South Brisbane is so much more
Things we love...
that make their way through the Sunshine than QPAC and the Cultural Forecourt. New infrastructure is on the way — as is a new era
• South Brisbane is home to Queensland’s premier cultural precinct.
of central apartment living.
• Transport to the CBD and surrounding
Bordered by West End and Highgate Hill
suburbs is very easy. • South Bank offers stunning parklands and a thriving restaurant scene.
But remember that... • Parking around the streets of South Brisbane is metered and very limited. • South Bank is a popular tourist destination and the area is rarely quiet. • None of the apartment buildings offer absolute river-frontage.
LOCATION & TRANSPORT to the west and the Brisbane River to the east, South Brisbane is a commuters dream. Access to the M3 is simple via Vulture Street, and the city can be accessed either via William Jolly Bridge, Victoria Bridge or the Go Between Bridge. South Brisbane is one of the most walkable suburbs in the city, with a walk score of 92 out of 100. From strolling along the river jumping between cafes and boutiques to walking across Victoria Bridge to shop along Queen Street, everything is accessible within a 1.5-kilometre radius. South Brisbane is home to the popular and
privately-owned precinct of South Bank which offers beautifully manicured parklands, the Wheel of Brisbane and the man-made Streets Beach, perfect for a cool down on a hot summer’s day. Along The Arbour walkway, you’ll find markets every weekend, as well as street performers peppered through the parklands. The Cultural Forecourt at South Bank often plays host to local festivals and markets such as the Night Noodle Markets and the World Science Festival Brisbane just to name a few. At the northern end of the suburb sits Brisbane’s cultural precinct which includes the Queensland Performing Arts Centre (QPAC), the Brisbane Convention & Exhibition Centre, Queensland Museum, and Queensland Art Gallery. QPAC host world-class theatre performances and concerts, while the Convention Centre hosts large conferences, awards shows and exhibitions. You’ll also find Fish Lane, a brand-new laneway with featuring some of the top-rated restaurants in Queensland. The CityCat, which cruises along the Brisbane River stops at both the north and south end
77 Hope Street by Aria Proeprty Group
facilities is making South Brisbane a very
to South Brisbane. As well as improving
attractive place to live, rather than just
walkability to the CBD, this bridge will also
a staycation.
provide South Brisbane residents with
EDUCATION South Brisbane is in the catchment area for Brisbane State High School — one of the most well-recognised public high schools in Queensland. Local private schools include Ivy & Eve
the all-girls school Somerville House and its
of South Bank, providing easy access to the CBD, the University of Queensland and the Queensland University of Technology.
South Brisbane is also very close to the
Being so close to the city means street parking is very limited and metred along almost every street throughout the suburb. There are large public carparks available for hourly or full-day parking, however, these can set you back anywhere between $15 and $35 a day.
LIFESTYLE The suburb of South Brisbane is dominated by young, independent singles. As a result of the proximity to universities and the CBD, over 45 percent of the population is aged between 20 and 34. What was once an investor-centric suburb is slowly becoming more owner-occupier focused thanks to a new era in apartment offerings. While 67 percent of the suburb’s population is renting, the apartments completed over the last few years have seen a real mix between owner-occupiers and investors when it comes to buyers. A focus on parking, large floor plans and communal
partner boys school, St Laurence’s College. central universities. QUT is easily accessible by bus and UQ is just a beautiful 20-minute
a plethora of new dining, shopping and entertainment options. Recently completed developments in the area include Ivy+Eve, which offers an outstanding level of facilities including an outdoor cinema, Teppanyaki dining area, pizza oven and a glass-edged swimming pool. South Brisbane landmark, The Brisbane Skyneedle, got a new lease on life thanks to the Skyneedle Apartments completed in late 2018.
CityCat ride away. At South Bank itself, there
Aria Property Group’s current South Brisbane
is also a large Griffith University campus.
project, The Standard, is one to watch (read
DEVELOPMENTS
more on page 15). They have also recently achieved council approval for another
Drilling will soon commence for construction
apartment development on Hope Street,
on a new $70-million bridge connecting the
which will feature the tallest man-made
brand-new Queen’s Wharf precinct directly
waterfall in the world.
Current projects in South Brisbane IVY + EVE 22 – 28 Merivale Street One, two and three-bedroom apartments from $399,000.
THE STANDARD 13 –17 Manning Street One, two and three-bedroom apartments available. POA.
BRISBANE 1 1 Cordelia Street One, two, three and four-bedroom apartments from $511,000.
ART HOUSE 58 Hope Street One and two-bedroom apartments from $489,000.
SKYNEEDLE APARTMENTS 16 Edmondstone Street One, two and three-bedroom apartments from $424,000.
BRISBANE CASINO TOWERS 19 Hope Street One and two-bedroom apartments from $399,000.
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New properties ready to move into
NOW
ANCHORAGE HOPE ISLAND 93 Sheehan Avenue, Hope Island Two and three-bedroom apartments from $495,000.
COMPLETED IN DECEMBER 2018
WEST VILLAGE 97 Boundary Street, West End One, two and three-bedroom apartments from $454,000.
COMPLETED IN OCTOBER 2018
SKYNEEDLE 16 Edmondstone Street, South Brisbane One, two and three-bedroom apartments from $424,000.
COMPLETED IN DECEMBER 2018
NEO
OXY STONES CORNER
15 Peerless Avenue, Mermaid Beach
6 - 8 Zillah Street, Greenslopes
One, two and three-bedroom apartments from $549,000.
One, two and three-bedroom apartments from $399,000.
COMPLETED IN DECEMBER 2018
COMPLETED IN NOVEMBER 2018
HOW TO
MAXIMISE CAPITAL GAINS ON YOUR NEW BUILD
How can you make sure the home you build gives you the best returns and appeals to future buyers when you come to sell it? We spoke to Metricon Design Director, Adrian Popple, for the insider tips.
LOCATION When dealing in property, it is widely accepted that your location will determine the demographic of your buyers. “Your home will appeal to a broad market if it’s in a desirable suburb and close to major infrastructure, schools, sporting facilities and green spaces,” says Adrian.
MULTIPURPOSE ROOMS “A well-designed home should be adaptable and if possible include rooms that could have multiple purposes, such as turning a sitting room into an office or an additional bedroom,” says Adrian. “An adaptable layout will also appeal to a wider variety of buyers.”
ADDED LUXURY When building you should think of luxury inclusions that will appeal to buyers when it comes time to sell. Suggestions from Adrian to add value include a butler’s pantry or wet bar (which are very popular now); or upmarket fixtures and fittings such as luxury tapware and a feature bath.
SPACE
NEUTRAL COLOURS
As South East Queensland expands, space is becoming a premium — especially close to cities and transport hubs. Maximising space is a must, says Adrian. “A home should have a flexible floor plan that not only includes enough space when you build the home, but it will also appeal to various buyers with different lifestyles. Choose a design with an enhanced sense of space, with areas of the home able to be closed off for privacy, or opened up when it’s time to entertain, giving families plenty of living options. Storage is also another important consideration that potential buyers look at, and this should be maximised in any size of home.”
“Choosing an interior with a neutral palette with feature accents will be most appealing to future buyers. It will enable them to add their own personal touch to the home without making a huge financial outlay. The home also won’t be ‘dated’ before its time by using a neutral interiors scheme.”
A HOME SHOULD HAVE AESTHETIC APPEAL WITH A TIMELESS FACADE AND FUNCTIONAL INTERIOR.
FORWARD THINKING An energy efficient home will greatly appeal to buyers and future-proof your home with energy efficiency to offset rising power prices. “Smart home automation is almost considered mainstream when building a new home now, with an increasing number of buyers wanting convenience,” reports Adrian. “Home automation already controls security, lighting, heating, sound, windows and smart wiring technology is only going to increase.” More on smart homes on page 43.
INDOOR/OUTDOOR FLOW Open-plan living floor plans have been a design trend for many years now and will suit multiple buyer demographics. In Queensland, it’s essential to have a seamless flow of indoor and outdoor living spaces to enjoy our warm climate and relaxed lifestyle. Outdoor rooms are also extremely popular and this will appeal to buyers as well as adding capital growth to the home.” As most Australians spend a considerable amount of time outdoors, this should be an essential living space in the home, advises Adrian. “Consider how you want to use the outdoor space. Do you want a full kitchen, with cooking facilities, or a lounge and dining area? The outdoor area can be designed to maximise the use of your block of land.”
BUILDER & MATERIALS “Building with a reputable building company will add value to the saleability of your home. Metricon Homes are known as the leading builder in Queensland, and due to our blue-chip brand, real estate agents often use our company name as part of their sales strategy,” says Adrian.
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SUBURB PROFILE
KE Y STATISTICS Median house price
COOMERA
$526,000
Median rental value $440 per week
Transport Bus, train, cycle paths
Things we love... • T here are several upgrades planned for this suburb, including further extension of the new Coomera Town Centre. • Coomera is a great location for families, close to all the theme parks. • T here are plenty of house and land packages currently for sale in the area.
But remember that... • W ith the Coomera River nearby, getting to neighbouring suburbs can take a while.
Otto Coomera
WHAT WAS ONCE JUST THE ‘HOME OF FUN’, BOASTING THE THRILLS OF THEME PARKS, IS NOW THE GOLD COAST’S FASTEST GROWING AREA, WELCOMING A BRAND-NEW TOWN CENTRE AND A NEW GENERATION OF RESIDENTS. Spread over 24.6 square kilometres, Coomera is a large suburb in the northern Gold Coast. Situated to the eastern side of the M1 Highway and separated from the more southerly Gold Coast suburbs by the Coomera River. As revealed by the last census data, Coomera is the fastest growing area on the Gold Coast, with a population growth of 51.4 percent between 2011 and 2016. With upgrades scheduled for roads, public transport and community facilities as well as the brand-new Coomera Town Centre, there is plenty of infrastructure improvement underway to cater for the population growth.
LOCATION & TRANSPORT Coomera is located in the northern growth corridor of the Gold Coast, close to suburbs like Pimpama, Ormeau and Kingsholme that are also experiencing major development. On the southern side of the Coomera River sits Hope Island and to the east, Coomera Island and South Stradbroke Island.
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• A lot of the planned developments do not yet have construction scheduled and may take years to even commence.
Boats leave from Sanctuary Cove Marina, which is around three kilometres as the crow flies from the centre of Coomera.
LIFESTYLE Coomera is probably most famous for being home to the majority of the Gold Coast’s theme parks which are a big drawcard for tourism in the area. Just off the highway, you’ll find Dreamworld and WhiteWater World, both owned by Ardent Leisure. Down the highway just a little further in neighbouring Oxenford is Movie World and Wet’n’Wild. From the Coomera train station, trains run to Varsity Lakes, up to Brisbane and the International and Domestic Airports. It takes approximately an hour on the train to travel to Brisbane and just shy of an hour and a half to the airports. There are also plenty of bus routes that run through the suburb. With a location right on the highway, travelling via the M1 up and down the coastline is very convenient. Coomera is connected to Coomera Island, so making your way there is simple. Getting to South Stradbroke Island is not quite so simple (if you don’t have your own boat that is).
One of the main drivers for population growth in the area is people choosing a lifestyle close to the Gold Coast beaches, over the shorter commute of city living in Brisbane. Households in the Coomera area are primarily couples with young children, and the predominant age group in the suburb is 0–9 years old. According to the most recent NAB Property Report, residents of Coomera most likely work in trade industries. In recent years, there has been a lot of resident amenities developing, as opposed to the tourism focus of years gone-by. Off the main road (Foxwell Road) is Coomera Waters Medical Centre as well as Coomera East Shopping Centre which offers a number of local shops and dining options. There’s also two IGAs within the suburb, one on Finnegan Way, and one in Coomera Waters. Although amenities are increasing, there is still a focus on green space within Coomera, with 5.9 percent of the total area of the dedicated to parks — 35 in total.
Current Projects near Coomera OTTO Learning Street, Coomera House and land packages from $489,980.
HIGHLAND RESERVE Reserve Road, Upper Coomera Lots starting from $288,900, house and land packages from $566,270.
RIVERBROOKE ESTATE 43 Riverbrooke Drive, Upper Coomera Three-bedroom + study townhouses from $414,000.
DIXON PARK ESTATE Dixon Drive, Pimpama House and land packages from $429,000.
FORESHORE COOMERA Foxwell Road, Coomera Lots starting from $248,900 and waterfront lots from $392,000.
PACIFIC COVE 4 Sudbury Drive, Pimpama House and land packages from $449,000.
EDUCATION
also includes 51 hectares of conservation area, retaining the focus on green space in the suburb. Also in Coomera is Otto Estate, with over 100 house and land packages available. While house and land packages are the most popular type of development in the area, there are also a number of new townhouses and villas for sale not just in Coomera, but the surrounding suburbs, too.
Coomera is home to Tafe Queensland’s Gold Coast campus. For the younger ones, there are five early learning centres in Coomera. Currently, the closest primary school is either Coomera State School across the road from WhiteWater World or Coomera Rivers State School, but a third primary school is also currently proposed for the suburb. There is currently no high school in Coomera, but Pimpama State Secondary College is located in the neighbouring suburb, with Coomera High School set to open in 2020.
DEVELOPMENTS Coomera is currently home to several house and land developments, some offering river frontage and others offering large lot sizes and family amenity. Foreshore Coomera by Stockland is the largest land estate under development in the area. With Stage 9 currently selling, this master-planned estate
In terms of public infrastructure, the opening of the first stage of Coomera Town Centre in October last year marked the start of a new era for the area. This $1.5 billion development includes a Westfield with 140 speciality stores as well as entertainment venues, an alfresco dining precinct, over 2000 car parks and large open green spaces. Recently, a footprint has also been declared for a north-south corridor on the M1 highway. This six-lane wide corridor will extend 36.5 kilometres between Stapylton and Nerang passing through Coomera, however, no dates have been announced for construction to begin on this.
Otto Coomera
2019
Top interior design trends
Keeping abreast of the latest trends in interior design can be overwhelming. From the Pantone colour of the year to minimalism or art deco inspiration, the world of interior styling is full of endless choices and influences. Understanding how to make the most of the trends while maintaining a timeless-looking abode is all about picking the options that work for your lifestyle. With a focus on functionality as well as design, we predict these three trends will explode in 2019. All images by Banyan Tree Residences
RETRACTABLE GLASS While floor-to-ceiling windows made a big impression in 2018, it’s retractable glass doors that we can expect to see integrated into the design of new homes and apartments looking forward. Not only does this make a visual statement, but actively assimilates the outdoor and indoor spaces. As well as allowing generous amounts of light and breeze to flow through, having fully retractable glass can double the size of your living space in some cases. If your apartment is privy to an excellent view, such as the Banyan Tree Residences apartments above, then this outlook becomes truly integrated with your apartment. With balmy nights and breezy afternoons, this trend is tailor-made for the Queensland climate.
CURVED & TEXTURED WALLS One stand-out way to differentiate your brand-new home from the pack lies within the walls themselves. While the curved building and curved balcony trends have been slowly permeating new apartment developments over the last few years, we expect curved walls will be the next big thing. Curved walls add a luxury-hotel vibe and make the space feel open and inviting. Curved walls work best in larger spaces like living rooms, however, with the right shaped area, they can also add a luxurious touch to bathrooms. Textured wallpaper will completely change the look and feel of the space, and combining textures is a statement all its own.
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FEATURE BATHS Unlike the bathrooms of yesteryear, modern bathrooms are made to be seen. Marbled flooring and oversized vanities add a luxurious touch, but can you really claim to live like royalty without a statement bath? The two and three-bedroom apartments at Banyan Tree Residences feature a deep, freestanding bath built to inspire relaxation. With apartment living meaning every square metre is valuable, the prevalence of large feature baths has been waning over the last few years — but we’ve got our radars set for statement baths to make their return. Bubble bath at the ready, the bathroom may just become your favourite room.
SMART
HOMES
All images by Crestron Residential
The ‘internet of things’ is no longer a phrase reserved for some ambiguous future. With automation now a crucial part of everything we do professionally and commercially, it’s about time the residential sector caught up. Welcome to the era of smart homes.
From automating lighting to heating, appliances to air conditioning, TVs, computers, entertainment audio, video systems and security — the possibilities for smart homes are seemingly endless. A smart home provides the ability to wake up in the morning and with a simple ‘good morning’ command, have your blinds open, the lights gradually turn on, the TV switch to the news, Fleetwood Mac blast from your speakers and receive live updates on the weather and your commute. Smart homes have come a long way from being ‘dad’s toy’ and there’s plenty more to come. As early as 1982, the concept of a network of connected smart devices was floated, and by 1999 this was represented by the term ‘internet of things’. Now, this concept is a reality that’s integrated into all aspects of modern life in a more functional way than could ever have been predicted. While we may not have Marty McFly’s hoverboard, smart homes represent a sci-fi-esque future made possible. As well as integration in existing homes, smart home automation systems are becoming a staple for new and off-the-plan luxury residences. Gone are the days where a pile of remotes sit on the corner of the sofa and entire work days are spent worrying
about whether or not you turned the air conditioning off before you left home. Smart homes can provide safety, security, comfort, convenience and energy efficiency at all times, regardless of whether or not anyone is home. The leaders in tech automation throughout the United States, Crestron, have been the go-to guys for celebrity smart homes for as long as smart homes have existed. While originally only utilised by the mega-rich in their multi-million dollar LA mansions, smart home automation is now making its way through the residential sector at a phenomenal pace. Expanding out from the American market, Crestron is now making waves in Australia. These systems are no longer out of reach for middle-income earners, causing a transition from ‘showy’ smart homes, to customised systems that offer a whole spectrum of automation options. Some installations involve simple lighting and audio, while others integrate under-floor heating, full security systems and voice control. Crestron has recently established Brisbane’s largest smart home experience centre at the Digital Residence Space in Albion. After taking a tour of the space (and pressing all the buttons), PropertyMash spoke to the
TAKING A TOUR THROUGH A FULLY-EQUIPPED SMART HOME IS LIKE TAKING A GLIMPSE INTO THE FUTURE, AND IT’S A FUTURE THAT’S NOT TOO FAR ON THE HORIZON FOR AUSTRALIA. Crestron’s Director of Residential Systems, Trevor Rooney, to find out what’s possible for smart homes in 2019 and in the future. Taking a tour through a fully-equipped smart home is like taking a glimpse into the future, and it’s a future that’s not too far on the horizon. Trevor predicts that within a few years, automation will be standard for all new residences. “There’s going to be a time when the trigger is pulled, and smart homes just become the standard,” said Trevor. “I see it happening within the next three to five years, where even semi-rural house and land packages will be sold with automation,” he said.
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A decade ago, the pinnacle of home automation was getting Foxtel from the living room to the bedroom, or transmitting music to the alfresco area. Now, the number one conversation starter for Crestron is smart lighting. “Nobody wants to move into a new home with an on/off switch on every wall of the house,” says Trevor. Smart lighting means much more than just moving switches off the wall and onto a phone app or central console; it’s about creating an atmosphere. Through a Crestron or other home automation system, you can set ‘scenes’ to create the ideal lighting for everything from dinner time and reading time, to party mode and even panic mode (where every light in the house will flash on and off, alerting neighbours).
“When it comes to voice, there’s that novelty factor there that makes people go crazy for it,” says Trevor. Whether it’s HAL 9000 from 2001: A Space Odyssey or Tony Stark’s Jarvis, we’ve all grown up watching voice-responsive systems on the big screen. With Siri now sitting in most of our pockets and Alexa lining the shelves of every JB HI-FI, voice control has developed at an exponential pace in the few last years.
“We’ve gone from a 60 percent success rate to around 90 percent, which means it’s very viable, especially in the disability sector,” says Trevor. “To add voice control to a Crestron system is as simple as buying an Alexa, which will evolve significantly this year and become far more refined.” While novelty will always persist within emerging technologies, it’s the seamless integration of the ‘every day’ that’s the end goal of a true smart home.
Creating a custom lighting set-up throughout an entire home is simple when you go down the route of automation, especially if this is integrated into the property from the initial design and building process, as opposed to retrospective installation. As functional and as impressive as lighting automation is, many residents are chasing a voice-controlled smart home. Similarly to the hoverboard, voice-control is seen to be the pinnacle of futuristic living.
What does the future hold for smart homes? “In ten years from now, I think every home on the planet will have some kind of automation unless you’re living in a tent,” says Trevor. In the shorter term — the next three to five years — is when the awareness will develop and smart homes will no longer be a novelty. Whether it’s biometric entry into your house with a thumbprint, facial recognition cameras to play your favourite song when you walk in the room and AI integration to make these smart systems even smarter, the potential is boundless.
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What you need to know about... Once you have found a property you are serious about buying, there are a few more steps to go through before you move into your new home — signing on the dotted line being one of them. Contracts for new property are slightly different to contracts for existing property. We talked to Paul Morris of Nicholsons Solicitors to find out more.
PROPERTY CONTRACTS development being considered, the majority of the contract document may need to be focused on providing the developer with the flexibility they need to deal with the relevant government departments, the nuances of the building process and satisfying their financier’s requirements. These can be particularly complicated matters and the more iconic and significant the development, the more difficult dealing with these external parties generally becomes.
property or if they are an investor. There is no substitute to thoroughly reading the contract and understanding what it is saying from the perspective of what a buyer is expecting to buy and when. The purchase of a unit is a very significant investment for most people. If there is anything in the draft contract that is contrary to a buyer’s expectations then they should be insisting that the draft contract be varied to satisfy those expectations. What advice do you have for first-time property buyers?
Buyers have to appreciate the context of this question. There is no "standard" form of contract for “off plan” sales in Queensland. Further, there are very many variations to legal and physical structures that are available to developers to bring their product to the market. Consequently, it's not a matter of common problem clauses, but rather, making sure that the draft contract is appropriate for the development being considered.
The rest of the contract will be providing mechanics surrounding registration, inspections and settlement. So, it becomes an exercise to ensure that the flexibilities within the contract document do not exceed what is reasonable to allow the developer to bring the product to market. Unfortunately, reaching a fair balance involves the application of significant experience to be able to identify the risk created by the flexibility and to be able to explain the risks satisfactorily to a potentially inexperienced buyer.
Which clauses are to protect the buyer and which are to protect the developer?
Are there any clauses that you should insist are removed before you sign?
The truth is that off-the-plan contracts are designed to protect the developer. Depending on the complexity of the
There could be many clauses that are inappropriate to a buyer depending on whether they are proposing to reside in the
What are the most common clauses that crop up solely on new property contracts?
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Do not succumb to pressure. Read the contract and the disclosure statement and do your due diligence, both on the project and on the developer. If you could give buyers one tip when it comes to contracts what would it be? Research, research, research. Know your market from the perspective of comparative stock and comparative developers. Read and understand the disclosure statement and contract documents.
READ PAUL’S FULL ANSWERS TO THESE QUESTIONS ONLINE NOW, OR CONTACT NICHOLSONS FOR LEGAL ADVICE: PSM@NICHOLSONS.COM.AU
PROPERTY REVIEW
GOLD COAST SUBURB Mermaid Beach, Gold Coast
PROPERTY TYPE Apartments
DEVELOPMENT SIZE 94 apartments
CONSTRUCTION STATUS Construction not started
SALES SUITE Open Mon – Fri 11am – 4pm, Sat & Sun 10am – 5pm
STARTING PRICE $735,000
Things we love... •
The vast majority of apartments come with two car parks, which is rare for two-bedroom apartments on the Gold Coast.
•
The facilities, especially the surfboard racks and outdoor shower are great additions and will make life at Mahala
MAHALA
15 Peerless Avenue, Mermaid Beach Mahala Mermaid Beach is a newly announced apartment development consisting of 94 residences and an array of communal facilities that are focused on delivering convenience and the ultimate beach-house lifestyle. There is a mix of two bedroom, three bedroom and four-bedroom apartments available starting from $735,000. Mahala translates to “neighbourhood”, and developers, Pindan, have worked to cultivate a sense of community.
LOCATION Mahala Mermaid Beach is located just 100 metres back from the ocean. The end of the street offers direct beach access, meaning you’ll have sand in your toes a mere minute after shutting your front door. Peerless Avenue sits adjacent to Hedges Avenue, known colloquially as “Millionaires’ Row”. The properties along this stretch of the Gold Coast are some of the nicest and most expensive single residences in Queensland. Mahala is within walking distance of many restaurants, cafes and local boutiques. Pacific Fair Shopping Centre, with over 400 retailers including high-end international labels, is only a 10-minute walk away. Toward the north east of Mahala, you’ll find Pratten Park, which is one of the top parks in the area.
COMMUNAL FACILITIES Resident facilities at Mahala will include a pool and private dining room as well as alfresco barbecue areas and lounge spaces. The pool, which features an infinity-style waterfall desgin, is surrounded by sun-lounges and additional alfresco-style seating. A great added bonus that really sells the beach-house lifestyle is Mahala’s communal features. The residents will be able to enjoy a beach washdown station, bicycle storage and surfboard racks, all provided on the lowest level of the building. The roof of the building will feature solar panels, which will contribute significantly to the buildings power usage and make the complex environmentally friendly.
seem truly integrated with the beach. •
The owner-occupier focus means you’ll get to know your neighbours and develop a sense of community.
But remember that... •
•
There is an apartment building
APARTMENT DETAILS The ceilings will be approximately 2.6 metres throughout. The kitchen offers a breakfast bar which extends onto a larger-than-average living space. The living area flows directly out onto the private balcony via floor-to-ceiling glass doors. The generously-sized apartments give extra room and comfort, with all apartments oriented to capture the views.
between Mahala and the beach,
DEVELOPER DETAILS
meaning views may be obstructed.
Mahala Mermaid Beach apartments are being developed by Pindan. The Australian developers have over 40 years’ experience in the industry, with Mahala being their first foray into the Gold Coast luxury apartment market. Pindan manages the development process from site acquisition through to construction, marketing and sales.
With no construction dates yet, it may be difficult to arrange selling your existing home if you’re downsizing.
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PROPERTY REVIEW
GOLD COAST SUBURB Burleigh Heads, Gold Coast
SANDBAR
PROPERTY TYPE
1969 – 1979 Gold Coast Highway, Burleigh Heads
Apartments
Sandbar is currently the only high-rise apartment building under development in Burleigh
DEVELOPMENT SIZE
Heads. Sandbar Burleigh Heads will sit one block back from the beach and have excellent city,
163 apartments
hinterland and coastal views from Coolangatta through to Surfers Paradise from most levels. Sandbar will predominantly be targeted towards investors and holidaymakers, although the
CONSTRUCTION STATUS
Burleigh location is likely to attract local owner-occupiers as well. The two-bedroom apartments
Construction to begin early 2019
start from $515,000, and the three-bedroom plus family room apartments with ocean and
SALES SUITE
Burleigh Headland views are available from $1,590,000.
Open daily from 10am – 3pm
LOCATION
STARTING PRICE
Sandbar is adjacent to a park known as Jebbribillum Bora and the Gold Coast Highway.
$515,000
Burleigh Heads is a great medium between the bustling and busy Surfers Paradise and the quieter beachfront suburbs of Tugan and Palm Beach. It is an area of the Gold Coast which has historically been made up of predominantly locals and domestic holidaymakers that have holidayed at Burleigh Heads year after year. More recently, new high-rise developments have
Things we love... •
Body corporate fees are quite low and sit between $78 and $102 per week.
•
The design of the apartments and colour schemes give off a very beachfront-lifestyle vibe.
•
All apartments offer rather large floor plans, with large and functional kitchens.
But remember that... •
The local surfing is world-renowned and there are yearly tournaments held on the beach including the Burleigh Pro. The next stage of the G:Link Light Rail will also include a Burleigh stop, making public transport access to the rest of the Gold Coast a breeze.
COMMUNAL FACILITIES Sandbar residents have access to the residents’ floor, which has a resident-only pool, barbecue area, sun lounge, gym and kids’ play zone. This whole area will be great for residents, bringing them together and allowing them to relax (we’re thinking the kids’ play zone will be a favourite for both children and their parents).
APARTMENT DETAILS Inside the apartments, Sandbar is all about natural finishes and light and airy colours.
Sandbar sits a block back from the
Each apartment is quite roomy at around 80 square metres internally. The three-bedroom
beach, which may be a case of “close
apartments come with premium appliances by Sub-Zero and Wolf.
but not close enough” for some. •
swept into Burleigh, and with it, modern restaurants, bars and accompanying boutique shops.
Noise from the highway could be an issue for the lower-level apartments. Although precautions such as acoustic design and double glazing should prevent this.
DEVELOPER DETAILS Sandbar is a project by Morris Property Group, who have spearheaded several key projects on the coast recently, including Otto, Qube, Opus and Koko and were also the developers behind Boardwalk Burleigh. The success of that project is what spurred on this additional Burleigh Heads development. This project is being marketed by Knight Frank.
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PROPERTY REVIEW
SEQUANA
GOLD COAST
SUBURB Logan Reserve, Gold Coast
Glen Road, Logan Reserve
PROPERTY TYPE House and land
Situated at the halfway mark between Brisbane CBD and Surfers Paradise, Sequana sits on 340 metres of scenic river frontage. The name, Sequana, is based on the Gallo-Roman word meaning
DEVELOPMENT SIZE
‘river goddess’, and the developers have worked to integrate the stretch of water into the
242 lots
project as much as possible. With 950 residents expected to call Sequana home, the semi-rural
LAND SIZE
area will develop into a community all its own, with young families expected to be the majority of purchasers. The third stage, Stage 2A, is currently selling, with 14 lots available.
378m² – approx. 1081m²
LOCATION
FRONTAGE 12m – 22m
This $55-million house and land community is one of the only developments in the area to
CONSTRUCTION STATUS
be master-planned and to take advantage of the Logan River. Part of the Logan City Council,
Stage 2A selling now
this area is earmarked for growth over the next 20 years and as a result, the area is due to see an increase in public amenities. Sequana is a 20-minute drive from Logan Hyperdome
DISPLAY VILLAGE
and 15 minutes away from Logan Hospital. Logan Reserve State School and the community
Open daily from 10am – 5pm
kindergarten are located just up the road off Logan Reserve Road, making Sequana the perfect estate for families. The area is also noted as a reserve for the rainbow bee-eater bird, so you can
STARTING PRICE
expect to see these stunning, colourful birds around new homes at Sequana.
$199,900 for land only $367,500 for house and land
COMMUNAL FACILITIES Sequana includes a lovely central park, named Sequana Park, with a state-of-the-art playground and kick about, as well as barbecues and covered seating areas. There are also two dog parks and walking trails down by the river.
LAND DETAILS
Things we love... •
estate is dedicated to green space,
According to the current master plan, there will be 242 lots at Sequana upon completion.
with plenty of parks throughout.
While there are blocks as large as 1081 square metres, the majority of blocks sit between the 400 and 500 square-metre mark. The average frontage of the current stage, 2A, is 14 metres.
Over thirty percent of the entire
•
The 340 metres of river frontage
There are 21 different builders supplying house and land packages at Sequana, including
means that the water will become a
Oracle Platinum, Metricon, GJ Gardener, Bold Living and Hallmark Homes. Land at Sequana
large part of life at Sequana.
can be purchased independently or as a house and land package. The majority of packages sit under (or around) $450,000, making this development suitable for first-home buyers and young families.
But remember that... •
Gold Coast and Brisbane, it would
DEVELOPER DETAILS
take commuters nearly an hour to reach either CBD.
Villawood are the developers of Sequana, with nearly 30 years’ experience designing master-planned communities throughout Victoria and Queensland. Their other current Queensland projects include Montego Hills in Kingsholme and The Surrounds in Helensvale.
With a location halfway between the
•
The closest public transport option is currently over 10-minutes drive away.
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Coming up in the next edition... In our Autumn 2019 edition we take a glimpse into the future of Brisbane as we unpack the world-class infrastructure projects coming to the River City. We also showcase the development of the Gold Coast skyline and take a peek at property markets all around Australia.
EVOLUTION OF THE GOLD COAST SKYLINE From Circle on Cavil to Q1, and with 298-metre tall Spirit also now on the horizon, we take a look at the tallest buildings to grace the Glitter Strip.
THE NEW BRISBANE: INFRASTRUCTURE CHANGING THE FACE OF THE CBD Brisbane is stepping into the big boys’ league with astronomical infrastructure projects set to take place over the next decade.
NEWS FROM AROUND AUSTRALIA: CANBERRA While we’re still Queensland’s only dedicated new property magazine, we thought it was time to glimpse further afield. Next issue, we feature the latest news from one of Australia’s hottest property markets.
Can’t wait that long? Visit us online at PropertyMash to see the latest news and construction updates for all new-build properties in Brisbane, the Gold Coast and the Sunshine Coast.
443 Queen Street
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