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INSIDE STORY: Disused pipeline stops hundreds from building

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UPDATE 7AM: Santos has responded to criticism that they are preventing hundreds of residents from building over a disused oil line but Cr Paul Tully says that response has “more spin than a 78 rpm record”.

Cr Tully has called on the company to relinquish their easements over a disused 300km oil pipeline from Moonie to Brisbane that prevents residents from building physical structures such as garden sheds, garages and pools over the pipeline.

If Santos won’t act unilaterally on the easements, Cr Tully has called on the State Government to legislate to force their hand.

The company has not responded on the record about its plans to relinquish the easements, although the QT has learned a decommissioning plan has been developed by Santos with a timeframe yet to be determined.

It is unclear whether that means they will relinquish the entire easement or just bits and pieces such as pumps.

The QT will seek clarification on this point, which will be of great interest to the hundreds of residents who live above the pipeline which runs through Ipswich from Grandchester to Carole Park and travels through Brisbane’s suburbs to the Port of Brisbane.

Either way, Cr Tully said Santos had so far “failed to address the key issue of relinquishing the easements”.

The QT understands concrete infrastructure such as driveways can be placed over the pipeline, however physical structures such as buildings or pools cannot.

“Work can still be done on the pipeline easement, we just need to review applications to make sure it is done safely, as is the case with any underground infrastructure such as electrical or wastewater,” a Santos spokesperson said in response to Cr Tully’s earlier comments in the QT.

“We would typically be required to review anywhere from 50 to 100 applications per year, and every application we’ve reviewed over the past several years has been approved, sometimes with changes, for developments including subdivisions, service stations and schools.”

Cr Tully has received numerous complaints from residents who are still angry they cannot build over the pipeline and improve their homes.

He said the Santos response did not address the key issue.

“Their response is an insult to hundreds of Ipswich and Brisbane property owners who are prevented from building over the easement,” he said.

“Santos should come clean. Do they have a secret plan to re-use the easement in the future for another oil pipeline from Moonie to Brisbane?

“Their media statements have more spin than a 78 rpm record.”

The QT understands the pipeline is currently full of dry air at zero pressure and poses no safety or environmental risk.

 

EARLIER: A disused Santos oil pipeline running through hundreds of Ipswich residential properties is preventing people from building pools, garages and sheds in their yards and has been for more than 50 years.

So now Ipswich councillor Paul Tully is calling on Santos to act to extinguish the easements which they hold along the pipeline that runs through Ipswich from Grandchester to Carole Park, and travels through Brisbane’s southern suburbs to the Port of Brisbane.

And if they won’t do it willingly, Cr Tully has called on the State Government to legislate so that they must.

Cr Tully pointed out they were easements Santos could never use again.

He said they now needed to forfeit their claim to the easements for the 300km line so that the registered easements could be removed from property owners’ titles.

Cr Tully has had residents from Bellbird Park, Raceview and Camira complain to him that they had applied to a building certifier for a shed or pool, and because they had an easement their applications were rejected by Santos.

“It was an oil pipeline commissioned via a series of easements from Moonie to Brisbane in 1964,” Cr Tully said.

“They then decommissioned that pipeline after a major oil leak in Brisbane in 2007.

“The government at the time put pressure on Santos to decommission the pipeline and undertake never again to use it for oil.

“But the problem is that a lot of people have the pipeline going through their residential properties and they can’t put pools in and they can’t build garages or garden sheds.

“It is high time that Santos forfeited their claim to these easements because there are a lot of people in Ipswich, and Brisbane as well, who are impacted.”

Cr Tully said it made no sense for Santos to retain rights to the easements.

“It is an abandoned oil line so why should it stay on people’s title? Why should it be an impediment to them improving their properties?

“It is about time Santos stood up to their corporate responsibility.

“It is a pipeline people can’t build adjacent to, and they certainly can’t build over it

“Santos are being unreasonable over this and they should walk away from the easement.

“If Santos is not prepared to act unilaterally then I am calling on the State Government, by legislation, to extinguish the easement along the pipeline route.”

Cr Tully said residents’ patience had worn completely thin.

“Santos decided to close the pipeline after a major spill at Algester in July 2007 of more than 100,000 litres of oil caused 400 homes to be evacuated,” Cr Tully said way back in 2010.

“The easement also affects works over or adjacent to the pipeline and easement such as excavation (hand or machinery), tree planting, moving heavy equipment, building drains, changing land profiles, trenching, boring, blasting and building structures.

“In all these situations, prior written approval is required from Santos.

“In a recent case, a Bellbird Park property owner adjacent to the pipeline was prevented from further developing his land by Santos.”

The QT asked Santos for comment but did not receive one by deadline.

 

Originally Published: https://www.chinchillanews.com.au

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Opinion

Gold Coast house values record the biggest growth in Queensland

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Gold Coast house values record the biggest growth in Queensland

The Gold Coast has recorded the strongest growth in house prices in Queensland over the past 12 months.

GOLD Coast house prices are leading the way in Queensland, up six per cent in the past 12 months to an average $620,000.

The latest figures by the Real Estate Institute of Queensland show homes on the Glitter Strip are $35,000 more on the same time last year.

Unit prices are up 1.9 per cent to $428,000.

Gold Coast house values record the biggest growth in Queensland
REIQ data reveals houses on the Glitter Strip are worth $35,000 on the same time last year.

REIQ’s Queensland Market Monitor for March said the strong population growth came on the back of infrastructure projects such as the $550 million Gold Coast Health and Knowledge Precinct and M1 upgrades.

“The property market has been one of the big winners from the sporting event as the $1.5 billion infrastructure investment has boosted confidence and demand for housing in the region,” the report stated.

“We expect house prices will show an upward path in 2018. However, this growth will most likely be more moderate.”

A quiet real estate period leading up to, and during, the Commonwealth Games likely contributed to a slight drop (-0.3 per cent) in the March quarterly median sales price, the report reveals.

Gold Coast house values record the biggest growth in Queensland
Andrew Henderson says a growing population and employment opportunities were contributing to a strong property market. Picture: Jerad Williams

REIQ Gold Coast zone chairman Andrew Henderson said he expected interstate migration to continue to benefit the city.

“I expect the market to remain strong,” he said.

“There is a heavy amount of interstate buyers moving here.

“I was at an auction recently where the winning bidder was from Sydney and the underbidder was from Melbourne.”

Mr Henderson said growing employment opportunities were also attracting homebuyers to the city.

Gold Coast house values record the biggest growth in Queensland
The Gold Coast property market is expected to remain strong.

“We have some of the best health facilities in the country and our universities are world recognised.

“Those two things alone complement the tourism industry and the lifestyle aspects that the Coast offers.”

The report found the fastest-selling suburbs on the Coast included Worongary, Merrimac, Highland Park, Mudgeeraba and Carrara.

It also revealed the rental vacancy held tight throughout the first quarter of the year at 1.1 per cent.

Gold Coast house values record the biggest growth in Queensland
Andrew Bell says the Coast had evolved from a tourist town into a vibrant city with an expanding economy. Picture Mike Batterham

Ray White Surfers Paradise Group CEO Andrew Bell said the Games heralded the next chapter for the Coast, as it evolved from a tourist town into a vibrant city with an expanding economy.

“The city’s property market is riding the irreversible momentum that has now come to the Gold Coast in terms of economic diversity and with more employment options we will need more housing options for people,” Mr Bell said.

“We are no longer going to be subject to tourism upsides and downsides as we were in the past because our economy has well and truly diversified beyond just tourism.”

Source: brisbaneinvestor.com.au

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Opinion

Australia’s golden triangle of opportunity

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Australia's golden triangle of opportunity

It was great to be back on the Gold Coast for the 21st annual Australasian Real Estate Conference (AREC), attended by over 4,000 of Australia’s best industry professionals.  While I was there I was once again reminded of how much potential the South-East Queensland property market is offering both sea changers and investors at this stage in its market cycle.

In my view, Brisbane is the best market in Australia currently for short to medium term price growth, with the value gap between it and the other big East Coast capitals as large as I’ve seen it in many years.

When you factor in the key drivers for future growth – liveability, affordability, scale and future economic prospects, they all suggest that Brisbane is a market to invest in.  Check out the latest statistics from CoreLogic below.

Value gap – median house prices 

Brisbane $536,286

Melbourne $821,006

Sydney $1,019,093

Value gap – median apartment prices

Brisbane $385,121

Melbourne $573,673

Sydney $749,765

I’ve been bullish on Brisbane for many years and in hindsight, I called its next growth phase a couple of years too early. It’s had some growth in recent years but there is a lot more to come over the next few years.

According to McGrath’s top prestige agent in Brisbane, Alex Jordan, one of the dominant trends today is downsizers buying up luxury apartments.

Alex says: “Despite the reported oversupply in Brisbane’s inner city apartment market, we are seeing great strength in the prestige apartment sector.

“The luxury apartment market ($1M+) is driven by owner occupiers, particularly baby boomers and empty nesters, who are attracted to less maintenance and better accessibility.

“Popular suburbs include New Farm, Newstead, Teneriffe, Kangaroo Point, South Brisbane, St Lucia, Paddington and the Brisbane CBD. These areas offer a desirable lifestyle with an abundance of shopping, dining and entertaining precincts at their doorstep.”

South East Queensland has so many options for asset-rich, cash-poor southerners. Many of our customers in Sydney and Melbourne are looking closely at South East Queensland both for investment and a potential sea change. I believe its affordability will continue to attract record levels of interstate migration.

If you live in Sydney or Melbourne and you’re struggling with the mortgage and cost of living, Brisbane is a fantastic alternative. It offers big city job opportunities, high quality education options and the chance to transform your financial future.

The boom delivered Sydney and Melbourne home owners a capital gain of up to 75% – that’s enormous new equity that could be cashed in to fund an amazing new lifestyle with far less mortgage stress up north. Plus, you’d be buying in just before Brisbane’s next wave of price growth. It’s the perfect scenario.

I believe the area from the Gold Coast to Toowoomba and up to the Sunshine Coast is Australia’s golden triangle right now.

Toowoomba, with its expanded airport facilities which have opened up easy access to the south, is the perfect and affordable treechange destination. Known as Queensland’s Garden City, about 2,300 people moved here from Brisbane last year for its cheaper house prices and enjoyable regional city lifestyle.

Both the Gold Coast and Sunshine Coast are also appealing sea change options benefitting from a raft of new infrastructure that will drive further population growth and generate more local jobs.

Brisbane is one of the world’s great cities but I don’t think this is fully realised as yet. If you haven’t been to Brisbane for a number of years, get on a plane. This is a thriving city that offers many of the lifestyle amenities you love about the southern capitals but at a much cheaper price.

I think Brisbane will also become very attractive to migration and investment from Asia in the years ahead.

South East Queensland is offering opportunity everywhere for both owner occupiers and investors alike. Now’s the time to consider what Australia’s premier lifestyle market can do for you!

Source: brisbaneinvestor.com.au

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These are the top 3 spots to bag a bargain in Brisbane: Ryder

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These are the top 3 spots to bag a bargain in Brisbane: Ryder

Property analyst Terry Ryder has picked three spots to invest in Brisbane. Picture: Richard Walker.Source:News Corp Australia

WANT to know where to invest in Brisbane that’s both affordable and offers the prospect of price growth? Look no further…

THERE are only three areas in Greater Brisbane that offer affordable real estate with growth potential, according to property analyst Terry Ryder.

The founder of Hotspotting.com.au has identified three precincts where there are plenty of houses well below the median Brisbane house price of around $530,000, close to transport links, shopping and jobs nodes, and with median rental yields in the 5 to 5.5 per cent range.

Here they are:

These are the top 3 spots to bag a bargain in Brisbane: Ryder

Hotspoting.com.au director Terry Ryder at his home in Queensland.Source:News Limited

1. Goodna-Redbank Plains, Ipswich

These suburbs are at the eastern fringe of the Ipswich local government area — the part closest to Brisbane, the motorway and the train line.

They are also close to the Springfield masterplanned community, which has an array of modern facilities, including university campus, hospital and commercial-retail precincts.

“There are numerous big shopping centres and major employment nodes nearby, with the recently announced $5 billion Defence vehicle contract focused on this precinct as a major new jobs creator,” Mr Ryder said.

These are the top 3 spots to bag a bargain in Brisbane: Ryder

Terry Ryder thinks parts of Ipswich would make a good property investment. Picture: Chris McCormack.Source:News Corp Australia

 These are the top 3 spots to bag a bargain in Brisbane: Ryder

Terry Ryder thinks Redbank Plains is a good place to invest in property.Source:News Limited

2. Eagleby-Beenleigh-Woodridge, Logan

Mr Ryder said these older suburbs in Logan had median house prices in the $300,000s and were clustered around the train line and the Pacific Motorway, both of which link central Brisbane to the Gold Coast.

“This is also where there is an impressive shopping offering, including major bulky goods retail, and well-established infrastructure like schools and medical facilities (as well as a surprising number of golf courses).

3. Moreton Bay

The suburbs of Beachmere, Burpengary and Upper Caboolture have experienced double-digit growth in their median house prices in the past year, according to Mr Ryder.

They are all close to major road and rail links, but aren’t as expensive as North Lakes has become.

Even in the Redcliffe Peninsula, where most of the water-focused suburbs are, the median house price is only in the $400,000s.

And the Peninsula now has rail links to central Brisbane, making it an even more appealing prospect.

These are the top 3 spots to bag a bargain in Brisbane: Ryder

The Moreton Bay Rail link has made the area more appealing to property investors, according to Terry Ryder. Picture: Tara Croser.Source:News Corp Australia

Source: moretoninvestor.com.au

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