This new home range is a chance for the younger generation to achieve the “great Australian dream”.
AVID Property Group is offering a new style of home at its Brentwood Forestdevelopment in Bellbird Park, aimed at helping the youthful greater Springfield population enter the housing market. With national house prices increasing nearly 20 per cent over the last five years, and household incomes only rising by around 9.2 per cent (Core Logic’s 2016 Housing Affordability Report), the attainability of home ownership is in question for many young people.
AVID Property Group general manager Queensland Bruce Harper said Brentwood Forest’s Tempo Living homes offered an affordable yet stylish entry point for first home buyers on the property ladder.
“Lots of young buyers struggle to get into the housing market, and they’re often forced into older ‘fixer-uppers’ that suit their budget but not their tastes,” Mr Harper said.
“The Tempo Living range offers first home buyers the chance to step into a brand new home, without the hassle of complicated builds or renovations.”
Recent Census data shows the median age in Ipswich is 32, lower than the national median of 37. “Greater Springfield’s young, growing population needs housing that really reflects their lifestyle, and the sort of quality, sophisticated design that young people have come to expect in a home,” Mr Harper said.
“The Tempo Living homes suit people who are looking for an easy to maintain home without the hassle of lots of yard maintenance.
“They are a great entry point into the housing market, without buyers having to compromise on design or location.”
Tempo Living display homes are now open at Brentwood Forest.
Tempo Living homebuyer David Lowe said the homes were an affordable, freehold option, close to a range of amenities.
Originally Published: www.weeklytimesnow.com.au
Rush to spend big in Greater Springfield
PREMIUM properties across Greater Springfield are in such high demand that local real estate agents are being inundated with offers at an unprecedented rate.
And if the recent sale of 12 Foreshore Drive is anything to go by, it looks to be a seller’s market.
McGrath principal Tracey Caruana sold the Springfield Lakes home in November for $742,000 netting the seller close to a $100,000 profit. They bought the two-storey, four-bedder in 2015 for $650,000.
The median sale price for four-bedroom homes in Springfield Lakes is $465,000.
Ms Caruana has sold homes in the area for 12 years, and said selling a house for more than $700,000 used to be “a hard slog”.
This one had four multiple offers after its first open home.
“I’ve never seen this before,” Ms Caruana said.
“We don’t normally see this type of interest in the high end market of Springfield and Springfield Lakes, but we are finding that more people are interested in these type of large executive-style homes.”
She credited the sale to the “superior fixtures” and “wow factor” of the two-storey Plantation Home situated on a 576 sqm block.
With a chef’s kitchen, butler’s pantry, fingerprint security technology, solar panels and solar hot water, the home was marketed as having “everything you need”.
Ms Caruana said the local supply of high-end properties was not keeping up with demand.
“We have a waiting list of people wanting premium, high end properties,” she said.
“I’m seeing people pounce on anything over $700,000 as soon as it goes on the market.
“It never used to be that way. You’d sit at an open home just watching the sky.”
She credited an influx of executives and families wanting larger block sizes for the bolstered interest in larger, more expensive properties.
Movement in the Augustine Heights market was also contributing.
“They want space for a trampoline and a swing set in the backyard which you can’t do with a 300 sqm block,” she said.
Ms Caruana said interest in the top end would help increase property values across the board. “The upper end drives the rest of the market,” she said.
“If the upper end moves up it pulls the rest of the market up. It’s a significant change, but definitely a positive one.
“If the trend continues at the current rate and the current interest remains, then I would at least expect to see continual growth across Greater Springfield.”
The sale of an Augustine Heights property that was only on the market for one day took the record for the speediest sale of 2017.
Brookwater Residential agent Irena Marasea secured the $900,000 December sale. It even inspired her to have ‘sold in one day’ stickers created. Ms Marasea holds the $1.4 million price record for Brookwater set in 2016.
Originally Published: www.couriermail.com.au
Ipswich Mall ready for re-construction
The wrecking ball and dozers moved into the derelict site mid last year, demolishing what used to be the heart of the city, ready for a fresh new look to begin evolving in 2018.
The new Ipswich City Council administration building, the future food and beverage precinct and parts of Murphy’s Pub are all ready for re-construction to begin in the first part of the year.
Murphy’s Pub in Union Place has been deconstructed in consultation with heritage experts, with all non-original elements removed and all historically-significant elements either on-site or in storage ahead of restoration.
Expressions of Interest for the rebuilding project have now been received and it is anticipated that the tenders will be advised shortly.
Work has also been completed to restore the Bremer St footpath with pedestrian access now available.
Originally Published: www.qt.com.au
$900,000 Ipswich home sets record with speed of sale
AN AUGUSTINE Heights home has been snapped up by eager buyers for $900,000 just one day after it was put on the market.
The sale of the five bedroom, three-bathroom home is believed to be the quickest in the area.
It was also another feather in the cap of Brookwater Residential agent, Irena Marasea.
Ms Marasea, who last year set the price record with a $1.4 million sale in Brookwater, attributed the fast sale to the depth of her buyer database.
With a second kitchenette and an additional double garage, Ms Marasea said it was a unique property that appealed to a certain couple.
“These buyers had a particular requirement and this house really ticked all of their boxes,” she said.
The sale of the home was a straight-forward one.
“I met with the owners and they wanted to see what I thought of their property,” she said.
“They were surprised and taken back at the value of the appraisal I’d given them.”
The home was put on the market and within one day the buyers, Victoria and Ian, had fallen in love with it.
“I could just see that these buyers, it was for them, I knew they would like it – their lifestyle would fit,” Ms Marasea said.
“It was a really nice sale for all parties.”
The couple had spent about eight months with Ms Marasea searching for the right property.
She believes by understanding the couple’s ideas and wishes, the sale was completed quickly and easily.
Ms Marasea has worked as a real estate agent in the area for about 10 years.
She recalls the days when about five cars used the Centenary Motorway, a far cry from the bustling metropolis the Greater Springfield region is becoming.
With last year’s $1.4 million Brookwater sale, Ms Marasea predicts the region will continue growing.
“I think definitely in a positive direction, people love the idea of living there,” she said.
“You’ve got lots of beautiful houses with swimming pools, lots of land available.”
Her record-breaking time on the market led Ms Marasea to create ‘sold in one day’ stickers.
Originally Published: www.qt.com.au