15 APRIL 2019
Brisbane is like a car where the engine is revving but it can’t move forward because the handbrake is on. The city’s property market is poised for an up-cycle but, according to the generalised price data published in mainstream media, it’s not yet happening.
The key point for investors, however, is that there are many Brisbane markets achieving above-average price growth.
Fiona Killman, Central Coast Gosford Express Advocate
The numbers are eye-popping — a $2.8 billion proposal, near 5000 new homes or units built, 10,000 jobs secured, over 70 hectares of land harnessed.
Scentre Group, the company behind Westfield, has unveiled a staggering concept plan to transform Tuggerah as we know it. It is the biggest proposal of its kind in the history of the Central Coast.
Allan Roebuck March 28, 2019
About 2000 new jobs are in the pipeline for Ipswich jobseekers as five new major construction projects are commenced or completed and new businesses begin operations this year. Ipswich will also be among the top two regions in southeast Queensland leading jobs growth over the next five years according to labour market predictions from the Department of Jobs and Small Business.
The department’s own data reveals Ipswich will have an additional 18,200 jobs by 2023, a growth rate of 11.3 per cent.
Ipswich City Council chief executive officer David Farmer said the city was already meeting the challenge of creating new jobs, and collaborating with industry and the Queensland Government to deliver big wins for the region.
“Ipswich is recognised as a major growth region with some very compelling advantages relating to workforce, connectivity, available land and supply chain services. Some of the big companies which have chosen to invest and grow in Ipswich recently have really kicked our industrial sector into a new gear with jobs and economic growth the result.
1. “In May, Australia Post is expected to begin transitioning operations to a purpose built 50,000 square metre distribution and sorting centre at Redbank Motorway Estate capable of handling 700,000 parcels per day. Australia Post will bring about 500 jobs.”
MARCH 21, 2019 3:03 PM
Education Minister Grace Grace and Logan MP Linus Power have announced who will lead one of South East Queensland’s newest schools, as the first sod was turned on a $65 million state secondary school in Yarrabilba.
“Today is a really exciting milestone for my local community, with the first year 7 and 8 students to walk through the gates on day one of the 2020 school year,” Mr Power said. “Not only will this school be a world-class facility for our young people, but it will create 173 full-time jobs which is a huge boost to our local economy.
Approximately 300 year 7 and 8 students are expected to enrol at Yarrabilba next year, with the school to eventually accommodate up to 1,800 students in years 7-12 by 2024. Mr Power said growth in the Yarrabilba area had skyrocketed.
“Yarrabilba is one of the state’s fastest-growing masterplanned communities which is predicted to grow by almost 14,000 people by the end of 2031,” Mr Power said.
“Stage one will feature a junior general learning centre, technology centre,science centre, food and hospitality centre and a resource centre. It will also include a double court sports centre, canteen and sports oval.”
Ms Grace said the school was being constructed as part of the Palaszczuk Government’s $808 million Building Future Schools Fund (BFS).
https://www.miragenews.com/all-systems-go-for-new-yarrabilba-high-school/
Darrell Giles March 21, 2019
The development of a 25-kilometre public transport corridor from Ipswich Central to Springfield Central is seen as critical to the future of the city and South East Queensland.
A special report presented to Ipswich City Council this week, Ipswich Central to Springfield Central Public Transport Corridor, details the importance of this line, including providing an essential link to new suburbs emerging across the city, new business and employment opportunities.
Council’s Economic Development manager Paul Massingham said, “The Ipswich Central to Springfield Central Public Transport Corridor is approximately 25km in length and is proposed to include the construction of nine stations [including one at Redbank Plains],” he said.
The Ipswich Central to Springfield Central Public Transport Corridor is recognised as a priority project by the State Government and is considered the region’s highest priority infrastructure project to meet the needs of our future growth.
New stations needed for the Springfield rail line.
Elizabeth Tilley 10 JAN 2019
BRISBANE’S housing market is slowly giving the keys back to landlords, with new figures revealing the city recorded its strongest annual rise in rents in three years.
After months of flat growth in rental properties, analysis of the latest CoreLogic data by realestate.com.au shows house rents increased 2.4 per cent in 2018, while the cost of leasing a unit became 2.6 per cent more expensive.
Industry experts say the data shows now is the time to buy in the Brisbane market. Realestate.com.au chief economist Nerida Conisbee said the only way was up for rents in the city from here on, as underlying demand in the Brisbane market began to absorb rental supply, putting upward pressure on rents.
“Now is actually a good time to look to buy because we are looking to see further increases in rental levels,” Ms Conisbee said. “The reason being we have fewer new developments going ahead and also fewer investors in the market.”
“Queensland is also attracting a lot of people, so there’s going to be more homes needed,” she said.”
The state’s improving economy, relative housing affordability and rising job prospects would further entice investors to head north, Ms Conisbee said.
Rental yields are also improving for both houses and units.
https://www.realestate.com.au/news/thinking-of-buying-a-home-nows-the-time-to-make-it-happen/
Cathy Stubbs, Central Coast Gosford Express Advocate
February 13, 2019 9:12am
NSW Education Minister Rob Stokes has reassured parents that the new Warnervale Public School is on track to be completed by late 2021.
Mr Stokes said the project was progressing with design options for the new school currently being examined.
“The State Significant Development application for the project will be finalised in the coming months, prior to the construction contract for the new school being put out to tender,” he said.
The suburb of Warnervale will also get a new primary school.
“Meanwhile at least half a dozen new demountable buildings have gone up Woongarah, Warnervale and Wadalba Public Schools — hundreds of kids being squashed into schools that were never designed to take them. New demountables are going into local schools.
Population pressures in the north of the Central Coast continue to grow — particularly around Warnervale. “There are hundreds and hundreds of new families moving into that area of the Central Coast,” Mrs Brownlee said.
Coast’s water supply network gets $61 million boost
Monday, 4 February 2019
Central Coast Council is preparing to deliver one of the region’s most significant infrastructure projects – a nine kilometre water pipeline from Mardi to Warnervale.
The $61 million project will boost water supply to the Central Coast’s rapidly growing northern suburbs and improve water security for the entire region.
Lachlan Mcivor, Queensland Times
January 31, 2019 12:39pm
A NUMBER of new schools are on the way to keep up the ever increasing population of the Ipswich region.
Existing schools are also set for refurbishments and new buildings as demand for new facilities grows. Here are some of the new schools and expansions on the way:
Posted by Darrell Giles | Jan 29, 2019 | Business
First Costco, now Coles.
The supermarket giant has confirmed plans to construct a new automated ambient distribution centre in Redbank, likely to create hundreds of new jobs. Coles Group Limited made a major announcement to the Australian Stock Exchange about a $950 million project involving two mega distribution centres, one being at Redbank.
The company confirmed the new centre, to be based at Redbank, will create hundreds of jobs over an initial 20-year lease period.
The competition will certainly hot up between Coles, Costco and other supermarket retailers in the region. Costco was due to open its doors at its new Bundamba location before Christmas, but delays on road works meant an early 2019 opening.
The warehouse and adjacent petrol station will create about 280 new jobs and will mean huge saving for customers and motorists.
https://www.ipswichfirst.com.au/first-costco-now-coles-supermarket-giant-eyes-ipswich-distribution-centre/?utm_medium=email&utm_campaign=January29&utm_content=January29+CID_97e4c11f68d15b1420ddd68f568f46b9&utm_source=Email%20marketing%20software&utm_term=Read%20More
