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