Gold Coast house values record the biggest growth in Queensland

first_imgThe 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. 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. WHY VENDOR CHOSE TO GO TO AUCTION TV FAMOUS HAMPTONS HOME CHANGES HANDS “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. 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. More from news02:37International architect Desmond Brooks selling luxury beach villa16 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days agoAndrew Henderson says a growing population and employment opportunities were contributing to a strong property market. Picture: Jerad WilliamsREIQ 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. Andrew Bell says the Coast had evolved from a tourist town into a vibrant city with an expanding economy. Picture Mike BatterhamRay 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.”last_img read more

Avo look at this beauty

first_imgSusan Figiel is selling her home in Bardon which has many wonderful fruit trees. Thursday, August 23, 2018. (AAP Image/Richard Waugh)Owners Susan Figiel and David Gunn, who grew up on the land, said the property had been a perfect alternative to life in the bush and a great home to raise their three children. 56 Barnett Rd BardonThe semi-retired couple, whose children have all grown up and had their own kids, are moving to acreage in northern NSW.Mrs Figiel said she had mixed emotions about leaving the family home.“But it is time to move on,” she said. “We will still be barracking for Queensland though.”The four bedroom, tri-level house was launched to the market yesterday, and will have its first open house from 11-11.30am tomorrow. It is listed with Jesse Sherring of Place West. 56 Barnett Rd Bardon“You can see the city lights from upstairs but you would never know you were just 6km from the CBD,” Ms Figiel said.More from newsParks and wildlife the new lust-haves post coronavirus17 hours agoNoosa’s best beachfront penthouse is about to hit the market17 hours ago“You come home and it is total peace but you can pop out to dinner at Rosalie, Bardon and Paddington just minutes away.”The property is surrounded by bushland and parks. A long driveway leading to the house is flanked by established fruit and coffee trees.“There are lemons, limes, guava, oranges, avocadoes and coffee trees,” Ms Figiel said. “I have made my own coffee and we have avocadoes every morning.“Every morning I have fresh lemon and citrus juice.” Susan Figiel is selling her home in Bardon which has many wonderful fruit trees. Thursday, August 23, 2018. (AAP Image/Richard Waugh)THIS “mini farm” close to the Brisbane CBD could be the answer to your expensive morning coffee and smashed avo habit.Built 21 years ago, 56 Barnett Rd at Bardon sits on a 1118sq m block and comes with its own established coffee, avocado and orange trees.It even has two large water tanks. 56 Barnett Rd BardonTourism website Visit Brisbane has its Brisbane Avo on Toast index, which suggests that the average diner pays $13.80 for the brekkie delight.“We have that every morning for free,” Ms Figiel said.last_img read more

Luxury listing: Brisbane power couple put mansion on the market

first_imgMarketing agent Dwight Ferguson of Ray White – Ascot said the home was being sold without a price guide, but was likely torival the sale of nearby 30 Windemere Road, which fetched $5.95 million in April last year. “It’ll be a signature sale, there’s no doubt about it,” Mr Ferguson said. They recruited local architect Richard Groves to renovate and extend the house, without compromising its integrity.“It’s nice the way they’ve blended the old with the new,” Mrs Stening said.More from newsParks and wildlife the new lust-haves post coronavirus14 hours agoNoosa’s best beachfront penthouse is about to hit the market14 hours agoThe home is a combination of brick, stonework, stucco, timber and a roofline comprising a series of intersecting gables. The resort-style pool can be seen through glass panels in the subterranean garage, where there is also a wine cellar. There is also a full-size tennis court, which Mrs Stening said she would miss greatly.“I use it four or five times a week,” she said.“And we just upgraded the court, so it’s great.”But she said it was time to sell, though they planned on staying in the area.“It’s probably a bit big for us all now,” Mrs Stening said. “I have always loved that house, always admired it,” Mrs Stening said.“It’s kind of like a fairytale house to me.“It’s got great bones and we knew it had potential straight away.” On the other side of home are two more bedrooms, a glass framed office and a rooftop terrace. On the upper level is the master suite with walk-in robe and ensuite, two more bedrooms, Stening’s studio and a bathroom. center_img Features include a formal lounge room with coffered ceilings, chandeliers, and a brick fireplace.Next door is a sunroom, library and alfresco loggia overlooking an outdoor entertaining space.The kitchen is a mix of sleek stone, marble and rustic timber, and comes with a butler’s pantry. REAL ESTATE: This house at 132 Windermere Rd, Hamilton, has been listed for sale by Brisbane artist Claire Stening.BRISBANE power couple Claire and Jim Stening have put their exquisite Hamilton home on the market, and it seems only fittingthat it’s an architectural masterpiece. Just as the local artist’s paintings command premium prices, the house is also likely to fetch a pretty penny — around the$6 million mark. The mother-of-three, who is well-known for her still life works, and Mr Stening, who is the founder and managing directorof fixed income broker FIIG Securities, recently extended and renovated the heritage-listed house. It has five bedrooms and four bathrooms on a huge 1503 sqm of blue-chip real estate. Records show the property last sold in 2012.Mrs Stening said she and her husband fell in love with the house because of its age and how well it was built. Claire Stening in her Hamilton studio. The grand 1928 estate known as ‘Lynford’ at 132 Windermere Road has been described as “the best example of a Tudor revival home” in the city. last_img read more

There’s a rainforest growing inside this Brisbane home

first_img“I tried to build it as good as I could,” Mr Donaldson said of the sprawling two level homestead with over 500sq m of internal space, not including the five patios and drying area.“I think it stood the test of time very well.”Bathrooms have been renovated to prepare the property for sale and new kitchen appliances have been installed.“There’s not one part of this house that is not my favourite,” Mr Donaldson said from the airconditioned media room.The internal courtyards, one between the entrance and dining room, and the other between the main bathroom and media room serve a practical and aesthetic purpose. THERE ARE 13 HOUSES FOR SALE IN GUMDALE. CHECK THEM OUT HERE. This indoor green room is a breath of fresh air.The building is oriented to the north with the bedrooms and kitchen all making use of the cooler aspect.It’s a house that architect Desmond Donaldson and his wife Jill will find difficult to leave but with their son and grandchildren living away, it is time to move closer. >>>FOLLOW THE COURIER-MAIL REAL ESTATE TEAM ON FACEBOOK<<< The dining room has access to an internal courtyard.More from newsCrowd expected as mega estate goes under the hammer7 Aug 2020Hard work, resourcefulness and $17k bring old Ipswich home back to life20 Apr 2020center_img Loaded with extra features like internal courtyards and lofts in the bedroom is 55 Archer St, Gumdale.THERE is architectural excellence and a few quirky twists in this 25-year-old homestead on one hectare that is on the market for the first time.In the quirky corner, 55 Archer St, Gumdale has internal courtyards filled with rainforest plants, lofts in three bedrooms, an attic above the library, and a roaring open fireplace with raked ceilings. Helping to clean the air, internal courtyards filled with tropical plants form an integral part of this architect-designed house.“My wife and I are nature lovers and the plants in the courtyards look after themselves, you just make sure they have enough water,” he said.The greenery helps to oxygenate the house, and allows for the internal bathroom to open out to a green room. Fraser Evans of RE/MAX Results will open 55 Archer St, Gumdale for inspection on Saturday, February 9 from 2pm-2.30pm.The design excellence is captured by glass walls and tiles that blend with a colour palette of crisp whites and warm creams.last_img read more

Everton Park house with naked lady wallpaper to go to auction

first_imgThe wallpaper is reminiscent of a retro Playboy magazine — and this is a bathroom for guests.A house with custom-made wallpaper of naked ladies in its bathroom is set to go under the hammer this weekend — and is expected to draw quite the crowd.The home at 179 Flockton St, Everton Park, has a powder room which is covered from floor to ceiling in wallpaper featuring retro semi-nude women posing seductively. Retro house gets its boogie on More from newsParks and wildlife the new lust-haves post coronavirus13 hours agoNoosa’s best beachfront penthouse is about to hit the market13 hours agoThe carved eagle — scary or impressive?It even has a squash court and sauna, along with an in-ground pool, spa and bar.Place Newmarket agent Ross Armstrong said about 180 groups had inspected the property since the marketing campaign was launched in mid-January.“It’s been a bit of a museum to be honest (and) a lot of neighbours have been coming through,” Mr Armstrong said.“People just like the old style and I’ve never seen anything like it.” It looks like The Proclaimers would walk 500 miles to get to this carpet.That’s not where the quirks end in this abode, which was built in 1982, with a giant carved eagle at the entrance of the home, to tartan carpet in pool room.It must have been quite the spectacle back in its heyday, with more than a massive 700sq m of under roof living on a 1ha block. It even has its own squash court.Mr Armstrong said they initially had the house for sale by private treaty but decided to change to an auction after they received interest from both owner occupiers and developers. And a sauna, to, ya’know, wind down after your game of squash.He said he was expecting a number of registered bidders on the day and had a hunch an owner occupier might outbid a developer at the end of the day, although with an auction you can never be sure.“A couple of people want to live there and run a business out of it,” he said.“Most of them want to keep it in its current style and potentially do some cosmetic work internally.”The house will go to auction this Saturday, March 16 at 2pm.Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:44Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:44 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p288p288p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenHow to bid at auction for your dream home? 01:45last_img read more

Somalia Inks Jeddah Amendment on Illicit Maritime Activity

first_imgSomalia has become the 14th signatory to the Jeddah Amendment to the Djibouti Code of Conduct – the instrument developed and adopted by countries in the Western Indian Ocean and Gulf of Aden in an effort to repress piracy and armed robbery against ships operating in the region.Mariam Aweis, Minister of Marine Transport and Ports, Federal Government of Somalia, deposited the instrument with IMO Secretary-General Kitack Lim at IMO Headquarters in London on December 1.The amendment was adopted at a meeting in Jeddah, Saudi Arabia, in January 2017, significantly broadening the scope of the Djibouti Code.It covers measures for suppressing a range of illicit activities, including piracy, arms trafficking, trafficking in narcotics, illegal trade in wildlife, illegal oil bunkering, crude oil theft, human trafficking, human smuggling, and illegal dumping of toxic waste.In addition to Somalia, singatories to the revised code include Comoros, Djibouti, Ethiopia, Jordan, Kenya, Madagascar, Maldives, Mozambique, Saudi Arabia, Seychelles, United Arab Emirates, United Republic of Tanzania and Yemen.last_img read more

Nauticor Extends LNG Supply Network for Ships to Rotterdam Port

first_imgHamburg-based supplier of LNG Nauticor has extended its LNG supply network for ships within the North Sea region by including the Port of Rotterdam. The company has been awarded the contract for a bunker operation in Rotterdam for the first time.The first bunker operation by Nauticor in the port saw the containership Wes Amelie receive the chilled fuel. In 2017, Wes Amelie became the world’s first boxship retrofitted to LNG.In total, the vessel received six truck loads, which is equal to 120 tons of LNG, during the bunker operation that took place on February 20, 2018. As informed, Nauticor is currently in charge of organizing LNG supply for Wes Amelie, which is chartered to Unifeeder A/S and operates as a feeder vessel between Rotterdam and ports in the Baltic Sea region, throughout Germany, and to the Dutch Port of Moerdijk.„We are continuously working on optimizing the LNG supply for ships and feel well-prepared for more bunker operations at this location. Another important milestone for the development of the LNG supply infrastructure in North & Baltic Seas will be our new LNG bunker vessel, which will be put into operation before the end of this year,“ Sonja Neßhöver, Director of the LNG Portfolio of Nauticor, commented.During its first bunker operation in the Port of Rotterdam, Nauticor set a new record for the speed of a bunker operation with an unloading rate of up to 40 tons of LNG per hour. To achieve this, the Nauticor team used its bunkering technique where two LNG trucks are unloaded simultaneously.last_img read more

Nisshin Shipping Boosts Ultramax Order at Nantong Xiangyu

first_imgJapanese shipowner Nisshin Shipping has reportedly ordered six Ultramax dry bulkers at Nantong Xiangyu Shipbuilding and Offshore Engineering.The order includes options for three more 63,500 dwt newbuildings, according to the data from Asiasis.The value of the deal has not been disclosed, however, the firm ships from the order are said to be scheduled for delivery in 2020.The Chinese shipbuilder is already building ten Ultramaxes for Nisshin, with four newbuildings scheduled for completion next year and six more following suit in 2020.The latest bulker newbuildings are being added to the company’s 40-strong bulker newbuilding tally spread across South Korean, Japanese and Chinese shipbuilders, data from VesselsValue shows. Nisshin also has 10 tankers on order.World Maritime News Stafflast_img read more

Subsea 7 Confirms Woodside Hat-Trick

first_imgSubsea 7 has confirmed the award of three contracts by Woodside since December 2018. Each contract is for engineering studies and includes an option for Woodside to proceed to the execute phase with an engineering, procurement, construction and installation (EPCI) contract.The contracts are for:SNE Field Development-Phase 1, offshore Senegal;Scarborough Project, offshore Australia;Julimar Development Phase 2, offshore Australia.The awarded work is for engineering activities required to finalise the technical definition of the proposed developments prior to Woodside and its joint venture partners making final investment decisions (FID), which Woodside is targeting for between mid-2019 and early 2020 depending on the project.The value of the EPCI contracts will be recognised after FID, following exercise of the relevant option. Assuming FID is reached on all three projects, they would in aggregate be equivalent to over $750 million project award for Subsea 7.The Julimar field is located approximately 200km offshore North West Australia. The full scope of work will be to design, procure, install and commission a 22km 18” Corrosion Resistant Alloy (CRA) gas transmission flowline and an umbilical system. The Julimar project was awarded to Subsea 7 as a stand-alone SURF contract and will be led from Subsea 7’s Perth office, with support from other Subsea 7 offices.The SNE and Scarborough projects were awarded to Subsea Integration Alliance, a partnership between Subsea 7 and OneSubsea, with integrated SPS (subsea production systems) and SURF (subsea umbilicals, risers and flowlines) project teams.SNE is a deepwater oil field discovery located offshore, 100 km south of Dakar, Senegal. The proposed development scope includes up to 23 wells with in excess of 90km of rigid pipelines featuring Subsea 7’s Swagelining pipeline and BuBi pipeline technologies. The SNE subsea integrated project will be led from Subsea 7’s London office, with support from other Subsea 7 and OneSubsea offices.The Scarborough Field is located approximately 380km offshore North West Australia. Subject to FID by the Scarborough joint venture, the full integrated project scope of work would include the engineering, procurement, construction and installation of subsea rigid pipelines, flexible risers, umbilicals and associated infrastructure. The Scarborough integrated project will be led from OneSubsea’s Perth office, with support from other Subsea 7 and OneSubsea offices.All three projects will be executed using reeled pipelay and heavy construction vessels from Subsea 7’s fleet with offshore campaigns scheduled between 2021 and 2023.Andy Woolgar, vice president Australia and New Zealand for Subsea 7, said: “These awards build on our relationship with Woodside and our successful track record of projects executed offshore Australia. They highlight the engineering expertise and strength of our business and our local workforce to perform integrated projects from pre-FEED to execution as well as standalone projects.”Gilles Lafaye, vice president Africa for Subsea 7, said: “The award of the SNE FEED contract by Woodside to Subsea Integration Alliance reflects our expertise in integrated projects and we look forward to strengthening our relationship with Woodside. Senegal is an exciting new market for Subsea 7 and we are pleased to support the local oil and gas industry. We look forward to building a long-term and mutually beneficial partnership with Woodside on this project and in future developments.”last_img read more

Qatargas puts McDermott in charge of expansion of North Field facilities

first_imgMcDermott International has been awarded a large contract by Qatargas for engineering, procurement, construction and installation (EPCI) for expansion of the North Field offshore facilities in Qatar.Derrick Barge 50; Source: McDermottMcDermott said on Friday that the value of the contract is between $50 million and $250 million. The contract for new facilities includes the full suite of EPCI services for eight new offshore jackets.McDermott plans to use its project management and engineering teams in Doha, Qatar, with fabrication primarily taking place at McDermott’s facilities in Batam, Indonesia.Vessels Derrick Barge 50 and Derrick Barge 27 from McDermott’s global fleet are scheduled to undertake the installation and completions work.The work is expected to begin immediately and will be booked into McDermott’s second quarter 2019 backlog.​​The North Field lies off the north-east shore of the Qatar peninsula and covers an area of more than 6,000 square kilometers, equivalent to about half the land area of the State of Qatar.​​The development of this major natural resource has been a significant factor in Qatar’s economic growth. The gas produced from this giant field is processed to produce LNG, GTL, NGL, and other gas-related industries, in addition to pipeline gas for export.​​It is worth mentioning that, early last week, Qatar Petroleum awarded a number of contracts related to Qatar’s LNG expansion project designed to enhance its capabilities by increasing LNG production capacity from 77 to 110 million tons per year by 2024.The contracts were announced by Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs and President & CEO of Qatar Petroleum, in a speech at the 19th International Conference & Exhibition on Liquefied Natural Gas in Shanghai (LNG2019).He announced awarding the fabrication and installation of the offshore jackets to McDermott; and the contract for early site works required to prepare the site of the four new 8 mtpa LNG mega-trains in Ras Laffan Industrial City to a joint venture between Consolidated Contractors Company (CCC) and Teyseer Trading and Contracting Company.Spotted a typo? Have something more to add to the story? Maybe a nice photo? Contact our editorial team via email. Offshore Energy Today, established in 2010, is read by over 10,000 industry professionals daily. We had nearly 9 million page views in 2018, with 2.4 million new users. This makes us one of the world’s most attractive online platforms in the space of offshore oil and gas and allows our partners to get maximum exposure for their online campaigns. If you’re interested in showcasing your company, product or technology on Offshore Energy Today contact our marketing manager Mirza Duran for advertising options.last_img read more