In my last editorial I informed you about the government’s intention to impose an additional 15 per cent tax on superannuants whose total super balance exceeds $3 million and I noted at the time there was a lot to unpack regarding the measure. Well this month I’ll attempt to unpack a little more to demonstrate…
Forget the hype – the number of active homebuyers remains high
Despite recent gloomy headlines about property market activity, new data shows the number of active homebuyers remains high – and they’re particularly eager to purchase in certain areas. Analysis by PropTrack of the search habits of potential buyers on realestate.com.au has shown there are plenty of suburbs where demand is elevated. And those pockets that…
All eyes on RBA as inflation dips below expectations
Expectations of a pause to the Reserve Bank’s monetary policy tightening cycles have been buoyed by a sharper than expected fall in annualised inflation. According to the Australian Bureau of Statistics’ (ABS) latest monthly consumer price index (CPI), annualised inflation fell for the second consecutive month to 6.8 per cent in February – below market…
Construction Update: Millwood Rise
Construction is progressing well at Millwood Rise with earthworks nearing completion. Stormwater and sewer installation are occuring within stage 3 first before moving into stage 2 of the development.
The Outlook Yandina – Investors Fully Redeemed
CFMG Capital are excited to reveal that we’ve just redeemed over $2.8M to our investors in The Outlook Yandina, and a number of those investors have elected to reinvest their returned investment funds into other CFMG Capital investment offers. We are pleased to have delivered on our commitment yet again and provided the targeted fixed…
Pumicestone Pocket I and II – Fully Subscribed
CFMG Capital’s recent investment opportunities, Pumicestone Pocket I & II, are now both fully subscribed earlier than expected. Pumicestone Pocket I, a boutique residential community located in Caboolture, north of Brisbane was released to existing CFMG Capital investors through a priority waiting list in mid-2022. The offer was fully subscribed at the end of 2022…
Home Construction Progress at Birchwood
We are excited to see the progress that is being made on home construction in Birchwood community. With many homes nearing completion Birchwood stage 2 will soon become home to many more families looking to make the most of the best Park Ridge has to offer. Birchwood is a beautiful community that is set amongst…
New Arbourwood Sales Office Now Open
CFMG Residential Communities is excited to announce the new Arbourwood Sales Office is now open. The sales office is open Saturday to Wednesday from 10 am to 4 pm and is located at 35-71 Anderson Road in Morayfield. Drop in for a visit to meet our sales team and find out more about land availability across…
Superannuation returns went backwards last year. Will they bounce back in 2023?
Australian super fund members have benefited from positive returns for years, but in 2022 our pool of retirement savings shrunk for the first time in more than a decade. For people approaching retirement like couple Jodie Morgan and Bruce Drummond, every year of super returns counts. “We’ve been in a position where we’ve been able…
CFMG Capital Rides Queensland Boom To Unlisted Property Investment Success
Queensland property group CFMG Capital continues to ride the success of Queensland’s residential land subdivision market, with the company maintaining its perfect record of returning 100% of investor capital at the targeted return in 2022. CFMG Capital General Manager Andrew Thomson said the return of capital over the last 12 months had maintained the company’s perfect…