Brisbane’s booming northern growth corridor will be home to a new $250 million master planned community after Queensland-based property group CFMG Capital completed the $50 million acquisition of 178.1 hectare development site at Stern Road, Bellmere. The site will be developed into a 720-lot master planned community called Ambury. About 30% of the total site (42.68ha) will…
Five years ago, the world changed – the global pandemic had dawned and economic tumult followed. Half a decade on, we look at how the Australian property market has emerged from that uncertain time. Five years is not necessarily a long time in property investing but the past half-decade provides a compelling counterargument to that…
Will home prices continue to grow in 2025? The Reserve Bank of Australia’s decision to pull the trigger on an interest-rate cut will ripple across the entire economy – with clear winner and losers. RBA governor Michele Bullock announced today that the cash rate would be trimmed by 0.25 per cent, pushing it down to…
The number of new loans for property investment declined last quarter, the first fall since the first quarter of 2023. However, data from the Australian Bureau of Statistics (ABS) revealed new home loans (excluding refinancing) rose for the third consecutive quarter. Across the December quarter 83,206 new home loans were approved, a 2.2 per cent…
Construction is progressing well on site at Arbourwood in Morayfield. This drone image shows the significant size of the site and how the road layout is now starting to take shape.
Construction at Mallee Grove in Jimboomba is progressing well with earthworks, retaining wall construction and sewer construction all underway. The attached photo was taken by the team who had a drone on site to capture the construction progress.
A February rate cut is looking more likely after the latest CPI data revealed a reduction in the trimmed mean CPI to 3.2 per cent, with three out of the four major banks tipping an imminent reduction is on the cards. Economists generally agree that the annual trimmed mean inflation of 3.2 per cent for…
Australia is about to experience a major shift in wealth. According to a report by JB Were, by 2034, an estimated $4.9 trillion will be passed down from baby boomers and their parents to the younger generations. Inheritances are expected to have reached $150 billion in 2024, more than double the amount in 2002. With…
Clearing at Mallee Grove in Jimboomba is now complete. Construction has commenced and is progressing well onsite.
Running an SMSF is not an easy thing to do. Not only does it require a decent level of commitment to look after the investments of the fund, the compliance and administration obligations imposed on trustees are significant and can in certain circumstances be quite onerous. And trustees cannot take any of these responsibilities lightly…
