Customer sentiment has been a strong focus in the media throughout July and CFMG Capital has been keeping a close eye on the varying reports.
A key insight from the Australian Financial Review on July 21 reported that the Commonwealth Bank’s latest household spending intentions index had risen by 6% in June following the Covid-19 restrictions in the months prior.
The construction of stage 1 at Elevate is now complete with landscaping providing the final touches to the stage. Check out the photo of the finished stage which is now ready for new homes to start construction.
Stage 1 is made up of 55 residential allotments and recently achieved title registration. This now triggers settlements valued at over $10million from 49 contracted lots.
This initial stage comprised of premium elevated allotments up to 515m2 in the highly sought after northern Gold Coast corridor, with local owner occupiers swooping on the opportunity to secure their land during construction. With buyers eager to complete settlement and commence construction…
‘Lachie’ started at CFMG Capital in February 2020 in the Customer Service part of the business, however, when an opportunity opened to take on an Assistant Development Manager role, he jumped at the chance!
Throughout 2019, CFMG Capital continued to deliver commentary surrounding the artificial serviceability flaw relating to retail home lending and its impact on the property markets suggesting the various rate cuts were of no value to potential home buyers without the required regulatory change, but rather just a welcome ‘leg up’ for existing mortgage holders.
Fueling the natural Australian family love affair with residential property and property investment, there are now strong reports that the governments flawed superannuation withdrawal scheme is being used to fund deposits as a first step onto the property ladder, or into a new property investment.
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With construction now having been completed for a few weeks now, buyers in Elevate Estate are eagerly awaiting registration of titles with Stage 1 now completely SOLD OUT. With its premium elevated position in a sought after area in the Gold Coast corridor and limited competition, Elevate Estate was perfectly positioned to meet the demand of local buyers eager to secure what is becoming a rarity in relatively generously sized parcels of vacant land to build their new homes.
During June, the registration of titles for Stage 1 of the Lomandra Park development were achieved, triggering just under $13m worth of settlement funds. Consisting of 41 lots, only 3 are remaining for sale, 17 are contract exchanged and 21 have already achieved land settlement – a very strong result for this boutique inner ring project.
Purchase from Middleton Park Estate to be in the draw! For more information register below or call 1800 962 172 • Exciting growth area just 30 minutes to Brisbane CBD • Wide range of lot sizes • Home designs from QLD’s leading builders • Home and land from $365K* • Offer ends September 30th PLUS…
Stage 1 of the boutique 110 residential community known as Lomandra Park has now achieved title registration. Comprising 41 premium sized lots just 12km from the Brisbane CBD in a sought after location, there are just 5 lots remaining for sale in Stage 1, with registration of titles set to trigger close to $15m worth of settlement revenue.
