Elevate at Ormeau Hills has proven to be a popular location to build a new home with 80% of the stage being snapped up by purchasers within 2 weeks of releasing the new land.
With the sell-out of State 1 occurring faster than expected, Stage 2 was brought forward to keep up with the demand for land at Elevate.
The CFMG Capital marketing and development team recently attended a Property Market Update webinar hosted by Realestate.com.au. The webinar included key insights from Cameron Kusher, REA’s Executive Manager for Economic Research, about the trends affecting the developer property market in Qld, and the outlook for 2021.
The impact of COVID has undeniably demanded attention, as it has kickstarted a new economic cycle and heralded in a bear market and global recession.
At Citi, our wealth management business works primarily with high-net-worth clients with a global outlook. This means our clients are attuned to world events, and seek defensive portfolio allocations that focus on wealth preservation.
CFMG Capital takes pride in being a business that not only talks the talk but also walks the walk when it comes to investing in what they believe in.
A recent article by Investor Daily, explored the importance of fund managers investing in the same risks as their customers, otherwise known as ‘co-investing’. Not only does this show the customer that the fund manager believes in what they are investing in, but it also shows the value the fund manager places on each dollar spent, investing it as if it was their own.
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.
Get up to $52K* in bonuses and grants to build your new home sooner There has never been a better time to buy than right now! Take advantage of the current bonuses and grants and get into your new home sooner. Hurry, limited timeframes and conditions apply to access the grants. Plus, you will want…
