Queensland fund manager CFMG Capital has launched a capital raising to fund development of a $26 million residential community on a newly-acquired 3.37ha site at Rochedale, south of Brisbane. The latest offering, the 19th via the company’s CFMG Land and Opportunity Fund, has set a target return of 9.55% (net of all fees) with a…
Sovereign Estates Construction Update
Lots at Sovereign Estates in Rochedale are now registered and ready to build on. Settlements on the sold lots will occur in the coming weeks with new home constructions to follow soon after. There are a few premium blocks available for sale in this boutique development, don’t miss your opportunity to call Sovereign Estates home.…
Mallee Grove Construction Update
CFMG Residential Communities is excited to advise that clearing is now underway at Mallee Grove in Jimboomba. The development sold out quickly following the launch of the community last year. We are looking forward to seeing Mallee Grove take shape as construction progresses over the coming months.
House Profits Hit Decade High
Australia’s house and unit profit sale prices have hit 16 and 13-year highs, respectively, underpinning the strength of the residential sector as a ‘wealth-building avenue’. According to Domain’s Profit and Loss Report, 96 per cent of houses and almost 91 per cent of units were resold for a profit last financial year, with regional Australia…
Unlocking money-making opportunities in private credit?
Private credit is having a ‘Goldilocks’ moment, with higher-for-longer interest rates driving double-digit returns. Once an overlooked investment class, Australia’s private credit market has exploded in recent years and is on track to reach $200 billion of assets under management, growing at a compound growth rate of 23% p.a. EY estimated private credit assets under…
Sovereign Estates Construction Update
We are busy putting the final touches at Sovereign Estates, contact us now if you’d like to secure one of the few final lots before they are gone forever.
Private credit or direct property investment: Which is better?
The decision between investing in private credit and direct property hinges on several factors, each catering to different investment strategies and risk tolerances. Here, Andrew Thomson (pictured above), general manager of property investment service CFMG Capital, enumerates the differences between the two options. Direct property investment, Thomson explained, involves purchasing real estate with a…
Here’s how much you need to earn to afford a mid-range home in your capital city
National figures show the cost of buying a home is going up. A new report from property data tracker CoreLogic shows the median dwelling values in Australia increased a further 0.7 per cent in June. Across the past financial year, dwelling values grew by 8 per cent. How much is the median home price for each…
CFMG Capital Q&A Event: Thursday 18th July
This is your invitation to attend the upcoming CFMG Capital Q&A event online on Thursday 18th July 2024. Our guest speaker is David Koch, otherwise known as ‘Kochie’. The topic for this Q&A event is Key Investment Themes across Property, Shares and the Economy. David will discuss today’s financial landscape with an opportunity to ask questions…
Sovereign Estates Construction Update
Construction at Sovereign Estates in Rochedale is progressing well with the install of asphalt now complete. Landscaping is commencing next week.