The property market bounced back in the first half of 2023, even as interest rates continued to rise. A deep dive into market activity over the past six months shows owner-occupiers are seeking affordability in city suburbs, while investors are chasing returns in our smaller capitals. Amid the turnaround in the property market, PropTrack data shows suburbs…
Farriers Creek Construction Update
Demolition is underway at Farriers Creek to remove the onsite dwellings. Once this activity is complete, earthworks construction can commence for the development.
Pumicestone Pocket Construction Update
The installation of kerb has commenced at Pumicestone Pocket with sewer, stormwater and retaining wall construction almost complete.
Birchwood II – New Investment Offer
CFMG Capital are excited to release the latest investment opportunity via the CFMG Land & Opportunity Fund, Birchwood II in Park Ridge. This 5.4 hectare site is ideally located in a prime development precinct within the highly sought after Logan growth corridor. The site will yield 86 residential lots and is a direct extension of…
Millwood Rise Construction Update
Construction is progressing well at Millwood Rise with the sewer construction close to completion and stormwater installation continuing. Roadworks construction has commenced and will be the main focus for the team onsite throughout July.
Pumicestone Pocket Construction Update
The construction at Pumicestone Pocket is making good progress with fine weather and an increase in resources on site moving the activity forward. The sewer construction and retaining walls are almost complete with the water main and roadworks construction now underway. Over 800 tonnes of gravel will be trucked onto site next week to commence…
Homesites at Mallee Grove are now selling
There has been significant interest in the initial launch of Mallee Grove and now you can secure your homesite within this boutique community. Land is selling from $285,000 Home and Land Packages are now selling from $612,320 Homesites range from 413m² – 490m² and there is a variety of home designs to choose from to…
Capital city house prices rise four times faster than last quarter as housing recovery gains momentum
Capital city house prices have risen almost four times faster in the June quarter than in the first three months of the year, a new report has found, producing the steepest gains since late 2021. Domain’s latest House Price Report, released on Thursday, revealed Australia’s housing market recovery has not only continued but gained momentum. The…
Property prices tipped to stage ‘full recovery’ in 2023-24
Property prices are expected to stage a full recovery from the 2022 downturn by the end of the next financial year. A new report by Domain has suggested that the country’s housing market will be in a “well-established, steady recovery” over the 2023–24 financial year. The Domain Forecast Report tipped that house prices in Sydney,…
When property prices could peak again if pace of growth continues
New analysis of the Australian property market has revealed national home prices could return to positive annual growth as early as next month, if the current growth trajectory continues. PropTrack’s latest Market Insight shows that if national home prices continue to grow at the same pace as they have during the past quarter, they could…