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…
Cost of land rises by as much as $120,000 in a year
The cost of land has jumped by as much as $120,000 in a year – up 21.2 per cent in one area where it now costs as much as the median home did just two years ago. Brisbane led the charge after rising 8.7 per cent in the September quarter, pushing the median price of…
Why rate cuts aren’t bad news for mortgage funds
With interest rates at a decade-high and the RBA signalling potential rate cuts sometime next year, the current yields on mortgage funds present an attractive opportunity. Mortgage funds have gained traction as higher interest rates have made lending to the commercial real estate sector increasingly attractive. This shift has occurred while traditional property investments such…
CFMG Capital has moved to a new office!
The team at CFMG Capital have moved to a brand new office located at 138 Mary Street in the Brisbane CBD. The new two level office has been fitted out to accommodate the CFMG Capital team upstairs and opportunities for smaller businesses to lease offices on the lower level. The new office consists of: A…
Fourteen additional homesites released at Arbourwood
An additional 14 homesites were released for sale on Saturday 26th October at Arbourwood in Morayfield, north of Brisbane. The release of these lots in Stage 1 was brought forward to keep up with high demand for land due to the previous stages selling faster than expected. With prices starting from $389,000, the release generated…
Home prices hit new peaks across half of the country
Home prices are rising despite higher interest rates and an increase in listings on the market. They are now at their peak in half the regions in our country. According to PropTrack’s June Home Price Index, national home prices are now 10% higher than their December 2022 low and 7% higher over the past year, following…
CFMG Capital Q&A Event: Thursday 24th October
This is your invitation to attend the upcoming CFMG Capital Q&A event online on Thursday 24th October 2024. Our guest speaker is Mark McCrindle, a social researcher, best-selling author, influential thought leader and TEDx speaker. The topic for this Q&A event is Demographic and Social Trends Transforming the Future of the Property Market. Only occasionally…
Housing is Australia’s multi-billion dollar money maker – if you’re selling
Australia’s housing market is creating wealth like never before. Here’s stocktake of how things are going. The money-making machine In the past 10 years (June 2014 to June 2024), the total value of our residential dwellings has risen from $5.1 trillion to $10.9 trillion (+$5.78 trillion). Since June 2020 alone, the value of our dwellings…
CFMG Capital Launches Capital Raise for Rochedale Land Project
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.…