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.…
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…
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…