CABOOLTURE West has the potential to become the next Parramatta or Dandenong, according to one of the country’s top demographers.
Professional services firm KPMG demographer Bernard Salt has called for the region to become a jobs hub to strengthen the area and prevent traffic carnage from commuters trying to muscle their way into Brisbane’s CBD.
Mr Salt was in favour of the Caboolture West plan, which he said would be “a next-generation North Lakes” and kept the “Australian dream” alive.
And he used Parramatta in Sydney’s West and Dandenong on the edge of Melbourne as case studies for success. “I am hoping over the next 20 years, jobs will be decentralised outside of Brisbane,” he said.
“It won’t be the community of west Caboolture coming into the city.
“With the new university centre at Petrie, or Chermside, we can see stronger regional centres.
“The same way that Parramatta and Dandenong have strong regional job centres, rather than the model that has evolved of living on the edge of the Bruce Highway and fighting our way into the city.”
Mr Salt said growing digital industries could also ease gridlock, with more people able to work from home.
He has called for that way of thinking to be included into the masterplan for Caboolture West.
Mr Salt said the previous success of regions such as North Lakes and Caloundra West on the Sunshine Coast provided a template for Caboolture West to be even better. “It provides local jobs, it brings aspirational people to the area and young families,” he said.
A council spokesman said there were provisions in the plan for 17,000 fulltime jobs in the region, and provisions for a major district town centre, six local centres and 13 neighbourhood hubs.
“The plan also outlines six potential local centres within Caboolture West that will become key focal points and dedicated public transport hubs. It is expected the local centres will include offices, supermarkets, speciality stores, health, childcare and support services.”
Original article published at www.couriermail.com.au by Josh Alston, Caboolture Shire Herald 30/9/16
What’s within walking distance from Bide apartments
Nestled in the heart of Newstead, the 89 residence apartment tower has been designed as an urban getaway just 3 kilometres north-east of the Brisbane CBD
The latest inner-Brisbane apartment project by the local developer Dibcorp Properties is Bide, which is located in the heart of the upmarket riverfront suburb of Newstead.
The location of the 89-apartment development Bide, at 21 Longland Street, puts it just a stone’s throw from the Brisbane River, and the convenience of the Teneriffe Ferry Wharf which connects the suburb to the CBD.
Residents will have immediate access to Gasworks Plaza on the adjoining Skyring Terrace riverfront street, which is home to a Woolworths and a numb er of other stores, as well as restaurants, cafes and coffee shops like Ping Pong, Yolk and Campos Coffee.
On Longland Street there’s the popular eateries include Smoky Moo, The Defiant Duck, Drum Dining and the Milky Lane Newstead.
Cutting across Longland are a number of side streets like Stratton and Wyandra, which have a number of retailers and boutiques for residents to explore like a Think 24hr fitness, Smile Studio, and Brisbane Skin.
Designed in collaboration with architects from Twohill & James, Lat27 and Wiltshire Stevens Architecture.
Nestled in the heart of Newstead, the 89 residence apartment tower has been designed as an urban getaway just 3 kilometres north-east of the Brisbane CBD.
It is the latest part of the suburb’s transformation to an up-market residential suburb belying its industrial past. Timber yards, asbestos works, wharves and woolstores once dominated much of the predominantly commercial suburb, now one of the most sought-after apartment spots in Brisbane.
Bide is just a short distance away from Route 25 as well as the Teneriffe Ferry wharf and bus stations for those who choose public transit. As such it is right by the Brisbane river.
The proximity to schooling, as well the large three-bedroom apartments on offer, make Bide attractive for families. The nearby educational institutions include:
- Torrens University Australia – Satellite campus – 1.4km away
- University of Queensland – Satellite campus – 1.9km away
- Queensland University of Technology – Main campus – 3.3km away
- New Farm State School – Public School – 1 km away
- Music Industry College – Private School – 1.1km away
- Angelorum College – Private School – 1.1km away
Dibcorp has offered residents the opportunity to work hand in hand to tailor the layout, configuration and finishes of their apartment.
Apartments inside feature open-plan living and dining, a balcony space and a study nook in some apartments for working from home.
Inside, residents can enjoy 600 sqm of amenity across two levels, including barbeque facilities, private cabanas, landscaped areas and seated space throughout.
Article Source: www.urban.com.au
Developer Contributions ‘Inflating New House Prices’
Developer contributions are having an inflationary effect on housing affordability and impeding supply, according to new research.
The National Housing Finance and Investment Corporation’s (NHFIC) research report on developer contributions has found that the infrastructure charges are increasingly acting like a “tax on new housing”.
Developer contributions, or infrastructure charges, are levies charged by local and state governments to help pay for local infrastructure, focusing on water, drainage, footpaths, parks and community facilities.
NHFIC cites the unpredictability and opaque nature of infrastructure charges as a core issue in developers’ feasibility studies.
It also says often this charge becomes an on-cost for homebuyers or end-users, impacting housing affordability significantly.
According to NHFIC, developers have to factor in infrastructure charges at around 10 per cent of total development costs—but generally higher in New South Wales, and up to $85,000 per greenfield dwelling development in some areas.
Greenfield developer contributions (per lot)
|Region||Indicative cost||Developer contributions (% of total cost)|
^Source: Developer Contributions report, NHFIC
Housing Industry Association chief executive of industry policy Kristin Brookfield said development contribution schemes had become a significant hindrance.
“This is partially due to the large range of infrastructure now included and the gold-plated standards being sought by local and state governments,” Brookfield said.
“A conscious decision to shift the majority of the upfront costs on to new housing developments emerged in New South Wales almost two decades ago … Sydney is the most expensive [but] other states have taken the same approach and we are starting to see costs increase in most other states.”
Brookfield said the upfront charge was the least efficient way to recover infrastructure costs and was impacting the costs of new homes.
“The HIA would support further research to assess the unintended impacts of high and poorly functioning development contribution systems nationally and the implications these taxes are having on new homebuyers,” she said.
NHFIC said it was a “concern that the application, scope and administration of developer contributions is a relatively opaque area of public policy” and that there was little information available to compare states and territories.
An analysis of Sydney councils showed up to 88 per cent of all funds raised through developer contributions between 2017 and 2020 were earmarked for social infrastructure.
Around one-third, on average, was earmarked for essential infrastructure with a stronger nexus to new housing developments.
According to NHFIC, improved policy co-ordination and optimising risk to share cost arrangements between councils and developers would increase new housing supply.
Article Source: www.theurbandeveloper.com
Habitat Development Group set for 200 apartment St Clair Apartments in Birtinya on the Sunshine Coast
“We’ve been building on the Sunshine Coast for the past 16 years and this is the most buoyant market I’ve ever seen,” Habitat boss Cleighton Clark said.
The local Sunshine Coast developer Habitat Developments are set for a 200-apartment development on the Maroochy River.
Habitat, led by director Cleighton Clarke, has lodged plans with the Sunshine Coast Council for St Clair Apartments at 930 & 931 Birtinya Boulevard, located directly adjacent to Lake Kawana.
There will be 100 apartments in each eight-level building, made up of 46 two-beds, 119 three-bedroom apartments, making up 60 per cent of the development, and 35 four-bedroom and penthouse apartments.
Habitat Development Group managing director Cleighton Clark said they are excited about the project and look forward to Habitat playing its part in the growth and evolution of the Birtinya lakeside precinct.
“There’s already been some exciting momentum created by Stockland and other strong local developers,” Clark said, adding that the Birtinya precinct was awarded the 2020 National UDIA Award for Master-planned Development.
K Architecture designed the buildings which curve in sync with each other, and are separated by a walkway to the water.
Each building will rise eight levels from the ground, with a further two-levels of basement parking which will hav over 400 parking spaces.
“St Clair has a really elegant design and will capitalise on its prime waterfront location,” Clark said.
“This prime waterfront development promises stunning ocean views and across Lake Kawana to the east as well as committed green space to the west.”
There will be 13 apartments on each level, apartment from the ground floor which will have 12 and level eight which will have 10.
Some of the bigger penthouse-style apartments have over 50 sqm plus outdoor space, with a handful of courtyard apartments with over 90 sqm of gardens.
The ground floor homes the amenity, including a 25 metre swimming pool, communal dining room and a games and play lawn. The rooftop terrace will have seating and dining areas.
Habitat are hoping the project will start in mid to late 2022, and will be completed in Q1 2024, pending approval.
Habitat recently sold out their $83 million Maroochydore project Market Lane, and are set to launch another Maroochydore project, The Corso, next year.
Clark said his enthusiasm for the Sunshine Coast has been reinforced by the strong market interest in Habitat’s existing projects under construction which are all completely sold out.
“We’ve been building on the Sunshine Coast for the past 16 years and this is the most buoyant market I’ve ever seen,” Clark said.
“Rental vacancy rates have been low on the Sunshine Coast for a number of years, but vacancy is incredibly tight and we’ve witnessed very strong rental growth in the last year. Apartments are renting for 20% more than they were 12 months ago in projects we’ve completed and continue to manage.
“St Clair provides us another project to commence alongside some of our other exciting projects we’re planning in 2022.”
Article Source: www.urban.com.au
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