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Market heats up as tenants get competitive for rentals

TENANTS competing to secure a rental property in Knox have been offering to pay more than the advertised price. Agents report that prospective tenants have been increasingly offering­ to pay above the advertised price as more people move into the area and demand places pressure on supply. The heightened competition has also pushed up rents….Read More→

TENANTS competing to secure a rental property in Knox have been offering to pay more than the advertised price.

tenants get competitive for rentalsAgents report that prospective tenants have been increasingly offering­ to pay above the advertised price as more people move into the area and demand places pressure on supply.

The heightened competition has also pushed up rents.

Barry Plant Wantirna rental department manager Adele Clausen said people moving to the area to take advantage of its proximity to schools, shops and public transport were increasingly having to pay more.

Her agency had increased rents for all rental properties by about $5 to $10 each year for the past five years. The agency received many inquiries for rental listings across all Knox suburbs, with properties typically leased within one to three weeks of being advertised.

Although much more marginal, rent increases tended to mirror growth in sales prices, she said.

“It doesn’t go up significantly like sales prices,” she said.

But when sales prices increased it was common for some people to turn their attention towards leasing rather than buying.

“When retail prices go up we have more people moving to the rental side of things,” she said.

Ms Clausen said her agency leased a four-bedroom home at 13 Quixley Grove, Wantirna, within a week of it being advertised.

The property was listed for $520 a week and received 11 applications from prospective tenants. First National property manager Daniella Korosa said her agency found Rowville properties were getting particularly good rental returns­.

Tenants were generally willing to pay more for newer properties, she said.

No particular type of dwelling was more in demand than others, as tenants came from a range of backgrounds and had different requirements, Ms Korosa said.

Young families, retirees and university students sought to rent in Knox, with properties usually leased long term.

The age, type of dwelling and how it was presented were the key factors in determining rents, more than a property’s suburb, she said.

http://www.heraldsun.com.au/realestate/renting/market-heats-up-as-tenants-get-competitive-for-rentals/story-fni0c89g-1226978142320

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Infrastructure

Moreton Bay Rail Line shared pedestrian & cycle path

The State Government has been called upon to open a sharedMoreton Investor pedestrian and cycle path to make-up for the major signalling delays on the new Moreton Bay Rail Line.

“We are hoping they will open the shared pathway so the people can … use something that should already be open,” Mango Hill Progress Assoc President Laurence Christie said.
“It would go some way to relieving the disappointment,” he said.
A spokeswoman for Transport Minister Stirling Hinchliffe said: “The minister has ­requested the Department of Transport and Main Roads investigate opportunities to open the bikeway in advance of the rail line opening.”
Residents in Mango Hill, and North Lakes said they wanted to use the pathway to cycle to Petrie Station and to access the schools on the line.
 
Original article published at www.couriermail.com.au by Jamie-Leigh Mason, North Lakes Times 4/6/16

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Local Issues

Brisbane's new state-of-the-art private cancer centre

Northlakes, north of Brisbane is now home to Australia’s first private integrated cancer centre

 

moreton investorThe Icon Integrated Cancer Centre combines a 15-chair day hospital, two radiation therapy units and an on-site pharmacy.
The doors were opened to the centre at North Lakes, between Brisbane’s CBD and the Sunshine Coast, yesterday.
All treatments, including haematological, chemotherapy, radiation or a combination, are delivered on the site.
Icon Group chief executive Mark Middleton said the centre had the capacity to deliver treatments to 15,000 patients per year.
“From the start, the patient and their needs are first,” he said.
“The integrated centre approach means we are working as one team, supporting the patient and the result is a comprehensive service delivered by familiar faces who understand the individual needs of their patients.”
North Lakes is the first of three integrated centres operated by the Icon Group, a private specialised cancer care organisation.
The group plans to open another in Melbourne in mid-June 2017 and a third in Canberra, expected to open in late 2017.
 
Original article published at  www.couriermail.com.au  by Amelia Broadstock, North Lakes Times 27/5/16

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Local Issues

North Lakes and Mango Hill Police Station has its first female acting officer-in-charge

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NORTH Lakes/Mango Hill Police Station has its first ­female police officer leading the station, since it opened in 2009.
Senior Sergeant Kate Pausina joined the North Lakes crew last week as acting officer-in-charge after an ­impressive resume in the blue uniform.
Since she was sworn in to the service in 1999, Sen-Sgt Pausina has spent time in juvenile justice, child sex ­offences, Coroner’s Office, intelligence and strategy, road safety and, most recently, acting officer-in-charge at Albany Creek Police Station.
“I always wanted to join the police, but my mum wouldn’t let me,” Sen-Sgt said. “So, instead, I studied nursing and was a registered nurse for four years before I decided to do what I really wanted to.”
Sen-Sgt Pausina said her mum was unhappy at first but had since become her biggest ­supporter, along with her police officer husband and their two children.

Sen-Sgt Pausina last year completed her Masters of ­Suicidology – the prevention of suicide.

“That is something I am ­really passionate about,” she said.

“In the Coroner’s ­Office, you see the number of suicides is three times the number of road fatalities. And it is a preventable death.”

Sen-Sgt Pausina said she fondly remembered her first stint at the Pine ­Rivers Police District. She was based at ­Petrie from 2000 to 2003, and ­visited Mango Hill. “Mango Hill was just that – bushland and mango trees,” she said.
“There is a lot coming up in this area – major ­shopping developments, major infrastructure like the rail and, with that, a lot more people visiting the area.”
 
Originally Published On: http://www.couriermail.com.au/

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