Enquiries from interstate buyers looking to move to Queensland on the rise

first_imgThe Palmer family made the move from Sydney last year, and will soon build their dream waterfront home at Stockland’s Newport precinct.A new waterfront home near Brisbane or a one-bedroom “house” on the 25th floor of an apartment building in Sydney?It was a “no brainer” for the Palmer family, who relocated back to the Sunshine Statelast year.For half the price of a shack down south, the family-of-five will build their castle 35km north of Brisbane. And they are not alone in making the move north.Recent data shows that interstate migration to Queensland more than doubled between June 2014 and June 2016, reaching 11,581.And sky high house prices were among the leading reasons why, with Sydney ranked as the second least affordable city in the world earlier this year.Brisbane came in at number 18, according to US-based consultancy Demographia.Housing affordability and financial planning expert Robert Snell, who lives in Sydney, said there was little doubt buyers got more bang for their buck in Brisbane.But he said the biggest issue was the widening gap between median wages and house prices, with Sydney increasingly out of reach for the average Aussie.“That’s why I think you will continue to see that migration north,” he said.“Quality of life due to housing inequality, in my opinion, is a real risk.”But Sydney’s loss could be Brisbane’s gain, at least in the short term.Mr Snell sees Brisbane offering a huge opportunity for younger people to get a foothold in the market.RPS Brisbane regional technical director for economics Mark Wallace said the median house price in Sydney was “effectively half” that of Brisbane, and interstate migration had reached its highest point since the 2002 to 2004 period, when Queensland recorded its largest ever influx from interstate.“We still have a long way to go to get back up there (2002-04 figures) but I would say we are very much at the start of the cycle,”he said.“Back then our response was reactive so we really need to ensure we are ready for another population increase and that we learn lessons from Sydney.”Position Property director Richard Lawrence said his agency was already seeing huge demand from interstate markets.“We are seeing a lot of people, particularly from Sydney, buying within 10km of Brisbane CBD,” he said.“They are moving for work but lifestyle and affordability are big factors, with many reclaiming up to 15 hours of their life by cutting commute times.”Mr Lawrence said the trend had “really ramped up” in the last 12 to 18 months, with interstate movers happy to relocate for a lower paycheck as it was often offset by lower cost of living.Stockland’s Queensland residential communities general manager Kingsley Andrew said they were also receiving a steady increase in homebuyer inquiries from interstate.“This trend is becoming evident in all of our key corridors, including the Sunshine Coast, northern Moreton Bay region, western Brisbane corridor and on the northern Gold Coast,” he said.So what can $1.1 million – a rough estimate of the cost of a house and land package with waterfront views at Newport – get you within 40kms of Sydney? Not much.You could get a one bedroom, one bathroom “house” on the 25th floor of an inner-city apartment complex for $1.18 million.For $1.18 million you could get this one bedroom ‘house’ on the 25th floor of an apartment complex in the Sydney CBD.Or you may be lucky enough to get a two-bedroom cottage in Balmain for around $1.1 million at auction, or a Surry Hills terrace with “courtyard” (above).Or invite the whole family around for a barbecue at this $1.1 million Surry Hills house.Mr Wallace said it was “not a case of if but when” the great southern migration would return to Queensland.“When this growth does happen, the big question is how do we ensure we have enough housing and infrastructure, maintain affordability and avoid too many negative impacts on the existing community,” he said.In its latest quarterly business outlook, Deloitte said “good news is building in Queensland”.“The big fall in project construction has now stopped, Sydney housing prices are sending refugees north of the Tweed, gas output is set to soar, and numbers of students and tourists flocking here haven’t (or haven’t yet) taken damage from the frisky Aussie dollar.”***CASE STUDY: The Palmer FamilyNewport, Redcliffe, developed by Stockland.More from newsParks and wildlife the new lust-haves post coronavirus1 day agoNoosa’s best beachfront penthouse is about to hit the market1 day agoWHEN the Palmer family began the search for their new home, the decision was an easy one.A $2 million cramped and rundown pad in Sydney or a spacious new waterfront home on the Redcliffe Peninsula.“It was a no brainer, really,” Adam Palmer, a chief information officer for a transport firm, said.Mr Palmer, his wife Peta, a senior accountant for a major insurer, and their three boys, Louis, 5, Benson, 3, and Wil, six months, moved back to Queensland last year, after spending six years in Sydney.They were able to move back in to their Scarborough home, but were keen to finally make their waterfront dream come true.That search found them at Stockland’s $590 million Newport community.“We wanted somewhere that was still close to family and friends but like somewhere you would happily go on holidays,” Mr Palmer said.“And I had always wanted a lakeside home and now that will be a reality.”Mr Palmer said the boys loved the water, and enjoyed fishing, swimming and collecting shells.“But I already have my eye on a boat,” he laughed.The family has purchased a 450sq m block overlooking what will be a 23 hectare non-tidal lake with access to an existing canal.They are currently working with builders and designers on their new home and hope to start construction mid-2018.“Our dream home will be a two-storey open planned house that looks out over a pool and the lake,” Mr Palmer said.“There will be a floating 40sq m deck over the water and a 17m jetty connected to that with a 15m cruiser hopefully moored there.“And there will be heaps of family and friends enjoying the entertaining spaces. That’s the dream.”It is a long way from the cramped apartment the family-of-five shared in Sydney.Stockland regional manager David Laner said they had seen strong early demand from potential buyers interest in Newport’s exclusive lakefront land.He said that popularity came on the back of significant interest in the developer’s other offering, canal blocks in the Quay precinct.“A total of 26 direct waterfront lots have already been snapped up at Newport, together with another 27 waterside lots in the Quay at Newport precinct,” he said.“Overall, we have sold almost 450 lots since launching last year.”Mr Laner said construction of the first lakeside lots had commenced, with completion expected in the second half of 2018.THE BASICSQUAY AT NEWPORTDeveloper: StocklandPrice: From $641,900Location: Sales centre on the corner of Griffith and Boardman Rdslast_img read more

B’ville boys track ties for team title at Arcaro Classic

first_imgMerely 48 hours after they had a league championship showdown, the track and field teams from Baldwinsville and Cicero-North Syracuse reunited at the Bees’ annual John Arcaro Classic.Not content to just host, B’ville’s boys team would earn 70 points to tie Fairport for top honors, just ahead of C-NS’s total of 63 points as, on the girls side, the Northstars had 69 points, second to Fayetteville-Manlius (87) as the Bees were third with 59 points.Sam Kellner won for the B’ville boys in the 400-meter hurdles, tearing to a time of 58.68 seconds to edge Fairport’s Mason Kozody (58.80), while Michael Lawrence was victorious in the 400-meter dash in 52.69 seconds. C-NS had Nathan Poirier win the 3,000-meter steeplechase in 10:02.21, more than 16 seconds ahead of the field. Andrew Culver was victorious in the shot put, his throw of 46’3” more than three feet farther than any other competitor.Also, the Northstars’ 4×800 relay team of R.J. Davis, Lucas Sharron, Tyler Murray and Christian Carlin prevailed in 8:36.64 to edge Westhill (8:38.03), with B’ville in fifth place. Davis was sixth and Matt LeClair seventh in the mile.Sam Nessel, in 53.60 seconds, was second to Lawrence in the 400 sprint, with Adron Pafford fourth in 54.08 seconds. Isaiah Wright was third in the 110 hurdles in 16.41 seconds and third in the long jump, going 20’ ½”,, with Carlton Garnes sixth in the 110 hurdles. Evan Breitbeck was fifth in the 800.B’ville’s girls team had Karen Ekure win two sprints, going 12.70 seconds to top the field in the 100 and then, in the 200-meter dash, going 26.08 seconds to beat out Spencerport’s Emily Sugar (26.32).The Bees’ Justus Holden-Betts went 7:08.19 in the 2,000-meter steeplechase to grab second place, with Vivian Holden-Betts fifth in 7:52.45. Jenna Wallace threw the discus 88’2” to finish second as Ella Smith cleared 8’6” in the pole vault to take fourth place.C-NS had Liliana Klemanski win the girls high jump, clearing 5’3” to edge Corcoran’s Kiari Hameed (5’2”) as Lilly Capria was fourth with 5 feet. Klemanski also finished fifth in the 100 hurdles, just ahead of B’ville’s Allyson Surowick in sixth place.Brooke Blaisdell’s long jump of 16’4” left her second to Hameed’s 17 feet. Also, the Northstars’ 4×800 relay side get second place in 10:10.25, adding a third in the 4×400 in 4:13.52.Savannah Kuhr was second in the 400 hurdles in 1:10.06. Sarah Davis got third place in the 800 in 2:26.81, with Abbee Norris fifth, while Marissa Navarra was fourth in the 3,000-meter run. Capria (32’1 ½”) edged Julianna Hutt (32’ ¾”) for fourth place in the triple jump.Liverpool had some athletes at the Arcaro meet, including Jenna Schulz, who in the 1,500-meter run tore to a time of 4:38.28, but still trailed her F-M rival, Claire Walters, who won in 4:34.96. C-NS’s Allison Newton was sixth.The Warriors did win the 4×100, though, having the quartet of Havne Hicks, Anne Gullo, Riley  Norris and Marissa Baskin tear to a time of 50.82 seconds, more than a full second ahead of the field as B’ville was third in 52.50. Madyson Oliveri finished fifth in the shot put.But many other Liverpool stars made the trip last weekend to the Loucks Games at White Plains High School, where they competed against top talent from across the state.On the girls side, Madison Neuner was superb in the 2,000-meter steeplechase, her time of 6:54.84 only topped by Tully’s Brooke Rauber, who won in 6:48.43.Nathan Reeves made it to third place in the boys mile, tearing to a time of 4:18.19, not far from the winning 4:15.38 from Bronxville’s Matt Rizzo, while Spencer Ruediger broke two minutes in the 800, finishing in 1:59.34 ahead of Cameron O’Connell (2:01.81).Gabby McCarthy was 14th in the steeplechase in 7:48.35 and Emily Neuner posted 7:58.40. Windsor Ardner ran the 800 in 2:15.87 to take 15th place, while Imahni Sinclair was 14th in the shot put and discus.Nick Brancato ran to seventh place in the boys 3,000 steeplechase in 10:01.99, with Jake McGowan 12th in 10:10.27. Jacob Barnes had a ninth-place discus throw of 136’11” ahead of Antwan Kelly’s 128’8”.Share this:FacebookTwitterLinkedInRedditComment on this Story The Bees also won the 4×400 relay as Lawrence, paired with Nick Kruger, Connor McManus and Connor Waldron, went 3:34.77 to hold off Fairport (3:35.33) at the line, with C-NS fourth in 3:42.05. B’ville took third place in the 4×100 relay in 46.97 seconds.Mike Letizia, in 11.53 seconds, was second to Spencerport’s Khalize Beaman (11.44) in the 100-meter dash, while Steven Miller had a discus throw of 121 feet which put him in second place.Kruger had a fourth-place triple jump of 40 feet 2 inches. John Arvantides finished fifth in the 3,200-meter run, with Jon Formoza sixth in the 800-meter run. Aidan Priest was fifth in the pole vault, clearing 11 feet.center_img Tags: BaldwinsvilleC-NSliverpooltrack and fieldlast_img read more