Rural Gold Coast suburb’s median house price slashed in half

first_imgHe said there had also been less million-dollar property sales in the past year.“They’re out there, they’re just not currently on the market,” he said.Mr Valcic and colleague Melody Hu recently sold a chalet on Ruffles Rd for a bargain $191,000.“We had it for maybe three weeks and it was gone, probably because it was cheap and a good investment,” he said. MORE NEWS: Hot spots for kitchen fires Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:29Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:29 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenWays to get into the property market for less00:29 Willow Vale is known for its multimillion-dollar acreage properties.A HOUSING estate on Willow Vale’s northern boundary is dragging the suburb’s median price down.Latest CoreLogic data shows the rural suburb’s median house price has been slashed in half from $915,000 to $435,000 in the past year.It has also recorded the largest drop over the past three years after its median plummeted 48 per cent, behind Biggera Waters (24.8 per cent) and Coomera (18 per cent).But Ray White Nerang principal Clint Hynes said a handful of sales in a new housing estate on the boundary of Willow Vale and Pimpama had skewed the figures.“Development of the northern corridor is what’s going on,” he said.“Willow Vale now includes smaller house blocks off the M1.”He said the suburb’s boundary ran right through Hawthorn Estate, which had smaller houses and duplexes more commonly seen in Pimpama. “Everything in Willow Vale is acreage,” he said.More from news02:37International architect Desmond Brooks selling luxury beach villa10 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag1 day ago“It is one of the best kept secret suburbs on the Gold Coast.“It’s the most picturesque valley — it’s right up there with Tallebudgera Valley.”LJ Hooker Nerang Agent Kris Valcic said sluggish conditions earlier this year, which meant houses were spending more time on the market, contributed to the median house price’s decline. MORE NEWS: Estate’s sale price just short of recordlast_img read more

McConnell: Senate Will Consider Gun Background Checks

first_imgRepublican Senate Majority Leader Mitch McConnell says he wants Congress to consider new legislation expanding federal background checks, as well as other gun violence measures, when lawmakers return this fall. He added, “Background checks and red flags will probably lead the discussion.”McConnell told a Kentucky radio station that he and President Trump discussed several ideas, and that the President is “anxious to get an outcome and so am I.” However, McConnell does not plan to call senators back to Washington early to work on the issue.Meanwhile, more than 200 mayors are asking the Senate to return early from its recess in order to act on gun safety legislation following last weekend’s mass shootings in El Paso, Texas, and Dayton, Ohio, that left 31 people dead.A letter from the mayors to McConnell and the Democratic leader, Chuck Schumer, reads, “Our nation can no longer wait for our federal government to take the actions necessary to prevent people who should not have access to firearms from being able to purchase them.” They are urging the Senate to vote on two House-passed bills that would expand background checks for gun sales. The letter was signed by El Paso, Texas, Mayor Dee Margo, Dayton, Ohio, Mayor Nan Whaley and the mayors of other cities and towns where mass shootings have occurred, including Orlando and Parkland, Pittsburgh, Pennsylvania, and Annapolis, Maryland.GOP senators are also considering some changes to the existing federal background checks system that would be similar to the so-called “fix-NICS” law that was signed last year and improved the National Instant Criminal Background Check system. In addition, they are debating whether to strengthen penalties for hate crimes.However, Schumer told reporters this week, “We Democrats are not going to settle for half-measures so Republicans can feel better and try to push the issue of gun violence off to the side.”On the other hand, Democratic Senator Joe Manchin of West Virginia, who along with Republican Senator Pat Toomey of Pennsylvania, is pushing a bill to expand background checks, says, “At this point in time leadership comes from President Trump.”last_img read more

Dolphins QB Tua Tagovailoa #1

first_imgDolphins rookie quarterback Tua Tagovailoa is going with #1, on his new jersey.The Alabama quarterback will not be able to wear the #13 jersey he donned while playing for Alabama because the number 13 retired for former Dolphin QB Dan Marino. Dan Marino QB for the Miami Dolphin action during the super bowl XIX, against San Francisco at Palo Alto, California, on Jan. 20, 1985. (AP Photo)Tua says he doesn’t care what number he wears. The Fins selected Tagovailoa fifth overall in last month’s NFL Draft.last_img read more