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Inner south market tipped to rise in 2018

first_imgThis home at 7 Black St, Yeerongpilly, is on the market for offers over $789,000.WITH the inner south real estate market steaming ahead, one local agent is warning buyers to purchase in 2018 or regret it next year. LJ Hooker Annerley Yeronga principal Jane Elvin said the market in Brisbane’s south was “moving forward”.“Get in now and sit and hold is probably the best advice I can give, and I have been given,” she said. “If you don’t buy in 2018, you will be regretting it in 2019 when the prices have risen again.” According to the latest data from property research company CoreLogic, the median house price in the City South News catchment has risen as much as 15.5 per cent in the year to September. The top performing suburb was Yeerongpilly, followed by Kangaroo Point (15.1 per cent) and Woolloongabba (9.8 per cent). Ms Elvin said the lower end of the market in the area continued to perform well throughout 2017, with first homebuyers, investors and downsizers creating competition. She said buyers were predominantly families looking to be closer to schools and transport, while the area’s proximity to UQ and major hospitals also attracted workers and students. “Our challenge is having enough properties in this price range to meet demand,” she said. More from newsCrowd expected as mega estate goes under the hammer7 Aug 2020Hard work, resourcefulness and $17k bring old Ipswich home back to life20 Apr 2020Ms Elvin said she was also seeing more riverfront properties available in the higher end of the market. “This is slowing the market down a bit but this will change,” she said. “Renovated or newly-built family homes under the $2 million range always attract attention.“Buyers want to walk into a complete home and start living, so when these homes do enter the market they can sell quickly.” Ms Elvin said Yeronga was her pick for the suburb to watch. “It is always highly sought after, especially with families,” she said.“Yeerongpilly and Fairfield are a lot smaller pockets with less stock available, but again providing some premium real estate along the train line, with great access to many conveniences.” Ms Elvin said the lack of land available in the City South News catchment, combined with access to amenities, meant prices would continue to rise.“We are surrounded by some of the best transport systems in both train and bus, Fairfield Gardens is undergoing a major overhaul with Aldi and speciality shops, and Yeerongpilly Green is under construction, which will bring us a night life with restaurants, cafes and bars,” she said.“The Green Bridge connects us to UQ and we are moments from Queensland’s best schools, sporting grounds, hospitals and medical facilities.last_img read more

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The best suburbs to yield a good investment in Townsville

first_img Labor’s policies could deter Townsville Investors leaving renters to foot the bill Historic rate cut coming: Experts REIQ regional director Damien Keyes said while rental return is not the only way to make a profit from property investing, it is worth investors taking it into consideration when buying. “Rental yields always come into it, people want to make sure their capital is earning a dollar … They should also look at vacancy rates, where the biggest pool of potential tenants are going to come from, the age, condition, style of property, and also the potential for future capital gain,” Mr Keyes said. Townsville’s cheapest suburbs Damien Keyes, Keyes & CO Property. Picture: Shae Beplate.“Residentially anywhere around 5.5 and 7.5 per cent is a good gross rental yield, and there are a number of suburbs in Townsville that provide that.”More from news01:21Buyer demand explodes in Townsville’s 2019 flood-affected suburbs12 Sep 202001:21‘Giant surge’ in new home sales lifts Townsville property market10 Sep 2020Units in the region returned the best rates, with the top four rental yield suburbs reflecting returns on these property types.Nelly Bay yielded a staggering ten per cent, which is almost double the median average for Northern Queensland.Units in the suburb are selling for an average of $175,000, and being rented for $335 a week, making them a lucrative asset for investors.center_img This one-bedroom unit on Yates Street in Nelly Bay, sold in October last year for the suburbs median sale price of $175,000. Before that it was tenanted at $250 per week. Image: SuppliedDamien Keyes said the suburb’s high rental yield rate was likely a result of the areas strong rental demand. “Nelly Bay is where the ferry docks, and it’s where the terminal is — so I guess there’s a lot of short term accommodation sprinkled around that area … I’d suggest that would be behind it.”Belgian garden’s also had a high rental yield of 8.5 per cent last year, which is also well above the North Queenland median of 5.5 per cent for units. Garbutt was the third highest, returning 8.2 per cent, followed by Hermit Park with 7.2 per cent for units. Rasmussen was the next best suburb, which had the highest rental yield for houses in Townsville — it is also the cheapest suburb to buy a house in. Houses in Castle Hill were surprisingly doing the most poorly, with an average gross rental yield of only 3.10 per cent for last year. “The price point to buy in that area is quite high,” Mr Keyes said.“Houses on the hill are normally a million plus — so they’re not going to be returning as much, but investors will make a lot more capital.” This unit on Yates Street in Nelly Bay, sold in October last year for the suburbs median sale price of $175,000.CORELOGIC has revealed the Townsville suburbs with the highest rental yields — and it’s worth taking a look if you’re on the market for an investment property. The figures indicate the gross median for 2018, and are calculated based on the annualised median asking rent, divided by the median sale price.RELATED: MORE IN REAL ESTATE NEWSlast_img read more

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Buffon not assured of PSG spot

first_imgGianluigi Buffon may be a decorated great of the game but the veteran goalkeeper insists he is not guaranteed to be Paris Saint-Germain’s first choice.The 40-year-old ended his long affiliation with Juventus this summer by joining PSG on a one-year contract.Buffon is one of three well-credentialed options in a strong group of shot-stoppers that includes Alphonse Areola and Kevin Trapp, who were selected for the World Cup by France and Germany respectively. Article continues below Editors’ Picks Man Utd ready to spend big on Sancho and Haaland in January Who is Marcus Thuram? Lilian’s son who is top of the Bundesliga with Borussia Monchengladbach Brazil, beware! Messi and Argentina out for revenge after Copa controversy Best player in MLS? Zlatan wasn’t even the best player in LA! PSG boss Thomas Tuchel looks to have made his experienced new signing the frontrunner by starting him in International Champions Cup clashes with Bayern Munich and Arsenal.But with 3-1 and 5-1 defeats in those matches, and the looming return of last season’s incumbent Areola, Buffon is braced for a battle to be number one.”I haven’t spoken to anybody, but it’s important for me to say one thing: in my 24-year career, nobody has ever told me ‘you will be the main goalkeeper’,” he said at a media conference.”I believe that one has to train and put himself in the best condition to play when called.”And once again I am here to do my best when I am called by the coach, but also to help everybody improve. So I have two functions.”Buffon’s surprise switch to the Ligue 1 champions came in the wake of his decision to end a successful 17-year stay at Juventus.1 – Alphonse Areola  became the 1st player in France’s history to be World Champion  without playing a single minute with Les Bleus (0 cap). Crazy.#WorldCup pic.twitter.com/sY9hUUgJgY— OptaJean  (@OptaJean) July 19, 2018The World Cup-winning Italy icon says he has no regrets ahead of his first season outside Serie A.”I feel very well,” he said. “If I have chosen to continue playing and accept such a challenge it’s because I love challenges, I love to do well and I love finishing my job in the best possible way.”That’s the challenge that I liked the most and the only one that could keep me playing. And I want to win this challenge with everybody’s help. I could never do it alone.”last_img read more

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Huge Train Toy Show Coming To Wilmington On November 1718

first_imgWILMINGTON, MA — All aboard! Greenberg’s Great Train & Toy Show stops in Wilmington on Saturday, November 17, from 10am to 4pm, and Sunday, November 18, from 10am to 4pm at the Shriners Auditorium (99 Fordham Road).Greeberg’s Great Train & Toy Show is the largest and longest-running model train and collectible toy show in the country. The show is geared towards the general public and towards modelers and hobbyists, featuring hundreds of tables of trains and accessories for sale, huge operating exhibits, activities for kids, and more.The show features:Hundreds of Tables of Trains for SaleExhibitors from Across the CountryHuge Operating Model Train DisplaysFree Workshops and DemonstrationsRiding Train for Kids and AdultsInteractive Slot Car RacetrackModel Trains That Kids Can OperateFree Door Prize GiveawaysFree Test Track – Test Run Your Trains at the ShowPlus Much, Much More!Adult Admission is $10 Saturday or $9 Sunday. (On-site ticket sales are cash only.) Kids 11 and under are admitted FREE and do NOT need a ticket. Parking is FREE.Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email [email protected] this:TwitterFacebookLike this:Like Loading… RelatedSAVE THE DATE: Huge Train Show Coming To Shriners Auditorium On November 23-24In “Community”Huge Train & Toy Show Coming To Wilmington On March 23-24In “Community”Huge Train & Toy Show Coming To Wilmington On March 17-18In “Community”last_img read more

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BNP dissolves its Bogura unit committee

first_imgLogo of BNPAmid the party’s move to reorganise its grassroots, BNP on Saturday dissolved its Bogura district unit committee.A press release signed by party senior joint secretary general Ruhul Kabir Rizvi said a convening committee of the unit will be formed very soon.After a massive debacle in the 11th parliamentary elections, BNP started reorganising its district units and associate bodies to stage a comeback in politics.The party has already announced the full-fledged and convening committees of its different district units.Besides, the party formed the new committees of its different associate bodies, including Doctors’ Association of Bangladesh (DAB), Agriculturalists’ Association of Bangladesh (AAB), Jatiyatabadi Matsyajibi Dal, Mohila Dal and Tanti Dal.last_img read more

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Harveys Devastating Flooding Boosts Insurance in Texas

first_img Share Staff Sgt. Daniel J. Martinez, US Air National GuardThe City of Houston’s Housing and Community Development Department announced March 14, 2018, it is increasing part of its staff to focus on the post-Harvey recovery. This file photo shows a Houston neighborhood that the historic storm flooded in summer 2017.Little more than two months before Hurricane Harvey slammed the Gulf Coast of Texas, Alberto Castañeda let his home’s flood insurance lapse. He had never filed a claim on the policy in 10 years and he needed the extra cash to expand his restaurant business.Standing inside his suburban Houston home nearly a year later, Castañeda tallies the cost of the destructive floods to himself and his uninsured neighbors: one couple in their 70s let their home go into foreclosure; two people, overwhelmed by the difficulties of rebuilding, committed suicide; Castañeda, 52, ended up using nearly $135,000 from his business to cover repairs to his home that Harvey submerged under more than 2 feet (60 centimeters) of water.“It’s very devastating, especially if you don’t have the insurance. You feel like, ‘What am I going to do?’” Castañeda tearfully explains.Castañeda bought new flood insurance after Harvey, and many others in Texas have done the same. But data from states with a history of extreme weather suggests those numbers will eventually drop off, leaving residents once again vulnerable to flooding costs — a situation the Federal Emergency Management Agency says it’s working to avoid.Houston, in Harris County, suffered the brunt of Harvey when it pummeled Texas last August. Harvey dumped nearly 50 inches (130 centimeters) of rain on parts of the flood-prone city. The storm killed nearly 70 people, damaged more than 300,000 structures and caused an estimated $125 billion in damage.Harris County Judge Ed Emmett, the top elected county official, says more than 100,000 flooded homes in Harris County didn’t have flood insurance. According to FEMA, 80 percent of all households affected by Harvey weren’t covered for floods.An AP analysis found fewer than one in five properties in high-risk flood zones had coverage.Commercial properties also found themselves in trouble.“All of this was just a big lake,” says Woody Lesikar, the manager of West Houston Airport, pointing to the runway and around 80 hangars that Harvey submersed under up to 2 feet (60 centimeters) of water. The terminal was swamped and almost a dozen planes were totaled.He says the airport had never needed flood insurance in its more than 50-year history. A month after Harvey, the airport purchased a policy.According to FEMA, Texas experienced a more than 18 percent increase in flood insurance policies from July 2017 to the end of May, reversing a long-term declining trend. Harris County, including hardest-hit Houston, saw a near 23 percent jump, while neighboring Fort Bend County, where Castañeda lives, saw a 54 percent increase. The number of properties insured against floods in Houston alone increased by 18 percent, rocketing it past Miami as the city with the most flood insurance policies in the country.But experts warn the data doesn’t mean a permanent upswing.Residents tend to buy policies for a few years after big disasters then cancel because they feel the unused policy is an unnecessary expense, said Howard Kunreuther, co-director of the University of Pennsylvania’s Risk Management and Decision Processes Center.In Louisiana, after Hurricanes Katrina and Rita in 2005, the number of flood insurance policies jumped from 380,000 to 490,000 in one year. That fell to 450,000 but then climbed again after catastrophic flooding in Baton Rouge and Lafayette in 2016. Louisiana Commissioner of Insurance James Donelon warns this may not last.“Our experience over the past 10 years is that memories fade and people … put their greatest asset at risk of being lost in the next severe rain event,” Donelon says.The year after Superstorm Sandy in 2012, flood insurance policies increased by 2 percent in New Jersey and 12.5 percent in New York. But since the end of 2013, policies have dropped by 7.4 percent in New Jersey and 8 percent in New York.FEMA’s National Flood Insurance Program has come under criticism for not doing enough to persuade home and business owners to purchase coverage. Last year, the program announced its “moonshot goal” of doubling by 2022 the number of structures in the U.S. covered by flood insurance from 4 million to 8 million.FEMA says it has targeted areas identified using high-tech mapping tools that narrowly missed being flooded during Harvey for insurance advertising, resulting in increased coverage in Texas.“What we’re trying to drive is really a culture of preparedness,” said Paul Huang, the assistant administrator for federal insurance at FEMA.But that goal might be hard to attain. Policies nationally had been declining since 2009, and despite the bump in Texas since Harvey, coverage has continued to drop in most states, according to an AP analysis of FEMA data.Donelon says he doesn’t think the FEMA program will boost its numbers unless coverage is required on all federally backed mortgages. And he warns that congressional reauthorization of the program, which is saddled with $20 billion in debt, could result in higher premiums.Standing in his home, still without floors, cabinets or appliances, Castañeda hopes he can move back in by the end of July.“We’ve bought the insurance and whatever happens, happens in the future,” he says.last_img read more

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Study shows black bears able to count

first_imgBlack bear in the Canadian Rockies. Image: Wikipedia. This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. Explore further Study to monitor bears and hunters by GPS Journal information: Animal Behavior More information: Bears ‘count’ too: quantity estimation and comparison in black bears, Ursus americanus, Animal Behaviour, dx.doi.org/10.1016/j.anbehav.2012.05.001AbstractStudies of bear cognition are notably missing from the comparative record despite bears’ large relative brain size and interesting status as generalist carnivores facing complex foraging challenges, but lacking complex social structures. We investigated the numerical abilities of three American black bears, Ursus Americanus, by presenting discrimination tasks on a touch-screen computer. One bear chose the larger of two arrays of dot stimuli, while two bears chose the smaller array of dots. On some trials, the relative number of dots was congruent with the relative total area of the two arrays. On other trials, number of dots was incongruent with area. All of the bears were above chance on trials of both types with static dots. Despite encountering greater difficulty with dots that moved within the arrays, one bear was able to discriminate numerically larger arrays of moving dots, and a subset of moving dots from within the larger array, even when area and number were incongruent. Thus, although the bears used area as a cue to guide their responses, they were also able to use number as a cue. The pattern of performance was similar to that found previously with monkeys, and suggests that bears may also show other forms of sophisticated quantitative abilities. , Animal Behaviour (Phys.org) — Most people who have worked with black bears tend to believe the animals are pretty smart compared to say dogs or cats; others who have seen them in action, e.g. riding a unicycle in a circus, tend to agree. But, oddly enough, very little actual research has been done to find out just where black bears sit on the animal kingdom’s brainiac scale. Now a pair of researchers in the US has decided to change that by testing some captive black bears to see how they measure up against other animals in discerning the difference in the numbers of things. They have written a paper describing their findings and have had it published in the journal Animal Behavior. The experiment they devised was very simple. Two black bears were trained to look at two groups of dots and to indicate which group they thought had fewer dots. Another bear was trained to do the opposite, i.e. indicate which he thought had more dots. As it turned out, all three bears were remarkably good at “counting” the number of dots in each group, comparing them, and then responding in a way that indicated they understood which group of dots had more and which less.So good were the bears at picking out which group was which, the team described them as equivalent in ability to non-human primates; not bad for an animal that is pretty much a loner. Prior to testing the bears, most researchers had concluded that the ability to count was something that developed among animals that formed social groups of one kind or another. Other than when they are young and still being raised by their mothers, bears tend to hang out alone. Thus, a rethinking of how or why animals brains develop the ability to count or at least recognize which group of something has more or less, will have to be done.To make sure the bears were really on target, the team changed the size of the dots, and the amount of space in which they were surrounded, ensuring that they weren’t just guessing based on the overall physical size of the group. After several such changes, the researchers became convinced that the only way to pick the right group as often as the bears did, was to count the dots. For the bear faced with choosing which group had more dots, the dots were even sent into motion, which for some reason, appeared to make the bear even more accurate.It’s not likely that the bears are actually counting the dots, and in fact, the research team itself doesn’t seem convinced, using quotes to indicate that describing what the bears are able to do as counting might be a big of a stretch. Most researchers would be more likely to describe it as an advanced comparison ability. Citation: Study shows black bears able to “count” (2012, June 18) retrieved 18 August 2019 from https://phys.org/news/2012-06-black.html © 2012 Phys.Orglast_img read more

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Haryana pavilion nurtures local talent

first_imgHaryana Governor Kaptan Singh Solanki visited the Haryana Pavilion set up in the ongoing India International Trade Fair 2015 at Pragati Maidan in the national Capital. The Governor viewed in the products produced in the industrial units set up by women entrepreneurs.Speaking on the occasion, the Governor said, “Haryana Pavilion has been decorated as per the theme of ‘Make in India’. The progress of Haryana has been made explicit through the decoration. Also Read – ‘Playing Jojo was emotionally exhausting’While looking at the stall of ‘Skill Development’, he added “This would provide employment opportunities to the youth of the state. He said that skill development should also be propagated and publicised in the rural regions of the state so that rural people could also be benefitted through it.”The talking dustbin  equipped with sensors displayed by the students of Manav Rachna University Faridabad also attracted attention. The Governor highly appreciated the foot wears  of Jhajjar and artificial jewelry displayed by women belonging to Gurgaon and Faridabad.Prof Solanki also over viewed the food products displayed by Haryana Dairy Development Co-Operative Federation , Vita and HAFED. Secretary of the Governor Neelam P Kasni, Resident Commissioner and Chief Administrator of Haryana Trade Fair Authority Anand Mohan Sharan, Administrator of Haryana Trade Fair Authority Shyamal Misra and various other dignitaries were present.last_img read more

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Win two tickets to Hong Kong with new Cathay Pacific contest

first_img Posted by Thursday, August 31, 2017 Win two tickets to Hong Kong with new Cathay Pacific contest Share Tags: Cathay Pacific, Contests, Hong Kongcenter_img << Previous PostNext Post >> Travelweek Group VANCOUVER — Cathay Pacific is inviting travel agency partners to enter its ‘Travel Like a Local’ contest for a chance to win two tickets to Hong Kong.The contest runs until Sept. 4. Agents are invited to answer a few questions to determine their traveller type. “Whether you’re a Foodie, a Wellness Warrior, a Five Star Traveller or a Culture Sponge, Cathay Pacific has curated a travel guide to make a Hong Kong stay perfectly suited to your interests,” says the airline. All contest entries have a chance to win two Premium Economy Class tickets roundtrip from Toronto or Vancouver to Hong Kong.As part of the contest Cathay Pacific is offering in-depth insider destination guides, tailored to traveller type. Recommendations include: tiny, locals’ favourite Tsim Chai Keen noodle house, with their legendary king prawn wonton noodles (Foodie); Carrot Walnut French Toast at Grassroots Pantry, aInstagram-perfect plant-based restaurant (Wellness Warrior); staying at J Plus by YOO – Hong Kong’s first boutique hotel (Culture Sponge); or sailing Victoria Harbour in a hand-build wooden junk boat with a cocktail in hand (Five Star Traveller).More news:  Direct Travel names Smith as Senior VP, Leisure Marketing, North AmericaFor more details see cathaypacific.jebbit.com.last_img read more

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