Latest news with #SEQ
Courier-Mail
2 days ago
- Business
- Courier-Mail
The surprise Brisbane suburb ranked best for lifestyle buying
One lone Brisbane suburb is holding its own against the Gold and Sunshine Coasts, being named among the best markets for lifestyle and growth in Southeast Queensland. The MCG Four-Pillar Lifestyle Index ranked four Gold Coast and five Sunshine Coast suburbs in the SEQ top 10, with Deagon, the only Brisbane suburb to make the list, coming in at eighth. The research, commissioned by MCG Quantity Surveyors using SuburbTrends data, analysed Australian markets using four key lifestyle factors of beach access, natural environment, urban amenities and family-friendliness, overlayed with long-run price metrics. MORE: Billionaire neighbour spat ends in mega sell-out Named: Two Aus banks drop rates to 4pc range The ten 'all-rounder' regions marry strong lifestyle appeal with some of Australia's most resilient price growth. MCG Quantity Surveyors director Mike Mortlock said the purpose of the research was to uncover the suburbs across Australia with the lifestyle offerings plus long-term growth potential. 'The markets that have proved to have more consistent growth have lifestyle components baked in,' he said. Deagon, with a median listing price of $650,000, made the cut for offering affordable property one suburb back from Moreton Bay and a 30-minute commute from the CBD. Jacqui McKeering of McKeering Real Estate said Deagon had long been 'a bit of a secret' in the Brisbane property market. 'No one really goes looking for Deagon – they discover it,' she said. MORE: Display home makes new owner $182k a year No longer affordable': Brisbane property boom hits the skids 'When people come to the bayside suburbs, they relate to Brighton, because so many nice seaside towns around the world are named Brighton.' 'Then they find Deagon and they can see the real benefits with the railway line there, good school catchments and proximity to private schools in the area.' 'What buyers also love is that it can be closer to the Sandgate city centre and the water than some parts of Sandgate.' Ms McKeering said Deagon was popular with families and downsizers, though first homebuyers were being priced out of the market as property values rose. 'It is much more affordable than its wealthier neighbours, including Shorncliffe and Sandgate, but still walking distance to all the lifestyle attractions,' she said. 'A lot of young families like Deagon because they can get more bang for buck. MORE: Revealed: Where Townsville buyers are flocking Buy the Outback Wrangler's house – get a pet croc 'There are lot of newer homes compared to Shorncliffe and Sandgate and a lot of lowsets that suit the downsizers. 'As an investment suburb, it does tick a lot of boxes as well.' Ms McKeering said Deagon had good opportunity for future development and price growth. 'Being close to the bay and public transport, you can see it going ahead,' she said. Mudgeeraba-Bonogin took out top spot thanks to its balance of acreage and city access plus its proximity to amenities, Burleigh Beach and Tallebudgera Creek. The report deemed the area to be in a mid-range price bracket with homes listed for $1.295m on average. Kahlee Townsend of Ray White Robina said she couldn't agree more with her patch of Mudgeeraba – Bonogin being named number one. 'I believe it's very undervalued for what you get,' she said. 'It has that mix of acreage and residential, proximity to transports and school, and you're 15 minutes to the beach, hospitals and shopping centres.' MORE: Aussie Lotto winner to spend $1.4m on her cat Shock price reveal for insane Aussie property 'There is an old school community feel, with new age accessibility.' Ms Townsend said post-Covid, buyers were gravitating more towards hinterland living in search of more land and simpler lives. 'Because of the volume of people moving to the Gold Coat, it's quite busy, so the hinterland is giving that slower paced, calming environment that a lot of people are really searching for,' she said. 'To get into beachside suburbs now, you need to compromise yet prices are going through the roof. 'Buyers want land. 'The need for dual living is becoming more and more apparent, with affordability and availability tightening. 'Acreage can offer that dual living set up, whether for extra income, elderly parents or helping children get into the market.' MORE NEWS: World bikini champion selling luxury Aus home Revealed: Aus trend helping buyers beat record house prices In second place was 'premium' priced Currumbin Valley – Tallebudgera ($1.62m) on the Gold Coast, for similar reasons to Mudgeeraba – Bonogin. This was followed by nearby 'affordable' Labrador ($785,000) for its proximity to employment opportunities, Griffith University, parklands and the coast. Representing the Sunshine Coast, Caloundra West – Baringa ($734,000) came in fourth, then Aroona – Currimundi ($872,000), Maroochydore – Kuluin ($1.085m) and Caloundra – Kings Beach ($799,000). Rounding out the top 10 were Biggera Waters ($728,000) on the Gold Coast and Peregian Springs ($1.353m) on the Sunshine Coast. In the nationwide Lifestyle Index looking at SA3 markets, two Queensland regions made the top 10. Townsville came in at No. 6 and Southport was ranked No. 9. Mr Mortlock said the Four-Pillar Lifestyle Index differed from the recent string of buyer's agents' reports swirling the internet. He said many of these reports were shortsighted, uncovering 'spreadsheet darlings': locations that looked good on paper but were not always sustainable places to own property over decades. 'These reports normally look at short-term, available data,' he said. 'This often gives a range of short-term predictors but they don't always indicate what a good long-term play will be.' 'And, given the high costs of transacting in real estate, that's usually what a property purchase is, whether it's a home or an investment. It's a very long-term play.' Mr Mortlock said the MCG report considered a range of metrics that had long-term, positive influences on property values, but were factors unlikely to be changed by short-term forces. 'We looked at factors that are always in demand,' he said. 'They're attributes that help markets outperform over the long haul. We know buyers will pay a premium to have them.' Features sought out by home seekers year after year included easy access to beaches, amenities, jobs hubs and top schools. 'All the pillars we looked at were attributes that real estate agents have historically highlighted as the most pertinent points for homebuyers,' Mr Mortlock said. The MCG Four-Pillar Lifestyle Index – SEQ Rank SA2 (suburb area) Median listing price Lifestyle score 1 Mudgeeraba – Bonogin $1,295,000 19 2 Currumbin Valley – Tallebudgera $1,620,000 21 3 Labrador $785,000 17 4 Caloundra West – Baringa $734,000 18 5 Aroona – Currimundi $872,000 18 6 Maroochydore – Kuluin $1,085,000 19 7 Caloundra – Kings Beach $799,000 18 8 Deagon $650,000 17 9 Biggera Waters $728,000 18 10 Peregian Springs $1,353,000 19 SOURCE: MCG Quantity Surveyors MORE REAL ESTATE NEWS
Sydney Morning Herald
26-05-2025
- Business
- Sydney Morning Herald
Brisbane news live: SEQ electricity prices to rise by up to 3.7 per cent
Go to latest SEQ electricity prices to rise by up to 3.7 per cent By Households will be hit with higher power bills from July 1 after the market regulator handed down its latest round of annual price setting. Price caps will rise for customers by between 0.5 per cent and 3.7 per cent in south-east Queensland, under a determination from the Australian Energy Regulator. South-east Queensland provider Energex is in the middle of the pack when it comes to annual bills. Loading The price spikes have been driven by higher costs in the electricity grid over the past year, which in turn were due to breakdowns at coal-fired power plants, elevated fossil fuel prices and rising costs for network infrastructure. Prime Minister Anthony Albanese is doubling down on his ambitious renewable energy plans, declaring it the cheapest new source of power, while the federal Coalition brawls over emissions targets and its commitment to build nuclear energy instead of wind and solar farms. Queensland's LNP government has put renewable energy projects under closer scrutiny, recently approving two wind farms but blocking another. Latest posts 7.22am Queensland Heritage Council responds to LNP's Olympic override By Sean Parnell The Queensland Heritage Council has urged the Crisafulli government to tread carefully in its plans for the Brisbane 2032 Olympic and Paralympic Games. Loading The government has moved to override heritage and other planning restrictions to deliver Games venues, including in Victoria Park where the environment department recently recommended a heritage listing be expanded. In a submission to a parliamentary committee inquiry into the planned override, Queensland Heritage Council chair Stuart Lummis urged the Games Independent Infrastructure and Coordination Authority engage experts. 'Delivering a world-class legacy from the Games does not have to occur through diminished heritage outcomes,' Lummis wrote. 'There are numerous examples in Queensland and elsewhere of large-scale development that has respectfully retained and integrated heritage places through design excellence and sensitive adaptation, while conserving their significance. 7.15am SEQ electricity prices to rise by up to 3.7 per cent By Mike Foley Households will be hit with higher power bills from July 1 after the market regulator handed down its latest round of annual price setting. Price caps will rise for customers by between 0.5 per cent and 3.7 per cent in south-east Queensland, under a determination from the Australian Energy Regulator. South-east Queensland provider Energex is in the middle of the pack when it comes to annual bills. Loading The price spikes have been driven by higher costs in the electricity grid over the past year, which in turn were due to breakdowns at coal-fired power plants, elevated fossil fuel prices and rising costs for network infrastructure. Prime Minister Anthony Albanese is doubling down on his ambitious renewable energy plans, declaring it the cheapest new source of power, while the federal Coalition brawls over emissions targets and its commitment to build nuclear energy instead of wind and solar farms. Queensland's LNP government has put renewable energy projects under closer scrutiny, recently approving two wind farms but blocking another. 7.07am The weather this week In what feels like unseasonal weather, the mercury is expected to reach almost 30 degrees in Brisbane today, on a cloudy Tuesday. From tomorrow, however, temperatures for the rest of the week will plunge back down into more typical late-Autumn territory. Here's a look at today's weather, and the seven days to come. 7.04am While you were sleeping Here's what's making news further afield this morning: Health Minister Mark Butler wants significant attention paid to discovering why the rate of informal votes has almost tripled in hospitals and aged care centres as it potentially affects the results of closely contested electorates. Australian oil and gas giant Woodside Energy has pointed to crippling blackouts that left millions without electricity across Europe last month as a 'forceful reminder' for the Albanese government to prioritise energy security alongside goals to switch to cleaner sources of power. Donald Trump has inflicted deep damage to three of the unique sources of American superpower, writes Peter Hartcher. 'And he's on the very brink of shattering a fourth.' A car has ploughed into a crowd of Liverpool fans during a parade celebrating their side's Premier League soccer title, and police arrested a 53-year-old British man. They were just play fighting. That was French President Emmanuel Macron's explanation for video images that showed his wife, Brigitte, pushing her husband away with both hands on his face before they disembarked from their plane. American surfer Griffin Colapinto has described a ride which included a spectacular aerial and earned a perfect 10 score at Margaret River as one of the 'most incredible moments of my life'. 6.31am The top stories this morning Good morning, and welcome to Brisbane Times' live news coverage for Tuesday, May 27. Today we can expect a partly cloudy day and a top temperature of 29 degrees. In this morning's local headlines: The Morningside School of Arts building has been brought back from the brink of ruin, but its trustees say it needs a large injection of funds if it's to survive past its 100th birthday in 2026. A Queensland-born businessman has been identified as the Australian accused of accepting a 1.7 kilogram haul of cocaine in Bali for a promised reward of just $4700.
The Age
26-05-2025
- Business
- The Age
Brisbane news live: SEQ electricity prices to rise by up to 3.7 per cent
Go to latest SEQ electricity prices to rise by up to 3.7 per cent By Households will be hit with higher power bills from July 1 after the market regulator handed down its latest round of annual price setting. Price caps will rise for customers by between 0.5 per cent and 3.7 per cent in south-east Queensland, under a determination from the Australian Energy Regulator. South-east Queensland provider Energex is in the middle of the pack when it comes to annual bills. Loading The price spikes have been driven by higher costs in the electricity grid over the past year, which in turn were due to breakdowns at coal-fired power plants, elevated fossil fuel prices and rising costs for network infrastructure. Prime Minister Anthony Albanese is doubling down on his ambitious renewable energy plans, declaring it the cheapest new source of power, while the federal Coalition brawls over emissions targets and its commitment to build nuclear energy instead of wind and solar farms. Queensland's LNP government has put renewable energy projects under closer scrutiny, recently approving two wind farms but blocking another. Latest posts 7.22am Queensland Heritage Council responds to LNP's Olympic override By Sean Parnell The Queensland Heritage Council has urged the Crisafulli government to tread carefully in its plans for the Brisbane 2032 Olympic and Paralympic Games. Loading The government has moved to override heritage and other planning restrictions to deliver Games venues, including in Victoria Park where the environment department recently recommended a heritage listing be expanded. In a submission to a parliamentary committee inquiry into the planned override, Queensland Heritage Council chair Stuart Lummis urged the Games Independent Infrastructure and Coordination Authority engage experts. 'Delivering a world-class legacy from the Games does not have to occur through diminished heritage outcomes,' Lummis wrote. 'There are numerous examples in Queensland and elsewhere of large-scale development that has respectfully retained and integrated heritage places through design excellence and sensitive adaptation, while conserving their significance. 7.15am SEQ electricity prices to rise by up to 3.7 per cent By Mike Foley Households will be hit with higher power bills from July 1 after the market regulator handed down its latest round of annual price setting. Price caps will rise for customers by between 0.5 per cent and 3.7 per cent in south-east Queensland, under a determination from the Australian Energy Regulator. South-east Queensland provider Energex is in the middle of the pack when it comes to annual bills. Loading The price spikes have been driven by higher costs in the electricity grid over the past year, which in turn were due to breakdowns at coal-fired power plants, elevated fossil fuel prices and rising costs for network infrastructure. Prime Minister Anthony Albanese is doubling down on his ambitious renewable energy plans, declaring it the cheapest new source of power, while the federal Coalition brawls over emissions targets and its commitment to build nuclear energy instead of wind and solar farms. Queensland's LNP government has put renewable energy projects under closer scrutiny, recently approving two wind farms but blocking another. 7.07am The weather this week In what feels like unseasonal weather, the mercury is expected to reach almost 30 degrees in Brisbane today, on a cloudy Tuesday. From tomorrow, however, temperatures for the rest of the week will plunge back down into more typical late-Autumn territory. Here's a look at today's weather, and the seven days to come. 7.04am While you were sleeping Here's what's making news further afield this morning: Health Minister Mark Butler wants significant attention paid to discovering why the rate of informal votes has almost tripled in hospitals and aged care centres as it potentially affects the results of closely contested electorates. Australian oil and gas giant Woodside Energy has pointed to crippling blackouts that left millions without electricity across Europe last month as a 'forceful reminder' for the Albanese government to prioritise energy security alongside goals to switch to cleaner sources of power. Donald Trump has inflicted deep damage to three of the unique sources of American superpower, writes Peter Hartcher. 'And he's on the very brink of shattering a fourth.' A car has ploughed into a crowd of Liverpool fans during a parade celebrating their side's Premier League soccer title, and police arrested a 53-year-old British man. They were just play fighting. That was French President Emmanuel Macron's explanation for video images that showed his wife, Brigitte, pushing her husband away with both hands on his face before they disembarked from their plane. American surfer Griffin Colapinto has described a ride which included a spectacular aerial and earned a perfect 10 score at Margaret River as one of the 'most incredible moments of my life'. 6.31am The top stories this morning Good morning, and welcome to Brisbane Times' live news coverage for Tuesday, May 27. Today we can expect a partly cloudy day and a top temperature of 29 degrees. In this morning's local headlines: The Morningside School of Arts building has been brought back from the brink of ruin, but its trustees say it needs a large injection of funds if it's to survive past its 100th birthday in 2026. A Queensland-born businessman has been identified as the Australian accused of accepting a 1.7 kilogram haul of cocaine in Bali for a promised reward of just $4700.
