Five in demand Brisbane suburbs

first_img312 Manly Road, Manly WestSAVVY investors might want to look away from the inner city and towards the outer suburbs for strong property growth according to research from LocationScore.com.au.The property research site crunched the numbers across Brisbane’s suburbs and found that demand was strongest in a number of outer suburbs in 2017.Director of research Jeremy Sheppard said the company examined eight key indicators for demand over 12 months to find what suburbs were likely to grow. The top five high performing suburbs were within 10 to 20 kilometres from the CBD, eschewing conventional wisdom that closer to the city was better for price growth. “The reason that there is an increase in demand could be to do with infrastructure or it could be affordability,” Mr Sheppard said. “People could be priced out of the rest of the city so you can find that these affordable suburbs are getting a lot more interest.”To measure demand he included data such as days on market and vendor discounts, as well as less obvious measures like the numbers of online views on property websites like realestate.com.au.Across Brisbane units in Alexandra Hills, Manly West, Carseldine and Sunnybank Hills scored highly in demand. These units at Dorville Road in Carseldine could be set for an increase in value.This high demand for units in these suburbs was in stark contrast to the oversupply of units in the inner city, where oversupply and high vacancy rates have continued to cause a headache for investors. More from newsNew apartments released at idyllic retirement community Samford Grove Presented by Parks and wildlife the new lust-haves post coronavirus21 hours agoKenmore Hills in Brisbane’s southwest was the only suburb where demand for houses made the top five.Manly West’s unit market scored the highest of the five with a demand score of 74 out of 100. Bruce McIntyre at Ray White Coorparoo said the strong demand for units in Many West was mainly being driven by owner occupiers rather than investors. “A lot of young families are moving in,” Mr McIntyre said. Before buying up in the in these suburbs Mr Sheppard recommended potential investors check to see if many new housing developments were likely to be approved.“The last thing you want to do is invest in a market that is great right now that might have an oversupply in a few years,” he said.Brisbane’s most in demand suburbs.Manly West, Units, Location Score 74/100Sunnybank Hills, Units, Location Score 70/100Alexandra Hills, Units, Location Score 69/100Carseldine, Units, Location Score 69/100Kenmore Hills, Houses, Location Score 66/100last_img read more

Iran makes first arrests over downed airliner

first_imgTEHRAN – Iran announced Tuesday itsfirst arrests over the accidental shooting down of a Ukrainian passenger jet,as protesters vented their anger over the catastrophic blunder for a fourthconsecutive day. Nearly two weeks after the US killed atop Iranian commander in Iraq, tensions with the West increased further as EUcountries on Tuesday launched an arbitration process charging Tehran withfailing to observe commitments in the 2015 nuclear deal, prompting Iran to warnof unspecified “consequences”. Iranian students gather for a demonstration over the downing of a Ukrainian airliner at Tehran University on Tuesday, in a fourth day of protests in the capital. AFPcenter_img The Ukraine International Airlines planewas brought down by a missile shortly after takeoff on Wednesday, killing all176 passengers and crew on board. (AFP)last_img read more

Johnson hits unbeaten 106 against Red Force

first_imgGUYANA Jaguars, led by a superb unbeaten century from their skipper Leon Johnson and 84 from opener Tagenarine Chanderpaul, ended day one in a position of command against Trinidad and Tobago Red Force in their fourth round clash in the Regional four-day championship.Winning the toss and batting first in the day/night match at the Brian Lara Stadium , the Guyanese batsmen reached an impressive 245 for 2 at the close of play last night.After losing opener Chanderpaul Hemraj for 22 with the score at 33, Johnson joined Chanderpaul and the two left-handers put together an impressive second wicket partnership of 174 , before Chanderpaul was dismissed for 84.But Johnson was still there at the close, unbeaten on 106, which has so far come off 220 balls. His not out partner is Vishaul Singh on 22.last_img read more

Lenister see off Ulster to secure Grand Final spot

first_imgThe four-time winners produced their best performance of the season as tries from Isa Nacewa Jamie Heaslip and Sean Cronin helped them to a comprehensive win – despite a brace of tries from Ulster’s Craig Gilroy.So Leinster now awaits the winners of this evening’s semi-final at the Sportsground, where Connacht will once-again play host to the Glasgow Warriors.Pat Lam’s men beat Glasgow just two weeks ago to secure home advantage and former Ireland Captain Brian O’Driscoll says that it’s hard to know which team will have improved more in the intervening period.last_img read more