Gold Coast land values: Carrara and Bundall increase the most in residential land value

first_imgRay White Surfers Paradise Group director Andrew Bell said the results confirmed the property market was on the up.He predicted suburbs surrounding Bundall and Carrara to benefit from their increased land values.More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North10 hours ago02:37International architect Desmond Brooks selling luxury beach villa1 day ago“When property values go up in one location it means a lot of people can’t afford to buy there so they look for the next adjoining area so you get this cascading effect,” he said.REIQ Gold Coast zone chairman John Newlands predicted northern NSW buyers to look towards Coolangatta for affordability and said there was more growth predicted on the northern Gold Coast.“Nerang has always been a marketplace that’s had a median price and while I don’t predict it to change dramatically it will enjoy the growth,” Mr Newlands said.“The northern corridor including Hope Island and Coomera is also something to watch.” “Land values have generally increased since the last valuation, with some significant increases in some market sectors and localities,” Queensland’s valuer-general Neil Bray said.“Some localities such as Carrara reflected moderate increases in median value due to its central location with the median value of residential land in Carrara increasing from $270,000 to $325,000.”While no Gold Coast suburbs declined in land value, Coolangatta, Pacific Pines and South Stradbroke recorded no change. Carrara and Bundall have recorded the biggest increases in land valuation.Property valuation and advisory business Heron Todd Gold Coast director Tod Gillespie said while the valuations confirmed the property market on the Gold Coast had strengthened, they did not reflect market value.“There is still some disparity between market value and government site value and if you could buy land at some of the sites valued there would be a rush of buyers,” he said.“As an example Palm Beach is valued at $570,000. “Agents would be rushed with inquiry as cottages that are being knocked down there are going for above $700,000.”“Everyone knows the market has gone up and this is just confirmation.”Ray White Surfers Paradise Group director Andrew Bell shared a similar view.“It’s just further evidence that property values here are rising,” Mr Bell said.“It’s such a great statement for the city at large.” REIQ Gold Coast zone chairman John Newlands said the Coast’s “boom and bust” reputation was starting to diminish with the expansion of other industries. Picture Glenn HampsonOther suburbs Mr Newlands tipped included Burleigh Heads, Palm Beach and Tugun.He also said the Coast’s “boom and bust” reputation was starting to diminish with the expansion of other industries.“What happens on the Coast is the professionals go to major cities for jobs and we lose a lot of talent,” he said.“We are starting to see other industries apart from tourism and construction firing in their own capacity — film making, the medical and education industries are giving the Coast more depth and with the depth comes more jobs.” WINNERS Carrara, 20.4 per centBundall, 19.6 per centPalm Beach, 16.3 per centTallebudgera, 15.7 per centClear Island Waters, 15.1 per cent LOSERS Coolangatta, zero per centPacific Pines, zero per centSouth Stradbroke, zero per centBilinga, 1.8 per centOxenford, 2.3 per cent The Valuer-General’s 2017 Property Market Movement report shows the median price for residential land on the Gold Coast increased by 8.5 per cent over the past year to $320,000.LAND valuations have surged by 20 per cent in Carrara and Bundall off the back of a booming housing market.Property experts tip the effects to flow north to Hope Island, south to Coolangatta and across the M1 to Nerang with all three suburbs predicted to increase in land value over the next year.The Valuer-General’s 2017 Property Market Movement report shows the median price for residential land on the Gold Coast increased by 8.5 per cent over the past year to $320,000. SEE THE SUBURB-BY-SUBURB INTERATIVE MAP HERE last_img read more

Liverpool stun Everton with freak goal as Arsenal overpower Spurs

first_imgLondon, United Kingdom | AFP | Liverpool stayed hot on the heels of Manchester City on Sunday after a bizarre late winner against Everton as Arsenal issued a powerful statement of intent on Sunday’s Premier League derby day.Jurgen Klopp’s unbeaten side looked set to drop a precious two points in their dogged pursuit of City but they benefited from a bizarre error from Everton goalkeeper Jordan Pickford to win 1-0 and continue their Anfield hex over their city rivals.Unai Emery’s Arsenal are now 19 matches unbeaten in all competitions after their thrilling 4-2 victory against Tottenham at the Emirates lifted them to fourth in the Premier League, above fierce rivals Spurs on goal difference.Chelsea recovered from the disappointment of losing their first match of the Premier League season to Spurs last week to beat Fulham 2-0 to climb to third in the table.Liverpool started the Merseyside derby determined to salvage some pride after their midweek defeat to Paris Saint-Germain left their Champions League hopes in the balance.There were chances for both teams in an entertaining encounter but the match appeared to be heading for a goalless stalemate as the seconds ticked away.? Pure derby day joy.Unmissable #LIVEVE highlights and full game replay are now available on @LFCTV GO ?— Liverpool FC (@LFC) December 3, 2018But then out of nowhere, England’s Pickford made a terrible error, mishandling a high ball that appeared to be heading over his bar and spilling it into the path of substitute Divock Origi. The Belgium forward had the simple task of heading into the empty net to spark scenes of ecstasy at Anfield, with Klopp racing onto the pitch to celebrate.“I have to apologise because I didn’t want to be disrespectful but I couldn’t stop myself. It just happened,” Klopp told Sky Sports.“The game was with unbelievable intensity. Both teams had chances. Both goalkeepers had outstanding performances. In the end it was a very weird goal. I can’t imagine the disappointment of Everton. But we got it and we will take it. It is a brilliant night.”– Arsenal guts –Earlier, Pierre-Emerick Aubameyang’s penalty gave Arsenal an early lead in the north London derby before Eric Dier’s header and a Harry Kane spot-kick handed Tottenham the lead at half-time at the Emirates Stadium.But Aubameyang’s superb long-range equaliser sparked a second half surge from the Gunners. Alexandre Lacazette came off the bench to put Arsenal ahead and Lucas Torreira sealed the points with his first goal for the club.Up the Reds.? pic.twitter.com/jQClDSZmiq— Liverpool FC (@LFC) December 2, 2018Capping a miserable day for Jan Vertonghen, the Tottenham defender was sent off in the closing stages after earlier giving away Arsenal’s penalty.“It is a very big match for our confidence. Now we have to continue our process,” Emery said. “It is a very big victory. We give this to our supporters because it’s a very special match against Tottenham.”Share on: WhatsApp Pages: 1 2last_img read more

English players charge in pursuit of Finland’s Kerttu

first_imgCaption: top Jess Baker, below Kerttu Hiltunen (copyright Leaderboard Photography). Tags: Girls, Lyme Regis, U16 8 Aug 2018 English players charge in pursuit of Finland’s Kerttu center_img Finland’s Kerttu Hiltunen holds a three-shot lead at the halfway stage of the English U16 girls’ championship at Lyme Regis Golf Club – but English players are staging a strong charge to catch her.It’s led by Northumberland’s Jess Baker (Gosforth Park Ladies) who shot her best ever round today of three-under 71 to move into second place. It made her five-under for the championship and after holing out in a torrential downpour she came off the course wreathed in smiles.“I went into this round just wanting to post a solid score and stay up at the top,” said Baker, who was fourth overnight. “It’s really nice to get my name up there.”“I tried to make as many pars and birdies as I could and my short game was where I scored,” she said. She started as she wanted and was two-under after the fifth, where she had the bonus of unexpectedly holing a difficult putt.Two shots further back is Rafiah Banday (Royal Mid Surrey) who was a little disappointed to leave the course with a level par score.“I was doing quite well until I doubled the 15th, which I eagled yesterday, and then bogeyed the next,” she said. However, the strong winds made the 16th a very tough proposition and Banday came quickly back with an 18th hole birdie and then played her back nine – holes one to nine – in level par.Ellie Gower continued the English push with her one-under 73, which makes her level par at the halfway stage. Her round included an eagle on the seventh where she holed out from 25ft.“It was tricky in the wind yesterday and it was harder today but I managed to keep it in play and keep out of trouble,” said the 15-year-old, who lives in France, where her parents have a nine-hole golf course.Her father is a professional but his efforts to interest her in golf failed until he took her to the Lacoste French ladies open four years ago and one of the players gave her a golf ball. She also met English Tour player Ellie Givens and has caddied for her in the event ever since. “That kicked it off,” she said.Behind her, there’s three more English girls: Daisy Kennedy (Stoke Park) on one-over, Hannah Golding (Brocton Hall) who was round in one-under today and is tied on two-over with Rosie Belsham (Whitley Bay).However, Hiltunen is setting a great pace and would love to win this title. She’s bringing good form into this event, having won the U16 Hazards Salver at last week’s English U18 girls’ championship.She opened her campaign at Lyme Regis with a first round of six-under 68 and followed up with today’s 72. She made the perfect start with an eagle three on her first hole, the 10th, but had a set back with a double bogey on the 14th. However she responded straight away with a birdie and played steadily for the rest of the round.In the U14 girls’ championship, which is being played simultaneously, Harriet Lockley of Wales leads on two over. A shot behind is Italy’s Francesca Fiorellini, while a group on level par includes defending champion Charlotte Cannatteo.The field in both championships was cut today to 33 players in the U16s and 28 in the U14s. The U16s will play 36 holes tomorrow while the U14s will play 18 holes.last_img read more