ANZ Banking Group is loosening some of the clamps it put on interest-only mortgage lending in 2017, after pledging to reopen the door to property investors following a period of excessive caution. The big four lender on Thursday said it would again start offering customers an interest-only period of up to 10 years, up from…
Nearly-completed extension of Brisbane’s Circa Nundah Village already filling up
THREE Nundah Village is the final stage of the facility’s redevelopment and was designed by urban renewal specialists Property Solutions. The new nine-storey, 120-apartment building will be just eight kilometres from the Brisbane CBD. The one and two-bedroom apartments start at $381,000 and $482,800 respectively, with nearly 70 percent already sold due to high demand…
Brisbane’s strong prestige market secures spot on top 100 for first time
A strong performance in Brisbane’s prestige property market has seen the city shoot up the world rankings, overtaking Melbourne for price growth in the luxury home market. Knight Frank will today reveal that Brisbane, for the first time, has earned a spot in its Prime International Residential Index (PIRI 100), which tracks the movement of…
Leading Architect Designs House-Sized Apartments in Response to Demand for Larger Living Spaces
Maasra Apartments is a fine example of how developers are responding to changing residential landscapes, meeting demands for larger living spaces accompanied with retail and business environments. With construction to start this year on the $95m Maasra Apartments in Coorparoo, award-winning architectural firm HAL Architects is finalising the blueprints to incorporate the redesign of a…
Brisbane filling up with rental supply tightening: Pete Wargent
An interesting series of charts was posted by Simon Pressley of Propertyology, showing how a number of Brisbane construction hotspots have seen the rental supply tightening back into balance. Pressley showed tightening vacancy rates in Nundah (1.6%), Bulimba (2.8%), and Chermside (2.2%) as a few prime examples, while West End and Fortitude Valley were still…
Options on the Village
A nine-storey residential building is set to add 120 spacious one and two bedroom apartments to the award-winning Circa Nundah Village development at Nundah. With construction underway on the third and final stage of the $270 million Circa Nundah Village, the apartment building THREE Nundah Village is expected to be completed by the end of…