Homeowners are looking to upgrade and this is what they really want

first_img78 Adina St, Norman Park. Picture: realestate.com.auMore from newsNew apartments released at idyllic retirement community Samford Grove Presented by Parks and wildlife the new lust-haves post coronavirus20 hours ago“We renovated it, we added a bedroom upstairs and a kitchen downstairs and made it a better floor plan,’’ Mrs Levine said.“We absolutely loved the property.“We are very fortunate we can upgrade a bit.’’The report also found that one of the biggest issues holding buyers back this year, was worrying about whether they could afford to upgrade, with nine in ten respondents saying this weighed on their mind. REA Group chief economist Nerida Conisbee, said buyers in Brisbane probably felt they could manage this a little more than those in southern capitals.“When you have a look at pricing in Brisbane, it is still reasonable and it is still quite affordable to get a big family home on a decent size block,’’ she said. “But it’s more of an issue (in Brisbane now) than it was ten years ago when prices were a lot cheaper and you could get something in a better suburb for a much cheaper price.’’ Buyers may be worried about what they could afford but REA Group home loans general manager Andrew Russell said it was not an impossible dream.It came as a surprise to many when they did the research that they could afford to borrow what was necessary to secure the home they wanted. The most important step was to find out exactly what they could borrow before they even started the house hunt.He said where many came unstuck was that they didn’t really have a good idea of what their current financial situation was.“The important thing is that the information that they are providing to get approved is an accurate reflection of their current financial position,’’ he said. “It is the little things that ad up over the course of the month,’’ he said. “Whether it is the smashed avocado, upsizing on meals or taxis, they are a big one, they add up. Those extra little luxuries that you don’t factor in when you are actually applying for the home loan, they do change your living expenses.’’ Plenty of people were investigating their mortgage options with realestate.com.au’s mortgage calculator chalking up more than 5.3 million engagements since it launched. The online tool enables users to stress test their financial capabilities and determine if they can afford their dream home. They can also get online to get loan approval with realestate.com.au home loans which offer a choice of 30 lenders including NAB. Tiffany Levine, with her sons Lewis, 3 and Ethan, 2. The family is buying a house with more land. Picture: Liam Kidston.FORGET media rooms or a butler’s pantry when Brisbane property owners upsize its land they are after.Property is still top of the wish list for 2018, with new research revealing 10 per cent of homeowners were keen to upsize this year and for many that meant a larger block.One in three Australians have set themselves a property goal to achieve this year, according to Galaxy Poll research for realestate.com.au.Despite a crack down on investment lending 8 per cent of those surveyed were still keen to secure an investment property while 7 per cent were keen to move to another area and 7 per cent were keen to buy a first home. The research found one of the biggest property goals this year, particularly for Millennials and parents, was to upgrade. Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:28Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:28 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD432p432p270p270p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. 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This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenAndrew Winter: Location, location, location01:29 It’s a trend that agent, Robyn Tait of Place Coorparoo has noticed within that 5km to 10km band of the CBD.Ms Tait said there were still conventional upgraders, families growing and wanting more rooms, but the trend of buying “humble homes’’ on larger blocks was on the rise.“Rather than upsizing into necessarily ready made homes, I think what we are seeing over recent years is that more and more people are prepared to take on major structural renovations themselves,’’ she said.“There is demand for people wanting to buy a very humble home that is a blank slate but on a larger block so they can raise the house, extend and put in a pool, all of those types of things.“What we actually see is people moving from a 405sq m block to a 600 sqm block so they can do these really significant structural renovations.’’“I think with our climate as well when people are upsizing a lot of the time, it is for that larger block so that they can put on a large deck, swimming pool and have a large garden for kids to play in.’’Tiffany and Peter Levine have lived in their Norman Park home for five years, but now it’s time to upgrade.They’ve already found their new home at nearby Coorparoo and while it has the same number of bedrooms and bathrooms, it comes with the one thing Mrs Levine said they were keen on -extra land. They will be upgrading from a 400sq m to a 630sq m block, which will allow them to put in a large pool in the future.The couple, who’s two children Lewis, 3, and Ethan, 2, came along after they bought the home they are selling at 78 Adina st, Norman Park, said they had already renovated that property to meet their needs. last_img read more

Man gets 3 years for ganja possession

first_img…nabbed with 21 gramsSataka Joseph, a 25-year-old construction worker, opted not to waste the court’s time and entered a guilty plea to a charge of trafficking in narcotics when arraigned on Monday morning before Georgetown Magistrate Judy Latchman.Joseph had been found in possession of 21 grams of cannabis for the purpose of trafficking on November 16, 2017 at America Street in Georgetown.Police Prosecutor Shawn Gonsalves related that, on the day in question, ranks of the Brickdam Police Station were on patrol in the area when they came into contact with the defendant and conducted a search on his person.A quantity of seeds, leaves and stems suspected to be cannabis were found in his front left side pants pocket wrapped in a transparent plastic bag. Arrested and taken into custody, he orally confessed to ownership of the suspected prohibited herb.Given the chance to speak in court, Joseph remained silent and indicated that he did not wish to say anything,Taking all mitigating factors into consideration, Magistrate Latchman imposed on Joseph a fine of $30,000 and a mandatory term of three years in prison.last_img read more