Property prices yet to budge in Townsville

first_imgWayne Nicholson, REIQ Townsville zone Chairman. Picture: Shae Beplate.HOUSE and unit prices in Townsville are yet to record any significant price growth however residential properties are selling faster than they were a year ago according to new data.THE REIQ Queensland Market Monitor report for the September quarter of 2018 shows that the annual median house price fell 12.5 per cent in the past 12 months to $320,000.Units fared better recording a 1.9 per annual increase in September to $265,000 however during the past five years the median price has dropped 12.8 per cent from $304,000 in September 2013.Days on market have reduced for both houses and unit with houses taking 62 days to sell in 2018 compared to 64 days in 2017.Median days on market for Townsville units in 2018 was 67 compared ti 89 in 2018.REIQ Townsville Zone chairman and First National Nicholson principal Wayne Nicholson said he felt the market had improved during the last quarter of 2018 and he was expecting a more prosperous 2019.“My thoughts are those numbers in the report might be lagging a bit for Townsville and some more up to date numbers form the end of November would probably have been more accurate,” he said.“If you list a property and it’s listed at the right price it’s selling in probably 30 days so we’re not having trouble selling property that’s listed correctly.“I’m cautiously optimistic that 2019 will be better because when those vacancy rates get between two and three per cent then we’ll get investors starting to come back and that normally kick starts the real estate market again.”According to the report the outlook for 2019 remains challenging and supply is expected to outstrip demand during the coming months.The unit sale market is in recovery but the regional economy needs to grow to sustain future price growthThe Townsville rental vacancy rate was sitting at 3.9 per cent in September with 300 new rentals lodged with the Rental Tenancy Authority during the September quarter.Mr Nicholson said while the official vacancy rate hadn’t yet fallen below 3 per cent many real estate offies in Townsville had vacancy rates of two per cent or lower.,” he said.“I manage 700 rental properties and I’ve only got eight that are vacant.”No Townsville suburbs recorded double digit price growth in the 12 months until September 2018 but nine suburbs did show an annual median price growth between 1.7 per cent and 8.8 per cent.Listing volumes increased 22.4 per cent, from 3760 in August 2017 to 4601 in August 2018. Sales volumes weakened 10.1 per cent, from 2095 in September 2017 to 1884 in September this year. Annual median sale price $265,000 (up 1.9% in a year)Total residential property listings2018- 10392017- 881Stock on market2018- 5.5%2017- 7.1%Median days on market2018- 672017- 89Median vendor discount2018- 8.3%2017- 8.2% UNITS Annual median sale price $320,000 (down 4.5% in a year)Total residential property listings2018- 46012017- 3760Stock on market2018- 7.4%2017- 6.1%Median days on market2018- 62More from news01:21Buyer demand explodes in Townsville’s 2019 flood-affected suburbs12 Sep 202001:21‘Giant surge’ in new home sales lifts Townsville property market10 Sep 20202017- 64Median vendor discount2018- 8%2017- 7.8% HOUSESlast_img read more

Local foundation takes unique approach to funding family-related agencies

first_imgNapoleon, In. — In a very unique fashion, the Ripley County Community Foundation awarded three grants to agencies that work to improve the lives of families and children in the county. Phi Beta Psi XI Chapter received a $1,500 grant, Samaritan’s Hope Chest was awarded a $1,000 grant and the Batesville Memorial Public Library receives a $500 grant.Executive director Amy Streator says attendees at the “Queen of Hearts” luncheon at the St. Maurice Hall in Napoleon decided which organizations got the grants.Allowing participants make funding decisions allows donors to be closer to the ward process.last_img

Reggae Girl’s funeral marred by violence

first_imgTHE sombre atmosphere, when laying to rest the body of Reggae Girl, Tarania ‘Plum Plum’ Clarke, was replaced by loud bangs of gunshots and the unmistakable stench of fear from mourners who were hindered from doing just that last Sunday.What started as a day celebrating the life of Clarke, where she was described as a born leader at the Excelsior High School Auditorium in Kingston, Jamaica, ended with confusion and pain at the Meadowrest Memorial Gardens in St Catherine.Reports are that on Sunday, there was an altercation during the burial that resulted in the stabbing of an employee at Meadowrest.It is alleged that gunmen from the nearby community, hearing of the injury to one of their own, broke up the proceedings by firing gunshots into the proceedings.It is unknown if anybody was shot in the incident as the police are yet to release a report on the incident as investigations continue.The October 31 death shocked the footballing community in Jamaica, with reports surfacing that the 20-year-old was stabbed during a fight with a friend over a cell phone in Half-Way Tree.During the memorial service inside the auditorium, Reggae Girl, Khadija Shaw, asked that Clarke be remembered for being funny, caring and hard working.“She would have wanted to be with us all, to be here with our happiest smile of our times together,” said Shaw.“For the memories, I have with her I can tell you she was a strong person. Plum Plum’s presence will be missed by all, but she will never be forgotten.”Clarke captained the Waterhouse women’s team for four title-winning seasons, earning a Reggae Girlz debut on September 30 during the CONCACAF Women’s Olympic Qualifiers and even scored her first international goal against Cuba, during a 21-1 drubbing. The defender also scored against St Lucia when the Reggae Girlz beat them 11-0.President of the Jamaica Football Federation (JFA), Michael Ricketts, said the loss of life was caused by a lack of understanding.“It is so sad and painful to have lost someone with such a future,” Ricketts said.“From her days at primary school, she has exhibited that ability to lead. I want to use this opportunity to ask all of you that we show love. We need to go back to the days when we respected and showed love to our friends. One single act of indiscretion has cost the community, the school, and certainly Jamaica, (someone) with such great talent.”last_img read more

Neymar is Barcelona bound, says Ronaldo

first_imgBrazil legend Ronaldo has strongly hinted that Santos starlet Neymar is bound for Barcelona.Neymar has been repeatedly linked with with the Blaugrana and Goal.com exclusively revealed last week that the 21-year-old will be heading to Catalunya in July for talks.However, in discussing his compatriot’s chances of establishing himself as a modern great, Ronaldo appears to have suggested Neymar’s rumoured switch to Barca is a done deal.“He has the potential [to become one of the world’s best],” the now-retired striker is quoted as saying but Tuttosport. “But we have to assess his impact on European football when he arrives at Barcelona.“The first year will be difficult for him, but I’m convinced that when he adapts he’ll be one of the very best.”Ronaldo enjoyed a fine season at Camp Nou before leaving for Inter in 1997.last_img read more

Krueger’s Lawn Care Service is seeking lawn care/landscape worker

first_imgKrueger’s Lawn Care Service  is looking for an individual to work through the remaining 2014 season and following seasons.Duties include safely and efficiently carrying out: trimming, edging, mowing, driving/hauling, light tree work, and general landscape maintenance. Must have a valid Driver’s License, be able to work in the heat, be able to handle reasonable physical labor, and be willing to learn. Experience preferred, but not required. Will train the right individual. Employees of KLCS are subject to pre-employment drug/alcohol testing. Competitive Pay, Positive work environment, Fast Paced, flexible schedule.Please Email resume with references to: [email protected] or Krueger’s Lawn Care Service, PO BOX 273, Wellington, KS 67152 by August 8, 2014—Jarret KruegerJarret R. Krueger OperationsCell: 620-440-2107E-mail: [email protected]last_img read more