Double digit property growth a positive sign

first_imgSeveral Brisbane suburbs were in the list of top state performers. Picture: SuppliedNEARLY 70 Queensland suburbs have recorded double digit capital growth in the past year with some areas skyrocketing by 150 per cent.The Real Estate Institute of Queensland (REIQ) has revealed that 68 suburbs across the state recorded capital growth between 10 per cent and over 150 per cent in the 12 months to June this year, with Blackwater in central Queensland recording the biggest jump.Median house prices rose 151.3 per cent to $94,250 in June, albeit from a low base.But the latest market report by CoreLogic offers even more green shoots of hope, with the median house sales price now up to $105,000 in the resources town.Collinsville, southwest of Bowen, has also recorded solid growth, with median house prices up 46.2 per cent to $95,000 over the same period, while Miles in the Western Downs recorded capital growth of 23.5 per cent to $148,250.REIQ CEO Antonia Mercorella said improved confidence in the coal mining sector was one of the key factors driving the recovery of the property sector in Blackwater and other mining towns. Janelle and Dale Woodhall are selling their palatial mansion at Hamilton.Architecturally-designed, the stunning residence is named Haeremai, spans four levels, is packed full of luxury features and has river and city views.“We bought here in 1993, moved in 1994. The original house was Mediterranean-style and about 11 years ago we knocked it down and designed this with architect Bevan Lynch (ML Designs),” Mrs Woodhall said.“We have always felt that this one of the best areas in Brisbane. Even in just the past two years we have seen lots of new builds and big money coming in.” “The top area delivering the strongest growth has been Blackwater, with 151 per cent growth. This is a result of the resurgence in coal prices and the low base starting point,” Ms Mercorella said.Eleven suburbs reached an annual price growth of more than 20 per cent. These suburbs were Blackwater, Spring Mountain (Ipswich), Collinsville, Minyama (Sunshine Coast), Hamilton, Hollywell (Gold Coast), Miles, Mount Coolum, Dundowran Beach (Fraser Coast), Boonah (Scenic Rim) and Idalia (Townsville).“This spread of suburbs is a good indication that Queensland real estate is delivering steady sustainable growth across the board. We’re seeing growth outside the southeast corner,” Ms Mercorella said.But Ms Mercorella cautioned against celebrating another ‘boom’.“While we’re definitely seeing prices come back in western Queensland mining towns, such as Blackwater, these prices are still below their peak. It’s unlikely we’ll see a return to pre-2013 prices in those areas anytime soon,” she said.Fifteen suburbs on the Sunshine Coast, four on the Gold Coast, six in Ipswich and three suburbs in Moreton Bay also recorded double digit growth, according to the report.A total of 13 suburbs in Brisbane LGA made the list of top performers for the past year. Hamilton was the fifth strongest performer in Queensland and the best performer in Brisbane LGA.House prices in Hamilton increased 32.9 per cent for the past year, to $1.442, million. Other Brisbane suburbs included in the list were Sandgate, Paddington, Mount Ommaney, Sunnybank, Graceville, Hendra, Shorncliffe, Seven Hills, Nundah, Kedron, Bulimba and Auchenflower.Ipswich had six suburbs on the list, the Gold Coast had four and Moreton Bay had three.Ms Mercorella said the southeast dominated the list of top performers, making up about 60 per cent of the 68 double digit performance suburbs.***TOP PERFORMING SUBURBS IN SOUTHEAST QLD/RANKING/1 YEAR CAPITAL GROWTH(House market <2,400 sqm — annual data to June 2018)Suburb Ranking 1 Yr Capital GrowthSpring Mountain (Ipswich) 2 103.6%Minyama (Sunshine Coast) 4 45.8%Hamilton (Brisbane) 5 32.9%Hollywell (Gold Coast) 6 30.5%Mount Coolum (Sunshine Coast) 8 21.9%Boonah (Scenic Rim) 10 21.3%Yaroomba (Sunshine Coast) 13 19.7%Tivoli (Ipswich) 16 18%Cashmere (Moreton Bay) 17 18%Walloon (Ipswich) 18 16.7%Sunshine Beach (Noosa) 19 16.7%Noosa Heads (Noosa) 20 16%Hope Island (Gold Coast) 21 15.7%Ripley (Ipswich) 22 15.4%Sandgate (Brisbane) 23 15.2%Paddington (Brisbane) 25 14.7%Pelican Waters (Sunshine Coast) 28 13.9%Mount Ommaney (Brisbane) 30 13.7%Sunnybank (Brisbane) 34 13.3%Graceville (Brisbane) 37 13%Hendra (Brisbane) 38 12.7%Shorncliffe (Brisbane) 39 12.4%Coes Creek (Sunshine Coast) 41 12%Cooloola Cove (Sunshine Coast) 42 12%Battery Hill (Sunshine Coast) 43 12%Seven Hills (Brisbane) 44 11.9%Nundah (Brisbane) 45 11.9%Monkland (Gympie) 46 11.6%More from newsParks and wildlife the new lust-haves post coronavirus15 hours agoNoosa’s best beachfront penthouse is about to hit the market15 hours agoBongaree (Moreton Bay) 47 11.6%Maroochydore (Sunshine Coast) 49 11.2%Twin Waters (Sunshine Coast) 50 11.2%Tewantin (Noosa) 52 11.2%Coolum Beach (Sunshine Coast) 53 11.2%Kedron (Brisbane) 54 11.1%Sunrise Beach (Noosa) 55 11%D’Aguilar (Moreton Bay) 57 10.9%Mountain Creek (Sunshine Coast) 58 10.9%Flinders View (Ipswich) 59 10.9%Highland Park (Gold Coast) 60 10.7%Rosewood (Ipswich) 61 10.7%Bulimba (Brisbane) 62 10.6%Auchenflower (Brisbane) 66 10%Rainbow Beach (Gympie) 67 10%Ormeau Hills (Gold Coast) 68 10%(Source: REIQ QMM June 2018)***In Hamilton, Janelle and Dale Woodhall are downsizing and have put their palatial Hamilton mansion at 50 Hillside Crescent on the market. REIQ CEO Antonia Mercorella 50 Hillside Crescent at Hamilton is on the marketTheir house is listed for sale with Vaughan Keenan of Grace & Keenan at Newstead.Mr Keenan said he was not surprised by Hamilton’s strong performance, noting a marked increase in interstate buyers from Sydney and Melbourne at open homes.“And I have seen a lot of people from Adelaide and Auckland (New Zealand),” he said. “There is also a lot of local interest, with proximity to private schools is a major factor.”last_img read more

DecarbonICE: New Carbon Capture Project Gains High-Level Traction

first_imgDecarbonICE, a project led by former DNV GL head Henrik Madsen with the aim of leading the industry to carbon negative shipping, has garnered support from a number of major players from the industry.Shipping companies NYK, Sovcomflot, Knutsen OAS and Ardmore, ship builders, including Daewoo Shipbuilding and Marine Engineering, and the mining company Vale, have all teamed up with the Denmark-based Maritime Development Center (MDC) to develop an on-board carbon capture and storage solution that will help the industry achieve the IMO 2050 target of a 50% CO2 emissions reduction compared to the 2008 level.DecarbonICE is based on two new main ideas for the capture and storage part, respectively. The CO2 and other GHG’s in the ship exhaust are captured on board in a cryogenic process and turned into dry ice.Proven offshore technology is then applied during normal ship operations to transport the dry ice into the seafloor sediments. Here the CO2 will be safely and permanently stored as liquid CO2 and CO2 hydrate.The concept is intended for ship newbuildings, but also for retrofitting on existing ships, thereby providing the opportunity to accelerate the transition towards the IMO target. In combination with future carbon neutral fuels like biofuels and electro fuels, the decarbonICE technology can create carbon negative shipping and thus contribute to atmospheric carbon reduction at a significantly lower cost than shore-based carbon capture, according to MDC.The project started October 1, 2019 and will run through 2020. The aim is to prepare a feasibility study and to initiate the IMO approval process for the technology.“While we support a final goal of availability of zero carbon or carbon neutral fuels, we believe that a bridging carbon free solution is needed, which can utilize existing assets in terms of ships, propulsion systems and fuels. The decarbonICE project is intended to offer exactly that, and at a predicted low energy penalty well below 10%,” Chairman of the decarbonICE project, former DNVGL President and CEO Henrik O. Madsen, said.“The maritime industry seems to be overlooking that on-board carbon capture withsubsequent storage at appropriate sites may also qualify as a carbon free solution,” Odin KWON, CTO of DSME, added.“At DSME we are following several Korean research groups studying the behavior of CO2 injected into seabed sediments. The success of the decarbonICE project will also depend on how the required power can be minimized for the cryogenic cooling process.”last_img read more

Shot, bus conductor lands in hospital

first_imgAccording to police investigators,Zamora was sitting inside a bus when he was shot by an unknown assailantyesterday morning. The 24-year-old Elboy Zamora ofHinobaan, Negros Occidental was recuperating at the Culasi District Hospital.He sustained two gunshot wounds on the body, a police report showed. CULASI, Antique – A bus conductor wasshot in Barangay Centro Sur.center_img Culasi municipal police station CaptainBryan Alamo said that they already have a lead for the suspect’s identity, butthey still need to establish more concrete evidence to pin the gunman./PNlast_img read more

Weekend Area Girls Basketball Scores

first_imgArea Girls Basketball ScoresSaturday  (11-17)Batesville  34     South Ripley  32Jac-Cen-Del  64     Milan  29Mt. Vernon  40     East Central  36Franklin County  49     Switz. County  43Jennings County  73     Greensburg  66North Decatur  57     South Decatur  48Waldron  58     Rising Sun  39Batesville C-Team defeat Southwesterm Shelby 32-30. Calley Kaiser lead the bulldogs in scoring with 12 points.Courtesy of Bulldogs Coach Carey Jewell.Friday  (11-16)Jac-Cen-Del  74     Oldenburg  65Seymour  56     Batesville  42Union County  31     Franklin County  26Lawrenceburg  63     South Ripley  38Greensburg  74     South Decatur  22Switz. County  43     Rising Sun  33Waldron  52     Hauser  35Morristown  55     Beech Grove  46SW-Shelby  65     Shelbyville  33Mt. Vernon  66     Rushville  51Connersville  64     Centerville  45last_img read more

Eight year-old sustains injury from dirt bike accident

first_imgBargersville, IN—Indiana Conservation Officers are investigating a dirt bike accident that occurred over the weekend in Bargersville.ICO was called to investigate the incident that left a Johnson County juvenile injured. The initial investigation revealed that an eight-year-old child was operating a Honda CRF dirt bike on County Road 375 N. The child lost control, fell off the bike, and reportedly sustained a broken leg before being transported to Riley Hospital for Children at IU Health for treatment.The investigating officer from the Department of Natural Resources reports that the juvenile was wearing a helmet.last_img read more

Inter Milan sign Victor Moses on loan

first_imgRelatedPosts Pirlo not out to copy anyone after Juventus’ comfortable opening win Vidal lands in Milan to complete move from Barca to Inter Mane double eases Liverpool to win over 10-man Chelsea Victor Moses has been reunited with manager Antonio Conte after signing a loan deal with Inter Milan until the end of the season. The anticipated move from Chelsea was confirmed on Thursday afternoon by the high-flying Italian side. The 29-year-old has joined on loan for the rest of the campaign with a view to making the deal permanent for £8.5 million in the summer. “It’s an honour for me to be here and be an Inter player. I’d like to thank everyone for the welcome I’ve been given, I can’t wait to start,” Moses said on Inter TV. “Having the opportunity to work with the coach again is something I’m really happy about,” Moses said. “I have spoken to him and he has already explained the club’s project to me. I want to be part of it, I’m happy to be here. “I’ll give my all and want to help the team. There’s a lot of quality here, I want to make my contribution out on the pitch and enjoy myself. That’s the most important thing.” The wing-back had initially arrived in the city on Monday night, having cut short his 18-month loan spell at Turkish side Fenerbahce. Videos of Moses in Milan surfaced on social media on Tuesday morning as he underwent a medical with the San Siro outfit. On Wednesday, Inter striker Romelu Lukaku posted an Instagram photo of the squad going out for dinner, which included Moses in it. This was another indicator that the move was close as he was still yet to formally join the club. The Nigerian sits opposite Lukaku as he smiles and appears to be bedding into his new surroundings already, as the former United striker wrote: “My brothers, My boys, My Friends, My team-mates @Inter.” Moses is currently deemed surplus to requirements at Chelsea and had spent the past 12 months plying his trade with Fenerbahce. However, he is now reunited with Conte at Inter after playing a key role in the Italian’s 2016-17 Premier League title triumph while in charge of Chelsea. He featured 34 times in the league that term, scoring three times. Overall the pair worked together at Stamford Bridge for two seasons before Conte was sacked just two months after the end of the 2017-18 campaign. The last season saw them win the FA Cup too. Conte will be hoping the arrival of Moses can aid Inter’s title challenge as they look to usurp Juventus as champions of Italy. Juve (51 points) currently sit four points clear of second-placed Inter (47 points) after 20 matches apiece.Tags: Antonio ConteChelseaInter MilanVictor Moseslast_img read more

Anderton sympathises with Rodriguez

first_img The 24-year-old was given his Three Lions debut in November’s friendly against Chile and his fine form with Saints put him in the running for a spot in the squad heading to Brazil. However, Rodriguez’s hopes were cruelly extinguished on Saturday when he fell awkwardly during the 4-1 defeat at Manchester City, rupturing his anterior cruciate ligament. Southampton’s Jay Rodriguez faces a “very difficult” mental and physical challenge after injury robbed him of a place at the World Cup, according to former England midfielder Darren Anderton. He now faces six months on the sidelines and Anderton – nicknamed ‘sicknote’ during his playing days due to the range of injuries and ailments he suffered – knows how the forward is feeling. “He will be heartbroken, of course,” he said. “You do want to play for your club but everyone wants to play for their country and go to a World Cup. “He has had a great season and you saw when the injury happened that he was devastated. “He knew it was a bad one and I’m sure straight away that was in his mind that he is out of the World Cup.” Anderton won 30 caps for England despite a career disrupted by injury, and believes Rodriguez needs to accept the situation to get back to his best. “It is very difficult,” he told BBC Late Kick Off South, South West and West. “At least he knows that it is six months – he has got to get his head around that. “I got injured in seasons going up to a World Cup or European Championships, but I was lucky I got fit just in time to go and take part in those. “It will be even more difficult for him but he is at a great football club, he has had a great time. “He has just got to get himself right. He has got to forget about the World Cup. I am sure he won’t want to watch it. “[My message to him would be] just keep your head up. It is difficult. “It is all part of the game, all part of football. He has had a great season, he has been a great signing for Southampton. He has just got to get himself fit and carry on what he has been doing.” Press Associationlast_img read more

STAFF : Tumolo’s 5 goals leads Syracuse women’s lacrosse as Orange routs Towson

first_imgMichelle Tumolo played well in Syracuse’s first five games, but the Orange’s sixth game brought her finest performance yet.The attack scored a career-high five goals on just five shots to power the No. 4 Orange (4-2, 0-0 Big East) to an 18-7 victory over Towson (4-2, 0-0 Colonial Athletic Association) in front of 223 at the Carrier Dome. The junior also added three assists to three different SU players to fuel the blowout.Syracuse actually found itself trailing after an early goal by Towson midfielder Kelsey Murkey gave the Tigers a 1-0 lead less than two minutes in. After Tumolo answered, Towson retook the lead when attack Andi Raymond scored for the Tigers.From there, the Orange coasted. SU used a 4-0 scoring run between the 21:34 and 14:40 marks of the first half to pull away to a lead Towson could never recover from. Attack Devon Collins scored the first of her three goals during the run. Midfielder Sarah Holden also scored her first of two.That was just the Orange’s first run, as the Tigers were unable to keep up with the Orange’s talent and athleticism for the final 51 minutes of the game.AdvertisementThis is placeholder textCollins scored her final two goals during SU’s second 4-0 run during a four-minute stretch starting at the 8:46 mark of the second half. Tumolo also added a goal during the run as did attack Alyssa Murray who ended the game with a hat trick, as well.The second half brought Syracuse’s most impressive run of the game. After trading goals to start the second half, the Orange reeled off six straight, turning an 11-5 lead into a 17-5 one and erasing any lingering doubt as to whether SU would hold on.Syracuse now has 10 days off until it opens up Big East play on March 24 in Storrs, Conn. against Connecticut at 1 p.m. The unranked Huskies are 5-1 this season, but have yet to beat a ranked team. UConn’s lone loss came March 2 against Boston College. The Orange blew out the then-No. 8 Eagles 23-12 in its season opener Feb. 21.-Compiled by David Wilson, staff writer, Comments Published on March 13, 2012 at 12:00 pmcenter_img Facebook Twitter Google+last_img read more

Irish Rugby back in training ahead of Scotland clash

first_img© IRFU The Irish Rugby team have received a big boost with the news that Tadgh Furlong and Iain Henderson are on course to be fit for Saturday’s Six Nations showdown with Scotland.Hamstring injuries forced both players out of the win over Wales, but Ireland management expect them to train fully this week.The Munster pair of Andrew Conway and Niall Scannell have been ruled out of the game, due to knee and rib issues. Ulster’s Rob Herring has rejoined the squad have overcome an elbow problem.last_img read more

Mo Farah says he is ‘happy’ for any anti-doping body to re-test his samples

first_imgSalazar was found guilty of doping violations and banned for four years.UK Anti-Doping (Ukad) said on Friday it would need “credible evidence” a sample contained a banned substance before handing it over to any investigation.“I’ve seen reports of my name in connection to Ukad and Wada about sample retesting,” said four-time Olympic champion Farah on Twitter.“Just to be clear, I was not consulted about this and as I’ve said many times, I am happy for any anti-doping body to test any of my previous samples anytime.”Salazar was banned in October after a four-year investigation by the US Anti-Doping Agency (Usada), with Dr. Jeffrey Brown, a Nike-paid endocrinologist who treated many of Salazar’s athletes, receiving the same sanction.Both Salazar and Brown have lodged appeals with the Court of Arbitration for Sport.Britain’s Farah left the Nike Oregon Project headed up by Salazar in 2017, the same year in which the coach was charged by Usada.But that was more than two years after BBC Panorama revealed allegations of doping and unethical practices at the US training base in Oregon in 2015.Farah has never failed a drug test and has always strongly denied breaking any rules.He told BBC Sport earlier this month that he would have been “the first one out” had he known Salazar faced a ban for doping violations.In November, Ukad said it would work with Wada in its investigation into athletes who trained with Salazar.When asked if Wada had requested samples to re-test, Ukad chief executive Nicole Sapstead said: “We’ve had no communication from Wada on that point but I would want to make it very clear that we’re here to assist any anti-doping organization in their endeavours and if there’s anything we can do to help them then we’d be happy to do so.”On Monday, British 5,000m runner Jessica Judd criticized Ukad for not handing over Farah’s samples.In 2017, Ukad declined a request from Usada to hand over Farah’s historic samples, saying it was concerned such samples can degrade if retested or sent to a different location, undermining any future reanalysis.Sapstead reiterated this concern on Friday, adding: “I was simply saying to Usada: ‘You need to be able to give me credible evidence about what it is you want to look for, rather than this just being a trawling expedition’.“If any partner comes forward and says: ‘I have evidence to suggest this might be present in these athletes and this is part of an ongoing investigation,’ I’ll be the first one to say: ‘Help yourself. How can we help you?’“But I’m not going to risk samples that we hold in storage that could enable us to re-test when the science moves along.”Farah confirmed in November that he will return to track competition in 2020 to defend his Olympic 10,000m title at the Tokyo Games. Ivory Coast FA elections: Asamoah Gyan backs Didier Drogba Tags: IAAFMo FarahUkad Source: BBC Sports ‘I’m happy at Crystal Palace’ – Jordan Ayew says amid transfer speculationcenter_img RelatedPosts ‘We want to play in big competitions’ – Jordan Ayew targets European spot with Crystal Palace Mo Farah says he is “happy for any anti-doping body” to test any of his previous blood and urine samples.The World Anti-Doping Agency (Wada) has said it will investigate all athletes who trained with Farah’s banned former coach Alberto Salazar.last_img read more