Sydney, Canberra and Melbourne have long been touted as Australia’s most expensive cities when it comes to property, but after three years of a COVID-19-bolstered boom, Brisbane has climbed the ranks. Since 2020, homes in Queensland’s capital have increased by 50 per cent, making it now the nation’s third most expensive city with median dwelling…
The latest official data shows inflation slowed from 4.9 per cent over the year to October to 4.3 per cent over the year to November. The Australian Bureau of Statistics (ABS) says this is the slowest annual rate of price rises since January 2022. Economists were generally expecting the Consumer Price Indicator to show price…
Construction at Farriers Creek in Burpengary is progressing well with bulk earthworks continuing across both stages 1 & 2 of the development. Retaining wall construction has commenced on stage 1. Culvert structures have been delivered to site and these will be installed in the coming weeks.
CFMG Capital are pleased to announce that a number of homes are now under construction on site in stage 1 of Pumicestone Pocket in Caboolture. It’s great to see our newest community starting to take shape. Stage 2 of Pumicestone Pocket is almost complete with the final touches being added in the coming weeks prior…
Home values have remained resilient to higher interest rates this year, and this continued in November with prices continuing to lift and hitting fresh record highs in many markets, although the pace of growth has slowed due to the increase in properties coming to market. Earlier this year national home prices reclaimed 2022’s price falls in…
Australian dwelling values have surpassed their previous peak to reach a new record high, according to CoreLogic’s national daily Home Value Index (HVI). The index model essentially estimates the value of every property each day. After reaching a peak in April 2022, national home values fell -7.5 per cent. Since bottoming out on January 23,…
Scammers are out and about in force at this time of year and it’s important to be aware of a particularly common type of scam known as investment scam. Australians lose more money to investment scams than any other type as they are usually quite complex and difficult to identify. You’ll find scammers using convincing…
We’d like to thank all attendees who either watched online or joined us in-person in Sydney for the recent CFMG Capital Q&A event. Clive Todd provided insights into current trends in SMSFs as well as discussing various opportunities and strategies available to contribute to superannuation including removal of the work-test, carry-forward of unused concessional contributions…
Stage 1 at Pumicestone Pocket in Caboolture is now officially registered. Only 4 homesites remain available for sale in stage 1, and settlements on the sold lots are now underway. We are looking forward to seeing house construction commence in the coming months.
Brisbane has led the nation in home price growth over the past month, with values hitting a record high as homeowners brace for a potential rate hike next week, a new report reveals. PropTrack’s Home Price Index shows the city’s unit and house prices combined gained another 0.5 per cent in October to hit a…
