Brisbane suburbs that buyers love so much it will take decades for them to leave

first_img 0-5km Herston 17.9South Brisbane 15.9Herston 14.9West End 14.5Auchenflower 14.4Geebung 14.1Petrie Terrace 14 5-10km More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North2 hours agoNew apartments released at idyllic retirement community Samford Grove Presented by Eagle Farm 18.5Mansfield 16.5Nathan 15.1McDowall 14.6Tennyson 14.4Bethania 14.2Everton Park 14.0 11-15km Robertson 15.9Macgregor 15.6Bunya 15.5Darra 15.5Wishart 15.3Upper Mount Gravatt 15.2 16-20km Ellen Grove 16Rochedale South 13.7Woodridge 13.4Springwood 12.9Capalaba 12.6 BRISBANE COUNCIL TIGHTEST HELD: Eagle Farm 18.5 years Herston 17.9 yearsMansfield 16.5 yearsEllen Grove 16 years Robertson 15.9 years South Brisbane 15.9 yearsMacgregor 15.6 years (Source: CoreLogic) Ron and Donna Payne have lived in Greater Brisbane’s Bahrs Scrub for over 25 years and only just decided to downsize to the coast. Picture: Annette DewTHESE are the Brisbane suburbs that buyers love the most – where once they get a foothold, it takes about a quarter of a century for them to leave.Two-thirds of suburbs in the Queensland capital region were so tightly held they averaged 10.9 years before their owners put their homes up for sale, with the longest coming out of Bahrs Scrub, 23km from the Brisbane CBD.The suburbs were diverse from inner-ring suburbs of Eagle Farm and Herston to Mansfield, Sheldon, Ellen Grove, Park Ridge and Robertson across the wide middle ring.For those who have been sitting on property for as long as several decades, there could be a windfall ahead though, with land so tight, developers have come knocking in sleepy suburbs.“Changes in zoning can be a motivating factor for developers to start knocking on doors,” Mr Pressley said.Houses in high demand South Brisbane were also among the hardest to get hold of, averaging 15.9 years before owners let them go – which was exactly the same holding period as Coochie Mudlo 32km from the CBD.Buyers agent Simon Pressley of Propertyology said emotion was the strongest driver in those markets – though in some places like the much-maligned Coochie Mudlo market it was more about resale potential.“Mostly people have a strong emotional connection,” he said. “For a person who really aspires to an acreage lifestyle in the capital city, having pursued that dream and achieved it, something really significant has to happen in their life for them to let go of that.”He said for somewhere like Eagle Farm where the average hold period was 18.5 years, it was about lifestyle.“It’s often something they’ve always aspired for and it will take a heck of a lot of effort given multimillion-dollar construction all around and they will stay there until retired.”Ron and Donna Payne were among those who have spent a quarter of a century in one place, buying acreage in Bahrs Scrub 25 years ago. Mr Payne said having children leave home was good timing to put their six bedroom home on the market – complete with tennis court, pool and stunning scenery.Their agent Quy Early of QMT Realty said development was rapidly arriving to the area which had the last acreage between Brisbane and the Gold Coast.“On the other side of the motorway you’ve got huge developments happening with normal suburban blocks and these acreage blocks will be in big demand in future.”He said culture might be playing a role in boosting hold periods in some suburbs, including Mansfield, Macgregor, Wishart and Darra.“Those are everyday, run-of-the-mill Brisbane suburbs. They have the same characteristics north, south and west of the CBD with no unique features. You can’t put finger as to why they’re held longer. Sometimes people of different cultures can stick together but we can’t be certain.”The shortest hold period for property in Brisbane was two years out of Yarrabilba in Logan and 1.8 years at Springfield Central, both places where substantial new development has taken place in recent years. GREATER BRISBANE SUBURBS RESIDENTS DON’T WANT TO LEAVE: Bahrs Scrub (Logan) 25.5 yearsEagle Farm (Brisbane) 18.5 yearsHerston (Brisbane) 17.9 yearsMansfield (Brisbane) 16.5 yearsSheldon (Redland) 16.3 yearsEllen Grove (Brisbane) 16 yearsPark Ridge (Logan) 15.9 yearsRobertson (Brisbane) 15.9 yearsSouth Brisbane (Brisbane) 15.9 yearsCoochie Mudlo Island (Redland) 15.9 yearsMacgregor (Brisbane) 15.6 yearsBunya (Moreton Bay) 15.5 yearsDarra (Brisbane) 15.5 years (Source: CoreLogic)center_img 21-25km Bahrs Scrub 25.5Sheldon 16.3Logan Central 13.5Daisy Hill 12.7Boronia Heights 12.4 (Source: CoreLogic)last_img read more

USC alumnus starts marijuana business

first_imgBlunt business · Alumnus Dylan Osborn created his medical marijuana growing business after suffering from chronic knee pain – Jessica Magaña | Daily TrojanAfter the legalization of marijuana in California in November, its legal market is estimated to grow to $6.7 billion, according to CNBC. As a result, many entrepreneurs are now getting involved with businesses that promote the harvest of medical marijuana at home. One such business, GreenBox Grown was created by Dylan Osborn, a USC alumnus who graduated with a bachelor’s degree in business administration in 2014.Osborn suffered a serious sports-related knee injury that made him undergo several surgeries, leaving him with chronic pain. This made sitting through long business lectures difficult. He would end up having severe pain by the end of the lecture, which then made it tough for him to walk.Osborn turned to medical marijuana to relieve the pain and regain mobility in his knee. However, marijuana proved to be an expensive medication, so Osborn decided to start growing it on his own to save money.“It was a passion project at first because I just enjoyed being outdoors and working with the plants,” Osborn said. “From there, it grew because my father suffers from chronic migraines as well as back pain. Once I saw how helpful the medicinal side of cannabis was, I introduced that to my father and that ended up helping reduce his migraine.”Seeing the positive effect of medical marijuana on his father, Osborn realized there were a lot of people with similar injuries that were being treated with very strong medication, which had negative side effects that medical marijuana did not. As a result of Osborn’s positive personal experiences with medical marijuana, he founded GreenBox Grown in August 2016 and launched its website launch in January.According to Osborn, one of the biggest challenges he faced while setting up his business was understanding the legalities.“Figuring out a system for growing the plants from start to finish where it was affordable but still an easy-to-manage process was another challenge for somebody who isn’t experienced with growing marijuana,” Osborn said. “Our system can now be set up for your personal growing at home for less than $500. Once you are set up, a complete beginner would only have to spend 10 minutes at most per day maintaining the plants.”Since growing marijuana in a greenhouse outside the home is a cheaper alternative than growing it indoors, and some of Osborn’s greenhouses are shaped like a box, he decided to name his venture GreenBox Grown. Osborn was guided throughout the setup of his venture by his father and his uncle, Charley Beals, who is a business owner at Beals Insurance Agency.“Dylan told me about [this] business, and I was all excited,” Beals said. “We have coaching calls about every Friday, and we just work on ideas. Everybody needs a coach, and that’s the role I play.”Beals said that GreenBox Grown was a great idea because of the potential of the emerging medical marijuana market. According to Beals, as the market  blooms, Osborn’s business will naturally be lifted.Osborn’s brother, Cody Osborn, is helping him with growing plants, filming instructional videos for the website and business promotion.“The way I view it is that [he] is really trying to seek an educational approach to this business,” said Cody Osborn, who graduated from USC in 2016 with a degree in biology. “The goal is to take marijuana and make it a home-grown product, so you know where it’s coming from, and it saves people money.”According to Osborn, watering is the most common issue with growing marijuana, even for professional growers.“The biggest tip for a first-time grower is to just be very careful with watering the plants,” Dylan Osborn said. “These plants only need to be watered once every three or four days.”Osborn’s future plans include launching a series for indoor marijuana for those who do not wish to grow marijuana outside.last_img read more

Quarterback Eric Dungey leaves Syracuse football’s game against Clemson in 1st quarter

first_img Published on November 5, 2016 at 4:18 pm Contact Paul: | @pschweds Facebook Twitter Google+ Syracuse sophomore quarterback Eric Dungey left the Orange’s game against No. 3 Clemson on Saturday with about three minutes remaining in the first quarter after taking a shot to his shoulder and head area. SU lost, 54-0.Clemson linebacker Dorian O’Daniel launched his head toward Dungey, who ran toward the left side of the field on a quarterback keeper. O’Daniel made contact with Dungey and the sophomore’s helmet flew back on his head. While lying on the field for minutes after the play, Dungey appeared to try to stand up but struggled to do so. Dungey was taken to the locker room after the play.Dungey came back to the sideline wearing a Syracuse T-shirt and hat with about six minutes left in the second quarter. He was shown on the ABC broadcast chatting with replacement Austin Wilson. Dungey didn’t return to the game.Wilson replaced Dungey with the score 10-0 in Clemson’s favor. Saturday marks Wilson’s first appearance of the season. He’d previously been the Orange’s third-string QB while Zack Mahoney was the second string. Mahoney subbed in for Dungey two weeks ago when he suffered an injury against Virginia Tech. Dungey missed just one offensive play, though.AdvertisementThis is placeholder textDungey missed four games last season and parts of three more due to injuries caused by hits to the head.Follow along for live updates throughout the game, here. Commentslast_img read more