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

National’s contenders on marijuana

first_imgThe Wireless 22 February 2018Family First Comment: Good. Opposition to recreational dope from all candidates www.saynopetodope.nzWHAT ARE YOUR THOUGHTS REGARDING THE DECRIMINALISATION OF MEDICINAL AND RECREATIONAL CANNABIS?AMY ADAMSI’m really concerned about the incredibly damaging impact of drugs in our community, so I would be cautious. In saying that, I want people in chronic pain or suffering from terminal illness to get all the support they need. I would not support anything that seeks to makes drugs freely available.JUDITH COLLINSI’m not at all opposed to this. If we can have medicinal opioids that can be prescribed, why can’t we have medicinal cannabis? Misused, it can have negative effects, but there’s no doubt there are times it can be of use. But it’s not something that should be treated in a recreational way.SIMON BRIDGESIn principle, I’m in favour of medicinal cannabis. Where the law is not working, we should fix it. I’m much more reluctant when it comes to recreational use. It’s not that I’m a prude about this issue, I’m worried about the impact on people with mental health issues, I worry about regional communities, and in terms of recreational use, it’s not an absolute “no”, I just think we need a very considered conversation first.MARK MITCHELLI’d like to see medicinal cannabis made available, as long as it’s carefully regulated. I’m against recreational decriminalisation as there are a lot of countries that have gone down that track and have run into some social problems.STEVEN JOYCEI’m supportive of providing more medicinal cannabis to those in pain. I’m not supportive of broader decriminalisation because I think we already have enough vices in this world.READ MORE: read more

Rebels are bound for Belleville

first_imgBELLEVILLE, Kan. – United Rebel Sprint Series regulars and a host of IMCA RaceSaver Sprint Car competitors hit the Belleville High Banks on Tuesday, July 3 for a $1,000 to win main event.Defending champion Zach Blurton currently leads the Rebels point standings over Brian Herbert coming into a big week of racing as they will compete Tuesday in Belleville and Saturday night head to Nebraska as the Rebels will hit Lincoln County Raceway in North Platte for the $1,500 to win third annual Ron Williams/Dick (Snoose) Myers Memorial.On the following day, they head down to Dawson County Raceway in Lexington for a $700 to win feature.For more information contact Rick Salem at 785 475-7010 or email at read more