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green spaces in Caboolture developments
New Home Buyers

New Green Spaces in the Developments of Caboolture & Morayfield

Natural green space and parks are always desired by residents and newcomers alike in suburban estates.  Mayor Peter Flannery said last year that the area of Waraba will see “52.7 hectares of open and green space be transferred back to public ownership, which includes 32.3 hectares of conservation area, 17.5 hectares of district linear parkland and the provision of seven new local recreation parks.” So there will be plenty of both natural parkland and recreation parks in Caboolture West.  A Park for families at Morayfield Landing Current Real Estate Principal,

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Home buyers grant qld new home sold
New Home Buyers

First Home Buyers Grant in Queensland and Concessions

There are now a number of ways to better afford a home loan. Queensland Government offers a $30,000 first home grant to first home buyers who are building or buying a new home with a value less than $750,000. This must be new, so it could be an off-the-plan, a substantially renovated home (e.g. a transported & renovated house), a new house, or an owner-build contract. This grant could be a substantial help. This applies to transactions entered into from 20 November 2023 until 30 June 2025. The grant will

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Burpengary East growing
Caboolture & Surrounds Sales Market

Burpengary East: Discover the Gem of Moreton Bay North

So far, 2024 has proven a solid start for Burpengary East home sales, with at least 40 sales (Jan/Feb) and 55 houses available for sale in March. This activity brings the median house price up to $820,000.  As 2021 and 2022 were such huge growth years for houses here, with 36% and 18% growth respectively, there was a natural lull in 2023.  In the last 12 months, there was a fairly even spread of house sales across the $600K range (40 sales), $700K range (38 sales) and $800K (35 sales)

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Caboolture South Units selling
Caboolture & Surrounds Sales Market

Units in Caboolture Offer a More Affordable Way to Enter the Market

With the portion of income needed to service a mortgage now at 46%, and higher interest rates, almost every home buyer is looking for smaller mortgages. The sales growth of units over the last 12 months in Moreton Bay rose 9.76%, but 19% for Caboolture units, which is indicative of a general move towards the more affordable unit market.  Compared to Brisbane LGA’s median of $560,000 for units, Caboolture represents reasonable affordability of $340,000 median unit price, although this may be a shock for Caboolture residents who may not be

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renters relief - new laws - tenant
Property Owner News

What the Renters’ Relief Package Means for Property Owners

Through a Queensland Government initiative ‘Homes for Queenslanders’, a $160m Renters Relief Package spread over five years means additional funding for housing services and greater renter assistance. This helps those in need of financial aid, but does it help more affordable rented properties come onto the market?  The Rent Relief Package contains:  Rent relief through a financial aid support package Portable bond scheme – allowing tenants to transfer their bonds when relocating from one rental property to another Rental sector Code of Conduct A new framework for parties to agree

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