Property Market Group

17/09/2023

They say your network is closely related to your net worth. I do believe that is true! Glad to be a part of a chapter to reach a million dollars referred to each other in a year!

CONGRATULATIONS! 🎉

For the second time this year, our Business Class Chapter has achieved a Million Dollar Year!

This means $1M of leads have been shared and converted across the chapter in the last 12 months.

Giver’s Gain is more than a philosophy, we truly give back and this is testament to how connecting with your local business community can offer more than connection and growth, but increased revenue and relationships.

Shout out to the members of the Chapter, what an achievement! Proud is an understatement!

The Candy Buffet Company, First Class Accounts - Craigieburn, Tohme Lawyers, Project BT Property, Lifestyle-V Finance, Capital for Castles, Lifestyle-V Finance, CT-Moonee Valley Empowerbeyond, K2i by Mark Ainsworth, 90 Degrees Digital, Mark Nunan, Divergent Wealth, Unify Plumbing Solutions, Property Market Group, Geordie J.O.B. (Jump On Board) Travel Milbourne, Group Real Estate Lisa Thomas

05/09/2023

National construction code changes to add thousands of dollars to cost of new homes, there simply isn’t a better time to build!
From October next year, all new homes will need to meet accessibility and energy efficiency requirements in many parts of Australia.

Key points:
Master Builders says the changes will add $30,000 on average to every new build
Changes to the National Construction Code will be mandatory for all Queensland homes from October 2023
The government says energy-saving measures will see power bills reduced by $185 a year
“It’s the first homebuyers who are most impacted, who are struggling to get a deposit together, to make the repayments, and then the cost of construction goes up,” Master Builders CEO Paul Bidwell said.

“$30,000 is a significant amount.”

Under the changes, homes built in Queensland would need to meet a seven-star energy-efficiency rating and be more accessible with at least one step-free entry.

State government modelling suggested the combined cost would be $6,000.

“What we know is that, on average, it is likely to increase building costs by around 1 per cent,” Minister for Energy and Public Works Mick De Brenni said.

“We must also remember that that is between 14 and 20 times cheaper than the cost of modifying homes after they are built.”

A meeting of building ministers on Friday voted to adopt the changes from October 2022, with a 12-month transition period.

However, New South Wales, Western Australia and South Australia had previously indicated they would opt out of the new code.

Accessible home advocates said they had been discussing these changes for two decades and the move was well overdue.

Margaret Ward, convener of the Australia Network for Universal Housing Design said: “We took much longer than we should have”.

“There was a lot of misunderstanding about what this means and there were governments that were simply not interested in the idea and the housing industry had undue influence,” she said.

But Mr Bidwell criticised the time frame.

He said it would place additional strain on an industry already struggling with a 30 per cent increase in supply costs, and a pipeline of work beginning to slow.

“It’s breathtakingly stressful,” he said.

“[Builders] are going to have to change the way they do their business.

“October 2023 is not that far away and right now they’re dealing with all sorts of other pressures.

“They just don’t need that now.”

Just how different will home design be?
Under the changes, new homes would need to be built to a “silver standard” of accessibility.

This meant, in addition to at least one step-free entry into the home, increasing the width of internal walkways to fit a wheelchair or walking frame, and a toilet on the entry level.

“The changes are critical,” Ms Ward said.

“The United Kingdom did this in 1999.

“Everyone from the ministers down has come to terms with the fact we need to have housing in the future that will be inclusive of all people, older people, pregnant women, little children, that all these folk can be safe in their own homes.”

Mr De Brenni said they had taken a commonsense approach to the changes, with exceptions for places in north Queensland.

“There are sensible exemptions from the accessible housing provisions for steep blocks, for homes that are built on stilts to accommodate overland flow from heavy rainfall,” he said.

“Those exemptions mean that iconic designs like the Queenslander with a set of stairs at the front will be exempt from some of the provisions.”

Double-glazed windows, more rooftop solar and lighter-coloured roofs and walls were among the energy efficiency measures required.

The new code was expected to reduce emissions by 1.64 million tonnes and would assist in Australia reaching its goal of net zero by 2050.

It was anticipated the changes would save the average household $185 a year in power bills.

Master Builders said the cost-benefit analysis done by the Australian Building Code did not add up.

“It failed,” Mr Bidwell said.

“The costs exceed the benefits on both the energy efficiency and accessible housing.

“It beggars belief that the Australian Building Code board have recommended this and the ministers have supported it.”

Meanwhile, advocates would now focus their attention on pushing for a higher “gold standard” for accessibility.

“With tenacity, ordinary citizens can make change,” Ms Ward said.

“It was the ordinary people trying to build ordinary homes that would fit their families now in the future and it will be that group that will speak out again.”

27/08/2023

WALLOON | Under $570,000
Dawn Estate | High Yields up to 5.3%

Dawn is located just a 15-minute drive from Ipswich and is part of one of the fastest growing regions in south-east Queensland. The nearby Warrego Hwy will have you in Brisbane in no time at all, while regular services from Walloon and Ipswich stations will always keep the CBD and surrounding suburbs in reach.

Lot 548 || $569,980
2 Part Contract
4 beds, 2 baths, 2 car

Rental Appraisal: $560- $580 / week
5.12% - 5.31% yield

Contact us now for more details & brochure

27/08/2023

Why can’t investors keep their eye off Toowoomba?
With heavy infrastructure projects and strong recent capital gains, Toowoomba has become an attractive market for Australian property investors, and suburbs like Cotswood are reaping the benefits.

Cotswood, a suburb located on Toowoomba’s south-western fringe, has been ranked among the highly coveted Smart Property Investment Fast 50 for 2024.

The report and ranking combined the insights of a 14-strong investment expert panel with recent housing performance drawn from open source data and aim to give unparalleled insight into the Australian suburbs that are set for future growth.

Despite interest rates sending the national housing market into a downturn, which was at one stage compared with the Global Financial Crisis, data from CoreLogic found Cotswood to have performed well over the last 12 months, with prices growing 21.5 per cent in that time.

Alongside this increased value uptick, investors have enjoyed gross rental yields of approximately 4.9 per cent, while median rents in the region sit at around $420.

Even with prices soaring for much of 2021 and 2022, the region remains affordable, with a median house price of approximately $450,000, marking Cotswood as a relatively attainable market to enter, even for the more cash-strapped investors.

Casting a wider net to Toowoomba as a whole, the region is expected to house some 230,000 residents by 2050, with a number of provisions in place to ensure one of Queensland’s largest cities continues growing to match rising population.

However, according to Toby Sandell, property partner at The Agency Toowoomba, who spoke exclusively to SPI earlier this year, the region’s present market is far from balanced, with supply massively outstripping demand following a major influx of new residents flocking to the city from NSW and Victoria, where he explained they’re “priced out of the market”.

He shared that the Toowoomba market is “acutely understocked with a disproportionate amount of buyers to sellers, driven by a lower price point and a tight rental market”.

According to SQM Research, the city’s residential vacancy rate for April 2023 was exactly 1 per cent, almost half of what it was during the same month of 2020.

Not only are new arrivals flooding Toowoomba from interstate locations. Mr Sandell explained they are coming in droves from other areas of South-East Queensland, including those making the two-hour drive from the state capital, Brisbane, or other hotspots like the Gold Coast, while “country buyers from western Queensland [are] selling their farms and retiring or moving professionally to Toowoomba”.

His message is clear: “Supply is not keeping up to demand”.

Not only is Toowoomba a “quality town to live in and a cheaper alternative to the likes of Brisbane,” as Mr Sandell put it, but it also boasts a number of key commercial infrastructure projects that increase its appeal to investors and prospective residents.

According to HotSpotting, Queensland’s second-largest regional economy will be strengthened in the coming years due to an influx of major projects that will further cement Toowoomba’s position on the national radar.

The region’s inclusion in Queensland’s successful bid to host the 2032 Olympics and the presence of Wellcamp airport already make it an attractive proposition; however, Hotspotting’s director, Terry Ryder, noted the $1.6 billion Toowoomba Second Range Crossing and $15 billion Inland Rail Link are “helping to cement the city as a [nationally] recognised intermodal transport hub”.

For these reasons, as well as the sturdy, lengthy performance of the region’s property market, Cotswood was included in the prestigious Smart Property Investment Fast 50 ranking for 2024, making it one suburb on every investor’s watch list.

Contact us today for great house & land package deals

29/07/2023

Plans from the Victorian Government.

From 1 January 2024, planning permits for new homes and residential subdivisions will only connect to all electric networks, with houses taking advantage of more efficient, cheaper and cleaner electric appliances.

What do you think?

29/07/2023

Hey there investors,

Property Market Group has another great opportunity for you! We are selling the cheapest blocks of land in the West of Melbourne in Bonnie brook. 265k for a 350sqm block. You cant get these prices in the retail market, these blocks are currently selling from 340k to 380k now in the area.

WE ONLY HAVE A FEW BLOCKS LEFT!!

We have a target return of 80 to 100% with the way the opportunity is structured. From previous land opportunities our investors have seen 100% to 200% returns within 10 years! This is a unique opportunity that can only be accessed through PMG.

If you want some of the best opportunities in real estate you have to speak to us!! We have a private community that take advantage of these exclusive deals not in the retail market. These blocks of land are a great opportunity to build wealth and build a great portfolio of real estate.

Wanna know more??? Please speak to the Property Market Group today!!

29/07/2023

Hey all investors,

I have some unique opportunities to invest in the development of a childcare centre. The returns are amazing and they are for 24 months maximum period. So you have the opportunity to get 30% in 2yrs.

If anyone is interested and want to know more please comment and we can organise a time to chat.

Discover the Property Market Group advantage now!

29/07/2023

Hey all first home buyers & investors!!!

At Property Market Group we have access to many properties right across Australia. Whether your looking for and full turn key package, a townhouse or an apartment we can help. We are connected with the best award winning builders in the country to offer our clients the best quality homes on the market.

We currently have some great opportunities for co-living properties ranging from 8 to 14% yields, we also have NDIS products available, we have dual key packages as well as duplexs on our books too!

For investors we can also help you source the tenants. Right now we have a lot of interest in Western Australia, Queensland & Victoria opportunities. We can cater for single contract SMSF investors also with a range of different properties around Australia.

We also have access to blocks of land for sale at massively discounted prices in the west of Melbourne and we have a full architectural design team to help you custom design your dream home.

So let's have a chat today and discover the Property Market Group advantage!!

04/04/2023

Sad news yesterday about the collapse of Porter Davis, a household name for many years. It can be really tough to find the right builder for your home. Unfortunately it can happen to anyone, so its great to have a good conveyancing lawyer to oversea the contracts of your property purchase, so if anything were to happen you have covered all your bases.

Where Property Market Group comes in handy is we help you every step of the way in making the right choices for your real estate future. We have options and solutions for most situations so you can prosper and thrive in any economic climate. We are blessed to have not encountered any of these type of issues with our builders and we hope we never do. We work really hard to ensure we offer the best opportunities and solutions for anyone looking to enter the real estate market. Always happy for a chat to clearly define your goals and aspirations and then create some possible strategies for success.

27/03/2023

These properties are becoming very popular due to the high rental returns on offer having 2 seperate tenants on the same block of land. Feel free to connect for a chat if you eould like to know more!

13/02/2023

This is how we help our clients with their goals. All about setting up a strategy for success. First we get rid of all the big debt like a home loan and help pay it off faster, then when that is done we use our development investments pay you a wage so you dont have to work if you dont want too. Then we make sure your on target to have a great life after retirement.

Nothing is safer than land investment!

11/02/2023

Welcome to Property Market Group. Our goal is to serve our clients as best we can by helping them with finance, plans & permits, building and land contracts, custom built homes, renovations and extensions, land aquisitons & building developments.

2023 is going to be a big year & we would love to connect, inspire, educate and grow financially with you.

We have events coming up that we'd love to invite you too as well. We would also love to share real estate opportunities and we will be having many individuals and businesses share their stories & experiences from all different sectors educating you on everything real estate.

So, please like and share this page as we have heaps of great content coming!

Kind regards

Geordie and the whole Property Market Group team