New hospital on the Sunshine Coast is boosting the housing market

first_imgSunshine Coast land values and house and land packages experiencing boom driven by new Sunshine Coast University Hospital.SUNSHINE Coast vacant land values are set to continue their upward trend with house and land packages the standout performer, as the positive impact of the new University Hospital takes affect. Ray White Land Marketing director Jamie Martin said in the 12 months to June, 2016, the median price paid for land reached a new high of $567sq m, while house and land packages had shown three consecutive years of volume increases.Mr Martin said in the “Between the Lines — Sunshine Coast Vacant Land Report February 2017” that median land values had grown 4.02 per cent to $259,000 over the last year.More from newsMould, age, not enough to stop 17 bidders fighting for this home2 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor8 hours ago“House and land package sales have been the stand out performer for this region, increasing their volume of sales each year for the last three years,” Mr Martin said.“There were 268 sales recorded in the year to June 2016, ahead of the 2015 and 2014 results of 253 and 185 respectively. “This number of sales is the highest recorded since 2008, highlighting the attractiveness of these packages resulting in a 6.45 per cent increase in value in the last year to $495,000.”Ray White Commercial head of research Vanessa Radar said the Sunshine Coast market was benefiting from strong investment into infrastructure projects, which is expected to continue with the opening of the Sunshine Coast University Hospital“Support businesses have been looking to position themselves around these projects and the increased population growth has confirmed the boost in employment demand across the region,” Ms Radar said.“This has been further emphasised by the improved result across the Sunshine Coast office market which, according to the Property Council, has seen vacancies fall from 14.1 per cent back in 2013 to the low of just 6.9 per cent in January, 2017.”last_img read more

Badminton News Olympian Sindhu only sportsperson in Forbes India’s maiden 22’ tycoons of tomorrow’ list

first_imgMumbai: Badminton player and Olympian PV Sindhu is the only sportsperson featuring in the Forbes India’s maiden ‘tycoons of tomorrow’ list of 22 young achievers in the fields of business, acting and sports.Other prominent names in the list are Karan Adani, chief executive of Adani Ports & Special Economic Zone; Anant Goenka, group executive director of Indian Express; Ashni Biyani, managing director of Future Consumer; and the Birla scion Ananya Birla, founder of Svatantra Microfinance, co-founder, CuroCarte and co-founder of Mpower.Also Read | From United Nations, Donald Trump sends ‘love’ to India, regards to ‘friend’ ModiThe magazine, known for its annual rich list, said this is an India-specific property adding the ranking is not based on their networth alone.The list also includes Radha Kapoor Khanna, the daughter of Yes Bank CEO Rana Kapoor and founder of The Three Sisters: Institutional Office; Nadia Chauhan of Parle Agro fame; PC Musthafa, co-founder of iD Fresh Food; Girish Mathrubootham, founder of Freshworks.Other names are Nikhil Kamath and Nithin Kamath, the co-founders of Zerodha; Ameera Shah of Metropolis Healthcare; Siddharth Bindra of Biba Apparel; Anant Goenka of Ceat; Upasna Kamineni Konidela of Apollo Hospitals and Vikram Shroff of UPL.Real estate developer Lodha group’s Abhishek Lodha; Archit Gupta, founder of Cleartax; Zorawar Kalra, founder of Massive Restaurants; actors Vicky Kaushal and Bhumi Pednekar; Ankur Jain, founder of Bira 91 beer and Ritesh Agarwal of Oyo Rooms also feature in the list.Read More | NSUI national secretary Akshay Kumar submitted fake degree for admission in PhD course: DU official“The list recognises the scions of family-managed businesses, first-generation entrepreneurs, and actors and sportspersons, who have displayed the dynamism to revitalise an existing enterprise, or have created something new, and, in the process, redefined the rules of business, industry or their craft,” the magazine said.It clarified that the ‘tycoons of tomorrow’ is not a ranking but a qualitative selection based on a long-list compiled by the Forbes India team, and suggestions made by a six-member jury. For all the Latest Sports News News, Badminton News News, Download News Nation Android and iOS Mobile Apps.last_img read more