Price of land doubled over decade and it’s expected to get worse fast

If you waited a decade to buy land in SEQ, you will have found prices have doubled.THE price of land in this part of South East Queensland has doubled in the past decade with experts warning the situation is expected to get worse amid limited new supply coming on-stream.Latest data from property research firm Oliver Hume found the price per square metre for vacant land sales, on the Gold Coast corridor especially, went from $312 per square metre in 2007 to $620 in 2017.It found that land sales prices had increased for four consecutive years, while lot sizes had been decreasing two years in a row.More from newsMould, age, not enough to stop 17 bidders fighting for this home4 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor4 hours ago“Over the last 10 years, from March 2007 to March 2017, median prices have grown 22 per cent, however average lot size has decreased 38.5 per cent during this period while price paid per sqm has increased from $312/sqm in 2007 to $620/sqm in 2017,” the research found. “The average price per square metre ($/sqm) has increased at a significantly higher rate of 98.7 per cent over the last 10 years.” The corridor between the Gold Coast and Brisbane has seen rapid growth in demand including Coomera.Oliver Hume Queensland managing director Brinton Keath said “prices have and will continue to rise while there is such a shortage of new land coming on to the market”.He said the surge was driven by the search for affordability in master planned communities that were still close to services and facilities.“Several unique factors are combining to spark strong activity in the southeast Queensland residential land market, particularly in the Gold Coast region,” he said. “Demand from offshore buyers, strong population growth, and a strong construction sector all contribute to the demand for new house and land.“These factors combined with a lack of land stock are generating strong buyer activity from both ‘warm’ and ‘hot’ buyers who have identified infrastructure activity as a hallmark of growth, and are rushing to capitalise on the potential growth.” read more

Whigham gets another shot at Florida State after life-threatening injury in Tallahassee last season

first_img Published on October 10, 2014 at 1:12 am Contact Sam: | @SamBlum3 Facebook Twitter Google+ Julian Whigham has been preparing for this moment for 11 months. The last time the Syracuse cornerback took the field against Florida State, he left it on a stretcher with his own blood staining the Seminoles’ end zone. A game of football in front of family and friends near his West Palm Beach, Florida home had turned into a life or death situation.“That injury, that down time and all that thinking, you find a lot of things to go after,” Whigham said. “Over the spring and during the summer, it was like, ‘Why can’t I be the best?’… Being cut short last year was difficult. It hurt, because I love those platforms.”On Saturday at noon, a fully healthy Whigham will get a chance to take on No. 1 Florida State (5-0, 3-0 Atlantic Coast) almost a year after suffering a season-ending injury on the Seminoles’ field.Late in the first quarter of what would end up being a 59-3 Syracuse loss at FSU on Nov. 16 last season, Whigham hit the ground after Florida State’s Rashad Greene caught a touchdown pass. At first, Whigham had thought the wind had just been knocked out of him. Then he got a choking feeling in his throat and he started vomiting blood. Acid came up as well and he couldn’t breathe. AdvertisementThis is placeholder textIn the ambulance ride, he cried and feared for his life. Around him, paramedics were working on him, looking at him, telling him he’d be all right. Old scar tissue had ripped in his esophagus where he had surgery to deal with a rare disorder called Achalasia, which makes it hard for food to move to the stomach. Once Whigham got to the hospital, he was stabilized. He wanted to make it back in time for SU’s bowl game on Dec. 27, but that was unrealistic. Instead, he built up his strength, recovered and prepared. He entered the 2014 season boasting that he wanted to be the best in the ACC. And while he admits that goal hasn’t been achieved, he believes it’s still attainable.“Not being able to play last year was that big motivation for being one of the best in the ACC this year,” Whigham said. “I love top competition, like Florida State or Clemson, and I want to play as well as I can for these types of games.”Whigham’s issues with his esophagus started after his sophomore year at Dwyer (Florida) High School. He went from a player Dwyer head coach Jack Daniels said could have been an All-American safety to one that had trouble keeping his weight above 150 pounds.His surgery forced him to lay off solid foods. While his friends went out for wings after practice, he’d be on a smoothie and ice cream diet. In his junior season, he had lost 20 pounds, was frail and couldn’t practice with the energy he’d once had, Daniels said.“I don’t think he wanted anyone to know what was going on with him,” Daniels said. “I had to find out from (his mother) exactly what was going on. Julian wasn’t forthcoming with any of it, he didn’t make excuses or anything. He went out and played.”His senior season was a better one. He gained back his strength and his abilities followed suit. And in order to play this current season, he had to go through a similar process. During spring practices, SU defensive coordinator Chuck Bullough said Whigham wasn’t hitting as hard. It was a process to get back that took longer than Whigham wanted, but one he was determined to make fully.“His diligence to work hard and get through an injury is admirable,” SU head coach Scott Shafer said.It was against Florida State last year where a season went off the rails and a once-closed wound was reopened.This week Whigham posted the Florida State grade sheet on his board and looks at it every time he gets up in the morning — it’s motivating him to want to do more. He’s no longer recovering. He’s preparing.“I need to get better, I need to get better, work on technique, work on something,” Whigham said. “It’s really pushed me to get to where I’m at and then pushed me to keep getting better.“I expect to play the whole game.” Commentslast_img read more