Construction Update – The Millstone (August 2018)

(Photo taken in late June 2018)

Estimated Settlement Dates 

  • Stage 1 & 2: 3rd quarter 2018
  • Stage 3: 4th quarter 2018
  • Stage 4: 2nd quarter 2019
  • Stage 5: 4th quarter 2019
  • Stage 6: 1st quarter 2020

Disclaimer: Information above is good at the date of post and is an estimate from the vendor.

 

 

Major construction is well underway on the Ballarat Line Upgrade.

The project will deliver more services and improved reliability for Melbourne’s outer-western suburbs, Bacchus Marsh, Ballan and Ballarat. In recent months we’ve made some major progress. 

In early May, while coaches replaced trains, the largest program of works yet took place on the Ballarat Line Upgrade.

Over the course of four days 200 of our team worked night and day at sites stretching from Caroline Springs to Millbrook.

More than 15 kilometres of safety fencing has now been installed, meaning we can get on with adding a second track between Caroline Springs and Melton.

Also underway is construction on the Rockbank Station rebuild, a new rail bridge over Toolern Creek, new stabling at Maddingley and a passing loop at Millbrook.

All of which gets us closer to more frequent and reliable services.

(Source: regionalrailrevival.vic.gov.au)

 

Link to full article:

http://regionalrailrevival.vic.gov.au/__data/assets/pdf_file/0019/310924/RRR-Ballarat-Line-Newsletter-Winter-2018.pdf

 

 

 

Construction Update – Bridgefield (April 2018)

Estimated Settlement Dates

  • Stage 1 – 4: 4th quarter 2018
  • Stage 5 – 7: 1st quarter 2019
  • Stage 8 – 10: 2nd quarter 2019
  • Stage 11 – 13: 3rd quarter 2019

Disclaimer: Information above is good at the date of post and is an estimate from the vendor.

Atherstone, Middle Park – Melton South (April 2018)

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The Star Residences – Gold Coast (April 2018)

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QLD population to hit 5 million, driving housing demand

23 March 2018

Queensland’s population is projected to reach 5 million in a couple of months, according to the ABS today, and this is translating to a strong property market in the Sunshine State.

REIQ Chairman Rob Honeycombe said Queensland real estate market, and the wider Queensland economy, would benefit from such strong growth.

“Queensland grew by 81,000 people last year, and we were the most popular state for internal migration, growing more than any other state in the year to September 2017.

Overseas migration added 31,000 to Queensland’s population, which was almost 40 per cent of all new residents in the year to September 2017.

“Last year, $54 billion of Queensland residential real estate was bought and sold,” Mr Honeycombe said.

“Our popularity means demand for housing is growing and this is good news for some of our weaker markets such as the inner Brisbane apartment market and regional Queensland,” Mr Honeycombe said.

“Of course, there are pockets where housing supply is tight and this population growth is placing pressure on markets such as the Sunshine Coast and the Gold Coast, where prices are rising steady and vacancy rates are at historic lows.

“These areas would benefit from increased supply and, in fact, both the Sunshine Coast and Gold Coast have additional levels of supply coming to market in the near future.

The ABS data revealed 12,000 of our 19,000 net internal migrants were from New South Wales.

“We have known for some time that many southerners are also moving to regional Queensland, seeking a peaceful lifestyle change.

“Downsizers and pre-retirees are selling their Sydney property to move to regional coastal towns, sucreh as Bundaberg and the Fraser Coast, to buy waterfront property and a great lifestyle,” Mr Honeycombe said.

“Queensland real estate offers great value and this is why it underpins the state’s economy. When real estate performs well, everyone benefits,” Mr Honeycombe said.

Source: REIQ (March 2018)

 

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Brisbane’s A$5.4 billion Cross River Rail Project

20 Feb 2018

The Queensland Government has shortlisted companies for the contract to build Queensland’s highest priority infrastructure project, Cross River Rail.

“Cross River Rail is a transformational project that will unlock the bottleneck at the core of our transport network and increase its capacity to deliver ‘turn-up-and-go’ public transport,” Ms Trad said.

“It will also generate 7,700 jobs during construction, and stimulate decades of economic development opportunities right across South East Queensland.

Video on  Brisbane’s A$5.4 billion Cross River Rail Project:

 

To read more about the Cross River Rail, please click on the link below:

https://www.crossriverrail.qld.gov.au/