Friday, December 19, 2014
   
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IKEA TO OPEN BRISBANE'S SECOND STORE IN NORTHLAKES.

It was reported this week that giant home store, Ikea, would build a second Brisbane store in an area adjoining  Northlakes in Brisbane's northern suburbs.

Expansion continues in this ever expanding area.

Also heard that nearby suburb, Eaton's Hill has just opened Australia's largest new Tavern featuring 8 bars.  Something is expanding in the area!!

 

 

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Making Money News

  • According to CoreLogic RP Data head of research Tim Lawless the housing market is moving into the 2015 calendar year with some substantial momentum, with dwelling values 8.5 per cent higher compared with a year ago across the combined capitals. The growth comes on a backdrop of slowing conditions though, with the annual rate of capital gain peaking early in the year at 11.5 per cent over the 12 months ending April.

  • Vacancy rates across Sydney remain flat as a result of the inner city carrying outer suburbs, according to the Real Estate Institute of New South Wales (REINSW).

  • National residential property website realestate.com.au has released its quarterly ‘Top Sellers’ Markets’ figures, which reveal that South Australia is in the lead when it comes to demand from potential buyers searching on the website.

  • A recommendation to abolish leveraging in self-managed super funds (SMSF) has received stern criticism from advisory firm Chan and Naylor.