Cairns News Report – 15th December 2018

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Welcome to this weeks edition of my Cairns News Report, a complimentary ‘week in review’ of all the pertinent news stories on what’s happening around Cairns.

A few of the top news stories over the last week included:

  • A luxury 76-room hotel with a rooftop bar over the busiest McDonald’s restaurant in Cairns has the thumbs up to start construction next year;
  • Gordonvale’s future as a satellite town has been future-proofed with the approval of an ambitious $8.7m park development; and
  • Speed limit cut from 50km/h to 40 km/h in the CBD, on roads bounded by The Esplanade, Spence, McLeod and Florence Streets.

If you missed any of the top Cairns news stories from last week – here they all are in full below. Just click the title to read the full story.

If you ever have any comments or queries, or if I can help you in any way, please don’t hesitate to connect with me. I’d love to hear from you!

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cairns mortgage broker jason thomson

 

Buyers Size up value of Units Cairns Post e­-Paper – The Cairns Post ­ – 10 Dec 2018

Investors or those looking to downsize from big family homes to a compact apartment will get the best returns in Edge Hill, Westcourt and Bungalow. The Queensland Market Monitor report for 2018 said the three inner-city suburbs posted the largest annual increase in median price in the range of 4- 5.6 percent.

Foreign Backing Unease for hub Cairns Post e­-Paper – The Cairns Post ­ – 11 Dec 2018

The designation of Cairns port as acritical piece of defence infrastructure has called into question potential foreign investment for the State Government’s global tourism hub casino venture. Former Australian Army chief Lieutenant General (Ret.) John Grey said the new federal classification revealed by the Cairns Post on Saturday could have serious implication under Section 51 of  the Constitution.

China Visitor numbers still flying high Cairns Post e­-Paper – The Cairns Post ­ – 11 Dec 2018

Despite warning of a Chinese economic slowdown, tourism leaders maintain hope visitor numbers will remain strong over Chinese New Year. The news comes as China Eastern Airlines returns to Cairns from Friday operating 36 flights over the next 12 weeks.

Slam on the brakes Cairns Post e­-Paper – The Cairns Post ­ – 12 Dec 2018

Cairns Regional council will today vote on reducing speed limits in the CBD aimed at improving our dangerous crash road.  A new study found there were 171 crashes causing death, injury or requiring medical attention in the city centre from 2013-2017. The Department of Transport and Main Roads has recommended to cut the speed limit from 50km/h to 40km/h on roads bounded by the Esplanade, Spence, McLeod and Florence Sts.

New builds on the rise Cairns Post e­-Paper – The Cairns Post ­ – 12 Dec 2018

Tradies in Cairns will benefit from the latest batch of building approval, with $21.1 million in new homes given the go-ahead by the council. Figures released this week show 64 new homes received the green light in October, bringing the total of approved residential building projects to 897 for the year. Up to October, houses made up most of the building approvals (52.9 per cent) for the year. Units accounted for 42.9 per cent.

Plans for bypass changes criticized Cairns Post e­-Paper – The Cairns Post ­ – 12 Dec 2018

CHANGES to the southern on-ramp of the proposed Smithfield bypass have drawn criticism from a northern beaches councillor, with some motorists agreeing the new route is the inferior option. Late last month, the State Government announced the $152 million bypass would run between the Caravonica roundabout and rejoin the Captain Cook Hwy at McGregor Rd, an amendment on the original plan which was to begin at the Yorkeys Knob roundabout.

Slow and steady recovery Cairns Post e­-Paper – The Cairns Post ­ – 12 Dec 2018

The city’s relatively small industrial sector is showing the strongest demand in the CBD according to Herron Todd White’s December 2018 Month in Review report. Both Cairns and Gladstone were the only Queensland cities to be at the start of a property cycle recovery. Most others were at the bottom of the market, or a rising market. “Though we now perceive the industrial market to be entering a recovery phase, industrial property sales remain slow,” the report read.

Hotel set to go up in 2019 Cairns Post e­-Paper – The Cairns Post ­ – 13 Dec 2018

A LUXURY 76-room hotel with a rooftop bar over the busiest McDonald’s restaurant in Cairns has the thumbs up to start construction next year. Esplanade Central developers Adams Motor Group owners Adam and Katrina Adams and Paul and Kim Kelly of Kelly Developments bought the property for $8.75 million in 2016.

L-Platers left in charge Cairns Post e­-Paper – The Cairns Post ­ – 13 Dec 2018

CONFLICTS of interest have led to a default pick of two independent councillors and the mayor to oversee one of the city’s most important developments of the decade. It left one Cairns Regional Councillor feeling like the least qualified “little fat kid” only chosen on the team because the teacher said he had to be. Cairns Regional Council has received a suite of development applications from Ports North relating to the upcoming Trinity Inlet dredging project beginning in May.

Rise of the South Cairns Post e­-Paper – The Cairns Post ­ – 13 Dec 2018

GORDONVALE’S future as a satellite town has been future-proofed with the approval of an ambitious $8.7m park development. Cairns Regional Council yesterday put its stamp of approval on a 10-year plan, which will transform the neglected 5.7ha Kenrick Street Park into a must visit destination in the region.

PNG flights will resume Cairns Post e­-Paper – The Cairns Post ­ – 14 Dec 2018

The national carrier has announced that its regional arm, QantasLink, would resume daily flights between Cairns and Port Moresby from March 31, 2019. The service, which is operated by a 74-seat Bombardier Q400 aircraft, will complement Qantas’ existing services between Brisbane and Port Moresby. The Cairns-PNG service was cut by the airline in August 2016, due to high demand for flights to Bali.

Crystalbrook collection unveils newest hotel development  Evemote.com ­ – 14 Dec 2018

CRYSTALBROOK collection is gushing at the arrival of its newest bundle of joy Kingsley – a five start little brother for Riley, Bailey and Flynn. The growing hotel empire owned by Syrian billionaire Ghassan Aboud won a bidding war to buy Newcastle City Council’s former ‘roundhouse’ administration centre.

Curtain goes up at CPAC Cairns Post e­-Paper – The Cairns Post ­ – 15 Dec 2018

The predatory behaviour of Cyclone Owen has provided a dramatic backdrop to tonight’s long-awaited opening of the Cairns Performing Arts Centre. The heaviest of falls from the approaching storm are likely this afternoon but it will not stop Mayor Bob Manning from finally celebrating the official opening of the $71.5m theatre.

Values increasing on Port Douglas fringe Cairns Post e­-Paper – The Cairns Post ­ – 15 Dec 2018

Craiglie has posted the greatest five-year gain in median values for not only the Douglas Shire Council local government area, but also Cairns. Homes in the region south of Port Douglas have grown 8 per cent. The median house price is $587,500. In Cairns, Parramatta Park was the best five-year performer, with growth of 5.5 per cent. Median house prices are $457,750.

Traffic lights scrapped for intersection Cairns Post e­-Paper – The Cairns Post ­ – 15 Dec 2018

CAIRNS Regional Council has canned plans to install traffic lights at the end of Kamerunga Rd in Redlynch. Division 6 councillor Linda Cooper said the idea of installing lights at the busy intersection was unpopular with businesses, which thought the lights would impact sales. She indicated council had gone back to the drawing board to find a solution to manage high traffic flows and pedestrian safety.

SilkAir plans lift tourism Cairns Post e­-Paper – The Cairns Post ­ – 15 Dec 2018

Daily flights between Cairns and Singapore will kick off in June next year as Silk Air adds two extra services to the route. The Singapore Airlines subsidiary’s growth is tipped to deliver an extra $20.6 million to the Queensland economy following campaigning by Tourism and Events Queensland and the Cairns Airport through the Attracting Aviation Investment Fund.

 

 

Cairns Mortgage Broker – Jason Thomson is a Mortgage Adviser and Finance Broker based in Cairns with clients all around Australia. Over 100 client reviews featured on his website prove that Jason is a trusted industry professional, facilitating great outcomes for his clients. Using his wealth of experience in financial services, he thrives on delivering superior service. Jason is very approachable and is always looking for new clients to help in the often confusing world of finance and property. Offering a no fee service, you’ve got nothing to lose by having an obligation free chat with Jason today.

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