Cairns News Report – 15th September 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:

  • Qantas to boost aircraft seats between the Far North and the southern capitals by almost 6000 over the next two months;
  • Builders are being warned of a tradie crisis if predictions of a major construction trade shortage next year prove correct; and
  • Completing the so-called ring road linking the national highway to the Smithfield roundabout, airport and shipping port reveals the estimated cost to be well above what has been pledged by government.

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

 

Cairns a steady performer, Cairns Post e­-Paper – The Cairns Post ­ – 10 Sep 2018

PROPERTY in Freshwater, Parramatta Park, Caravonica, Edge Hill and Brinsmead are posting some of the region’s best real estate returns with the biggest gains in value over the past five years. The latest Real Estate Institute of Queensland Market Monitor revealed that the Cairns house market had been a steady performer for the past year, with the median price increasing by 1.2 per cent from $405,000 in June 2017 to $410,000 in June this year.

Qantas opens up Far North flights, Cairns Post e­-Paper – The Cairns Post ­ – 10 Sep 2018

CAIRNS industry has been issued a call to support a boost of almost 6000 aircraft seats between the Far North and the southern capitals. Between September 17 and November 11, Qantas will put the much larger Airbus 330 planes on selected routes between Sydney and Melbourne, mostly on weekends. The aircraft have the capacity to carry 335 passengers, compared to the current Boeing 737 aircraft, which carry up to 215 passengers.

Acreage buyers push up prices, Cairns Post e­-Paper – The Cairns Post ­ – 11 Sep 2018

BUYERS after acreage and others “landbanking” for the future are behind the Cassowary Coast’s impressive jump in medial value over the last year. Elsewhere outside of Cairns, though, it is a tale of mixed fortunes among property investors in the Far North. Homes on the Cassowary Coast have posted the biggest annual medial sale price increase over the past year in contrast to tourist mecca Port Douglas which experienced the largest drop in value.

It’s highway robbery, Cairns Post e­-Paper – The Cairns Post ­ – 12 Sep 2018

A NEW report reveals completing the national highway from Portsmith to Cairns Airport will cost $157 million. The figure is nearly $86m short of what is required under the traditional 80 per cent-20 per cent federal-state share. Federal Labor leader Bill Shorten has only pledged $40m for the project to be matched by the State Government to total $80m under a 50:50 split.

Stoush over billabong, Cairns Post e­-Paper – The Cairns Post ­ – 13 Sep 2018

Regional Council has dismissed claims a northern beaches developer has illegally buried a billbong used by a local population of agile wallabies. The Agile project has claimed on social media that Bluewater housing estate’s developers had filled in the last permanent fresh body of water in the trinity beach area.

Row on CPAC’s cladding hots up, Cairns Post e­-Paper – The Cairns Post ­ – 13 Sep 2018

SPARKS are flying over flammable cladding as the Cairns Performing Arts Centre budget balloon threatens to pop. Mayor Bob Manning told yesterday’s Cairns Regional Council meeting the project was forecast to cost $71.1 million – up from $70.4 million at last count and the original $66.5 million launch estimate.

It’s twice as much luxury, Cairns Post e­-Paper – The Cairns Post ­ – 13 Sep 2018

DESPITE recent statistics painting Port Douglas as dwelling in the real estate doldrums, interest from southern buyers is ramping up again. The latest Real Estate Institute of Queensland Market Monitor revealed Port Douglas recorded a 7.5 per cent fall in annual median sale price to $600,000 over the past year. The town’s five-year figures looked much better though at an 18.1 increase to $470,000.

Call to upgrade freight to Asia, Cairns Post e­-Paper – The Cairns Post ­ – 12 Sep 2018

CO-OPERATIVE Research Centre for Developing Northern Australia chairwoman Sheriden Morris has called for a rethink of freight and supply chains across North Australia to take advantage of close and willing trade partners in Asia.

Retirement resort in pipeline for new year, Cairns Post e­-Paper – The Cairns Post ­ – 14 Sep 2018

BOTANICA’S conceptual transformation into a combination of luxury residential and retirement resort has taken a step forward. Stylish architecture, tropical landscaping, walking trails and a country club have all been revealed as part of the new Botanica Lifestyle Resort residential precinct for over-50s.

Freshwater station’s $4.8m facelift complete, Cairns Post e­-Paper – The Cairns Post ­ – 14 Sep 2018

PASSENGERS boarding the Kuranda Scenic Railway at Freshwater station are noticing a new covered walkway and a platform extension which is part of a $4.8 million facelift to the most visited station in Far North Queensland. Member for Barron River Craig Crawford said the project had boosted efficiency and the customer experience at the station, delivering improvements to the station’s coach and bus interchange, carparking and platform facilities, as well as a new transit shelter.

Housing lots to shrink in south, Cairns Post e­-Paper – The Cairns Post ­ – 12 Sep 2018

GORDONVALE’S reputation for sprawling rural blocks is slowly fading as appetites grow for smaller-lot living. Cairns Regional Council is today expected to give preliminary approval to a 255-lot subdivision with an average block size of 537sq m – a far cry from the substantial land tracts the township is known for. Developer Draper Road Investments has flagged lot sizes from 450sq m to 994sq m and three parks spread over 8570sq m.

Public to evaluate port plans, Cairns Post e­-Paper – The Cairns Post ­ – 14 Sep 2018

A MARKET square and a new flooded “cove” to make room for a boat ramp have made the cut in a blueprint for future development on the port Douglas foreshore. Douglas Shire Council’s draft masterplan for the town’s southern waterfront includes more parking, room for marina development and a defined tourism and seafood precinct.

Revamp plan will involve drones, Cairns Post e­-Paper – The Cairns Post ­ – 14 Sep 2018

DRONES will be deployed over the Great Barrier Reef in two months to help scientists harvest coral spawn for a “supercharged” Reef restoration effort. Researchers will attempt to gather millions of coral eggs and sperm, during the annual coral spawning event off the Far Northern coast in November, to grow new coral larvae that will be released to restore damaged parts of the Reef.

No funds Shorten-fall, Cairns Post e­-Paper – The Cairns Post ­ – 13 Sep 2018

BILL Shorten has defended himself after the Cairns Post revealed an $85.6 million shortfall in his plan to extend the National Highway to the Cairns Airport. The Opposition Leader said his $40 million pledge towards a $157 million project was an icebreaker when Leichhardt MP Warren Entsch could not muster up a red cent.

Healthy growth spurt for Mareeba, Cairns Post e­-Paper – The Cairns Post ­ – 15 Sep 2018

MAREEBA has piped Innis fail to become the lergest district town in the far North region outside of cairns, according to latest census data. Outlined in a new report by Cummings Economics, Mareeba has experienced an 18 percent growth in the 10 years from 2006-16.

Mayors’ raid on capital, Cairns Post e­-Paper – The Cairns Post ­ – 15 Sep 2018

CHRIS CALCINO ministers in Brisbane on Tuesday and in Canberra on Wednesday in their effort to progress a plan to develop an intermodal transport hub on Admiralty Island, among other things. “We’re not after any great lots of money for the port development – that’s a 25 to 40year project,” he said.

Builders warned of tradie crisis, Cairns Post e­-Paper – The Cairns Post ­ – 15 Sep 2018

BUILDERS from Townsville will have to be shipped into Cairns if predictions of a major construction trade shortage next year prove correct. Construction Skills Queensland director of data and evidence Robert Sobyra has looked into his crystal ball and forecast a 21 per cent labour shortfall in Cairns in 2019. He believed construction was booming in Far North Queensland with the growing workload outpacing growth in apprenticeships.

Agents dispute bleak city report, Cairns Post e­-Paper – The Cairns Post ­ – 15 Sep 2018

“When you look at the city overall there isn’t much residential accommodation available.” Ms Anderson said one city apartment received 263 hits on realestate.com.au in 12 hours. LJ Hooker Edge Hill principal Ross Moller said Cairns was starting to emerge from the doldrums. “We have had nothing built for 10 years. “We need some new product which will drive prices up. Someone has to have the money and the optimism to do that,” he said.

 

cairns mortgage broker jason thomson

 

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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