Mermaid Beach house values experience “extraordinary growth”

first_imgHedges Ave, Mermaid Beach. Picture: Regi VargheseThat’s an average jump of 8.7 per cent a year and well above Brisbane’s 5.9 per cent.Units in Paradise Point took second position, with the median apartment price increasing from$111,500 to $701,000, or 7.6 per cent annually.Aussie CEO James Symond said it wasn’t a surprise to see suburbs with strong demand from buyers on the Gold Coast performing better than Brisbane over the long term.As well as holding the record sale price for the Gold Coast with a $27 million sale in 2008, Mermaid Beach also holds the highest sale this year. 69 Seagull Ave, Mermaid Beach is on the market.Ross and Megan Jurisich are selling their Mermaid Beach mansion on Seagull Ave but are moving to another property in the suburb because they love the area so much.“We’ve been here just over 12 months and we’ve been in the neighbourhood for 10 years,” Mr Jurisich said.He said there were a number of reasons they loved the area, including the friendly neighbourhood and proximity to restaurants, cafes, bars and the beach.“We’re a stones throw to arguably one of the best beaches in the world,” Mr Jurisich said. House values in Mermaid Beach have jumped from $195,000 to $1.56 million over the past 25 years. Picture: Regi VargheseIF you bought a house in Mermaid Beach 25 years ago chances are your property is worth seven times more than what you paid for it.The Aussie/CoreLogic 25 years of housing trends report found Mermaid Beach experienced “extraordinary growth” in its median house price from $195,000 to $1.56 million over the past 25 years. People enjoy a swim on the beach, Mermaid Beach, Gold Coast. Picture: Regi Varghese“It just offers so much from a lifestyle perspective — it has a central location, is close to restaurants, private schools, shopping centres and the airport.“We are seeing fewer homes come to market and there’s lack of supply which is likely to contribute to the growth trend over the next 25 years.”Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 2:15Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -2:15 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD432p432p270p270p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenThe Gold Coast has grown up02:15Luke Henderson of John Henderson Professionals Mermaid Beach shared a similar view and predicted future growth to be boosted by the light rail expansion through the suburb.More from news02:37International architect Desmond Brooks selling luxury beach villa16 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days ago“We’ve still got a lot of growth in this current market,” Mr Henderson said.“I think the light rail will be a big drawcard here.” MEGA SALES MAKES COAST’S TOP 10 NEW APARTMENT SALES AT 12 MONTH HIGH center_img A property along Hedges Avenue in Mermaid Beach, Gold Coast. Picture: Regi VargheseThat records belongs to a beachfront house at 103-105 Hedges Ave that changed hands for $11.6 million in April through agent Michael Kollosche of Kollosche Prestige Properties.Mr Kollosche said the suburb’s appeal came down to the lifestyle it offered residents.“Mermaid Beach, unlike all of the other beachside suburbs does not have the high-rise zoning, which keeps it like a community village,” Mr Kollosche said. Ross and Megan Jurisich are selling their Mermaid Beach mansion on Seagull Ave. Gold Coast’s top 10 suburbs for value growth Suburb, 1993 median price, 2018 median price, total change in median over 25 years Mermaid Beach (houses), $195,000, $1.56 million, 700%Paradise Point (units), $111.500, $701,000, 528%Coolangatta (houses), $135,750, $835,000, 515%Burleigh Heads (houses), $141,000, $830,000, 488%Palm Beach (houses), 143,500, $820,000, 471%Miami (houses), $135,500, $770,000, 468%Paradise Point (houses), $181,100, $1.023 million, 465%Helensvale (units), $195,000, $1.1 million, 464%Broadbeach Waters (houses), $195,000, $1.1 million, 464%Hope Island (houses), $121,400, 685,000, 463% Source: Aussie/CoreLogic 25 years of housing trends reportlast_img read more

Canadian – Bahamian Friendship Celebrated in Treelighting

first_imgFacebook Twitter Google+LinkedInPinterestWhatsAppNew Providence, Bahamas, December 12, 2016 – Last weekend the Botanical Gardens lit up with holiday cheer at the opening of its annual Christmas Village.  The center of the celebrations was the lighting of a soaring, twenty-foot tall Christmas tree, donated by The Canadian Cultural Committee, with assistance from CIBC FirstCaribbean.The tree is a gift from the Canadian community to the people of the Bahamas to symbolize the longstanding friendship between the two Commonwealth countries. The Canadian community in The Bahamas is large and longstanding and hundreds of Bahamian students are educated in Canada each year. The annual tree-giving tradition has been celebrated for over four decades, and according to Peter Goudie, President of the Canadian Cultural Committee, “is our way of saying thank you to the Bahamian people.”For the past four years, CIBC FirstCaribbean has helped to defray cost of the gargantuan tree with a donation to the Canadian Cultural Committee. Mr. Goudie states that this too is an important symbol.  “CIBC FirstCaribbean, as both a Canadian and a Caribbean bank, is in its own way a representation of the friendship between Canada and the entire region,” said Mr. Goudie.  “Canadian affiliate banks like CIBC FirstCaribbean have a long and rich history here. We thank them for their support in this annual event.”The tree was lit and presented by Mr. Goudie at a ceremony at The Botanical Gardens on Saturday, December 10.  Senator Gregory Burrows symbolically accepted the tree on behalf of the Bahamian Government and people.CAPTION: Peter Goudie of the Canadian Cultural Committee accepts a donation cheque from Lorraine Johnson, Branch Manager at CIBC FirstCaribbean Bay Street Branch. Recommended for you Facebook Twitter Google+LinkedInPinterestWhatsApp Electricity Cost of Service Study among the big agenda items at September 11 Cabinet meeting ALERT # 2 ON POTENTIAL TROPICAL CYCLONE NINE ISSUED BY THE BAHAMAS DEPARTMENT OF METEOROLOGY THURSDAY 12TH SEPTEMBER, 2019 AT 9 PM EDTcenter_img Related Items:#magneticmedianews #MagneticMediaNews The Luxury of Grace Bay in Down Town Provolast_img read more

Rust 134 releases with alternative cargo registries stabilized TryFrom and TryInto and

first_imgYesterday, the Rust team announced the release of Rust 1.34. This release introduces alternative cargo registries, includes support for ‘?’ operator in documentation tests, stabilized TryFrom and TryInto, and more. Support for alternative cargo registries Rust provides a public crate registry called crates.io where developers can publish crates with the cargo publish command. However, as this crate registry is not for people maintaining proprietary code, they are forced to use git or path dependencies. This release brings support for alternate cargo registries, which coexists with crates.io. So, users will now be able to write software that depends on crates from both crates.io and their custom registry. Support for the ‘?’ operator in documentation tests It was proposed in RFC 1937 to add support for the ‘?’ operator in the main() function, #[test] functions, and doctests allowing them to return Option or Result with error values.  This ensured a non-zero exit code in the case of the main() function and a test failure in the case of the tests. Support for the main() and #[test] functions were already implemented in previous versions. However, in the case of documentation tests, support for ‘?’ was limited to doctests that have an explicit main() function. In this release, the team has implemented full support for ‘?’ operator in doctests. Stabilized TryFrom and TryInto The TryFrom and TryInto traits that were proposed in an RFC back in 2016 are finally stabilized in this release to allow fallible type conversions. A ‘Infallible’ type is added for conversions that cannot fail such as u8 to u32. In future versions, the team plans to convert Infallible to an alias for the (!) never type. Library stabilizations This release comes with an expanded set of stable atomic integer types with signed and unsigned variants from 8 to 64 bits available. In the previous versions, non-zero unsigned integer types, for example, NonZeroU8 were stabilized. With this release, signed versions are also stabilized. The ‘iter::from_fn’ and ‘iter::successors’ functions are also stabilized. To know more about the updates in Rust 1.34, check out its official announcement. Read Next Chris Dickinson on how to implement Git in Rust The npm engineering team shares why Rust was the best choice for addressing CPU-bound bottlenecks Rust 1.33.0 released with improvements to Const fn, pinning, and more!last_img read more