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Posts Tagged with Brisbane neighbourhoods

Posted by Rob Honeycombe on 21 August 2008

South BankThere’s a buyer ‘hook’ for real estate advertisements that’s drawing crowds: use the word “village”, over and over again! In an increasingly global world it seems the appeal of a small, friendly community is growing enticement for home-buyers who’ve tired of anonymous streets and shopping mega-centres.  While the traditional villages had a town hall, church and a village green, Brisbane’s residents are more likely to seek out spots with a choice of sidewalk cafes, bars and boutique shopping (or at least the big brands that feel boutique). In truth of course most don’t really want to get to know their neighbours that well, but they love the idea of living in a place with a strong sense of community. And they want to be within walking distance of all this.

 

We’d suggest the ‘social glue’ in the more successful village atmospheres in Brisbane is a number of workplaces in each neighbourhood’s core. Planners refer to the “18 hour day”, with the buzz of workers keeping the place alive by day and the energy of crowds dining and socialising by night. And a recent announcement by the Queensland Government may be about to give this a kick along. By 2017 20% of the Government’s CBD office space, and around 5,600 public servants, will be moved out of the city centre. While easing pressure on roads and public transport it’ll also give many employees the opportunity to work closer to home. (Not to mention the $188million taxes we’ll save through cheaper rents.) Inner city areas proposed to house the new offices include Bowen Hills and Buranda/Boggo Rd.

 

If people want to live, work and play in the one village area then bringing workplaces back to the suburbs makes sense. Especially with communications technology the way it is – do offices need to bundled near eachother? Why couldn’t more neighbourhood shops have offices above? And why couldn’t they be 5-10 storey buildings, with local amenity all within walking distance?

 

And the other big benefit is health. Increasing levels of ‘walkability’ in a neighbourhood decrease the risks of excess weight. According to a study reported in a recent American Journal of Preventive Medicine, if you double the proportion of neighbourhood residents walking to work it decreases an individual’s risk of obesity by almost 10%. A return to village living, with shaded footpaths and pedestrian-friendly design might be just what we need. Then at least we might get out and walk to the local hamburger restaurants!

Posted by admin on 9 July 2008

house constructionIf you’ve noticed your neighbours pacing up and down their yard lately there mightn’t be any need for concern! There’s a relatively new and growing trend for home owners who love their address but not their house: push it over and build another!  Many of inner Brisbane’s houses were built prior to 1946 and they usually carry the Council’s character protection limitations. But now the suburbs that are home to those sexy boxes built in the 1950’s and 60’s are growing in appeal – and value – to the point where demolition and new construction is starting to pop up more regularly. Of course new homes on split blocks (1’s into 2’s) have been going up for years, but we’re now seeing single homes bulldozed for larger family dwellings. One savvy home-owner we spoke to recently has a brand new house in planning for his soon to be vacant Camp Hill block, and that’s a suburb where the trend is really taking hold, especially along ridgelines with city views.

A good move? It’s hard to make the case as an investment in the short to mid term, possibly replacing your ‘worst house best street’ with a ‘best by a mile house’, and the area’s median value dragging your price down. But from a lifestyle point of view a new home can make a lot of sense. You know the neighbourhood and there’s no surprises – and you needn’t commute to the outer burbs to have low maintenance, stylish living.

The most visible examples of rebuilding are in the CBD at the moment, with “Fridays” and the Black Ink office building in Eagle Street crumbling before our eyes, their former sizes deemed underutilization of prime real estate. Stockland’s Brisbane jewel, the Eagle Street Pier, will soon be levelled to make way for a 70 storey twin tower project, pulling the plug on some of our most popular riverside eateries. In high demand locations it’s a natural course of events, but in a city as young as Brisbane it’s still surprising to see.

There’s hope too for those who own older units and strata-titled property around the city. Developer Devine Group recently amalgamated a key piece of Alice Street by buying out dozens of apartment owners in adjoining buildings. One investor sold their $350,000 apartment to Devine for $800,000 – after owning it for just two years! The land overlooks the Botanical Gardens and its 8 storey buildings were less than 30 years old. An extreme example perhaps but it’s a solid sign that, in Brisbane’s inner city, rising values are yet to drive plenty more change in the property market.

Suddenly those tired old ‘six packs’ are looking just a bit more interesting!

Posted by admin on 1 November 2006

Got to love these online polls…. Latest survey by www.realestate.com.au shows Australians would prefer to live next to a bikie or a crying baby ahead of a nosy old lady! Seventy per cent said the worst neighbour is a non-stop party animal, but almost 5 times as many people rated interfering oldies as worse than bikies!

If we’re to improve our neighbourly relations maybe we should take a leaf from our UK cousins: In a similar poll almost 20% of them have admitted to getting about “without their kit on” outside their home and, perhaps unsurprisingly, only 16% say they mind if their neighbour ‘does an Adam and Eve’ in the back yard!