Category: Economy

October 2, 2019Economy

Spring Buying Conditions

The property market for this Spring is looking markedly more positive than Spring 2018. In the past 12 months realestate.com.au has seen a 25% increase in searches, with each major increase in searchs occurring after a number of major events. The Federal Election, interest rates cuts, income tax cuts and reductions in APRA lending regulations.

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August 1, 2018Development

8 Advantages of Building a New Home

It’s brand new and you’re the first person to enjoy it Create the very first memories in your brand new home.  Soak in the bath that has never been used, walk in bare feet on carpet that has never been stepped on.   Customisation Choose the perfect block of land and the perfect home for you.  Create a floor plan that suits you.  Personalise your home with your own colors, finishes and features.  You don’t need to compromise with a house that was built for someone else.   Going Green Look after the environment and save on your energy bills.  A new house gives you the opportunity to install the latest energy efficient appliances.   Protect Your Family No hazardous materials, such as […]

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November 25, 2016Development

New Bass Coast Child Care Centre, Corinella – Construction Starts Nov ’16

WORK on the $2.5 million Bass Valley Children’s Centre in Corinella will commence this financial year with all the funding now secured and the tender process set. A State Government grant worth $900,000 was secured by the Bass Coast Shire Council, and the council contributed $1,527,128. The community raised the balance. “This is a great project that we will see through to its completion,” Cr Brad Drew said. Cr Clare Le Serve, who has been heavily involved in the project, said she was incredibly proud of the community for its hard work. “They’ve followed this process right from the start. They put forward all the documentation for a feasibility study and then a business case for this centre,” Cr Le […]

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November 25, 2016Development

Corinella 40% Median Growth 2015

Median house prices in Corinella rose 40.4% in 2015 and thus far 12.61% in 2016 but note that it is a relatively thin market with approximately 80 properties sold over that period. With varied housing opportunities in the town from larger homes built in the last 10 years to holiday shacks dating back to the 1960s, the data can be deceiving and needs a closer look. At first glance it appears to be a volatile market however when you look at the trend over the last 10 years, you can see that investors, holiday home buyers and owner occupiers have enjoyed significant capital growth. The town has experienced capital growth well above that of it’s region and the money flow […]

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May 19, 2016Development

Beat the Market to Regional Victoria

Following the recent release of the 2016/2017 Victorian budget, Opposition Leader Matthew Guy said that the most important thing the government can do to address the housing affordability crisis is develop a comprehensive population strategy. “We need to grow our regions, not throw everything at Melbourne,” Guy was reported as saying in ABC News.  “Melbourne is going to be unliveable — a great heaving mass of 8 million people.” LandGipps Finance Manager Shayne Blackwood says that what Guy suggests as a solution is already happening. “There’s an organically growing number of people living in regional areas such as Ballarat, Geelong and Warragul who are commuting to Melbourne for work,” says Blackwood.  “There’s also a growing number of people moving to these […]

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April 22, 2016Economy

The Future of Corinella is Bright

Heritage Bay is privately owned land located at 58 Cuthbert Street in Corinella in Victoria.  It is owned by a shareholder group based in Sydney.  These shareholders have engaged Sure Constructions to carry out the civil works for the site, including sewerage, drainage and the building of roads in order for to it to become a living space for 107 residential allotments.  The shareholders have also engaged LandGipps to develop the community that Heritage Bay will become, to manage the marketing and the sale of land allotments within it.  LandGipps is proud of the many living spaces and communities it develops across Gippsland.  Its market knowledge and experience enables it to create highly successful developments designed specifically for the region it inhabits.  See www.landgipps.com.au for further detail.          Heritage Bay will become a thriving, welcoming community […]

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March 18, 2016Economy

Releasing Land in Gippsland – Easing the Housing Affordability Crisis

The Housing Industry Association alerted in its most recent report that new housing supply has fallen short of demand for many years, making affordability an ongoing problem.  With Australia’s population forecasted to reach somewhere between 34 million and 42 million by 2050, the situation is set to become critical. Shane Blackwood, Finance Manager at LandGipps, says that LandGipps sees itself as part of the solution. “By sourcing the best parcels of land in the most liveable places in Gippsland, we are creating new opportunities for homes to be built.  In many cases, we are releasing land where there has been none available for significant periods of time. We are in a position to continue sourcing large land parcels and cover the […]

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