News and Knowledge
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 […]
By Steph Nash Building your first home is an exciting but overwhelming experience. Confusing terms and definitions, budgeting, and home loans can be confronting for anyone who has never looked at property before, and most of it probably won’t make sense.
Meet Steph, LandGipps’ First Homes Blogger. An energetic and bubbly 23-year-old, most people wouldn’t consider her a first home buyer – but there’s no such thing as too young to learn about how the property market works in making an informed first home decision.
Buying a new block of land can come with many hidden and unaccounted costs, two of the most common examples being soil tests and contour surveys. LandGipps development manager Kate Mazar explains. “Soil tests need to be done to assess the soil’s reactivity to moisture changes and its stability. Essentially, your builder needs to know that […]
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 […]
On Tuesday this week, The South Gippsland Sentinel-Times published a story on the clearance of land onsite at LandGipps’ seaside development, Heritage Bay in Corinella. The removal of vegetation across parts of the 20-acre site has elicited mixed reactions from community members, however the article reveals that Country Fire Authority conditions, supported by Department of Environment, […]
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 […]
Latrobe City and Baw Baw are experiencing strong price growth on the back of buyers being priced out of the expensive capital city markets. New research from CoreLogic RP Data has revealed a lift in transaction levels and median values in some of Gippsland’s towns along the M1. With good access to employment up and down […]
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 […]
Gippsland is proving to be a better investment than Metro Melbourne for property investors seeking rental yields. New REIV data shows the gross rental yield for a 2 bedroom house in regional Victoria was 5.2% in the December quarter which is significantly higher than the 2.9% recorded In metropolitan Melbourne. Three bedroom homes in Morwell delivered regional […]
Struggling homebuyers have recently been urged by the Andrews government to consider moving to the country amid the housing affordability crisis. Now this article in Domain claims that rising property prices are changing ideas around home ownership. “The great Australian dream of a family home behind a white picket fence on a large block is […]
Are you too, looking to move in search of "lifestyle happiness"? The availability of NBN in every LandGipps development enables city dwellers relying on super connectivity to realise their tree-change or sea-change dream. The super connectivity provided by the NBN network, is giving people even greater scope to take greater control of where they live and how they work.