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October 6, 2020

The REIQ says a weak inner city vacancy rate is no cause for alarm for property investors

first_imgPine Rivers has the tightest vacancy rate in Queensland. This home at 4 Livingstone St, Strathpine is listed for rent for $420 per week. Picture: realestate.com.auPine Rivers, north of Brisbane, had the tightest rental market in the state with a vacancy rate of just 1.3 per cent. Residential Tenancy Authority figures reveal 479 bonds were lodged for three-bedroom homes in Pine Rivers region during the March quarter compared to 367 at the same time last year. Ms Mercorella said the lower vacancy rates had switched from the inner city five years ago to the outer suburbs.More from newsMould, age, not enough to stop 17 bidders fighting for this home4 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor4 hours agoNow there were fewer vacancies in outer suburbs and more in the inner city.Ms Mercorella said the weak inner city market was “ not sounding alarm bells for us at this stage’’. “At the moment, supply is quite high and tenants have got the ability to shop around and that is why we are seeing those vacancy rates hit those kind of levels,’’ she said.“I think over time that will stabilise, we will see that supply absorbed and those vacancy rates will normalise.“Most landlords understand that what we are going through is a pretty unique period in our history.” Ms Mercorella said the current high levels of inner city apartment supply meant that some potential investors could buy well.“If you are looking to invest in that market, because the supply is higher you can actually negotiate yourself a pretty good deal when you are buying.’’But she warned that meant they may also have to negotiate a more reasonable rental rate because there were more properties to choose from. REIQ CEO Antonia Mercorella. Picture: Claudia BaxterFinding  a rental property in inner city Brisbane is becoming a lot easier, with new figures revealing the vacancy rate has hit 4.4 per cent.A vacancy rate of about 3 per cent is considered an equilibrium.Real Estate Institute of Queensland CEO, Antonia Mercorella labelled the inner city vacancy rate as “weak’’, but she said it shouldn’t be a major cause for concern for property investors.She said higher vacancies were a result of the steady level of apartments being built in the inner city exceeding demand. Five years ago, the inner city vacancy rate was a very tight 1.4 per cent.Ms Mercorella said just outside the inner city ring, vacancy rates had tightened. Within the five km to 20km ring, vacancy levels went from 3.3 per cent to 3.1 per cent. Within the greater Brisbane area, encompassing Ipswich, Logan and Moreton Bay council areas, vacancy rates had also reduced. Vacancies on the Gold Coast are tight. This unit at 2/3028 The Boulevarde, Carrara is listed for rent for $670 a week. Picture: realestate.com.auMore broadly throughout the state, Ms Mercorella said the news was fairly good as vacancy rates had started to improve in regional areas and were showing “promising signs’’.She said the stronger price of coking coal, and the lower Australian dollar boosting tourism numbers, had improved the regional economies.“The housing market in regional Queensland is closely tied to these two industries and we can see that workers are being attracted back to these cities with the tightening of vacancy rate figures,” Ms Mercorella said. Within the southeast, vacancies remained tight on the Gold Coast at 1.7 per cent and the Sunshine Coast at 1.8 per cent.last_img read more

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September 17, 2020

IHOC : National Sports Academy helps freshman Goodnough make smooth transition to Syracuse

first_img Published on November 30, 2011 at 12:00 pm Facebook Twitter Google+ Nearing the end of a long morning practice, the exhaust and drag of the Syracuse players was evident as they skated suicides from red line to red line. For most freshmen, this strenuous practice is new to their normal athletic rituals.But to Kaillie Goodnough, it is not. The Syracuse freshman defender has a different background from most of her SU teammates.Along with sophomore defender Brittney Krebs, Goodnough played high school hockey at the National Sports Academy in Lake Placid. NSA is a school built on the intertwined system of academics and winter sports to educate and prepare future Olympians.‘We have the (rare) ability where girls can come here, focus on the school year for nine months and have an on-ice season of seven months,’ NSA U-19 women’s ice hockey coach Bill Ward said. ‘Training daily, practicing daily, on ice, off ice, weight room and playing 75-80 games.’Goodnough’s athletic education at the NSA has eased the transition into collegiate hockey and made her a standout among Syracuse’s freshmen.AdvertisementThis is placeholder textAfter finishing her sophomore year at South Jefferson Central School, Goodnough faced a difficult decision. She could continue her education there, or go three hours north to Lake Placid to further pursue her dream of playing hockey in college. Two weeks before the start of her junior year, she decided to leave her friends behind and go to the NSA after being advised by the Syracuse coaches.She never looked back on the decision and said she has yet to feel any regret.Coming into Syracuse, Goodnough had an abundance of skills that separated her from most recruits, SU head coach Paul Flanagan said. As a defender, he said she possesses a strong, physical presence in addition to a gifted, offensive instinct that allows her to take over a game at any point.All of those attributes account for her playing in all 16 games so far this season, tallying six points.‘She has a great attitude, which is something that can’t be overlooked,’ Flanagan said. ‘She is always smiling, always wide-eyed and wanting to learn, which is a great thing to have.’But Goodnough would not have flourished so quickly at Syracuse if she didn’t have the polished skills developed at the NSA.Unlike other high schools or prep schools, students at the NSA can embrace their winter sport of preference, such as hockey, and have it incorporated into their academics.‘You practice in the day like it is one of your class times,’ senior Megan Skelly, who attended the NSA in Calgary, said. ‘Go to practice, then you come back and go to physics. I think it prepares you for what you see in the future.’That higher level of intensity presented by the NSA is not just limited to the extra practice. It is extended to its schedules. The academy offers a more difficult schedule that requires players to travel a good amount, preparing them for the college level.But the lavish, strenuous schedule also comes with more training, and the NSA adds that component with a strength and conditioning coach.‘They get them in the weight room and the kids are prepared,’ Flanagan said. ‘They have a strength coach. We are noticing some of the kids coming out of high school programs, sometimes they get here and they think they work out, but they never have.’Flanagan has kept a strong relationship with the NSA throughout the years. It’s allowed the school to become a pipeline for his Syracuse team. Goodnough, Skelly and Krebs are all key contributors on the ice for the Orange this season.Flanagan acknowledges it can become a snowball effect and a feeder school of sorts.‘We get little patterns,’ Flanagan said. ‘You get one girl and then her friend goes there … it helps recruiting-wise.’Goodnough’s time at the NSA, through the haze, whistles and pain, has allowed her to make an easier transition from the high school to collegiate level. She’s already a vital part of the team. And she said she’s going to try to continue to improve at Syracuse to live up to her own expectations.Said Goodnough: ‘I hope to become one of the top (defenders) on the ice.’[email protected] center_img Commentslast_img read more

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Panelists discuss nuclear threats from North Korea

first_imgOn Tuesday, Dornsife Dialogues hosted a panel discussion on the potential of a nuclear war with North Korea. Led by USC Dornsife Dean Amber Miller, the panel included David Petraeus, a retired U.S. Army four-star general, and David Kang, a professor of international relations and the director of the USC Korean Studies Institute. At the event, the panelists discussed the political and economic issues between North Korea and the rest of the world.With intensifying political tension with North Korea from the Trump administration, the possibility of a nuclear war hangs in the minds of American citizens. According to a Pew Research study, 65 percent of Americans are concerned about North Korea’s nuclear weapons. Both Petraeus and Kang focused on the perceptions and their opinions on North Korea leader Kim Jong-un and how his leadership affects international politics, specifically the relationship between North Korea and the United States. “I actually think [the Asia] trip is really important,” Kang said. “President [Donald] Trump, particularly on the Japan and Korea side where he was talking about North Korea, he hit all the right notes. In general, the message I hear from President Trump, even though it’s a little more flamboyant than perhaps others, remains a deterring message.” Kang explained how Trump’s recent visit to South Korea and Japan was a crucial step toward the relationship and future interactions between East Asia and the United States. Both Kang and Petraeus also assessed the security dilemma between the two countries and how the United States is trying to get a stronger stance against North Korea.“To put this into context in United States terms, I think you need to be fair with the current administration and acknowledge that it faces a different prospect from any of its predecessors and other administrations,” Petraeus said. “I think it’s understandable that there should be such a focus on this [nuclear attack] issue with the U.S. National Security Team.” Because North Korea has the ability and resources to strike the United States, Petraeus believes that China must play a more prominent role in communications between the countries, because the current message discipline is lacking. Petraeus also emphasized that the sooner China realizes these strategic gratifications, the better this situation will be for all parties. Kang observed that the United States is more worried about a nuclear attack from North Korea than the rise of the Chinese economy, and he found it interesting how the United States fears a smaller country more than a great power. “I think it’s interesting that we’ve been worried about the rise of China, but the rise of China hasn’t caused a lot of military response in the region,” Kang said. “But the smallest country, North Korea, is getting South Korea to rethink their military commitment. I think it’s very interesting that it’s not the biggest country that’s causing the instability, it’s the smallest country and I think that’s something we need to think about and starting understanding.” Kang explained how North Korea has consistently made deterring statements in past years, such as “If you strike us first, we will strike you back.” However, one of the reasons a fear of attack in the United States is growing is because most of the media only reports on the second portion of the statement, to create a “sea of fire” image to the audience, he said. Petraeus and Kang ended the forum by conversing about how the decisions China makes in regards to joining sides with the United States or North Korea will severely impact the future of international politics. Trump has threatened multiple times to stop U.S. trade with China.“If the trade sanctions are actually enforced by China, it would be a big deal,” Petraeus said. “China could literally turn the lights out in Pyongyang if it wants to. It will not, probably because it wants to try to calibrate this to bring Kim Jong-un to his senses instead of his knees. They don’t want North Korea to collapse.”last_img read more

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September 9, 2020

North Tipp Chair suggests way of tackling player shortages

first_imgDan Kennedy is calling for the establishment of a Junior C competition, which would be contested by 11-a-side teams.He made the suggestion during a debate at last month’s County Board meeting on whether or not talented underage players should be allowed to make up the numbers on adult sides.Dan Kennedy believes his proposal is worth trying out.last_img

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