Working parents, pensioners could be pushed out of city rental market

first_imgEXPERTS are warning the latest Rental Affordability Index results are a wakeup call, with working families and pensioners among those being pushed to the edge.The May RAI, out today, warned that working parents and pensioners were being priced out of rental markets in the city, with affordability dropping in every metropolitan area except Perth.Brisbane’s north to northwest was particularly grim, with rankings of severely unaffordable, unaffordable and moderately unaffordable spread across most suburbs there except for Chermside and Northgate. Brisbane’s south to southeast suburbs were mostly ranked moderately unaffordable, but several postcodes were “unaffordable” for the average household including Hemmant, Gumdale, Ransome, Wakerley, Carbrook and Cornubua, according to the findings. National Shelter executive officer Adrian Pisarski said house price inflation was not just locking people out of ownership and putting much greater pressure on rental markets “which remain unaffordable”He said the escalation was displacing “low income households into the margins”.SGS Economics and Planning partner Ellen Witte – whose firm backed the study with National Shelter and Community Sector Banking – warned more people would be pushed out of metropolitan areas.“The RAI shows that working families – not just low income households – are now being priced out of Australia’s metropolitan rental markets,” she said. “Housing for pensioner groups is also in a particularly critical situation, given their additional needs and service-dependence.”More from newsMould, age, not enough to stop 17 bidders fighting for this home5 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor5 hours ago Working parents were among those expected to be pushed away from the inner to middle city because of rental unaffordability. Picture: ThinkstockThe RAI found the average household looking to rent in Greater Brisbane would pay 25 per cent of their total income to a landlord – a situation that was twice as grave for pensioners.“Most postcodes in inner to middle Brisbane remain moderately unaffordable to unaffordable. The situation is similar in the Gold Coast area,” the RAI report said. “The situation for pensioner couples is even worse, with rents across the inner to middle ring suburbs severely unaffordable – this household faces rents up to 59 per cent of total income. Rents are also extremely unaffordable in the CBD area.”The situation was slightly better in the rest of Queensland, with the average rental household looking at rents that were around 24 per cent of total income.“Rents are most affordable in places where the least opportunities are in terms of jobs, services and education,” Ms Witte said.“This is especially concerning for older working women who are reaching retirement and have not been able to build up their superannuation – these people have nowhere to go. On top of that, living further out of the city poses extra challenges such as poorer access to transport, services and health care.”center_img Rental Affordability Index for households with $80,000 income: Greater Brisbane, December quarter 2016. Source: RAI Reportlast_img read more

Curved beach house with copper facade unlike any other on the Gold Coast

first_imgThe modern style gives it a classy edge. No expense has been spared inside. Admire the ocean and surrounding bushland while taking a dip.A refrigerated wine collectors’ cabinet is a highlight while European appliances and a teppanyaki hotplate complement the kitchen.There are seven bedrooms throughout the house, most of which are on the first floor.Doors between four adjacent bedrooms can be opened to create one large room while the main has a walk-in wardrobe, ensuite and access to a deck. An identical guest bedroom is on the top floor.A rumpus room on the first floor opens onto a deck that leads to a grassed area and pool. Downstairs, four cars can comfortably park in the carport and there is plenty of storage. A glass lift services all three levels.Mrs Holmes couldn’t pick a favourite feature.“The wine cabinet is pretty gorgeous — it’s like art really — and obviously the copper wave,” she said. “And then there’s the view of Currumbin Creek and the ocean.”She said the whole family would miss the house but they wanted to move closer to their children’s school.“I feel like it’s so warm that any family could walk in and say ‘this is home’,” she saidIt is listed through Kollosche agents Michael Kollosche and Eoghan Murphy under an expressions of interest campaign, which closes on September 11. “The property is built on a hill and the hill is quite steep,” Mrs Holmes said. “We thought if we keep it simple, it won’t look over the top.”A wide deck on the top floor makes the most of the house’s surroundings.It is the perfect spot to soak up the panoramic views of Currumbin Creek, the ocean and rainforest.Open the sliding glass doors and the deck becomes part of the combined kitchen, living and dining area. MORE NEWS: Surprising suburb named one of Australia’s most affordable What a view!IT is one of the most unusual yet impressive houses on the Gold Coast.Shaped like a wave with a copper clad facade, the distinctive residence, which is perched on a hillside that borders Currumbin National Park and overlooks the ocean, is in a league of its own.Designed by Paul Uhlmann Architects, the three-storey house has been built to a high standard.In fact, its cutting-edge design has earned it a couple of accolades, including a Master Builder award. The kitchen is contemporary with top-of-the-line appliances. Its curved shaped resembles a wave. It’s built onto a hillside.While it appears to be a trophy home, owners Krystle and Mark Holmes designed it with their five children in mind.In need of more space for their growing clan and wanting to be closer to the beach, the couple put pen to paper and called in the experts to create their dream family home.“My husband and I, we wanted to build something for our children,” Mrs Holmes said.More from news02:37International architect Desmond Brooks selling luxury beach villa10 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag1 day ago“I’m very hands on, so is my husband, so everything in our home is how we wanted it. Every detail my husband and I chose.”Natural materials including timber, stone, iron and stainless steel are featured throughout the contemporary residence and help it blend into its surrounding environment. MORE NEWS: Restored Hamptons house the most popular pad going to auctionlast_img read more

WATCH! Highlights from Neymar’s sensational season for Barcelona

first_imgJoey Barton may think he is ‘cat piss’, but this video suggests Neymar is a little bit better than that.The Brazilian has certainly had his critics since joining Barcelona – Barton among them – but he enjoyed a sensational season in 2014/15.A key part of Barca’s Champions League, La Liga and Copa del Rey successes, the 23-year old regularly bamboozled defences as part of a formidable attacking trio with Luis Suarez and Lionel Messi and finished the campaign with 39 goals from 51 appearances.last_img