first_imgThe Brisbane city skyline looking north from South Brisbane. Picture: AAP Image/Claudia Baxter.BRISBANE is kicking goals, emerging as the most affordable option for buyers and with the best rental return for investors of all the East Coast cities.The latest Australian Residential Development Review 2018 — out today (Wednesday) — named Greater Brisbane as “the most affordable option for first time buyers” with median house values rising just 0.4 per cent last year to $549,000 and apartment values falling 4.5 per cent to $386,000.More from newsParks and wildlife the new lust-haves post coronavirus19 hours agoNoosa’s best beachfront penthouse is about to hit the market19 hours agoCompare that to Melbourne where the median cost of a house was $904,000, or Sydney where it’s upwards of $1.17m. Melbourne’s apartment median was $506,000 (just $49,000 off Brisbane’s house median), while Sydney was even more costly ($737,000).The Knight Frank Research report found Brisbane rental yields leading the East Coast at 4.6 per cent for houses in the December quarter, with apartments at 4.9 per cent. In contrast, Sydney was over a full percentage point lower for both houses (3.1 per cent) and apartments (3.8 per cent).The median rent paid in the Queensland capital has been holding at $400 a week, with apartment rental costs falling 1.3 per cent to $370 a week. Vacancies across Greater Brisbane were at 3 per cent, driven up by the inner suburbs (4 per cent), then the middle (2.1 per cent) and 1.9 per cent in the suburbs 20km-plus away from the CBD.Its tally showed 34,150 houses were sold in Greater Brisbane last year, a 13.5 per cent fall on the previous year, and 11,290 apartments were sold (down 20.2 per cent). FREE: GET THE COURIER-MAIL’S REAL ESTATE NEWS DIRECT TO INBOXlast_img read more


first_imgBatesville, IN—On or after 9/16 the city will be replacing storm infrastructure. Areas under construction include Tekulve Avenue between SR 46 and Township Line Rd, W Pearl St between 3rd St and Huntersville Rd, and Washington St between 3rd and 4th Streets.Please avoid these areas if at all possible.last_img