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This suburb is outpacing Brisbane’s apartment market successfully

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first_imgGreater Springfield’s first apartment tower, Park Avenue is already out performing its Brisbane counterparts.A development in Ipswich has set a new benchmark, outpacing Brisbane’s CBD apartment market.While median rents in Brisbane’s CBD suffered over the past 12 months, Greater Springfield has stabilised and Park Avenue has set a new standard for urban design.Park Avenue, a $200 million project, is part of an eight stage development masterplanned by Plus Architecture.Now complete, stage one is being touted as not only a major milestone for Greater Springfield but an overwhelming success story for the satellite city with the valuations underpinning presales maintained across all 66 apartments.More from newsMould, age, not enough to stop 17 bidders fighting for this homeless than 1 hour agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor7 hours agoGreater Springfield’s first apartment tower, Park Avenue.Delivering rental returns of more than 6 per cent, Park Avenue is outpacing the Brisbane CBD apartment market, which according to Place Projects’ January 2017 report, The Road Ahead for Inner Brisbane’s Rental Market — is experiencing a downturn in rental prices.The report showed median rental prices for two-bedroom apartments saw the strongest fall in values over the past 12 month period, decreasing by 5.2 per cent to $550 per week.Over the same period, one-bedroom apartment rents fell by 4.8 per cent while median rental prices for three-bedroom apartments decreased by 2.6 per cent.The project will see 605 apartments delivered across Springfield Central in the coming years.Springfield Land Corporation chairman Maha Sinnathamby said: “Park Avenue represents an exciting next step in the evolution of Greater Springfield, as an alternative to the Brisbane CBD, with greater housing and work choices, highly-evolved infrastructure and significant government investment”.Plus Architecture director Danny Juric said: “Buyers and tenants alike are continuing to seek out well-appointed residences in high amenity locations with direct access to infrastructure, transport and employment”.last_img read more

Veteran Corell tops Jamestown Modifieds

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first_imgBy Michael SavalojaThe Jamestown SunJAMESTOWN, N.D. (Aug. 27) – John Corell dazzled late to win his second Xtreme Motor Sports IMCA Modified feature of the week Saturday at Jamestown Speedway.Corell went from fifth to first over the final nine laps on a smooth, multiple-lane racing surface. The 61-year-old Jamestown native was racing $2,000 richer after claiming victory last Sunday during the Sanders Mod Tour Challenge in Glyndon, Minnesota.“The track was racy. It was fun,” Corell said. “I don’t know what was going on behind me, but I’m thinking they probably had a good show going on back there too.”Corell passed Jarrett Carter, Rusty Kollman, Greg Friestad and Eric Edwards during the final nine green flag laps. Corell started sixth.The veteran’s familiar no. 5 was hooked up high and by the time the leaders knew he was a threat, it was too late. Corell passed Edwards for the top spot with three laps remaining.“The tires started to fire and the car was getting better and better,” Corell said. “I didn’t know if I could win the thing, but I thought I could get up into the top three. Once I got there the track dusted off, the tires took heat and (the car) stuck.”Corell was disappointed with the 14th-place performance he posted on Friday in Mandan. But back in the shop on Saturday, the veteran put his Shaw chassis on the scale and dug into his bag of tricks prior to race time.“I found a couple of things that were wrong, and a couple things that I had changed that I read in my notes that I had forgotten about,” Corell said. “So I changed them back and the car came back.”last_img read more

Ohtani homers, drives in 5 runs as Angels beat White Sox

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first_imgCHICAGO — Shohei Ohtani hit a three-run home run and drove in a career-high five runs to help the Los Angeles Angels to an 8-7 victory over the Chicago White Sox on Saturday night.Ohtani finished with three hits and was a triple shy of hitting for the cycle. Albert Pujols and Kevan Smith added two hits apiece for the Angels, who have won 10 of 11 against Chicago.José Abreu homered and drove in four runs, and Yoán Moncada had three hits for the White Sox, who have dropped 10 of 12. Tim Anderson went 2 for 5 to raise his AL-leading average to .334, six points ahead of the DJ LeMahieu of the New York Yankees.Abreu hit a three-run home run — his 30th — off Luís Garcia to pull the White Sox within one run in the seventh. The Angels loaded the bases in the ninth with a single, intentional walk to pinch-hitter Mike Trout and another walk. Brian Goodwin lined out to first to end the threat.Hansel Robles pitched a perfect ninth for his 20th save in 23 opportunities.Ohtani homered off Dylan Covey (1-8) to give the Angels a 5-2 lead in the third. The opposite-field shot was the designated hitter’s 17th homer of the season. Ohtani is 11 for 24 against the White Sox this season. He became the first Japanese-born player to have five RBIs and a stolen base in a major league game.Carson Fulmer replaced Covey and walked two straight to bring in a run. Another run scored on a wild pitch for a 7-2 Angels lead. Centerfield Adam Engel ran into the fence to make a catch and end the inning.Covey, who was recalled from Triple-A Charlotte on Tuesday, was charged with seven runs and seven hits in 2 2/3 innings. His last victory was May 31 against Cleveland. Jose Suarez’s rocky start sinks Angels in loss to Astros Angels offense breaks out to split doubleheader with Astros Angels’ Mike Trout working on his defense, thanks to Twitter Newsroom GuidelinesNews TipsContact UsReport an Errorcenter_img Angels’ poor pitching spoils an Albert Pujols milestone Angels’ Shohei Ohtani spending downtime working in outfield The White Sox pulled within 7-4 in the fifth on Anderson’s double and Moncada’s single.Smith homered off José Ruiz to extend the Angels lead to 8-4 in the seventh.SUBBING INBench coach Joe McEwing is leading the White Sox while manager Rick Renteria recovers from surgery on Friday to repair his right shoulder rotator cuff. He is expected to return Tuesday, when the White Sox host Kansas City.“He’s recovering well,” McEwing said. “He was able to get a lot of sleep, much-needed sleep.”TRAINER’S ROOMAngels: OF Mike Trout (right toe discomfort) was out of the starting lineup Saturday. He pinch hit in the ninth, drew an intentional walk and was removed for a runner. Trout exited Friday’s game in the fifth inning and is considered day to day. … 1B Albert Pujols returned to the starting lineup after sitting out Friday due to an illness. … INF Tommy La Stella (broken right tibia) took part in live batting practice again on Saturday. Manager Brad Ausmus said he is unsure when La Stella will return. He has been on the IL since July 3.UP NEXTRHP Jaime Barria (4-7, 6.27 ERA) is expected to start for the Angels in the series finale Sunday against the White Sox and RHP Dylan Cease (3-7, 6.75). Barria is seeking his first victory since July 24. Cease struck out a career-high 11 in 6 2/3 innings against Cleveland in his last start. Andrew Heaney (4-4) struck out eight and allowed four runs in six innings for the Angels. He was 2-0 with a 2.10 ERA in four previous career starts against the White Sox.Ohtani hit a two-run double to give the Angels a 2-0 lead in the first.Abreu’s sacrifice fly in the bottom of the first gave him a career-high 108 RBIs and cut the Angels’ lead to one. James McCann doubled to tie the game.Related Articleslast_img read more