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Data shows Brisbane is on the rise

first_imgNumber show the Brisbane property market is getting stronger. Photo: Jack TranBrisbane’s market continues to strengthen based on the latest data release from data analyst Corelogic.The most recent Corelogic Property Indicator Survey reveals Brisbane home values rose 0.1 per cent during the past week, a figure in line with the 3.6 per cent gain measured over the past 12 months.With a median price of $495,000, Brisbane housing is 44 per cent cheaper than Sydney ($890,000) and 26 per cent less expensive than Melbourne ($665,000).Despite a slight drop in the weekly auction clearance rate to 59.8 per cent, the measure is almost nine points higher than the same result last year.Buyers are gathering under Hills hoists around the city. Photo: Tara Croser.More from newsMould, age, not enough to stop 17 bidders fighting for this home2 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor8 hours agoThe number of house listings is also rising — up two percentage points on last year’s figures.Managing partner of buyers’ agency Property Searchers, Scott McGeever, said Brisbane’s market continues to perform most strongly close to the CBD.“Generally we’re seeing the market, certainly within that twelve kilometre radius, really strong.“Some of the stuff, certainly within the six or seven kilometre radius, they’re getting multiple offers … some things are getting eight, nine, ten offers on them competing,” Mr McGeever said.“It’s basically directed at the lack of quality stock on the market so when something does come up it’s certainly hotly contested.”Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:35Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:35 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenWeekend Wrap: 4-5 March00:35last_img read more

Start reading Data shows Brisbane is on the rise


first_imgThis has a budget of P20 million, said Treñas. The Western Visayas Medical Center (WVMC) sub-national laboratory alone could not do this, he stressed. The effective contact tracing scheme in Baguio City could be replicated by other LGUs, he stressed. The last two now process specimen for Negros Island, specifically the province of Negros Occidental and Bacolod City. Galvez said LGUs’ setting up more testing laboratories is in line with a new government strategy to combat the pandemic – enhance contact tracing of people whom COVID-19-positive cases may have infected. ILOILO City – Local government units (LGUs) in Western Visayas were urged to set up test laboratories for coronavirus disease 2019 (COVID-19). They would help expand testing, a key strategy to curb the disease’s spread, said Secretary Carlito Galvez Jr., chief implementer of the national government’s policy on COVID-19. “So dapat ang testing capacity ng buong Region 6 more or less 4,000 daily,” said Galvez. For Region 6, said Galvez, the goal is to increase the testing capacity to 4,000 daily. Data from the Department of Health showed the region’s four COVID-19 testing laboratories could process 1,800 daily. * Teresita L. Jalandoni Provincial Hospital molecular laboratory in Silay City, Negros Occidental As of July 29, Western Visayas had 1,208 COVID-19 cases with 17 deaths, according to the Department of Health. In fact, Baguio City’s Mayor Benjamin Magalong has been appointed by President Rodrigo Duterte as the country’s “contact tracing czar” to help other LGUs replicate his city’s strategy. Sec. Carlito Galvez Jr. * Corazon Locsin Montelibano Memorial Regional Hospital molecular laboratory in Bacolod City “For every COVID-19-positive case, kailangan ma-contact natin pinakababa 37 based sa kanyang (Magalong’s) analysis and experience sa Baguio. They were able to reduce new cases there to zero for 14 days or even longer,” said Galvez.center_img On Wednesday, Magalong held a briefing with contact tracers in Region 6 at a hotel in Mandurriao district. There are now three more new licensed laboratories. These are the following: This huge number of persons being traced entails many laboratories for speedy testing, he stressed. “For example sa province dapat mayroon sila at sa city. Mga highly-urbanized cities dapat may kanilang sariling laboratories,” Galvez told governors and mayors during a meeting here on Wednesday. “Once buong region ang hawak ng WVMC mabubulunan, so maganda mayroong dagdag na laboratories,” said Galvez. Currently, there are four laboratory facilities licensed to conduct reverse transcription – polymerase chain reaction (RT-PCR) testing for COVID-19 in Western Visayas. In the past months, only WVMC catered to the whole region. * Qualimed Hospital molecular laboratory in Iloilo City Iloilo’s Gov. Arthur Defensor Jr. informed Galvez his provincial government is currently setting up a P9-million COVID-19 testing laboratory at the Iloilo Provincial Hospital in Pototan town. Iloilo City’s Mayor Jerry Treñas informed Galvez of a similar move. The city’s testing laboratory would be rising in Barangay San Pedro, Molo district. He also pointed out the need to test healthcare workers, frontliners, locally stranded individuals, and repatriated overseas Filipino workers. “The Baguio contact tracers follow the trail of infection. They track where the infection is going and saan concentrated,” added Galvez. But with 651 cases having recovered, the region is left with 540 active cases, the Health department stressed./PN With the gradual reopening of Western Visayas’ economy, the region’s testing capacity must be bolstered, stressed Galvez, to curb the spread of the disease.last_img read more