2018 a stellar year for growth at Chapel Hill

first_imgMcGrath Paddington agent Reuben Packer-Hill has seen strong growth in Chapel Hill.According to CoreLogic data, the suburb median house sale price for Chapel Hill was $832,500 — a 6.4 per cent rise in the 12 months to September and a massive 37 per cent in the past five years.More from newsParks and wildlife the new lust-haves post coronavirus15 hours agoNoosa’s best beachfront penthouse is about to hit the market15 hours agoAt the same time last year, Toowoong and Indooroopilly both had a median of $850,000, while Chapel Hill had a median of $782,500, making it far more affordable.However, while Indooroopilly’s median continued to rise to $865,000 this year, Toowong had, in fact, fallen below that of Chapel Hill, now sitting at $797,500. The house at 99 Burbong St, Chapel Hill, sold for $1,020,000 this year.A record low interest rate teamed with increasingly popular school catchments has seen a boost to the median house sale price of Chapel Hill.McGrath Paddington agent Reuben Packer-Hill believed inner-city buyers, who would traditionally consider suburbs like Indooroopilly, had moved out a little further to get more bang for their buck.“As the market has improved over recent years, we have seen more inner-city buyers step out from the likes of Toowong or Indooroopilly to find better value for money,” Mr Packer-Hill said. Popular schools, such as Chapel Hill State School, are driving growth in the suburb.Mr Packer-Hill said school catchments and recent upgrades in infrastructure had also contributed in the suburb’s rise in popularity.“The incredible schooling options in the area continues to be one of the key criteria for most of our buyers, trying to secure placement in either Chapel Hill State School, Indooroopilly State School and Kenmore Primary or High Schools,” the agent said.“The rezoning of Indooroopilly, opening of Legacy Way and redevelopment of local retail precincts have also had a positive impact on prices over the years.”Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:37Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:37 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD432p432p270p270p180p180pAutoA, selectedAudio Tracken (Main), 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 Rate1xFullscreenWhy moving to a ‘sister suburb’ can save you money00:37Mr Packer-Hill said having more buyers than product available was boosting prices, and he expected this growth to continue into 2019.“It is important that I add context by explaining, this growth has been manageable and more importantly, sustainable.“I believe Chapel Hill still remains relatively undervalued compared to some surrounding suburbs, and that there are key fundamentals for further price growth in the medium-long term. “The first half of 2019 may be a little slower than expected, with school holidays, federal election and completion of the Banking Royal Commission (but) we have very strong fundamentals for continued price growth.”last_img read more

The Medic: Pac-12 sports are postponed, but what about the health risks for other conferences?

first_imgEven though many schools in the SEC have warmer climates and may not experience the flu as harshly, I know from experience that Kansas gets extremely cold come October, and northern ACC schools such as Pittsburgh and Boston College will be even colder. To say that a sports season is dangerous amid this epidemiological collide is an understatement.  Sure, the KU and Notre Dame infection spikes are not solely the responsibility of student-athletes, but these students who get infected at parties or other venues will inevitably come into contact with student-athletes who will compete at other schools, and so goes the transmission story. Behind every student-athlete, there are a slate of at-risk coaches, trainers, equipment managers and the like. As we have seen in the past few months, this pandemic is built on a chain reaction. So, if these conferences and schools don’t want to be liable for further community transmission, the first step they should take is to either severely limit the number of students who can enter campus in the first place or make student-athletes reside, practice and compete far away from the general student body. On top of that, as I previously stated, these student-athletes must get regularly tested and be kept in a bubble, unless they are traveling to another school to compete.   When I first decided to write this column, I was overly optimistic that our University, the Pac-12 and the NCAA would create some type of strict protocol so that student-athletes — or at least USC and Pac-12 student-athletes — would have the opportunity to play this fall. I had all sorts of ideas for my articles. But, on Aug. 11, the Pac-12 decided to postpone all athletics until spring. As a biological sciences major who is also pursuing minors in health policy and economics, I uncovered a unique intersection between the worlds of sports and medicine during this pandemic.  According to an Aug. 19 CBS News report, the South Bend, Ind. campus had at least 222 confirmed coronavirus cases two weeks into the semester resulting from off-campus parties. As a Kansas native, the closest Power 5 school to me is the University of Kansas in Lawrence, Kan. The University is testing all students who wish to come back to campus so that no one who is infected with the coronavirus enters.  If the Big 12, SEC, ACC and other conferences resume this fall, they should keep in mind the health of those involved in collegiate athletics as well as those who reside near the universities.  Still, other conferences — most notably the SEC, Big 12 and ACC — are, for now, resuming sports for this season. Although many schools in these conferences are not located in large cities compared to the Pac-12, their decision isn’t immune to health and safety criticism.  Now, Notre Dame has switched to entirely online instruction due to this increase in cases. These seemingly isolated college towns prove that there will be severe health risks at all schools in these conferences, and we haven’t even mentioned the schools in larger cities such as Georgia Tech in Atlanta or the University of Texas in Austin.  As I hear all these other conferences planning to resume sports for the fall, another health-related danger on my mind is the approach of flu season. As you may have already heard from many health experts, the flu is going to make COVID-19 much worse.  In the interest of safety and health, the safest idea for the rest of these conferences is to follow the actions of the Pac-12 and Big Ten and postpone athletics until spring. Although I did provide some general health policies the conferences could put in place, they are still hard to achieve, especially considering the fact we’re talking about college students rather than professional athletes, making any strict or restrictive plan financially taxing. “The worst-case scenario is we have a very active flu season that overlaps with the respiratory infection of COVID-19,” Director of the Institute of Allergy and Infectious Disease Dr. Anthony Fauci said in a recent interview with the American College of Cardiology. “That would really complicate matters from a diagnostic standpoint, from a therapeutic standpoint, and the standpoint of putting a lot of stress on the health care system.”  Although this disrupted some of my plans for this column, I believe this was a wise decision by the conference because it helped ensure the safety of its student-athletes. Many schools in the Pac-12 are located in or near large metropolitan cities such as Los Angeles (USC and UCLA), the San Francisco-Bay Area (Stanford and Cal), Seattle (Washington), and Tucson (Arizona). So, unless student-athletes were regularly tested and kept in a well-built bubble (see the NBA bubble as an example), they would potentially infect many others in these cities while traveling all over the West Coast. Though USC and other Pac-12 schools now face significant financial losses, at the end of the day, it greatly alleviates the risk of student-athletes spreading the virus in some of the country’s hotspots. Although that sounds like an effective plan at first, this will eventually fail. For instance, USC’s rival Notre Dame, which implemented a similar plan to KU, recently had an influx of cases.  Pratik Thakur is a sophomore writing about sports and its intersection with health policy during the coronavirus pandemic. His column, “The Medic,” runs every other Tuesday.last_img read more