QLD hits new renovation record as upgrades surge across the state

first_imgFACADE AFTER: How the Bollard Residence looked after Koncept Construction was done.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 investorless than 1 hour ago“If someone is thinking of moving, the cost of shifting – given the high cost of a new home, transaction costs, commission, legal fees and stamp duty – can be exorbitant. So people say I can stay where I am and get the requirements I want in my home.”He said many builders “have a tonne of work”.Brisbane builder James Lilley of Lilleybuild said his firm was booked out for the next year with the strong demand.“You’ve just got to go around the streets of the inner western suburbs to see just how much work is going on. The closer you are to the CBD, the more we’re seeing, the higher the density,” he said.“We’re booked to the end of 2018 at the moment. We’ve got a very strong pipeline of work.” POOL BEFORE: The Bollard Residence needed some serious updating. KITCHEN BEFORE: In case you’re wondering, this is how the kitchen in the Bollard Residence used to be before it was gutted to create a modern space.undefined FACADE BEFORE: The Bollard Residence before it underwent home renovation/remodelling up to $275,000 by Koncept Construction. It won an award at the Master Builders Queensland Housing & Construction Awards 2017.center_img POOL AFTER: The entertainment area at the Bollard Residence after the renovation program.The ABS figures showed Queensland also had the highest growth in approvals for private sector houses of the mainland states (2 per cent) – compared to 0.3 per cent in New South Wales and 1.1 per cent in Victoria.Overall “the trend estimate for total number of dwelling units approved in Queensland rose 1 per cent in August and has risen for eight months”, ABS said.ABS assistant director of construction statistics Bill Becker while there had been signs of strength in the data in recent months, they were still below 2016’s record high.* FOLLOW Sophie Foster on Twitter @sophiefoster or Facebook @sophiefoster.journalist KITCHEN AFTER: The Bollard Residence by Koncept Construction won the Master Builders Queensland Housing & Construction Award for renovation/remodelling up to $275,000. Picture: Supplied.QUEENSLAND has hit a new renovation record, with a whopping $120 million worth of work given the green light in just one month.Latest Australian Bureau of Statistics building approval trend figures saw Queensland residential alterations and additions hit $120.69m in August, just a month after breaking a seven-year-old record when it hit $118.8m in July.Master Builders Queensland deputy chief executive Paul Bidwell said high transaction costs to move meant more people were finding it made sense to renovate and remain in their homes.SPRING: Listings jump across BrisbaneLOCATION: Canal vs. beach – Who wins?GET THE COURIER-MAIL’S REAL ESTATE NEWS DIRECT TO YOUR INBOX FREElast_img



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