Brisbane yields to draw investors

first_imgBrisbane is expected to continue to see good rental yields for investors. Picture: Brisbanemarketing.com.au.INVESTOR numbers seem to have fallen off a cliff in southern capitals but Brisbane was expected to buck the trend, according to latest expert analysis.Rental yields in Brisbane – calculated as rent divided by price – have continued to outperform Sydney and Melbourne when it comes to both houses (4 per cent) and units (4.9 per cent), adding to its allure for investors, according to Nerida Conisbee, chief economist of the REA Group.“One factor keeping yields high in Brisbane has been that prices haven’t risen quite as much as Sydney and Melbourne,” she said. “In 2018 we expect investors to continue to look at Brisbane favourably primarily because there seems to be rising rental demand and pricing is far more reasonable.”More from newsParks and wildlife the new lust-haves post coronavirus21 hours agoNoosa’s best beachfront penthouse is about to hit the market21 hours agoShe said it was likely that rental yields would rise this year.“There are a few things driving this. The first is that prices are expected to remain relatively stable. A big factor driving yields downwards is rising prices and we don’t expect prices to rise as strongly in 2018.“The second is we expect far fewer rentals to enter the market this year – this is because we have now come to the end of a strong run in investor demand. We expect fewer investors in the market this year because of difficulties in accessing finance, changes to many of the incentives to invest, as well as changing sentiment towards housing.”Ms Conisbee warned that since Brisbane has had such a strong apartment development boom, “I can’t see strong rental growth for apartments”.“Houses however are another matter – they will definitely outperform apartments in 2018.”Her picks for good rental yield in Brisbane this year? “We can see on our site that the most in demand suburbs from renters for houses are Fortitude Valley, Windsor and New Farm. If I was looking to buy a rental property in Brisbane I would be looking at houses in those suburbs.”last_img read more

Cards’ Fowler details adventure going after Schrock’s ball

first_imgLast Updated: 19th August, 2020 07:08 IST Cards’ Fowler Details Adventure Going After Schrock’s Ball St. Louis Cardinals outfielder Dexter Fowler tried to do something nice for rookie teammate Max Schrock, and it turned into quite an adventure SUBSCRIBE TO US Associated Press Television News LIVE TV WATCH US LIVE Written Bycenter_img First Published: 19th August, 2020 07:08 IST COMMENT St. Louis Cardinals outfielder Dexter Fowler tried to do something nice for rookie teammate Max Schrock, and it turned into quite an adventure.And Fowler knows all about adventures at Wrigley Field.Fowler’s trouble started when Schrock connected for his first career homer during the fourth inning of the second game in Monday’s doubleheader against the Chicago Cubs.The 34-year-old Fowler decided to try to get the ball back for Schrock. While he was making his way out to the bleachers in right, teammate Harrison Bader experienced some discomfort while legging out an infield single.“I found a way to get back up there. Up the stairs, all around the ballpark,” said Fowler, who played for Chicago for two seasons before signing with St. Louis in December 2016. “And I had never been up that side of the ballpark.“Ended up getting out there, and then Bader comes down and he’s like he messed up something. The trainer’s coming out and I’m like ‘You’ve got to be kidding me.’”Bench coach Oliver Marmol motioned to Fowler that he might need to come into the game, but Fowler didn’t have the right shoes on. He then sprinted all the way back to the dugout and was putting on his cleats when Marmol told him he didn’t need him anymore.Fowler then went back to get Schrock’s ball and ran into an authenticator from Major League Baseball.“He goes ‘Yeah, I’m going to get the ball.’ I said ‘No you’re not, I’m going to get the ball,’” Fowler said Tuesday on a video conference call.Fowler got the ball and gave it to the authenticator. Then a sweaty Fowler made his way back to the visiting dugout area, where he caught the attention of first base umpire Laz Diaz.“He comes to me and he goes ‘What the hell are you doing up there?’” a chuckling Fowler said. “I go ‘I went to get the man’s home run ball,’ and he goes ‘I’ve never seen that before. They’re calling to right field for a guy to come run the bases.’”That wasn’t the only strange part of the doubleheader for Fowler. He watched part of the action with some teammates in some seats behind the visiting on-deck circle before they were told they had to move.“We wanted to take the game in from those seats and then (Major League Baseball) calls like ‘Hey, you guys can’t be over there. You’ve got to go down there,’” Fowler said. “I’m like ‘We were just trying to have fun, take in the game from a different perspective,’ and they weren’t having it. I was kind of disappointed about that.”Asked if MLB explained its reasoning, Fowler said: “No, but I’m sure it had to do something with money.”Fowler and the Cardinals are ramping up again after their season was derailed by a coronavirus outbreak, leading to 18 confirmed cases in the organization. The team is in the midst of playing 53 games over 44 days, including 10 doubleheaders.St. Louis swept a doubleheader Saturday against the White Sox in their first action since a 3-0 loss at Minnesota on July 29.“It’s just about making adjustments,” said Fowler, who considered opting out of the season while the team was sidelined. “You go through life, and you make adjustments through life, and this is just part of it. You knew there were going to be some challenges. It’s just about working through them.”Image credits: AP FOLLOW USlast_img read more