5 Brisbane Properties Under $500,000
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5 Brisbane Properties Under $500,000

What half a million gets you in the Sunshine state capital.

By Terry Christodoulou
Tue, Oct 26, 2021 4:35pmGrey Clock 3 min

30803/8 Trafalgar Street, Woolloongabba, QLD

Found on the southern side of West No.8 comes this sophisticated 1 bedder with all one needs for inner-city living.

Boasting an open plan design with plenty of storage and separate study the apartment sees a spacious kitchen with stone-like finishes and ample storage fitted with European stainless-steel appliances.

Throughout the apartment are high quality textured timber look floors.

Within the complex, is access to a resort-style wellness centre equipped with a sauna, steam room, hot and cold magnesium pools, fully equipped gym and more.

Further, the residence sits in an ideal locale, near sporting and cultural hubs and Woolloongabba Cross River Rail station. $468,000; Silklane.com.au

8.05/91-97 Linton Street, Kangaroo Point, QLD

Located in one of Brisbane’s hottest spots comes this generous 2-bedroom, 1-bathroom, 1-car parking apartment.

Here, the apartment features a designer kitchen with gloss finishes and ample storage, stone benchtops, German tapware, Spanish tiles and AEG kitchen appliances including.

Further, the apartment sees its own terrace area, accessible by the family room and bedroom two.

Nearby to Brisbane’s CBD, transport, eateries and more, the apartment offers the best of Kangaroo Point at one’s doorstep. $499,000; qreal.com

 

2/19 Beaconsfield Street, Highgate Hill, QLD

Only five kilometres from Brisbane’s CBD comes this intelligently updated 2-bedroom, 1-bathroom, 2-car parking apartment.

Located in a boutique block the apartment is one of only 10 residences and presents itself as bright and airy with a fresh colour palette.

The open plan dining forms the property’s heart, met with a covered backing – for alfresco meals and sunset drinks – and a modern kitchen featuring an emerald subway tiled splashback, timber benchtop, quality appliances, a Billi tap and plenty of storage.

Completing the offering is a generous master bedroom and sizeable second bedroom – both fitted with built-in robes.

The property is close to the new West Village and Montague Markets as well as public transport and dining options.

The listing is with Place Estate Agents Woolloongabba and is headed to auction. Eplace.com.au

 

502/30 Sherwood Road, Toowong, QLD

Presenting Aviary Residences, an opportunity to elevate inner-city living with comfort and space.

Toowong is set to become the heart of Brisbane’s inner-west, and here the 1-bedroom, 1-bathroom, 1-car parking apartment puts you within reach of all the locale has to offer.

Here, the apartment is fitted with timber flooring throughout, an entertainer’s kitchen – featuring stone bench op, feature lighting and Smeg appliances and 2.7-metre ceiling heights.

Further, the designer bathroom is dressed in Italian tiles, featuring clean lines and a calm natural palette.

Elsewhere, the property is privy to rooftop facilities including a 20-metre infinity-edge pool, private garden lounge, dining alcoves, indoor-outdoor library, private dining room and kitchen, media room and residents’ lounge. $459,000; aviarytoowong.com.au

 

1603/108 Albert Street, Brisbane City, QLD

Boasting an abundance of natural light and a practical floorplan comes this 2-bedroom, 1-bathroom, 1-car parking apartment in the heart of Brisbane CBD.

Inside, the modern kitchen features a gas cooktop, dishwasher and plenty of storage while the living and dining room links to the alfresco skyroom.

The skyroom offers indoor – or a swift transition to outdoor – space with urban views.

Onsite resort-style amenities include the two-lane lap pool, leisure pool, spa, sauna and gym.

Located nearby to the upcoming Queen’s Wharf Brisbane the residence is footsteps away from the very best in entertainment, dining and shopping. Offers over 465,000; piccoloproperty.com

 



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Concern about electric vehicles’ appeal is mounting as some customers show a reluctance to switch

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Auto dealers across many parts of the country say electric vehicles are becoming too hard a sell for buyers worried about the range, reliability and price of these models.

When Paul LaRochelle heard Ford Motor was coming out with an electric pickup truck, the dealer was excited about the prospects for his business.

“We thought we could build a million of them and sell them,” said LaRochelle, a vice president at Sheehy Auto Stores, which sells vehicles from a dozen brands in Virginia, Maryland and Washington, D.C.

The reality has been less positive. On Sheehy’s car lots, LaRochelle says there is a six- to 12-month supply of EVs, compared with a month of gasoline-powered vehicles.

With automakers set to release a barrage of new electric models in the coming years, concerns are mounting among auto retailers about whether the technology will have broader appeal given that many customers are still reluctant to make the switch.

Battery-powered models have been piling up on car lotsdealers say, as EV sales growth has slowed in the U.S. this year. Car companies have been offering a combination of discounts and lower interest-rate deals in an effort to juice demand. But it hasn’t been enough, because buyer reticence extends beyond the price tag, dealers say.

“I’m not hearing the consumer confidence in the technology,” said Mary Rice, dealer principal at Toyota of Greensboro in North Carolina. “People aren’t beating down the door to buy these things, and they all have a different excuse why they aren’t buying one.”

Customers cite concerns about vehicles burning through a battery charge faster in cold weather or not being able to travel as far as they expected on a single charge, dealers say. Potential buyers also worry that chargers aren’t as readily accessible as gas stations or might be broken.

Franchise dealerships fear that the push to roll out new models will inundate them with hard-to-sell vehicles. Research firm S&P Global Mobility said there are 56 EV models for sale in the U.S. this year, and the number is expected to nearly double to 100 next year.

“I start to think, you know maybe we should just all pump the brakes a little bit,” Rice said.

A group of dealers expressed their concerns about the government’s role in pushing electric vehicles in a letter last month to President Biden.

A Toyota Motor spokesman said the majority of dealers have become “increasingly more confident in their ability to sell Toyota EV products.”

At Ford, the company’s electric-vehicle sales are rising, including for its F-150 Lightning pickup, but demand isn’t evenly spread across the country, according to a spokesman.

Dealers say that after selling an EV, they sometimes hear complaints about charging and the vehicles not always meeting their advertised range. In some cases, customers seek to return them to the dealer shortly after buying them.

“We have a steady number of clients that have attempted to or flat out returned their car,” said Sheehy’s LaRochelle.

While EVs remain a small but rapidly expanding part of the new-car market, the pace of growth has slowed this year. Electric-vehicle sales increased 48% in the first 11 months, compared with a 69% jump during the same period in 2022, according to Motor Intelligence. Sales remain concentrated in a few states, with California accounting for the largest chunk, S&P Global Mobility data found.

The cooling growth has raised broader questions in the industry about whether car companies face a temporary hurdle or a longer-term demand challenge. Automakers have invested billions of dollars to bring more EV models to the market, and many analysts and car executives say they remain optimistic that sales will continue to expand.

“Although the rate of growth has slowed recently, EV demand is clearly moving in the right direction,” said General Motors Chief Executive Mary Barra on a recent conference call with analysts. A combination of more affordable model options and better charging infrastructure would help encourage more people to buy electric vehicles, she said.

There are also varying views within the dealer community about how quickly buyers will adopt the technology.In hot spots for electric-vehicle demand, such as Los Angeles, dealers say their battery-powered models are some of their top sellers. Those popular EV markets also tend to have more mature public charging networks.

Selling an electric car or truck outside of those demand centres is proving more difficult.

Longtime EV owner Carmella Roehrig thought she was ready to go full-electric and sold her backup gasoline vehicle. But after the 62-year-old North Carolina resident found herself stranded last year in a rural area of South Carolina, she changed her mind. Roehrig’s Tesla Model S got a flat tire, but none of the stores in the area carried tires for a Tesla. She ended up paying a worker at a nearby shop to drive her home.

Roehrig still has her Tesla but bought a pickup truck for long road trips.

Tesla didn’t respond to a request for comment.

“I have these conversations with people who say we’ll all be in EVs in 15 years. I say: ‘I’m not so sure. I’ve tried to do it,’” Roehrig said. “I think you need a gas backup.”

Customers who want to ditch their gas vehicle for environmental reasons are sometimes hesitant, said Mickey Anderson, president of Baxter Auto Group, which owns dealerships in Kansas, Nebraska and Colorado.

“We’re in the Colorado Springs market. If this is your sole mode of transportation, and you’re in a market in extremes of elevation and temperature, the actual range is very limited,” Anderson said. “It makes it extremely impractical.”

Dealers representing around 4,000 stores across the U.S. signed the letter in November addressed to Biden, saying the administration’s proposed auto-emissions regulations designed to promote electric-vehicle sales are unrealistic. The signatories ranged from stores owned by family businesses to publicly held giants such as AutoNation and Lithia Motors.

“Some customers are in the market for electric vehicles, and we are thrilled to sell them. But the majority of customers are simply not ready to make the change,” the letter said.

Some carmakers are pushing back EV-rollout plans. GM said in mid-October that it would delay the opening of an electric pickup plant by a year to late 2025. In response to weaker-than-expected consumer demand, Ford said in late October that it would defer $12 billion of planned spending on electric-vehicle investment.

Since September, dealers on average took more than two months to sell an EV, compared with 40 days for all vehicles, according to car-shopping website Edmunds.

While discounts have helped boost sales of some electric vehicles, they also have led to repercussions for some current owners because it reduces the value of their vehicles, dealers say.

“Most people don’t have the confidence to buy an EV and know what it will be worth in 10-15 years,” said Rice from the Toyota dealership.

It may take some time for the industry to adjust because it is still in an early stage of switching to electric vehicles, Sheehy’s LaRochelle said.

“We’re asking for this market to grow organically,” he said.

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