The suburbs where owner occupiers live

first_imgCore Logic has said 47 per cent of properties in Townsville are selling at a loss . Dean Dank, Principal at Explore Property TownsvilleRANGEWOOD has topped the list of Townsville suburbs with the most owner-occupiers.According to CoreLogic figures, only 5 per cent of households in the semi-rural suburb are renters. A total of 36.8 per cent own their home outright, 56.6 per cent are purchasers and the rest are classified as “other”.Explore Property Townsville principal Dean Dank said the suburb was popular with owner-occupiers because it was family-friendly and offered an idyllic lifestyle with larger blocks.He recently sold 55 Rangewood Drv in Rangewood to owner-occupiers, while the vendor had lived in the home for decades but had decided to downsize.The home was on the market for less than a month. Mr Dank said buyers were conscious of whether the area they were buying into had lots of renters.More from news01:21Buyer demand explodes in Townsville’s 2019 flood-affected suburbs12 Sep 202001:21‘Giant surge’ in new home sales lifts Townsville property market10 Sep 2020“People will ask if there is mainly renters or if it’s owner-occupiers, so we try to find that out as part of the listing,” he said.“I think Rangewood is so popular with owner-occupiers because of families that want space, whereas the new developments are building smaller and smaller blocks.“It is very family-orientated.”Mr Dank said a new wave of homeowners were starting to buy property in Rangewood.“There is a bit of a changing of the guard happening in Rangewood with people in their 60s and 70s downsizing,” he said.“You can also have a bore there and it’s not as far out of town as Rupertswood.”All the suburbs in the top five were semi-rural locations made popular due to the lifestyle they offered.last_img read more

IHSAA blocks changes to state basketball tournament

first_imgThe state basketball tournament remains the same for local schools like Franklin County. (Image: Hoosier Temple/Twitter)INDIANAPOLIS – A proposed change to the state high school basketball tournament was voted down by IHSAA executives Monday.The committee agreed unanimously (17-0) against the measure that was presented to them in August by a study committee made up of representatives from Indiana Basketball Coaches Association, the Indiana Interscholastic Athletic Administrators Association,  the IHSAA Board of Directors and IHSAA staff.The proposal, which would have begun with the 2015-16 school year, called for the largest 64 schools by enrollment to make up Class 4A. Sixteen sectionals would have been played with four teams each and all games played on Saturday.The remaining schools in Classes 3A,2A and 1A would have been evenly distributed with seven or eight schools per sectional and played in a Tuesday-Wednesday-Friday-Saturday format.Additional portions called for the IHSAA staff to determine host sites at each level of the state tournament with the same site hosting both years of the alignment window. In recent years, school administrators within each sectional have determined the host site with some rotation between schools“I want to commend the Executive Committee for their thoughtful deliberations surrounding the basketball tournament format proposals,” IHSAA Commissioner Bobby Cox said following the meeting.“The Committee entertained two different proposals throughout this process and in the final analysis, those varied proposals did not significantly improve the current tournament format.  While the Association is not presently modifying the four class tournament, several salient points were raised during the conversations and those objectives will be considered during the next reclassification and realignment exercise which will occur in April of 2015.”last_img read more