Large percentage of Townsville homes selling at a loss

first_imgGeneric imageMORE than 46 per cent of Townsville homes sold for less than the owners paid for them in the June quarter as the Townsville property market continues to languish.Core Logic released their Pain and Gain report for the June quarter which assesses gross profit and loss based on dwelling resales.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 2020Townsville falls well below the national average of profitable dwelling sales which sits at 89.8 per cent while in regional Queensland the average sits above 80 per cent for both houses and units. However the report stated that transactions volumes are no longer falling but demand remains low so people selling who bought at the peak of the market are likely to incur a loss.CoreLogic analyst Cameron Kusher said the high amount of properties sold at a loss was representative of falling property prices.“Unfortunately Townsville is continuing to see more and more homes reselling at a loss,” he said. “It is up slightly, 45 per cent of homes the previous quarter, 46.1 per cent this quarter and it really just highlights the market is continuing to struggle continuing to see values fall and obviously a lot of people are looking to exit that market, not a lot of people are looking to enter and people are having to discount their prices to get out.”last_img read more

Lyttle savours ‘dream’ draw

first_img The former Parkhead youth recruit was signed by former boss Lou Macari in 1994 but failed to register a first-team appearance in his three-and-a-half years with the club. However, he still retains a soft spot for the Scottish giants and now cannot wait to see his current employers take on the 1967 European champions when the Hoops host the Northern Irish outfit at Celtic Park on July 16 or 17. Cliftonville first-team coach Gerard Lyttle admits he was left speechless after the Belfast side were paired with his former club Celtic in the second qualifying round of the Champions League. He told Press Association Sport: “It is unbelievable. There are almost no words to describe the draw against Celtic. I was a Celtic player and I’m still a supporter so it is a dream come true. Everyone here is so excited.” The Reds sealed their Champions League qualifying slot by winning the Danske Bank Premiership but the part-timers from Solitude will be rank outsiders when they face a Celtic side that stunned Europe last season by defeating Barcelona. And former Peterborough defender Lyttle admitted: “We will be big underdogs and everyone will write us off but we will go there with a game plan and I just hope the players don’t get stage fright. “We didn’t get together for the draw, there were lots of players working but with social media we all soon found out. It is everyone’s dream. We had a good season, won the double and got pipped at the post for the treble so this is just the icing on the cake. “When the draw was regionalised we knew we had a one in five chance of getting Celtic. We started pre-season on Saturday and will be working most of the week. I don’t expect the treatment table to be full. Everyone will be buzzing.” Should they overcome Cliftonville, Neil Lennon’s men will need to get through two more qualifying rounds to reach the group stage for the second year in succession, where they will hope to match last season’s achievement of reaching the last 16. And Lyttle admits the Celtic Tommy Breslin’s men will face is much changed from the club he left more than 15 years ago. “(First-team coach) Danny McGrain is the only one left from my time there, although (former reserve-team coach) Willie McStay has just recently moved on,” he said. center_img Press Associationlast_img read more

Muhamed Besic went to the Netherlands?

first_imgFootball players of Everton went to the Netherlands yesterday in the afternoon hours to take part in the preparation training.Among the 25 passengers, the representative of BiH Muhamed Besic was on the plane together with Wayne Rooney, Jordan Pickford, Sandro Ramirez and Cuco Martin.Everton will play a friendly match with Twente on Wednesday and the team of Ronaldo Koeman will go to Belgium on Saturday where they will play against Genk.This season, they will play qualifiers for the European league, and their opponent in the third pre-round will be Ruzomberok from Slovakia or Brann from Norway.The first match is scheduled on July 27, and a rematch seven days later.The English Premiership will start on Friday, August 11.(Source: read more

Utd pair PSG, Liverpool face Bayern in last 16

first_imgBoth Liverpool and Bayern have a rich tradition in the competition, each winning it five times and Liverpool were beaten finalists last season.Liverpool are the current form side of the two and sit top of the Premier League while Bayern, under new coach Niko Kovac, have been far short of their own high standards in the Bundesliga this season.“That’s the team of the hour, the league leaders in England, they are playing really good football, very physical, really stepping it up. We are looking forward to it,” Bayern sporting director Hasan Salihamidzic said of the tie with Liverpool.“A tough cookie, but that’s something to look forward to as a player.”– Ronaldo awaits –Pep Guardiola’s Manchester City take on German side Schalke 04 while Atletico Madrid, beaten finalists in 2014 and 2016, come up against Cristiano Ronaldo and Italian heavyweights Juventus.“A very difficult match, with few goals,” Juve vice-president Pavel Nedved predicted.“No doubt Cristiano is the man of the Champions League, he has always shown that, with goals and victories. Our team is very strong and we can be calm and confident.”Bundesliga leaders Borussia Dortmund will meet Tottenham Hotspur for the second season in a row, having faced each other in last year’s group stage, while Roma meet two-time former champions Porto.“We’ve already met them (Tottenham) twice. A strong opponent, the chances are at 50-50. The team has top players. We are also strong, it will be interesting,” Dortmund CEO Hans-Joachim Watzke told Sky.Meanwhile, United go into a first ever meeting with PSG trailing Premier League leaders Liverpool by 19 points following Sunday’s 3-1 defeat at Anfield, and face a formidable task against a side featuring Neymar and Kylian Mbappe — the world’s two most expensive players.Lyon coach Bruno Genesio says his team can draw on their group stage displays against City — a 2-1 win and 2-2 draw — ahead of their clash with five-time European champions Barca.“We’ll need to pull off two big performances, in the first leg and in the return, but we can do it. We did it against City,” said Genesio.“It’s tough. They are a team that Lyon has already played against but never beaten. Barca are more experienced and stronger but over two matches anything is possible,” Gerard Houllier, who holds an advisory role at the French club, told RMC Sport.“The first match is key and we are playing at home. Barca are potential champions. We have nothing to lose. Everything is a bonus for Lyon.”Teams that finished in second place in the group stage will host the first legs on February 12/13 and 19/20 with the return matches scheduled for March 5/6 and 12/13.Full draw for the Champions League last 16 on Monday:Schalke 04 v Manchester CityAtletico Madrid v JuventusManchester United v Paris Saint-GermainTottenham Hotspur v Borussia DortmundLyon v BarcelonaRoma v PortoAjax v Real MadridLiverpool v Bayern MunichTeams that finished in second place in the group stage will host the first legs on February 12/13 and 19/20 with the return matches scheduled for March 5/6 and 12/13.0Shares0000(Visited 1 times, 1 visits today) 0Shares0000Paris Saint-Germain’s all-star attack of Neymar, Edinson Cavani and Kylian MbappeNYON, Switzerland, Dec 17 – Liverpool will take on fellow five-time winners Bayern Munich in the last 16 of the Champions League, while Jose Mourinho’s struggling Manchester United face French giants Paris Saint-Germain.Holders Real Madrid were paired with Ajax in Monday’s draw in Nyon as the Spaniards attempt to lift the trophy for the fifth time in six seasons, while Lionel Messi and Barcelona will play Lyon.last_img read more