“In 2013, the growth jumped by 2.9 per cent and then in 2015 prices jumped by seven per cent.”. And with it comes the promise of purple rain, thanks to Brisbane’s vibrant jacaranda scene. “It shouldn’t have happened, but it did. After the floods of January 2011, dire predictions were made about Brisbane's property market, particularly for the suburbs that had been inundated. Then we put a bathroom down there, so it’s almost entirely self-contained. Lavender Bay (the name says it all) on the north side has turned a rich shade of purple thanks to their epic Jacaranda trees. It’s when all of the jacarandas around the region start to bloom and everywhere starts to turn purple. Despite the devastation and forecasted downward trends, property punters say the floods not only failed to wreak long-term havoc on a city that’s fast emerging as the nation’s hottest property market, but they’re no longer even a part of the real estate conversation. But the jacaranda season brings a snowy spectacle to Roma Street Parkland, where the trees bloom white. “It’s important that our events reflect inclusivity so students feel part of a community and see UQ as their home away from home. University of Queensland, St Lucia My absolutely favourite place to to view Jacarandas is the University of Queensland Lakes in St Lucia. The season runs from mid-October, and peaks in mid-November as summer really starts to roll in. You’d think the trees are native to the … Jacaranda Trees aren’t actually native to Australia – despite what many people think! In the aftermath of the floods, buyer attitude towards the neighbourhoods most impacted was divided. Purple Rain: the jacarandas blooming across Brisbane From October to November, a purple canopy falls over Brisbane – from the vast campus of the University of Queensland to the streets of New Farm. The purple flowers are feared by students because it signifies exams are about to start and relished by locals and tourists because they’re such a beautiful sight. While the couple has since had to fork out an average of $5300 per year for insurance, that incredible bargain in the flood aftermath paved the way to their second purchase in the same suburb just a few months ago. “I mean after those floods the days on market was over 100 days. “In 2010, we had 8.9 per cent growth in the Jindalee area, and the median was $500,000 for houses. Brisbane’s soaring market has been nothing short of music to the ears of Jonathan and Tracey Rubens, who just placed their home at 77 Monro Street in St Lucia on the market – a home that was inundated by the 2011 floods mere months after they bought it. Jacaranda tree Australia. For most of us, they represent springtime and the promise of glorious Brisbane … UQ Gatton and Herston will host mini BLOOM festivals on Wednesday 23 October from 10am-2pm with the main festival hosted at the St Lucia campus from October 17-27. “Due to the love of the jacarandas, BLOOM Festival is one event that sits close to all our hearts.”. Jacaranda Season in Brisbane October is always a colourful month in Brisbane with the Jacaranda Trees in full bloom and the paths and streets blanketed with their bounteous purple blooms. "We pre-date Grafton by 70 years, as the first jacaranda was planted in 1864 in the city's botanic gardens," he said. 5. “Jacaranda season is a special time of year,” Ms Wilson said. CRICOS Then after the floods, we had a small drop. So it was lucky that it was a Queenslander. Other than the gorgeous jacaranda bloom, it reminds students of the stress and pain of exams and assessments. For some house hunters, any kind of inundation was an immediate deal breaker. I found a nice house, it was affordable, and I bought it … the floods didn’t affect my decision at all. Further north, in Brisbane, you will find jacaranda trees bloom throughout October, and many of the city’s streets are framed by a sea of purple. The town hosts its own annual Jacaranda Festival, too, which this year falls on the weekend of November 22–24 . In most parts, the jacaranda tree blooming season is most peoples’ favorite time to take walks or drives along streets lined with jacaranda. window['fe-co-property-driver-fe-co-property-driver_1'] = {"propertyId":"2016673554","propertyUrl":"https://www.domain.com.au/77-munro-street-st-lucia-qld-4067-2016673554","title":"$1,450,000 - $1,550,000","price":"$1,450,000 - $1,550,000","auctionDate":"","address":"77 Munro Street, St Lucia QLD 4067","features":[{"name":"bed","value":4},{"name":"bath","value":3},{"name":"parking","value":2}],"featureImg":"https://res.akamaized.net/domain/image/fetch/t_web/c_fill,h_440,w_660/https://bucket-api.domain.com.au/v1/bucket/image/2016673554_2_1_201201_063429-w1600-h1200","publication":"domain","isPremium":false,"target":"_blank","isCTAMode":"true","layout":"default","auctionUrl":"","auctionCTAText":"","imageIndex":0,"theme":"domain"}; “I would stay here forever, but it makes no sense having a huge family home for two of us … and we’re moving to a river area as well so we haven’t been scared away by the floods at all.”. Despite being a native of Brazil, jacaranda tree has found a second home in Australia. Throughout the season, the streets of Hunters Hills come alive with Jacaranda trees. “So, buyers are asking about these insurance premiums … and the next question they are occasionally asking is how severely the home was affected. For others, the price falls suffered by affected properties or areas became a window of opportunity, and a risk worth taking to get into their dream suburb. “I just love the area. Save. Kirribilli. “On some properties, we’ve had several quotes on the same house from $4 to $5 grand for comprehensive insurance up to $20,000. But also the chances of it happening again are so small because the conditions were so rare … and honestly, I would still have bought the house – well maybe just after, because it would have been cheaper.”. Jacaranda season Brisbane is famous for it's beautiful Jacaranda trees, that come into bloom at this time of year. “One of the keys to success for our students is a sense of belonging with UQ,” Professor Wright said. They’ve risen by 35.4 per cent over the past five years. “The home became just perfect for us … and when we look back on living here, we almost never think of the floods. May 30, 2015 - Hot and dry spring day, but it is a season for Jacaranda storm in Brisbane. I am just delighted to see visitors come to Kirribilli and come and support our local shops." New Farm Park, Woolloongabba and the Botanic Gardens are other places you can find fabulous jacaranda trees in Brisbane. Here, you can find the best places to see jacarandas bloom this spring near Brisbane. So get planning, these are the best places to find Jacaranda trees in Sydney. It’s a grudge purchase for a lot of people but the right coverage is so important and, going forward, needs to remain top of mind for Queenslanders.”, The Brisbane floods and the property market, 10 years on. “We’ve been open about our house, but I’m in risk management – that’s what I do as a career – and the likelihood of things happening like this again (are so small) and we while we did everything we could to mitigate it, it wasn’t just one factor it was multiples (that caused the flood),” Mr Rubens said. Other Campuses: While the festival celebrated the success of UQ students, staff and alumni, the wider Brisbane community were also invited to attend. “If you haven’t seen a jacaranda lit at night, than you must visit UQ Lakes during the festival and find your favourite tree,” Sybilla said. The University of Queensland has a spectacular display of purple blooms. In what has been a phoenix-like rise from the ashes, Brisbane’s market has shown a resilience that Alex Jordan of McGrath Paddington said was nothing short of mind-blowing, with buyers quick to move on from the initial post-flood fears – leading to one of the strongest markets he’s seen in decades. So while I know that with some properties that were flooded, you have to be careful because some of them were only cosmetically fixed – I did my homework.”. From pale mauve to brightest ultra violets, the city is awash with a purple haze. Grafton’s Jacaranda Season is a way to plug into that sense of wonder. Deputy Vice Chancellor Academic Professor Joanne Wright, said BLOOM Festival was one of many events supported by the UQ Student Strategy to provide a vibrant and inclusive campus for all to enjoy. Brisbane has well and truly woken up from its winter slumber with the colours of Spring brightening up the city. Brisbane (/ ˈ b r ɪ z b ən / BRIZ-bən) is the capital of and the most populated city in the Australian state of Queensland, and the third most populous city in Australia.Brisbane's metropolitan area has a population of over 2.5 million, and the South East Queensland metropolitan region, centred on Brisbane, encompasses a population of more than 3.6 million. Jacaranda is a genus of 49 species of flowering plants in the family Bignoniaceae, native to tropical and subtropical regions of Latin America and the Caribbean.. But after that, it has gone up and up. “To be honest, we see it as a good thing because the scale of the renovation was two-thirds of a new home – so we took the opportunity to invest a bit of our own money on top of the insurance to reconfigure it exactly how we wanted it,” Mr Rubens said. The City Botanic Gardens has three species of jacaranda… Lots of folks and cruisy setting. Jacarandas are a coveted tree around the world. Purple flowering trees dot the parks and neighbourhoods of Brisbane (and surrounds) during the spring time. 77 Munro Street, St Lucia QLD 4067 And while the right insurance was front of mind for home owners and home buyers in the immediate aftermath of the floods, Mr Mitchell said that, 10 years later, that was not always the case. Although native to Brazil, the gigantic canopies known as jacaranda trees have surely found a home in Australia. 3. Lavender Bay North Sydney. “Our most prestigious properties that transact now are typically in flood-zone areas. There were some alarming predictions. This (still) influences their opinion, but there’s a lot of high-end homes in the market that are trading now way beyond prices they were achieving before the floods. The much loved jacaranda season will be the focus of the second annual UQ BLOOM Festival at The University of Queensland from 17-27 October. “The Brisbane market is so strong, and stock is so light, that the floods are simply not part of the conversation anymore,” Mr Jordan said. In mid-October to mid-November, the streets and parks of this Northern New South Wales city are transformed into something out of a dream when the Jacarandas explode in all their purple glory. Grafton’s just a few hours south of Brisbane … This is a trend that’s never been seen before. Incredibly, we won it for a bargain. In January 2011, one of the worst floods in Brisbane’s history struck, forcing hundreds to lose their homes, thousands more to rebuild and to leave entire suburbs all but washed away as property experts warned the capital’s worst-hit regions might never recover. I don’t want to scare people away from buying homes, but they need to be aware of whether they’re in a flood-prone area. Jindalee resident and Ray White Centenary agent Tina Saidi was another Brisbane local who snapped up a flooded home post-2011 and said while that fateful January was nothing short of devastating, the entire region had not only recovered from the inundation, but soared to new market heights. “We always loved this area … but after a couple of years (of living in a unit on Fairfield Road) we didn’t think we could afford to purchase a house in Fairfield,” Mrs McHardy said. “As soon as we saw it, I asked my husband to make an offer, and he didn’t, he forgot. But then we saw it again online and it was up for auction. This time last year it was 60 days. “It’s about having insurance and, importantly, having the right insurance. Service Improvement Manager (Engagement) Sybilla Wilson said the festival was a great way to make the most of spring, while celebrating the stunning St Lucia campus. Queensland, Privacy We found a block with a Queenslander on it on Sharp Street in early 2014 … it was quaint and cute and close to the river, and we felt the demand for it wasn’t as strong as we expected – maybe everyone was still terrified. It was almost a 1000-square-metre block just four kilometres from the city, and we paid $630,500.”. “But honestly, I have never seen the Brisbane market so strong in my 21 years … and it feels like next year is likely to be the best growth year since 2007.”. “We’re opposite a park, and it’s beautiful in jacaranda season because it’s a flood of colour and next to the park is a sports field, so it’s really quiet. “We opened it up and put in a big kitchen that was twice the size of the old one, and we had a huge storage area downstairs that we turned into a home office and we already had one so now we have two. The bright purple flowers become part … “We’re opposite a park, and it’s beautiful in jacaranda season because it’s a flood of colour and next to the park is a sports field, so it’s really quiet. Ross McKinnon, former curator of the Brisbane Botanic Gardens, said the first jacaranda tree planted in Australia was in Brisbane. They were introduced from Brazil in the early … This is very evident in Brisbane QLD. “These specific enquiries have dropped off — whether this is because of comfort that flood cover was addressed by the inquiry or complacency [we don’t know]. In sub-tropical Brisbane, the jacarandas bloom throughout October – transforming the hills, park and waterfront with a burst of spring colour. “In 1974, the floods had come up halfway through the house, and in 2011 it lapped at the floorboards. 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