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Market Updates

 

16 November 2017

Land prices continue to climb on the Gold Coast

The median price of land on the Gold Coast is up 22.8 per cent in 12 months.
A COMMONWEALTH GAMES inspired building boom combined with ongoing supply issues has established the Gold Coast as one of the hottest land markets in the country.
Median land prices up 4.1 per cent from the beginning of 2017 to more than $395,000 in the September quarter.
 
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29 June 2017

Gold Coast hits $615,000 median house price

Looking at annual data, (which is less volatile than quarterly data) the Gold Coast has been one of the state’s best performers for the house and unit markets, reaching an annual growth of 6.4 percent for houses and 5.2 percent for units to March 2017.
 
The Commonwealth Games $160 million Roads package fully funded by the State Government has been one of the key drivers of economic development in the region.

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14 June 2017

Construction spree in Gold Coast ahead of Commonwealth Games

The Gold Coast is about to witness a spate of developments ahead of the Commonwealth Games in 2018.
 
More than 3,000 development applications have been made to the Gold Coast City Council this financial year, including several multimillion-dollar projects, according to the Gold Coast Bulletin.
 
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28 May 2017

Gold Coast's Pimpama pinpointed as Australia's home building hotspot by HIA

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20 March 2017

Gold Cost light rail's Stage 3A to run from Broadbeach to central Burleigh Heads

Revealed: THE light rail’s next stop will be Burleigh, with plans for a $600 million connection from Broadbeach set to take trams along the beachfront.

Read full article here
 
 
20 March 2017
 

Investor lending gathers pace as dwelling values surge higher

Interest rate cuts and the return of lending to investors over the past year have seen a re-emergence of investors as a dominant force in the national housing market.

At the end of last week the Australian Bureau of Statistics (ABS) published housing finance data for January 2017 and it showed that at that time, demand from the investment segment of the market was continuing to surge. 

 

Read full article here
 
 
17 March 2017
 

Terrace Homes on the Buyer's Wish List

The popularity of terrace homes is continuing to surge among central Gold Coast home-buyers who want to combine the best of both a house and an apartment.
Long synonymous with the inner suburbs of Sydney and Melbourne, terrace homes are increasingly being delivered in cities right around Australia – and purchasers are snapping them up.
 
Read full article here
 
 
 
28 February 2017
 

Ground work begins on the $1 billion Coomera Town Centre as towers proposed for boom town

COOMERA’S billion dollar boom is finally under way to create the area’s town centre as developers flock to the growth corridor.

Ground works have begun on the Foxwell Road site which will become home to the northern Gold Coast’s biggest shopping complex and the heart of the new central business district.
 

 

 

6 August 2016

Gold Coast land prices could jump to half a million 

Are you thinking of or are currently in the market to purchase a block of land on which to build your dream house? Based on this data, now might be the time to make a move before land prices sky rocket.

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15 June 2016

First Home Buyers get boost in State Government Budget (NOW $20,000 for 12 months starting 1st July 2016)  

Great initiative from the QLD State Government - helping first home buyers get into property market sooner.

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12 May 2016

Gold Coast Council community consultation backs southern coastal light rail airport link

THE light rail will travel to Burleigh Heads and along the coast to Gold Coast Airport under a plan to be ticked off today.

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8 May 2016

Gold Coast’s most rapidly expanding suburb is Pimpama in city’s north

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7 May 2016

The Gold Coast’s booming northern corridor is set for a population explosion

CITY infrastructure in the Gold Coast’s booming northern corridor is failing to keep up with the explosion of new estates as figures reveal Pimpama is home to two of Australia’s most popular estates.

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16 March 2016

John Symonds of Aussie Home Loans: HOMES will continue to be affordable on the Gold Coast thanks to the city leaving behind market booms and busts

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29 December 2015

Oxenford, Helensvale, Kirra and Coomera are the best places to buy for 2016

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19 October 2015

Buy in Hobart, Gold Coast and Melbourne – avoid Perth

Property investors wondering where to put their money in 2016 should look to Hobart, Gold Coast and Melbourne – and avoid Perth, SQM Research’s Louis Christopher said. 

Read full article here

 

28 September 2015

Leading financial commentator and Sunrise host David ‘Kochie’ Koch says Coast property ‘looks good’

FINANCIAL expert and Sunrise host David Koch has backed the Gold Coast to ¬deliver rivers of property gold.
“Every investment follows a cycle. A boom is always followed by a bust, and every bust is followed by a recovery … it’s just a matter of timing,” Mr Koch said.

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29 September 2015

John McGrath in an article for Switzer Daily talking about next growth market for property:

"Looking ahead, South-East Queensland is next. It will be Australia’s hottest market for the next three years. We’re already seeing lots of positive signs up north. Investors who feel they’ve missed the boat with Sydney and Melbourne should look to Brisbane and the Gold Coast for opportunities now. 

How much would you have given in 2012 to know that Sydney prices were about to skyrocket by almost 50% over the next three years? Would you have bought? Well, I think you’ll be looking back in 2018 and saying the same thing about South-East Queensland in 2015"  
 
Read full article here

 

22 August 2015

Gold Coast Bulletin - RealEstate section p.4

 

07 August 2015

Black spot: Exit 54 work begins tomorrow

WORK will begin on the $74 million dollar upgrade of the Coomera Interchange this weekend. 

State Minister for Main Roads Mark Bailey said the speed limit on the M1 at Coomera would be reduced from 110km/h to 80km/h while work is carried out at the busy interchange to reduce congestion.

Read full article here

 

22 June 2015

Valuer points to rising residential property markets for Gold Coast and Brisbane

THE latest report by property valuers Herron Todd White lists both the Gold Coast and Brisbane as rising markets but one market is in better shape.

The firm’s June report notes that the Gold Coast has put the GFC behind it with a recovering market.

Read full article here

 

7 June 2015

Hope Island town centre back on track as northern Gold Coast takes off

THE $1 billion Hope Island Town Centre project is back on track after years of delays as the city’s north becomes a hub of development.

A development application has been made to the Gold Coast City Council to build the shopping centre long proposed for the heart of the precinct, which has been beset by delays for more than a decade.

Read full article here

 

6 June 2015

Pimpama Village demand grows

The newest community in Pimpama providing investment opportunities and living solutions within the booming Gold Coast to Brisbane growth corridor. Wings Real Estate has teamed up with Choice Homes to present this modern style of living with the very affordable price tag! For further information contact our team today, and receive an up-to-date information on house and land packages.

 

5 June 2015

Gold Coast real estate: time to buy is now, says Vic property guru

BARRY Plant, whose name graces more than 80 real estate offices in Victoria, says it is time to buy Gold Coast property — but don’t expect boomtime gains.

The 64-year-old realtor, who made the Gold Coast his home six years ago, is putting his money where his mouth is — building a $6 million family residence at The Sovereign Islands.

“There’s a real window of opportunity for anyone looking to buy on the Gold Coast,” he said yesterday.

Read full article here

 

1 June 2015

John McGrath identifies the property golden triangle to buy now for capital growth

PROPERTY powerhouse John McGrath says there’s only one place in all of Australasia to be buying real estate right now.

And that’s in south east Queensland.

The founder and CEO of McGrath Estate Agents — who has 64 offices all over Australia — also thinks Sydney’s housing boom has almost run its course.

“Right now, you can lock in the cheapest money you have ever been able to borrow. I am telling my clients to buy on the Gold Coast or in Brisbane,” he told News Corp Australia, during AREC, the second biggest real estate conference in the world, being held on the Gold Coast.

Read full article here

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