Blog Archive
Record Sales Absorb Gold Coast Apartment Supply

. . . Record Sales Absorb Gold Coast Apartment Supply Red-hot demand due to pandemic-inspired sea-changers and downsizers has led to record apartment sales on the Gold Coast, dragging supply levels to new historical lows.......
Building demand drives 1.4% quarterly increase in construction costs

. . Building demand drives 1.4% quarterly increase in construction costs CoreLogic's national measure of residential construction costs show an increase of 1.4% in the three months to June 2021, outpacing the Consumer Price Index of 0.......
No End to Global House Price Surge

. . . . No End to Global House Price Surge The current residential boom is unlikely to bust thanks to housing undersupply, high employment levels and a strong economic forecast underpinning the market, according to new research.......
Property values up 13.5% last financial year plus 1.6% in July

. . . Property values up 13.5% last financial year plus 1.6% in July National home values rose 1.9% in June, taking annual growth to 13.5% for the financial year. The growth in Australian dwelling values was led by houses, which rose 15.......
New Unit sales increase by 100% on Gold Coast.

. . . New Unit sales increase by 100% on Gold Coast. Apartment prices have increased on average by 23% over the previous year with Urbis property research saying price growth is unsustainable but sales growth could continue.......
Sad reality for people needing to rent a home.

. . . Sad reality for people needing to rent a home. Over half of Australia's detached housing markets has become unaffordable for tenants as diminishing rental supply fuels large rental price increases in many areas.......
Construction Costs and delivery hold-ups causing Gold Coast Apartment Boom

. . Apartment sales on the Gold Coast have picked up pace in recent months with figures across 2021 so far outstripping the surge at the end of 2020.......