. . 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 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 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. 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. 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.......
. . 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.......
. . . Record $30.2 Billion in home loans in March as property prices continue to increase through April and beyond. The latest Australian Bureau of Statistics (ABS) report shows that new home loans reached $30.......
. . With extremely low interest rates driving the property industry we are seeing the result that it is cheaper to buy a home than to rent one.......
. . The Gold Coast City Council is planning Density-Housing not Forest-Destruction. Interstate migration is putting pressure on the Gold Coast region with only 20% of homes deemed affordable.......
. . . Properties are selling quickly across the Gold Coast. Properties are selling quickly across the Gold Coast with intense competition from; Young couples trying to secure a home as their nest-egg.......
. . . RBA keeps interest rates at record low of 0.1% The Reserve Bank of Australia (RBA) has kept interest rates at its record low of 0.......
. . . CoreLogic research has revealed that Australia's property prices rose 2.1% in February, marking their strongest national growth in 17 years with simultaneous rises across every state and territory which coincide with the record low interest rates.......
. . . . Westpac's senior economist Matthew Hassan said the state's markets were now very tight with "sales running well ahead of listings and extremely tight rental vacancy rates in most areas" tipping the market into a boom.......
. . The Commonwealth Bank (CBA) is forecasting a surge in house prices over the next two years of up to 16%, while unit price-growth will be more muted at 9%.......
. . We have seen some of the strongest signs of stability, growth and demand in the Gold Coast's Property Market through the pandemic, due to the Gold Coast's clean warm healthy climate and liveability aspects.......
. . Demand for Gold Coast homes to renovate is stronger than new home sales. There were 75,143 households apply for the $25,000 home grant under the Home-Builder scheme as at the end of December 2020, that's nearly double Federal Treasury forecasts.......
. . . . Analysts at the Reserve Bank have projected house prices could increase by 30 per cent over the next three years if low interest rates prevail.......
. . The Reserve Bank of Australia (RBA) drops cash rate to historic low of 0.1% which fuels property market Historically cuts to interest rates have fuelled housing market activity and generally put upwards pressure on dwelling prices.......
. . . . Gold Coast Homes maintain amazing stability and value Over the years many Gold Coast residents, particularly within the rental sector, have exited the Gold Coast and returned to their Family homes in Melbourne, Sydney etc.......
. . . Fast-tracked tax cuts for 11 million Australians, wage subsidies for young workers and business incentives underpin a big-spending federal budget aimed at creating jobs to drive Australia out of the coronavirus recession.......
. . Migration to the Gold Coast from Melbourne and Sydney is picking up pace rapidly There have been some substantial property purchasers on the Gold Coast from Melbourne and Sydney Buyers over the past few months.......
. . . Plans are picking up steam to connect the Gold Coast light rail to the airport and create a pedestrian "ocean-way" along Palm Beach.......
. . Queensland Gold Coast property market may avoid a predicted downturn due to the coronavirus pandemic with an increase in the number of interstate buyers looking for not only a sea change, but a clean warm healthy change of lifestyle.......
. . The Australian Bureau of Statistics (ABS) reported that 33,712 Australians refinanced a record $15 billion worth of mortgages in the month of May due to customer reaction as the country's first recession in nearly 30 years hits home.......
. . . The Aria Property Group has lodged plans to build a 30-storey tower with 382 apartments, a two level of residents rooftop entertaining area, plus a 1,350sq metre public park at the base of the building, and a ground floor retail component.......
. . . This is an interesting article by Ilan Wiesel, Liss Ralston, and Wendy Stone A housing boom that lasted from the mid-1980s with only minor interruptions has added to rising income inequality in Australia.......
. . Everyone thinks China is buying up Australia but the USA is buying far more In the 1960s and '70s the USA was purchasing Australia, then it was Japanese investment in the 1980s, and in 2019 China invested $78.2 billion in Australia. But China's $78.......
. . Government gives $668-Million to Wealthy for Home Renovations but the Needy go without Morrison and Frydenberg announced the details of the Government's $688-Million home-builder-scheme.......
. . . The New Tweed $673.2 Million Hospital Project is a Winner The Tweed Valley Hospital Development valued at $582 Million has had a significant top up with the State Government announcing it would invest an extra $91.......
. . . Lessons can be learned from the Covid-19 pandemic to design people-friendly buildings and cities that embrace the natural environment and make us more resilient to future pandemics.......
. . . . The Clean Energy Council's 'A Clean Recovery' outlines a plan to utilise Australia's extraordinary renewable energy and energy storage potential to jumpstart Australia's economic resurgence.......
. . . Australia was once a reasonably self-sufficient Nation who prided itself on quality products which were sought after internationally because of our high standards and regulations.......
. . RBA cuts rate to record low 0.25% Starts up the cash printing with quantitative easing The Reserve Bank (RBA) has cut interest rates to an all-time record low of 0.......
. . . . With all the talk of doom and gloom over Covid-19, which is based on fact if you get it from a reliable source. The Gold Coast has surprised us over the past few weeks with signs of growth and demand as buyers pick up pace, not slow down.......
. . . Predictions were correct with Australia's Interest Rate plummeting to an all time Record Low 0.5% The Government has also instructed the major Banks to follow suit and reduce the home loan rate to help all Australians.......
. . Corelogic data has revealed that more than a third of properties across Australia, being 33.9% are enjoying mortgage repayments that are less than the average weekly rental payments.......
. . . Brisbane-based developer Spyre Group is set to replace a 12-year-old apartment block with an 18-storey apartment tower on Burleigh's The Esplanade.......
. . . Australia's housing market looks set to make a full recovery by April after reaching its bottom last year, with the latest market research showing owner-occupiers lead the charge. National dwelling values bottomed out 8.......
. . . All future high-rise developments along The Spit will be restricted to a three-storey limit following community backlash against the masterplan.......
. . . Local motorists have been given their first look at the much-anticipated $1 billion M1 upgrade from Varsity Lakes to Tugun.......
. . . The Gold Coast's international education sector could soon be worth $1 billion according to new data revealing growth in the burgeoning industry.......
. . . . . Australia's recent housing market weakness has been attributed to a lack of demand, and not a glut of new supply coming onto the market, says the nation's largest mortgage lender.......
. . . . Twenty years ago about a quarter of Australians 27 per cent rented, but this figure has increased as the number of Australians owning their own home has fallen.......
. . . Property analysis firms SQM Research, Domain and CoreLogic, AMP Capital chief economist Shane Oliver who was one of the first to tip the big downturn, BIS Oxford Economics, ANZ, and the Reserve Bank of Australia.......
