RBA Cash Rate stays firm at 4.35% for Christmas.
Posted
at 05 December, 2023
RBA Cash Rate stays firm at 4.35% for Christmas. The Reserve Bank of Australia (RBA) has left the cash rate at 4.......
News Updates
Gold Coast’s First Surf Park Wins Council Backing
Posted
at 05 December, 2023
Gold Coast's First Surf Park Wins Council Backing The council in one of Australia's surfing heartlands the Gold Coast has thrown its support behind plans for the city's first wave park.......
Regional markets still reeling from rising rates and shifting migration patterns
Posted
at 28 August, 2023
Regional markets still reeling from rising rates and shifting migration patterns Despite regional housing values rising for the past five months, a new analysis of year-on-year performance shows many markets are still reeling from high interest rates and ......
Gold Coast infrastructure projects equate to healthy property investment option.
Posted
at 05 July, 2023
Gold Coast infrastructure projects equate to healthy property investment option. Just two of the big infrastructure projects on the Gold Coast are obvious reasons that growth is rapidly increasing which makes property investment a healthy option.......
Smooth sailing for July after 12 rate rises in a row the RBA keeps cash-rate at 4.1%
Posted
at 05 July, 2023
Smooth sailing for July after 12 rate rises in a row the RBA keeps cash-rate at 4.1% After 12 rate rises in a row the RBA keeps rate at 4.......
Home Values rise for the 3rd month in a row.
Posted
at 01 June, 2023
CoreLogic's national Home Value Index (HVI) has recorded a third consecutive monthly rise, with the pace of growth accelerating sharply to 1.2% in May. After finding a floor in February, home values increased 0.6% and 0.......
Interest rates up to 3.85% and some Off-The-Plan Buyers nervous.
Posted
at 05 May, 2023
Interest rates up to 3.85% and Off-The-Plan Buyers nervous. With the RBA raising the interest rate to 3.......
National home values up 0.6% in March
Posted
at 03 April, 2023
National home values up 0.6% in March After remaining virtually flat in February (-0.1%), CoreLogic's national Home Value Index (HVI) posted the first month-on-month rise since April 2022, up 0.6% in March.......
Interest rates push $600,000 mortgage payments from $2,600 to $3,680 per month.
Posted
at 08 March, 2023
Interest rates push $600,000 mortgage payments from $2,600 to $3,680 per month. The Reserve Bank of Australia (RBA) raised interest rates 0.25% yesterday the 7th of March 2023, raising the cash rate from a record low of 0.1% in May 2022 to 3.......
$300 Million Mantaray Marina and Residences at The-Spit on the Gold Coast.
Posted
at 02 March, 2023
$300 Million Mantaray Marina and Residences at The-Spit on the Gold Coast. The Spit just north of Surfers Paradise is now the focus of a $1.......
RBA interest rates climb but who can govern the big banks?
Posted
at 02 March, 2023
RBA interest rates climb but who can govern the big banks? The table of records below show the percentage change in the cash rate and changes taken from the RBA website. 7 March 2023 +0.25 3.60 8 Feb 2023 +0.25 3.35 7 Dec 2022 +0.25 3.10 2 Nov 2022 +0.......
Regional Queensland is still the big draw card for Australia’s shifting population.
Posted
at 02 March, 2023
Regional Queensland is still the big draw card for Australia's shifting population.......
The most expensive home ever auctioned in Queensland sells $42 Million.
Posted
at 02 March, 2023
The most expensive home ever auctioned in Queensland sells $42 Million.......
Huge investments in Build-to-Rent developments while housing supply and rental vacancies tighten
Posted
at 03 February, 2023
Huge investments in Build-to-Rent developments while housing supply and rental vacancies tighten.......
Property sales slowing but rental supply short as the rich get richer and the needy suffer
Posted
at 09 January, 2023
Property sales slowing but rental supply short as the rich get richer and the needy suffer Australian Renters are still in a negative position with rental shortages and exorbitant prices holding firm.......
RBA raises cash rate for the 8th month in a row from 2.85% to 3.1%
Posted
at 07 December, 2022
RBA raises cash rate for the 8th month in a row from 2.85% to 3.1% The Reserve Bank of Australia (RBA) has raised rates for the 8th month in a row from 2.85% to 3.1%, lifting the official cash rate to its highest level in 10 years.......
Queensland landmark energy plan blows out by $14 Billion
Posted
at 07 December, 2022
Queensland landmark energy plan blows out by $14 Billion The Queensland Government's energy plan would need $76 billion in investment in real terms by 2040, not the $62 billion currently quoted by the Government, according to the latest EY reports and mod......
Australia is under-supplied of 26,000 New Homes that were not built
Posted
at 11 November, 2022
Australia is under-supplied of 26,000 New Homes that were not built After one of Australia's biggest property booms, we are still around 26,000 new homes short of the needed supply.......
Property’s seesaw ride & RBA 2.85% Cash Rate, but there’s always a winner
Posted
at 04 November, 2022
CoreLogic's home value index shows that Brisbane's house prices slumped by 2% in October, a sharper fall than in any other capital and their largest monthly decline on record. But Brisbane had a more substantial upswing of 42.7% compared to Sydney's 27.......
Rentals tighten, growth eases, constraints are working
Posted
at 19 October, 2022
. . . Rentals tighten, growth eases, constraints are working Australia's rental market continues to tighten to record levels, the pace of rental growth has started to ease, suggesting affordability constraints are having an impact.......
Reserve Bank of Australia raises cash rate by .25% to 2.60%
Posted
at 19 October, 2022
. . . Reserve Bank of Australia raises cash rate by .25% to 2.60% At its meeting on 4 October 2022, the RBA Board decided to increase the cash rate target by 25 basis points to 2.60 per cent.......
Queensland Population Boom is good for some and sad for others
Posted
at 03 September, 2022
. . . Queensland Population Boom is good for some and sad for others The Australian Bureau of Statistics (ABS) recent National, State and Territory Population release shows our national population grew by 0.5% during 2021.......
New Home build costs soar more than $94,000 in 15 months
Posted
at 13 July, 2022
. . . Build costs soar more than $94,000 in 15 months Housing Industry Association (HIA) stats reveal house building costs jump by $94,000 in the strongest rise since 1982: ABS.......
RBA and Bank interest rates into the great unknown
Posted
at 13 July, 2022
. . . RBA and Bank interest rates into the great unknown The Reserve Bank of Australia (RBA) has raised the cash rate by 50 basis points in July, taking it up to 1.35%. Australia's major banks fix rates are anywhere from 1.75% to 2.......
Housing construction costs unhappy increases
Posted
at 18 June, 2022
. . . CoreLogic's Cordell Construction Cost Index (CCCI) for Q1 2022 showed national residential construction costs increased 9% over the 12 months to March 2022, the highest annual growth rate on record outside of the introduction of the GST (10.......
REA supports off-site construction homes that help ease the shortage.
Posted
at 19 May, 2022
. . . REA supports off-site construction homes that help ease the shortage. Homes that were built off-site are being transported to their destination on the Gold Coast to help families who need housing.......
Queensland rental crisis hurts tenants and rewards investors
Posted
at 13 April, 2022
. . . Queensland rental crisis hurts tenants and rewards investors It's a sad situation for people who need affordable accommodation in Queensland as rental crisis pushes people to the brink.......
The Gold Coast Australia’s Favourite City
Posted
at 22 March, 2022
. . . The Gold Coast Australia's Favourite City Queensland's population has spiked faster than any other state or territory, according to the Australian Bureau of Statistics.......
South East Queensland Rapid Growth with $1.1 Billion Rail Upgrades
Posted
at 24 February, 2022
. . . Queensland Commits $1.1bn to Pre-Olympic Rail Upgrades More than a billion dollars will be spent to bring the Brisbane-Gold Coast rail link up to scratch before the 2032 Olympic and Paralympic games. The $1.......
Gold Coast Manufacturing is now third largest industry
Posted
at 16 February, 2022
. . . Once upon a time the Gold Coast was based on Tourism, Construction, and Retail Trade, but this beautiful Region is maturing into a sustainable location with stability and serious long-term growth.......
Property prices raised by 6.7% or $50,000 in the June quarter 2021
Posted
at 07 October, 2021
. . . Property prices raised by 6.7% or $50,000 in the June quarter 2021 According to the Australian Bureau of Statistics (ABS), property prices are now up 16.......
Very sad situation when young Families cannot afford to buy a home
Posted
at 07 October, 2021
. . . Very sad situation when young Families cannot afford to buy a home Australian housing prices rise at a rate not seen since 1989 According to CoreLogic's national home value index prices rose another 1.......
Property buyer demand has reached record high levels
Posted
at 09 September, 2021
. . . Property buyer demand has reached record high levels Property buyer demand has reached record high levels through extended Covid-19 lockdowns in Australia's biggest property markets with purchasers having limited choice as prices continue to rise.......
Australian property prices are $103,400 higher than last year, CoreLogic says
Posted
at 02 September, 2021
. . Australian property prices are $103,400 higher than last year, CoreLogic says Sydney's median property price lifted 1.8pc to $1.04 million in August.......
Record Sales Absorb Gold Coast Apartment Supply
Posted
at 01 September, 2021
. . . 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
Posted
at 01 September, 2021
. . 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
Posted
at 10 August, 2021
. . . . 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
Posted
at 10 August, 2021
. . . 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.
Posted
at 01 July, 2021
. . . 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.
Posted
at 01 July, 2021
. . . 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
Posted
at 10 June, 2021
. . 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.......
