Blogs & Updates
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.......
Record $30.2 Billion in home loans in March as property prices continue to increase through Apri
Posted
at 07 May, 2021
. . . 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.......
More than half the properties in Australia are cheaper to buy than rent.
Posted
at 29 April, 2021
. . 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.
Posted
at 07 April, 2021
. . 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.
Posted
at 07 April, 2021
. . . 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%
Posted
at 07 April, 2021
. . . 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.......
Australian property prices rising to highest point in 17 years.
Posted
at 05 March, 2021
. . . 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.......
Queensland property is booming
Posted
at 24 February, 2021
. . . . 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 CBA is forecasting a surge in House prices of 16% and Unit prices of 9%
Posted
at 16 February, 2021
. . 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%.......
Gold Coast Property Capital Growth with strong Rental Demand and Returns
Posted
at 04 February, 2021
. . 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.
Posted
at 25 January, 2021
. . 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.......
RBA says low interest rates could push up House Prices Up 30%
Posted
at 20 January, 2021
. . . . 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.......
Reserve Bank of Australia drops cash rate to historic low of 0.1% which fuels property market
Posted
at 04 November, 2020
. . 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
Posted
at 02 November, 2020
. . . . 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.......
Tax cuts and other measures tipped to help Housing
Posted
at 08 October, 2020
. . . 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
Posted
at 01 September, 2020
. . 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.......
Gold Coast Light Rail Stages 3 and 4 moving into the future
Posted
at 11 August, 2020
. . . 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 avoiding coronavirus predictions
Posted
at 11 August, 2020
. . 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.......
Australians with Mortgages have refinanced a record $15 Billion in May 2020
Posted
at 18 July, 2020
. . 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.......
Fabulous Green Towers of the Future set for Brisvegas
Posted
at 08 July, 2020
. . . 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.......
Inequality propelled by Housing-Boom and Covid-19
Posted
at 12 June, 2020
. . . 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
Posted
at 08 June, 2020
. . 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
Posted
at 04 June, 2020
. . 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
Posted
at 04 June, 2020
. . . 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.......
Living Architecture - Key to Post-Pandemic Cities
Posted
at 11 May, 2020
. . . 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.......
Clean Energy could create over 50,000 new jobs
Posted
at 05 May, 2020
. . . . 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.......
Ignoring Renewables - Selling Farms – No Manufacturing – Australian Governments pitiful record
Posted
at 13 April, 2020
. . . 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.......
