GC Bulletin - Coomera is poised to realise its potential as a mini-city and emerge as the epicentre of southeast Queensland real estate, according to Coast property figure Andrew Bell.
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GC Bulletin - Interstate and offshore buyers have decided the time is right to move back into a 'corrected' Gold Coast luxury housing market, according to Colliers International.
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SOUTH-EAST Queensland is on track to eclipse Melbourne's suburban sprawl to beome Australia's second largest metropolitan area within 50 years.
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Forget construction, the mining industry is about to hand Gold Coast labourers a golden ticket all the way to the bank.
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The boom suburbs of yesteryear are built out. The city's growing pains have been revealed in two new growth reports that highlight Federal Government plans to squeeze one million people into the Gold Coast.
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Gold Coast Airport's anticipated $100 million terminal redevelopmentis open for business.
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Another year is coming to a close and once again it has gone so fast. We would like to take this opportunity to thank everybody personally.
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What a difference a few months makes.
In early July 2009 the Governor of the Reserve Bank was still cautious but was noting that housing prices were moving upwards as were borrowings. He said "Economic conditions in Australia have been stronger than expected a few months ago", the spectre of increasing interest rates was starting to be a topic in our papers and thoughts.
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At its meeting today, the Board decided to raise the cash rate by 25 basis points to 3.5 per cent, effective 4 November 2009.
Statement by Glenn Stevens, Governor Monetary Policy RBA – 3/11/2009
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There are numerous “Ways To Profit From Residential Real Estate”; each with its own set of ‘pros’ and ‘cons’. Outlined below are three of the more common ways people are making money from residential property:
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It has been an amazing year, with the Australia wide growth in house prices being positive, and more amazingly, the rate of growth being the same to the year ending 30th September 2009 as it was to the year ended 30th September 2008. The rate of growth for both years was 4.62%.
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Do you love surprises? I don’t as a rule because they often come packaged up as problems!
The best thing we can do with a problem is rename it! It’s not a problem, it’s a “challenge”… and with every challenge comes an opportunity to grow!
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DEPARTMENT store Myer has staked a claim on the proposed $1 billion Coomera Town Centre, announcing plans to target the city's booming north for its third Gold Coast store.
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The cause of the Global Financial Crisis (GFC) was accurately reported but its’ effect was not. Those economic commentators and professors who were allowed most media airtime continually misreported what the lagging effect of the GFC would be when predicting our property market would mimic those in the USA and UK.
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Market wrap with John Edwards, CEO of Findmeahome and Residex.
What a year! It has ended with solid gains in the June quarter. No capital city in Australia turned in negative growth in the June quarter. The growth has been generally so strong that it is only Perth which, while it did put in a strong final run, prior adjustments were too large to be overcome. Brisbane provided the next poorest result with a growth number that is just negative and this number is so marginally negative that it is reasonable to assumw it was zero.
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RP Data - Property Pulse.
Since the onset of the Global Financial Crisis investment in Australia's residential markets has seen a lacklustre performance where investors have been somewhat thin on the ground - however investors are starting to venture back into property on the back of strong yields and an overall improvement in confidence.
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Lower interest rates have fuelled a surge in slaes of vacant blocks and house-and-land packages on the Gold Coast, surprising property analysts who are now tipping the end of the bust cycle.
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At its meeting today, the Board decided to leave the cash rate unchanged ta 3.0 per cent. Statement by Glenn Stevens, Governor Monetary Policy RBA.
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12 TIPS TO GET A GREAT PROPERTY VALUATION. By Michaela Ryan. Highly Recommended!!!
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Much evidence suggests the heat at the bottom end of the market is spreading upwards - Robert Harley. Housing has always led Australia out of recessions....This time, it appears no different - Macquarie Research.
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It is a matter of "consumer confidence". If people expect that the economny will fail they will "make it fail". A self fulfilling prophesy. If people believe money is scarce then they will not spend as much, reducing the amount of money flowing through the economy and turning their belief into reality. Recession or no reccession, is it in our pockets or in our minds??????
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House prices appear to have stabilised on the Gold Coast thanks to first home buyers, with the industry now predicting a positive turnaround from later this year.
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Secrets to the future revealed!
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Demand for new houses and units has seen Queensland's housing market record show the first upswing in more than 15 months.
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Home-buyers hitting the Gold Coast market now can expect an average 30 per cent increase on their house's value by the end of next year, according to a leading property analyst.
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A Gold Coast property expert says extending and doubling the Federal Government's new home-owners grant would be a catalyst for growing southern suburbs.
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Gold Coast Bulletin: January 2009
The last time interest rates were this low, Australians paid their mortgages in pounds, shillings and pence.
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By Nick Lockhart 16/1/2009
In 2000 the FHOG scheme was introduced. It was designed to offset the effect of the GST on home ownership. This national scheme is funded by the states and territories and administered under thier own legislation. Prior to its introduction there were various state government assistance programs at different times.
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By James Thomson.
There are several key elements affecting the overall economy, the stability or otherwise of each cab be integral to your business's viability for the year ahead.
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Financial News - Summer 2008/09. Further rate decreases are predicted into next year and this should take the heat out of our pockets. Together with falling fuel prices we can all stop holding our breath and get on with life as it should be.
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RP Data Property Pulse 14th November 2008. TOTAL ADVERTISED LISTING:
The latest survey by Westpac and the Melbourne Institute shows consumer sentiment rose by 4.3 per cent in November from October, suggesting that the recent falls in interest rates and petrol prices, as well as the government's economic stimulus package, are having a positive effect on the mindset of consumers.
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PRD Nationwide - Residential foreign investment especially in Queensland has hit it's highest level ever. Please read more.
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Australian Property Review - 6th November 2008. The latest results for October 2008. A short clipping!
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In these "turbulent" financial times, it is often difficult to assess where to invest your money.
For example, some of those who have lost heavily on the stock market this time around would have us believe that the stock market will be the first "investment avenue" to recover before the real estate market.
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Gold Coast Bulletin - 1st November 2008. This article talks about the lull in the Australian property market as being short-lived as investors and first home buyers will take advantage of the drop in property and interest rates!
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Picking the bottom of the property cycle is a difficult task, but in all likelihood the residential property market has now passed through the lowest stage of the cycle.
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Capitalising interest has always been a topical subject with no clear tax directive - reading this article will shed some light on the topic.
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Who benefits when new housing is in short supply??
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An article that appeared in the Sunday Mail - "Market Defies Fears, Values to Rise"
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Home buyers are being urged to move quickly, with house prices accross Queensland defying predictions of big drops.....
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This is possibly one of the most useful articles when you need an executive overview on the Australian Property market and basic economic trends.
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General Update - House prices in Australia will remain steady and not mimic the widespread falls seen in the US and Britian.......
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If you have the time read our comprehensive newletter for Quarter 2 2008 where we have taken the time to capture as much property information that we can get our hands on !
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While falls on the Australian share market have wiped out the gains of the past 15 months, the real estate boom continues to reach new highs.
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Herewith extracts from 3 newspaper articles to wet your apitite for investing in property in South East Queensland in the forthcoming couple of years !
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