Gold Coast house values record the biggest growth in Queensland

The Gold Coast has recorded the strongest growth in house prices in Queensland over the past 12 months.

GOLD Coast house prices are leading the way in Queensland, up six per cent in the past 12 months to an average $620,000.

The latest figures by the Real Estate Institute of Queensland show homes on the Glitter Strip are $35,000 more on the same time last year.

Unit prices are up 1.9 per cent to $428,000.

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quick-sell-out-prompts-new-land-release

Sanctuary Cove aerial

Sanctuary Cove has fast-tracked stage three of its Sanctuary Point land release, after stage two sold out within seven months.

Stage two has become the $2 billion estate’s fastest selling land release since Sanctuary Hills more than three years ago, achieving $18m in sales.

Just five lots remain available for purchase in stage one.

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REIQ Gold Coast chairman shares property market outlook

An aerial view of the Surfers Paradise skyline.

WOW! Our Commonwealth Games were amazing.The Games well and truly put the Coast in the global spotlight and what is really exciting is that the research from previous events like Glasgow and London show the economic benefits will flow to the city for many years to come.Now, what’s the outlook for the Gold Coast property market?Our population is now around 580,000 people and is growing by around 10,500 people a year.
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Market Update: It's Time To Shine

PRICES ARE UP, THE ECONOMY IS STRONG, SO WHAT COULD POSSIBLY HOLD THE GOLD COAST PROPERTY MARKET BACK IN 2018?

Gold Coast homes posted some of their best gains in a decade over 2017, and according to one senior analyst the city has the fundamentals to continue growing for a little while yet.

Figures from CoreLogic show the Gold Coast median house price climbed 7.9 per cent in a year that was dominated by news of a slowdown in Sydney’s residential market.
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anzac-day

In 1914, the cabled reports from Europe gave an Increasingly desperate forecast – Europe was teetering towards war in a conflict between an increasingly stronger and powerful German empire and the rival British, French and Russian alliance.

As Britain returned to work after the August Bank Holiday Monday, war was declared on Germany and the declaration involved the whole British Empire. Australia’s Prime Minister Joseph Cook said: “If the Old Country is at war, so are we”.

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gold-coast-property-management-bloor-homes

A $30 billion pipeline of private and public development will be rolled out on the Gold Coast over the next decade, putting paid to criticisms it would suffer a post-Commonwealth Games slowdown.

Nearly $20 billion in housing and apartment projects will meet the city’s ongoing growth, while a further $10 billion in public and private infrastructure is either underway or planned for the city post Commonwealth Games. Read more

Gold Coast’s top family suburbs: how does your neighbourhood rate?

Amy Devon and Andrew Gray with their son Beau Gray at their new Maudsland house. Picture: Glenn Hampson

FAMILIES are flocking to the northern Gold Coast in droves with three suburbs making the region’s top five suburbs for families, new data reveals. Read more

gold-coast-rentals
 HOMEOWNERS are sitting on real estate gold mines as the Gold Coast defies a nationwide slowdown of property prices.

The Gold Coast was one of just two regional cities in Queensland to post an increase in both house and unit values over the past year.
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coomera-indoor-court

Coomera Indoor Sports Centre, the venue that will host the Gold Coast 2018 Commonwealth Games (GC2018) Artistic and Rhythmic Gymnastics as well as the Netball competition.

This is a wonderful facility that will be a lasting legacy of the Commonwealth Games, and just one more reason to call the Gold Coast home.
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Great News for Gold Coast Investors

THE GOLD Coast’s already tight rental vacancy rate has constricted to an all-time low.
According to REIQ December quarter rental data, the vacancy rate of the Coast is just 1.1 per cent, dropping from 1.9 per cent the quarter before.
The Coast is now one of the tightest rental markets in the state.

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