Property Investment News

Booming Coomera to be home to residential community Camelot

Camelot in Coomera is the latest residential community in the heart of the booming Northern Gold Coast growth corridor suburb of Coomera. Location-wise, Camelot offers everything for growing families. The area is home to numerous primary and secondary schools, the Coomera Marine Precinct and a modern TAFE campus. Stage 1 of the billion dollar Coomera Town Centre…Read More→

Gold Coast house prices have tripled over the past 20 years

HOMEOWNERS who bought a house on the Gold Coast two decades ago could sell it today for triple the price they paid. New data from property market research firm Propertyology shows the city is one of 111 Australian locations where median house prices have tripled over the past 20 years. The research was conducted between…Read More→

Foundations laid for new hotel at Gold Coast airport

Gold Coast Airport has completed laying the concrete foundations for a new hotel at the site. It involved the pouring of 2,050 cubic metres of concrete. Queensland Airports Limited executive general manager, property and infrastructure Carl Bruhn said the 3,000 square metre concrete slab forms the foundations for a $50 million seven-storey, 192-room hotel. The…Read More→

Gold Coast development Sunland files revamped The Lanes Residences development application

THE height of a $1.3 billion luxury mini-city planned for a major Gold Coast development site is going up. Developer Sunland has filed revised plans for its four-tower The Lanes residences project, planned for a Clear Island Waters site ahead of its release to the market in coming months. According to the new plans, the…Read More→

Gold Coast rental market softening with more properties on offer

TENANTS considering shopping around for a cheaper rental property could be in luck, with more options reported to be available now compared to a few months ago. The REIQ’s latest Quarterly Regional Market Monitor report shows the vacancy rate increased only slightly in the March quarter to 1.8 per cent, reflecting a tight market. However, institute chief…Read More→

Queensland budgets hits property owners with higher taxes

The Property Council of Queensland has raised concerns that commercial rates are being increased above inflation, following the announcement of 3.5% increases in this year’s Budget. “With statutory valuations increasing dramatically across Brisbane, and the State Government’s new land tax increases, we’re going to see a lot of pressure on rents for local businesses,” Property Council executive…Read More→

Largest sales activity fall in Queensland recorded across Gold Coast CoreLogic

Gold Coast sales activity has fallen 17% over the year to February 2019, according to the latest CoreLogic Regional Report. The report suggests it was the largest fall recorded across all five regions in Queensland. Of the 15,475 dwellings that transacted, 43% were houses, while 57% were units. Gold Coast home values are down slightly when compared…Read More→