Gold Coast property market holds strong despite fewer sales
The Gold Coast has weathered the storm that eroded the property market earlier this year, with house values holding steady despite fewer sales. CoreLogic’s latest Regional Market Update shows the city’s house values increased 0.3 per cent to $637,614 in the year to October despite the number of sales dropping 13 per cent. While data.
Government Accelerates $3.8bn Infrastructure Spend to Spur Economy
The federal government has announced it will put billions of dollars towards significant projects across the country, accelerating major infrastructure investments in a bid to stimulate the nation’s economy. Dismissing the move as “panic” or “crisis measures”, prime minister Scott Morrison announced he would bring forward infrastructure investment announcing $3.8 billion in funding over the.
Gold Coast house prices gradually climbing
Homeowners can breathe a sigh of relief as Gold Coast houses return to prices seen before the national property market slump. And industry players expect prices to continue to rise with more people moving to the city for its enviable lifestyle. Latest CoreLogic data to August shows the median house price jumped to $659,000 for.
Good news on the National First Home Buyers Scheme
Government gets green light to go halfsies with 10k home buyers A controversial scheme that will see the Federal Government go halfsies with 10,000 first home buyers a year has been given a green light to go ahead. This after the National Housing Finance and Investment Corporation Amendment Bill 2019 — which was first introduced.
New home sales building in Queensland
Queensland is leading the nation in terms of new home sales, with the state the only one to record a “significant increase” over the past quarter. The finding was contained in the HIA New Home Sales report – a monthly survey of the largest volume home builders in the five largest states. Speaking of the.
Property values rising across the Gold Coast
The Glitter Strip’s property market is starting to shine again as home values gradually rise. New CoreLogic figures released this week show property (house and unit) values on the Gold Coast have increased 1.9 per cent in the three months ending in October to $529,112 It was one of the best performing regional markets behind.
The most affordable Gold Coast suburbs within an hour of Brisbane
Coomera is considered one of the most affordable suburbs for houses within an hour’s drive of Brisbane. Gold Coast house hunters who regularly travel to Brisbane should consider property in four suburbs to help save time and money. CHOICE HOMES HAVE AWARD WINNING HOME AND LAND PACKAGES IN THIS AREA – CLICK HERE! Coomera, Ormeau, Oxenford and.
Major sports centre to be built in Pimpama
Major pieces of sporting infrastructure have been given the green light by Gold Coast Council. Contracts have been awarded for the construction of the Pimpama Sports Hub as well as the major refurbishment of the Miami Aquatic Centre. Mayor Tom Tate said the $80 million, 14 hectare Pimpama Sports Hub would be a game changer.