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Record house prices have been smashed in ten Gold Coast suburbs in 2021 as outrageous demand for residential property across the region shows no sign of slowing. From waterfront homes to hinterland retreats, property is being snapped up at lightning speed with sellers achieving eye-watering prices, amid strong inquiry from interstate and overseas buyers. Suburbs.
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.
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.
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.
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.
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.
If you thought the Coast’s building boom was over, think again. The current rate of construction is too slow, according to a State Government target and the city needs significant development in a short-list of three suburbs. CITY leaders have set their sights on three suburbs bordering the Broadwater as the Gold Coast’s new development.
