Gold Coast Property News Coomera will move from back yards and double garages to high rises of up to 15 stories as council moves to create a Surfers Paradise in the ‘burbs. The Gold Coast City Council plan would make the ‘family belt’ at east Coomera one of the city’s most densely populated suburbs. The [...]

Robina and Varsity Lakes continue to be at the centre of billions of dollars in development, with new research by Colliers International showing about two-thirds of the $7.1 billion of major projects in the area have begun. The report found $4.54 billion of developments identified in the region — which takes in Robina, Varsity Lakes, [...]

After a recent tender, the former National Australia Bank building at 12-14 Albert Avenue in Broadbeach now has a new owner. Believed to have been purchased by Melbourne business man George Raptis (unrelated to Gold Coast based Raptis Group), the price of $7.7m is well short of the $12m+ price offered by Matthews Property Group back in July [...]

It seems that the waiting game for Gold Coast prestige property prices to bottom out has come to an end with cashed up city millionaires madly rushing to buy before prices soar again. Almost $27 million has been spent on Gold Coast luxury apartments in the past fortnight, including $2.75 million for a penthouse in the [...]

Gold Coast Property News: June 20th, 2009 The Gold Coast’s southern beaches continue to attract luxury apartment buyers, with $3.245 million worth of property settling at one of the area’s premier developments, Kirra Surf, in the past month. Buyers from across Australia have snapped up apartments during the latest sales run at the $95 million [...]

The Australian Government has announced changes for foreign persons purchasing property in Australia. The primary goal of these new Foreign Investment Review Board (FIRB) laws is to make sure that foreign investment in residential real estate increases the supply of dwellings and that it is not speculative in nature. The policy aims to direct foreign [...]

Gold Coast Bulletin, October 24th, 2008 AS Indy kicks into gear, the Howard Group has unveiled its long-awaited plans for a $170 million `floating’ high rise to be built alongside the Surfers Paradise circuit. The Howard Group, led by V8 enthusiast and Indy fan Mark Howard, has revealed plans for the unnamed 40-storey tower on [...]

October 23, 2008 CONSTRUCTION giant Brookfield Multiplex has stepped in to rescue a $700 million Hilton project in Surfers Paradise, Gold Coast. The project is the Hilton Hotel , being built by debt-stricken property firm Raptis Group. Brookfield Multiplex will provide funding as a joint venture partner on the five-star hotel, with expectations the project [...]

Gold Coast Bulletin – October 21st, 2008 SUNLAND Group has flaunted its financial strength yesterday emerging as the $28 million buyer of the residential and marina precinct at Royal Pines Resort. It is the Q1 developer’s first Gold Coast property deal since last November and it has indicated further acquisitions are on the horizon. The [...]

Gold Coast Bulletin – October 18th, 2008 THEY’RE from Russia and they’re packing much more than love. Russian investors have embarked on a love affair with the Gold Coast and it looks like being a long-term relationship. An international marketing group called Kontinent, which was launched on the Gold Coast last month, was set up [...]