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PLANS for a three-tower luxury residential development worth $900 million have been revealed for a prominent patch of the Gold Coast.

PLANS for a three-tower luxury residential development worth $900 million have been revealed for a prominent patch of the Gold Coast. It will be the first Queensland project for RDG, a wholly owned Gold Coast-based company whose parent company is China-based Ridong. It paid more than $80 million for the 1.13ha beachfront parcel at Surfers […]

Gold Coast High Rise Apartments at a 6 Year Low! (15/10/10)

The volume of high rise apartments for sale in the Gold Coast region has fallen from 1296 to 839 during the last twelve months, based on the most recent Midwood Queensland Investment Report. This is the lowest the number has been since about 2004. The fall is essentially due to a reduction in the number […]

Properties in Surfers Paradise, Southport and Labrador are tipped to be in demand (15/4/10)

Property analysts have tipped the heart of Queensland’s glitter strip to be among the top performing suburbs in the property market this year. The latest quarterly report by Colliers International highlighted Surfers Paradise, Southport and Labrador as hot spots in 2010, with house and unit prices set to soar between seven and 10 per cent. […]

Queensland Property Market Going Up Again (08/09/09)

Queensland’s residential property market has shown its staying power over the June quarter with increasing sales and median house price growth in many areas. After an uncertain year, the latest Real Estate Institute of Queensland (REIQ) median sales data shows a return to form for the State’s property market. “We are cautiously optimistic that the […]

Rates Steady & Gold Coast Development Under Control (02/07/09)

Further to today’s interest rate announcement that rates will remain steady for another month at 3%, the State Government last week revealed that more than 60% of the Gold Coast will be protected from development under the long-term plan for the region. Infrastructure and Planning Minister Stirling Hinchliffe said the South East Queensland Regional Plan […]

Unit and townhouse market resilient (26/06/09)

The Queensland unit and townhouse market has stayed resilient over the March quarter, according to the Real Estate Institute of Queensland (REIQ). The REIQ March quarter median unit and townhouse prices show not only steady prices in most areas but also modest increases in sales numbers. Demand from first home buyers continues to underpin this […]

Government promise to abolish stamp duty for first home buyers (26/06/09)

The¬†Queensland Government is continuing to court first home buyers¬†with a promise to abolish stamp duty for land worth up to $250,000. Currently first home buyers with vacant land valued at up to $150,000 are exempt from the transfer tax but that will be increased to $250,000 from July 1. There will also be concession for […]

Buyers settle on beachside luxury at Kirra Surf

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 […]

Foreign Investment Review Board (FIRB) Australia – Residential Property Changes

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 […]

Sunland moves in on Royal Pines (21/10/08)

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 […]