Median house prices grew significantly over the June quarter, a new report has found. According to Mortgage Choice’s Real Estate Market Facts report, the median house price climbed 3.2 per cent to $533,243 last quarter. Mortgage Choice Senior corporate affairs manager Kristy Sheppard said the auction market had performed well, especially when compared with the [...]

RP Data’s national research director Tim Lawless has slammed claims Australia is currently in a housing bubble. According to Mr Lawless, a housing ‘bubble’ suggests housing values increased too rapidly and are set to experience a rapid decline, a fate not likely to come to fruition in Australia. “Bubble is a word that has been [...]

MARINA Mirage is for sale and Asia’s more affluent countries could be in the chase for the Gold Coast property. The colourful shopping centre, frequented by the rich and famous, will go to the market this week in an international expressions of interest campaign, leaving off any announcement of a price tag as yet. The [...]

June 17th, 2009 Private developers have proposed a $63 million sports and entertainment centre directly opposite Carrara Stadium. Brisbane-based Bramley Properties has proposed a complex of almost 35,000sqm on a 21ha site which will comprise a Southport Sharks-style sports club, shops, restaurants, offices and a Ferry Road-style boutique food and produce market. The proposal designed [...]

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 [...]

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 [...]

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 [...]