An increasing number of residents in Victoria are looking to permanently leave the state after the imposition of new COVID-19 restrictions – and many have Queensland in their sights. Adam Coward, chief revenue officer at removalist booking firm Muval, told 9 News that his company’s website has seen a dramatic spike in visitors over the…
Gold Coast Airport Rail Plans Pick Up Steam
Plans are picking up steam to connect the Gold Coast light rail to the airport and create a pedestrian “ocean-way” along Palm Beach. Council and the state government are embarking on the $7 million joint venture to create a business case for the rail project aimed to boost the local economy. The link will run…
PRESTIGE BUYERS READY TO BID FOR RARE BRISBANE RIVERFRONT PENTHOUSE
A rare opportunity to purchase a lavish penthouse more than three and a half times the size of an average home has piqued the interest of buyers from the top end of town. The Manhattan-style residence occupies a sprawling 694sqm of prime waterfront real estate positioned 58 metres into the sky to capture uninterrupted views…
Brisbane’s Most Sought-After Development Projects
Queensland is continuing to draw the attention of international buyers as global unrest from the Covid-19 crisis fuels a spike in inquiry for new property from foreign investors. Residential property in both Brisbane and the Gold Coast has remained high on the radar of foreign investors—especially those located in Hong Kong—with international searches lifting 22 per cent…
Australia’s Luxury Market “Most Resilient”
Australia’s prime residential market was the strongest performer during the second quarter of the year, with prices remaining resilient despite the impacts of the COVID-19 outbreak, according to the latest study by Knight Frank. The Australasian and the North American region were the most resilient during the quarter, but the former reported the strongest performance…
Queensland Plans Abbot Point Space Launch Site
Queensland is hoping to boost its $760 million space industry with a new rocket launch site in the Whitsunday region. The Abbot Point orbital rocket launch site has been identified by Pricewaterhouse Coopers and the state government based on a range of technical, operational, environmental and infrastructure-related considerations. The area near Bowen is currently known…