Sydney’s housing market could be on course for a double-dip downturn as early as next month, after prices slowed faster than expected in November, sparked by the Melbourne Cup interest rate rise and a large lift in listings, CoreLogic data shows. Home values in the city lifted by 0.3 per cent during the month, which…
FOMO returns amid high migration and supply shortage
Expectations of strong capital growth and robust rental increases fuelled by record migration are enticing a growing pool of property investors like Marc Woolfson back into the market, despite higher interest rates. “I think there are really good opportunities for property values to increase strongly due to limited housing supply and high migration,” he said. Melbourne-based…
Queensland property continues to shine on: REIQ
Queensland property keeps proving itself to be a shining performer, according to quarterly median sales results released by the Real Estate Institute of Queensland (REIQ) today. The June 2023 quarter (April – June 2023) revealed that many of the Sunshine State’s property markets remain in an enviable position, with statewide median house prices rising by…
New Gold Coast Beachfront Development Release
TOTAL Property Group are proud to announce the forth coming release of one of the world’s most iconic beachfront addresses. These private residences offer lifestyle by one of the world’s leading luxury hotel brands. First sales release launching in December. Registrations for VIP priority access are now now available. REGISTER
Light rail extension from Broadbeach to Burleigh breaks ground, supporting over 700 good jobs
Statement Minister for Transport and Main Roads The Honourable Mark Bailey Major construction is underway on Gold Coast Light Rail Stage 3 (GCLR3), with upgrades to the Southport depot and essential underground services in Broadbeach and Mermaid Beach. Traffic changes are taking place on the Gold Coast Highway to relocate and upgrade major water main,…
Pelligra, Giannarelli Secure Ritz-Carlton for $480m Coast Project
Hospitality giant Marriott International will bring its luxury hotel brand The Ritz-Carlton to the Gold Coast in 2026, its third hotel in as many years after a two-decade Australian hiatus. The luxury hotel brand will take up residency in a proposed $480-million hotel and superyacht marina at Mariners Cove in Main Beach being developed by…