Westpac economists have gone full circle in their house value forecasting, with prices to soar from December 2021. They had been expecting between April 2020 and June next year, the national price index to fall by 10 per cent. But last week they updated their forecasting, stating prices would only drop five per cent between April…
STRONG SALES CONTINUE AT OMEGA APARTMENTS DESPITE CHALLENGING TIMES
Luxury residential property developer HG Developments’ new lifestyle building in Brisbane’s inner city has sold 18 apartments in recent months to local, interstate and international buyers across all price points and demographics, despite the uncertainty of Covid. Of the recent 18 apartment sales at Omega Apartments, 85% of the buyers are from Brisbane, 10% from…
Living it up in the inner city
A luxury inner-city development, below, which features a subtropical rooftop sky garden with a fire pit, pool and yoga deck as well as a double-storey gym and function room, has recorded strong demand for apartments through the COVID-19 period with 18 sales to local, regional and overseas buyers. HG Development’s Omega complex at 61 Brookes…
Off-the-plan unit buyers eligible to receive Federal Government’s HomeBuilder scheme
While most of the focus has been on single home construction, there’s been a boost for fresh off-the-plan project offerings in the Federal Government’s HomeBuilder scheme. Following the hasty launch of the scheme in early June, the Federal Minister for Housing and Assistant Treasurer Michael Sukkar confirmed off-the-plan apartments were eligible for grants. According to…
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…
Exclusive photographs: view from Gold Coast’s twin towers to transform tourism industry
NEW photographs showcase a luxury five-star twin tower development which is tipped to put Burleigh on the world tourism map. Graphics obtained by the Bulletin for the first time show the magnificent beach views from hotel rooms along with the upgrade of The Esplanade fronting the resort and residential towers to be built in First…