The State Government ends years of debate by announcing the last stage of the light rail will run along the coast to the airport. A two-year study by international consulting firm Jacobs Engineering has found the controversial coastal route from Burleigh through Palm Beach is the preferred option to complete the tram system’s north-south link. The State…
Gold Coast development: First look at giant Greenheart parklands project
A giant parkland two-thirds the size of New York’s iconic Central Park will be created on the Gold Coast. Greenheart will cover 220ha, stretching from Robina to Carrara, making it six times the size of the Southport Broadwater Parklands and rival Sydney’s Centennial Parklands. Plans developed by council staff in the past year and proposed…
Brisbane Olympic Games Could Deliver State $36bn
Queensland expects to see a $36.2 billion boost in tourism, jobs and exports should it secure the winning bid for the 2032 Olympic and Paralympic Games. Releasing its ‘blueprint’ for hosting the 2032 Olympics, the state government touts economic benefits “in the billions of dollars and jobs” across the next 20 years. The cost of running…
Major Infrastructure Projects Kicking Off Development
Population growth, congestion in capital cities, transport and arterial roads, as well as the need to improve regional connectivity has continued to drive record levels of spending on major infrastructure projects across Australia. More than $123 billion of construction work has commenced since 2015, with a committed forward pipeline of more than $200 billion aiming to build…
2020 Property Market Recovery ‘Fastest Ever’: Corelogic
Australia’s housing market looks set to make a full recovery by April after reaching its bottom last year, with the latest market research showing owner-occupiers lead the charge. National dwelling values bottomed out 8.4 per cent below their peak in June 2019, with the market since recovering 6.7 per cent. While most recovery periods match the length…
Gold Coast property values are on the rise
It has been a tough year for real estate but Gold Coast homeowners can rest easy knowing property values are on the rise. CoreLogic’s latest home value index figures show Gold Coast dwelling prices climbed 1.2 per cent in January to a median value of $543,746. It was higher than the national monthly growth rate,…
