Images: Supplied. Gold Coast project sets new benchmark at over $8,000 per sqm. Swanston Street retail property hits the market in Melbourne. An Airport West property is leased to FDA Accountants Today’s wrap is a plethora of sales, leases, and listings across the east coast. SOLD Gold Coast apartments snapped up within two weeks of…
Brisbane home prices hit new record high, gaining on Melbourne
BRISBANE has led the nation in home price growth over the past month, with values hitting a new record high as homeowners brace for a potential rate hike next week, a new report reveals. Proptrack’s Home Price Index, released today, shows the city’s unit and house prices combined gained another half a per cent in…
Why Gold Coast apartments are now doubling in price
Sydney developer Allen Sammut says apartment prices in his 37-level luxury tower overlooking the beach at Surfers Paradise have doubled since the project’s launch almost 2½ years ago. “We’re averaging $6 million per apartment and most of the enquiries are coming from Sydney and Melbourne,” he told The Australian Financial Review. Sammut Group has sold 43…
Home prices hit record high despite selling surge
Australian homes have never been more expensive, with new data showing the national median price hit a record high in September. The latest PropTrack Home Price Index shows the price falls of last year — triggered by rising interest rates — have been completely erased across much of the country, bringing the cost of a typical Australian…
Australian property market wrap: 21 September 2023
Today’s market wrap includes life sciences leases and industrial sales. Image: Canva. Nearly 20,000 sqm of leases in Melbourne. Two industrial properties sold on the Central Coast. A new apartment development on Garfield Terrace launches. From life sciences leases to industrial sales, today’s wrap spans the east coast of Australia. Also in the mix is…
Burly Residences Opens Apartments to Market in North Burleigh
A new apartment development, Burly Residences, is now available for potential buyers. Located on a beachfront site in North Burleigh, this development is a project by Australian developer David Devine and DD Living. The initial release of Burly Residences offers two, three, and four-bedroom apartments. These apartments provide spacious living areas and views of the…
