Burly Residences as featured in Mansion Magazine
Orignally published in The Australian’s Mansion Magazine.
Gold Coast property hotspots soar, closing in on Sydney
The Gold Coast is now trailing only Sydney as the second most expensive property market in Australia with house prices growing more than 9 per cent in 12 months. This surge has propelled the city’s median property price to $1.17 million, trailing Sydney by $500,000. Suburbs including Surfers Paradise, Broadbeach Waters, Paradise Point, and Palm […]
You are Invited to this year’s Red Ball at The Langham, Gold Coast
FINAL TICKETS REMAIN. Get yours today at theredball.com.au.
Unit prices rising faster than houses in 60pc of all suburbs
Apartment values are rising faster than those of houses in about six out of 10 suburbs nationwide as the price gap between the two categories blows out to a record 48.2 per cent, CoreLogic data shows. A sharp decline in borrowing capacity, coupled with the recent house price gains, has consolidated the demand for units, […]
Brisbane could be more expensive than Melbourne ‘forever’: Expert
Brisbane has hit a fresh record home price with experts tipping it could stay more expensive than Melbourne ‘forever’. The latest PropTrack Home Price Index, out Thursday, saw Brisbane home prices reach a new peak of $853,000 for all dwellings, after a 13.93 per cent jump over the year, while the median house value has […]
Queensland on the Rise: Brisbane is fast taking over from Melbourne as Australia’s second-strongest city
The Sydney-Melbourne rivalry has been a major part of the Australian psyche for decades. But Melbourne’s once unassailable position in the top two is under threat as Brisbane’s strong economic momentum sparks expectations it will soon gatecrash the exclusive party. Colliers Queensland chief executive Simon Beirne said Brisbane’s median house prices and office rents now […]
Massive 50pc price rise predicted ahead of 2032 Olympics
Experts have predicted a 50 per cent rise in home prices ahead of the 2032 Olympics as over $75m was spent on Sunday alone in a special 112-home mass auction – one of the biggest Brisbane has seen. The Ray White Brisbane 100, celebrating the group’s century of operation in the Queensland capital, saw $75.25m […]
WHY NOW IS THE PERFECT TIME TO BUY AN APARTMENT OFF THE PLAN
Opportunities to make gains on property are being snapped up in Southeast Queensland as population growth outstrips housing availability, driving up demand for apartments from buyers who would have traditionally purchased a house with a yard. A combination of strong population growth, dwindling building approvals, lack of new construction starts and significant infrastructure investment in […]
Queensland now the hottest target in Australia for overseas buyers
New data has found Queensland is now the hottest target in Australia for overseas property buyers, despite the state going through its highest prices on record. Latest PropTrack data on overseas searches for properties on realestate.com.au revealed Queensland was the most popular state for those looking to buy. “Queensland was the most-searched state by overseas […]
What are the predicted house prices for 2024 and 2025 in Australia?
Real estate prices across most of the country will continue to rise in the next financial year, led by sizeable gains in Perth, Adelaide, Brisbane and Sydney, a new Domain report has forecast. Across the combined capitals, house prices are tipped to increase by 4 to 7 per cent, while unit prices are anticipated to […]
Gold Coast Becoming Australia’s Monaco
Prospective homeowners and the non-wealthy have been given a crushing reality check about the city’s property market as fears grow the Gold Coast is coming Australia’s Monaco. The workers who bore the brunt of the Covid crisis are increasingly unable to afford to live on the Gold Coast, with new data revealing the impact of […]
First Home Buyer concession threshold finally brought up to speed
The REIQ is today welcoming the announcement by the Queensland Government to increase the stamp duty concession threshold for first home buyers to $700,000 after a 15 year wait. REIQ CEO Antonia Mercorella said this was a long-held advocacy and policy position of the REIQ to increase stamp duty concession thresholds for first homeowners. “It […]