Demand Surges for Luxury Real Estate Post-Lockdown A surge in demand for luxury property post-lockdown has supported Australia’s prestige markets, at varying speeds. Sydney led the property price growth of five Australian cities, including Perth, Gold Coast, Brisbane and Melbourne, which ranked in the world’s top 26 for luxury residential performance over the year, according…
$400m Accor Mondrian hotel-residence bound for Burleigh Heads beach front
The Mondrian hotel brand is coming to Australia and Burleigh Heads has been chosen as the location for its first branded residences. Accommodation giant Accor has teamed with Brisbane developers Chris and Letitia Vitale of Vitale Projects, and leading hospitality group sbe, to deliver the 22-storey dual-tower Mondrian Gold Coast. The $400 million Gold Coast…
Mondrian hotel to open on the Gold Coast in 2023
In a sign of confidence returning to the hospitality sector after COVID-19, accommodation giant Accor and Brisbane developer Chris Vitale will bring the renowned Mondrian hotel brand to Australia. A 209-room hotel overlooking Burleigh Heads beach on the southern Gold Coast will open in mid-2023 as part of a $400-million project being undertaken by Mr…
US property seekers dreaming of Australian beaches
The US election will take place on 3 November and although a Democratic win is looking increasingly likely, the last election shows that anything could happen. For people in the US, the two candidates are seen as highly divisive at a time when conditions are particularly challenging. The country now has the highest number of…
Construction commences on Maasra Apartments in Coorparoo
As construction is now underway, Maasra Apartments qualifies for the $25,000 HomeBuilder Grant, available to eligible individuals and couples who intend to own and occupy an apartment they purchase off the plan before the December 31 deadline. With Maasra Apartments starting at $399,000, a number of one and two-bedroom apartments also meet the criteria for…
First-home buyers flock to newly built apartments in south-east Queensland
First-home buyers have flocked to new developments in south-east Queensland, with or without government incentives, property developers and sales agents report. The keen interest comes despite the economic burden of the coronavirus pandemic, with Brisbane’s broader housing market so far defying the gloom. Established home values in Brisbane rose 0.5 per cent in September, the latest…