Sydney’s housing market could be on course for a double-dip downturn as early as next month, after prices slowed faster than expected in November, sparked by the Melbourne Cup interest rate rise and a large lift in listings, CoreLogic data shows. Home values in the city lifted by 0.3 per cent during the month, which…
Devine’s Burly Residences secures $100m in sales amid rush by Aussie buyers
Concept design of David Devine’s $400m Burly Residences project David Devine’s latest Gold Coast development, Burly Residences, has been swamped by buyers with the project securing $100 million in sales in the past three months since its release. Devine’s DD Living has revealed it has secured buyers for 33 of the 101 apartments planned for…
FOMO returns amid high migration and supply shortage
Expectations of strong capital growth and robust rental increases fuelled by record migration are enticing a growing pool of property investors like Marc Woolfson back into the market, despite higher interest rates. “I think there are really good opportunities for property values to increase strongly due to limited housing supply and high migration,” he said. Melbourne-based…
Exclusive beachfront residences hit the market in prime North Burleigh
If you’ve ever dreamed about living in a luxurious oceanfront resort, these new residences on North Burleigh beach will give you a chance to make it reality. Burly Residences is on the beachfront in premium North Burleigh. The opulent Burly Residences are some of largest new apartments available on the Gold Coast, offering plush design,…
Gold Coast’s First Surf Park Wins Council Backing
The council in one of Australia’s surfing heartlands—the Gold Coast—has thrown its support behind plans for the city’s first wave park. The centrepiece of the $300-million resort-style proposal now approved by the Gold Coast City Council is a 4ha dual-zone surfing lagoon capable of generating “up to a 26-second end-to-end barrelling six-foot wave ride” with…
Ideal Location and Lifestyle – Burly Residences
Originally published in the Gold Coast Bulletin Real Estate Magazine lift out.