Gold Coast According to reports, Zone Planning Group director David Ransom says that the Gold Coast has less than three years’ worth of land that can be built on and that the city is in a crisis of both affordability and supply. Almost all the remaining housing is in the northern suburbs of Coomera and
In the last year, prices in Brisbane have risen by a whopping 27.00%, which is more than any other housing market in the country. PropTrack recently released its first national home price index, based on sales data from realestate.com.au and data from valuers-general. In the 12 months to the end of March 2022, the March
2020 and 2021 saw the residential property market flourish for sellers, with many changes to how properties were sold, leased, and of course, purchased. Here’s a rundown of what the property market looks like in April-May 2022 based on CoreLogic research. The number of properties for sale has decreased since the floods in late February.
South East Queensland hasn’t had the best start to the year when it comes to construction. The lack of materials, which started in 2021 as a result of COVID restrictions, has been hit even more by the flooding in February. Lack of materials has led to a price hike, which in turn has left many
In welcome news for first-time buyers, the Government has extended the Home Guarantee scheme by three years. There is an additional 50,000 places between now and 2025. And a further 35,000 guaranteed after 2025. What does this mean? Starting the first of July 2022, first-time buyers can purchase a home with just a 5.0% deposit.
Road and rail has been allocated $3.9 billion in the newly released federal budget. The cash is expected to upgrade roads to reduce commute times and extend the railway to connect the region in time for the 2032 Olympics. Queensland has received $1.6 billion of the overall allocation. The Beerwah-Maroochydore Rail Extension to improve the
The 2022 Morrison Government budget has been released, but who is walking away a winner? And who was overlooked? Housing & Transport The cost of living is on the rise again, but will the new budget alleviate some of the pressure? For parents, there is a $346 million cash injection to enhance Paid Parental Leave.
Located on the northern side of Brisbane, Banyo is predominantly known for its residential and industrial land usage, which is driven by road and rail connectivity and affordable housing. However, a unique retail/commercial precinct is alive and thriving. The small retail precinct along St Vincents and Tufnell Roads is anchored by a national supermarket, allied
Australian dealerships returned to a successful year of sales in 2021, achieving just short of 1,050,000 new car sales according to the Federal Chamber of Automotive Industries VFACTS data. This 2021 volume being greater than one million sales for the year is a return to pre-COVID-19 pandemic levels as seen in the below month on
Our CBD’s and tourist centres have been put under huge pressure as a result of the global pandemic and resulting restrictions on domestic and international travel. Australia is now starting to relax policies to allow additional international travellers into the country along with workers returning to the CBD’s. We don’t expect international traveller numbers to