International tourism boom delivers for Queensland

“International visitors to Queensland spent a record $4.7 billion with 2.3 million international visitors and a nine per cent increase in total nights to 51 million,” (Queensland Premier) Ms Palaszczuk said. From the official Queensland Tourism media release, brought to you by the Australian Resident Accomodation Mangers Association (ARAMA), who represent over 40% of Management Rights…

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Coomera: Westfield and The New Town Centre.

AFTER a decade in the pipeline the billion-dollar Coomera Town Centre development is ready to begin. Fences have gone up around the Foxwell Road site and Westfield is expected to break ground within weeks with major earthworks to start about Christmas. From The Gold Coast Bulletin dated 2 November, 2015: Sod set to be turned at…

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China and the Zero Deposit Story

Hong Kong-based Ping An Insurance is offering the loans for units at the Ramada Hotel Hope Harbour at Hope Island, owned by Brisbane’s Anthony Moreton Group and Pryde Group. This story first broke via Bloomberg News, and then The Financial Review. See the Gold Coast Bulletin‘s Zero-deposit homes at Hope Island to lure international investors…

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Gold Coast Catchup News

We thought it would be useful to look at a series of articles on Gold Coast Property from The Gold Coast Bulletin that you may have missed, and that we did not draw your attention to as we were away on leave! Nikiforides family back on Gold Coast development scene with Mermaid Beach tower (They)…

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Thoughts on Stock Market ‘Drama’ and the Gold Coast.

Unless you’ve been on a remote Island holiday with no Internet access, you will now be aware that the World Stock markets are going through yet another period of ‘drama’. Drama is perhaps a good word, and one which The Sydney Morning Herald used in an article today entitled ASX drama: Savings take a hit, but…

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Surfers Jewel Developement.

The latest on this $1 billion Gold Coast mega project in Surfers from The Gold Coast Bulletin talks about the fact that to date 40 mainly local people have put down a $5,000 deposit “sight unseen”. Not on that: these forty, obviously very wealthy people, do not know what the final cost of the unit they…

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Chinese Institutional Capital – The Real Estate Story.

The Business Spectator has published a balanced review of Chinese real estate purchases in the global markets, written by Florence Chong. Some extracts: We are talking here about Chinese institutional capital, a far cry from the sometimes dubious sources of money that have been channelled from China into off-the-plan apartments and suburban homes in Australia…

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Southport – The Gold Coast’s CBD $2.5 Billion Development

Investment in the Gold Coast’s CBD has reached new heights, with the value of potential developments lodged under the Priority Development Area scheme now soaring to more than $2.5 billion

From the City of Gold Coast Community Newsletter.

Check out the Gold Coast City Council video…

Gold Coast Property – The Games Effect.

“…research proves is that Commonwealth Games developments have had a positive impact on the property market of the suburb and its surrounds, both during the year of the Games and long after the Games have finished.” From Games Factor ‘To Linger Longer for Coast Property’ from Gold Coast Business News, written on the 15 July 2015 by…

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Surfers and the Economics of Towers.

With the recent announcement of yet another Gold Coast tower, we felt it would be useful to look at the economics of tower construction, or what used to be called Skyscrapers. As announced in The Gold Coast Bulletin on July 22, 2015, in their article entitled New 67-storey tower planned for Surfers Paradise: Brisbane developer Citimark…

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