Gold Coast Property News & Research

Pressure Grows For Rate Cuts As Retail Spending Crashes
1 Aug 2008 | The Australian
The Reserve Bank separately released figures showing growth in home lending at its lowest level in 25 years, while other personal and business lending was also weak. Financial markets now believe there is a 75 per cent chance that the Reserve Bank will cut interest rates by October.

From Gays To Nerdistan, Authors Point The Write Way To Success
31 July 2008 | Bernard Salt & The Australian
A measure known as the "gay index", which claims to assess cultural tolerance across cities is among the diverse theories published by demographers and theorists in the recent years.

Luxury Goods Resist Global Economic Downturn
28 Jul 2008 | The Australian
Even as many Americans are pulling in their purse strings, spending on key categories of high-end luxury goods is proving surprisingly resilient, underscoring the industry's progress at broadening its reach beyond the upper crust and into the growing ranks of the affluent.

Hilton Shake-up for Shops
25 Jul 2008 | Gold Coast Bulletin
The developer of Hilton Surfers Paradise, a $700 million twin-tower hotel and apartment project in Surfers Paradise, plans to reconfigure the development in a move that will expand retail space and bring the hotel suites under a single roof.

No Room at the Inn for a Million Coasters
18 Jul 2008 | Gold Coast Bulletin
There is no room left at the inn, and the Gold Coast faces a million person overload and the death of the backyard shed. A new 2031 target has estimated the city's population will swell to 937,000 leaving it with little breathing space

Hilton Precinct To Set New High For Retailing
11 Jul 2008 | Gold Coast Bulletin
The Raptis Group will extend its reach into the Gold Coast retail scene with an exclusive shopping precinct in the $700 million Hilton Surfers Paradise.

Residential Values Stable While Share Markets Tank
10 Jul 2008 | Your Mortgage Magazine
Australia's residential property market has defied speculation of a downturn, with national dwelling values holding steady during the first five months of 2008, according to new research released by RP Data and Rismark International.

Housing Supply One Million Homes Short Of Demand By 2013
2 Jul 2008 | Your Mortgage Magazine
Almost one million new homes will need to be built over the next five years to meet Australia's growing population, according to new research from the Housing Industry Association (HIA).

Property Tip: Go Unknown Coastal
24 Jun 2008 | The Australian
The national property market has been rattled by the Reserve Bank's campaign of interest rates rises, but experts insist well-located properties with water views remain as safe as an investment in blue-chip shares.

Queensland Primed To Be The Nations Powerhouse
19 Jun 2008 | Gold Coast Bulletin
In broad-ranging address at a business breakfast in Southport yesterday, the founding editor of BRW magazine also said the Gold Coast property market would get a major kick-along from a surge in buying activity from Korea, the Middle East and China thanks to an appreciating Australian dollar.

Home Prices Set To Rocket Again
17 Jun 2008 | Gold Coast Bulletin
Gold Coast house prices are tipped to rise by a nation-leading 22 per cent over the next three years... is expected to have the strongest price growth in the country through to 2011, according to leading independent economic forecaster BIS Shrapnel. The report said average hotel occupancy rates on the Gold Coast had risen from 61.6 per cent in 2000 to 72.9 per cent in 2007.

House Prices To Rise Next Financial Year
16 Jun 2008 | Business Spectator
House prices are tipped to rise next financial year as Australia's fastest population growth in two decades outweighs the effect of higher interest rates, an economic forecaster says. Brisbane, Gold Coast and Sunshine Coast properties were tipped to enjoy a nation-leading 22 per cent growth.

More Hotel Stock is Needed for Gold Coast
14 Jun 2008 | Midwood Queensland Investment Report
Average yearly hotel occupancy rates in Gold Coast City have risen from 61.6% in 2000 to 72.9% in 2007 and average room rates are up from $117.11 per night to $165.72 per night over the same period. With planning approval and construction lead times now at approximately three years there is a need for at least 12 months supply of hotel rooms on the Gold Coast.

Raptis Plans Emporium
13 Jun 2008 | Gold Coast Bulletin
The Raptis Group has taken a fresh approach to its second retail offering at Southport Central, which will be a food-based emporium.

Mt Warning Our Latest Natural Wonder
4 Jun 2008 | Gold Coast Bulletin
Mt Warning Wollumbin has been recognised as Australia's latest natural wonder. Eco-tourism has taken the world by storm and Mt Warning Wollumbin and the surrounding caldera had a chance to capture a new, intrepid global audience.

Dawn Of A New Era For The Iluka Resort
28 May 2008 | Gold Coast Sun
Demolition of one of the oldest high rises in Surfers Paradise, the Iluka Resort, could start in the next three months.

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Hilton Surfers Paradise Hotel and Residences
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