Gold Coast real estate: Full recap of Hot Property series looking at development in the city
From housing booms to property busts to a shortfall of land, this is the frank reality of Gold Coast's real estate landscape. READ THE FULL REPORT
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- Gold Coast development: 10 biggest projects revealed in 2020
- Gold Coast tower plans: Biggest and craziest plans
FROM housing booms to property busts to a shortfall of land, this is the frank reality of Gold Coast's real estate landscape.
The Bulletin's special report Hot Property delved into every aspect of what's going on in terms of real estate in the city.
Gold Coast house prices: Locals priced out of market as house and unit prices surge
THE Gold Coast’s booming housing sector – fuelled by interstate buyers – is pricing residents out of the market with properties selling for hundreds of thousands more than six months ago.
In 12 months the median house price has gone up 7.5 per cent to $715,000 while it rose 7.4 per cent for units to $444,500, data shows.
Gold Coast real estate: Heavy rail push to support Coast’s booming population and property market
HEAVY rail to the Airport and light rail spur lines to the city’s west must be fast-tracked within a decade to support the Gold Coast’s rapidly growing population.
That’s the pitch from civic leaders and planning experts who have warned the city needs to dramatically expand its public transport offerings, not just to decongest the roads but to stimulate higher-density development along their corridors.
Gold Coast Property: Most popular suburbs to buy in 2021’s ‘biggest property boom in 40 years’
A leading real estate agent says the Gold Coast property boom is the biggest he has seen in his 40-year career.
Ray White Surfers Paradise boss Andrew Bell said the boom, led by buyers relocating from interstate, was a perfect storm powered by a number of factors.
Gold Coast real estate: Property boom could last for at least three years
A TOP economist has tipped the Gold Coast’s property boom to last for at least three years on the back of a perfect storm of economic factors.
But the population growth powering the surge in real estate sales may never let up according to one of Australia’s leading social researchers.
Gold Coast development: $67m sales inside giant Hope Island tower in four months
ONE of the Gold Coast’s biggest developers has vow to push ahead with a major new project after luring $67 million in sales in four months.
Aniko Group put the second stage of its $140m Hope Island project, No. 1 Grant Ave, on the market in November 2020 and has sold all but six of its three-bedroom units.
Gold Coast property: Massive shortfall of units as buying frenzy continues
THE Gold Coast will have no new apartments for sale in nine months if fresh stock does not come on the market.
It is worse on the southern Gold Coast where supply is forecast to last less than three months.
Veteran Gold Coast developer Norm Rix turns to high-rise project because of land shortage
VETERAN developer Norm Rix says he is so exasperated at the lack of land being unlocked for development on the Gold Coast that he will turn to building high-rise towers for the first time in his 60-year career.
Mr Rix, whose projects have included Pimpama City and Ashmore City shopping centres as well as residential subdivisions, said the housing shortage affecting both renters and home buyers was becoming “critical” across the Gold Coast.
The top residential construction projects underway on the Gold Coast
The Gold Coast is a hive of construction activity as the city benefits from a booming housing market. Here are some of the biggest projects underway right now.
Gold Coast development: Could build-to-rent be the answer to the city's rental woes?
VETERAN developer Ron Bakir says his $200m build-to-rent project in Varsity Lakes is just what the market needs to alleviate chronic supply issues.
The CEO of Homecorp Property Group will launch expressions-of-interest for his Capital Court build-to-rent (BTR) project in the next few weeks. Construction on the first two towers will deliver 257 units into the rental pool.
Gold Coast development: $1.6B of tower developments stalled over COVID-19 delays
DEVELOPMENTS worth more than $1.6 billion have been delayed as a result of COVID-19, compounding the Gold Coast’s growing housing supply issue.
While much of the city is undergoing a building boom on the back of surging interstate migration, the pandemic has forced some developers to ice their plans.
Fire to burn for days in Gold Coast bushland
Nearly a dozen fire crews have worked late into the night to contain a blaze in bushland on the northern Gold Coast. Read the latest update.
Grim figures show cost of lost tourism to Gold Coast
Figures have revealed just how much weak international tourism is costing the Gold Coast amid concern about a loss of routes at the city’s airport. SEE THE FIGURES