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So, what's REALLY happening in the Gold Coast Property Market?   

 

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Read past copies of our Monthly Newsletter.

 

July 2017 -

This month I've noticed a massive increase in the number of properties coming across my desk due to a divorce or relationship break-up. 

Who’s the first person the agents call when sellers want a no-fuss sale? You guessed it, Us….

Why?

 -We network well and have formed good quality working relationships with the agents and mortgage brokers over the years

- Our buyers have finance pre-approval in place and ready to go... Read More

  

March 2017 - WOW! What an ENORMOUS start to 2017 (that’s why you’re getting Januarys newsletter in March - we just haven’t had 5 mins to put pen to paper over the last few months!).

After a relatively quiet period this year between Christmas and New Year - which traditionally has been one of our busiest times - I thought to myself “Great, I’ll just cruise into the New Year and wait for the market to get back to normal’  - well, I must have jinxed myself because my phone has not stopped ringing... Read More

 

December 2016Only 4 more sleeps ‘til Santa comes!!!  … With a little person in our household who this year has worked out what santa is all about, Christmas is going to be a lot of fun this year. He no longer runs away from Santa but makes a B-line straight to him at lightning speed when ever we happen upon santa when we're out and about. What a difference a few years makes… Read More

 

November 2016This month I’ve noted that the number of Silent Sales’ or off-market listings coming across my desk has increased.  The agents are just so busy that they don't even have time to arrange to have the professional photos taken and to get the properties listed on the net, but it takes them 5 minutes to give us a call and know really quickly if we have a pre-qualified buyer ready to go. Read More

 

August 2016 -The Gold Coast property market has now bounced back and is very ‘buoyant’ again after the lull in the market we experienced in late June and early July in line with the budget, end of financial year and election.

I’m noticing a change in the ‘types’ of buyer inquiry we have coming through over the past month or so which is a good indication of the greater market and where it is at currently. Read More

 

July 2016 Over the past few weeks, I’ve found the market has cooled somewhat on the Gold Coast - our level of new enquiry from buyers has dropped - and all the real estate agents, pest and building inspectors and solicitors I speak to are commenting they are the same.

Having been in the thick of property buyer and seller cycles for a number of years now (coming up 10 years as a Buyers Agent!), I expected this lull and it’s no wonder - with the budget back in May, end of financial year, a federal election and school holidays all happening at once - not many people are thinking about making a move or buying an investment property. Read More

 

May 2016 There's still lots of good opportunities to be found in the current market - you just need to know where to look! We’re currently finding the $450,000 to $550,000 investor market is still the most active for us and we’re still experiencing a high level of inquiry from some local, but mostly interstate buyers, that are priced out of the market in other areas. In our discussions with selling agents, they are all telling us that they are having trouble getting the listings at the moment - hence the ‘power’ has definitely shifted from the buyer to the seller at this level. Read More

 

December 2015 - A combination of factors such as a shortage of stock, new infrastructure (such as the success of the light rail) and significant evidence of new residential projects under construction has firmed buyer confidence within the local property market on the central Gold Coast. It has been a fairly positive year in terms of price growth across all price brackets. The strongest performing sections of the property market in the northern corridor between Brisbane and the Gold Coast in 2015 were house and land packages and duplex units. Read More

 

November 2015 - Investors are playing a key role in the property market on the southern Gold Coast and in the Tweed Shire. We note investors are very active in the sub million dollar market, in particular in beachside locations. Investors in the market place are a mixture of both local and interstate, in particular from Sydney and Melbourne. Typical investors are interested in properties with a steady or good rental return with low overheads. The price points for localities such as Burleigh Heads, Burleigh Waters, Miami and Palm Beach is around $500,000 to $550,000 for established housing. Duplexes and units in these localities are around $365,000 and $400,000. Read More 

 

 

October 2015 - Looking at the current state of the market in the central areas of the Gold Coast, we have seen increases in values in all property types. The price sector that seems to be running the hottest is the $400,000 to $800,000.
These properties are generally detached dwellings suitable for families who are owner-occupiers. 
It is quite common for properties to sell within one week of being listed after receiving multiple offers. Read More

 

September 2015 - The market for attached townhouse/villa and apartment product on the Gold Coast has steadily improved over the past two to three years. While initially, this improvement was focused on established, resale stock as these market segments improved, we have also seen improved demand shown for new unit product, particularly for new townhouses and apartments priced below $500,000. Read more

August 2015 - This month we give a rundown on house building costs. The majority of new construction on the Gold Coast is within the growth region from Hope Island north to Beenleigh and west to the Scenic Rim. Generic project housing varies in price firstly as a result of who the client is and then by the quality of inclusions. Traditional project home companies generally provide better value than house and land investor packages, but not always.  Read More

 

July 2015 - This month we focus on where to buy if you had a lazy half a mil sitting around. Across the southern Gold Coast and in northern New South Wales there are opportunities for investors and owner occupiers to purchase property in the $500,000 price range. The areas with the greatest demand are Burleigh Waters, Miami, Palm Beach, Elanora, Salt and Casuarina. Read More

 

June 2015 - The Gold Coast was one of the hardest hit regions of Australia following the GFC, with mortgagee in possession sale rates running above 6%. With the world financial situation, banks tightening their lending and LVR parameters, the Australian dollar soaring in value, the commodity boom and tourism being particularly hard hit, the perfect storm was unleashed.

However, that all seems to be well behind us now as the property market has recovered and turned upwards. Read More

 

 

May 2015 - Overall, the prestige market on the Gold Coast is tracking along okay. Market conditions improved considerably throughout 2014 with a number of high profile properties selling. We have also seen an increase in sale prices compared with the sales occurring in 2012 at the bottom of the market. Prestige on the Gold Coast varies from suburb to suburb in terms of dollar value. What is considered prestige in the northern corridor would be considered only good quality in the central areas. Read More

 

 

April 2015 - There are a number of current residential land estates available for buyers in this area including Miramar and Seaside estates at Casuarina/Kingscliff, Seabreeze and Black Rocks at Pottsville, Palm Beach Heights at Elanora and The Observatory, Kingsmore and Varsity Heights estates at Reedy Creek.

Each estate offers a different style of product and prices have strengthened in each of the estates over the past 18 months. Agents who market properties in the estates now have a shortage of supply and increased demand for the land. Read More

 

 

March 2015 - In general, market conditions are slightly softer now than at the end of 2014 and we may be suffering a bit of a post-Christmas hangover. We are yet to see a flow on effect of the recent interest rate cut on the property market however it is still only early days. We can only assume that market conditions will pick up in the coming weeks as interest rates are at an all-time low, everyone is now back at work after the Christmas holidays, kids are back at school and hopefully the wet weather of recent weeks will have passed. Read More

 

 

February 2015 - The general feeling on the Gold Coast is that the residential market will steadily build momentum throughout 2015 after a fairly strong 2014. In 2014 we saw a significant increase in market activity as well as an increase in value levels in most market segments. We can only hope that interest rates do not increase significantly this year. 


Looking at the southern Gold Coast, the strongest performing properties are houses in well located suburbs such as Burleigh, Palm Beach and Miami in the under $700,000 price range as well as duplex units (with no body corporate fees) priced under $500,000. These properties are expected to perform above average throughout 2015. Detached houses in the under $500,000 price bracket in other suburbs such as Tugun, Bilinga and Elanora should also perform well in 2015. Read More

 

 

January 2015 - 2015 is shaping up to be an exciting year for Property. The market is showing fantastic growth. Here's some proof the market is on its way up.

31 Allawah Street in Bundall. This property is an entry level 3-bedroom, 2-bathroom dwelling with 1-car garage and pool. The property is a dry block with no water frontage. It originally sold in February 2012 for $425,000 in fair condition, resold in September 2013 for $481,000 in updated condition and more recently it sold in October 2014 for $575,000 in a well presented state. Read More