Gungahlin Town Centre to Go Off-Grid in $138m Project
Gungahlin’s town centre could go green under plans for a large multi-unit commercial and residential development in block three. POD Projects Group has lodged plans for 567 multi-unit commercial and residential precinct across four buildings with climate-sensitive design at its heart. The $138 million development would split the 12,000sq m parcel into three blocks and would be […]
Gold Coast, Sunshine Coast rents rise after exodus of sea-changers from capital cities: Domain Rent Report
South-east Queensland’s hottest coastal hubs could be on the brink of a rental property bidding war after median asking prices rose to record heights late last year – outstripping Brisbane by as much as $60 per week. Following a mass exodus of sea-changers from the nation’s major capital cities, demand for houses on both the […]
Regional Queensland market dominates CoreLogic’s best of the best report
Regional Australia out-performed the combined capital cities market, according to CoreLogic’s Eliza Owen. Demand for lifestyle areas have been exacerbated by COVID-19, CoreLogic’s best of the best 2020 report revealed. The report, dominated by Australia’s high-performing regional areas, highlighted the resilience of luxury markets in Australia. “The relative popularity of lifestyle markets is evident in our […]
The quiet beach town where house sale prices have surged by 40% in ONE year – and it’s NOT Byron Bay – as Aussies rush to leave big cities
House sale prices in one beach town have surged by 40 per cent in just one year as more professionals fled the big city. Austinmer in Wollongong’s coastal north was one of Australia’s best performing property markets in 2020 as working from home became more common. In December 2019, before the Covid pandemic, the town […]
Holidaymakers and property buyers flood Queensland since border reopening
Queensland’s property and rental markets are set to soar from one of the biggest southern migrations in history with reports of interstate home hunters and holidaymakers heading north in their droves just days after the state border reopened. With liveability, affordability and a balmy climate sparking the surge, property punters say the sunshine state and […]
Noosa riverfront sells for nearly $11 million
The Noosa area has quietly clocked up its fourth $10 million-plus sale of 2020. A Noosa Heads riverfront on Mossman Court, built just last year by local go-to building designer Paul Clout, has sold for $10.91 million. It’s been bought by the little-known Karl Wenzel, the South African-born businessman who recently spent $5.28 million on Peppers […]
Sunshine Coast, Gold Coast house prices soar by up to 25 per cent amid health crisis
The global health crisis has spawned a once-in-two-decade property boom along the south-east Queensland coast with median house prices soaring to record heights as buyers flee the nation’s capitals in search of a bit of beach bliss. Key hotspots across the Sunshine Coast and Gold Coast have seen price hikes of up to 25 per […]
COVID-19 the catalyst for sea change, as Sunshine Coast sees influx from Sydney and Melbourne
Sydneysiders and Melburnians are moving to the Sunshine Coast in droves as COVID-19 proves a catalyst for a sea change, with families prepared to spend two weeks in quarantine and buy or rent houses sight unseen. The warm weather, the relaxed lifestyle and relatively affordable housing in the coastal region north of Brisbane are luring […]
Urban dwellers create ‘unprecedented demand’ in regional hubs amid tree change trend
It’s no secret rusted-on city slickers have used the pandemic as a catalyst to pursue a life filled with the early calls of kookaburras, rainforest hikes and evenings winding down on a golden beach. And regional homes have become such hot property that real estate agents in major rural hubs are now reporting major shortages, […]
Sunshine Coast rentals dry up, with real estate agents citing investor sales to owner-occupiers
The Sunshine Coast’s increasingly tight rental market has pushed some renters into caravans, garages and other short-term accommodation until they can find a new property. Key points: REIQ figures show rental vacancy dropped from 1.9 per cent in June to 0.5 per cent, making it an extremely tight market David Powe said his Noosa agency […]