October 2012 News Archive

Buyers are in the driver’s seat

News 204
Posted at 01 November, 2012

Data just released shows that Gold Coast house and land sales have hit a real low, with the lowest number of house and land sales recorded on the Gold Coast since 1985, according to a property report.......

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Listing high, clearance low

News 203
Posted at 01 November, 2012

The number of new listings being added to the market continued to rise over the past four weeks. 50,363 new listings were added to the market nationally, of which 59% were located within the capital cities.......

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Inflation data

News 202
Posted at 01 November, 2012

01/11/2012 Quarterly inflation data was released this week which showed an unexpectedly large increase in the Consumer Price Index (CPI) for September. Headline inflation was up 1.4% over the quarter and 2.......

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RBA Drops interest rate

News 201
Posted at 01 October, 2012

The Reserve Bank of Australia (RBA) Has officially dropped the interest rate by .25 basis points from 3.5% to 3.25% ....

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Happy Birthday – We are 10 Years old

News 200
Posted at 01 October, 2012

Happy Birthday to the Gold Coast Property Network. We are 10 years old this month ....

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First home buyers grant

News 199
Posted at 01 October, 2012

The government said the new grant structure was about stimulating activity in the construction sector, which it has named as a key part of its economic recovery plan.......

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Palazzo Versace sells for $68.5 million

News 198
Posted at 01 October, 2012

Property developer and manager Sunland Group has sold its Palazzo Versace hotel on Queensland's Gold Coast to private investors for $68.5 million.......

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The Reserve Bank Financial Stability Review

News 197
Posted at 01 October, 2012

The Reserve Bank (RBA) released their bi-annual Financial Stability Review in late September specifically relating to the household sector, the review noted, 'household and business sectors have continued to display a relatively prudent approach towards t......

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