GCPN News Updates

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Wave of Chinese investors

News 208
Posted at 01 January, 2013

There is a wave of Chinese investors about to inundate the Australian real estate sector with billions of dollars. Chinese insurance companies have just made public their long-awaited updated regulations surrounding investment in overseas assets.......

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Home buyers priced out of capital cities

News 207
Posted at 01 January, 2013

Despite the two-year old property slump, buyers continue to struggle to find homes for less than $500,000 in the inner suburbs of many of Australia's largest cities.......

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RBA cut the official cash rate to 3 percent

News 206
Posted at 01 December, 2012

Borrowers have been given an early dose of Christmas cheer with the Reserve Bank delivering a 0.25 percent rate cut at its December board meeting.......

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Housing Finance Data

News 205
Posted at 01 December, 2012

The Australian Bureau of Statistics (ABS) released Housing Finance data for September 2012 showed that the total number of owner occupier housing finance commitments rose by 0.9% over the month. This figure was comprised of a 0.......

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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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