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Surfers Paradise rides sales dip

News 161
Posted at 01 January, 2011

Surfers Paradise is still among the highest-grossing suburbs in Australia despite unit sales dropping by more than 500 properties. Sales in 2010 totaled more than $475 million, according to an end-of-year report released by RP Data.......

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Property roller coaster not over yet

News 160
Posted at 01 January, 2011

THE Gold Coast property market is riding a rollercoaster controlled by interest rates and valuer's and the ride will not be coming to a stop anytime soon.......

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DEMAND for fixed rate mortgages

News 159
Posted at 01 December, 2010

DEMAND for fixed rate mortgages hit almost 11 per cent of all home loans approved in November, the highest level in 29 months, according to the customer data of one mortgage broker. That was considerably more than the 7.......

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CONSTRUCTION remained weak

News 158
Posted at 01 December, 2010

CONSTRUCTION remained weak in November, with new orders registering a further decline and activity falling across all the major sectors, a survey shows.......

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Interest Rates Go Up

News 157
Posted at 01 November, 2010

Reserve Bank of Australia [RBA] puts up rates by 25 basis points to 4.75% The Australian dollar surged in Asian trading Tuesday after the Reserve Bank of Australia [RBA] surprised the market by hiking its cash rate for the first time in six months.......

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Big Banks Greedy Move

News 156
Posted at 01 November, 2010

COMMONWEALTH Bank raised home-loan rates 20 basis points more than the RBA The first of the big four banks to raise interest rates by more than the Reserve Bank's official move today.......

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Rate rises weigh on house prices

News 155
Posted at 01 November, 2010

House prices have grown at their slowest pace since the global financial crisis, economists say house prices nationwide have grown at their slowest pace since the global financial crisis, following a series of rate rises early this year and ongoing fears ......

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Residential Property Outlook is Strong

News 154
Posted at 01 October, 2010

The outlook for Australian residential property is strong as signs emerge that home loan applications are on the rise, analysts say.......

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Confidence Returning

News 153
Posted at 01 October, 2010

If confidence in a market is enough to keep it buoyant, then the Gold Coast outlook is as sparkling as champagne.......

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Approval brings Coomera centre closer

News 152
Posted at 01 September, 2010

The development-starved tourism strip received a shot in the arm this week when the State Government gave its tick of approval to the Coomera Town Centre.......

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