GCPN News Updates

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Sunland holding on

News 140
Posted at 01 March, 2010

The end of the Dubai property boom washed through Sunland Group's first-half profit yesterday after the Gold Coast developer posted an $8.4 million bottom-line result. The profit for the six months to the end of December is down 87 per cent from $67.......

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Another one bites the dust

News 139
Posted at 01 March, 2010

CAPITAL Finance has pulled its funding for one of the region's up market beachside developments, forcing four Ray Group companies into receivership.......

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Australia’s land prices rise

News 138
Posted at 01 February, 2010

The dream of building a home has become dearer for Australians as land prices have risen to a new high, a survey says.......

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Cheap Unit Resurgence

News 137
Posted at 01 January, 2010

GOLD COAST unit and townhouse prices have staged an end-of-year resurgence, but are still fighting to reach the prices of 2007-08. Statistics from the Real Estate Institute of Queensland show Gold Coast median unit and townhouse prices grew 5.......

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Home approval may be cut to 5 days

News 136
Posted at 01 January, 2010

UP to 95 per cent of residential development applications on the Gold Coast will be approved within five days under a project announced by the Rudd Government yesterday. Federal Housing Minister Tanya Plibersek unveiled the $3.......

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Good time for Investors to buy as Land Lords are the Big Winners

News 135
Posted at 01 December, 2009

The Gold Coast property market still cannot catch a break as its recovery continues to lag behind the rest of the country as experts warn rental prices could skyrocket in the coming year.......

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Interest rates rise 3 in a row

News 134
Posted at 01 December, 2009

Australia's Reserve Bank lead by Glenn Stevens will continue leading the world in raising interest rates, with economists predicting a record fourth straight increase at the central bank's next meeting in February.......

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Major works boost infrastructure

News 131
Posted at 01 November, 2009

The final stage of the $14.5 million upgrade of Reserve Road, Upper Coomera has commenced as Council continues to roll out its major roads program and deliver more infrastructure to major growth areas. This will see a 1.......

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Migrants and baby boom sheltered us from crisis

News 130
Posted at 01 October, 2009

The fertility gods may have saved Australia from the global financial crisis, but it has cost Queensland its position as preferred destination for interstate migrants.......

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House prices in major Australian cities are forecast to grow

News 133
Posted at 01 September, 2009

House prices in major Australian cities are forecast to grow by about 20 per cent between now and 2012, according to a report from mortgage insurer QBE Lenders' Mortgage Insurance (QBE LMI).......

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