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A record one in three new mortgages were sold to property investors in March 2007 as opposed to owner occupiers, according to figures published today by mortgage broker AFG.......
Short-term visitor arrivals are currently 4.5% higher than when the series last surveyed in July 2006 and 2.4% higher than in February 2006.......
Gold Coast Airport has hit an all-time high for the number of passengers handled through the airport in one month, welcoming 352,554 visitors in January 2007.......
Housing Industry Association (HIA) New Home Sales figures show that the sale of new homes and units among Australia's largest builders and developers has increased by 5.8 % in January to 7963 dwellings.......
Property development company CP1 Limited and joint venture partner the Raptis Group, have formed a special purpose vehicle, CIRA International Pty Ltd, to acquire the site of the Gold Coast International Hotel and northern adjacent land for $70 million.......
The up side for us in South East Queensland is that the residential market has commenced 2007 at a strong pace, continuing the increased level of activity which was witnessed throughout the latter part of 2006 and it doesn't look like taking the back seat......
Letting agents are already reporting increased demand for rental accommodation on the back of the recent two half-percentage-point interest rate increases, which could see the market revert back to the traditional 10% year rental escalations sooner rather......
The Gold Coasts population now stands at 526,300 according to the latest Midwood Report and it is expected to surge past 600,000 by 2010. The Midwood Report predicts the median age of Gold Coasters to rise from 37 years to 44 years by 2026.......
Australia's housing affordability crisis is set to worsen if steps are taken to reduce the attractiveness of tax concessions on investment properties, according to property research consultancy Matusik Property Insights.......
Figures released today show that residential construction failed to grow at all in the September quarter. Low affordability stifled any hope of a sustained recovery for home building, according to the Housing Industry Association.......