Houses for rent on the Gold Coast are becoming scarcer, with recent data showing vacancy rates for the area are sitting at 2.7 per cent. That figure is for the three months to December, with Real Estate Institute of Queensland (REIQ) data finding it's the third consecutive quarterly drop. A balanced rental market is considered to have a vacancy rate of three per …
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Construction of a $1.2 billion lightrail network through the heart of Surfers Paradise will be fast tracked to minimise inconveniences. News Limited reports that the Glitter Strip will see a four-month intensive upgrade to finish in June, ensuring that retailers are affected to a minimum. GoldLinQ is the developer of the project, which it says will result in a revitalisation …
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Those who own Gold Coast real estate may be interested to know that new home sales increased by 3.8 per cent in Queensland last December. A Housing Industry Association (HIA) New Home Sales report has found that nationally, there was a seasonally adjusted rise of 6.2 per cent in the final month of 2012 - the third consecutive increase. Over the December quarter there was a …
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Those who own Gold Coast property that has been affected by the recent storms and rain may need to know they are eligible for government aid. The Personal Hardship Assistance Scheme (PHAS) will provide up to $180 per person and $900 for eligible families who are "experiencing genuine hardship". These funds will be able to cover essentials like food, clothing and …
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Land for sale on the Gold Coast has seen a slight improvement in transactions in the September 2012 quarter, according to a new survey. The Housing Industry Association (HIA) - RP Data Residential Land Report found that there was a decline in sales across the nation, but by comparison, the Gold Coast fared better. Colin Buttenshaw, HIA executive director for the Gold …
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Those who own Gold Coast property may be interested to hear that the Queensland energy minister will be touring the area to listen to the issues in his portfolio. Mark McArdle will be visiting the Gold Coast City Council towards the end of the month to hear about the concerns of locals in relation to water and energy supply under the purview of his jurisdiction. Mr McArdle …
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If you are thinking about investing in residential property on the Gold Coast, then you may be interested to hear that a new survey has lauded the Queensland economy. The latest CommSec State of the States report has found that economic growth in the state for the September quarter was 18.1 per cent higher than the same time a decade ago. State treasurer Tim Nicholls said …
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Those thinking of purchasing or building residential property on the Gold Coast may be interested to know that confidence in Queensland's property sector is sky high. The latest data from the Property Council of Australia-ANZ Property Industry Confidence March quarter survey found that the Sunshine State recorded an eight point rise in the index - bested only by Western …
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Those who own Gold Coast real estate and travel to Brisbane for work may be interested to hear the state government's plan to add more train services between the two destinations. From January 29, an additional north and south bound train will be added to ease the congestion on one of Queensland's busiest networks. Transport and main roads minister Scott Emerson …
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Those interested in purchasing Gold Coast real estate may be interested to hear that Coomera topped a list of suburbs where it is cheaper to buy than rent. In the final Buy vs Rent report for 2012 by RP Data, there were a number of locations listed where paying off a mortgage is cheaper than opting for Gold Coast rental properties. RP Data found there were 12 other suburbs on …
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