Gold Coast median house price cracks $1m

RESIDENTIAL PROPERTY

THE December quarter brought another round of records for Queensland’s property prices, as the median price on the Gold Coast hitting the $1 million mark and...

Data from the Real Estate Institute of Queensland (REIQ) shows house prices climbed 3.88% over the last three months of 2023 for a 6.04% gain over the year...

The Brisbane LGA led the charge for house price growth over the quarter at 6.91% to a median of $1,125,000, with this growth rate matched by neighbouring city Ipswich...

Taking a broader view, Queensland’s regional housing markets also continued to experience strong growth, with Toowoomba, Rockhampton, Bundaberg, and Townsville all...

“While these sale prices are cause for celebration for property owners when it comes time to sell, it can be frustrating and disheartening for buyers trying to enter or...

“The reality is that a balanced marketplace could support both – we want to see the dream of home ownership stay alive for first home buyers in our state, and...

Most of the stock coming to the market in the Gold Coast is set to cater to luxury living, further perpetuating a high-end, high median market, according to the...

The federal and state and territory governments’ National Housing Accord is aiming to deliver 1.2 million “well-located homes” over five years from July, spread across all...

ANZ said over the past week that the housing shortage will see Brisbane, along with Perth and Adelaide, outperform their capital city rivals for house price...

The census showed that there were over 320,000 private rental properties in Brisbane while the most recent CoreLogic data reveals that the median rental weekly dwelling cost...

These large corporations need economies of scale to make their build-to-rent model to work so they can deliver the highest capital returns to their shareholders...

“These products are totally unsuitable as a long-term solution to Australia’s need and they risk turning into ghettos as they are managed overseas.”...

South east Queensland accounts for 39% share of the nation’s completed build-to-rent stock, largely owing to the former Gold Coast Commonwealth Games Village...

He said it is “madness” to give tax incentives to overseas companies which “suck money out of Australia rather than incentivising local mum and dad investors to...

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