QLD Gold Coast Property News 2018

Discussion in 'Where to Buy' started by big max, 4th Jan, 2018.

Join Australia's most dynamic and respected property investment community
Page 1 of 3
  1. big max

    big max Well-Known Member

    Joined:
    30th Nov, 2015
    Posts:
    2,091
    Location:
    Gold Coast
    Last edited by a moderator: 11th Jan, 2018
    big max, 4th Jan, 2018
    #1
  2. big max

    big max Well-Known Member

    Joined:
    30th Nov, 2015
    Posts:
    2,091
    Location:
    Gold Coast
    An update. A little birdie told me that 14 Albatross Ave place sold for 1.7m. A developer was offering 1.85 but was trying to seek a 5 month settlement period which the seller refused as seller is buying beachfront. 14 albatross was bought for 1.3m end of 2014 with 400k deposit so a pretty decent roi. But also a great buy for the new buyer. Fantastic location. Congrats to both.
     
    big max, 6th Jan, 2018
    #2
    Merlin likes this.
  3. JDP1

    JDP1 Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    4,244
    Location:
    Brisbane
    It will happen one way or another. Dunno by who and when, but it will happen. It's too obvious for it not to. It may even be something simpler as upgrading the current services to make them faster and more express.
    The main focus (of politicians especially and the business community) is more on the developments in and around the Brisbane cbd - and will likely be the case for the next few years at the least.
     
    JDP1, 7th Jan, 2018
    #3
    pwt likes this.
  4. big max

    big max Well-Known Member

    Joined:
    30th Nov, 2015
    Posts:
    2,091
    Location:
    Gold Coast
    31755EBD-9675-4D59-B6A4-51E9C06202DD.jpeg Mermaid Beach quarterly update. Continues to rise nicely.
     
    big max, 11th Jan, 2018
    #4
    KevinJ and Goldie R like this.
  5. big max

    big max Well-Known Member

    Joined:
    30th Nov, 2015
    Posts:
    2,091
    Location:
    Gold Coast
    And sales volume also at highs which may be a sign of something ...
     
    big max, 11th Jan, 2018
    #5
  6. nth brisbanite

    nth brisbanite Well-Known Member

    Joined:
    22nd Jun, 2015
    Posts:
    385
    Location:
    North Brisbane
    Just reading page 24 of today's Courier Mail where it says that 'While home values grew just 2.4% in Brisbane over the past 12 months, they jumped almost 7% on the Gold Coast'. I realise that this is just over a year but still believe Brisbane will have its day. I'm disappointed though that I didn't invest on the Gold Coast when I had a chance , 2 years ago.
     
    nth brisbanite, 13th Jan, 2018
    #6
  7. big max

    big max Well-Known Member

    Joined:
    30th Nov, 2015
    Posts:
    2,091
    Location:
    Gold Coast
    I think Briabane will show slow but steady gains over next 5 years with Gold Coast outperforming. But Bris still very good value. Eventually goldbrizzie will be one anyhow.
     
    big max, 14th Jan, 2018
    #7
  8. boganfromlogan

    boganfromlogan Well-Known Member

    Joined:
    10th Jan, 2017
    Posts:
    3,332
    Location:
    Brisbane
    When goldbrizzie becomes one, will that make logan the centre of the universe? My local drug lord says it will.
     
    boganfromlogan, 15th Jan, 2018
    #8
    Kevvy7 likes this.
  9. Northboy

    Northboy Well-Known Member

    Joined:
    1st Dec, 2016
    Posts:
    128
    Location:
    Sydney
    Question: Is there anything on the GC around Southport, Surfers etc. that is not a holiday building? It seems that everything I can see under $400k is a holiday rental place with associated pool, management and high strata fees. Not that they make this clear in the real estate ads; you just have to decipher it from the photos.
     
    Northboy, 15th Jan, 2018
    #9
    MS2 and DW13 like this.
  10. Mel_C

    Mel_C Well-Known Member

    Joined:
    19th Jul, 2015
    Posts:
    232
    Location:
    QLD
    Mel_C, 16th Jan, 2018
    #10
    big max and josh123 like this.
  11. Mel_C

    Mel_C Well-Known Member

    Joined:
    19th Jul, 2015
    Posts:
    232
    Location:
    QLD
    You may find an old walk up block with a bit of searching or duplex
     
    Mel_C, 16th Jan, 2018
    #11
    Northboy likes this.
  12. big max

    big max Well-Known Member

    Joined:
    30th Nov, 2015
    Posts:
    2,091
    Location:
    Gold Coast
    big max, 16th Jan, 2018
    #12
  13. Mel_C

    Mel_C Well-Known Member

    Joined:
    19th Jul, 2015
    Posts:
    232
    Location:
    QLD
    Haha yeah I think the APRA changes took at bit of steam out the market in the second part of year but will be interesting to see how things pan out this year.
     
    Mel_C, 17th Jan, 2018
    #13
  14. Sackie

    Sackie Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    25,058
    Location:
    Vaucluse, Sydney.
    Sackie, 25th Jan, 2018
    #14
    Foxdan likes this.
  15. craigc

    craigc Well-Known Member

    Joined:
    25th Jun, 2016
    Posts:
    1,594
    Location:
    Melbourne
    Very nice, sold for $1.7M!
     
    craigc, 28th Jan, 2018
    #15
    Sackie likes this.
  16. big max

    big max Well-Known Member

    Joined:
    30th Nov, 2015
    Posts:
    2,091
    Location:
    Gold Coast
    97A14161-EAC7-4E8D-8D4F-4AB30DB20F44.jpeg 96FE3C87-9DEE-49DD-9666-F20969AF7946.jpeg 1B8A2F80-3D22-4E7F-8450-BC590BA49E7D.jpeg 97A14161-EAC7-4E8D-8D4F-4AB30DB20F44.jpeg 96FE3C87-9DEE-49DD-9666-F20969AF7946.jpeg 1B8A2F80-3D22-4E7F-8450-BC590BA49E7D.jpeg 96FE3C87-9DEE-49DD-9666-F20969AF7946.jpeg 97A14161-EAC7-4E8D-8D4F-4AB30DB20F44.jpeg Quarterly market update for my preferred investment locations - Mermaid Beach, Palm Beach, Mermaid Waters. All markets continued to rise, albeit at a slower place. Sales volume strong. No sign of any rapid FOMO buying yet, which is what we have seen typically in the last few years of any Gold Coast boom. So all looking good for now. As for post commonwealth games I personally believe we will see a significant “halo effect” for 2018-2020.
     
    big max, 14th Feb, 2018
    #16
    josh123 likes this.
  17. tilt10

    tilt10 Well-Known Member

    Joined:
    1st Jan, 2016
    Posts:
    143
    Location:
    QLD
    Great buy Second Ave Broadbeach. Offers over $435000.
    2 bed ,2 bath ,2 car security, pool NE aspect . $51bc approx, over 200k in sinking fund.
    Magic unit 300 metres to beach. Possibly best unit in block. Good rental. Sold vacant possession. Owned for around three years. Yes i know the owner and if i had the money available i would buy it.

    7/32 Second Avenue Broadbeach Qld 4218 - Unit for Sale #127425914 - realestate.com.au
     
    tilt10, 15th Feb, 2018
    #17
  18. big max

    big max Well-Known Member

    Joined:
    30th Nov, 2015
    Posts:
    2,091
    Location:
    Gold Coast
    8487030C-FB27-4920-AC67-2A5C37ADF3A6.jpeg Tallebudgera joins the million dollar median price club.
     
    big max, 15th Feb, 2018
    #18
    KevinJ likes this.
  19. big max

    big max Well-Known Member

    Joined:
    30th Nov, 2015
    Posts:
    2,091
    Location:
    Gold Coast
    big max, 19th Feb, 2018
    #19
  20. big max

    big max Well-Known Member

    Joined:
    30th Nov, 2015
    Posts:
    2,091
    Location:
    Gold Coast
    big max, 20th Feb, 2018
    #20
Page 1 of 3