Confidence returning on the Gold Coast

The Gold Coast’s successful bid to host the 2018 Commonwealth Games has boosted confidence and  drastically improved sentiment in the December quarter of 2011.

A soft homebuyer market has  increased pressure on the rental market, resulting in higher rents across the entire country

Median weekly asking rents for houses increased by 1.1 per cent in the December quarter

Brisbane and Perth  had healthy jumps, increasing by 2.7 per cent and 2.6 per cent respectively,

Increasing competition for properties, particularly from homebuyers unable or unwilling to enter the property market has resulted in rising rental prices

Landlords have capitalised on the high competition in the marketplace and are charging a premium for their properties.

What’s all this about investing in Australian mining areas???

Boom times in the bush???

 

South Africa is trending downwards

Fitch downgrades SA outlook

Jan 13 2012  Reuters .

Johannesburg – Fitch cut South Africa’s rating outlook to negative from stable on Friday, saying it had seen limited progress on several long-standing structural issues that have over time caused the country’s economic performance to fall behind its peers.

Westfield proceeding with Coomera Town Centre

One step closer;  Westfield secures Coomera Town Centre discount

|  January 7th, 2012

The Coomera Town Centre is a greenfield town centre within the Gold Coast’s Northern Growth Corridor, one of the most dynamic and quickly growing regions within South East Queensland. The town centre’s location and expected growth will make it a key driver of the Gold Coast economy.

This is quite profound

Who are you???

Qantas meets rising demand in fly-in, fly-out market

The contraction in the hospitality and construction industries caused by the GFC, has been more than offset by the Commodities boom, but this has lured workers to move to the mining towns in search of employment opportunities. Unfortunately, amenities like schools and shops in the mining areas are still undeveloped and families still prefer to live in the established cities

Goldcoast Rental squeeze spurs fierce competition

|  January 9th, 2012

PEOPLE vying to rent sought-after Gold Coast properties are pulling out all stops to secure the homes.