GCPN News Updates

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Gold Coast Airport

News 72
Posted at 01 March, 2007

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.......

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HIA & ABS Reports

News 71
Posted at 01 March, 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.......

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Another big move

News 70
Posted at 01 February, 2007

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.......

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Ups and Downs

News 69
Posted at 01 February, 2007

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......

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Higher rent return on the way

News 68
Posted at 01 January, 2007

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......

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Strongest growth in Australia

News 67
Posted at 01 January, 2007

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.......

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Housing Affordability Crisis

News 66
Posted at 01 December, 2006

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.......

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Construction remains flat

News 65
Posted at 01 December, 2006

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.......

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.25% Interest Rate Rise

News 64
Posted at 01 November, 2006

The Reserve Bank's decision today to raise official interest rates for the third time in six months has been criticised by the Housing Industry Association, which claims it will only inflict more pain on Australia's housing industry.......

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ABS Housing Report

News 63
Posted at 01 October, 2006

The Australian Bureau of Statistics [ABS] report show a lack of new housing and tight rental markets have put a floor under Australian house prices, according to the Housing Industry Association (HIA).......

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