Pines Resort, Gold Coast, For Sale
CB Richard Ellis has been appointed to sell the prestigious Royal Pines Resort on the Gold Coast, in a move expected to attract significant interest from major developers and hotel investors.
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Queensland Agents Sweep Awards at 2008 REIA National Awards For Excellence
Queensland has won three awards at the 2008 Real Estate Institute of Australia (REIA) National Awards for Excellence, held in Melbourne last night.
Read moreBrisbane’s Silverwells Manors, Kangaroo Point, to be Redeveloped
ONE of the most prominent private heritage residential refurbishment projects ever to be undertaken in south-east Queensland, is attracting serious attention both locally and nationally.
Read moreInterest Rate Rise Will Hurt Homeowners, REIQ Says
The Reserve Bank of Australia’s decision on 4 March to increase the cash rate by 25 basis points to 7.25 per cent will hurt many homeowners and lock out an increasingly number of first home buyers from the market.
Read moreSustainable House Growth Predicted for Queensland
Queensland’s residential property market may have finished 2007 on a high but more modest growth is expected this year, according to the Real Estate Institute of Queensland (REIQ).
Read moreUnits Provide Alternative Buffer, in Queensland
Queensland’s unit and townhouse residential property sector mirrored the State’s house market last year with healthy price growth recorded across most parts of the Sunshine State.
Read moreBrisbane’s Tallest Building Under Construction
Queensland’s Deputy Premier and Minister for Planning and Infrastructure, Paul Lucas, today visited the Vision site in Mary Street to inspect progress on the 79 level tower, which will be the city’s tallest building on completion in 2011.
Read moreIpswich Motorway Will go Ahead
After less than 100 days in office, the Rudd Labor Government is ending 12 years of neglect by delivering a $700 million injection of funds for the Ipswich Motorway.
Read moreBluewater Master Planned Community Meets Pent Up Buyer Demand
Cairns, Australia, 25 February, 2008: As Multiplex Living’ s Bluewater master planned community at Trinity Beach, 20 minutes north of Cairns, continues to rapidly take shape, sales to date have made it one of North Queensland’s most highly sought after lifestyle developments.
Read moreDB RREEF Signs Rio Tinto For Brisbane Office Building at 123 Albert Street
DB RREEF today announced that global mining group Rio Tinto has signed on as the major tenant for its new premium office development, 123 Albert Street, Brisbane, QLD.
Read moreDA Approved for 77 Eagle Street
The GPT Group is pleased to announce the demolition of Indigo House and the construction of a new 44-level commercial office tower located at 77 Eagle Street in the Brisbane CBD.
Read moreTrinity & Consolidated Properties Announce Far North Queensland Housing Estate
Listed diversified property group Trinity (ASX: TCQ) and its wholly owned development subsidiary Consolidated Properties today announced plans for their latest project in thriving Far North Queensland, a $25 million housing estate at Cooktown.
Read moreDB RREEF Wholesale Property Fund (DWPF) to Redevelop Willows Shoppingtown, Townsville
DB RREEF Wholesale Property Fund (DWPF) today announced it had received development application (DA) approval from Thuringowa City Council to proceed with its $70 million redevelopment at Willows Shoppingtown in Townsville, QLD.
Read moreAffordable suburbs star performers
The latest Real Estate Institute of Queensland (REIQ) figures confirm that the State’s most affordable suburbs are also some of its star property performers.
REIQ figures show that in the 12 months to the end of September 2007, the majority of affordable suburbs in each major regional centre not only had median house prices under $300,000 but also recorded double digit percentage growth.
Read moreUnits record double digit growth
With median house prices in many parts of Queensland now more than $400,000, it is still possible to buy a unit or townhouse for less than $250,000 in one third of the State’s major centres.
And Real Estate Institute of Queensland (REIQ) figures released today show that this segment of the residential property market is continuing to perform well with double digit percentage growth recorded in many parts of the State.
Read moreResources boom underpins top suburbs
Nine of the top 10 performing Queensland suburbs over the past year are located in or close to resource-rich areas, according to the Real Estate Institute of Queensland (REIQ).
Queensland’s residential property market has recorded its fourth consecutive quarter of consistently healthy price growth.
Read moreOne year of house price growth
Nine of the top 10 performing Queensland suburbs over the past year are located in or close to resource-rich areas, according to the Real Estate Institute of Queensland (REIQ).
Queensland’s residential property market has recorded its fourth consecutive quarter of consistently healthy price growth.
Read moreDevine to Sell Hideaway @ Carrumbin Site, Gold Coast
Listed property developer Devine Limited (ASX: DVN) has entered into a contract to sell its exclusive Hideaway @ Currumbin site on the Gold Coast for $75 million.
Read morePrivate Consortium Buys Mirvac’s Hope Island Resort on the Gold Coast for $53m
A private consortium associated with the developers of Casuarina Beach in northern NSW has settled its $53 million purchase of part of Hope Island Resort on the Gold Coast from Mirvac Group.
Read moreISPT Pays $385m for Brisbane CBD Office Building
ISPT has acquired the 40,429 square metre tower located at 345 Queen Street for a purchase price of $385 million (excluding acquisition costs). The property has 34 upper levels and a 5 level annex building with separate entrance to Queen Street. Parking for 270 cars is provided over 4 basement levels.
Read moreUndabri Merino Stud Farm Sells For More Than $13 Million
A Queensland based property investor has paid more than $13 million for the former Undabri Merino stud farm in south-east Queensland.
Read moreHousing affordability sidelined in Budget
Tuesday’s State Budget missed an opportunity to comprehensively address the issue of housing affordability, according to The Real Estate Institute of Queensland (REIQ).
Read moreRegional centres set Qld property market pace
If you want to find the star performers of the Queensland property market, you just need to look to the north and to the west.
Read moreREIQ wins Consumer Protection Award
The Real Estate Institute of Queensland (REIQ) has won a 2007 Queensland Consumer Protection Award.
Read moreHousing affordability strategy welcomed
The Real Estate Institute of Queensland (REIQ) welcomes the release today of the State Government’s housing affordability strategy.
Read moreRate rise blow for affordability
Housing affordability has taken another hit following the Reserve Bank of Australia’s (RBA) decision today to increase the cash rate by 25 basis points to 6.5 per cent.
Read moreBest vying for State’s top awards
Real estate agencies big and small, residential and commercial, as well as agents new and established are vying for the State’s most prestigious property awards.
Read moreInterest rate rise
The Reserve Bank of Australia’s decision today to increase the cash rate by 25 basis points to 6.75 per cent is not surprising following the release of inflation figures last month.
Read moreLend Lease to Defer Asset Sales
As previously advised Lend Lease Corporation (“Lend Lease”) is not a forced seller of assets and has no intention of selling assets at sub optimal values. Given current market conditions Lend Lease does not believe it is appropriate to sell certain assets, including some equity investments in Public to Private Partnership projects in the UK this financial year. Revised guidance after the removal of these items and other adjustments for the year ending 30 June 2009 is Net Operating Profit after Tax of circa A$300 million.
Read moreGenuine Savings Now Required For Most Mortgages
Many Australians are unaware that the vast majority of lenders now require loan applicants to provide evidence of regular, genuine savings and at least a 5% deposit outside of any grants or other incentives*.
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