RPM SEQ Property Research Report revealed SEQ buyers waiting 208 days after signing a contract to settle on residential lots
This is more than double the median of 96 days buyers had to wait in 2021 and more than three times the 67 days it took to settle land purchases in 2020. Despite record construction activity across the state, southeast Queensland is failing to keep up with demand for residential lots,” said...
Developer focus on owner-occupied stock to further pressure rental market - Knight Frank Residential Developer Survey 2023
Knight Frank has released its Australian Residential Developer Survey 2023, which is the first of its kind. Knight Frank Partner, Head of Residential Erin van Tuil said more developers were opting for a balanced buyer pool or homes designed purely for an owner-occupier.
New PBSA Report Reveals Extent of Student Spending
The first-of-its-kind report produced by The Student Accommodation Council in partnership with Accenture, reveals the average PBSA student spends $4,400 per month not including tuition, while the average Australian spends $4,600, says The Student Accommodation Council’s Executive Director Torie...
Experts discuss green and gold decade for Olympic city
Ray White Commercial’s Between the Lines live webinar attracted more than 300 listeners this month as experts discussed south east Queensland’s green and gold decade
Australia’s construction costs continue to rise at record rates
CoreLogic Research Director Tim Lawless said while the rising cost of construction was not new, the persistent increase in construction costs would continue to have a big impact nationally. CoreLogic Construction Cost Estimation Manager, John Bennett, said the Cordell costings team were...
Gold Coast property market heats up as buyers look further south
Kollosche Commercial's Adam Grbcic, talks to the investor trend towards southern Gold Coast following the sale of a commercial building and boutique beachfront development site at 782 Pacific Parade Currumbin sold for $5.11 million.
Weigh up risks and rewards before embarking on amalgamation sale says Kollosche Commercial
Huge demand for Gold Coast real estate is making it an ideal time for unit owners to band together to amalgamate property and attract developer attention, Kollosche Commercial agents Adam and Tony Grbcic say.
Changes to Gold Coast City plan risks stifling development on Gold Coast Highway says Kollosche Commercial
Kollosche Commercial sales specialist Adam Grbcic said changes mooted in the Our City Our Plan Consultation Report Round 4 could severely limit the viability of motel properties as development sites.
CROWN GROUP on the hunt for new Australian development sites
Leading luxury apartment developer open to joint venture collaborations. Crown Group Chairman and Group CEO Iwan Sunito says the Group will be expanding in Sydney and are looking at opportunities in Melbourne and Brisbane.
Melbourne Land Prices Increase but Geelong was Victoria’s top performer Oliver Hume
Geelong was Victoria’s top performer for land prices in the March quarter 2021 where most municipalities recorded increases in value according to the latest Oliver Hume Quarterly Market Insights report.