Booming Suburb Nerang

Is this booming suburb near you?

The Gold Coast suburb of Nerang is shedding its down-market image with a host of new apartments in the pipeline, making it Australia’s second fastest apartment boom suburb with a 12 month increase of 39%.

Bankwest general manager broker sales Stewart Saunders said while the rest of the country was experiencing huge declines in medium density housing, Nerang was continuing a long-term trend towards apartment living. Continue reading “Is this booming suburb near you?”

Gold Coast Beach

Southern investors eyeing off the Gold Coast Property Market

Southern investors are once again eyeing off the Gold Coast property market with a leading real estate industry identity labelling it a “compelling’’ market to invest in.

With quality properties at often half the price of  southern markets, it was a good place to invest according to leading real estate identity John McGrath, of McGrath Real Estate who is currently on the Gold Coast to host the 20th annual Australasian Real Estate Conference.

Mr McGrath said while Sydney and Melbourne investors had dropped off from the Gold Coast and southeast Queensland during the Global Financial Crisis, they were now returning to the market.

Continue reading “Southern investors eyeing off the Gold Coast Property Market”