The property market in the southern states of Australia is in hot demand. Among them, Queensland benefited from policy support and the good news of Brisbane’s successful bid to host the 2032 Olympics. Gold Coast property prices rose by 23% year-on-year, and the transaction volume of new apartment projects soared 97%. It hit a new high in 7 years, and the property vacancy rate dropped to a record low of 0.9%.
The Gold Coast property market performed very well, due to natural population growth, overseas migration and the growth of intercontinental migration of Australians.
Strong demand has also stimulated a sharp increase of 20% to 30% in apartment rents on the Gold Coast, which was once comparable to Sydney and Melbourne. It is a veritable "dark horse" in the property market.
Ray White Hong Kong presents Sufers Paradise (Surfers Paradise), a first-line beach residential area on the Gold Coast, Australia The scenery is beautiful.
The project provides highly sought-after 1-bedroom, 2-bedroom, and 3-bedroom apartment units in the area. The first phase starts at HK$260,000, and buyers can enjoy a 2-year rental guarantee plan of 5%*.
The property fair will be held this weekend, and there will be free investment seminars and immigration sharing sessions to analyze the appreciation potential of Gold Coast properties.
Friends who are interested in capturing the rising tide of the local property market or collecting rents from home buyers should not miss it.
The population of Australia has continued to rise with the influx of immigrants in recent years, and Queensland has the largest population increase.
With reference to the intercontinental immigration figures of the Australian Bureau of Statistics, Queensland's population growth in the first quarter of 2021 outperformed Victoria and NSW.
The population of Brisbane, the capital, is relatively stable, with growth rates hovering between 1.7% and 2.9% over the past 20 years.
It is the surrounding areas that really drive the population growth of Queensland, especially the Gold Coast, which has an increase of 16.6%.
The migration of foreign and intercontinental immigrants to the Gold Coast certainly has a positive impact on the property market.
Local buyers for own use accounted for 56%, and investors from Queensland and other states each accounted for about 20%.
The market is facing a situation of short supply. The demand of investors and immigrants accelerates the speed of residential delivery. Based on the current 450 apartments sold every quarter, the supply of apartments in the regional market is only 4.2 months of supply.
The rising property prices have also led to rising rents. Among them, the rental value of new properties on the Gold Coast has shown a significant premium. The weekly rent for one-bedroom and two-bedroom units can reach AU$490 and AU$600, respectively, which are higher than the average rent in the first quarter of 2021. 32% and 20%.
Sora, a rare new development on the Gold Coast, is backed by the Nerang River and faces invincible sea views. The location is unique.
New properties on the Gold Coast boast unlimited sea views, both for long-term and short-term rentals or for self-occupation. The first installment starts at HK$260,000
Coastal properties on the Gold Coast are very hot, and there are few new properties in the area in recent years. Ray White Hong Kong brings a rare apartment project Sora to satisfy everyone's desire to live in or collect rent.
This bayside mansion is located in the popular beach residential area of Sufers Paradise that locals dream of. It has a sea view to the east, Nerang River to the west, and Southport to the north.
The property is within walking distance to Paradise Centre Shopping Centre, Cavill Mall, Orchid Avenue recreational area and light rail station. The Southport School, St Hilda's School, Griffith University and Bond University are also within a 20-minute drive. The location is very advantageous.
The project is planned by the top design firm DKO Architecht, and the interior design is integrated with the surrounding scenery.
Residents can walk to Surfers Paradise Beach in just one minute, and there are all kinds of retail, dining and entertainment facilities nearby.
In addition, Sora’s clubhouse is also equipped with recreational facilities such as a fitness room, spa, swimming pool, and a sky garden and bar on the top floor. Residents can enjoy a quality life.
The 26-storey Sora building offers 128 1-bedroom to 3-bedroom apartment units. Most of the units are oriented eastward, and residents can enjoy the magnificent beach views.
The project not only fills the scarce supply of 1 and 2 bedrooms in the area, but also has a reasonable entry threshold, starting at only HK$260,000 for the first phase.
Buyers can enjoy a 5% rent guarantee plan for 2 years each.
The property trade fair will be held this weekend, and there will be Gold Coast immigrants who will show up and share their local experience, and experts will explain the investment potential of the Gold Coast property market.
Talk about local accommodation, humanities and culture, schools, economy and future development. Parents who are considering immigration or want to send their children to study abroad may wish to learn more!
How is the property market on the Gold Coast?
Why did you choose the Gold Coast instead of the other two popular cities-Sydney and Melbourne?
What is unique about the Gold Coast that makes it stand out from the pandemic?
If you are interested in buying and renting properties in this "dark horse" area of the Australian property market, or buying for your own use, and enjoying the unparalleled sea view of Australia's Gold Coast, you can make an appointment to attend the fair.
*The 5% rent protection plan for 2 years is only applicable to buyers who purchase Furniture Packages.
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Australia Gold Coast Property Fair
Date: October 23 to October 24 (Saturday and Sunday), 11 am to 7 pm
Location: Room 1633 (The Balmoral Display Gallery), 16th Floor, Star House, Tsim Sha Tsui
Free investment seminar time:
Topic: Gold Coast Immigration Sharing Session
Time: Saturday, 1:00 pm
Topic: Gold Coast Investment Strategy
Time: Saturday, Sunday, 4 pm
Welcome to register in advance or make an appointment for
inquiries and appointments. Click here: https://bit.ly/3pdee3R
*Information provided by the customer
#Offers are subject to terms and conditions
^Investment involves risks