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TALK OF THE TOWN
It's great to hear that despite some uncertainties and challenges, the property market on the Gold Coast and Northern Rivers has continued to perform well, with high sales results and a strong demand from buyers who are attracted by the lifestyle and amenities of the area. The upcoming Autumn sales season is predicted to be robust, with a new wave of buyers entering the market, and interest rates at a more respectable level The ongoing development and infrastructure projects on the Gold Coast also present great opportunities for businesses and investors, but buyers should keep in mind that there is limited residential, industrial, and commercial availability
There is also an increase in demand for schools, which suggests that families are looking to settle in the school catchment areas Buyers are also looking at different suburbs more than ever before as they are priced out of main areas which in return is putting pressure on the land availability on the Gold Coast which explains high rises which are popping up everywhere to keep up with this mand exciting to see the increase in development and construction ivity along the Gold Coast coastline. The growing number of nes in the skyline is a good indication of the level of investment d interest in the area, which is attracting more people, businesses, d investors to the region
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AMIR MIAN CEO & PRINCIPAL
thermore, there is massive infrastructure with state and local vernment implementing and upgrading the current facilities the d Coast has to offer such as; upgrade to M1 and also the G Link mline with the additional platforms from Burleigh Heads back to established Broadbeach South Station, Gold Coast University spital and Robina Hospital have been approved for a $88 5 million pansion to accommodate the growing population and with the s of Harry Triguboff, Morris Group, Tim Gurner, Makris Group, erpa, Mosaic property group, Espire and may more now steaming ead with their exciting projects such as 152 The Esplanade, La ago, Prospective Albatross, Mantaray, Glasshouse and many re
The Gold Coast is seeing a significant amount of investment in its luxury hotel industry, with major hotel brands such as Marriott International and The Star Residences pouring billions of dollars into developing new properties in the area The upcoming Ritz Carlton at Mariner's Cover with $480 million involved in the development and with the St Regis hotel ($1 7 Billion development) will be highly anticipated additions to the Gold Coast's already thriving tourism industry. The W Hotel at The Star Residences is also expected to be a major drawcard for visitors and will contribute to the area ' s ongoing growth and development with their $2 billion development
The 2032 Olympics in Southeast Queensland are expected to bring significant investment and economic growth to the region, including the Gold Coast With the ongoing development and infrastructure upgrades in the area, there are many opportunities for businesses, investors, and entrepreneurs to capitalize on the growing demand However, with limited availability and increasing construction costs, the property market in the Gold Coast and surrounding regions such as Byron Bay will likely see long-term demand outpacing supply, making it an attractive market for investors and homebuyers alike.
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