How to profit on the Gold Coast growth corridor and Mackay

As the property market still boils away in Sydney and Melbourne, Aussie property buyers should look to Queensland which has been rated as an “extreme buyer’s market”.

Lyn Cobley, Commonwealth Bank executive general manager retail products and customers told News Ltd Queensland has been showing promise for some time.

“Queensland has been favourable to buyers for the past 12 months,” she said.

“Certainly in the quarter ending August 2014, the ratio of properties for sale versus home loans being funded has actually swung even further in favour of buyers.

“In the capital cities, they are typically more balanced [markets] in favour of the seller which reflects the very big difference in metropolitan versus regional markets.

“On a whole the regional markets, especially those in coastal areas, actually offer the best opportunities for buyers.”

 

Gold Coast and Brisbane City Key Drivers and New Infrastructure

At either end of the Gold Coast to Brisbane Growth Corridor are the respective cities that are undeniably Booming and Blooming. These key drivers and infrastructure are creating an even more sound case for investing half way between the two world class cities.

Gold Coast

Jupiters Hotel & Casino

Work has begun on an amazing $345 million redevelopment at Jupiters Hotel & Casino in Broadbeach.

A new 6 star luxury hotel tower will be built and all existing facilities will under-go a makeover. Also with the $1 billion Jewel project at Surfers Paradise recently finding its feet financially with Chinese investors, the Gold Coast will be under-going major construction over the coming years with both projects predicted to finish in 2018 just in time for the Commonwealth Games.

“From a tourism perspective this will attract more foreigners from all over the world to our shores of the Gold Coast Growth Corridor and boost the economy dramatically resulting in a booming property market.”

Gold Coast Light Rail

The Gold Coast light rail project is one of the biggest public transport projects in the country, and the biggest transport infrastructure project ever undertaken on the Gold Coast.

Gold Coast University Hospital is now Australia’s largest hospital with 750 overnight beds, three times larger than the previous Gold Coast Hospital. Knowledge Precinct is the largest clinical and research facility in Australia and for health students, the training environment on the Gold Coast is second to none..

 

Mackay’s Wheel of Fortune

Best Time to Invest in Royal Sands – Mackay

The tide is well and truly turning on the Mackay Property Market so check out Royal Sands Wheel of Fortune by Choice Homes and discover why it is the best time to invest in property in Mackay.

Mackay Property - Best Investments Royal Sands

 

Brisbane

South Bank beach receives $1.72 million upgrade; Brisbane Lord Mayor Graham Quirk said South Bank was one of Brisbane’s most popular attractions, receiving about 10 million visitors each year.

With enough water to fill five Olympic swimming pools and a past winner of the friendliest beach award, South Bank’s man-made beach will receive a $1.72 million upgrade to improve safety and make it more user-friendly.

In November 2014, Brisbane will host the Group of Twenty (G20) Leaders Summit, the principal forum for international economic cooperation and decision-making. Over the days of the event, Brisbane will become capital city of the world, with leaders from the world’s most influential economies gathering in our city.

 

Brisbane Convention Centre

The economic benefits to Brisbane are expected to run in excess of $100 million, with an upsurge in trade for local shops, hotels, and restaurants. This worldwide attention will bring on-going tourism benefits, as well as business interest which will generate long term investment and encourage more international business relationships.

The Lady Cilento Children’s Hospital project is a $1.5 billion program of works to improve children’s health services in Queensland, culminating with the opening of the new children’s hospital in late 2014.

 

Lady Cilento Children's Hospital

Brisbane Airport Corporation’s new Property Development Master Plan will focus on creating a vibrant commercial hub from Airport Village to the Domestic Terminal and beyond within the next 10 years.

“Brisbanites will have access to an innovative double decker public transport tunnel which will accommodate both rail and busway services under the new “UBAT” (underground busway an train) tunnel.”

 

 

Bus and Train Project

The Queensland Government has officially released the Connecting SEQ 2031 transport vision. The plan aims to double South East Queensland’s public transport usage to 15 million trips per day.

 

 

 

 

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