House And Land Packages Queensland Australia

March 2006

New primary school for northern Gold Coast
27 March 2006

Premier Peter Beattie has announced a new primary school will be built on the Gold Coast to cater for the growing demand for student places.

State Cabinet today approved the new school, which is estimated to cost $36 million and be operational by 2008.

"This area is experiencing strong residential growth from families, and is growing faster than most areas along the Brisbane-Gold Coast corridor," Beattie says.

"A new primary school will serve the needs of the community as well as attract further investment into the area, which is important for a buoyant economy.

"We have a couple of possible sites in mind for the new school but there will be consultation with the local community before anything is finalised.

"This new school is a continuation of our commitment to provide quality education facilities on the northern Gold Coast. Since 2000, we have built Pacific Pines State High School, the Upper Coomera State College and the Pacific Pines State School.

"I would expect construction of the new school to get under way early next year and the doors to open to the first intake of students in 2008."

Education Minister Rod Welford says planning and design of the new school will commence later this year. It will be built in the Pacific Pines area.

"The new school will incorporate modern design principles and include a resource centre, administration block, tuckshop, a covered play area and sports oval," he says.

"At the same time, we are providing enhancements at two existing local schools, including a new ramp at Pacific Pines State School to enhance disability access from the street. This will also improve accessibility for parents of children in prams when attending meetings, functions and activities at the school.

"There will also be an $80,000 security upgrade including closed circuit television cameras and sensor lights at Nerang State High School."

Queensland remains the growth state
Gold Coast City Council 23/03/2006

New figures released by the Australian Bureau of Statistics reveal Queensland has retained its title as the growth state.

Queensland's population grew by a staggering 75,900 last financial year. The growth rate of 2 per cent was easily the best in the nation ahead of West Australia at 1.6 per cent.

Coastal house prices enjoy their place in the sun
Andrew Fraser
The Weekend Australian 18/03/2006

QUEENSLAND coastal centres are the hot property of Australian real estate, with house prices continuing to rise despite the market having cooled in southern cities.

House prices in Townsville, Mackay and Rockhampton, which are close to coal mines in the Bowen Basin and benefit greatly from the mining boom, have gone up by over 20 per cent in the past year.
Capital city house prices have either fallen or risen only slightly over the same period. Figures released yesterday by property analysts Residex show that in the 12 months to the end of February, house prices in Sydney went backwards by 3 per cent while prices rose in Melbourne by 5.7 per cent and in Brisbane by 5.1 per cent.

Read the entire article here

Big smoke, even bigger prices
Anthony Klan
The Weekend Australian 18/03/2006

. . . . . Demographer and partner at accounting firm KPMG, Bernard Salt, says Australia's four biggest cities are expected to increase their share of the population over the next 20 years.

"So, too, will places such as the Gold Coast and selected regional areas on the eastern seaboard and the southwest cape," Salt says, citing downshifting baby boomers seeking seachange and treechange lifestyles. "The areas that will lose market share over the next 20 years are the weaker capital cities and the bush."

Read the entire article here

Real estate booms in regions
John Stapleton and Maurice Dunlevy
The Advertiser 13/03/2006

WHILE residential real estate markets have stagnated in five mainland capitals, once shunned near-city towns are experiencing a bonanza.

Bunbury in Western Australia is one of Australia's fastest-growing areas, with some prices doubling while Perth struggles.
South Australia has Mt Barker, a rural community with metropolitan house prices.

Buying near Geelong, Victoria, can mean paying as much as you would in Melbourne's best suburbs -- 80km away.

Prices have stalled in Brisbane, but the boom continues on the Gold Coast and along most of the Queensland coast.

The trend is no more apparent than in New South Wales. Margaret Dixon paid $76,000 for a 0.80ha block outside Otford, just south of Sydney, in 1976 and expects to get more than $2 million for her hilltop property.

Mrs Dixon, 59, said the property had seemed remote at the time -- with no milk, bread or mail deliveries and no running water. "I wasn't working, I had three children under five, but my husband worked enormously hard to pay it off," she said.

"If someone had told me I would be living in a $2 million property I wouldn't have believed them."

What was once seen as remoteness is now branded as valuable privacy, and what used to be a long trip to the city is little more than standard commuting time today.

Helensburg PRDnationwide director Doug Svensen said he expected a 25 per cent increase in the next 12 months for the best properties just south of Sydney.

Waterfront prices at Thirroul, on the outskirts of industrial Wollongong, are on par with beachfront homes at suburban Cronulla. "It doesn't matter if it's Thirroul or Cronulla, because both cost $1.2 million," he said.

Major city property markets continued to show signs of recovery over the weekend. Australian Property Monitors said clearance rates in Sydney were at 54 per cent, a jump of almost 14 per cent, with total sales worth $71 million, compared with only $54 million for the same time last year.

Clearance rates in Melbourne were a high 60 per cent, up 10 per cent on the same weekend last year and, with a dollar value of $48million, more than double the value of properties sold in the same weekend last year.

House price bounce back
BRIAN THOMAS
Sunday Mail 12/03/2006

THE Queensland housing market has defied the odds, bucking predictions of doom and gloom by recording widespread price rises.

The latest official figures show almost every major local-government area in the state recorded a rise in median house prices in 2005.

Regional centres in north Queensland, including Mackay, Rockhampton and Townsville, were the state's best performers, storming ahead by up to 35 per cent.

Read the entire article here

To keep up to date with the latest information about South East Queensland, and specifically the Gold Coast Coast real estate, subscribe to our monthly newsletter. You can be removed anytime you wish.