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Queensland building approvals jump by 13 per cent

June 3rd, 2009 – Gold Coast Bulletin

THE second month of positive growth in building approvals has raised hopes the property market might have hit bottom and be heading up.

The April building approvals for Queensland rose by 13.1 per cent seasonally adjusted, compared to last month’s increase of 7 per cent, according to the Master Builders Association of Queensland.

MBA director of housing Darren Barlow said Queensland performed strongly against the national trend but with only two months of positive growth recorded he was wary of calling it a trend.

“Queensland’s performance was stronger than the national average of 5 per cent, which is a very positive sign for a state that has been consistently lagging behind national averages for some time,” he said.

“The trend estimate for Queensland’s total number of dwelling units also rose by 2 per cent, which is the first rise in 18 months.

“Once figures for May are released next month, we’ll have a clearer indication of whether or not Queensland’s building approvals have finally turned the corner.”

Mr Barlow said another boost to consumer confidence was the welcome decision by the Reserve Bank of Australia yesterday to keep interest rates on hold.

“This decision demonstrates the RBA is not overly concerned with inflationary pressures and that growth has stabilised,” he said.

Boost extension to safeguard jobs

Wednesday, 13 May 2009

The continuation of the First Home Owner Boost (FHOB) will help to protect Queensland jobs over the next six months, according to the Real Estate Institute of Queensland (REIQ).

“The majority of Queenslanders who have entered the market since the FHOB was introduced in October last year have opted to buy an existing home and, by doing so, have safeguarded jobs in the property sector as well as in industries as diverse as retail and banking to solicitors and the building trades,” REIQ managing director Dan Molloy said.

“The REIQ urged the Federal Government earlier this year to recognise that the purchase of existing homes was also a positive for our economy, so it is very pleasing that this advice has been heeded.”

The FHOB extension will also help first home buyers to carefully plan for the biggest financial commitment of their lives.

“Job security has to be the number one consideration for anyone contemplating buying their first home. And given the current generationally low interest rates, first home buyers also need to assess how their finances will hold up should interest rates rise,” Mr Molloy said.

The FHOB grants are in addition to the existing $7,000 grant under the First Home Owners Scheme, which will continue to be available next year.

This means first home buyers entering into contracts between now and 30 September this year will receive the standard $7,000 grant, as well as an additional boost payment of $7,000 for established homes, or an additional $14,000 for new homes.

Between 1 October and 31 December, the additional boost amount – on top of the standard $7,000 grant – will be $3,500 for established homes or $7,000 for new homes.

Surfers Paradise, Gold Coast $455,000

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Unit @ /21 Cypress Ave Trilogy Surfers Paradise, GOLD COAST Price: $455,000

  • Bedrooms: 2
  • Bathrooms: 2 including ensuite
  • Parking: 1 secure undercover
  • Rental Return: Holiday let or permanent rentals

Two bedroom 6th floor furnished apartment in thr heart of Surfers Paradise. Resort facilities include pool, recreation and gym facilities with spa and sauna. Holiday let or permanent rent. Short stroll to beach and major shops.

View Property Brochure

For details or to arrange an inspection of this property, please call Anja Cass on 0410 483 664 or office 07 5538 1646.









Upper Coomera, Gold Coast $347,000

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Unit 58 Ellington 24 Jessica Drive UPPER COOMERA, GOLD COAST

  • Price: $347,000
  • Bedrooms: 3
  • Bathrooms: 2
  • Parking: 1
  • Rental Return: $325 pw

Building age approx 3 yrs. 3 Bedroom Townhouse. Air conditioning – Dishwasher – Ensuite. Single Lock Up Garage. Body Corporate $47.69 pw. 70 units in complex. Age – Approx 4 yrs. Pool – spa – Gym – BBQ/recreation area. Close to Shopping Centres and Theme Parks. Handy to Colleges – Schools and Transport. Easy access to Highway.

View Property Brochure

For details or to arrange an inspection of this property, please call Anja Cass on 0410 483 664 or office 07 5538 1646.









Helensvale, Gold Coast $347,000

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Unit 71 ‘Riverlink Grove’ 2 Anaheim Drive HELENSVALE, GOLD COAST 

  • Price: $347,000
  • Bedrooms: 3
  • Bathrooms: 2
  • Parking: SLUG
  • Rental Return: $280 pw

Body corp $54.02 pw. Building age approx 10 years. Rental return$280 pw. 3 Bedroom Free standing House in Security Gated Complex. Single Lock Up Garage. Pool – Recreation Area. Short drive to Westfield Shopping Centre and Train Station. Close to Schools. Close to DreamWorld, MovieWorld and Wet ‘n Wild. Easy access to Highway.

View Property Brochure

For details or to arrange an inspection of this property, please call Anja Cass on 0410 483 664 or office 07 5538 1646.









Upper Coomera, Gold Coast $344,000

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Unit 68 /24 Jessica Drive Ellington UPPER COOMERA, GOLD COAST

  • Price: $344,000
  • Bedrooms: 3
  • Bathrooms: 2 including ensuite
  • Parking: 1
  • Rental Return: $360 pw

3 Bedroom Townhouse. Air conditioning . Dishwasher. Ensuite. Single Lock Up Garage. Rental – $360 pw. Body Corporate $47.20 pw. 70 units in complex. Age approx 4 yrs. Pool – spa – Gym – BBQ/recreation area. Close to Shopping Centres, Colleges and Schools, Theme Parks and Transport. Easy access to Highway.

View Property Brochure

For details or to arrange an inspection of this property, please call Anja Cass on 0410 483 664 or office 07 5538 1646.









Biggera Waters, Gold Coast $326,000

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@ /601 Pine Ridge Road Runaway Heights 2 BIGGERA WATERS, GOLD COAST

  • Price: $326,000
  • Bedrooms: 3
  • Bathrooms: 1 plus downstirs toilet
  • Parking: SLUG plus parking space
  • Rental Return: $315 pw

3 Bedroom Townhouse. Age – 17 yrs Approx. Bathroom and two toilets. Single Lock Up Garage. Pool, Tennis Court. 74 Units in complex. Close to Shopping Centres and Schools. Easy access to Highway and Transport.

For details or to arrange an inspection of this property, please call Anja Cass on 0410 483 664 or office 07 5538 1646.











Biggera Waters, Gold Coast $320,000

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93/601 Pine Ridge Road Runaway H2 BIGGERA WATERS, GOLD COAST

  • Price: $320,000
  • Bedrooms: 3
  • Bathrooms: 1 with two seperate toilets
  • Parking: 1 single garage
  • Rental Return: $320 pw

B/Corp approx $55pw. Large living/kitchen/Dine area with covered rear patio. Airconditioned. Pool, BBQ and Tennis facilities. Single garage. Close to Schools, Shops and Transport.

For details or to arrange an inspection of this property, please call Anja Cass on 0410 483 664 or office 07 5538 1646.









Surfers Paradise, Gold Coast $306,000

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Unit @ / 70 Rememberance Drive “Surfers Resort” Surfers Paradise, GOLD COAST

  • Price: $306,000
  • Bedrooms: 1
  • Bathrooms: 1 with sauna and steam room
  • Parking: 1 plus visitor parking
  • Rental Return: Live in / Holiday Let or Permanent Let

Walk to CBD and Beaches. Personal spa/sauna in bathroom. Beautifuly appointed kitchen. Live in, Holiday or Permanant Rental. Nothing to spend. Heated outdoor pool, sauna and spa. Bistro, poker machines and bar at ground level. Bowling club facilities including 4 bowling greens. In house security/undercover and visitor parking.

View Property Brochure

For details or to arrange an inspection of this property, please call Anja Cass on 0410 483 664 or office 07 5538 1646.

Highland Park, Gold Coast $296,000

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57a/6 Ben Lomond Drive Panorama Palms HIGHLAND PARK, GOLD COAST

  • Price: $296,000
  • Bedrooms: 3
  • Bathrooms: 1 Two Way with seperate toilet
  • Parking: double lock up garage
  • Rental Return: potential $305 per week

Well presented townhouse in hinterland estate. Close to M1, Rail, Schools and Major Shops. Returning $305pw. Pool, Spa and BBq facilities. Double lock up garage.

View Property Brochure

For details or to arrange an inspection of this property, please call Anja Cass on 0410 483 664 or office 07 5538 1646.