Unless you have been hiding under a rock this past week you would have heard (or heard of) the visiting American economist Harry Dent. Here to promote his book called “End of the World”; Harry is back to his old tricks telling people not to buy a house. He’s also telling people to sell what…
Renee Viellaris | The Sunday Mail (Qld) | May 29, 2011 Unstoppable momentum: State Treasurer Andrew Fraser says decentralisation of industry and the mining boom mark II will lead to Queensland’s population reaching 7.2 million by 2031. Regional Queensland is facing a population onslaught, with new modelling predicting an extra 800,000 people will squeeze into…
New house packages often aren’t the best investment. NEW house and land packages are not the best investments, according to a new analysis, with higher returns more consistent from properties in established areas. Greenfield estates don’t perform as well as established areas, when it comes to investment returns, 6 Point Property managing director Simon Pressley…
TREASURY briefings to Population Minister Tony Burke advocate a high migration rate being used to offset the impact of Australia’s ageing population and help maintain economic growth. But Treasury remains concerned the states are unprepared for a population boom, with housing shortages and infrastructure bottlenecks across the nation. The April briefs for Mr Burke, obtained…
Interest in central Robina success story Riverwalk is heightening with the last building in the project, 38 Riverwalk Avenue, completed and more than 50 per cent sold. A sellout will bring to an end a program which has created a chic neighbourhood of nearly 400 Riverwalk apartments and townhouses on the doorstep of Robina Town…
A study by Westpac Economics released today finds little evidence of a price ‘bubble’ in Australian housing markets with prices instead being sustained by an acute shortage of supply. While housing may be relatively expensive, affordability in Australia is not as stretched as some extreme estimates suggest. Affordability measures that take into account all dwelling…
