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Why the Gold Coast You do the maths and let us know,
We could list all the beautiful things about the Gold Coast and the lifestyle of South East Queensland but instead lets just look at the stone cold investment FACTS.
Supply and demand rule property prices. Regardless of the technical babble that some may want to proclaim, supply and demand rule and have always ruled property prices and they always will.
Question; 2 properties exactly the same size, age and condition are on the market one is 1km from a capital city, the other is located 15km from the capital city? Why is one worth maybe 3 times the other?
Answer; More people want it, because they want to be close to the city.
It's called supply and demand, the more people that want it, the higher the price will be simply because the next person is willing to pay more and the next more and so on.
Fact, The Gold Coast is not driven by people wanting to live by a city
Fact, The Gold Coast is driven by people wanting to live by the water.
Fact, The Gold Coast is by far the fastest growing city in Australia.
Fact, 14,000 people immigrant each year to live on the Gold Coast.
Fact, The Gold Coast "has" run out of "quality" land on which to build. There are many examples of developers turning remote areas on the Gold Coast into housing estates some of which were unusable flood plains, BEFORE and NOW are selling for record prices even though these estates are some 30 minutes drive from the Gold Coast beaches.
Fact, In 2005 there were 191 Sales of beachside apartments between $2,000,000 and $10,000,000 on the Gold Coast. Take a moment now, to think! these are apartments not enormous mansions. Just what do the people with the real money know, that others are yet to discover!
Fact, There are very very few "quality positions" left for builders to build, expecially when it comes to multi storey buildings in near beach or beachfront locations.
Fact, A beachfront property that sold 12 years ago for $690,000
You would be lucky to find the same property today for $5,500,000
Question; What's going to happen in the next 12, 20, 30 years to the Gold Coast?
Will people decide to leave the Gold Coast in droves? Will the Gold Coast infrastucture break down? Will aliens create more Beachside / Beachfront land for us all to share?
Or is it more likely that the Gold Coast will continue to progress the same way it has over the past 50 years, with population continuing to grow. Is it more likely that with no new quality land that "quality properties" which are now starting to become in low supply will be even further in low supply in the future and hence will natually rise in price due to supply and demand?
You do the maths and let us know,
Fact, Apartments in quality beachside positions are still available at affordable prices, yet to enjoy a major price increase,
Besides, there is nothing much more rewarding than having your own getaway lifestyle investments on the Gold Coast that you can enjoy alone, with family, business associates, or friends and relatives.
You get the best of all worlds; use the apartment for your leisure or business, while receiving good rental returns and the real possibility of excellent capital gain.
Investing on the Gold Coast
Satisfying the need of both
investing for the future
and having the enjoyment of lifestyle!
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