The Gold Coast Australia

Facts and figures

The Gold Coast is the sixth largest city in Australia and one of the fastest growing regions in our country. Covering an area of 1400 square kilometres, the city's boundaries extend from just south of Beenleigh to Coolangatta, taking in South Stradbroke Island and part of Moreton Bay and extending west to the hinterland of Mount Tamborine and the Lamington and Darlington Ranges.

Population

The Gold Coast's current population of 515,157^* is expected to continue to grow by 13,000 to 16,000 people per year, so that by 2026 Gold Coast City will be home to over 730,000 residents.

^*Based on projected figures. Source: PIFU; ABS, Regional Population Growth, Australia, 2006-2007.

Climate

Gold Coast City's climate is sub-tropical with 287 days of sunshine annually.

• Average Summer Temperatures: 19 to 29 degrees Celsius (66 to 83 degrees Fahrenheit)
• Average Winter Temperatures: 9 to 21 degrees Celsius (48 to 69 degrees Fahrenheit)

Transport

The region is served by Gold Coast International Airport, with frequent domestic services from Melbourne, Sydney, Adelaide and Hobart, and International services from New Zealand and Asia. Brisbane's International Airport also provides links with the USA and Europe.

A rail link and Pacific Motorway contects Brisbane to the Gold Coast. Environment

While the Gold Coast is one of the fastest growing regions in Australia, it remains one of the most bio-diverse, with bushland, marine and freshwater habitats which are home to more than 1300 animal and 1750 plant species.

Tallest structure

The spire of Q1, the world's tallest residential tower, is 322.5 metres above street level with an observation deck on the 78th floor.

Attractions and features

Gold Coast City offers an abundance of attractions including

• 70 kilometres of beaches with an average water temperature of 22 degrees
• 260km of navigable waterways (nine times more than Venice)
• a Regional Botanic Gardens and 2245 parks covering 20,000 hectares
• major shopping centres, small boutiques, specialty shops and markets
• restaurants and cafes offering cuisine from around the world
• evening entertainment from nightclubs, restaurants, clubs, hotels and Conrad Jupiters Casino to Broadway musicals, ballet and theatre
• a large selection of wildlife and theme parks
• tropical rainforest hinterland with abundant wildlife and numerous bush walks  
  

  world-class sporting and recreational facilities
• a huge range of accommodation from five-star international resorts to camping ground

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Sydney 'contains good-value property'

Australian property investors should look to the middle and outer suburbs of Sydney, as good-value housing lies within these areas, an expert has claimed.

Speaking at a Sydney property conference, Louis Christopher, managing director of SQM Research, said that investors should look to buy in these suburbs over the next 12 months.

He went on to say that investors should especially look in these areas if the government decides to cut sales tax, which would boost the city's housing market.

"There is an under-supply situation occurring for NSW [New South Wales]. We are actually building less dwellings now than in 1984 and have been building less since the year 2000," the Australian newspaper reports Mr Christopher as saying.

He added that the population in the city has increased significantly from 3.2 million to four million since 1984.

Earlier this month, John McGrath of McGrath Estate Agents predicted that 2011 will be a good year for Australian property.



Australian Investment Property

Steve Douglas - Chairman - SMATS Group

AFL Middle East Grand Final

The unbeaten Abu Dhabi Falcons AFL team took  on the Doha Kangaroos yesterday 25 March in the Middle East Australian Football League Grand Final at 3pm in Zayed Sports City.

This was the Qatar club’s first ever grand final appearance while the Abu Dhabi team  contested its second decider in a row after losing last year to the now defunct Dubai Heat.

While the Kangaroos are were at full strength, the Abu Dhabi Falcons will unfortunately be without top ruckman Mark Deverall due to a serious illness.

However, the Falcons will welcomed the return from injury of hard-hitting defender Jason Phillips, the inaugural coach of the Abu Dhabi club.

The Falcons’ bid for victory was  led by skipper Dan Brooke, midfielder Adam Trzesinski (ex-South Adelaide SANFL) and the fleet-footed Stuart Brohoaska.

This was the first-ever Middle East AFL grand final played in Abu Dhabi. “The clubs that have played at Zayed Sports City this season fully endorsed the venue for this year’s grand final,” said league spokesman Steve Watson.

“There has already been strong interest in the game locally" he added.
1980 Brownlow medallist Kelvin Templeton was on hand to present the award for best player while Australian Ambassador to the UAE and Qatar, His Excellency Doug Trappett, will present the premiership cup to the winning team.

The Muscat Magpies will played the Dubai Dingoes for 3rd place which kicked-off at 1 pm, with the Maggies coming out on top. The Auskick kids will played the dads in the curtain-raiser to the finale at 2.20pm. and great fun was had by the kids and dads alike Admission was free to all.

The Main Game

Australian Ambassador to the UAE and Qatar, His Excellency Doug Trappett, presenting the premiership cup to the winning team.

The Abu Dhabi Falcons celebrating their victory

Peter Casey from Aussie Property presenting the best and fairest medal

The contest was hard fought and was close throught the whole game, however the Falcons triumphed and came out on top as winners

Aussie Property is proud to sponsor AFL and Auskick in The Middle East



Australia's Million-Dollar Neighborhood Club Surges!

The number of Australian suburbs with a median home price of AUD $1 million or more surged 35 percent in 2010, real estate researcher RP Data said, as high-end property prices defied higher interest rates.

Suburbs in the “million-dollar property club” jumped to 212 during the year, compared with 78 five years ago. Some 56 percent of the suburbs were in Sydney, and 20 percent in Victoria state according to RP Data.

Some 40 percent more properties worth over A$1 million were listed for sale in December than was the average for that time of year, the Real Estate Institute of Australia said.

Peppermint Grove, a western suburb of the Western Australian capital of Perth, is the nation’s most expensive area, with a median house price of A$4.6 million. Resource-rich Western Australia had 12 percent of the nation’s wealthiest suburbs.

Vaucluse in eastern Sydney was second, with the average home costing A$3.8 million. Queensland had 6 percent of suburbs with the median home costing more than A$1 million, the Australian Capital Territory had 2 percent and Northern Territory had 0.5 percent.

Sydney

Home in Vaucluse

Home in Peppermint Grove Perth

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Gold Coast

Foreign Investors Buying Property in Australia

Buying a Property from a Developer as a Foreign Investor

Apartments or townhouses in a proposed development, or in a development which has just been completed but has not yet been occupied or sold, can be sold to foreign investors as long as the developer applies in advance for this to be allowed. If a foreign citizen buys a property in this way (often called "buying off the plan"), the property, when built, can be rented out, sold or used by the purchaser.

You should ask to see a copy of the developer’s approval letter to ensure that FIRB approval exists for sales to foreign citizens.

You should be aware that, on purchase of any apartment, new or old, you are liable to pay regular levies (payable weekly, monthly, quarterly or annually) to cover the costs of the property and grounds that all the residents use. A group known as the body corporate, made up usually of your fellow owners, is responsible for collecting levies for two funds, called an Administration Fund and a Sinking Fund. These funds go towards servicing the lifts, repainting the building, lighting the hallways - the various maintenance jobs that benefit all residents. If you are buying into an apartment block with, for example, a gym, swimming pool, rooftop tennis court and so on, levies will be comparatively high.

If you are planning to buy an apartment, your legal representative will need to make a Strata Records Inspection. This will outline how much the levies are at the time of purchase. Such an inspection will also tell you the rules governing use of common facilities, whether or not pets are permitted as so forth.

The process is quite a simple one and if you are dealing with a reputable broker then you will have a hassle free experience.



Ten ways to increase your borrowing capacity

1. Consolidate unsecured debts into your mortgage

2. Reduce excess credit, especially credit cards

3. Keep financial records up to date

4. Select the right loan product

5. Be aware that income type is treated differently by nearly every lender

6. Shop around for the right lender and right package

7. Split your liabilities with your partner

8. Use  existing properties as cross collateral

9. Extend the term of your loan

10. Save, save, save

Todays Tip!
Obtaining finance from the banks is a bit of a game. You either need to know how to play it in order to win the best deal, or get a good broker on your team who will go in to bat for you. Either way, keep your investment goals in sight and go for the best finance package that will get you there sooner.

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How Things Change!

Why Buy Australian Property?

Why Buy Australian Property?

Australia property is offering great opportunities for relocation and investment purposes. If it is carefully selected in one of the country’s current hotspots, Australian property offers homebuyers excellent returns.