MASSIVE OPPORTUNITY IN 2016, with the Gold Coast property market booming!

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1 INFOBLAST POWERED BY PROPERTY IN A BOX MASSIVE OPPORTUNITY IN 2016, with the Gold Coast property market booming! According to the experts we can expect double digit growth next year and strong growth for the next 3-5 years here on the Gold Coast. See from these recent news articles: $250m Eco Theme Park for Gold Coast Buyers shun NSW, but warm to Qld Currumbin prices rocket by 20 per cent as Gold Coast property tipped to boom for next 3 years Five suburbs to watch across Australia in 2016 Gold Coast Australia s hottest rental area Gold Coast has had the highest growth rate in land values in the State market to reap rewards Gold Coast property to grow by 13% - report Gold Coast property to rise 11 per cent in 2016 says SQM Research Report Gold Coast rental market tipped to remain tight over next year Gold Coast's sunny outlook for property investors in 2016 Great prognosis for Gold Coast property Hong Kong casino billionaire Stanley Ho rolls dice on $120m Gold Coast apartments Jewel positions the Gold Coast as Australia s new hot spot for growth Queensland is once again creating jobs and that s good for property- Sydney 'close to peak' and South East QLD to boom next 3 years: McGrath / Symond

2 2 minutes to Coomera Town Centre Stage 1 of the Westfield Development set to include the area with major shopping precinct, activity centres and transit hub including Cinema Department Store Fast food Premises Retail service establishments Tavern Nightclub and more Otto, Big Sky and Lura are just a stones throw from 8 of the best 2 minutes to New Approved Westfield Coomera Town Centre 2 minutes to Coomera Train Station 2 minutes to Pacific Motorway 3 minutes to Coomera Sports Park 3 minutes to Two Supermarkets 3 minutes to Gold Coast City Marina 2 minutes to High School, Primary School, Child Care & Tafe 3 minutes to Golf Course To allow convenient access to the Coomera Town Centre, construction of the Exit 54 interchange upgrade is well ahead of schedule. According to Department of Transport and Main Roads the road upgrade should be completed by the end of 2016, in time for Westfield's planned opening of its new Coomera Town Centre! 4-Bed, 2-Bath House and Land Available from $444,900 Estimated Rent Value $460/Weekly Lura and Otto, Coomera are two superior master-planned estates, just 20 minutes from the beautiful Gold Coast and 40 minutes to Brisbane s CBD. Just a short drive to stunning beaches, world class shopping and superior schools, Lura, Big Sky and Otto Estates Coomera offers the desirable Gold Coast lifestyle you deserve. Location, Location, Location Local amenities including the Coomera East railway station, which now connects with the Gold Coast G:Link light rail system via a bus network. The new $1.76 million Gold Coast University Hospital and health and medical services hub is close at hand and a vast array of education facilities including the new Griffith University campus. Coomera is also 40 minutes from the two major airports, both with domestic and international terminals.

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4 $250m Eco Theme Park for Gold Coast KATHLEEN SKENE DECEMBER 09, 2015 A BREATH-taking nature-based theme park inspired by the most beautiful gardens on Earth is planned for Tallebudgera as part of an Australia-first, $250-million tourism development. Ridong Gold Coast, partners in the Jewel project, have won a preliminary bid for a 2018 exhibition ratified by the esteemed International Association of Horticultural Producers. Named Australis, the park would be purpose-built in time for the international exhibition and will then take its place as the city s newest theme park. It is designed to feature striking plants and landscapes from up to 50 countries, with a world-class wedding venue as a stunning centrepiece at the Bellagio La Villa mansion. Ridong chairman Ri Yu Li bought the mansion and three neighbouring parcels, totalling 23.1 hectares, last September. Tourism and Events Queensland provided $15,000 for the bid, which the Gold Coast Bulletin understands was also supported by Gold Coast Tourism and the Gold Coast City Council s Economic Development department. A development application is yet to be submitted for the project and Ridong declined to comment on the plan. Just a few cities in the world are selected to hold an AIPH expo each year with the association s event schedule including the lauded Floriade festivals. Australia has never before hosted an AIPH exhibition. National Trust Currumbin Sanctuary chairman Jonathan Fisher said he hoped the Border and Hinterland walks could be connected to the proposed new attraction, creating a world-class, ecotourism hub on the southern Gold Coast. He said land on the higher blocks that was less suitable for development could be rejuvenated as a conservation area where rescued animals could be safely released. If they re going to build world-class, eco-tourism facilities, that will rise and fall with their relationship with the land, he said. Major garden-based attractions across the world, like the UK s Eden Project in Cornwall, have built important community and conservation partnerships and Mr Fisher said he hoped similar opportunities would present themselves here.

5 Buyers shun NSW, but warm to Qld Nick Bendel Monday, 23 November 2015 House hunters have dramatically lost patience with Australia s largest state, but have embraced infrastructure-hungry Queensland. The Time to Buy a Dwelling Index registered a 4.8 per cent deterioration across NSW, Victoria, Queensland, Western Australia and South Australia for the 12 months to September. NSW was largely responsible for the decline, with its reading crashing 33.6 per cent to 63.8 points, according to PRDnationwide, which compiled the index based on data from Westpac and the Melbourne Institute of Applied Economic and Social Research. Victoria also went backwards, with its reading falling 14.4 per cent to 93.2 points. The other states made gains South Australia by 1.9 per cent to 124.2, Western Australia by 4.5 per cent to and Queensland by 17.3 per cent to 145. PRDnationwide national research manager Asti Mardiasmo said NSW s position was a classic case of a vulnerable market. What shoots up at such a rapid pace will also go down at equal pace the minute that there is a chink in the armour, she said. The chink in the armour in this case is affordability in June 2015, NSW was the only state whose affordability index went down. Dr Mardiasmo said Queensland s improvement reflected the state s affordability and capital growth. Buyers are realising there is a similar price growth percentage in major Queensland property markets such as Brisbane and the Gold Coast however, the price of property is lower than Sydney and other metro NSW markets, she said. Another factor has been the considerable infrastructure development planned for the triangle of Brisbane, the Sunshine Coast and the Gold Coast, according to Dr Mardiasmo. This includes a new casino for Brisbane, a new hospital for the Sunshine Coast and the Commonwealth Games preparations taking place on the Gold Coast. Knowledge of potential growth is being made public and starting to happen now, investors are seeing this potential and investing now in anticipation of future growth, she said.

6 Possible shower or stor m. Currumbin prices rocket by 20 per cent as Gold Coast property tipped to boom for next 3 years ALEXANDRIA UTTING OCTOBER 03, 2015 PROPERTY prices in Currumbin, Coolangatta and Yatala increased by more than 20 per cent in the past year with Southport, Hope Island, Pimpama and Coomera markets tipped to boom. The latest Core Logic RP data shows median sale prices for houses in Currumbin increased to $955,000 as of June 31.3 per cent more than at the same time last year. The data also showed prices in Coolangatta had risen by 25.9 per cent to $715,000, while median unit prices in Yatala were up 22 per cent to $305,000. Gold Coast property analyst Colleen Coyne attributed the increased property values in Currumbin to the size of the suburb and the rate of families moving to the area. It s not a very big suburb and it s close to the beach, so it s probably fairly well sought after, she said. The property researcher also said interstate buyers had traditionally desired property in Coolangatta. I think Coolangatta has always had a following and some Brisbane buyers like to jump over the Glitter Strip and the tourist areas and it can be a quieter spot for families, Ms Coyne said. Ray White Surfers Paradise Group director Andrew Bell said he was confident about the future of the Coast property market, with the central and northern suburbs tipped as the next sweet spots. It s very clear the strength in the marketplace is very central and to the north, he said. There is great activity in Surfers Paradise, which is going through a renaissance at the moment, and in recent years 43 per cent of all of the tourists that came to the Gold Coast stayed in Surfers, so that makes it a Mecca for development and that s a very strong impetus of the Surfers market. He said suburbs that provided convenience for commuters would see a lot more action in the next few years. The northern suburbs markets like Southport and Hope Island and up into Coomera and Pimpama are doing extremely well and I think these are the next hot pots, Mr Bell said. The reason is that there is the desire for people to live on the Gold Coast and commute to Brisbane for work, so the north is the logical choice.

7 Five suburbs to watch across Australia in 2016 By Terry Ryder Property Observer Mon, Dec 14, Oxenford and the northern growth corridor, QLD: The Gold Coast is now the clear national leader among the Local Government Areas of Australia. It has the most growth suburbs, by a wide margin. These rising suburbs are found right across Gold Coast city, but the growth corridor stretching north from the Gold Coast towards Brisbane is the standout area, with growth suburbs either side of the Pacific Motorway. Oxenford stands out, with sales rates lifting from per quarter last year to in the past two quarters. Other growth suburbs in this precinct include Coomera, Upper Coomera, Pimpama and Ormeau. 2. Lalor and Whittlesea, VIC: The Whittlesea LGA in the northern suburbs is leading the way, headed by the suburb of Lalor (median house price $400,000), where sales rates have increased from around 70 per quarter last year to above 100 more recently. Other growth suburbs in this precinct include Epping, Mill Park, Doreen, Mernda and Thomastown. 3. Beenleigh and Logan City, QLD: Logan City, which borders the Gold Coast to the south and Brisbane City to the north, has led the revival of Greater Brisbane markets in Another standout suburb in Logan City is affordable Eagleby, where sales in the past four quarters have increased from 59 to 65 to 95 to Forster-Tuncurry, NSW: The Great Lakes LGA in the Mid North Coast region of New South Wales is a standout performer is this latest survey for The Price Predictor Index. Residential sales in Forster, about 300km north of Sydney, have risen from 106 to 114 to 139 to 152 to 155 in consecutive quarters, while neighbour Tuncurry has recorded a similar pattern. 5. Point Cook and Wyndham City, VIC: Another example of the emergence of the affordable outer ring suburbs of the Melbourne metropolitan area is Wyndham City in the south-west heading towards Geelong. A number of suburbs have strong growth trajectories, headed by the developing suburb of Point Cook, where quarterly sales in the past 18 months have been 289, 313, 350, 396, 395 and 420.

8 Gold Coast Australia s hottest rental area by Sarah Millar 17 MAR 2015 The Gold Coast is top of the leaderboard for Australia s hottest rental suburbs, where there are up to 1,897 online visits per property in some suburbs, new data shows. A strip of suburbs stretching from Tweed Heads in northern NSW to Broadbeach Waters on the Gold Coast makes up Australia s Top 20 Rental Hotspots. The trend towards beachside living was repeated across most states, but in Victoria trendy innercity hipster suburbs won out. Rental properties in Tugun, on the Gold Coast, were the most sought after in the country between December 2014 and February 2015, data from realestate.com.au reveals. Figures show an average supply of 31 residential rental properties per month during the quarter to meet a total demand of 57,932, for an average of 1,897 online visits per property. Miami, Burleigh Waters, Burleigh Heads and Elanora rounded out the top five most competitive rental suburbs. The ratio of demand and supply is calculated on the number of visits to realestate.com.au/rent per listing that included at least one property view in a given suburb. Suburbs are limited to those with at least 10 listings per month (on average). Ray White Surfers Paradise Group CEO Andrew Bell says the Gold Coast is booming thanks to multi-billion investments and development, plus the upcoming 2018 Commonwealth Games. There s billions and billions of dollars being invested in the Gold Coast at the moment, he says. The light rail and the new university hospital is about $3 billion alone. Then there are groups like Jupiter s Casino and Pacific Fair which will be the largest shopping complex in the Southern Hemisphere who are spending about $1 billion in construction. And then there are developers also spending money. Bell says the amount of development has led to a huge migration of people to the area, with most workers looking to rent. He says his agents could have up to 40 applications for the one property at a Saturday inspection.

9 Gold Coast has had the highest growth rate in land values in the State market to reap rewards CONNOR O BRIEN AND ALISTER THOMSON MARCH 07, 2015 Suburb by suburb land values below. Pic David Clark. THE Gold Coast property market is expected to reap the rewards of massive growth in land values across the city. As reported by the Bulletin this week, the Coast had the highest growth rate in the state at 10.7 per cent more than five times the growth of Valuer-General Neil Bray said generally values increased in the coastal area but were static in suburbs west of the Pacific Motorway. The highest increase was at Bundall where the median residential land value increased 37.8 per cent to $510,000. Broadbeach Waters and Surfers Paradise registered growth of 20 per cent or more. Local real estate figures believe the results will be a huge bonus for the city, with property commentator Colleen Coyne indicating a boost in confidence for the market. In terms of people buying into an area, if they see values rising, it encourages people to come here, she said. Ray White Mermaid Beach sales agent John Mayer said while there was a downside for homeowners, paying increased rates due to rising land values, it would be of benefit when it was time to sell. When you buy into Broadbeach Waters or Bundall or another area on the Gold Coast, you re getting good value for money, he said. However, REIQ Gold Coast zone chairman John Newlands said the increased valuations would not be welcomed by all parts of the community, such as those on fixed incomes. They are hit hard by council rates but most people will welcome the value of their land heading north, he said.

10 Gold Coast property to grow by 13% - report Sam Butler 17 JUL 2015 The Gold Coast has popped up as a bright spot in an otherwise fairly flat medium-term outlook for Australian property prices. BIS Shrapnel s Residential Property Prospects, 2015 to 2018 report forecasts price growth of 13% on the Gold Coast over the three years to June While the report also cautions that anticipated interest rate rises and new building throughout this period will slow things down slightly, local economic growth, event-related tourism and renewed enthusiasm from sellers is set to drive a pick-up in activity. The Gold Coast is in the midst of major infrastructure projects as it prepares to host the Commonwealth Games in The G:link light rail, which links Griffith University's Gold Coast campus tobroadbeach, has been open to the public since July 2014, adding to a network of local buses and train routes connecting Gold Coast to Brisbane and beyond. Pacific Fair Shopping Centre is currently undergoing a $670m transformation that will see it become the largest mall in Queensland. Also the Westfield Coomera Town Centre development is finally underway. The billion dollar project will create up to 1600 jobs. The site of the former Gold Cost Hospital in Southport is also being redeveloped, while Broadwater Parklands, a master-planned community space that includes the new Gold Coast Aquatic Centre, is in its final stages. Meanwhile, the $1bn mixed-use Pacific View Estate, green-lit to be built in the Gold Coast suburb of Worongary, has the potential to contribute up to $3.2bn to the local economy as well as create 3,500 houses and apartments and more than 2,700 jobs, according to figures quoted by the Queensland Government. "There s lots of activity going on around the coast plenty of infrastructure going in or being upgraded that will benefit us after the Games have finished," says Tony Coughran, buyers agent with VFM Property Advisors. "My advice is to buy in and around the key infrastructure projects and areas, as well as one of the many popular schools here."

11 Gold Coast property to rise 11 per cent in 2016 says SQM Research Report by Matthew Cranston November 30, 2016 "There is no question right now that landlords are in charge of the Gold Coast market as vacancies have plummeted and rents have accelerated," Mr Christopher said. His data shows low vacancy rates of under 2 per cent and rent rises of up to 8 per cent a year. Mr Christopher said the Gold Coast had yet to see its traditional building surge and that the market crash of had only modestly recovered until now, meaning prices were still below fair value. "Back in 2010 the Gold Coast housing market suffered a perfect storm of events that created a major dwelling price crash. A lot of those events have now dissipated and right now, there are many favourable economic factors which are helping to improve the region. So we believe Gold Coast property investors are likely to enjoy good returns, both in rents and capital growth for up to the next three years." SQM expects a rise of 7 per cent to 11 per cent in dwelling prices for The man who repeatedly predicted the boom in Sydney's house prices is now forecasting growth of up to 11 per cent in Gold Coast prices next year. Louis Christopher, of SQM Research said Sydney house prices would rise 15 per cent to 20 per cent in and 8 per cent to 12 per cent in Sydney in He now expects Australia's famous glitter strip has entered "a robust housing recovery. In the new apartment market, major developers such as China's Wanda Group have already started projects and domestic developers are also well under way with plans, including from the well known Jim Raptis. Citimark, which has over $1 billion worth of high-rise apartment towers planned at Surfers Paradise and Chevron Island, is also developing after seeing the opportunity over 18 months ago. Joint managing director Angus Johnson said the fundamentals at the Gold Coast had never been stronger. "The market at the moment is characterised by a lack of supply and growing demand. "We have been attracted to the Gold Coast because of the strong fundamentals and you only need to see the difference between the median apartment value in Sydney compared to the Gold Coast it's never been greater. It's a 124 per cent difference."

12 Gold Coast rental market tipped to remain tight over next year By Michelle Rafferty December 1, 2015 An independent property adviser says he does not expect rental demand on the Gold Coast to ease over the next 12 months. Vacancy rates remain at a record low of about 1 per cent. Luke Nichols from Herron Todd White said the Gold Coast market was strong. "Certainly in terms of apartments and townhouse type product you'll continue to see good interest from investors because the reality is our property prices for new units will be well below what they are paying in Sydney and Melbourne," he said. Property analysts say prices are climbing more quickly on the Gold Coast than in Brisbane. Latest data from CoreLogic RP Data shows Brisbane is one of only three capital cities where values rose in November. They have grown by about 4 per cent in the past 12 months. "Whatever growth you see in Brisbane you'll probably experience a similar level if not a bit stronger level," Mr Nichols said. "Our market certainly up to about a million dollars is pretty strong and has seen pretty good growth over the last 12 to 24 months."

13 Gold Coast's sunny outlook for property investors in 2016 Simon Pressley JUN 17, 2015 Of the 550 city councils across Australia, the Gold Coast will be one of the top property market stars by the end of 2015 and for the next couple of years. Property sales volumes have been strong with increases of 11% (houses) and 39% (apartments) from two years ago. Median house values have increased by 11.2% during the last two calendar years. Momentum for the Gold Coast property market is destined to accelerate further. In Propertyology s opinion, property markets will be driven by (arguably) the biggest job market turn around in the country. We also have expectations for Australia s tourism industry to experience a boom that will be bigger and last a lot longer than Australia s recent mining boom. Property investors, including an influx of Asian investors, will add further buoyancy while the build up to the 2018 Commonwealth Games on the Gold Coast will ensure that the profile remains high. Historical population growth of almost double the national average can be attributed to the Gold Coast lifestyle. Plus a pipeline of major projects bigger in size than several capital cities has resulted in an incredible transformation. Net jobs growth of 19,662 for the 2013 calendar year was blown out of the water by the 181,856 net jobs in Major projects include the new $1 billion Coomera Town Centre, Commonwealth Games Village ($2 billion), and Pacific Fair Shopping Centre upgrade ($0.7 billion). The proposed $7.5 billion Gold Coast Cruise Ship Terminal and Resort was recently scrapped by the new state government. Reports that two thirds of the community are in favour of the project has resulted in the proponent (ASF Consortium) being determined to open up fresh discussions to resolve concerns over the potential environmental impact. Without the ASF project the Gold Coast property market is tracking towards annual double-digit price growth. The potential 30,000 direct and indirect jobs that would be created if the $7.5 billion cruise ship project were completed would be an immense game-changer for the local property market. Boom!

14 Great prognosis for Gold Coast property Thursday, 24 September 2015 Staff Reporter A property data company has just released its annual report on the Gold Coast market, with improvements in several key indicators leading to a revised outlook. SQM Research has released its annual Gold Coast Housing Market Snapshot report, upgrading the region s investment rating to 3.75 stars. The Gold Coast s previous rating was three stars, issued by the company in Low vacancy rates, high yields and an increasing population all contributed to the upgraded outlook, according to SQM Research owner Louis Christopher. In 2010 the Gold Coast housing market suffered a perfect storm of events that created a major dwelling price crash. A lot of those events have now dissipated and, right now, there are many favourable economic factors which are helping to improve the region, Mr Christopher wrote. The Gold Coast is predicted to achieve dwelling price growth beyond previous expectation in 2016, with Mr Christopher citing optimism surrounding the 2018 Commonwealth Games as a potential influence on price growth. The key findings of the report are that dwelling prices are expected to rise by seven per cent to 11 per cent for 2016, which should make the Gold Coast an outperforming region for real estate investors next year, he wrote. Due to the region undergoing only a modest recovery until now, SQM Research believes property prices are still below fair value with the region about to enter a more robust recovery period. That recovery would appear to have already occurred in regard to property rental rates, with Mr Christopher stating: There is no question right now landlords are in charge of the Gold Coast market, as vacancies have plummeted and rents have accelerated.

15 Hong Kong casino billionaire Stanley Ho rolls dice on $120m Gold Coast apartments by Matthew Cranston Dec Stanley Ho's new development called Eleve Residences Hong Kong billionaire Stanley Ho will proceed with a $120 million apartment development on a golf course at the Gold Coast he has owned for 20 years, in acknowledgment of the city's huge tourism potential and rebounding property market. Mr Ho, whose son Lawrence is in a Macau casino joint venture with James Packer, has seen the explosion of Asian-based developers buying sites on the glitter strip, with plans for residential and hotel developments over the next three years that will be worth about $3 billion. Mr Ho's legal representative, Hickey Lawyers' Tony Hickey, said the Ho family was proceeding because of rapidly growing Chinese tourism to the Gold Coast, coupled with significant infrastructure expenditure, from transport to education, and the positive influence of hosting the Commonwealth Games in "The Ho family is proceeding with the development because they see it is the right time," Mr Hickey said. "There is an upturn in tourism, particularly from China, and the family is very attuned with the opportunities, especially from new aeroplane flights from Asia into the city." International tourism numbers to the Gold Coast jumped 52,000 to 872,000 in the 12 months to September. Chinese tourists to Australia in 2015 reached 910,892, up nearly 20 per cent on Carriers such as Hong Kong Airlines and Wuhan Airlines have started flying to the city and the demand for serviced apartments is growing rapidly. Chinese developers such as Wanda kicked off the investment with the $900 million Jewel apartments at Broadbeach, while China's Forise has been given approval to build a $1.2 billion, 88-level tower in the heart of Surfers Paradise, starting in January. Colliers International's Darrell Irwin said the investment by Asia-backed developers had been driven by the growth in tourism. "For them the Gold Coast is such a logical place the clean air, the beaches and especially the low Australian dollar. "I think these developers will also take the Gold Coast's accommodation to a whole new level. Some of the hotels here are a bit tired." SQM Research's Louis Christopher, who repeatedly predicted the boom in Sydney's house prices, is forecasting Gold Coast residential property prices to increase 11 per cent in 2016.

16 Jewel positions the Gold Coast as Australia s new hot spot for growth Eugenia Lee September 15, 2015 Surfer s Paradise will be home to one of Australia s largest residential and hotel developments by Jewel will be the first five-star beachfront residential resort on the Gold Coast in more than 30 years, offering premium accommodation, dining, retail, and recreational experiences. As part of a one billion dollar joint venture between China s Dalian Wanda Group and Ridong Group, the lavish triple-towered project, designed to look like crystal jewels on the Gold Coast horizon, is set to add a new glimmer to the local economy ahead of the Commonwealth Games in 2018, bolstering tourism and attracting a fresh wave of investors and clientele from overseas. Domain s Senior economist Dr Andrew Wilson says such developments are positive for the local economy and it comes as no surprise that the popular haunt for surfers and tourists is seeing such growth. New developments on the Gold Coast are expected to attract economic growth in the area ahead of the Commonwealth Games in The Gold Coast has been one of the fastest-growing housing markets in South East Queensland over the past year, he says. One of the key drivers of the Gold Coast economy at the moment is construction. Infrastructure as I mentioned but also residential developments is pushing ahead, and that creates jobs, it creates demand, and of course that s all part of an activation of the local economy. Wanda Ridong sales and marketing director Andrew Bampton says the development will create about 2500 jobs, which is welcome news as the Gold Coast continues to have one of the lowest regional unemployment rates. Jewel on the Gold Coast will provide a mix of accommodation, dining, retail, and recreational experiences.

17 Queensland is once again creating jobs and that s good for property- MICHAEL MATUSIK 12 th February 2014 Queensland is once again creating jobs. And yes, more full-time positions would be welcomed. Job creation is vital for a healthy real estate market. But where are jobs in Queensland being created? It is no accident that residential markets improve where the new jobs are. My comments: Whilst Brisbane holds the lion s share of employment in Queensland, substantial numbers are employed in regional centres & on both the Gold and Sunshine Coasts. 308,000 are employed on the Gold Coast; 240,000 across central Queensland and about 180,000 on the Sunshine Coast & also west of Ipswich. Close to 45,000 new jobs were created across Queensland over the last 12 months. Some regions are winners, others losers. The big winner is the Sunshine Coast (yes the Sunny Coast) with 26,000 new jobs during Other winners include central Queensland that s Mackay/Rockhampton/Gladstone & the inland municipalities (surprised hey see not everything is doom & gloom in Queensland s resource regions) Brisbane City; Logan plus Redlands and another surprise for many, the Gold Coast. The Sunshine Coast has always struggled as an employment force in Queensland. It lacked an economy of scale & also a major 21st Century employment driver. The Kawana Health hub & associated education infrastructure has now changed this. The Sunshine Coast has a new pulse point and with it is creating a hell of a lot of jobs. Some of these jobs might go away once construction slows down, but most should remain. The CEO of the Innovation Centre on the Sunshine Coast recently told me that over 40 new start-up Sunshine Coast businesses have commenced trade in the last three months alone. Central Queensland is also creating jobs and the chart shows that job numbers across this part of Queensland have been growing since early Ditto for Brisbane. The Gold Coast is more cyclical, but is back to its longer term volume. It sometimes pays to not read the daily newspapers. To repeat, job growth means strong residential markets. We spend a lot of time looking into employment when assessing an area s or new project s potential. Without a solid quorum of existing employment plus consistent new job growth there is really little chance of sustainable price or rental growth.

18 Sydney 'close to peak' and South East QLD to boom next 3 years: McGrath / Symond Nick Lenaghan August 10, 2015 Real Estate Moguls John McGrath and John Symond have declared the Sydney property market "close to peak". Real estate kings John Symond and John McGrath says Sydney prices are going to plateau and "South East Queensland the hottest market for the next 3 years". McGrath's Monday report for its Sydney weekend clearance rate was 80 per cent, and while this was a "stronger property market" indicator, Mr McGrath said the Sydney and Melbourne markets were 80 to 90 per cent through their cycle. "I'd be concerned if Sydney sees another double-digit growth. I'm predicting 3 to 5 per cent more and then I think it's going to be plateauing. Melbourne is probably about the same," he said at the Aussie Home Loans conference in Melbourne on Monday. "The rest of Australia much of it is preparing for its next growth cycle. South-East Queensland is going to be the hottest market for the next three years. Perth is just totally depending on resources. "I wouldn't panic about the market. Sydney has got a few per cent more, then it might come back a few per cent and then it will go to a steady state and ditto for Melbourne." Aussie Home Loans' John Symond backed the same outlook. "I think it will fall out over the next six to 12 months, where you might see 4 to 5 per cent [rise] in some areas, no increase in other areas."and then it will just flatten out for a few years. That's Melbourne. I think Sydney is heading to the same place," he said. But other developers and real estate agents have responded to the possible slowdown of the Sydney and Melbourne property markets with a resounding "What cooling?" The chairman of Meriton Apartments, Harry Triguboff, said his apartment market had weakened in April but recovered in June and was now "very strong." He added Meriton is "mostly lifting prices." Mirvac boss Susan Lloyd-Hurwitz said: "We certainly are pedalling as hard as we can right now. But it is cyclical, so we do recognise that there are cycles and certainly the Sydney market has to be towards the top of its cycle by any measure that you would care to look at."