Issuu on Google+

Investing in Real Estate on the Gold Coast Australia Within 50 years, we have seen significant growth on the Gold Coast in Australia. The small beach side tourist destination that was only a favorite beach escape on holidays has become the sixth largest city in the country. South East Queensland is a booming area and with Gold Coast at the center of it, it has benefited with it and grown together with the rest of the developing area. The 42 kilometer shoreline provides tourists fantastic spots to have a perfect view of the vast Pacific. Being a tourist destination, Hotels, apartments and other high rise residential building offer dwellings for the expanding resident population as well as tourists who frequent the place. The sophisticated locale which contains classy beach resorts and rental dwellings provide not only relaxing but sophisticated lifestyle to its permanent and temporary residents though is beachfronts, surfing opportunities, and highly accessible urban facilities. If you are thinking about real estate investment in Australia, you can never go wrong with Gold Coast. It is a booming center at present and still continues to boom and provide fantastic investment opportunities to real estate investors. Gold Coast’s growth rate increases at approximately 6-8 percent annually and with its current population of 527,000, it is estimated to reach 1 million by 2050. Being a holiday destination, Gold Coast has long been a favorite spot for real estate investors. Both commercial and residential properties are favored in this area because business has become diversely competitive, there is an excellent employment rate, and most of all it provides easy transportation access to Brisbane. The rise in population alone makes Gold Coast an ideal spot for wonderful real estate opportunities for investors. As with the population growth, there is an on-going demand for new houses to be built every year. There also has been a housing shortage experience and the prices of the properties go up with it. There should be a good rate of housing facilities to be built each year to accommodate the growing population which usually includes young families, retired citizens, business people, students and others who look for quality dwelling. Gold Coast is known to having the fantastic qualities of a location for real estate investment. All an investor needs is a little help from financial advisors who can assist with the planning and also the investor’s patience and dedication in doing good and sufficient research on real estate investment. With that, there would be no fear of financial crisis. Although anyone can enter real estate investment, everyone who wishes to gain income through this should be well prepared for all the benefits that can be gained as well as the risks of failure. Practically anything can go wrong. Real estate investment is not an exemption. Therefore, one who wishes to enter real estate investment should have a detailed information of why, where, what, and how to get into a real estate investment in the beautiful Gold Coast. Also, you should never forget and underestimate the need to look for the “who” you should ask help from. Most of the successes in real estate investment give much credit on the people they choose to work with and ask advices from. Gold Coast not only attracts immigrants and tourists but it also attracts business investors. That’s why there exists an ever growing building of new infrastructures that helps the current and potential residents have an easier, more convenient, and elevated way of life. Not only that the area has become an excellent spot for residential property investment but also for commercial properties. It also has become a nesting ground for establishing new businesses because it also promises commercial growth. The population expands up to 12,000 new residents per year. If you are going to examine the population growth since 1990’s you will be able to see that the number of new dwellers has been consistently growing. There is an on-going demand for new houses and other types of accommodation units such as apartments, condominiums, beach houses, waterfront dwellings, villas, and even opportunities to live in a slightly laid back way of life in the rural areas. For a real estate investor, there is a wide variety of property types to choose from. There are basically a lot of property types to suit al lifestyle. Investors can choose from any type and be provided with significant returns. Basing on the investor’s financial capacity and financial goal, any type of property can be acquired and be assured of sufficient cash flow and capital gain within a period of time. Students and new families choose Gold Coast for quality living and employment opportunities. There are schools and universities that provide quality education to locals and foreigners alike so there is an assurance of a better future in a better locale. It is also near Brisbane so it is an ideal place to live if residents prefer to work in the capital city. Another plus in choosing Gold Coast for residence is that nature is you neighbor. Therefore, it is a place where the amenities and facilities of metropolitan area are present but with a relaxing and calming natural environment. It offers a lot of outdoor activities that if not, can seldom be experienced in the overcrowded and noisy metros. As compared to the capital cities, Gold Coast has lower tax and local property rates. Rental properties are in demand. It is a holiday destination so there is a consistent flow of tourists and holiday-ers. A real estate investor can invest in just any type of rental dwelling and enjoy the average rental proceeds that could be $320 per week.

National Solutions Group: Investing In Real Property - Head Office 5 Capital Place, Birtinya QLD 4575

T (07)

5438 8005, http://www.nsg.org.au/


Gold Coast also opens to foreign investors that are attracted to the vibrant and consistently developing state of the region. One reason why foreign investors are recognized is because they help develop the local industry, offer more business opportunities, employment, and revenue for the current and future residents of the Coast. Population growth is consistent, residential demands are growing, businesses and commercial opportunities are developing, facilities are expanding. That means only one thing; Gold Coast still continues to grow. And with its momentum, there seems to be no other way but to go forward.

National Solutions Group: Investing In Real Property - Head Office 5 Capital Place, Birtinya QLD 4575

T (07)

5438 8005, http://www.nsg.org.au/


What To Consider When Investing In a Property