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Mortgage Elimination Secrets That You Should Know

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Mortgage Elimination According to Australian Bureau of Statistics, Australian households are increasingly getting over-indebted. Around 77% of these over-indebted households “lacked sufficient ‘liquid‘ assets to cover a quarter of the value of their debts.” This might not be an ideal situation, but it is a reality. Therefore, it is only wise to think of strategies that can help reduce the …

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Investing in Acorns

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When you save your acorns, you are often looking at budgeting, saving and investing with the intention that your acorns eventually grow into trees and provide you with an abundance of more acorns – or money as the case maybe. New cloud based mobile platform, Acorns, is helping investors to save and invest their spare change into share market portfolios. …

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Ease of Restrictions Make All Lenders Banks

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All lenders are now banks! Treasurer Scott Morrison’s recent announcement to ease up on legal requirements for lenders to call themselves banks is great news for those looking for property investment. The Big Four in banking held all the cards when it came to property loans, but now, all that’s changing. Lenders needed to have $50 million or more as …

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Sydney Investors Have Their Eyes on the Gold Coast

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Gold Coast has become preferable to Sydney and Melbourne – just ask investors in Sydney! They’ll tell you why they believe that the Goldie’s property market is the hottest right now. You can expect to hear the following: Gold Coast’s properties are not prohibitively expensive as those in the other two metropoles. Gold Coast’s rental yields are at 5-6% compared …

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Coomera Town Centre Picking Up Pace

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The Coomera Town Centre at the Foxwell Road site is starting to come up; if you drive past the site, you will see trucks and machinery laying the groundwork for the $1 billion dollar project. For now, work on the first stage has begun, with $500 million being pumped to construct cinemas, offices and a nightclub, all covering 61,000 sqm. …

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Griffith University Tied to Gold Coast’s Economic Growth

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Three months ago, the $16 million swimming pool complex at Griffith University earned high praise from Olympic star Libby Trickett. While the pool will host competition swimmers at next year’s Commonwealth Games, the bigger story is the university’s growing role in boosting economic growth and property prices in the Goldie. Griffith University lies in the $1 billion Health and Knowledge …

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Light Rail Reaches Stage 2

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Gold Coast Light Rail Stage 2 Stage 2 of GCLR is in full swing and expected to be operational in time for next year’s Commonwealth Games. This will be a 7.3 kilometer light rail link connecting Surfers Parad ise and Helensvale. This stage – costing $420 million – provides integrated public transport and convenient connectivity with heavy rail. Once the …

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Light Rail Affecting Property Prices

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Gold Coast Light Rail Stage 1 One of the most appreciated features of a region, city or suburb is the ease with which people can get around in public transport, a cheaper solution to owning a personal vehicle and/or an environment-friendly option for anyone committed to reducing their carbon footprint. Gold Coast has this aspect covered with its light rail …

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Tourism Growth = Capital Growth?

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Between 2015-2016, tourism grew three times faster than the Australian economy, according to the Deloitte Tourism and Hotel Market Outlook. How much did it contribute to the economy? AUD49.7bn or 2.9% of the total GDP in 2016, says World Travel & Tourism Council’s Travel & Tourism Economic Impact 2017 report. During the same time, the tourism industry directly accounted for …

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Will Chinese Investment Secure Gold Coast Housing Prices?

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The biggest development in themepark infrastructure announced late last year was the proposed $800 million theme park between Nerang River and Nerang train station. News about the cultural theme park – complete with music, dance and theatre – has been making the rounds not just for its expected boost for local tourism but also because it is being led by …