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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?

In Property by eqc0 Comments

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 …

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Giddy’ Up Gold Coast Cruise Terminal

In Property by eqc0 Comments

Looks like there is no stopping the cruise ship terminal now that the federal government has given the project a thumbs-up. Set to strengthen Gold Coast’s reputation as a desirable tourist destination (not that the meter-maids haven’t already contributed to this) more importantly it becomes a city to do business in. Already, Gold Coast has recorded an annual growth rate …

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Southport Gaining Traction

In Property by eqc0 Comments

As the Gold Coast’s Central Business District, Southport has a reputation as a dynamic hub of business, investment and an enviable coastal lifestyle. Since its designation as a Priority Development Area four years ago, proposed developments in the area have surged to the tune of over $13 billion. It was lights – camera -action as The New York Film Academy …

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Commonwealth Games

In Property by eqc0 Comments

The upcoming Commonwealth Games has been the single biggest factor for the economic boom and massive investment in the Gold Coast. And if we had a dollar for every time someone hypothesised on its impact on property prices, well… we would be reinvesting it back into the area! The whopping $13 billion in property investment is slowly becoming evident as …