http://www.redroof.com.au/ RedRoof – Licensed Property Buyers Agent Articles http://www.redroof.com.au/?process=views/article.php&articleId=8317 http://www.redroof.com.au/?process=views/article.php&articleId=8317 INDUSTRY identity Andrew Bell believes the Gold Coast property market is likely to benefit on a range of fronts as a result of the Federal Budget released by the Rudd Government this week. Mr Bell, CEO of the Ray White Surfers Paradise Group, said the first home buyer market would continue as one of the most active segments on the Gold Coast with the extension of the First Home Owners Grant. However, Mr Bell said changes in tax benefits for... http://www.redroof.com.au/?process=views/article.php&articleId=8316 http://www.redroof.com.au/?process=views/article.php&articleId=8316 THIS year's Ekka will be the end of an era with plans to start a $3 billion redevelopment of the site as soon as the August show wraps up. The Royal National Agricultural and Industrial Association has selected developer Lend Lease to help it deliver a reinvigorated showgrounds which will open up the 22ha site at Bowen Hills year round. While final plans will now be worked on with Lend Lease, initial proposals are that it will house up to... http://www.redroof.com.au/?process=views/article.php&articleId=8315 http://www.redroof.com.au/?process=views/article.php&articleId=8315 BUILDING approvals have increased for the second quarter in a row, buoying hopes of a modest recovery in the housing sector. The figures were released on the same day interest rates were kept on hold. Queensland figures for new home approvals were up 7 per cent in the March quarter compared with the previous three months but still about 2500 dwellings fewer than the same time last year. Housing Industry of Australia chief economist Harley... http://www.redroof.com.au/?process=views/article.php&articleId=8314 http://www.redroof.com.au/?process=views/article.php&articleId=8314 INNER Brisbane rents are increasing at more than 10 per cent a year, with a downturn in new apartments expected to keep vacancies tight. DTZ Research has shown the biggest growth has been in one-bedroom units in the inner south and inner west suburbs of South Brisbane, West End and Indooroopilly, where rents have risen by up to 20 per cent. The median rent of a one-bedroom unit in the inner south is now $420 a week, only $10 less than the... http://www.redroof.com.au/?process=views/article.php&articleId=8313 http://www.redroof.com.au/?process=views/article.php&articleId=8313 THE housing market kept its head above water in the March quarter, as Australia was sinking into recession. Data released yesterday by two of the largest property research groups confirmed residential markets were stable nationally. Australian Property Monitors and RP Data were at odds as to whether house prices were up or down in Sydney and Brisbane, but they agreed the market had shown remarkable resilience. "Housing and unit... http://www.redroof.com.au/?process=views/article.php&articleId=8312 http://www.redroof.com.au/?process=views/article.php&articleId=8312 QUEENSLAND house prices fell by more than half a per cent in the March quarter, the fourth consecutive fall in value. Latest figures from Australian Property Monitors reveal a 6.1 per cent drop in median house prices in the year ending March 2009. It is the second worst performance in the country, behind Perth. The median price is now $414,909 - almost $30,000 below that in Melbourne. APM's March 2009 Quarter Housing Data report shows unit...