Gold Coast Hot Spots??

I am going to the Gold Coast over the weekend and I will check it out for you. I believe that a definite cooling effect has been felt over the coast and it wasn’t winter. A bit of bad press recently about Gold Coast units, sharks selling off the plan making false predictions on returns etc. This always seems to be the indicator of the market overheating then rapidly cooling. However I will check it out and let you know how I see it. Feel free to e mail me direct if you want more precise info or if you want something checked out.
JTW

Batts71,
You probably need to jump on the internet and order a couple of very important Govt documents.

1. South East regional plan (state govt, Dept Natural resources)

2. Gold Coast City Councils Strategic development plan.

Both Documents will cost about $250 AUD each. The come with maps and lengthy written explanations. After reading them you will think that the author had english as a second language but you need to perseve and decode the bureaucratic double speak.

I actually found a tricky little deal by pouring over these documents for my area. Some people I know have bagged these plans as restrictive and the end of investment life as we know it.

It depends on your approach, at least all the plans are in the public domain. We can all have an equal chance of using our creative strategies now. Presently there is a bit of a scandal involving the G coast council you may not have been aware of, the CMC is getting involved etc. Not the time to be wearing white shoes if you know what I mean.

I think you will need to go to qld.gov.au on the internet. Our investment cycle appears to be ahead of the US by a couple of years. Things have cooled but there are alawys bargains if you look hard.What type of investment are you after ? houses? Units? Land? Commercial?

JTW