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Queensland set for "abrupt slowdown" following Commonwealth Games

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Your Investment Property | 17 Jun 2016, 08:28 AM Agree 0
It has breathed life into areas of south east Queensland, but a post-Commonwealth Games slowdown has been predicted to bring the current growth cycle in the Sunshine State to a grinding halt
  • Rob struthers | 20 Jun 2016, 07:30 PM Agree 0
    What a load of rubbish!!!! The northern end of the gold coast is bouncing along nicely and has alot going on beyond the commonwealth games!!!! Mayor tom tate is doing some great things up here!!!
    What are the key drivers behind growth???
    Infrastructure / employment / transport/ schools / hospitals / diverse industries and migration.
    So how can any so called property reporter stipulate that the gold coast will slump post commonwealth games!!!!
    The coast has alot of major projects that arnt associated with the games, we have the biggest and most advanced university hospital, the proposed westfield shopping centre biggest of its kind in Australia at coomera with a man made beach, upgraded fly over bridges / roads and railway station, stage 2 light rail at helensvale and proposed water ski park at oxenford.
    Last year choice homes built more homes in the north than Clarendon homes did in sydney??
    I came from western sydney and seen farms turned into factories, housing estates and freeways in 15 years, and price growth of around 300% plus, now out there they dont have 20 to 30 min drive to sydney or the beach like you do in the northern gold coast, it is a growth coridor a blind man can see!!!, so why label the gold coast as a whole because all markets are different in suburbs and states etc!!!
    • Phil McCarroll | 21 Jun 2016, 07:37 AM Agree 0
      Just to clarify one point, the reporter who wrote this article is not the one making any claims about the health or otherwise of the Queensland property market. That is the opinion of a member of real estate industry in the state.
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