The Coast’s median house price is expected to hit $690,000 by 2021.THE Gold Coast’s median house price is expected to hit $690,000 by June, 2021, a new report reveals.The QBE Australian Housing Outlook 2018-2021, which provides a snapshot of the country’s property market, reveals the Gold Coast continues to record steady property price rises. The rental market has proven resilient to the increase of new rental stock and the fall in demand following the Commonwealth Games.The REIQ Residential Vacancy Rate report for the September quarter showed Gold Coast vacancies tightened from two per cent in June to 1.7 per cent in September.Median rents for all properties except one-bedroom units have trended upwards for the past year. More from news02:37International architect Desmond Brooks selling luxury beach villa14 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days agoHouse price growth is expected to remain moderate in the next three years, averaging two per cent each year.Unit price growth on the Gold Coast is expected to be slower at 0.8 per cent per year.“Work on a number of major accommodation projects and the development of Westfield Coomera will help to sustain local economic activity, although this will be lower than that of the years leading into the Commonwealth Games,” the report states.CoreLogic data reveals the median house price on the Coast is $650,000 to June, 2018. MORE NEWS: ‘Floating penthouses’ lure big bucks from overseas House price growth is expected to remain moderate. MORE NEWS: Gold Coast Monopoly board launches The Gold Coast’s median house price is expected to reach a new height by 2021. The median house price on the Gold Coast is $650,000. The former Commonwealth Games Athletes Village will add about 1200 units and townhouses to the Gold Coast property market.The median rent for a house was $550 while a unit was $420, according to CoreLogic.The REIQ report revealed the upcoming release of the Commonwealth Athletes Village to the rental market would add about 1200 units and townhouses, or 1.6 per cent additional stock which would likely help ease the tight market conditions.Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:58Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:58 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD576p576p360p360p216p216pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenWhy location is everything in real estate01:59
On its Facebook wall, AS Roma has published a heart-melting story from December that certainly cannot leave anyone indifferent.Roma organized a prize draw, and the main prize was a trip to Torino for a match against Juventus on December 22nd, accompanied by socialization event with AS Roma players.The award was given to a blind girl named Michaela, and Roma shared her story with the whole world and Michaela’s sister recorded all the moments in Turin, and particularly emotional was the meeting with the players.Michaela met all Rome players before the game and she was particularly thrilled when the legendary captain Francesco Totti and Edin Dzeko approached to meet her.How the meeting went can be seen in the video below.