Gold Coast high-rise apartment owners hit with 'view tax' as …
Jul 25, 2024 · The move, dubbed by advocacy groups as a "view tax", hits high-rise apartment owners living on the 40th floor or above with a rate increase of up to 50 per cent.
Short-term rental prices likely to skyrocket on Gold Coast after ...
Jun 7, 2024 · As of May 2024, there were 11,430 short-term accommodation dwellings registered with City of Gold Coast. Tom Tate is encouraging residents to report short-term accommodation properties to the council.
Median Gold Coast rental prices soar to $850 a week for a house, …
Jan 14, 2024 · The median rent for a Gold Coast home in December was $850 a week and $680 for a unit, according to PropTrack data. Overall, the cost of renting on the Gold Coast increased by 7.1 per cent in the ...
The height of luxury: Why Gold Coast residents are being slugged …
Aug 2, 2024 · Gold Coast residents have been slugged with a “view tax” by the local council, with rates determined by a high-rise unit’s floor number. The higher the apartment, the bigger the rate increase with some unit owners copping a rise of up to 50 per cent.
Interstate buyers drive $600k rise in new Gold Coast apartment …
May 29, 2024 · The latest March quarter figures from Urbis show interstate investors have become the biggest driver of new apartment sales on the Gold Coast, with a 38 per cent share of the market.
Despite that the Gold Coast market has proven to be resilient, recovering from the dip and continuously growing in the past 10 years. • In the 12 months to 2021*, the property market in Gold Coast increased by 21.4% for house to $850,000 and by 15.8% for units to $535,000.
Gold Coast apartment prices hit record highs - Urban.com.au
Mar 24, 2024 · The Gold Coast Central precinct, which includes Southport-Labrador and stretches south to Burleigh Heads, remained the hotspot for development activity during the quarter with 20 of the 30 apartment projects available for sale located there.
Gold Coast apartment owners face unexpected ‘view tax’ in council rates …
Aug 2, 2024 · The introduction of this ‘view tax’ raises questions about fairness in local government taxation and its potential impact on the property market in the Gold Coast area.
Gold Coast apartments get smaller but demand and prices rise
Mar 17, 2021 · That’s the new recipe for success followed by apartment developers on the Gold Coast, where sales have started 2021 even stronger than they finished 2020.
Gold Coast council rates: Biggest hikes, what you need to know
Jul 24, 2024 · Unit owners in Gold Coast high rises have been slugged with monster rate rises – with as much as 50 per cent – leading to claims a controversial ‘view tax’ has been reinstated. Full details.