The Gold Coast could become the 5th largest city in Australia behind Sydney, Melbourne, Brisbane and Perth, due to interstate migration. The population is expected to double by 2050 to 1.2 million thanks to record interstate migration, unprecedented birth rates and nation’s lowest death rate.
As featured in a Gold Coast Bulletin article on July 24 2009, social demographer, Mark McCrindle, said the Coast with 630,000 people could eventually overtake Adelaide. He says based on the current growth rate, the nation’s population will more than doubled to over 44 million by mid-century. Mr McCrindle says more people are moving to Queensland than any other state and most were settling in the South East.
Mr McCrindle believes there is a ‘perfect storm’ of factors leading to growth. “The Gold Coast is Australia’s sixth biggest city in Australia’s fastest-growing state,” he said. While most of the growth could be attributed to migration, there had also been a shift in the way society viewed having children. The current birth rate of 1.94 babies per woman had risen from 2001’s 1.7, which has created a ‘mini baby boom’ as women having children decided to have one more.
McCrindle also says the national death rate had fallen to its lowest at 6.03 per 1000. This had created a situation in Queensland where births were equally replacing deaths.
Nirvana By the Sea on the Kirra foreshore has opened its Display Apartment, giving visitors the opportunity to experience the best Vantage point the Southern Coast has to offer.
The luxury fit-out of designer pieces has been created to provide guests to with a unique experience showcasing the new lifestyle that this five-star development will offer when it officially opens.
The Sales Office is open daily and tours of the Display Apartment can be made with the Niecon sales team.
Niecon Ambassador Best Selling author Tara Moss will make a special visit to the Gold Coast during her upcoming world tour to visit The Oracle.
As Australia’s leasing crime writer launches her new Sensation “Siren” she will make a special trip to the Gold Coast to launch the latest book in her crime fighting series - which is expected to be another world-wide hit.
While in town, she will make a special visit to her favourite Queensland destination and view the progress on the construction of the multi-million Broadbeach development which is now making an impressive statement on the Gold Coast skyline.
As one of Australia’s hottest celebrities, Tara takes time out of her whirlwind schedule to make regular visits to the Coast to visit Niecon’s developments at Coolangatta, Kirra and Broadbeach.
Niecon Developments has put its weight behind the region’s media, giving major support to the annual Gold Coast Media Awards.
As one of the major sponsors of the prestigious Awards, Niecon has been a major supporter for several years and this year sponsored three categories at the Gala Presentation Evening.
Niecon CEO, Con Nikiforides said that regional media need to be recognised for their incredible efforts and the awards provided an industry platform for stars to be applauded amongst their peers.
“We have some amazing talent and it is a privilege to be able to support the awards and each of these dedicated individual finalists,” Mr Nikiforides said.
Best Print Story was sponsored by The Oracle and was won by Geoff Chambers from the Gold Coast Bulletin.
Best Newspaper Feature Story was presented by Nirvana By the Sea was won by Katie Miller from the Gold Coast Bulletin.
Best Print Business or Finance Story presented by Niecon was won by Shannon Willoughby from the Gold Coast Bulletin.
Mr Nikiforides said all of Niecon’s projects has been primarily sold to locals and therefore it was an important part of being a corporate citizen to give back to the region when opportunities arise.
Since its inception, Niecon Developments has prided itself on supporting a vast variety of community groups, charities and sporting associations each year on the Coast and Tweed areas.
Niecon Ambassador, international best-selling author and media celebrity Tara Moss, recently visited the Gold Coast for a photo shoot for The Oracle and took in the sights of Australia’s tourism capital.
shot on location at savvy Aria Homewares, upmarket Maryons Shoes and award-winning Queensland restaurant, Absynthe, the glamourous face of Niecon was ushered round in the latest Aston Martin DB9 from Sunshine Aston Martin. The sensational shots taken by leading Australian photographer George Favios will be featured around the globe for The Oracle campaign. This internationally striking Broadbeach development is hitting the headlines in both apartment sales and the fashion stakes!
A report recently released by ANZ Bank says economic growth in 2009 will be slow, however the ongoing government stimulus programs and improving Chinese demand will help the economy to move forward. The Australian economy has performed one the best global economies and has avoided a technical recession thus far. The global economy seems to have stabilized now and the recovery is expected to be slow.
The Australian housing market has performed exceptionally better than other developed countries. RP Data finds that there has been no change to house prices, while Residex reports a 1.2% slump for the year to May 2009. With Interest rates at 30 year lows and first home buyer assistance from the government, there are signs of upward price movement.
The ANZ report says that the Australian housing market will be tested on a number of the following factors in the medium term.
# Housing Affordability will test record highs because of government stimulus at both federal and state level as well as low interest rates, which may even be cut further. The market will be tested by home ‘upgraders’ (those that are buying their 2nd or 3rd property) and property investors looking to escape the volatile share market and take advantage of the great buying conditions.
# Population growth is at its highest levels in 40 years. This high population growth is creating a high demand on dwellings which has consequently been proved by very low vacancy rates. Renters are seeing home ownership as a secure and stable option.
# Housing Supply – There has been a slow down in the development of new housing due to a subdued market, financing difficulties, and higher development costs. With a decrease in supply, prices tend to rise.
ANZ state, “We expect dwelling prices to edge higher for much of the remainder of 2009 with upside risk presenting from intensification of strong fundamentals, a shift in price expectations and a restoration in market confidence.
Oracle Broadbeach New apartments for sale