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THE Robina area has been one of the most active on the Gold Coast, in terms of both new apartment sales and resales in the period from 2002 to the end of 2008, according to research just released.

Colliers International Research manager Lynda Campbell said an in-depth survey of all sales and also the capital appreciation of resale apartments in the overall Robina area showed that it had performed extremely well.

Colliers’ Research revealed that between 2002 and the end of 2008 there were 1313 off-the-plan sales of new apartments in Robina and Varsity Lakes.

In the same period there were an estimated 250 resales.

Robina Land Corporation, through its apartment development arm, RLC Homes, was a prolific developer in the area during this period.

Ms Campbell said one of the interesting findings of the research was the increasing values of apartments in the Robina area.

>>>>  Lure of Robina is stronger than ever – Realestate News – Gold Coast, QLD, Australia.

A RESURGENCE in the Gold Coast property market has been tipped by one of Australia’s leading property commentators, Michael Matusik.

Mr Matusik last night anticipated further falls in interest rates in what he says will be a brighter year — holding both the broader Gold Coast market and the Labrador-Southport precinct in good stead.

>>>> Brighter property outlook tipped – Realestate News – Gold Coast, QLD, Australia.

New home sales have posted gains for the second month running, as buyers warmed to lower interest rates and more generous government grants.

Total new home sales grew by 3.9% in February, following an 8.6% increase in December, the Housing Industry Association said.

Read more >>>  Low_rates,_grants_spur_new_home_sales – Property News @ Domain.com.au.

Australia’s house prices will hold up better than those overseas, despite the slumping economy, the Reserve Bank said, largely because of the quality of the loans underpinning the market.

“We continue to believe that the market here will hold up better than overseas, RBA deputy governor Ric Battellino said in a speech to the Urban Development Institute of Australia in Brisbane.

Full Story >>>  Your_house_is_safe,_RBA_says – Property News @ Domain.com.au.

Australia has about 1.6 million individual residential property investors, according to the Australian Taxation Office – and most of them would be pretty happy.

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