Demand for Gold Coast homes to renovate is stronger than new home sales.
Posted
@ Jan 25th 2021 8:15am
- By AD Admin
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Demand for Gold Coast homes to renovate is stronger than new home sales.
There were 75,143 households apply for the $25,000 home grant under the Home-Builder scheme as at the end of December 2020, that’s nearly double Federal Treasury forecasts.
Gold Coast Builders are reporting an increase of around 20% to 25% and it’s a bit of a wait if you need renovations, and this is obviously putting pressure on property prices for existing homes.
There is also increasing demand from Buyers from interstate wanting to migrate particularly from Melbourne and Sydney, and with the demand on construction means plenty of work waiting for those people moving their families north.
