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MARKET UPDATE – THE DEATH OF THE GOLD COAST?

The Death of the Gold Coast?

In deciding where to buy real estate the old saying of location, location, location applies in very instance.  I’ve lost count of the number of times I’ve seen starry-eyed First Home Buyers fall in love with a fully fitted kitchen with “soft-close” drawers, shiny glass-filled bathrooms and an immaculately groomed lawn and outdoor area.

What they fail to realise is that those things can be made, built and reproduced almost anywhere.  Buying the cheapest block of land so that they can “afford” the luxury fittings and fixtures in the home of their dreams is a recipe for disaster.  All the “shiny things” fade when the west facing block of land on a roundabout has them frying in the heat and going barking mad in the noise every single day.

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