Craig

So tell us a little bit about the investors.

They're about, what, 50% of the people that are buying into your area?

it is a real estate thursday we are on the beach in surface paradise with josh this morning josh i want to talk about the the building which is definitely on the rise it's something that has absolutely been going gangbusters some of these rather larger developers are operating there on the gold coast there's this huge emphasis on luxury lifestyle

Just how busy have you seen that over the last 12 months and some of the transactions that you're dealing with?

One of the things that used to take place, and this is pre-COVID, people living in Brisbane, many of them decided, well, we like the lifestyle of the Gold Coast.

Why don't we do the commute?

Because if we sell up in Brisbane, boy, we are banking a lot of money.

That's kind of changed.

You know, just as these prices have been skyrocketing, is it still a factor?

Because we know that in reverse, you've got Brisbane just down the road.

It's not that far away from the Gold Coast, and that is a bit of an appetite for people.

You're still seeing these people selling up in Brisbane and making the move given the price now has really tightened up?

How long have you been living, Josh, on the Gold Coast?

Apologies to all of you in Newcastle this morning.

I'm sure he doesn't mean that to you, Josh.

Nice save.

All right, well, great to catch up with you and find out just what is happening at the start of February there in Surface Paradise and the Gold Coast.

Enjoy your Thursday.

Thanks very much for coming on to the Real Estate Breakfast this morning.

Thanks, Craig.