'Nervous' Gold Coast construction industry faces 'perfect storm', Master Builders warns

 While the "perfect storm" of rising building costs could impact the construction sector for the next two years and fuel already surging property prices, confidence among some in the Gold Coast industry remains firm. 

Building demand and supply chain issues have seen the cost of construction materials rise significantly in the past 12 months, with major firms including Condev and Probuild collapsing.

Regional manager for Master Builders Gold Coast Adam Profke said the industry was "fairly nervous".

"It's the perfect storm. We are still bracing for those prices to rise," he said.

Read More: https://www.abc.net.au/news/2022-04-01/gold-coast-construction-industry-under-perfect-storm-/100954738



Comments

Post a Comment

Popular posts from this blog

Guide to Investing in a Retail Franchise

Image
Investing in a retail franchise can be an exciting opportunity for those looking to enter the business world with a proven model. A guide to investing in a retail franchise helps potential investors understand the key steps involved, from researching and selecting the right franchise to evaluating its financial stability and growth potential. It also highlights the importance of understanding the franchise agreement, ongoing support, and initial investment costs. A successful retail franchise offers the advantage of an established brand, a loyal customer base, and a turnkey operation with training and marketing support. However, it’s crucial to assess market conditions, location, and the level of commitment required to ensure long-term success. With the right approach and thorough due diligence, investing in a retail franchise can be a rewarding business venture that provides a stable income and opportunities for growth in the retail sector. For further details:  https://www.franch...
Read more

Bond Cleaning Checklist: How To Ensure You Get Your Full Deposit Back

Image
A comprehensive bond cleaning checklist is your ultimate guide to ensuring you get your full deposit back when vacating a rental property. This guide outlines all essential tasks, from scrubbing kitchen appliances and degreasing ovens to removing stubborn bathroom stains and polishing mirrors. It emphasizes the importance of vacuuming carpets, wiping down skirting boards, and cleaning windows for a spotless finish. Don’t overlook details like clearing cobwebs, sanitizing light switches, and mopping floors. Focus on high-traffic areas, ensuring every corner meets the landlord’s expectations. Address outdoor spaces by mowing lawns, sweeping patios, and tidying garden beds if applicable. A thorough inspection against this checklist helps identify overlooked areas, giving you confidence in passing the final property inspection. Following this step-by-step guide not only makes the process stress-free but also secures the return of your bond money, making it a must-have resource for tenants....
Read more

What Makes Shopping Centre Investment Highly Rewarding?

Image
Investing in shopping centers can be highly rewarding for several reasons. Firstly, shopping centers provide a steady stream of rental income from tenants, which often includes long-term leases with major retailers and brands, ensuring consistent cash flow. Additionally, these properties tend to appreciate in value over time, especially in high-traffic areas with strong consumer demand. Shopping centers also benefit from diversification, as they typically house a variety of tenants, reducing the risk associated with vacancy. Another advantage is the potential for capital growth through redevelopment or upgrades, enhancing the property’s value and appeal to new tenants. Furthermore, shopping centers often attract loyal customer bases, contributing to higher foot traffic and long-term business sustainability. With effective management, shopping center investments offer long-term stability and resilience, making them a preferred choice for those seeking a rewarding and low-risk investment...
Read more