first_imgMore from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North10 hours ago02:37International architect Desmond Brooks selling luxury beach villa1 day agoThe Oracle penthouse at Broadbeach is on the rental market for $3000 per week.The report noted that a lack of affordable housing in the country’s big cities was forcing people to turn to renting instead of buying a home.Harcourts Coastal property manager Brent Martens said he wasn’t surprised that so many Gold Coast postcodes made the national list.“It’s just the lifestyle that the Gold Coast offers,” he said.“We’ve got the beach on our doorstep and plenty of new shops and cafes up here.” This Isle of Capri property is available for rent for $4,000 per week.Housing and Public Works Minister Mick de Brenni said given that one third of Queenslanders rented, it was essential they felt secure and supported to stand up for their rights.“We are considering a variety of measures to ensure Queenslanders have confidence in a fair rental sector, including greater flexibility of tenure, cheaper rent options, greater ability to respond to tenant breaches and more freedom for tenants to treat the property as their home,” he said. The Oracle penthouse at Broadbeach is on the rental market for $3000 per week.The report credits the Coast’s beachside lifestyle and strong, job-creating economy with being particularly attractive to young people.“The upcoming Commonwealth Games and the new light rail are also attracting more people to the area,” the report stated.“The huge demand from renters on the Gold Coast supports further property investment as well more development, but increased development needs to be well thought out to avoid oversupply in the future.” Eight Gold Coast postcodes top the national REA Group Property Demand Index.IT’S official. The Gold Coast is the hottest rental market in the country with eight local postcodes topping the national REA Group Property Demand Index.Released today, the index also names Queensland’s top postcodes for renters with Gold Coast suburbs scoring all 10 spots.Kirra topped the list, followed by Tugun, Miami, Reedy Creek and Bilinga.Rounding out the top 10 were Merrimac, Mermaid Waters, Burleigh Waters, Clear Island Waters and Coolangatta.center_img You can rent 3137 Riverleigh Drive, Hope Island for $3500 per week.Mr Martens said rentals were being snapped up within hours of hitting the market and up to 30 groups were inspecting each property.It comes as the State Government puts out a call for tenants to stand up for their rights after the Unsettled — Life in Australia’s private rental market report revealed more than half of tenants across the country did not exercise their rights from fear of being black-listed, having their rent increased or being evicted.Ray White Surfers Paradise Group CEO Andrew Bell said the Coast needed to move away from a tenant verses landlord mentality.“At the end of the day, tenants need landlords to buy properties for them to rent, and if there’s ever an imbalance then a separate set of hardship problems would come along,” he said.“I’m all for a balanced situation. It can’t be one-sided or in favour of one or the other.” This Isle of Capri property is available for rent for $4,000 per week.last_img

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