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Prognosis for Gold Coast Not Good: Jobs. Falling house prices


Burnett

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Virtually all Gold Coast suburbs are expected to be job-loss hot spots, with Broadbeach, Surfers Paradise, Worongary, Coomera, Upper Coomera, Coolangatta, Parkwood, Gaven, Pacific Pines, Oxenford, Bonogin, Bilinga and Pacific Pines the worst affected.

 

Medium to high-risk suburbs include Arundel, Ashmore, Benowa, Biggera Waters, Broadbeach Waters, Bundall, Burleigh Heads, Carrara, Clear Island Waters, Coombabah, Main Beach, Currumbin, Hollywell, Labrador, Mermaid Beach, Merrimac, Mudgeeraba, Palm Beach, Paradise Point, Robina and Southport.

 

Source: Gold Coast Bulletin

 

Gold Coast hot spots for job losses - Realestate News - Gold Coast, QLD, Australia

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This is typical of economic situation all over.

Me and my wife made the decision we would put off our move for at least 18 months because of this. I think it would be fairly short sighted of us to move over when we have enough work at home, than risk a move to early and struggle for work. The visa situation has just forced our hand anyway.

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