Colleen Coyne Property Research Pty Limited (CCPR) specialises in project-specific research. We go beyond the raw data to analyse and interpret the dynamics driving property markets. We bring over forty years of experience in understanding both residential and commercial markets across Australia to this process. Our reports are tailor-made to assist our clients in their decision-making.
We have worked extensively in Sydney’s growth corridors (South West Sydney, the Central Coast, the Lower Hunter and South Coast/Illawarra) and in South East Queensland, particularly the Gold Coast, Tweed and Scenic Rim. While we operate across all market sectors, we have a strong knowledge base relating to coastal properties and lifestyle properties such as waterfront and golf course estates.
UDIA (Qld) WID Award
In 2011, I was proud to be awarded the UDIA (Qld)'s Women in Development Excellence Award for Industry Support Services. I consider this was recognition of my career over decades in property research. During this time, I have been able to contribute to the industry through my publications, my mentoring of younger researchers and my consulting work for our mainly development company clients.
Our current newsletter focuses on the tourism sector, which is known for its volatility. It provides data on the global, Australian, Queensland and Gold Coast tourism markets, including the tourism accommodation markets. Compared with the upswing in new hotel construction nationally, the Gold Coast has seen limited new hotel rooms opened over the past 18 months. There are now four properties with 887 rooms/suites under construction for completion in 2020. The Star Gold Coast site also has two new hotels planned for completion in 2022 and 2024 - see image below. This is apart from holiday accommodation that might emerge as a result of the upsurge in new apartment complexes under construction. Nevertheless, the Gold Coast's tourism industry is doing well in the wake of the Commonwealth Games held here in April 2018. There are however ongoing challenges to address the constant need for renewal and new attractions.
Artist’s impression of The Star Residences and Dorset Hotel, under construction,
and the Epsilon tower on the right, at Broadbeach (courtesy Destination Gold Coast Consortium)