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.
Over recent years, 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, Winners and Losers in the Residential Market, builds on our June 2020 newsletter, Seeking to Look Beyond COVID-19. Since June, more detailed information has become available on Australia's population forecasts and housing market outlook. While metropolitan inner city areas, historically dependent upon international students, are among the losers, regional areas, such as the Gold Coast, are likely to be among the winners in the post-pandemic world. Unlike southern state metropolitan areas, the Gold Coast residential market is showing some resilience, notably in the $1 million plus market. The newsletter provides an analysis of Gold Coast $1 million sales from July 2019 to date.
Opportunities to own a beachfront house (or one in close proximity to the beach) are rare in the southern Gold Coast, especially at Coolangatta. One developer who has addressed this scarcity is Sherpa Property Group, for example with its four houses at 237 Golden Four Drive, Bilinga. A much larger project of 16 detached freehold houses is being marketed within 100 metres of Greenmount Beach. Located opposite the Jack Evans Boat Harbour, Freedom Rainbow Bay has been marketed since mid-2020, at prices from around $1.4 to $2.1 million. Only a handful remain for sale. See image below.
Artist’s impression of a house at Freedom Rainbow Bay
(image courtesy of the Sherpa Property Group)