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.
In our current newsletter, we are Seeking to Look Beyond COVID-19, over the next six to 18 months. Property sectors that have done well over recent months include industrial and logistics, driven by ecommerce; supermarkets and online retailers. The nature of the office sector is changing, now that many companies accept that productivity can be as good working from home. There is evidence of a shift to suburban business parks.
The sectors most severely impacted by the restrictions associated with COVID-19 have been tourism, aviation, arts and entertainment and universities. Many shops, cafes and restaurants will not re-open.
On the Gold Coast, the impact on the residential markets has been mixed. One sign of this is residential vacancies, which jumped to 10% in May 2020 in Surfers Paradise, but remained low in many residential areas. In response to the concern that building activity would collapse in the second half of 2020, the Federal Government has introduced the HomeBuilder Stimulus scheme. Despite the real concern about the pipeline of construction work, on the Gold Coast, activity has continued over recent months on many significant infrastructure and residential apartment projects. Among the new projects that have successfully advanced its sales since March 2020 is the Serenity 4212 lifestyle estate at Helensvale (see image below). Its waterfront land, priced from $675,000 for lots of 500 to over 1,200 square metres, has received over 1,300 enquiries and presold 35% of its lots.
Artist’s impression of completed houses fronting Lake Serenity in the
Serenity 4212 master planned community at Helensvale on the Gold Coast (image courtesy of the Keylin Group)