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Could the Gold Coast property market dictate the State of Origin outcome?

first_imgREIQ Gold Coast zone chairman Andrew Henderson.“So now, it is NSW who is under performing,” he said.“A similar storyline could potentially exist when you examine property prices. “The NSW property market has long been dominant but during the past two years it has been the underdog Queensland’s time to shine.”More from news02:37International architect Desmond Brooks selling luxury beach villa11 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days agoThe median house price in Sydney sits at $830,000 while on the Gold Coast it is $625,000.Mr Henderson said that gap was narrowing as the market’s way of moving to “correct any errors”.“The Sydney property market is retreating while the Gold Coast market is heading forward,” he said. MORE NEWS: Price tag attached to Scott Prince’s palace The Gold Coast property market is thriving. Queensland for the win!IF the property market is a sign of what’s to come in this year’s State of Origin series, diehard Queensland fans could be about to score.The Blues and Maroons share a similar storyline to their state’s property markets when taking a look back through history.REIQ Gold Coast zone chairman Andrew Henderson has crunched the numbers ahead of the first game in this year’s series.He said NSW demolished Queensland before the highly competitive competition started, with Queensland winning just one series between 1956 and the birth of State of Origin.However, since the launch of the best-of-three series in 1982, Queensland has won 21 and NSW 14. MORE NEWS: What the interest rate cut means for the marketcenter_img Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:50Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:50 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD432p432p216p216p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenNRL stars tackling the property game00:50 “And when you put aside money for a minute and examine the quality of the lives of residents, it’s no wonder that a shift to the Gold Coast is an attractive proposition. “Who wants to sit in Sydney traffic for two hours a day when you can walk along the beach on the Gold Coast for two hours instead.“The Gold Coast alone recorded more than 5000 new residents arriving from Sydney during the past year, that means we needed to build an extra 2000 dwellings just to house the Blues supporters.”So could this be a sign of another Queensland win this year?last_img

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