Surfers Paradise is a popular tourist destination and perfect for those night owls who are looking to party until the early hours of the morning. Surfers Paradise is the crown jewel of the Gold Coast, and its shores are lined with some of Australia’s tallest building, including Q1 Resort. Its beaches are famous for the golden sand and perfect waves.
There are changes coming to property law in Queensland from 1 August 2025 with the introduction of new requirements upon the seller of property when it comes to what disclosure they must make to a potential buyer, and what documentation they must provide before a contract of sale is entered into.
Helensvale is a well-connected suburb located on the northern end of the Gold Coast, with excellent public transport links to the coast’s beachside suburbs, as well as north to Brisbane. It is connected by the G:link Gold Coast Light Rail, as well as the train, and direct access to the M1 Motorway, so you can easily access the beaches or the city.
Hope Island is one of the Gold Coast’s most exclusive suburbs. Home to an enclave of exclusive housing estates, such as Sanctuary Cove and Hope Island Resort, with several world class golf courses meandering in between.
So you’ve spent countless weekends scouring the suburbs of Brisbane, or the Gold Coast for that perfect property and you think you’ve finally found ‘the one’ and are ready to put in an offer and sign a contract of sale. It’s right about now that you need to tap the brakes every so slightly. There’s no point rushing in and signing your name, as the entire conveyancing process will be dictated by this contract, so you want to make sure you’ve got it right before signing.
You only have to open a newspaper, turn on the TV, or do a quick Google search to see the latest news on the growth of property prices along the east coast. While Sydney is grabbing the headlines, more recently the Gold Coast has streaked ahead, with a huge growth in prices being attributed to the upcoming Commonwealth Games.
The most important part of the conveyancing process begins before you even sign the Contract of Sale for the property and it’s something many buyers fail to consider. It’s the simple task of reading the contract in detail and having it reviewed by your solicitor.
When purchasing a residential property in Queensland (other than at an auction), the standard contract of sale provides the buyer with a five day cooling-off period, during which time the buyer is free to cancel the contract at any time, for any reason, including a change of mind.
As soon as you sign that contract to buy a property there are a whole host of things that need to be done and considered. One of these things that is often overlooked, but really should be at the top of your to-do list is the issue of insurance.
If you’re considering buying a property in Queensland then you should be aware that under the standard contract of sale there is a clause for a pest & building inspection to be carried out on the property prior to settlement.
