With the majority of real estate and property firms re-opening their doors this week in light of the New Year, including Development Ready, we take a look at what’s planned for 2017 and the growth drivers likely to impact the industry moving forward.
New Year, New Advancements
At a company level, Development Ready is rapidly growing into a full services property advertising portal with an existing presence in three States and a view toward becoming a National platform by years end. In the Victorian marketplace, we are fortunate to have developed strong relationships with agencies and their executives both in the commercial and residential spheres, consistently generating targeted leads and in a number of cases last year, outstripping enquiries from traditional advertising websites two-to-one.
In New South Wales, our Martin Street office has commenced operations and is currently working closely with both developers and agencies to offer intermediary services within the off-market sector in addition to marketing development opportunities to our constantly evolving database of some 6000+ subscribers.
Looking ahead to the Queensland marketplace, we have assigned two members of staff directly to grow our presence within the region and expand on a number of existing relationships with agencies both in the major metropolitan markets of Brisbane and Gold Coast, in addition to a number of major regional hubs across the board.
Commencing in the first quarter of 2017 is Development Ready’s new Investment Fund born out of numerous requests from investors to establish a diversified portfolio of Australian development opportunities that offer strong income potential and long-term capital growth prospects.
Embedded within this new fund will be an emphasis on sourcing, analysing and developing projects including land subdivisions, boutique townhouse and apartment sites as well as commercial / childcare investments.
As the interface and functionality of our portal undergo’s regular tweaks and adjustments to improve the overall customer experience, Development Ready is always seeking new advertising partners to offer our users more tailored services for their projects whilst concurrently offering advertisers increased exposure and subsequent leads to their businesses. Whether you operate an architectural firm or legal practice, our team regularly field requests from development firms seeking our recommendations as to who to work with - to capitalise on this, we strongly encourage you to reach out to our marketing department for a confidential discussion.
According to new research commissioned by ANZ, confidence within both the residential and commercial markets sits at all-time highs with Victoria, New South Wales and Queensland leading the pack.
The data gathered through an industry-led survey with over 1500 professionals highlights capital growth in all sectors of the market, business expansion and forward pipeline schedules as all increasing quarter-upon-quarter.
Gold Coast Growth
With the 2018 Commonwealth Games rapidly approaching, development activity in one of Australia’s most popular tourism hotspots continues to thrive.
The general trend within the greater Coast appears to be for smaller scale duplex and townhouse sites, with larger scale apartment projects either planned or under construction within Broadbeach, Main Beach and Surfers Paradise.
Our prediction is that this hive of activity will continue throughout the year as traditionally Melbourne and Sydney based developers seek greater return on investment in areas with increasing demand from couples relocating from Victoria and New South Wales as well as those making lifestyle changes from overseas.
To arrange a chat with the Development Ready team, please contact us on (03) 9631 5476 or [email protected]
Wishing all a successful 2017 campaign.
Image Courtesy: v2helicopters