GC hits $1m house median | Pacific Airshow is back | Endless Summer turns 60 | GC Local Election Poll | New beer taxes start today | The first human to get a computer-brain interface and heaps more!
GC hits $1m house median | Pacific Airshow is back | Endless Summer turns 60 | GC Local Election Poll | New beer taxes start today | The first human to get a computer-brain interface and heaps more!
Today’s newsletter is 1,185 words: 4.5 minute read.
Welcome to February 1 and the beginning of the last month of summer!
Thank goodness for that southerly..
That was a super hot and sticky few days on the GC💧
In today’s email:
*SPECIAL LOCAL ELECTION POLL*
$1 million house price median: Just cracked on the Gold Coast
The Pacific Airshow’s GC Comeback: Announcing its 2024 comeback
The Endless Summer: Epic surf movie turns 60 years old
Trending: Flexicar securing public space
Around The Web (Snippets): Light Rail Local Community funding now open, GCCC wages war on mozzies, Logan and GC City Council decommission Luscombe Weir, GABS Hottest 100 Beers, Japanese Government ditches floppy disks, The first human to get a Neuralink computer-brain interface and more!
Councillor’s Corner PLUS a Mayoral Candidate for 2024
Upcoming Events
🚨 Community notice: Queensland’s local government elections are on 16 March 2024.
Voting is compulsory, so get to know your division and keep up to date with more about the candidates in the running over the coming weeks👇
Weekend Weather and Surf
Live Gold Coast Housing Price Index
1. One Big Thing: Gold Coast Real Estate Hits $1m Median Milestone
What’s Happening
The Gold Coast real estate market hit the exclusive million-dollar median club for the first time, reflecting the area's growing appeal and market strength.
Why It Matters
Crossing the million-dollar threshold marks a new era for Gold Coast property, highlighting its desirability and status in the Australian real estate market.
The city appears to follow very closely in the footsteps of big brother Brisbane up the road, given they only hit the $1 million median mark 18 months ago in 2022.
By the Numbers
$1,030,000: New median house price on the Gold Coast.
8.4%: The growth in median house prices over the past year.
$705,000: Is the median price for units, a 10.2% increase year-on-year.
Local Impact
Despite multiple rate rises and major economic challenges, it’s evident that some areas in the city have made it into 35% of the nation’s regional coastal markets, which continue to produce peak values.
What To Look For Next
With Brisbane appearing a few steps ahead on the median value front but places like Ocean Shoes and Byron in the other direction seeing some of the largest drops in value relative to peaks (down 25.5% and 24.1%, respectively), the market is evidently at a unique tipping point compared to what we have seen over the last few years.
Either way, these sorts of numbers only drive home the unfolding generational tragedy that is the current housing situation across Australia.
2. The Pacific Airshow Announces 2024 Comeback
What’s Happening
The Pacific Airshow Gold Coast has announced that it is set to return with a bang from 16-18 August 2024 after its phenomenal debut last year.
Why It Matters
This airshow was totally epic in 2023.
In addition to being one the most anticipated events on the calendar this year, judging by the queues getting to and from the show last year, it's also a significant economic booster for Gold Coast local businesses.
By the Numbers
250,000: Attended the three-day spectacle last year.
$25 million: Generated by last year’s event for businesses.
110,000: Visitor nights booked in 2023 for the weekend that had accommodation businesses happy.
Local Impact
The event entertains and invigorates the local economy, showcasing the Gold Coast as a vibrant events destination and benefitting the hospitality and tourism sectors.
Forward Thrust
This year’s airshow is set to outdo its predecessor, promising to be an unforgettable experience and solidifying the Gold Coast's status as a leading events hub.
What The People Say
Kevin Elliott: "We’re aiming to make this airshow an even more breath-taking experience this year in 2024."
Tom Tate: "The airshow is back and will be bigger and better than before!"
What To Look For Next
Early bird tickets are now on sale here until February 14 only, so get em’ while you can.
3. The Endless Summer Turns 60
What’s Happening
Bruce Brown's 'The Endless Summer', the classic and timeless surf movie encapsulating the spirit of surfing and adventure now for generations, just turned 60 years old.
Why It Matters
From a piece of media that has likely served as the inspiration for millions of surf trips, this film wasn’t just a surfing documentary.
It was a surf cultural phenomenon that transcended the sport and has shaped generations of surf travel over decades while also originally captivating a mainstream audience in a timeless way that lives on today.
By The Numbers
1964: The year 'The Endless Summer' first premiered at film festivals.
1966: The year of its wide release, reaching a broader audience.
3: Generations of surfers inspired by the film.
$50,000: The original budget to make the movie
$20-30 million: Has been made from the film since its creation
Local Impact
Here at home, 'The Endless Summer' resonates profoundly, embodying the surf culture and adventurous spirit that thrives amongst groms all the way up to the salty old sea dogs that still get out there.
What The People Say
New Yorker Review: “A brilliant documentary, perfectly expressing the surfing spirit. Great background music. Great movie. Out of sight.”
What To Watch
Sit back, turn your volume up, chill out and enjoy the trailer below 👇
4. Trending
5. Around The Web (Snippets)
Tugun Satellite Hospital Opens Kidney Dislysis Clinic: In a welcome expansion of services for southern city residents
Applications now open for Light Rail funding: For members of local community groups or not-for-profit organisations along the project alignment between Broadbeach South and Burleigh Heads.
New beer taxes start today: Among other alcohol taxes that will see some items needing to increase by 10+%
The GC wages war on mozzies: With a $1 million pledge to tackle the issue
Japan finally ditched floppy discs this week: Which their Government had required from businesses for up to 1,900 different official documents
A Gold Coast Local Disaster Recovery: Feedback form has been made live by the City, and you can have a say here
iCloud crashed worldwide: With the outage affecting Apple Pay, AppleCare and Apple Music
Logan City and GC Councils have partnered: To decommission the Luscombe Weir, with works starting in April
The 100 Best Craft Beers of 2023: Were revealed by GABS last week
The first human received a computer-brain interface: Over the weekend, according to Elon Musk, when talking about his Neuralink company
The most popular jobs 1,000 years ago: Are pretty much as you would expect
6. Councillors’ Corner
Div 3 | Coomera, Wongawallan, Willowvale +2 | Cr Donna Gates (Deputy Mayor)
Div 12 | Mermaid Beach, Mermaid Waters, Miami, Nobby Beach | Cr Pauline Young
Local Elections CANDIDATES’ Corner
Introducing Danielle Dunsmore for Mayor
Check out her website here
8. Upcoming Events
♟️ Burleigh Opening Blitz Chess Night: February 2 from 6:30 pm - 9:30 pm; Blitz chess to kick-off 2024 Club nights at Fradgley Hall Community Centre
🪩 Kids Disco in the Park: February 3 from 5 pm onwards; free event with famous kids entertainer Shorty Brown at Frascott Park
💪🏽 Ironman and Ironwoman Series: February 3 from noon onwards; six rounds of action-packed racing at Kurrawa Beach
🏴☠️ Gold Coast Ramble: February 4 from 9 am - 11 am; treasure hunt/amazing race and entertainment for a good cause at the Broadbeach Mall Stage
🖼️ Sunroom | Mini Worlds Unboxed: February 7 from 11:45 am onwards; creative play and exploration for adults who identify with disability at HOTA Gallery
🍴 Sovereign Islands & Surrounds Monthly Community Luncheon: February 7 from 10 am onwards; raffle and auction will be donated to Act for Kids at Red Steakhouse and Bar
📝 DISTRACTD ADHD Event: February 7 from 6 pm - 8:30 pm; free and open to all to know more about ADHD from industry experts at Miami Marketta
🎶 Sound of Music Charity Night: February 8 from 7:30 pm - 11 pm; charity fundraising musical presented by The Spotlight Theatrical Company at Spotlight Theatre in Benowa
📋 Disaster Recovery Pop-up Consultation: February 8 from 8:30 am onwards; have a say in shaping GC's recovery plan at 139 Rifle Range Road at Pimpama
🎺 Hot Potato Band: February 9 from 6 pm onwards; lively and interactive brass-funk musical performance at Miami Marketta
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