Immersive projects secured approval for second Coolangatta development

Gold Coast-based Immerse Projects has secured council approval for a second Coolangatta project as the company’s developer-builder founder John Kearney steps up his interests in the southern Gold Coast property market.

The 17-level apartment project, located at 39 McLean Street, is set for construction next year after the city council gave the development the green light.

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Hannah Matchett
Call for urgent release of more greenfield land in SEQ to address deepening housing defecit, RPM reveals

RPM’s latest South-East Queensland Market Update reveals that the combined impact of higher building costs, higher interest rates, and record interstate migration has intensified the South-East Queensland housing crisis in the latest quarter, with the rental market particularly showing an increasing shortfall that is putting more pressure on tenants and new homebuyers.

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Hannah Matchett