Weekend Gold Coast Bulletin - Property
Part-time developers on the rise
Construction professionals are turning their skills to making a profit on small-scale projects
THE part-time property developer trend is on the rise on the Gold Coast as professionals look to transform their construction skills into profits.
The shift follows the mining downturn, according to property portal, Development Ready.
Managing director Nick Materia said property development was an attractive option for those with prior construction or project management experience.
“While an infrastructure boom is under way in New South Wales and Victoria – with more than $15 billion in metro rail projects – not all construction professionals are prepared to pack up and move down south for these jobs,” Mr Materia said. “Engineers are just one group of professionals that boast exceptional technical abilities and a highlevel experience working in time-critical environments.”
The trend of construction professionals turning their hand to property development was a recent but growing trend across Queensland. Development Ready lists development opportunities for sale across Australia.
“Our data suggests at least a five to 10 per cent increase in engineers subscribing to the site over the past 12 months, compared to