Hidden gems of Gold Coast property: Prime actual property brokers reveal their greatest suburbs

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THE Gold Coast’s high actual property identities have revealed their hidden gems to first residence consumers seeking to crack into the town’s housing market.

The Bulletin revealed new figures in February that showed how quickly house prices have soared on the Gold Coast, with property in Hope Island now costing seven instances what it did within the mid-Nineteen Nineties.

Below the housing increase first residence consumers might be discovering it arduous to crack the market however Andrew Bell, who together with brother Greg have been positioned second on the Bulletin’s most influential names in the Gold Coast residential real estate for 2020, stated there’s nonetheless hope for the youthful technology.

ANDREW BELL’S TIPS

“New properties north and south on the Gold Coast are focused for first residence consumers,” he stated.

Ray White Surfers Paradise chief government Andrew Bell.


“Areas west of Dreamworld, across the Higher Coomera space and nearer to Tweed there are newer homes for a decrease finances.

“If the customer needs to be extra central, on the lookout for older buildings in older suburbs like Southport is an choice.

Aerial picture of Higher Coomera in June 2017. Image: Nearmap


“Residence blocks which are near 50 years previous in Chevron and Labrador are additionally promoting for across the $300,000 mark.”

AMIR MIAN’S TIPS

Amir Status founder Amir Mian, who was fourth in the Bulletin’s real estate list, stated there’s loads of “hidden pockets” throughout the Gold Coast.

“Most first residence consumers are heading north to locations like Pimpama and Coomera however I’d somewhat keep in areas with larger capital progress,’ he stated.

“From Coombabah to Biggera Waters and into Broadbeach and Paradise Level, there’s hidden pockets if the consumers seems.

Amir Mian is liking areas aside from the northern suburbs.


“We lately had a purchaser in Burleigh Waters for $550,000.

“You will not be on the water and want to go west however there’s nonetheless loads of hidden pockets on the Gold Coast.”

LUCY COLE’S TIPS

The highest feminine on the Bulletin’s Power 100 real estate list for 2020 Lucy Cole stated these lucky sufficient to have household assist are investing in additional than only a home when shopping for.

“We’re seeing quite a lot of older generations, be that oldsters or grandparents, assist out first residence consumers and investing in properties in Parkwood and Ashmore,” she stated.

“Younger {couples} and households are shopping for for anyplace from $500,000, $800,000 to a $1,000,000 in these areas with some assist.

SUBURBS

Broadbeach’s Lucy Cole. Image: Richard Gosling


“They see it as a worthy funding to pay a bit extra and be in a location that places them in sure faculty’s catchments and supplies them with quick access to move, college and the place quite a lot of them are working.”

Aerials

Paradise Level. Image Mike Batterham


MICHAEL KOLLOSCHE’S TIPS

Jay Helprin, gross sales affiliate for Michael Kollosche, who finished third on the Bulletin’s list, stated flats might be a extra inexpensive choice for these seeking to purchase.

QLD_GCB_NEWS_KOLLOSCHE_18JAN16_SKENE(4)

Actual property king Michael Kollosche.


“I reckon one of the best funding for first residence consumers is the Broadbeach and Mermaid Seaside area for flats,” he stated.

“Broadbeach has loads of choices and Mermaid has some newer flats giving the consumers extra bang for his or her buck.

“I’d additionally recommend wanting across the Mermaid Waters space with extra up to date buildings.”

Jay Helprin. Image: Kollosche



kyle.wisniewski@news.com.au

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