Gold Coast’s Top Family Suburbs
FAMILIES are flocking to the northern Gold Coast in droves with three suburbs making the region’s top five suburbs for families, new data reveals.
The study from Aussie Home Loans and CoreLogic revealed 68.1 per cent of households in Maudsland have children.
The report showed there were 209 sales in the past 12 months in the suburb, while the median home value is $582,587 and the median unit value is $518,404; the latest market analysis showed a 4.2 per cent growth over the past 12 months.
Maudsland was one of three northern suburbs to make the top five local family-friendly suburbs, with 64.8 per cent of Pacific Pines to the south occupied by families, while Upper Coomera on the other side recorded 63.05 per cent of households have children.
REIQ Gold Coast zone chair Andrew Henderson said the northern sprawl’s price point is attractive to families.
“I think they will continue to see strong growth, the properties are affordable, nice and new and job prospects between the Gold Coast and Brisbane are enormous,” Mr Henderson said.
“There is continuing works like the development of the Coomera Town Centre, which is huge infrastructure, and jobs come with that.”
Construction has begun on a 49-lot estate in Maudsland with the first round of lots due to be released soon.
Project director Geoff Burn said interest levels suggest Harriet Lane will be popular with families.
“Generously sized lots are popular on the Gold Coast. We are seeing a lot of people from big cities such as Sydney and Melbourne flock to the northern end of the Gold Coast for a more relaxed lifestyle and to bring up their families,” Mr Burn said.
“We are finding there has been a significant shift in the Gold Coast property market, there is a lot of buyer confidence and housing prices are starting to increase in the lead up to the Commonwealth Games.”
“The area has the advantage of living in a relaxed environment away from the hustle and bustle of the city, but it is close to schools and public transport giving residents ease and convenience.”
Top Gold Coast suburbs for growing families
Pacific Pines 64.8%
Upper Coomera 63.05%
Extract from The Gold Coast Bulletin 27 January 2018