Considering a property investment on the Gold Coast? While the spruikers are hyping up the northern suburbs of the Gold Coast, the real value is further south. The supply of quality investment properties is low, future land releases are limited and rental returns are very strong. Here are two suburbs you might consider:
Want to buy a detached house for under $500,000, on a big block within 30 mins of everywhere on the Gold Coast? Nerang boasts excellent investment fundamentals, with low supply, good owner-occupier demand, excellent rental yields and low vacancy rates. It has great access to infrastructure and is beginning to gentrify, as new families move into the area attracted by convenience, amenity and price.
This is a strategic location on the Southern Gold Coast, close to the M1, Brisbane Railway, Robina Town Centre and Hospital, Bond University and the growing Varsity Lakes business district. It is an attractive suburb with a modern feel, and is within 10 minutes of Burleigh Heads, one of the Coast’s best beaches and home to a burgeoning dining scene. Townhouses here are a flexible property type which suit the diverse demographics of the suburb; they are achieving great rental returns and good price growth. Look for a well-designed townhouse with 3 bedrooms in a small complex – these are still available under $500,000.
Want to learn more about investing on the Gold Coast? Book in a free consultation to discuss how you can successfully invest in property here.