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New Home Building and
Investment Property Tips and News

Investing in Queensland

11/2/2019

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Last week I flew to the Gold Coast to have a look at a couple of land estates and builders.I have not promoted this area before due to thinking you should invest locally but due to the current property market I wanted to look at the Queensland market yet again.I say yet again because my husband and I brought a house off the plan over 20 years ago near the Gold Coast and it is still a sore point that we sold it too early.
Investing in property should be a long term plan not a quick fix...the longer you hang on to a property the more you reap the benefits....values may dip and dive like a rollercoaster but in the long term property prices always go up!
The Gold Coast has that dream like quality!! Endless sunshine and relaxed vibes! however the first day I was there I was told I brought the rain with me...I got drenched several times!!
The estates I visited were in Coomera and Pimpama about 15 mins from Surfers Paradise and around 35 mins from Brisbane.
The first thing I noticed was the amount of infrastructure around these estates.Not like here where a signs stays for years and years stating a school or shopping centre will be built on the site and the residents are still waiting!
In these estate there are large shopping centres actually built just a few minutes drive away ,as well as schools and hospitals.It is great that the Councils and local government recognise that people love living in these estates and provide everything they need on their doorstep. My husband and I went to the new Westfield at Coomera...it was wonderful to walk into a shopping centre that was sparkling new,the shops were so clean ,the toilets were zen like with soothing music and spotless!! and the restaurants were amazing!!This Westfield opened in October last year and there are a couple more stages to complete...it will be huge!
People who live in Coomera and Pimpama mainly work in retail, hospitality, the theme parks and large industrial estates. ...driving around.. these land estates were buzzing!!
Packages start from $489,980 which is a good price point for investing...Buying property in Coomera and Pimpama is a solid investment and while they might not set the world on fire there will always be tenants wanting to live the dream....a couple of locals told me that Coomera is the place to watch they reckon it is about to boom!
It was just a quick trip and I would have loved to have stayed more,considering the sun came out on the day I left... but I was pleasantly surprised by what Gold Coast has to offer investors,it may be a good choice for your investment portfolio or even for your self managed super fund.
Give me a call if you would like some further information.
Kerri-Ann
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    Opinions expressed in this blog are personal opinions and are not to be taken as financial or investment advice.

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