Following a $5.5 million sales rush over the Christmas/New Year holidays, only seven sites remain for sale at
Hope Island's Fairway Island community development.
Buyers have snapped up 11 homesites in the past eight weeks, with the final lots now representing some of the last waterfront land available on Hope Island.
Fairway Island Sales Manager, Coyne Graham said sales over the past couple of months have exceeded expectations, and point to a more buoyant market in 2015.
"Interest rates are at a historical low and there is an added sense of urgency now, because buyers recognise that we are nearing sellout," he said.
"The majority of our recent purchasers have been northern Gold Coast locals looking to secure land at the centre of Hope Island with beautiful views across the canal to the golf course.
"Most have either been young professionals or families looking to upgrade to their first wet block, or retirees who are downsizing but still want a quality home with plenty of amenities within easy reach."Mr Graham said Fairway Island was well established with dozens of homes already complete, and a mini building boom about to get underway on the back of recent sales.
"While the relative affordability and value of the land is a big drawcard, I would say that lifestyle is equally as important to our buyers, and it's something that gives Fairway Island the edge over other communities in the region."The remaining waterfront homesites at Fairway Island average 565sqm and are positioned just metres from Hope Island golf course.