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ResidentialStaff WriterMon 27 Mar 17

Owner-Occupiers Dominate Sales At Gainsborough Greens

Gainsborough-Greens-3_620x380-1

Owner-occupiers proved to be the biggest players at Gainsborough Greens in Pimpama, representing more than 83% of sales at the new masterplanned community.

First home buyers, families upgrading to a new property and empty nesters were all looking to capitalise on affordability and rapid growth at the Gainsborough Greens development, where more than 440 homesites - totalling $110 million - have sold over the past 12 months alone.

Mirvac Queensland Residential General Manager Warwick Bible said the high demand from owner-occupiers for homesites in Gainsborough Greens was driving the fast-pace of sales.

"The strong demand is testament to the desirability of the location, which offers significant value, picturesque surrounds and convenient access to the motorway, making both the Gold Coast and Brisbane city centres an easy commute," he said.

"The area is being serviced by an ever-increasing array of infrastructure and amenities, including state-of- the-art schools, shops and parkland, which is appealing to those wanting to build a new home with a range of services at the doorstep.

"The feedback from our buyers is that Gainsborough Greens stands apart because of its village atmosphere.

"Our homesites are nestled alongside the Gainsborough Greens Golf Club, natural bushland and parks, with 65 per cent of the community dedicated to green open space.

"Our latest land release is no different - located next to a parcel of land earmarked for a major 15 hectare sports field and five hectare recreation park - so we're expecting it to be popular, particular with families."Gainsborough Greens has been a centre of activity over the past 12 months, with 235 homes finishing construction, 36 hectares of wetland, open space and conservation area rehabilitated and more than half a million new plants added.

"When people visit Gainsborough Greens, they can now see for themselves the sense of community that has been created here and the type of neighbourhood they will be calling home, and that is really appealing to those looking to own and occupy," said Mr Bible.

ResidentialAustraliaFinanceReal EstateSector
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Article originally posted at: https://theurbandeveloper.com/articles/owner-occupiers-dominate-sales-gainsborough-greens