According to realestate.com.au’s New Apartment Hotspots1.
, Robina has been revealed as the top Gold Coast suburb searched by Australians looking for new apartments in Queensland from March to May 2015, and came in sixth overall.
In addition, data available on realestate.com.au/invest also points to strong market demand in Robina from people looking to rent 2 bedroom units in Robina as well as a steadily climbing rental yield.
realestate.com.au's Queensland Sales Manager for Developments Marini Peries says Robina is a suburb that profiles well on the website, especially for apartments.
“People are attracted to new apartment developments as these properties are usually located in prime inner city locations,” she said.
“Buying off-the-plan also allows purchasers to buy at contract price with a 10% deposit and offers buyers more choice – they get to select the property that is most suited to their needs and lifestyle.
“Our data shows a lot of people are also searching in areas on the Gold Coast for new apartments.”
Robina Group's Residential Sales Manager Azura Griffen says there has been a noticeable increase in interest from interstate buyers as well as first home buyers who are priced out of Sydney and Melbourne markets.
"We’re receiving many enquiries from interstate buyers who have seen the immense value and growth opportunities on offer here," she said.
"This interest has been especially evident in our Bohème Apartment project from buyers wanting to purchase an apartment off the plan and are looking elsewhere due to being priced out of their local market.
"We also have interstate and overseas buyers interested in purchasing our apartments so their children can attend Bond University or Somerset College here in Robina,” Mrs Griffen said.
Related Reading: Construction Starts Early On Bohème at Robina Bohème Apartments, Robina, Gold Coast[/caption]Former Sydneysider Shirley Sun made the move to Gold Coast City in search of her first home and chose Bohème Apartments due to its growth potential.
"Robina has an upmarket look and feel because it’s a relatively new area on the Gold Coast, although it still has plenty to offer with a major regional shopping centre, a private university, good schools and lots of businesses, which means job opportunities," she said.
"Robina has all of the city conveniences that I enjoyed in Sydney but it's not nearly as crowded and properties are much less expensive here,” Ms Sun said.
Another Sydney resident Johanna Licuanan, principal solicitor of Sydney-based Licuanan Lawyers, also purchased an investment property at Bohème Apartments due to Robina's reputation as both a lifestyle and business hub.
"I was looking to buy an apartment in Robina as a home for my elderly parents and I ultimately chose Bohème Apartments because it offers a good balance between lifestyle for owner-occupiers and value for investors," she said.
"Bohème Apartments is well connected to major transport, with train and bus stations nearby, along with easy access to the motorway which means I can head to the airport within about 20 minutes when I need to go back to Sydney for business.
"I think Gold Coast City will eventually catch up with Sydney and Melbourne in terms of prices, so there's plenty of room for growth, especially in Robina which is well serviced by infrastructure and amenities." Bohème Apartments, Robina, Gold Coast[/caption]The strong demand for housing and commercial property in Robina from interstate investors follows large investment in the area with $1bn of investment pouring into the area and various development projects underway.
realestate.com.au’s New Apartment Hotspots (March – May 2015)
1. Brisbane
2. West End
3. South Brisbane
4. Milton
5. Albion
6. Robina
7. Newstead
8. Woolloongabba
9. Broadbeach
10. Spring HillMethodology:
realestate.com.au reaches its findings by taking the most viewed apartment developments in the Buy and New Homes sections for each suburb over the course of three months. It compares the number of views on developer listings against the number of available developments in that suburb (suburbs must have minimum two developments to be considered).
1. realestate.com.au internal statistics, March 2015 – May 2015, based on views per development in the Buy and New Homes sections.
