Searchers like to be be­side the sea­side

If re­cent online fig­ures are any­thing to go by, prospec­tive buy­ers are still in love with the idea of liv­ing in close prox­im­ity to the ocean, writes Michelle Hele

The Courier-Mail - Property - - REALESTATE INSIGHT -

PROP­ERTY buy­ers are still dream­ing of a sea change with new fig­ures re­veal­ing coastal sub­urbs are among the most fre­quently searched out­side of Bris­bane.

Fig­ures from realestate.com.au put Gold Coast sub­urb Coomera at the top of the list of re­gional sub­urbs clicked on by prop­erty hunters.

The north­ern Gold Coast sub­urb racked up 179 house sales and 34 unit sales in the year to Oc­to­ber.

Other lo­ca­tions pop­u­lar with po­ten­tial buy­ers dream­ing of a new life by the wa­ter, were Air­lie Beach, Coolum Beach and Mar­coola.

Coolum Beach on the Sun­shine Coast came in sec­ond over­all, fol­lowed by Mount Cot­ton and Am­ber­ley.

The fig­ures were col­lated by REA Group for all of 2013, based on suc­cess­ful searches for each of the in­di­vid­ual post­codes.

Ja­son Leary of Pro­fes­sion­als Free­dom Realty was not sur­prised Coomera earned the top spot.

Mr Leary said the mar­ket was very di­verse and in­ter­est in the whole north­ern Gold Coast re­gion had picked up in the past cou­ple of months.

“We do get a lot (of in­ter­est in Coomera prop­er­ties),’’ he said.

“The north­ern Gold Coast cor­ri­dor pretty much is it, it is the boom cor­ri­dor.’’

Trans­ac­tion lev­els had started to in­crease since Au­gust.

Af­ter old stock started to clear, Mr Leary said he sold sev­eral prop­er­ties be­fore they were listed online, in some cases af­ter re­ceiv­ing mul­ti­ple of­fers.

The types of prop­er­ties avail­able in Coomera range from acreage to sub­ur­ban lots, water­front, town­houses and units.

“Coomera re­ally has all the dif­fer­ent types of prop­erty in one lit­tle area,’’ he said.

With more in­fra­struc­ture pro­posed for the area in­clud­ing a West­field Shoppng Cen­tre , Mr Leary be­lieved it would con­tinue to be pop­u­lar.

Realestate.com.au had 282 prop­er­ties listed for sale in Coomera, 243 in Coolum Beach and 103 in Mount Cot­ton.

Many of the sub­urbs that fig­ured promi­nently on the list of most-clicked-on sub­urbs had new hous­ing es­tates and in­cluded a large num­ber of af­ford­able prop­er­ties.

Coolum had a me­dian house price of $352,500 with 40 houses sold in the past 12 months.

The me­dian at Coolum Beach was $425,000, with 119 prop­er­ties sold in the past 12 months, and $462,000 at Mount Cot­ton, where 150 houses sold in the past 12 months.

Other lo­ca­tions didn’t chalk up as many sales dur­ing the year to Oc­to­ber, in­clud­ing Air­lie Beach, where only five houses and 77 units sold, or Al­len­view in the Scenic Rim, where only one house sold in the 12 months to Oc­to­ber.

Steve Marks of Ray White Whit­sun­day said in­ter­est had picked up in the Air­lie Beach re­gion in the past three months.

“We have seen prob­a­bly the best three months we have seen in prob­a­bly four or five years.

“Prop­erty prices are still well down but the num­ber of trans­ac­tions are up.’’

Mr Marks said the Ab­bot Point Coal ter­mi­nal, more in­fra­struc­ture be­ing de­liv­ered in the area and an in­crease in tourism had all helped lift in­ter­est in the Air­lie Beach prop­erty mar­ket. He said there was bil­lions worth of work to hap­pen in the re­gion and that meant more jobs.

“We have a lot of Chi­nese in­ter­est (in the area) at the mo­ment,’’ he said.

“And then the south­ern in­vestors’ in­ter­est.

“You can still buy a twobed­room unit with a view of the ocean for as lit­tle as $350,000.

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