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
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.