Sales ahead of plan
Demand in Gainsborough Greens demonstrates just how popular Pimpana has become
Pimpama’s largest new community, Gainsborough Greens, has finalised its 1000th sale, as the area is named Australia’s top property “hot-spot” by the nation’s peak housing industry body.
The masterplanned residential project, being developed by Mirvac, in the northern Gold Coast, has posted $275 million in sales since it was officially launched In 2011.
It continues to hit new sales highs, with more than 150 homesites, totalling $41 million of deposits taken this year alone, prompting new stages of land to be continually brought forward to meet demand.
The milestone comes as the Housing Industry Association names Pimpama as Australia’s fastest growing housing market in it’s Population and Residential Building Hotspots 2017 report, based on population growth and residential building activity.
Mirvac Queensland residential general manager, Warwick Bible, said the high demand for property in Gainsborough Greens was driven by a number of factors.
“Buyers can build a brand new home in Gainsborough Greens for less than it would cost to purchase an older-style home, which may require renovation, in the central Gold Coast, just a few minutes drive south,” he said.
“There are also significant benefits that come with building a new home, such as the ability to choose the design and layout that best suits your lifestyle, including the latest fittings and finishes.”
Shane Stefanac and Melissa Gilmour (pictured) will move into their new fourbedroom home at Gainsborough Greens later this year, after purchasing a homesite in the Pimpama community.
The couple initially had their sights set on buying an existing home, until Mr Stefanac discovered Gainsborough Greens by accident.
“I came across Gainsborough Greens while going for a ride on my motorbike and thought it looked like a really nice community.
“I had such a good feeling about the area that I went home and spoke to Mel about it and a week later we had purchased a block of land to build our dream home,” he said.
“We had been looking at existing homes for a while, but had been unable to find one that featured everything we were looking for in our price range.”
The couple decided to sell their apartment in Biggera Waters to build their new home at Gainsborough Greens.
“At Gainsborough Greens, Mel was able to design our new home from the ground up, just the way we wanted it.”
Homesites at Gainsborough Greens are priced from $246,000.