Buy­ers rush to Coast

Many house hun­ters are ditch­ing their home states for a spot on the Gold Coast

Weekend Gold Coast Bulletin - Property - - FRONT PAGE - WORDS JES­SICA BROWN

CASHED up in­ter­state buy­ers are splash­ing out on ex­trav­a­gant Gold Coast homes, in­ject­ing mil­lions into the lo­cal prop­erty mar­ket.

A water­front man­sion on the Isle of Capri is one of the lat­est to be snapped up by a house hunter hail­ing from across the bor­der.

The $3.9 mil­lion sale of the home at 19 Naples Ave went un­con­di­tional last week.

Mar­ket­ing agents Sam Guo and Ju­lia Kuo said the Mel­bourne-based Chi­nese buyer couldn’t go past its wa­ter and sky­line views.

“They liked the po­si­tion ... with a nice view,” Mr Guo said.

He said the five-bed­room, five-bath­room home’s cen­tral lo­ca­tion and prox­im­ity to shops was also a ma­jor sell­ing point.

The prop­erty had been listed un­der var­i­ous agents since it hit the mar­ket in September last year.

“We had it for just over two months,” Mr Guo said.

In the Hin­ter­land, a Syd­ney cou­ple bought a Talle­budgera Val­ley prop­erty for $2.45 mil­lion last week.

LJ Hooker Mudgeer­aba agent John Fis­cher said they al­ready had a prop­erty at Palm Beach but were look­ing for a more pri­vate re­treat in the moun­tains. “They’ve de­cided to buy it as a week­ender,” he said.

The four-bed­room home with self­con­tained cot­tage had also been on the mar­ket for some time un­der var­i­ous agents.

An­other Isle of Capri prop­erty on Amalfi Drive sold to a fam­ily who ini­tially hailed from in­ter­state but were living in Viet­nam.

Mar­ket­ing agent Eddie Wardale, of Kol­losche Pres­tige Agents, said they planned to move to the Gold Coast for their chil­dren’s school­ing.

The $2.15 mil­lion pur­chase was ce­mented ear­lier this month fol­low­ing a 60-day set­tle­ment pe­riod.

19 Naples Ave, Isle of Capri (top), 756 Trees Rd, Talle­budgera Val­ley (left), 103 Amalfi Drive, Isle of Capri (right)

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