Coomera tipped to be boom suburb on back of infrastructure and Games
COOMERA is set to boom, according to leading real estate industry figure John McGrath.
The northern suburb was Mr McGrath’s top pick on the Gold Coast in his McGrath Report 2018, released today.
“Coomera was the fourth fastest growing area in Queensland in the 10 years to 2016 according to the ABS,” the report states,
“Coomera will benefit from new infrastructure including the $470 million Westfield Shopping Centre which is expected to open in late 2018.”
The McGrath Real Estate founder said his other top Queensland picks included Wynnum, North Lakes, Peregian Springs and Caloundra.
“The affordability of southeast East Queensland is attracting record levels of interstate migration as well as rising interest from investors and first home buyers, with its housing market continuing to produce solid results,” it stated.
The report also revealed property prices on the Gold Coast were “responding and increasing at a healthier rate than Brisbane” because of the buzz around the Commonwealth Games in April next year.
IT’S not a hotel or a restaurant.
You’re looking at a casinoinspired mansion on the Gold Coast and the out-of-thisworld design could be all yours for a breezy $4 million.
The seven-bathroom mansion at 85 Gibraltar Drive oozes luxury with carpet imported from a Monte Carlo casino, commercial grade glass, sunken lounge and a spa.
A booth-style dining room mimics a trendy bar while ultra-modern pedant lights set the mood.
Designed by Sam Ray from Raywells Design Studio, the house comes with a 7m walk-in-robe, gym, theatre
and timber throughout. A 120-year-old telegraph pole steals the limelight in the foyer, stretching 8m high.
Mark Harvey and his wife Suzette said it took 12 months to find the right block and another 18 months to put the magnificent design together.
The father-of-two said he worked long hours and travelled a lot for work but creating his dream home was a relaxing side hobby.
“Some people like to read or go to the beach but I like to build amazing mansions,” he said. “I spent a lot of time at work and I do travel a lot and stay in hotels so I have picked up a few ideas from there.”
Concrete, timber and marble feature throughout the house.