THE patrons of 2021’s prime record-breaking dwelling had been house-hunting within the ritzy boaties’ enclave of Sanctuary Cove earlier than deciding on a luxurious new construct within the unassuming northern suburb of Oxenford.
The $2.715 million sale of 9 Temple Island Cct in Could smashed the earlier document of $1.28 million set in January by a whopping 112 per cent, knowledge launched by REA Group reveals.
It was not solely the Coast’s most excellent record-breaker of the yr, but additionally took out second place within the nationwide rating of suburbs the place a brand new excessive sale value was set in 2021.
The suburbs have been ranked by the share distinction between the 2021 document and the earlier costliest sale, based mostly on homes listed on realestate.com.au this yr.
Fibro seashore shack bought for $5.4m below the hammer
A yr like no different for Coast property market
Advertising agent Khan Sturdy, of Sturdy Actual Property, mentioned the five-bedroom home on a 1,000sq m block fronting Regatta Lake was a novel providing for Oxenford, an space the place patrons can nonetheless buy for below the Gold Coast median home value of $850,000.
The patrons had lately relocated from interstate and have been unfamiliar with the realm earlier than discovering the architecturally designed dwelling, which was accomplished in 2018 by a builder recognized for his work on upmarket Sovereign Islands, Mr Sturdy mentioned.
“The house deserved to be in additional of a Sovereign Islands or Sanctuary Cove postcode, nevertheless even at this present price ticket, it was nonetheless seen nearly as good worth as a result of it might have been twice the worth if it had been positioned in a kind of suburbs,” Mr Khan mentioned.
He mentioned Oxenford had skilled robust development in 2021, with the worth of close by waterfront houses up round 30 per cent, on the again of demand from interstate patrons drawn by the expansion suburb’s proximity to each Brisbane and the coast.
“Oxenford is attention-grabbing since you’ve obtained three completely different pockets.
“You’ve obtained acreage properties, you’ve obtained lakefront, after which the usual residential houses that are a mixture of exisiting homes and a few new estates popping up.
“There’s undoubtedly a broad spectrum however Oxenford remains to be extra reasonably priced in comparison with most different suburbs on the Gold Coast,” he mentioned.
The Coast’s second highest ranked document sale at 757 Tallebudgera Creek Rd additionally made the nationwide prime 10 record.
The five-bedroom dwelling on 3.87ha within the prestigious semi-rural location was marketed by John Fischer, of PRD Actual Property, and bought for $5 million in March — up 92 per cent from the suburb’s earlier excessive sale.
REA Group director of financial analysis Cameron Kusher mentioned the varied suburbs which made up the Coast’s prime document breakers indicated the market’s power as a life-style vacation spot with attraction past the long-lasting oceanfront strip.
“Whereas the Gold Coast has seen a bumper yr for actual property exercise with robust demand and excessive costs, it’s fairly informative to take a look at the suburbs wherein document sale costs have been achieved in 2021,” Mr Kusher mentioned.
“A lot of the suburbs usually are not glitzy beachfront addresses akin to Surfers Paradise, Essential Seaside, Mermaid Seaside or Burleigh Heads. They’re sometimes suburbs away from the coast, with a lot of them in hinterland sort areas.
“This highlights that the Gold Coast actually does supply patrons the very best of each worlds, with the fascinating coastal properties alongside the life-style and tree change areas which can be nonetheless inside shut proximity to the seashores,” he mentioned.
Rounding out the Coast’s prime 5 have been a customized Hamptons-inspired new construct with mountain views at Springbrook; a four-bedroom dwelling on 4.13ha at Advancetown within the Hinterland marketed as a “COVID hideaway”; and a daring architecturally designed new dwelling at Burleigh Waters referred to as the Eagle Home.
>>>>>> GOLD COAST TOP RECORD BREAKERS 2021 <<<<<<<<
1. 9 Temple Island Cct, Oxenford
sale value: $2.715m
date: Could 2021
earlier document: $1.28m
2. 757 Tallebudgera Creek Rd, Tallebudgera Valley
sale value: $5m
date: March 2021
earlier document: $2.6m
3. 400 Mount Nimmel Rd, Springbrook
sale value: $1.655m
date: November 2021
earlier document: $960,000
4. 78 Narrowleaf Rd, Advancetown
sale value: $2.4m
earlier document: $1.51m
5. 22 Eagle Ave, Burleigh Waters
sale value: $4.025m
earlier document: $3.1m