FAMILIES are flocking to the northern Gold Coast in droves with three suburbs making the region’s top five suburbs for families, new data reveals.
The study from Aussie Home Loans and CoreLogic revealed 68.1 per cent of households in Maudsland have children.
The report showed there were 209 sales in the past 12 months in the suburb, while the median home value is $582,587 and the median unit value is $518,404; the latest market analysis showed a 4.2 per cent growth over the past 12 months.
Andrew Gray and Amy Devon are moving into their four-bedroom, two-bathroom family home in Maudsland that they bought for $480,000.
“As soon as we drove in to the area it felt like home, you could see the families, people walking their dogs and riding their bikes,” said Ms Devon.
The couple is looking forward to bringing their almost two-year-old son Beau up in suburb.
“The plan is to stay out there, expand our little family and have Beau go through school and make friends,” said Ms Devon who is a stay-at-home mum while partner Mr Gray works for Gold Coast City Council.
The home is located in Riverstone Crossing, a masterplanned community with 24-hour security and community facilities.
“The place we’re moving in to has a park directly across the road so we don’t even have to go that far for Beau to enjoy the outdoors and we also have dogs,” Ms Devon said.
“Out in Maudsland you can get amazing properties for good prices,”
“If you look along the streets, every single fence line has something to accommodate kids whether it’s a playground or a trampoline.”
“Kids are on their bikes riding the streets, it’s a beautiful, safe neighbourhood in that regard with such a sense of community.”
Maudsland was one of three northern suburbs to make the top five local family-friendly suburbs, with 64.8 per cent of Pacific Pines to the south occupied by families, while Upper Coomera on the other side recorded 63.05 per cent of households have children.
REIQ Gold Coast zone chair Andrew Henderson said the northern sprawl’s price point is attractive to families.
“I think they will continue to see strong growth, the properties are affordable, nice and new and job prospects between the Gold Coast and Brisbane are enormous,” Mr Henderson said.
“There is continuing works like the development of the Coomera Town Centre, which is huge infrastructure, and jobs come with that.”
Construction has begun on a 49-lot estate in Maudsland with the first round of lots due to be released soon.
Project director Geoff Burn said interest levels suggest Harriet Lane will be popular with families.
“Generously sized lots are popular on the Gold Coast. We are seeing a lot of people from big cities such as Sydney and Melbourne flock to the northern end of the Gold Coast for a more relaxed lifestyle and to bring up their families,” Mr Burn said.
“We are finding there has been a significant shift in the Gold Coast property market, there is a lot of buyer confidence and housing prices are starting to increase in the lead up to the Commonwealth Games.”
“The area has the advantage of living in a relaxed environment away from the hustle and bustle of the city, but it is close to schools and public transport giving residents ease and convenience.”
Top Gold Coast suburbs for growing families
Pacific Pines 64.8%
Upper Coomera 63.05%
Originally published: www.news.com.au