DISCLAIMER  Randal Wilson Group and staff do not provide advice on investments. All interested parties must rely on their own research before making any investment decision and should seek advice from a qualified Financial Planner or similar professional. All information provided is collated from various sources and provided in good faith to assist you in conducting your due diligence. We have in preparing this information, used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or mis-statements contained in this Website. Prospective purchasers should make their own enquiries to verify the information contained in this document. We recommend that all interested parties seek a professional legal opinion of the contract and any additional terms or clauses. We have also endeavoured to accurately provide all information contained in this Website. However please note, all images, sketches, floor plans and the like provided, are indicative only.

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Suite 5

52 High Street

Toowong Qld 4066

Only 3 left in Stage 6  |  Only 5% deposit required.

SAGE APARTMENTS

Please click the play button to watch promotional video

Here’s our take on what’s going on with the Gold Coast housing market. 
GOLD COAST:  10 THINGS

1. About 577,000 people live on the Gold Coast.  It is expected to grow by some 12,500 new residents per annum. 

2. There is a need to build 5,000 new dwellings each year to adequately house this demand. 

3. Just over 5 million tourists stayed overnight on the Gold Coast last year.  They stayed for a total of 24 million nights.  This market grew by 7% last year.   Expanding tourism is also fuelling new dwelling demand. 

4. The tourism industry contributed about $6.4 billion to the Gold Coast regional economy last year.  This represents about 20% of the Gold Coast’s $31.5 billion economy.

5. Tourism supports approximately 46,000 jobs on the Gold Coast, which is 18% of the total local jobs.  The Gold Coast, as outlined last week, currently holds 262,000 local jobs.

6. Other local registered businesses numbers have also been on the increase.  Local unemployment is on the decline. 

7. Residential sales, too, have increased, as have new dwelling approvals; but new dwelling supply is struggling to keep up with demand.  More on this later this week.

8. The dwelling market is in a strong upswing in terms of sales.  There were 8,500 detached house sales; 10,000 apartment sales; 4,000 townhouse sales and 2,500 vacant lot sales on the Gold Coast last year.  These volumes are more than double those traded just five years ago. 

9. Current attached dwelling values are rising faster than the mid-term, and especially long-term, average.  Median house values rose 7.6% last year; apartment values rose 5.7% and townhouse price were up 4.5%.

10. So, too, are weekly rents, especially for apartments and townhouses.  Our available rental rate for the Gold Coast is currently 1.7% for apartments, 2.0% for townhouses and 3.7% for detached houses.  There are just 2,000 dwellings advertised for rent on the Gold Coast.

Matusik Missive by independent property analyst, Michael Matusik.

Every week Michael shares his thoughts on the Australian housing market.

Visit www.matusik.com.au to find out more.

Fast Facts

  • Brand new contemporary and stunning Apartments

  • Strata titled

  • Low Body Corporate fees

  • Stage 6 due for completion January  / February 2019

  • Stage 7 now selling

  • Investors  -  1st year Depreciation $12,000  |  growth in value 11.41% since Stage 1

  • First Home Buyers  -  take advantage of the Queensland Government's 'Great Start Grant' of $20,000

  • Only 5% deposit required.

  • From $409,500

Location

  • Sage Apartments are located in a high growth area offering a superb lifestyle with education and employment opportunities available

  • Sweeping views across vast expanses of open space towards the north east and mountain views across to the hinterland to the south west

  • Only 15 minutes drive to the famous Gold Coast beaches and the abundance of restaurants at Broadbeach

  • Within minutes to Robina Town Centre (one of the Gold Coast’s most popular shopping precincts)

  • Within minutes to the railway station, bus services and hospital facilities

  • Surrounded by a number of public and private educational facilities (only 12 minutes to Bond University)

  • Nearby to 2 golf courses and Skilled Stadium (venue for the 2018 Commonwealth Games)

  • The Gold Coast is currently receiving over $1 billion in infrastructure upgrades

  • Coolangatta Airport is currently receiving a $300 million upgrade

Features of the Apartments

  • Spacious contemporary open plan living enabling an abundance of natural light

  • Timber laminate  floors

  • Gourmet kitchen with premium finishes including quality stainless steel appliances and glass splashback

  • Study nook with shelving

  • Main bedroom boasts a beautiful timber cabinetry walk-in robe with with plenty of space for clothing and accessories

  • Second bedroom contains built-in robes

  • Bathrooms are finished with floor to ceiling tiles, large mirrors and a beautiful timber built in vanity case

  • The main bathroom contains a full size bath

  • Generous size separate laundry with plenty of storage space

  • Split system air-conditioning

  • Glass balustrading to spacious balcony areas overlooking either the tranquil swimming pool, landscaped gardens, hinterland and from some top floor apartments, views out to the iconic Gold Coast

Complex Facilities

  • Vast areas of manicured parkland and lush gardens

  • Recreational pool with day beds overlooking parkland areas

  • BBQ facilities with generous outdoor entertainment areas

  • Spectacular night lighting effects of pool and garden surrounds

  • Key access to main entrance

  • Key access to building entrance

  • Secure undercroft car parking

  • Visitor car parking facilities

  • Qualified and experienced on-site management

  • High level of maintenance carried out to gardens and facilities

Arial view for Sage Apartments at Merrima on the Gold Coast.
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