Crafting the Lifestyle You've Always Envisioned: The Benefits of Modern Townhomes for QLD Families

The bulk of this growth will be concentrated in the Ipswich and Gold Coast Local Government Areas (LGAs), each expected to add over 300,000 new residents. This rapid population increase will have major impacts on housing demand, workforce development, transportation infrastructure, and regional connectivity. (Source: https://www.infrastructure.gov.au ) Infrastructure and Economy The Gold Coast’s lifestyle and infrastructure—such as the light rail, upgraded casino, and expanded shopping centres—are attracting buyers. A $63 billion construction pipeline, including $11.4 billion for transport, $8 billion for medical facilities, $7.9 billion for commercial projects, $9.1 billion for leisure and tourism, and $25 billion for residential developments, is set to boost the economy and create jobs. This positive outlook is supported by major infrastructure projects and high migration rates ahead of the 2032 Olympic Games. Employment In 2021, the Gold Coast’s economy was valued at $39 billion, contributing 10.5% to Queensland’s GDP. The tourism sector, which supports 44,000 jobs and 26,000 small businesses, is expected to inject $45 billion into the economy over the next decade. The 2032 Olympic Games will further enhance the region’s economic benefits through various event venues and a new tourism strategy. Population Growth As Australia’s sixth largest city, the Gold Coast has grown by 9.1% over the past five years, matching Brisbane's growth rate. It is expected to surpass 1 million residents within the next 15-20 years, ahead of previous forecasts. Much of this growth is occurring in suburbs along the northern corridor between Helensvale and Brisbane. For example, according to the ABS, Pimpama had the highest growth rate (13%) of any area outside a capital city in FY2021, up 2,800 people. The Gold Coast population is forecast to reach one million by 2041, much earlier than the previous prediction of 2050. Housing Shortage There are widespread shortages throughout the Gold Coast market, including properties for sale, rental properties, and new dwellings under construction. This shortage is driving up prices and rents, with all postcodes experiencing vacancy rates below 3%, many under 2%. Colliers’ Gold Coast Market Overview 2023 notes that strong demand and limited stock are defining the market, with land also in short supply. With all of this in mind, now is the perfect time to enter the property market. Recent developments like The Brandon Residences have already made waves in Pimpama, and with exciting opportunities emerging at The Mill Residences (Bos Properties upcoming development) the area continues to grow as a prime location for homebuyers. The Mill features 128 modern lifestyle townhomes, equipped with exclusive amenities such as a leisure centre, an activity hub, and a resort-style pool, offering an idyllic living experience. If you and your family are in the market for a stylish, contemporary townhome, reach out to Bos Property on 07 3807 9544, and their team will be happy to help you find the perfect home.

Pimpama, a rapidly growing suburb in the northern part of the Gold Coast, has been steadily gaining attention from investors and homebuyers alike. Known for its rapid development and strategic location, Pimpama offers a host of benefits for those looking to enter the property market. Here’s why you should consider investing in property for sale in Pimpama: 1. Strategic Location Pimpama's location is one of its strongest assets. Situated in the northern part of the Gold Coast, it enjoys proximity to major urban centers such as Brisbane and the Gold Coast CBD. Easy access to the M1 motorway ensures convenient travel to these key destinations, making it an ideal choice for commuters and businesses alike. 2. Rapid Development and Infrastructure The suburb has experienced significant growth in recent years, with ongoing infrastructure developments to support its expanding population. This includes new schools, shopping centers, healthcare facilities, and recreational amenities. Such developments not only enhance the quality of life for residents but also contribute to the overall appeal of the area for property investors. 3. Strong Rental Demand Pimpama's population growth has fueled a robust demand for rental properties. This is particularly attractive for investors looking to capitalise on rental yields, as the suburb continues to attract tenants seeking affordable and well-connected housing options. 4. Affordability and Investment Potential Compared to its neighboring suburbs, Pimpama offers relatively more affordable property prices. This affordability combined with its promising growth prospects makes it a hotspot for investors seeking capital appreciation over the long term. 5. Family-Friendly Environment Pimpama appeals to families looking for a safe and nurturing environment to raise children. The suburb is home to numerous parks, playgrounds, and community facilities, fostering a family-friendly atmosphere that attracts both homeowners and tenants. Investing in property for sale in Pimpama presents a compelling opportunity for both seasoned investors and first-time buyers. Its strategic location, rapid development, strong rental demand, affordability, and family-friendly environment make it a standout suburb in Queensland's property market. Whether you're looking to generate rental income or secure long-term capital growth, Pimpama offers a promising investment destination worth considering. Contact Us Today Bos Property’s recent development at the Brandon Residences in Pimpama is 90% owner occupied with a number of families who now call this brand new modern residence ‘home’. We anticipate both young and old moving into our upcoming development, The Mill Residences which features 128 contemporary townhomes including an expansive leisure center offering a diverse array of activities, a luxurious resort-style pool and an activity hub providing a dynamic space equipped with netball/basketball and soccer half courts with a focus on inclusivity. Get in touch to learn more about The Mill Residences in Pimpama. Contact Stuart Pryce on 0416 454 240 or stuart.pryce@bosproperty.com.au. Your dream home awaits!

Whether you’re looking to settle down or invest, understanding the local property landscape is crucial. In this blog post, we’ll explore the Gold Coast property market, highlight key trends, and provide practical tips for navigating this dynamic property scene. Overview of the Gold Coast Property Market: The Gold Coast Property market has witnessed remarkable expansion. Factors like population increase, migration from other states, and an appetite for coastal living have added to this upward trend. Median Property Prices: The median house price on the Gold Coast has passed $1.03 million which is an increase of 4.6% in the last quarter according to 7 news Australia. Suburbs to Watch: Pimpama, Upper Coomera, Ormeau, and Coomera: These suburbs are hotspots for first home buyers, offering affordability and lifestyle appeal. Check out Bos Property’s Pimpama development, now selling The Brandon residences and upcoming project The Mill Residences. Property Developers Gold Coast: Several reputable property developers operate on the Gold Coast, creating luxury lifestyle and unwavering integrity including Bos Property which has been Crafting Quality Homes Since 2004 in high-growth Gold Coast areas. The Brandon, part of an impressive portfolio, is already 85% SOLD. Guidance for First-Time Buyers and Families Conduct Thorough Research: Understand the local market, including growth trends, supply scenarios, investment opportunities and Government Incentives, such as the First Home Owner Grant and the First Home Loan Deposit Scheme. Seek Expert guidance: Engage with a reputable Sales agent, financial advisors or property developers on the Gold Coast. Embrace Diversification: Explore various property types and locations to cultivate a well-rounded portfolio. Look at Contemporary townhouse living in high growth areas on the Gold Coast in areas such as Pimpama. Timing Is Key : Keep an eye on market cycles and buy strategically. Budget Wisely: Factor in all costs, including stamp duty, legal fees, and ongoing expenses, Speak to an expert if you’re unclear of all costs. The Gold Coast property market offers exciting opportunities for first-time buyers and families. By staying informed, seeking professional advice, and making strategic decisions, you can navigate this dynamic real estate landscape successfully. Remember, property development on the Gold Coast is thriving, and with the right approach, you can secure your place in this coastal paradise. Contact Property Developer Gold Coast, Bos Property today. Speak to our Sales Manager, Stuart Pryce on 0439 797 533 or email stuart.pryce@bosproperty.com.au for valuable insights and housing opportunities.

Look no further than Queensland's thriving property market. With its diverse range of options, favourable government schemes, and promising growth prospects, Queensland presents an excellent opportunity for those embarking on their homeownership journey. Why Queensland? Nestled in Australia's northeastern corner, Queensland boasts not only stunning natural landscapes but also a robust and dynamic property market. From vibrant urban hubs to serene coastal communities and picturesque hinterlands, the state offers a diverse array of settings to suit every lifestyle and budget. Affordability One of the most appealing aspects of Queensland's property market is its affordability, particularly for first-time buyers. Compared to other Australian states, property prices in Queensland tend to be more accessible, making it an attractive option for those looking to enter the housing market without breaking the bank. Government Incentives In addition to its affordability, Queensland also offers various government incentives to support first homebuyers. Programs such as the First Home Owner Grant and the First Home Loan Deposit Scheme can provide significant financial assistance, helping aspiring homeowners take that crucial first step onto the property ladder. Regional Growth Opportunities Queensland's property market is not only affordable but also brimming with growth potential, particularly in regional areas. With infrastructure developments, job opportunities, and lifestyle amenities on the rise, regional centres such as the Gold Coast are becoming increasingly attractive to home buyers seeking value for money and a high quality of life. Navigating the property market can be daunting, especially for first-time buyers. Here are some tips to help you make the most of your home buying journey in Queensland: Define Your Priorities: Determine what you're looking for in a home, whether it's location, size, amenities, or investment potential. Knowing your priorities will help narrow down your search and focus on properties that align with your needs and budget. Research Thoroughly: Take the time to research different suburbs and property types in Queensland. Consider factors such as proximity to schools, public transport, shopping centres, and employment hubs. Attend open inspections, explore virtual tours, and consult with professionals, such as Bos Property Developer in Queensland. Get Pre-approved: Before you start house hunting, it's essential to get pre-approved for a home loan. This will give you a clear understanding of your borrowing capacity and demonstrate to sellers that you're a serious buyer. Stay Informed About Government Schemes: Keep yourself updated on any government incentives and schemes available to first homebuyers in Queensland. These programs can provide valuable financial assistance and make homeownership more achievable. Seek Professional Advice: Consider seeking guidance from a mortgage broker, financial advisor, or Sales agent who specialises in first homebuyers. They can offer expert advice tailored to your individual circumstances and help navigate the complexities of the homebuying process. Contact Bos Property on 0439 797 533 or stuart.pryce@bosproperty.com.au for assistance today. With its affordability, government incentives, and growth opportunities, Queensland's property market presents a promising landscape for homebuyers. So why wait? Take the plunge and allow Bos Property Developers Queensland to craft the lifestyle you’ve always envisioned!