Investing in Pimpama: The Benefits of Buying Property in Queensland's Hotspot Suburb

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.

Queensland, known for its sunny weather, and vibrant community life, offers a unique blend of urban convenience and natural beauty. For many families, finding the perfect home that complements this idyllic lifestyle is a top priority. Modern townhomes are emerging as a popular choice, providing an ideal solution for families looking to craft a lifestyle they've always envisioned. Here’s why modern townhomes are becoming the go-to option for Queensland families. Space and Comfort Modern townhomes are designed with family living in mind. They offer spacious layouts that maximise living areas, often including multiple bedrooms, open-plan kitchens, and retreats. Unlike traditional apartments, townhomes provide more space for children to play and for families to gather. The clever use of space ensures that every square meter is utilised efficiently, offering both comfort and functionality. Community and Safety Living in a townhome often means being part of a close-knit community. Many townhome complexes are designed with communal areas such as playgrounds, parks, and swimming pools, encouraging interaction among neighbors. This sense of community is particularly beneficial for families, as it provides a safe environment for children to make friends and for adults to socialise. The added security features, such as gated entries and surveillance systems, offer peace of mind to residents. Modern Amenities Contemporary townhomes in Queensland come equipped with modern amenities. These homes often feature contemporary kitchen and bathroom fixtures, ensuring both functionality and aesthetic appeal. Many townhome developments include communal facilities such as recreational centres, swimming pools, and landscaped gardens, promoting an active and healthy lifestyle amongst families. Prime Locations and Accessibility One of the significant advantages of townhome living is the location. Many modern townhome developments are strategically situated close to essential amenities such as schools, shopping centers, healthcare facilities, and public transport. This convenience means families can spend less time commuting and more time enjoying the things they love. Proximity to parks, beaches, and recreational facilities also enhances the lifestyle, providing ample opportunities for outdoor activities and family outings. Low Maintenance Living Modern townhomes are designed for low maintenance living, which is perfect for busy families. Unlike standalone houses that require extensive upkeep, townhomes often include maintenance services for common areas. This allows families to enjoy a beautiful, well-maintained home without the hassle of constant repairs and upkeep. The freedom from maintenance chores means more quality time spent with loved ones. Investment Value Investing in a modern townhome can be a smart financial decision. These properties tend to appreciate in value over time, especially those located in desirable areas. The combination of contemporary design, sustainable features, and prime locations makes townhomes an attractive option for both homeowners and investors. As demand for family-friendly, low-maintenance housing continues to rise, the investment potential of modern townhomes is likely to grow. Guidance for QLD families on Modern Townhomes For Queensland families looking to craft the lifestyle they've always envisioned, modern townhomes present an unbeatable combination of space, comfort, community, and convenience. These homes are more than just a place to live; they are a gateway to a fulfilling and balanced family life. With their modern amenities, sustainable features, and strategic locations, townhomes are paving the way for a new standard of living that resonates with the aspirations of contemporary families. Whether you’re a growing family or looking to invest in a property that offers both comfort and value, modern townhomes in Queensland are a compelling choice. I f you and your family are looking for a contemporary townhome, Contact Bos Property on 07 3807 9544 and allow our team to assist in finding you a new home. With recent developments in Pimpama at The Brandon Residences and upcoming projects such as The Mill Residences.

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!