The Gold Coast is well known for a diversity in property types – from beachside houses and apartments through to villas and townhouses, there are plenty of options to choose from for those looking at buying Gold Coast property. With such a large range to choose from, there are certainly some things to be aware of when buying, whether you are buying to invest or buying to live in.
Popular Suburbs for Buying Gold Coast Property
With over 80 suburbs on the Gold Coast, there are of course some that are more popular than others. If buying as a property investor, there are some great suburbs to invest in, including Hollywell, Hope Island, Palm Beach, Currumbin Waters, and Elanora. The Gold Coast traditionally has a low vacancy rate so it’s a good idea for investors to do their research into properties that suit their portfolio – you can still pick up some really well-priced properties which make good investments.
For homeowners, if you have children, buying within preferred school zones is a big consideration. Doing your research on preferred schools and then looking for homes within that school zone is beneficial. Lifestyle is also another factor when buying Gold Coast property. If a two hour drive to Brisbane for work isn’t for you, you may prefer the northern suburbs over the southern. Similarly, if you are after quiet, family-friendly suburbs, living right in Surfers Paradise may not be the best choice.
Buying Gold Coast Property
Once you’ve found the right suburb, its time to start looking a bit more closely at the homes that are available. If you are buying from interstate and can’t attend inspections, you may like to consider a buyer’s agent who can do the hard work for you. Alternatively, start arranging inspections and attending open homes on the properties that look like they may suit your needs. If you’ve never purchased a property on the Gold Coast before, or if it has been a while since you purchased, you may like to read these tips on what you need to know about buying property in Queensland.
While you are looking for properties, you should also be investigation conveyancing solicitors to look after the sale for you. Not sure what a conveyancing solicitor does? Take a read of our blog on the benefits of a conveyancing solicitor.
There’s plenty of steps involved from deciding to buy to finally getting the keys for your new home. The Gold Coast certainly offers the lifestyle many people are looking for, but make sure you do your research to ensure you’re getting the best deal when buying Gold Coast property.