Lockdown triggers spike in Melbourne enquiry

Crisp bluebird days and mild temperatures make winter a magical season on the Gold Coast and our friends in southern states know it.

Kollosche agents report enquiry from Melbourne and Sydney has picked up as the mercury drops and the prospect of another long, gloomy winter sets in.

The recent round of lockdowns and restrictions in Melbourne has also triggered fresh interest in Gold Coast real estate as residents take action on their desire for more space, sun and surf.

That interest is predominantly focused on new and established apartments, with many looking for a lock and leave escape to test the waters with a view to relocating longer term.

Last weekend a Melbourne-based couple approaching retirement signed an expression of interest on a half floor, three-bedroom apartment inside Infinity Broadbeach.

Now under construction on the corner of Surf Parade and George Streets, right in the heart of Broadbeach, residents-only Infinity will deliver 60 spacious apartments over 39 storeys.

The size of the apartments  – the largest on the market in Broadbeach, at 216m2 for a half floor and 432m2 for whole floors – holds major appeal for our city buyers.

An additional three contracts were signed on Infinity apartments last week, at prices ranging between $1,500,000 – $1,800,000.

The lifestyle benefits of the location also sealed the deal, with residents able to walk to the beach, cafes and restaurants, The Star Casino and Pacific Fair Shopping Centre.

Interstate interest, low stock levels and low interest rates are set to fuel ongoing momentum in the Gold Coast market as we move into what is seasonally a quieter period for property.

While the FOMO-fuelled frenzy which drove rapid price growth during the first few months of the year has settled down somewhat, demand for quality homes is yet to subside.

Our team is here to help so please reach out to discuss your real estate goals at any time.