Five properties you can buy in Queensland under $495,000
There's a lot going for the South East Queensland property market, well before the announcement of the 2032 Olympics.
Queensland's handling of COVID has seen a number of southern state dwellers move north, buying apartments from Brisbane up to the Sunshine Coast.
There's expected to be further demand in 2022, when international travel opens up and local and international investors get back in to the market.
There was a 20 per cent rise in of new loan commitments by investors in Queensland in the 12 months to March 2021.
Urban has had a look at the best buys across South East Queensland, all under $495,000.
1. Estilo on Kittyhawk
Address: 91 Kittyhawk Drive, Chermside QLD 4032
One-Bedroom apartments from $299,000
Apartments in Estilo on Kittyhawk, the second tower in the three building development in Chermside, north of Brisbane and developed by Gardner Vaughan Group, have been released.
The first tower in the project has finished construction and is sold out.
The family-ran developer are luring investors to the second tower with a $25,000 developer grant, as long as the purchasers pay a $25,000 deposit.
Situated right on Marchant Park, Estilo on Kittyhawk sits across the road from Westfield's premier shopping centre and is just over 10 minutes from the airport.
2. The Mill
137 Eugaree Street, Southport QLD 4215
One-bedroom apartments from $485,000
The Mill presents a collection of 27 spacious apartments, thoughtfully designed to appeal to those who value quality, luxury, space and design.
Developed by PSA Group and designed by BDA Architecture, don't miss the opportunity to live a life of opulence surrounded by everything you need right at your doorstep.
Queen Street Village, a $550 million integrated masterplanned community is already taking shape and once complete will be within walking distance. It will feature an urban village with retail, dining and entertainment, as well as commercial office space, a medical centre and cinema.
3. Regal Residences Imperial Square
Address:59-73 Meron Street, Southport QLD 4215
One-bedroom apartments from $364,000
Gold Coast developer Azzura have fast-tracked construction of Regal Residences, the first stage in their $2.3 billion Imperial Square development in Southport.
Also featuring 200 hotel suites, local construction company Descon Group Australia is on the job.
Already around half of the 145 apartments in Regal Residences have sold, with Azzura's sales director Jason Paris pinning the strong sales on the pent-up demand for new product in the city’s CBD hub.
Regal Residences will also include a range of commercial spaces on completion, rooftop bars, and amenities such as rooftop infinity pool, steam room, sauna, gymnasium, spas, zen garden, BBQ and a residents lounge.
4.The Coterie
Address: 365 St Pauls Terrace, Fortitude Valley QLD 4006
One-bedroom apartments from $383,880
Vicland Property Group’s two breathtaking apartment buildings at Fortitude Valley offers a modern-day sanctuary in an energised urban village.
A prestigious collaboration by Rothelowman and LU Simon delivers residents a range of versatile, open-plan designs and luxury lifestyle offerings.
Preserving the history of the site, the Coterie integrates an original heritage bakery façade and feature a ground-level retail presence.
Residents will also have access to crafted social spaces that come together as two indulgent rooftop retreats, featuring an alfresco dining pavilion, rooftop pool, garden lounge seating and sun decks.
5. Ocean
Address: 84 The Esplanade, Surfers Paradise QLD 4217
One-bedroom apartments from $425,000
The Meriton-developed Ocean at Surfers Paradise will soon be the tallest high-rise in the area, standing at 252 metres and 76 levels, therefore there will be a number of the higher apartments which look down on every building in the popular Gold Coast tourist hotspot.
Each of the SJB-designed apartments are complete with floor-to-ceiling windows, made to take full advantage of its iconic beachfront views.
Properties are available in a selection of one, two or three-bedroom apartment configurations, with one beds starting from $425,000. Prices over the last six months have ranged from $450,000 to $1.4 million.
