We have worked overtime in an attempt to effectively communicate just how exciting Robina is as an area to invest into. Between mrd staff & family, we have collectively bought seven properties in the Robina area in the past couple of years… and we believe “pay day” is about to come! Please read this Robina Update – Don’t Say We Didn’t Warn You!!
Many of you would have read our article on “Gold Coast Hot Spots” in last Friday’s newsletter. For those who didn’t it is available here. Gold Coast Hotspots.
As you have inquired about properties through mrd recently, have recently purchased or are in the process of purchasing in the area we wanted to rush to you your own special update on Robina; complete with updated details and pictures of the Robina projects we have been involved with.
Bill Morris, author of the Midwood Report was recently quoted in The Gold Coast Sun newspaper, “Home buyers hitting the Gold Coast market can now expect an average 30 per cent increase on their house’s value by the end of next year”. Bill went on to say “the market would start to bounce back and home buyers should purchase before the end of 2009 if they wanted a bargain.”
Defying the global economic crisis, two suburbs stand out and stand up to the test of the current conditions. While property value growth was negligible in most regions throughout 2008 the fundamentals still remain strong for the Gold Coast leading to a very positive outlook for the future. Resurgence in the Gold Coast property market has been tipped by one of Australia’s leading property commentators, Michael Matusik.
- March 27th, 2009 Gold Coast News
THE Robina area has been one of the most active on the Gold Coast, in terms of both new apartment sales and resales in the period from 2002 to the end of 2008, according to research just released.
“We have seen one-bedroom apartments increase from an average of $204,000 in 2003 to $328,000 in 2008..” “Two-bedroom apartments have gone even further from an average of $272,000 in 2003 to $521,000 this year.
“Three-bedroom apartments, meantime, have proven to be the best performers with prices rising from $295,000 in 2003 to an average of $626,000 this year.”
- March 28th, 2009 Gold Coast News
So much is happening in Robina at the moment despite the doom and gloom being voiced.
What’s happening at Robina?
It’s Open!!!!
60,000 people attended to see Stage 2 of the Robina Shopping Centre extension at its grand opening on Thursday last week!!
Stage 1 opened in October 08 and Stage 3 is due mid 2009
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The $300 million extensions to the Robina Shopping Centre include the largest Big W store in Australia, a second Woolworths supermarket (2 in the one shopping centre) and the first Borders book store on the Gold Coast along with Queensland’s biggest Country Road store.
The food court is the size of 5 tennis courts.
Stage 3 will include an upgraded cinema and entertainment precinct along with new restaurants and cafes. That will then make way for a new Myer store to open. Then there will be both Myer and David Jones department stores in the same centre.
Stage 4 and 5 are planned but yet to be released.
Completion of the Iconic “Rocket” building is due in November this year. The commercial space in this building alone is expected to generate 800 to 1000 new jobs.
The nearby Robina hospital is now undergoing its next stage of expansion with $287M being spent over the next 2 years which will create an additional 1100 new jobs for the area.
Major infrastructure changes amount to approximately $1.9 billion in projects either planned or underway. Most of these projects are being undertaken by local and state Government.
In addition to infrastructure spending, the Robina/Varsity Lakes area is a hub of development activity with over $2 billion of commercial and residential development either under construction or in the planning stages.
The ‘burbs’ on the boil for 2009
A DIVERSE mix of suburbs from Oxenford to Murwillumbah has been singled out for its potential for strong positive growth during 2009, in the annual Colliers International Gold Coast and Northern NSW Hot Spots report.
From coastal suburbs Casuarina Beach, Labrador and Tweed Heads, to the inland hamlets of Murwillumbah and Mudgeeraba and development-rich Oxenford, Helensvale, Merrimac, Robina and Reedy Creek, the research identifies 10 suburbs expected to perform well over the next 12 months.
- March 28th, 2009 Gold Coast News
The Acacia Centre Pictures
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For more information – The Acacia Centre Property Page
The Wharf Pictures
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For more information – The Wharf Property Page
Greenwich on Riverwalk Pictures
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For more information – Greenwich on Riverwalk Property Page
St Kilda on Riverwalk Pictures
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For more information – St Kilda on Riverwalk Property Page
Reader Comments
Hi Nick,
We received the booklet in the mail this morning.
I took the opportunity to read it all from cover to cover.
This time, out loud into Mum’s ear.
We are both very impressed and proud of the great work you are doing.
You and your team have reason to be proud of yourselves.
There is so much conning going on giving RE agents a bad name,
even those that don’t deserve it.
If you come up with a good Robina apartment.
In the right place.
That you can recommend.
It could be worth considering.
I guess some of your comments apply to us.
We’ve reached the stage where it’s too late to start again.
So we’ve become very conservative. Maybe a decent property is the answer.
But whatever it is, always remember it will be part of your inheritance.
No mad rush, but let me know what you think when it suits.
Love from us both
Dad.