Augustine Heights: A Suburb on the Rise for Home Buyers
Augustine Heights real estate is rapidly gaining popularity among home buyers and investors. Read on to learn more!
On the northern end of the Gold Coast, Queensland’s second largest city, the suburb of Arundel is rapidly becoming more attractive because of its growth potential. Why invest in Arundel real estate? There’s no shortage of reasons.
With a prime, central location and proximity to key amenities such as shopping centres, schools, hospitals, beaches, parks, and a mix of residential options, it provides residents and investors with a relaxed, suburban lifestyle while being close to urban amenities.
The area has proven to have a stable, resilient housing market despite national trends. Arundel boasts an increasing housing demand, along with its emerging, surrounding suburbs Parkwood, Helensvale, and Coomera. Because of the ongoing infrastructure development in the area, it’s fast becoming a sought-after location for investment as property values are poised to increase over time.
In this post, we explore just how you can invest in Arundel real estate and get the best of this flourishing neighbourhood.
Arundel’s central location makes it an attractive area for potential residents and investors looking to combine coastal living with convenient connectivity.
Its proximity to major transport links, such as the Gold Coast highway and M1 motorway makes it easily accessible and provides a direct link to Brisbane and other key locations. Because of this, Arundel is an ideal location for those commuting for work or leisure in these areas, along with those looking for high-demand Gold Coast property investment.
What further boosts the neighbourhood’s investment potential is how close it is to key infrastructure within the area, such as Gold Coast University Hospital, Griffith University, Westfield Helensvale along with other shopping hubs in the Helensvale and Harbour Town area. This also provides an exciting mix of retail and dining options. Because of nearby public and private schools, Arundel boasts a reputation as a family-friendly residential area that is set to further grow over time.
Ongoing and future infrastructure projects make it an even more promising area of investment, such as upgrades to the Gold Coast light rail system. The expansion of the M1 motorway has also reduced travel times to surrounding suburbs, such as Helensvale and Coomera. For those looking to call the place home or considering investing in Arundel real estate, upcoming community projects, including parks and recreational facilities add to Arundel’s investment appeal and long-term growth potential.
The Gold Coast Light Rail (source: Wikimedia Commons)
Because of its easily accessible location, Arundel real estate has seen a steady rise in demand along with a consistent increase in median property prices.
This consistent increase in property market trends reflects growing demand for Arundel real estate and market confidence. In the past 12 months, the median price of houses has seen a 9.55% growth with an average annual growth of 11.8%.
This steady rise in property market trends highlights the potential for Arundel as one of the most promising suburbs in terms of long-term capital growth, especially since the broader Gold Coast area continues to expand and develop. What further strengthens Arundel’s appeal is the continuous transport upgrades and development of community facilities within the area.
The area is also made up of various property types, which offer both new and experienced investors eyeing the area with a varied range of choices based on their investment goals. Family homes, for instance, will appeal to potential owners and investors because of the strong rental demand within the area. Aside from this, newer developments and townhouses provide more affordable options.
Arundel does not just appeal to potential occupier-owners, but to investors looking at high, yield rental properties that promise long-term growth.
source: Pexels
Because the suburb is close to educational institutions, recreational facilities, and employment hubs, Arundel is an attractive location for rental property investment.
Arundel’s proximity to Griffith University and the Gold Coast University Hospital makes it an excellent location choice for rental investors targeting students and healthcare professionals. What’s more, the location provides easy access to the M1 motorway and Gold Coast light rail. This makes commuting to Brisbane and other real estate growth areas much easier.
Currently, rental yields for houses are currently 4.39% with an average median rent of $830 weekly. Arundel also promises a family-friendly environment because of the wide range of schools, parks, and recreational facilities. Investing in Arundel is also a good option for professionals seeking a suburban lifestyle with an easy commute to major employment centres.
The Gold Coast is poised for rapid urban expansion, with Arundel positioned at the heart of this suburban growth potential.
This includes the continued expansion of the Gold Coast light rail and upgrades to the M1 motorway, which will ease traffic flow and reduce travel times to the broader Gold Coast region. What’s more, new parks, shopping centres, and recreational facilities are being planned for the future. This will assure Arundel’s place on the map as one of the most appealing real estate growth areas for homebuyers, renters, and investors alike.
Because of the steady rise in the Gold Coast population-–averaging 1.5% annually—the desirability of well-connected, good investment suburbs like Arundel is set to increase over time, too. This increase in population is driven by both international arrivals and interstate migration. With its diversity and unique mix of suburban living and urban conveniences, there’s no doubt Arundel will become an increasingly popular choice for those looking to move to or invest in the high-potential investment suburbs.
source: Unsplash
Choosing the right type of property for investment is crucial. If you’re an investor whose goal is capital growth, homes in well-developed, family-friendly areas of Arundel would be good options to choose. This is because, over time, investment suburbs such as Arundel appreciate steadily in value.
For those looking to invest in Arundel rental properties, a key area to look is around major employment hubs like Gold Coast Hospital and Griffith University, where the population of students and professionals could potentially drive a strong demand. And for those interested in properties with development potential, there are newer areas with subdivisions or plots of land that can be capitalised on to make the most of the suburb’s ongoing and future growth potential.
In order to make informed and sound real estate investment decisions, be sure to reach out to real estate professionals like Ray White AKG. With the help of experienced agents, you can easily identify properties with the highest potential and leverage market trends to your advantage. Choosing to collaborate with the right real estate agent for your needs can assure that you make smart investments. They can also keep you informed on future developments and property market trends to make sure your purchase aligns with your long-term goals.
Arundel’s strategic location at the heart of the Gold Coast region, along with its rising property values, ongoing infrastructure development, makes it an appealing choice for property investment. With a strong demand from families and professionals, steady rental yields, and long-term growth potential, Arundel is poised for continued growth and success in the real estate market. So if you’re seeking capital growth, rental income, development opportunities or simply an idyllic place to call home, then investing in Arundel should definitely be on your radar.
To learn more about how to invest in this promising suburb, visit our property investment services page and get in touch with our team of experts today.
About the Author
Avi Khan, Group CEO and Principal
Avi has lived and invested in Brisbane for the last ten years, and has developed a strong understanding of the area. He is the Group CEO of Ray White Daisy Hill, Ray White AKG, Ray White Brookwater, Ray White Greater Springfield and Ray White Marsden. Avi also heads up our Ray White AKG Commercial arm.
Augustine Heights real estate is rapidly gaining popularity among home buyers and investors. Read on to learn more!
Whether you’re a homebuyer, investor, or just keeping an eye on the market, here’s a detailed look at where real estate is booming in Australia.