Everybody knows about Surfers Paradise, and what it represents as one of the Gold Coast's most desirable regions. There is however, much more to this city than just the glitter strip, and a lot of newer suburbs are starting to gain widespread recognition for the wide variety of different elements they offer to property buyers in the Gold Coast. One of these is Robina, which is quickly becoming a very popular part of the city.
With the Gold Coast continuing to grow in popularity thanks to its relative affordability compared to the other big cities on the east coast, Robina could well be the next big property hotspot in the state, and in this article we'll take a look at why the suburb is so appealing.
Recent data from Corelogic RP Data shows Robina ahead of the averages for the Gold Coast in everything from average prices to rental rates. As of March 2017, terrace homes and apartments in Robina are worth more than 10 per cent more than in the rest of the Gold Coast. Corelogic Research Director Tim Lawless explains that this price difference has been increasing over the last few years, and doesn't seem set to stop anytime soon.
"This premium indicates buyers place a high value on housing in Robina, which can also be seen in the strong rate of capital gain, with house prices increasing by 5.2 per cent per annum over the past five years. With strong selling conditions supporting further upwards pressure on values, Robina's popularity looks set to continue."
But just what is it that has made Robina such a desirable part of the Gold Coast? The secret lies in the suburb's past. Rather than springing up naturally over a long period of time like a lot of other areas, Robina was carefully planned by Singaporean developer Robin Loh, who purchased the land back in the 1980s.
This careful planning has met that every imaginable need of Robina's residents has been catered for, from Bond University through to the immensely popular Robina Town Centre – one of the Gold Coast's most popular shopping destinations.
This diversity gives Robina a huge amount of appeal to residents of all types. Interested in sport? There are local grounds and teams. An animal lover? Check out the Robina Dogway Dog Park! It's a cliche, but the suburb really promises something for everyone, and we expect to see continued growth over the next few years as more and more people begin to realise that.
For more information on property in the Gold Coast, contact Ray White Surfers Paradise today.