Southport has been crowed Queensland’s top spot for unit sales, dethroning Surfers Paradise for the very first time.
According to the latest property data by InfoTrack, sales in the suburb skyrocketed in the final quarter of last year.
As a result, it saw Southport surge from seventh position to top spot, while Surfers Paradise fell to second after taking the crown in the previous seven reports.
“Southport has well and truly emerged from the shadows of Surfers Paradise as a hotspot for unit buyers in Queensland, securing top position on the list for the first
time,” InfoTrack’s Head of Property Australia Lee Bailie said
“As well as the obvious lifestyle benefits of living by the beach, Southport has much on offer to make the suburb a wise investment choice.
“The area has a diverse economy and infrastructure which contribute to a thriving hotspot for people looking to buy in a suburb where property values are on the rise, and likely to continue growing”.
The nearby Gold Coast suburb of Labrador also finished fifth overall.
“Located right on the Broadwater, Labrador is a great location for buyers because it’s close to Griffith University’s Gold Coast campus and Gold Coast Private Hospital and is a short drive from some of the region’s best shopping destinations,” Mr Bailie said.
According to the report, houses remained the preferred property type for Sunshine State buyers.
About 60 per cent of buyers chose houses, and Pimpama remained a suburb of choice.
“This is the third quarter in a row Pimpama has appeared within the top four suburbs for Queensland house sales,” Mr Bailie said.
“Its strategic placement between the Gold Coast beaches and Brisbane City makes it highly appealing to buyers”.
