Melbourne investors double down on the perfect Gold Coast property
Melbourne residents Doug and Claire Owens recently secured their second property at Vue Terrace Homes in Robina, after watching the Gold Coast property market outperform interstate locations throughout 2020.
The Owens purchased their first Vue Terrace Home in early 2019 and have been so impressed with their property’s performance they decided to look no further when adding to their portfolio.
Mr Owens, who has worked in the mortgage and finance industry for 30 years, said he believed South East Queensland was on a growth trajectory that can not be matched by other areas, including Melbourne.
“I’d been considering purchasing another investment property since the start of last year and I wasn’t happy with the rental returns offered on properties in Melbourne, so I decided to take another look at South East Queensland,” he said.
“The growth in infrastructure in the region, and particularly the Gold Coast, is impressive and puts it on the right track for a bright future.
“I looked at established dwellings but there was always something that put me off, whether it was the age of the property or location.
“Ultimately my decision to buy again in Vue was based on the strong rental yield achieved for my first property and the fact it has been solidly leased for more than 12 months without any hiccups – I couldn’t be happier.
“I also knew that buying at Vue was a pleasant and stress-free process – the Vue sales team and onsite property management team really looked after me with my first property – and good customer service can’t be underestimated when you have multiple investments to manage.
“The dream is to one day relocate or retire to South East Queensland, so not only is Vue a great investment, but I could also see myself living there with all the wonderful amenities, low body corporate fees and proximity to public transport, shops and cafes.”
Vue Terrace Homes is a gated community completed by master developer Robina Group, with development manager Darrell Irwin saying it has been popular with owner occupiers and investors alike looking for a brand new home that is ready to move into.
Vue is now a complete and thriving community, with zero rental vacancy and a long waitlist of tenants, driven by very strong sales demand from local owner occupiers, and a very low rental vacancy across sought-after Robina.
“We are the only gated community in this region with brand new terrace homes that are complete, allowing for immediate rental returns or a transition to a new home without building delays,” he said.
“Location is a big part of the appeal too, with Robina at the geographic heart of Gold Coast City and one of the most well connected and resourced suburbs in the city.
“Robina has immediate access to the M1 Motorway and Robina Train Station and has the benefit of having a super regional shopping centre, a primary and high school plus a private university and two hospitals all within the neighbourhood.
“The area is known for its abundance of green space and waterways and will soon be home to the Gold Coast’s largest regional park, Robina City Parklands, which is being created by Gold Coast City Council at the doorstep to Vue, offering residents private, direct access to this expansive open space.
Vue’s project sales consultant, Kim Cassidy said, “the past few months of sales in Vue have been incredible. We are now selling our final collection of completed homes, and local buyers who are able to see the finished product are just loving what they see.
“Happy purchasers are moving in daily and the community has really come to life, particularly around the resort facilities.
“If the incredible start to 2021 is any indicator, these brand new homes will not last long, so we strongly encourage people to enquire today.
“We are open daily to inspect from 10am to 3pm, so I look forward to welcoming you soon.”
Find Out More or Inspect our Furnished Displays
The final 3 bedroom plus media homes, each with a private, secure courtyard, are now selling from $639,000.
The Vue Terrace Homes Sales & Display Centre is located on the corner of East Lane and Stadium Drive, Robina. The Sales & Display Centre, together with our beautifully furnished displays, is open seven days a week from 10am to 3pm.
Should you be unable to visit in person due to Covid or otherwise, we also have a range of virtual inspection options available to you.
For more information, call (07) 5582 1888 or click here to contact us.