Robina Gold Coast City centre of growth
More than a quarter of infrastructure projects planned for Gold Coast City will take place in the Robina region, with new research from Urbis identifying $2.6 billion in public and private investment in the area.
Robina has 13 major projects either planned, complete or underway, accounting for more than 26 per cent of the forecast $9.98 billion infrastructure spend across Gold Coast City.
Division 11, which is centred around Robina, was allocated $12.6 million in Gold Coast City’s latest budget, including $8.27 million towards the next phase of construction of Robina City Parklands, a ‘Central Park’ style sporting, recreation and events hub.
Urbis senior analyst Lynda Campbell said the bulk of new infrastructure investment is geared towards improving transport links, which will further enhance Robina’s connectivity across Gold Coast City and surrounding regions.
“The big ticket items are the $1.03 billion upgrade to the motorway from Varsity Lakes to Tugun, which is due for completion in late 2023, and the $1.2 billion planned railway extension from Varsity Lakes to Coolangatta,” she said.
“To have two major transport projects, which will be transformative for the whole city, centred around the same area is quite significant.
“Robina is the geographic heart of the coastal corridor stretching from Brisbane to Byron Bay, with a catchment of over two million people, and is recognised as a Principal Activity Centre under State Government and City Council Regional Economic Plans.
“It also has the advantage of being governed by the Robina Central Planning Agreement, with pre-approvals on development-ready sites, allowing for faster progress on major projects.
“The significant $2 billion -plus investment in infrastructure supports the region as an established central node for the retail, business and education sectors.”
Ms Campbell said all three sectors will continue to be boosted in Robina over the coming years, with both its population and workforce set to double by 2050.
“The key is to have balanced investment for sustained growth. One goes hand in hand with the other, and by offering opportunities across the board, you create an environment that is appealing to more people,” she said.
“Robina ticks all the boxes with ongoing upgrades to Robina Town Centre, the most recent being a $480 million investment, new $50 million Acuity Business Park and planned $100 million upgrade to Bond University.
“The evolution of Robina is also inspired by ‘legacy’ projects like the $15 million Robina City Parklands, which will become a new destination in its own right and provide an uplift to local property values, which are often bolstered by proximity to open green space.”
Master developer Robina Group continuing to contribute to local momentum
Robina Group is developing the masterplanned $170 million Vue Terrace Homes community, which overlooks Robina City Parklands and is the only terrace home project underway in Robina and one of only a few across Gold Coast City.
Robina Group CEO Hylton Slater said enquiry had been strong, particularly since the announcement of the Robina City Parklands transformation which will incorporate over 20 hectares of public greenspace and amenity.
“Buyers are drawn to the idea of having an expansive ‘backyard’ at their doorstep that they don’t need to maintain, along with the privacy and serene outlook it offers,” he said.
“The fact this is a signature park for the city adds to the appeal, particularly when you couple it with the significant amenity already available and the billions of dollars in additional infrastructure still to come.
“Robina has emerged as one of the most connected and walkable areas of Gold Coast City and that position is certainly set to be strengthened by the multi-billion dollar infrastructure spend planned for this area in coming years.”
Mr Slater said Vue now had brand new terrace homes that were built and ready to move into, with the gated community including resort-style facilities maintained by resident managers.
“Vue presents a rare opportunity for those who want to enjoy improved lifestyle quality now and also benefit from the ongoing growth and momentum of Robina,” he said.
Request a copy of the Urbis Robina Market Outlook report by emailing us or calling us on 55 821 888.