TUGUN is the king of the Gold Coast castle this spring with droves of beach-loving buyers looking to call the suburb home in time for summer.
The latest data from property listings site realestate.com.au reveals the city’s most in-demand suburbs as the spring selling season hots up.
Southern Gold Coast suburbs dominate the most-wanted list, with the promise of beachside living and value for money.
Tugun was the top location where more buyers viewed, saved, or shared an online listing and made an inquiry.
Tugun property specialist Paul Kearney of Base Property Group – Kirra said interest in the sleepy southern suburb had exploded in the past two years.
“Currumbin, Palm Beach, and Coolangatta have been go-to suburbs over the years, but in the last two to three years people have turned to Tugun,” he said. “Tugun has that village feel and it’s a family-friendly suburb with a shopping precinct, skatepark, and a pathway all the way down to Coolangatta.”
Joelene Seaton and her family moved into a charming three-bedroom house in Tugun in July. The mother of two said Tugun offered easy access to the beach and a growing number of restaurants. Value for money is another key driver in Tugun where the median house price is $685,000 – well below the Palm Beach median of $900,000 and $856,500 in Burleigh Heads.
Tallebudgera was the second most in-demand Gold Coast suburb over the past 12 months, followed by Burleigh Heads, Palm Beach, and Currumbin Waters.
PRD Burleigh Heads principal John Fischer said bigger homes on larger blocks close to the beach made Tallebudgera popular for families. Growing demand has seen the median house price now $909,151.