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Sold On Gold Coast: The priciest central suburbs

first_imgMedian house price: $1.375 millionMedian house rent: $695/weekMedian unit price: $445,000Median unit rent: $470/weekAverage days on market: 41.5 days Average hold period: 11 yearsPopulation: 6533Average weekly household income: $1463Median age: 35 Median house price: $1.265 million Median house rent: $698/weekMedian unit price: $370,000Median unit rent: $400/weekAverage days on market: 81.5 days Average hold period: 9.5 yearsPopulation: 23,689Average weekly household income: $1136Median age: 37 Its waterfront location makes Clear Island Waters one of the most in-demand suburbs and also one of the priciest.Clear Island Waters has emerged as one of the most in-demand Gold Coast waterfront suburbs.Oresti Astras, principal of Astras Prestige Property, has sold properties in the suburb for 25 years, many of them on multiple occasions. “It is a relaxed waterfront lifestyle that has some of the widest waterways on the Gold Coast,” Mr Astras said.“The suburb is close to all facilities such as some of the Gold Coast’s finest schools, All Saints Anglican College, Somerset College, St Vincent’s Primary School, Fuji International Kindergarten and Kool Kids,” he said. CoreLogic figures reveal Clear Island Waters has a median house price of $1.125 million and a median unit price of $425,000. The suburb is close to Pacific Fair Shopping Centre and the Robina Town Centre and is next to the Q Super Centre.Mr Astras said buyer confidence had increased since the federal election.“The value has always been there. However, there was a period of indecision. People are now starting to make more positive buying decisions with recent sales of properties that were sitting on the market now sold.” Recent sales activity has been both at the $1 million to $1.2 million mark and also at the $2 million price point in Isles of Istana. “For $1 million to $1.2 million buyers are effectively getting the waterfront house for nothing as waterfront land alone sells at the same price point,” Mr Astras said. “As for the $2 million-plus market, a five-bedroom-plus-study waterfront home in Clear Island Waters is plain good value especially to our southern visitors, evidenced by an increase in interstate sales to Baby Boomers planning to retire.” Mr Astras said the biggest demand was for entry-level or lower-priced waterfront property The most expensive suburbs on the central Gold Coast may not surprise you.THEY are home to the affluent and full of homes many can only dream of.Mermaid Beach, Surfers Paradise and Clear Island Waters were the three priciest areas for the central GC as featured in the Bulletin’s Sold On Gold Coast — the Glitter Strip’s ultimate property guide.Find out what makes these suburbs so popular and why it’s so expensive to buy a house there. MORE NEWS: Live your most glamorous life Mermaid Beach is not only the priciest central suburb, but the Gold Coast’s overall most expensive place to buy a house.Mermaid Beach is considered the Gold Coast’s ultimate lifestyle destination.It is central and beachside yet has a more laid-back vibe than its bustling neighbour Broadbeach.It has an eclectic blend of cafes, restaurants and shops and is adored by locals because of its low-density zoning. Ron London Estate Agents principal Ron London said it catered to all demographics.“Mermaid is a central location, and a diverse mix of people and property styles make it a suburb for everyone,” he said.“(It) is the most eclectic, diverse suburb on the Coast with its mix of entry-level units and multimillion-dollar homes. “(It) continues to evolve as the most desirable residential beachside suburb.”Albatross and Hedges avenues front the beach and run the entire length of the suburb.Hedges Ave is one of the Gold Coast’s most renowned streets.Known as Millionaires’ Row, it is home to some of the city’s most impressive mega-mansions.Traditional shacks in Mermaid Beach are more often selling for premium prices then being bulldozed to make way for million-dollar homes, but bargain buys can still be found. However, Mr London expected it to get harder to buy property in the suburb.“It’s likely the suburb will be in higher demand as I feel that people are making more of a focus on an ‘at fingers tip’ lifestyle,” he said. Mermaid Beach’s popular minigolf course is also a family favourite while Bam Bam Bakehouse is often frequented by celebrities. Source: CoreLogic data to April 2019 Surfers Paradise is a world-famous destination.It is known as the tourism and party capital of the Gold Coast.With world-class night venues, a pumping atmosphere and international events, it is no wonder people descend on Surfers Paradise when they visit the city. Harcourts Coastal agent Tolemy Stevens best described it as “Australia’s holiday playground”. “Spectacular beaches, exciting family holiday environments, world-class retail and restaurants and of course, the night-life make it a truly unique destination,” he said. More from news02:37International architect Desmond Brooks selling luxury beach villa10 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag1 day ago“It’s a wonderful place to live, a pumping tourist destination and a home away from home for anyone seeking the quintessential Australian beach lifestyle.” While tourism and entertainment are big parts of the suburb’s appeal, there is a lot more to it than meets the eye.Mr Stevens said the population included transient tourists and locals who wanted to make the most of its enviable lifestyle.There are generally two types of buyers in the area — those looking for apartments and those who prefer houses in established areas, including Paradise Waters, Chevron Island, Cronin Island and the Isle of Capri. “From your one-bedroom studio apartment to your ultimate grand palatial beachfront properties, Surfers Paradise has enormous diversity that allows anyone in any price range to enjoy everything it has to offer.” He said the area was evolving off the back of the region’s growth.“We are now entering an exciting new phase with more major high-rise developments and cranes in the sky adding to the iconic skyline, as well as a rejuvenation of the mall with outstanding, well-established retail and restaurant tenancies — the future looks bright.” Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:37Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:37 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD432p432p270p270p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenWhy moving to a ‘sister suburb’ can save you money00:37 MORE NEWS: The beach house with a twist Median house price: $1.125 million Median house rent: $850/weekMedian unit price: $425,000Median unit rent: $480/weekAverage days on market: 53 daysAverage hold period: 12 yearsPopulation: 4120Average weekly household income: $1373Median age: 50 1. Mermaid Beach 2. Surfers Paradise 3. Clear Island Waters last_img read more

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Daniels: UW may be better off without Taylor

first_imgAfter the public unveiling of the Wisconsin men’s 2012-13 basketball team Sunday during the annual Red/White Scrimmage, Badger basketball fans may have less to worry about this season than they originally thought.Call me crazy, but maybe expectations should even be raised.With the losses of Jordan Taylor, who graduated last spring, junior guard Josh Gasser to a season-ending torn ACL and senior forward Mike Bruesewitz for four-to-six weeks with a leg laceration, it would have been understandable to expect this season to be a down year. The preseason AP ranking of No. 23 might just have been a bit too lofty an expectation for a ragged Badger team.But if you thought that, as many people have in the past, then you obviously must be unfamiliar with head coach Bo Ryan.In his 11 years at the helm of Wisconsin, Ryan has never failed to make the NCAA tournament – giving the Badgers the seventh-longest appearance streak in NCAA history – sometimes with the most mediocre of teams garnering the most impressive results.Ryan has become famous for his plug-and-chug basketball program and has continued to replace last year’s stars with new ones year in and year out.If Sunday’s scrimmage is any indication, Ryan seems to have proven that he can do it once more, despite this year’s needs being greater than in years past.Generally not an important part of the UW preseason, all eyes were glued to the key matchup between redshirt freshman George Marshall and sophomore Traevon Jackson as they battled for the vacant point guard position.The two young guards didn’t disappoint either, as Jackson finished with 16 points and Marshall finished with 14. In Taylor-esque fashion, Jackson did not turn the ball over, and Marshall only turned it over twice.Now, before I continue, I am by no means arguing their statistics in the Red/White Scrimmage indicate they will put out those kinds of numbers all season. But it does indicate both players are familiar with and capable of executing in Ryan’s system when called upon to do so. While Taylor may have been one of the best players to ever grace the Kohl Center hardwood, it could be argued that the Jordan Taylor of 2011-12 was too talented to play on Ryan’s team last year.Just look at the season-ending play against Syracuse in the Sweet Sixteen of the NCAA tournament.With the final few seconds on the clock winding down and the Badgers down by one to the Orange, Taylor passed the ball to then senior forward Rob Wilson, who immediately passed it straight back to Taylor. With time about to expire, Taylor heaved up a Hail Mary effort that didn’t even manage to touch the rim, leaving Gasser, who recovered the miss, too little time to toss up for one more good attempt.Unfortunately, this was the theme last season, not the exception, as teams knew exactly whom to watch for when the Badgers were in trouble in the waning seconds of a close game.Perhaps even more importantly, even though Taylor had proven himself to be a clutch shooter in his first three seasons and periodically throughout his senior campaign with Wisconsin, he was not the most efficient shooter on the team in 2011-12 by any means.On the season, Taylor had the second-worst field goal percentage among the starting five, shooting just more than a .400 clip. When you isolate his three-point shooting, Taylor’s percentage (.369) ranked third-worst in the starting lineup.Some of the Badgers’ most impressive, balanced scoring runs occurred in the rare moments when Taylor was taking a breather on the bench.And yet, time and again Taylor was the go-to player for a last-second three-point heave.Without Taylor around to toss up the last-second shot this year, things are already guaranteed to be different.I am not arguing that Taylor’s presence on the team won’t be missed. It will. He had the best assist-to-turnover ratio in NCAA history (3.01), an essential attribute for any point guard in Ryan’s system.But as far as scoring is concerned, without one clear star player on the team, the role players who might have settled for a pass to Taylor at the top of the key last year will now be forced to create their own plays this year.At first that might be a bit worrisome, but the vast majority of players that make it onto Ryan’s squad are fundamentally sound and perfectly capable of making that big shot themselves.With a fully stocked senior frontcourt in Jared Berggren, Ryan Evans and Bruesewitz, there will not be immediate pressure on the young point guards to become Wisconsin’s main scoring threats from the first tip, either.So when the first close game of the year comes around and the Badgers are forced to heave up one last buzzer-beating shot at the end of a game, fans might not know who will take the all-important shot. But then again, neither will the Badgers’ opponents.Nick Daniels is a junior studying journalism and political science. Who do you think should take a game-winning shot for the Badgers? Let him know via email [email protected] or on Twitter @npdaniels31.last_img read more

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