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08 Feb, 2012
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More vacant residential properties required to service strong current demand.
08 Feb, 2012
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MUDGEERABA RESIDENTIAL IS IN DEMAND
08 Feb, 2012
Our office has received several enquiries recently with genuine buyers looking for residential properties in Mudgeeraba.
It seems there is a move towards the delightful township of Mudgeeraba and perhaps with all the crime reportedly occurring on the beachside of the highway our area has become a safe haven for families.
With excellent schools, shopping centres, restaurants, proximity to the highway and railway Mudgeeraba offers a peaceful lifestyle with no loss of amenities close by. Add to this world class shopping at the Gold Coast’s premier shopping centre Robina Town Centre just five minutes away!
If you have considered selling but need to feel confident that the Agent you choose will understand your needs as a seller then look no further.
Our team at Elders are all locals who live and work in the area. We have a great understanding of the family values that are catered for here in Mudgeeraba and we are keen to be able to show prospective buyers your home…..
4213 Individual Suburb Profile
24 Jan, 2012
The acreage suburb of Bonogin covers an area of 35 square kilometres. 2001 TO 2006 saw population growth of 21%. Households in Bonogin are predominately couples with children and the average age for the area is 40 – 49 years. Over 90% of the homes in this area are owner occupied and the current median house price is $559,000. 2007 saw the most market action with over 140 houses being sold in that year while in 2011 just over 40 houses were sold.
With a mixture of residential and acreage lifestyle Mudgeeraba covers an area of approximately 26 square kilometres with a diversified population. It is interesting to note that with a 20% growth from 2001 to 2006 this was comparable to Bonogin. One fact that differs from the other 4213 areas is the predominant age group which in Mudgeeraba is 10 – 19 years. This indicates there are a high proportion of families with children in this area. Also interesting is the fact that 67% of houses are owner occupied showing a higher level of rental properties in the area. The current median house price in Mudgeeraba is $462,500. Sales in 2003, 2004, 2006 and 2007 were around 315 compared to about 140 in 2011. Once again this demonstrates a downturn in the our industry.
Once again there is a mixture of acreage and residential properties with a higher proportion of acreage properties compared to Mudgeeraba. Tallai covers an area of 14 square kilometres and growth from 2001 to 2006 was 10% which is substantially less than Bonogin and Mudgeeraba. Predominant age group for Tallai is 40 – 49 years. Tallai once again is predominantly owner occupied with the equivalent percentage period being 87.2%. It is more difficult to predict a median price for Tallai due to the variance in property types in the area. Median prices in the past have varied from $500,000 to $5,800,000! 2003 was the boom year for Tallai with 135 houses sold compared to 16 in 2011.
Worongary covers an area of 16 square kilometres and has the lowest growth indicators for the period 2001 to 2006 being 4% during that time. Predominant age group is the same as Tallai and Bonogin at 40 – 49 years with 83% being owner occupied. Median house prices are currently around $500,000 due once again to the mix of residential and acreage properties. 2003, 2006 and 2007 were the best sales years for Worongary with between 140 – 180 houses sold. Just over 40 homes were sold in 2011.