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Spotlight on Pacific Pines
TOTAL Research | May 2008 Pacific Pines is the largest masterplanned community on the Gold Coast. The Pacific Pines-Gaven Statistical Local Area had a population of over 12,863 residents as at June 2007, up an amazing 8.9% from the previous year1. In the five years to June 2007, the growth of this catchment has represented a staggering 14% per annum, which is well above most other residential areas, indicating the continued high demand for the Brisbane to Gold Coast corridor.
A combination of educational facilities, a bustling town centre, as well as 68 hectares of open space and parklands makes Pacific Pines the perfect place to live, learn and play. Gently undulating terrain provides a selection of lot styles and views, providing an enviable lifestyle for you to enjoy.
Pacific Pines is just 5km from the Coomera train station and the proposed Coomera super town centre (projected to be larger than Robina on completion), the marine precinct, and 2km from major shopping centres such as Westfield and Harbourtown.
Pacific Pines is part of the booming northern Gold Coast. Following the eight-lane upgrade of the M1 Motorway in 2001 which provide easy commuter access to Brisbane, the area continues to undergo major infrastructure improvements and the development new commercial precincts in neighbouring Oxenford and Coomera and a proposed new TAFE college.
Pacific Pines’ affordable housing and proximity to Brisbane and major Gold Coast locations continues to attract both investors and owner occupiers.
Pacific Pines has seen significant residential property gains over recent years with the median house price of $437,250 showing an11.3% increase over 12 months to December 20072. The median weekly rental for a three bedroom townhome in Pacific Pines and the surrounding suburbs as at March 2008 was $330 an 8.6% per annum increase over the previous year3.
The area attracts mainly working class families which make up 57.2% of the population and a further 29.9% are couples without children4. Ninety-three percent of people are employed4.
1 Source: ABS 3218.0 Regional Population Growth Australia
2 Source: REIQ 3 Source: RTA (based on the 4211 postcode area)
4 Source: ABS Census 2006
Disclaimer: Sale prices, average prices and growth rates quoted above are based on TOTAL Project Marketing’s research using the sources noted. These sources are deemed reliable, but are subject to revision and fluctuating market conditions. This article does not constitute financial advice. Purchasers should undertake their own independent investigations to ensure the product for sale is suited to their own circumstances. | |
