8 5525 3595 | 0417 634 795 www.idealpools.com.au Qld Lic No: 1028908 Expert Pool Builders Gold Coast We Design We Innovate We Create Family Owned & Operated Gold Coast Pool Company With Over 30 Years Experience. DEAL DIRECT & SAVE! With 2023 closing to a successful end, we are thrilled to be entering a prosperous 2024 offering premium sale prices and positive experiences. The last five years has seen a significant enhancement in the northern Gold Coast residential property sales market, with the last 12 months contributing appreciably to both the median sale price, number of properties sold and days on market. Pimpama saw the largest number of residential property sales in the recent 12 months – an exceptional 603. Comprised of 91 unit sales and 512 house sales, impressively, the average days on market sits at a low 20. In the last five years, Pimpama has seen a phenomenal 70.3% increase in its median value, 9.7% constituted from the last 12 months alone. Following in Pimpama’s footsteps, the median value in Ormeau has risen by 68.8% in the last five years. The last 12 months made a remarkable contribution with 324 property sales and a 10.8% increase in the median value. In addition, with 96 property sales, Ormeau Hills inflated its median value by 8.8% in the past year, and a collective 63.3% in five years. Both Ormeau and Ormeau Hills also share a low average of 20 days on market. Finally, Jacobs Well, a quaint fishing village situated just 10 minutes from the highway amongst the cane fields, is no longer a secret. Out of a property population of just 1126, 87 homes were sold in the previous 12 months, stemming an immense 15.8% surge in the median value. Jacobs Well houses are valued 88.8% higher than they were just five years ago, and despite sharing a higher number of average days on market, the results will never disappoint. Collectively, the suburbs of the northern Gold Coast have all experienced a tremendous increase in value, alongside favourable market conditions. Based on the last 12 months, there’s been no signs of slowing yet! If you’ve been thinking of selling, or would simply like an updated appraisal, find out what your home is worth by reaching out to your Area Specialist team today. Belinda Beekman & Donna Scheel – Locals of 22 years - Your Local Real Estate Agents with over 500 5-star client reviews
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