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Why Bribie Island has become a hotspot for interstate migration

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moreton market place
 Interstate migration is rising in Queensland, with a heavy emphasis on the Moreton Bay region.

The northern Brisbane area had the highest number of migrants coming in from other states, and Bribie Island and its surrounding suburbs had a surprisingly high percentage of net interstate migrants, nearly 10 per cent.

That growth is being driven by an attractive and relatively unique market, focused on retirees and families looking for a quiet and safe spot while still being close to the city.

Jenny and Glenn Murch have made the move from Canberra for exactly that reason.

“When we got to Bribie we found a lot of like-minded people who were early into their retirement,” Ms Murch said. “We wanted to be close to a city, an airport, to a hospital but not right next to any of those.”

“We were looking for a place that would protect us from all that hectic tourism,” Mr Murch said. “And less of the problems that can come up in dynamic and younger communities.moreton market place

“We wanted to step off, and step back. When you cross over that bridge, you’re entering a defined community.”

ABS data shows the Bribie and Beachmere area had 612 people move in from other states last year, which is comparable to Maroochydore and Noosa. Those two bustling seaside suburbs had 684 and 664 people move in, respectively.

The Murches considered moving to more popular coastal areas, but were put off by how “hectic” tourism could be.

“Well we looked around Maroochydore and Caloundra. We felt it was too busy and not exactly what we were looking for,” Ms Murch said.

“We never looked at the Gold Coast at all because it was too hectic,” Mr Murch added.

Comparatively, Domain Group data showed suburbs like Noosa and Maroochydore had much higher interest from buyers outside Queensland.

Noosa had huge interest from out of area buyers in the past 30 days, with 68 per cent of searches coming from outside the state, compared to 46.7 per cent in Maroochydore and 29.8 per cent for Bribie.

However, the estate the Murches bought their block of land in, Pacific Harbour, has seen strong interest from serious southern buyers, QM Property’s marketing manager Annette Mengel said.

“Bribie Island is Queensland’s only offshore island connected to the mainland by bridge, and interstate buyers are amazed that a brand new home and luxury island lifestyle is available just 60 minutes’ drive to a capital city,” she said.

Originally Published: www.domain.com.au

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The best brand new developments in south-east Queensland

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The best brand new developments in south-east Queensland
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Property sales strong as Mango Hill house listed for $1.1 million

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Property sales strong as Mango Hill house listed for $1.1 million

North Lakes is one of the top three outer Brisbane areas where property prices are appealing to more homebuyers, new figures reveal.

It was one of seven suburbs within the greater Brisbane region where more than 400 houses were sold in the past 12 months, according to new figures from CoreLogic.

Caboolture leads the pack with 492 houses sold, with Morayfield close behind with 452 sales.

North Lakes recorded 436 house sales during the period and all seven suburbs had median house ­prices of less than $490,000.

Amanda Pearce from Raine & Horne North Lakes said the area’s attractiveness for families was one of the main reasons people wanted to move here.

“When I’m talking to my clients and asking them why they are looking to move to North Lakes, there is usually more than one reason,” she said.

“They have heard that North Lakes is not just a community but a family and they want their kids to grow up where they can go to school with the same friends.

“More than 60 per cent of the North Lakes population are families with children.”

Ms Pearce said some of her clients were either moving from interstate to get away from city life, or because the suburb had everything they wanted nearby.

She said more than 680 houses, units and lots had been sold since January 1 last year.

“The change in the median house price in 2017 in North Lakes was at plus 3.28 per cent compared to the Moreton Bay region, which was plus 2.73 per cent,” Ms Pearce said.

Raine & Horne’s Adam Ingram said shopping and transport facilities also added to the attractiveness of the North Lakes area.

Matt Goodall from NVRE Agents at Narangba has a house at Mango Hill listed for sale for offers of more than $1.1 million.

He said as far as he knew nothing had previously sold for the magic million-dollar mark at Mango Hill.

“It is the first of its kind at the moment,” he said.

Mr Goodall said the two-storey house was a standout in the street, as it was on a slightly elevated block.

“It has a unique design and certainly won’t suit everyone that comes through,” he said.

Originally Published: couriermail.com.au

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Market Place

Property sales strong as Mango Hill house listed for $1.1 million

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on

Property sales strong as Mango Hill house listed for $1.1 million

North Lakes is one of the top three outer Brisbane areas where property prices are appealing to more homebuyers, new figures reveal.

It was one of seven suburbs within the greater Brisbane region where more than 400 houses were sold in the past 12 months, according to new figures from CoreLogic.

Caboolture leads the pack with 492 houses sold, with Morayfield close behind with 452 sales.

North Lakes recorded 436 house sales during the period and all seven suburbs had median house ­prices of less than $490,000.

Amanda Pearce from Raine & Horne North Lakes said the area’s attractiveness for families was one of the main reasons people wanted to move here.

“When I’m talking to my clients and asking them why they are looking to move to North Lakes, there is usually more than one reason,” she said.

“They have heard that North Lakes is not just a community but a family and they want their kids to grow up where they can go to school with the same friends.

“More than 60 per cent of the North Lakes population are families with children.”

Ms Pearce said some of her clients were either moving from interstate to get away from city life, or because the suburb had everything they wanted nearby.

She said more than 680 houses, units and lots had been sold since January 1 last year.

“The change in the median house price in 2017 in North Lakes was at plus 3.28 per cent compared to the Moreton Bay region, which was plus 2.73 per cent,” Ms Pearce said.

Raine & Horne’s Adam Ingram said shopping and transport facilities also added to the attractiveness of the North Lakes area.

Matt Goodall from NVRE Agents at Narangba has a house at Mango Hill listed for sale for offers of more than $1.1 million.

He said as far as he knew nothing had previously sold for the magic million-dollar mark at Mango Hill.

“It is the first of its kind at the moment,” he said.

Mr Goodall said the two-storey house was a standout in the street, as it was on a slightly elevated block.

“It has a unique design and certainly won’t suit everyone that comes through,” he said.

Originally Published: couriermail.com.au

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