Prepare for a real estate revelation! Highland Park, the Gold Coast's hidden gem, is about to shine bright. Despite a decade of quiet growth, this suburb is now poised for a boom, and here's why it's got everyone talking.
Highland Park, often overshadowed by its glitzy beachside neighbors, has quietly been building momentum. With a mere 80 new residents last year, it might seem like a slow starter, but real estate experts see this as a sign of untapped potential.
"It's like a slingshot ready to launch," says Augusta Swayn, a local real estate agent. "The money has been flowing to the more obvious choices, but now, these 'bridesmaid suburbs' are ready to take center stage."
And the numbers don't lie. PropTrack data shows a significant jump in home values, with house prices already up 14.5% since last year, reaching a median of $1.2 million. Savvy homeowners are cashing in, with a renovated four-bedroom home recently selling for $1.5 million.
But here's where it gets interesting: population growth. While the Gold Coast as a whole has seen a 2.29% average increase, Highland Park's 0.92% might seem underwhelming. However, experts argue that this is about to change.
"The population number is key," Ms. Swayn emphasizes. "Once word spreads about Highland Park's livability, it'll be a game-changer. Just look at Reedy Creek and Mudgeeraba a few years back - they experienced a similar surge."
And this is the part most people miss: Highland Park's location. Nestled between the Hinterland and Nerang, it offers a unique blend of coastal living and hinterland charm. With its elevated position and treetop views, it's a nature lover's paradise.
Take, for instance, 21 Ben Lomond Dr., a newly completed family residence designed by architect Brendon Gee. This four-bedroom, three-bathroom home showcases the best of Hamptons-inspired design, with its bright exterior and elegant interior. It's a perfect example of the high-end finishes now making their way into the foothills.
"This is Highland Park's crown jewel," Ms. Swayn declares. "It's the perfect family home, offering both space and style."
So, will Highland Park live up to its potential? Only time will tell, but with its unique location and growing appeal, it's certainly a suburb to watch. What do you think? Will Highland Park become the next big thing on the Gold Coast? We'd love to hear your thoughts in the comments!
