A NEW suburb has emerged as the property market’s latest hotspot for house sellers and it isn’t by the beach.
The family-friendly suburb of Pacific Pines experienced a 43 per cent increase in the number of houses sold between 2014-15.
According to CoreLogic there were 253 house sales in 2014, rising to 362 the following year with the area coming behind Upper Coomera, which traditionally is first.
Homeowners are taking advantage of the surge in demand with some selling in a few days. Victoria and Glen Wood bought a four-bedroom house on Yamba St in 2014 and had multiple offers after the first open home recently through LJ Hooker Pacific Pines agent Tim Wolff.
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Pacific Pines has emerged as a Gold Coast property hotspot. Photo: Regi Varghese