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Queensland is an investor’s dream

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Imagine waking up and enjoying your coffee with a view of a beautiful sandy beach in the heart of the Gold Coast.

This is the reality for many people who have chosen to join the great migration to South East Queensland, resulting in a surge in demand for property and increased rental returns and passive income for many investors.

In fact, REA data shows that the wider South East Queensland region saw annual growth of 2.1% across all 12 LGAs.

Gold Coast suburbs such as Springbrook have an average of 91 applicants per property, with Stapylton not far behind at 75.

The Greater Brisbane suburb of Bellingbah has 295 potential renters listed per unit, followed by Durack with 177.

The up-and-coming Bilinga Beach precinct is fast becoming an investment hotspot, renowned for its coveted beach lifestyle, laid-back atmosphere and proximity to shops, bars, restaurants and local attractions.

It’s a hidden gem, quiet enough to offer peace and tranquility, yet close enough to the vibrancy of the Gold Coast to satisfy all your recreational needs – truly an investor’s dream.

Just a five-minute drive from Coolangatta Airport on the Gold Coast, Bilinga has seen its median house price increase by 61% in the past five years alone.

This bodes well for investment in the region, where rental potential stands at an astounding 673% compared to the rest of Queensland.

The lifestyle on offer around Bilinga Beach is one of the attractions for investors. Photo: Hannah Puekmarin

Latest figures show homes in Bilinga are seeing an average of 57 applicants for each property, and the area, like its sister city Coolangatta, is fast becoming a popular destination for those looking to escape the hustle and bustle of nearby busier precincts in favour of a seaside lifestyle.

Here’s how you can claim your own slice of paradise in one of the Gold Coast’s most enviable locations, and what you can do with your new investment.

It all starts at just $10

Can you imagine relaxing in tranquility in a five-storey Gold Coast apartment complex just steps from the beach?

Usually it’s just a dream, but thanks to the RSL Arts Union, this could become a reality. Chance to win a $6.6 million mansion For the price of two cups of coffee, you could get $500,000 worth of gold.

“This is a prize whose winner may never have to work again,” Deborah Pescott, general manager of lottery commerce and investment at the RSL Arts Union, said.

Luxury Living

The fifth property features four apartments with two bedrooms and bathrooms each, as well as a two-storey, four-bedroom penthouse with two bathrooms, a powder room and a spectacular rooftop for all your entertaining needs.

There is shared parking, BBQ facilities, a pool and a garden area, perfect for spending cool evenings watching the sunset and the hustle and bustle of the sea.

“It’s totally different than anything else,” Pescott said.

“The complex is right on the beach, has great weather and offers plenty of lifestyle options – it’s truly luxurious.”

The word “luxury” is just the beginning to describe this complex and its interior style.

Luxury is more than just a word to describe the interior style of this Palm Springs penthouse. Photo: Damien Bredberg

As for decoration, the luxury complex is ready to go with $425,213 worth of furniture and appliances already adorning it.

Each residence reflects global style influences including Mediterranean, Scandinavian, Palm Springs chic, New York modern and Moroccan décor, giving you plenty of options to choose which residence will be your dream apartment.

Rental Possibility

Part of the prize will cover the first year of complex rates, water bills and homeowners association fees, so “people can savor their victory over time,” Pescott said.

It is estimated that living in the penthouse and renting out the rest for $166,400 per year could bring in rental income, and renting out the entire complex could bring in $244,400 per year.

Sell ​​and make cash

Instead of renting your new investment, you could of course sell it, and with the total prize money being $6.6 million, that could put a pretty penny in your bank account.

Selling “allows the winner to start living their dream life from scratch,” Pescott said.

The prize also includes the equivalent of $500,000 in gold, which will add to the comfort of your life.

Preserve complexity and enjoy serenity

Want to live your waterfront dreams? It’s no wonder, as the area is close to beaches, cafes, restaurants, shopping, live music and larger areas like Coolangatta and Palm Beach.

With over 300 days of sunshine per year, it’s the perfect place to live a luxurious new lifestyle on the water.

“Bilinga has a great atmosphere, lots of restaurants and cafes and hidden gems like Mount Bilinga,” Pescott says.

“It’s become a really popular dining spot and it’s so close to the hinterland, Brisbane, nature walks and hiking trails.”

And of course, there’s Gold Coast Nightlife for those looking for a vibrant night scene.

Get your tickets and win

For many people, owning their own home seems like a lifelong dream that’s just out of reach, but by entering the RSL Arts Union’s Prize House Raffle you have the chance to make that dream a reality.

“All ticket sales will go towards supporting veterans and their families,” Pescott said.

“Everything we do is aimed at improving the quality of life for veterans, including building community, supporting families and supporting well-being and mental health.”

If you’ve ever dreamed of becoming a real estate mogul, $10 tickets for RSL Arts Union Draw 405 You could win a life-changing chance at $6.6 million.

Terms and conditions apply. Draw AU405 closes 24 May 2023. Draw date: 31 May 2023. Images are accurate to the time of photograph. For more information, visit rslartunion.com.au.

This article was originally published on April 21, 2023 at 3:14 pm but is regularly updated to keep the information up to date.

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