Hope Island Property Market Data 2020

You would expect anticipation to be fairly high when travelling to a place called Hope Island and this destination doesn’t disappoint. But rather than being named after the positive emotion, it actually borrowed its name from a colonial aristocrat Captain Louis Hope who was granted land at the mouth of the Coomera River in recognition of his sugar industry contributions.

Hope Island is positioned on the northern Gold Coast, a short distance from the Pacific Motorway. It has a marina, shops, restaurants, theme parks, schools and three golf courses within close proximity and is home to the upmarket Hope Island Resort and the neighbouring Sanctuary Cove. Community facilities include a harbour front dining/shopping precinct, deep water mooring facilities and luxury housing. Golf buggies are a popular form of transport within Hope Island Resort and Sanctuary Cove. A buggy path linking the two resorts has been completed by Gold Coast City Council, allowing the residents to access each other’s’ resorts.

Hope Island is serviced by many transport options for both local and inter-city commuting. It is located adjacent to the M1 motorway connecting it with the rest of the Gold Coast and Brisbane, as well as 20 minutes from the Coomera railway station with regular direct services to Brisbane city and airport.

The Hope Island Marina Shopping Village is a tropical style, waterfront, open-air shopping and dining centre located on the Hope Island Resort Marina. Its major tenant is Coles, along with a number of specialty stores as well as waterfront cafes and restaurants. There is also a large medical centre, optometrist practice and pharmacy. There are smaller shopping areas at Hope Island Central and along Hope Island Road including veterinary clinics, child care facilities, shopping, and services. Another recently completed buggy path allows Hope Island Resort residents easy access to the commercial area and dining precinct within Sanctuary Cove, as well as the Intercontinental Hotel and other facilities.

Nearby is Hope Island’s more laid-back neighbour, Jacobs Well which was actually named after its freshwater waterhole which has been luring thirsty travellers since the mid 1800s. A quiet fishing village which sits near the mouth of the Pimpama River, it is considered the gateway to southern Moreton Bay and is just a short boat ride away from the Gold Coast Broadwater and Southport. But with waters teeming with flathead, whiting, tailor and bream, and no bridges in this coastal channel, this place is all about the fishing which is enough to bring hope to the heart of any ardent angler.

(Information from Wikipedia and destinationgoldcoast.com 24th February, 2020).

Property Market Statistics in Hope Island.

The level of competition in a suburb can affect prices and availability.

Supply and Demand

•  
• 274 – Visits per property in Hope Island (average)
• 411 – Visits per property in Queensland (average)

Median House Prices

• Buy – $855,000 (Price data last updated 5th February, 2020)
• Rent – $670 PW (Rent data last updated 25th February, 2020)

Median Unit Prices

• Buy – $470,000 (Price data last updated 5th February, 2020)
• Rent – $480 PW (Rent data last updated 25th February, 2020)

Lifestyles and Demographics of Hope Island.

The lifestyle of a suburb is often influenced by who lives there.

• 19.1% Older Couples & Families
• 18.5% Established Couples & Families
• 14.2% Elderly Couples
• 9.7% Elderly Singles
• 9.2% Older Independence
• 8.8% Maturing & Established Independence
• 8.4% Maturing Couples & Families
• 8.0% Independent Youth
• 2.5% Elderly Families
• 1.4% Young Families

(Information from reaalestate.com.au on the 27th February, 2020)

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