Jane Dent with daughter, Ashleigh Dent-Goldman, and twins, Cruiz and Maxx, 3, and baby Beckham at Pacific Pines.
HOMEOWNERS Jane and Clive Dent considered themselves lucky to snag a block of land in a new residential estate in Pacific Pines on the northern Gold Coast.
Almost 20 years on, the suburb has emerged as the Coast’s most undersupplied market, with less than 1 in 100 homes listed for sale, and new houses in the pipeline equivalent to just 2 per cent of total housing stock.
Pacific Pines was a masterplanned community of 5800 house lots completed in 2014, after developer giant Stockland acquired the 800ha site in the early 1990s.
The Dents purchased their 833sq m vacant lot at 13 Sangster Cres for $180,000 in 2006 and built a four-bedroom, three-bathroom split-level home.
The family is moving to a dual-living property in the Hinterland
It is one of just 42 houses listed for sale in the suburb from a total of 25252 private dwellings, latest SuburbTrends data shows.
The contemporary property with unique high-end finishes, a games room with bar, and al fresco entertaining area with large saltwater pool is marketed by Ray White agents, Josh Thomas and Mali Stevens, and goes to auction on March 16.
Ms Dent said she poured her heart into the interior design of the family home after securing the block when another buyer’s contract of sale fell through.
13 Sangster Cres, Pacific Pines
The home is going to auction this month
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“We had come from Sydney, and we did our research and we liked the area because it’s got a very nice outlook and it is very family-friendly,” she said.
“Most of the blocks had already been taken, everyone was building at the same time and it was very hard to get in.
“We turned up, actually on a Mother’s Day, and they said, ‘go have a look at this’. We’d been told someone had already taken the block of land but on circumspect it fell through.”
The couple recently purchased a dual living property at Guanaba, where they will live with their daughter, Ashleigh Dent-Goldman, and grandchildren, twins Cruiz and Maxx, 3, and baby Beckham.
Al fresco entertaining
The games room with bar
Mr Thomas said new developments in the Pacific Pines and neighbouring Maudsland corridor had attracted strong interest from local as well as interstate buyers, some of whom were prepared to buy after only a video tour, even since Covid restrictions had lifted.
“People are holding onto their properties more tightly than ever, so when you do get the few properties appear on the market you are obviously going to get a lot of interest in them,” Mr Thomas said.
“There’s been quite a few developments nearby and those have been snapped up very quickly in the last couple of years.
“Some developments were greenfields and they have already been exhausted within 18 months or less, so existing housing stock is therefore in very high demand,” he said.
Family room with a view
The heart of the home
The post How masterplanned community became Coast’s tightest market appeared first on realestate.com.au.