Oxenford

 

Local Government Authority

Gold Coast 

Location

22kms from Surfers Paradise

Features

Access to Pacific Motorway; 5 mins from train, access to Dreamworld and Warner Brothers Movieworld, proximity to four primary schools and Helensvale high.

Median Price

REIQ research shows that in the 2005 calendar year, the median house price was $348,900

Median Weekly Rent

The median weekly rent paid for a 3-bedroom house in this area in the December quarter 2005 was $280. In the same period, the median weekly rent for a two-bedroom unit was $220.

Commentary

Situated along the 'Brisbane-Gold Coast growth corridor' and a mere 22kms from Surfers Paradise, Oxenford has transformed during the past decade with a significant increase in both residential and industrial developments.

Although once a predominantly rural area, the suburb of Oxenford has attracted residential families and commercial enterprise as a result of its ideal positioning between the Gold Coast and Brisbane, and its proximity to the Pacific Motorway.

A number of new residential subdivisions are either underway or planned for the future.  These include waterfront properties along the Coomera River and lakeside homes at Regatta Waters, a Joint Venture by AV Jennings and Metricon due for completion in 2007.

Acreage properties still scatter the landscape, allowing quiet 'country' living within close proximity to a range of local amenities, together with easy access to the Gold Coast and Brisbane City.

Residents at Oxenford have a slection of nearby shopping complexes to choose from, including Westfield Helensvale Town Centre which was opened in October 2005.

Education is well catered for with a number of existing private and state schools servicing the suburb.  New schools are planned for development within the immediate area to cater for increasing demand.

Home to Warner Bros, Movie World and Wet'n'Wild, and only minutes from other major Australian theme parks, Oxenford has benefited from significant industry investment.  In particular, a significant number of Film and Interactive Media firms have established an industry 'hub' in the vicinity of Movie World.

According to the 2001 Census there were 8,875 people living in the suburb with a median age of 30, compared to the Gold Coasts median age of 38.  The median individual income was between $300 and $399 per week, lower than the wider citys weekly income of between $600 and $699.  Of all occupied private dwellings 53 per cent were either fully owned or being purchased, while 42 per cent were being rented.

Oxenfords steady growth looks set to continue with acreage, residential and riverfront estates providing a variety of property options, ideal for the family market.  The area has become a focal point for local business, providing amentiies, services and jobs that will provide excellent growth in future years.