Tugun stands ready to welcome those seeking not just a home, but a life enriched by its unique blend of coastal beauty and suburban charm.
In the realm of real estate, few coastal regions hold the promise that Tugun does. The Southeast Queensland town’s journey from hidden secret to sought-after destination is marked by its golden summers, data-driven growth, and promising future projections.
Deborah Pescott, General Manager of Lotteries Commercial and Investments at RSL Art Union, says the area feels like being on holiday all year round.
“Waking up to ocean views and strolling on the beach whenever you want is something special,” she says.
“It’s basically like a permanent vacation with all the comforts of home.”
As the population grows, lifestyle opportunities multiply, and the property values continue to rise, Tugun is fast emerging as the coastal jewel set to be the next sought-after location.
Tugun has the best of what the Gold Coast has to offer.
Plus, with a unique chance to win a $12.6 million dollar Gold Coast apartment complex in RSL Art Union’s biggest ever prize home lottery, find out why Tugun is quickly becoming the beachside town known for luxury, lifestyle, and endless opportunity.
Tugun – a golden opportunity
Whether it’s the lure of a serene retirement or the prospect of starting a new life debt and mortgage-free, Tugun beckons dreamers and realists alike.
“Whether you’re into morning swims, beach walks, or just soaking in the sun, it’s all right at your doorstep,” Pescott says.
“You’re right on the beach… it’s all about that beachfront living, with the sound of waves and breathtaking ocean views from every apartment.”
The apartment complex is direct beachfront with exceptional views. Picture: Hannah Puechmarin
Plus, she adds, with all the activities the Gold Coast has to offer, Tugun offers “a vibrant lifestyle with plenty of entertainment, dining, and outdoor activities.”
Population growth and migration trends
Tugun, once a hidden gem, has been experiencing a steady rise in popularity.
According to Cameron Kusher, Director of Economic Research at PropTrack, the population of the Currumbin-Tugun SA2 region has had a notable 15% increase over the past decade, bringing the total population to 12,486 residents as of 2023.
While short-term projections may show minimal increases, the long-term potential is significant.
Imagine sitting a morning coffee as you take in the sea breeze. Picture: Hannah Puechmarin
Large beachside lots with redevelopment potential are poised to fuel future growth, transforming Tugun into a vibrant and thriving community.
Rental growth and property prices
Tugun’s real estate landscape is witnessing substantial growth, with both property prices and rental rates on the upward trajectory. The allure of Tugun’s beachfront living, coupled with its community-centric atmosphere, is driving demand and increasing property values.
House rentals have surged by 16.2% in the past year, and an impressive 45.8% over the past five years.
Similarly, unit rents have seen a 10.6% increase in the past year, and a remarkable 47.3% growth over the past five years.
Currently, the median rent for a unit is $678 per week, and $860 for a standard house.
The $12.6 million dollar apartment complex consists of four homes in one prize – a double-storey penthouse and three luxury apartments, where the winner can choose to sell, live in or rent out the homes to fund their chosen lifestyle as beachside millionaires.
Become an instant landlord with three apartments and a double-storey penthouse. Picture: Hannah Puechmarin
If rented out, the complex provides an estimated rental income of $369,200 each year, setting the winner up for a life of possibilities as a millionaire property mogul.
“It’s like having options galore!” Pescott says, adding that the prize isn’t “just a home; it’s a whole world of possibilities, from living the dream, to building a financial future.”
Tugun in the next decade: A property mogul’s playground
With migration trends favouring Southeast Queensland and ample redevelopment opportunities along the beach, Tugun is on the path to becoming a property mogul’s playground.
Kusher predicts that in 10 years, property and rental prices will soar, reflecting the growing demand for the unique lifestyle that Tugun offers.
The area is anticipated to evolve into a denser, more vibrant community, adorned with luxurious beachside apartment projects that echo the coastal charm of the Gold Coast.
Australia’s biggest ever prize home lottery: the opportunity of a lifetime
Amidst Tugun’s transformation, RSL Art Union presents an unparalleled opportunity—the chance to win a $12.6 million beachfront apartment complex in Australia’s biggest ever prize home lottery.
“This is a life changing prize. It’s not just one apartment, it’s four of them in a complex, giving the winner so many options. It’s not just a home, it’s a whole lifestyle package!” Pescott says.
Indeed, with direct access to the beach and breathtaking ocean views, the prize includes not just the properties, but a lifestyle of relaxation, ocean views, and endless opportunity.
From a sparkling swimming pool and barbecue area to secure undercover parking for eight cars, this complex embodies the epitome of luxury coastal living.
Apartment complex comes with furniture and appliances. Picture: Hannah Puechmarin
Over $390,000 worth of furniture and appliances are included across all four apartments, as well as rates, water, and body corporate fees are covered for the first 12 months, meaning a worry-free start to a dream life by the beach.
The lucky winner can even use a $2,000 travel voucher to fly the family over to celebrate during the Christmas holidays, with $5,000 worth of presents including a fully decorated Christmas tree waiting in the penthouse.
Supporting a worthy charity
Australia’s biggest-ever prize home lottery is not only the chance to become an instant multimillionaire, but an opportunity to help those in need.
“It’s a wonderful way for people to contribute to the well-being of those who’ve served our country,” Pescott says.
For just $10, your ticket price goes towards helping veterans and families with essential funding, support and programs, with proceeds going back to the charity.
RSL Art Union’s Draw 411 closes 8pm AEST 20/12/23. Drawn 10am AEST 22/12/23.
Terms and conditions apply. For full T&Cs, refer to rslartunion.com.au.