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Wave of new residents snap up Coast property


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A $70 million project opposite a popular Coast beach has had 30 per cent of its stock snapped up by Melbourne and Sydney residents looking for a permanent sea change.
A wave of new residents during the past six months has increased property demand, with Coast firm Cube Developments close to selling out three of its apartment projects.
Beach Life, a $70 million new apartment building near Alexandra Headland Beach, has had 30 per cent of its stock snapped up by interstate buyers.
Apartments at two other projects, Allura Coolum and One Prosperity have all sold.
Cube Developments director Scott Juniper said purchasers from other states have flocked to Queensland off the back of statewide lockdowns. Picture: Supplied. ....

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