WHY
CHEVRON ONE?

A LANDMARK INVESTMENT IN THE GOLD COAST

Chevron One rises above a new arts precinct on Chevron Island, ideally located in the heart of the Gold Coast. Chevron Island offers a charming village atmosphere, walking distance to sun-kissed beaches, business precincts, major retail, entertainment and cultural venues of Surfers Paradise.

Your investment in Chevron One will benefit from many infrastructure projects now under construction, planned or completed in the Gold Coast, worth a total of $13.5 billion. The median apartment price within the Chevron Island catchment and the wider Gold Coast area have been on an upward trend over recent years.

Strong employment and population growth are forecasted for the Gold Coast, with rental returns and capital growth looking bullish in the decades to come.

WHO LIVES ON CHEVRON ISLAND?

INFRASTRUCTURE

The Gold Coast saw significant infrastructure investment in the lead up to the 2018 Commonwealth Games. This has continued, with multiple projects totalling in excess of $10 billion either now complete, underway or in planning.

GENERAL APARTMENT MARKET

Gold Coast unit prices have reached a “fresh price peak”, with a year-on-year increase of 10.32 per cent, while overall falls in the housing price market have “lost momentum”.

Unit prices on the Gold Coast have risen by 3.95 per cent during the past quarter in 2023, while house prices have risen by 0.36 per cent.

Further information can be found here.

RENTAL ANALYSIS

Units in the Chevron Island Catchment achieve higher median weekly rent prices in comparison to the Gold Coast LGA. Over the past five years weekly rental rates across the postcode of 4217 (includes Chevron Island) have grown by 3.1 per cent per annum for one-bedroom units, 3.9 per cent per annum for two-bedroom units and 2.3 per cent per annum for three-bedroom units.

There are minimal rental apartments advertised in the Chevron Island Catchment area which contributes to the premium achieved across new products. Nearby, Surfers Paradise is dominated by short-term accommodation options to cater to the consistent demand from tourism and contributing to the limited permanent rental opportunities.