New apartment prices on the Gold Coast?

I'm looking to buy my first home on the Gold Coast and found this article interesting - apparently there's only two new apartment developments on the GC selling with an average under $400k - with the average price across the city over $800k??

I work around Robina so the Merrimac project (Sage) looks like it could be a good option. Any tips/ advice on that area or the GC market in general? I am looking for a new apartment in particular.

http://www.propertyobserver.com.au/...evelopments-offering-sub-400-000-options.html
 
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