Despite the tightening of bank lending standards across Queensland, there has been an increase in house and land package prices on the Gold Coast – up 5.05%.
The Gold Coast has come out as a star performer, due to rising demand from interstate homeowners and investors.
The annual median house price on the Gold Coast reached a new height of $625,500 in December 2018, following an annual median price growth of 1.4%.
Uncover The Northern Gold Coast Outlook published by MPM Sales & Management below...
But it’s the Northern Gold Coast that shines the brightest – emerging as a rapidly developing residential and tourist hotspot.
The Northern Gold Coast is part of the City of Gold Coast and is known as the northern growth corridor.
It centres around the suburbs of Pimpama and Coomera.
The city is rapidly emerging as a thriving metropolitan city with a dynamic business and cultural scene.
By 2045, the Gold Coast is forecast to reach one million people, with the biggest growth in Coomera, Pimpama, Surfers Paradise, Southport North and the Upper Coomera-Willowvale areas. Given its central geographic location and high proportion of families, children and young people, the Northern Gold Coast is ideally placed for continued growth.