Gold Coast back on track, finally

By |

The Gold Coast property market has recorded its strongest annual increase in home values since May 2010, according to RP Data’s latest Gold Coast market update.

RP Data research analyst Cameron Kusher said recent recovery across the region’s property market is a welcome change for home owners and investors.

“Back in 2007, lifestyle markets such as the Gold Coast were the worst hit. While recent capital gains results across the region are encouraging, dwelling values on the Gold Coast still remain 9.3% below their January 2010 peak,” Kusher said.

Report highlights include:

• Gold Coast dwelling values up 2.1% (house prices increased 3.3%, unit prices decline 3.1%)

• The average time on market for houses has fallen from 113 days last year to 96 days at August 2013

• Average time on market for units in August was 113 days compared to 127 days for the same time last year

The top five suburbs for sales based on Houses included:

• Upper Coomera – 269

• Robina – 265

• Helensvale 252

• Ormeau - 242

Can you afford to buy in this suburb? Find out how much you can borrow

Top Suburbs : alderley , woolloongabba , menai , cardiff south , coorparoo

go back

Get help financing your investment

Do you need help finding the right loan for your investment?

When investing in property, it is important to make sure that you not only have the lowest available rate that you can get, but also have the correct loan features for your needs.

Just fill in a few details below and we'll then arrange for a local expert Aussie Mortgage Broker to contact you and work out what features or types of loans are right for your needs. We'll even help with the paperwork. Plus, our mortgage broking service is at no cost to you.

How soon would you like a mortgage?
What is your Annual Household Income i $
Do you currently own any Investment Properties?
Do you own your own residence?
How much equity do you have in all your current properties?
First Name
Last Name
Where do you live?
What number can we reach you on?
E-mail address
We value your privacy and treat all your information seriously - you can check out our privacy policy here