Gold Coast still delivering Olympian performances
Gold Coast property prices continue to go for gold, with the Olympics just one factor helping median house prices soar past the million-dollar mark.
Gold Coast property investors who bought a year ago are doing cartwheels, but how long can it last? (Image source: Shutterstock.com)
With interstate migration at an all-time high, an undersupply of houses and apartments for buyers and some of the lowest rental vacancy rates the Gold Coast has ever seen, it’s no wonder that median house prices are sitting above the $1 million mark.
Buying a house on the Gold Coast isn’t for the faint-hearted, with SQM Research showing that asking prices for houses are currently sitting at an eye-watering $1,223,496, a fifty per cent increase f…
