Developers running out of stock in Gold Coast buyer frenzy
Buyers are bidding past the listing price, incentives are out the window for off-the-plan purchases and developers are running out of stock, as the unprecedented frenzy for South East Queensland property shows no signs of abating.
Local buyers have been particularly active at the northern end of the Gold Coast. Photo: Shutterstock (Image source: Shutterstock.com)
Buyers are bidding past the listing price, incentives are out the window for off-the-plan purchases and developers are running out of stock, as the unprecedented frenzy for South East Queensland property shows no signs of abating.
At the epicenter of the Queensland property boom is the Gold Coast, where apartments, townhouses, villas and house and land packages are seemingly selling themselves.
Data from Urbis showed the Gold Coast recorded th…
