SEQ Beachfront Demand Skyrocketing

Category: Tags :

Due to high demand and short supply, the price of Gold Coast's most prestigious suburb is only expected to rise even further.

The beach house suburb of Mermaid Beach has risen 63 per cent in the past five years, with large volumes of sales as well as strong prices. At a median house price of $1.4 million, it is Queensland's third-most expensive suburb behind Ascot and New Farm in inner-Brisbane.

Much of the interest is coming from Sydney with buyers moving away from the softening market to a more secure residence.

Have you thought about how much your suburb has grown in the past five years? Download a free property report to find out.

More Like This

It’s not a secret that there are big plans for Brisbane. With new projects and infrastructure proposals taking place, Brisbane is set...
The South-East Queensland market is gaining momentum from southern buyers. Thirty per cent of sales in the past year were due to...