Gold Coast Most In-Demand Suburbs Revealed
From multimillion mansions to first home buyer opportunities, Gold Coast has a lot to offer. Who can say no to the glistering beach views or stunning hinterland? Here’s what you need to know about how the property market has been performing on the Gold Coast.
With the current median price of $2.455m, it’s not uncommon for houses or vacant land to go for three times the amount in this area.
Its current median house price is $980,000 and it’s on the rise, especially for waterfront properties. It’s not a secret that these properties are the ones that can easily fetch the million-dollar price tag.
After experiencing a 3.8 per cent property value increase in the past 12 months – or a whopping 41.1 per cent over five years – Tugun is here for the climb. Now the suburb is commanding a median sales price of $730,000.
This suburb has also been labelled as one of the rising markets on the Gold Coast by reaching a median house price of $500,000.
This area has been in increasing demand with more buyers wanting to move to the area. This is the reason the suburb’s median house price is currently $515,000.
Unlike its predecessors, this area is part of Gold Coast’s hinterland area that’s known for its stunning views. The median house price is currently $607,500.
Thinking of selling? With the current favourable property market conditions, your property has a lot of potential to get a successful result. See it for yourself by download our FREE Instant Property Report.