Property Affordability – Gold Coast

Property Affordability - Gold Coast

The Gold Coast is known for its long sandy beaches, famous surfing spots and the laid back lifestyle. While the Gold Coast is known for being a tourist hotspot, many people take advantage of what the Coast has to offer and reside here permanently.

On the Gold Coast the median price to buy a house comes in at a reasonable $556,000. Although this is higher than the Queensland average of $446,000 when you consider all the benefits that come with living on the Gold Coast it is a very reasonable price to pay.

Revamped buildings and new developments on the Gold Coast make it a great location to invest.

As well as the new developments that are constantly arising on the Gold Coast, many buildings are receiving a refresh including $1.5 million dollars allocated to the revamp of Cavill Mall. In total there are 23 projects that are being extended or refreshed.

As with any region, depending on the location you decide to purchase your investment the prices differ. have listed some popular destinations throughout the Gold Coast region along with the median prices to buy and rent houses and units.

Location House Apartment
South Port Buy $575,000
Rent $495 per week
Buy $379,000
Rent $420 per week
Surfers Paradise Buy $1,495,000
Rent $600 per week
Buy $375,000
Rent $400 per week
Broach Beach Buy $1,168,307
Rent $620 per week
Buy $530,000
Rent $450 per week
Miami Buy $713,000
Rent $580 per week
Buy $472,500
Rent $460 per week
Burleigh Heads Buy $786,000
Rent $650 per week
Buy $570,000
Rent $450 per week
Currumbin Buy $860,000
Rent $675 per week
Buy $472,000
Rent $485 per week
Robina Buy $644,600
Rent $580 per week
Buy $435,000
Rent $530 per week

The Gold Coast is a booming location for developers, homeowners and investors. If you are a developer working in the Gold Coast region SSKB Developer Consultancy can help minimise developer risk and increase profit margins.

We work with Australia’s leading developers to bring to life many iconic and landmark projects including high-rise projects. Townhouses, Strata schemes, community title subdivisions, integrated resort communities and mixed-use development schemes.

Click here to get in contact today.