GOLD COAST PROPERTY INVESTMENT MARKET

The Gold Coast property investment market is a unique part of Australia with a great variety of property ranging from absolute beach front, river, canal, golf course and lake front to hinterland acerage properties. These varied choices continue to make the Gold Coast a popular place to live and for investment in property.

Many factors combine to create strong population growth and there are no indications that this will not continue.

Continued population growth and an on-going shortage of land stocks are suggested to be the determining factors in what could lead to upward pressure on property prices for the Gold Coast towards the end of 2012.

Research, according to the latest Prodap report - a quarterly vacant land and packaged housing survey for the Gold Coast region - has shown that the coast has only 9 months supply of land.

A situation such as this is usually the normal pre-cursor to a substantial increase in demand which in turn leads to a significant increase in demand for investment property.

With population growth comes demand for residential accommodation and non-residential development. This continued demand should hold the Gold Coast in good stead going forward.

The Coomera town centre, in the exploding Brisbane-Gold Coast corridor, will eventually be home to almost 70,000-80,000 more than the current population of cities such as Rockhampton. It will service a surrounding catchment area of at least 200,000 residents.

The Coomera centre would feature 100,000sq.m of shops and office buildings and residential accommodation, including medium-rise apartment towers providing residents with views from Stradbroke Island to Surfers Paradise.

The State Government has also earmarked the town centre for an education precinct, including a TAFE college and possibly a university.

The Gold Coast has consistently been one of the fastest growing regions in Australia.

For further information on property investment in Gold Coast suburbs see our free information pack