Gold Coast Property Investment

    The Gold Coast property market has finished off the year with record growth, due to many regional buyers not being able to view the homes they are looking to purchase. It is seen that despite the closure of state borders throughout this past year, the market is growing faster than ever with approximately $4.8 billion worth of property citywide currently undergoing construction.’

    Demand is projected to surge quite considerably following the opening of domestic and international borders leading into 2022.

    While affordability is part of Queensland’s attraction, massive growth in Sydney and Melbourne property prices over a prolonged period means southern migrants can afford to buy wherever they like.

    Within Brisbane, southern migrants and local upgraders are favouring premium property in blue chip inner ring areas close to the CBD and/or river.

    While a temporary oversupply of ordinary one and two bedroom apartments persists in Brisbane’s inner city, exacerbated by weakened investor activity, there is solid demand from downsizers for large luxury apartments in the $1 million-plus range in buzzy restaurant and entertainment precincts.

    Australia’s favourite sea change destination is more appealing than ever before, with the Gold Coast amongst the top 10 destinations of all capital city migrants, attracting 19,400 people from the eight capitals, including 8,800 from Brisbane.

    The opportunity to work remotely, set up a home business or take up one of thousands of new jobs is a big drawcard for the Gold Coast and Sunshine Coast, which both have airport access.

    The Sunshine Coast also has strong economic credentials, with the redevelopment of Maroochydore CBD and the Sunshine Coast Airport expansion underway.

    The Sunshine Coast Regional Council is planning light rail by 2025 and a Business and Technology Park adjacent to the new university. Future growth is assured with major infrastructure projects such as the $1.6 billion Second Range Crossing and the $10 billion Brisbane to Melbourne Inland Rail Project set to advance the region.

    South East Queensland property market provides a golden triangle of opportunity today – from the Gold Coast to the Sunshine Coast, including Brisbane and west to Toowoomba. This region offers the best short-to-medium term opportunities for capital growth, as well as the most desirable lifestyle in Australia.

    Amongst the thousands of southern migrants relocating north, there is currently a clear preference for beach side living, with the Gold Coast and Sunshine Coast favoured over Brisbane.

    This has translated into better property price growth in the regions, with house prices rising 4.8% on the Gold Coast and 6.1% on the Sunshine Coast compared to 3.1% in Brisbane over the past 12 months. Property investors have been waiting for this.

    Overview 2022

    Building on the city’s strong performance leading into 2022 and the resumption of migration inflows suggest Gold Coast is positioned for a surge in demand in the next 3 years.

     The extremely low vacancy rate on the Gold Coast as a result of this surge in property demand has meant that this location is excellent for new investment, since rental demand is most certainly strong.

    Looking into 2022 and beyond, areas such as Miami and Surfers Paradise saw radical growth, with a massive 19% and 13% median house price increases respectively. Increasing demand for these areas in 2022 especially as border restrictions are lifted and more people look to buy within these areas in particular indicate that this boom in growth is set to continue.

    How do I get started?

    For further information on property investment and recommended Gold Coast locations and suburbs see our free information pack eBooklet.

    Sydney

    New South Wales, Australia

    Melbourne

    Victoria, Australia

    Brisbane

    Queensland, Australia

    Gold Coast

    Queensland, Australia

    Property Investor Planning

    Australian Property Investor Planning is a property investment company specialising in helping investors to buy new real estate in Australian capital cities.