Why is the Gold Coast property market growing?
The Gold Coast Bulletin published a series of articles dealing with Gold Coast’s property market. The key takeaways are that the ongoing lead-up to the 2018 Commonwealth Games, a major effort by local authorities to reduce crime, a better road infrastructure and the booming tourism industry have resulted in an increasing demand for property on the Gold Coast. Just 0.9 per cent of the city’s stock of properties for rent is available — a record low that is gold for landlords. In comparison with other cities, the current CoreLogic Home Value Index indicates that median house values on the Gold Coast have outperformed Sydney and Melbourne by 5.3 per cent.
Please read the full Gold Coast Bulletin articles here: