The Gold Coast market has been a strong performer over the last financial year, capping of six consecutive years of solid growth. The median house price to June 2018 rose 4.84% on last year to $650,000 while units on the Coast rose 1.18% to $430,000. This growth is second to only Noosa as Queensland’s strongest property market, great news for home owners looking to sell, or utilise their equity towards another property purchase.
Myself and my team get a great sense of the Gold Coast Market as a whole and have experienced this positive price movement first hand. Although our office is located in Miami, over the last two years I have sold nearly 100 properties from as far south as Palm Beach/Elanora to as for north as Eagleby and just about everywhere in between. In future newsletters I will be honing in on a few of these different suburbs to provide a more detailed update, however if you have a property that you would like appraised in the meantime, please always feel free to give me a call on 0404 901 465.