admin-ajax.php

Look what’s happening in our property markets – Gold Coast

This is the eighth and last blog in a series about the current state of play in our major property markets based on Australian Property Monitors January Housing Market Report.

I’ve already given a national property market overview, as well as an update on the Sydney  and Melbourne , Brisbane,  Perth, Canberra and Adelaide real estate markets. Today I feature the Gold Coast.

Here’s what Dr. Andrew Wilson of A.P.M had to say about what’s happening:

The Gold Coast housing market continued its steady revival with buyer activity increasing over 2013, particularly over the second half of the year.

The Gold Coast median house price increased by up to 5 percent over 2013 to be just 4 percent below the previous price peak recorded in 2009.

Gold Coast units also recorded a small increase in median prices over 2013, up by 0.5 percent but remaining 13 percent below the previous price peaks.

The prospects are positive for increased prices growth in the Gold Coast housing market over 2014, as the local economy continues to improve and confidence continues to recover.

House prices should increase by between 5 and 7 percent over the year.

qld00

property markets Gold Coast

qld22 qld 33 qld 44

post_ender]



icon-podcast-large

SUBSCRIBE & DON'T MISS A SINGLE EPISODE OF MICHAEL YARDNEY'S PODCAST

Hear Michael & a select panel of guest experts discuss property investment, success & money related topics. Subscribe now, whether you're on an Apple or Android handset.

icon-email-large

PREFER TO SUBSCRIBE VIA EMAIL?

Join Michael Yardney's inner circle of daily subscribers and get into the head of Australia's best property investment advisor and a wide team of leading property researchers and commentators.


Avatar for Property Update

About

Michael is a director of Metropole Property Strategists who help their clients grow, protect and pass on their wealth through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and his opinions are regularly featured in the media. Visit Metropole.com.au


'Look what’s happening in our property markets – Gold Coast' have no comments

Be the first to comment this post!

Would you like to share your thoughts?

Your email address will not be published.
CAPTCHA Image

*

facebook
twitter
google
0
linkedin
0
email

Michael's Daily Insights

Join Michael Yardney's inner circle of daily subscribers.

NOTE: this daily service is a different subscription to our weekly newsletter so...

REGISTER NOW

Subscribe!