gold Coast
Australia’s sixth largest city.
The Gold Coast is a metropolitan region with a strong economy in tourism, retail and commercial enterprise.
The senior team at Lewis Valuations + Advisory have completed NDIS, commercial, industrial and residential projects across the larger Gold Coast region.
A significant portion of the 250,000 (net) residents who relocated away from Sydney during the last decade now reside on the Gold Coast, where the median house price is currently higher than 7 of the 8 capital cities.
Experts forecast a property price increase of 3% to 7%, driven by high demand, limited supply, and major infrastructure projects. Population growth and the expansion of suburbs like Broadbeach and Burleigh Heads are shaping the market. Home prices may rise by 3% to 7% compared to 2024, due to ongoing demand and limited availability.
Higher building costs and fewer workers could slow down or stop new projects, possibly reducing new apartment numbers from 1,900 in 2025 to just 50 by 2027.
With houses becoming more expensive, buyers are turning to apartments, which are showing better price growth in areas like the Gold Coast.
The city’s preparation for the 2032 Olympics is creating long-term benefits. Upgrades to roads, public transport, and sporting venues are enhancing the region’s livability. Suburbs like Coomera and Hope Island, which benefit from these changes, are attracting interest from buyers and investors.
Green housing projects are also on the rise. These developments meet the growing demand for sustainable homes, appealing to environmentally conscious buyers.