Gold Coast house market outperforming all others: REIQ

Gold Coast house market outperforming all others: REIQ
Gold Coast house market outperforming all others: REIQ

The Gold Coast house market has outperformed almost every region in Queensland over the past 12 months, according to REIQ's latest report.

The area has had its annual median house price grow by 5.8 percent to $575,000.

Only the Sunshine Coast outstripped this market for annual growth.

The Gold Coast market also had a strong quarter, growing 2.6 percent to reach a quarterly median of $590,000.   

The Gold Coast unit market bucked the state-wide trend of falling unit prices, adding 1 per cent over the quarter and 5.5 per cent over the past 12 months.

The continued massive infrastructure and construction programs have attracted workers and been a significant driver of population growth.

A three bedroom house at 13 Bradstone Road, Carrara (above) has been listed for over $579,000, having traded for $460,000 in 2013.

Similarly a three bedroom house at 7 Woolmere Street, Carrara (below) has been listed for $575,000.

Gold Coast house market outperforming all others: REIQ

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Reiq Gold Coast

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