Elanora tops list of 2017 Gold Coast property hotspots for unit investing
Elanora takes the equal top spot as Gold Coast's 2016/2017 hotspot for investing in units with an expected increase of five percent over the next 12 months.
The median price at Elanora is currently $375,000, according to APM, in their forecast developed by APM senior economist, Dr Andrew Wilson.
An example would be a two bedroom apartment at 2/10 Daisy Street (above) that was recently sold for $412,000, which is $37,000 above the median price.
The Smart Investor magazine, published by Fairfax Media, ranked Miami, Tugan and Runaway Bay as equal best hotspots.