Home prices on the Gold Coast have rapidly increased over the past couple of years, and many homeowners are curious if this is the right time to sell. While no one can predict the future, a few factors indicate that now may also be a great time to buy a home on the Gold Coast. The market is strong and shows no signs of slowing down, interest rates are still low, and developers are focusing more on high-end properties.
If you’re thinking of buying a home on the Gold Coast, now is definitely the time to do your research and get started! Continue reading to learn more about the current Gold Coast real estate market and why now’s the perfect time to buy a property.
The Gold Coast property market is booming, and prices are on the rise
The Gold Coast has always been a desirable place to live, but the property market has really been booming in recent years. The pandemic has dramatically reshaped Australia’s housing market, and the Gold Coast is poised to benefit from this change.
According to the REA Group’s Market Trends March report, the Gold Coast’s housing market is starting to slow down after two years of frenetic growth, with median house prices down in 14 suburbs.
The report found that the Gold Coast remains a strong market, but a little less so than before, with Terry Ryder of hotspotting.com finding that the city’s property market is cooling off.
However, while the Gold Coast market is booming, new construction is underway, which will help to meet future demand and keep prices steady. In addition, the city’s infrastructure is being improved, making it even more attractive to investors and home buyers.
As a result, while the Gold Coast housing market may be cooling off slightly, it remains a strong and desirable place to buy a property.
Mortgage interest rates are still relatively low, making it more affordable to buy a home
If you’re thinking of buying a home on the Gold Coast, now is a great time. Fortunately, mortgage interest rates are still relatively low, making it more affordable to buy a home.
In addition, there are several new developments springing up in popular areas like Surfers Paradise and Broadbeach, giving you plenty of choices when it comes to finding your perfect property.
With its beautiful beaches, world-class dining and ample opportunities for shopping and entertainment, the Gold Coast has something to offer everyone.
So if you’re looking for a place to call home, be sure to consider the Gold Coast. You won’t be disappointed.
Give me a call today, so I can help you find your dream Gold Coast home.
Owning your own home gives you stability and security, which is especially important in today’s uncertain economy
The Gold Coast has always been a desirable place to live, but it has become even more sought-after in recent years. The reason is simple: the Gold Coast offers an incredible lifestyle that is unrivalled anywhere else in the world. From the beautiful beaches to the endless activities and attractions, there is something for everyone on the Gold Coast. And, of course, the weather is perfect all year round!
But perhaps the most compelling reason to buy a home on the Gold Coast is the current state of the economy. In these uncertain times, owning your own home gives you stability and security that renting simply can’t provide. So if you’re looking to buy a home on the Gold Coast, now is the time to act.
It’s an excellent investment – over time, your home will likely increase in value more than any other type of investment
If you’re thinking of buying a home on the Gold Coast, there’s no time like the present. Prices may be high now, but they have cooled down and will only get hotter in the future. So if you buy now, you’ll be ahead of the game.
The Gold Coast is a great place to live – it has everything you could want in a city, plus beautiful beaches and stunning scenery. And, of course, it’s a great investment – over time, your home is likely to increase in value more than any other type of investment.
You only have to look at Southport to see how the market has grown in the last 12 months – Last year, Southport’s 3 bedroom median house price rose by 22.8%, making it one of the top-performing suburbs on the Gold Coast. Moreover, as an investment, it has a rental house yield of 3.83% and a rental apartment yield of 5.09%.
So if you’re looking for a place to call home and want to make a wise investment, the Gold Coast is a perfect choice. And, if you’re looking to buy in Southport or the surrounding suburbs of Ashmore, Labrador, and Biggera Waters, please give me a call.
Contact me to start looking for your dream home today.
