Gold Coast Property Investment Overview

Continued population growth and an on-going shortage of land stocks are suggested to be the determining factors in what could turn out to be another strong uplift in values for the Gold Coast property investment market towards the end of 2012.

Research, according to the latest Prodap report - a quarterly vacant land and packaged housing survey for the Gold Coast region - has shown that the coast has only a 9 month supply of land.

A situation such as this is usually a normal pre-cursor to a substantial increase in demand which inturn leads to a significant increase in demand for investment property.

Infrastructure and private investment is rising to meet growing migration. The Queensland government outlines major projects worth almost 8 billion dollars on the Gold Coast and close to 2 billion dollars on the Sunshine Coast, constructed or committed this decade. The Sunshine Coast is still growing substantially but not quite at the same rate as the Gold Coast. There is a lot more infrastructure on the Gold Coast and there are more projects which are creating a lot more work. It all comes back to the migration rate.

The completion of the Tugun Bypass has had a significant impact on the Tweed shire on the southern end of the Gold Coast. In addition the ongoing upgrade of the pacific highway will continue to drive property prices upwards. People are choosing to live on the Gold Coast and work in Brisbane because of the rail and motorway links, so suburbs at the northern end of the Gold Coast such as Helensvale, Carrara and further north to Coomera should see sound capital growth. The biggest issue facing the Gold and Sunshine Coast property markets is similar to the one debated around the nation: affordability.

Currently, an over supply of Gold Coast high rise apartments would suggest a softening in the Gold Coast unit market, particularly apartments in Surfers Paradise, Southport and Broadbeach areas which have the largest proportion of unsold unit stock. As always, ARPP recommends investors stick to house and land in the Gold Coast and Brisbane property markets.

For further information on property investment in Gold Coast suburbs and referral to a local real estate investment specialist Contact Us