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Autumn/26
Gold Coast
New Build Apartments
Active pipeline +73%
On the Gold Coast, the average annual pipeline for new build apartments is trending 73% higher than the 5-year average, according to McGrath Research Considering the time taken for development approval, marketing and construction for projects with 6+ apartments and 3+ storeys, the Gold Coast could potentially count a total of 13,939 new apartments across projects to be built by the end of 2029, with an average 3,485 new apartments delivered each year By the end of 2026, an estimated total of 4,576 new apartments are due for completion, this being 24% higher than what was delivered in 2025 Over the 2021-2025 timeframe, 10,070 new apartments were built, averaging 2,014 per year
Total number of new apartments Gold Coast, built or due to be completed
Apartment configurations 53%
New apartments bedroom mix Gold Coast, due for completion 2026-2029
When exploring the configuration of Gold Coast’s new build apartment active pipeline due for completion between 2026 and 2029, 53% of apartments are proposed to be a 2-bedroom apartment, 13% are allocated as a studio or have 1-bedroom and 34% have 3-bedrooms or more, as reported by McGrath Research
Coast, Q4/25
New apartment prices +25.8%
Tracking new apartment average prices Gold Coast, per square metre
The Gold Coast saw significant growth in new apartment prices over the past year, according to McGrath Research New apartment prices along the Gold Coast rose by 25 8% in the year ending Q4/25, with 6 6% being in the past quarter The average new apartment price was $16,100/per square metre (sqm) at this time, as reported by McGrath Research This demonstrates ongoing underlying demand is well outpacing the delivery of new supply Annual new apartment price growth has averaged 15 0% over the past five years
Average Price per square metre
$16,100
Range in new apartment average prices Gold Coast, per square metre
The average price range in new apartments has shifted higher in recent years along the Gold Coast In Q4/25, new apartments ranged in price from $9,500 to $22,000/sqm, with an indicative average of $16,100/sqm Looking back to Q4/20, the Gold Coast recorded an indicative of $8,100/sqm for a new apartment, with the average trending between $3,900 and $12,800/sqm
Tracking average prices Gold Coast Average price $1,288,300
Gold Coast residential property prices have trended higher than a year ago Prices across Gold Coast rose by 11 6% in the year ending Q4/25, with a 4 0% increase recorded in the most recent quarter As a result, the median residential value reached $1,288,300. Residential values shift with changes in interest rates, supply and demand, economic conditions, population trends and local infrastructure which influences market appeal and buyer capacity Annual residential price growth has averaged 14 2% over the past five years
Looking ahead, Regional Queensland residential prices are likely to rise over the coming year McGrath Research forecast Regional Queensland residential property prices to increase by 8% at the end of 2026, followed by a further 6% rise in 2027 Residential price forecasts consider interest rates, the balance of supply and demand, economic conditions, population trends and local infrastructure which shapes affordability, demand and market direction.
Forecast for average prices
Vacancy 1.1%
Gold Coast residential rental vacancy was recorded at 1 1% in Q4/25, falling 20 bps in the quarter and 10 bps over the past year, according to REIQ Generally, around 3% vacancy is considered a balanced market between rental supply and demand Below this equilibrium is considered to be an undersupplied pool of rental homes. Over the past five years, rental vacancy has averaged 0 9% per year
Residential rental vacancy
Yield -12 bps
Gold Coast gross rental yields have trended lower over the past year Residential yields fell 4 bps in the Q4/25 quarter to be 4.01% across Gold Coast, whilst 12 bps lower compared to a year ago A yield pushing beyond 5% is more desirable for investment properties located in regional areas, while below this, tends to show higher property values relative to rental income Gold Coast gross rental yields have averaged 4 31% over the past five years
Gross rental yield
Coast, Q4/25
Average weekly rent $875
Residential rents along the Gold Coast trended above the weekly rate recorded a year ago Gold Coast rents rose 2 3% in Q4/25, whilst increasing 7 4% over the past year, to stand at $875 per week Rent changes are driven by rental supply, tenant demand, migration trends, economic conditions and investor activity which together impact the vacancy rate. For the past five years, Gold Coast rents grew an average 9 8% per annum.
Tracking average weekly rents Gold Coast
Rental outlook +9%
Forecast for average rents Regional Queensland
The Regional Queensland residential market is continuing to experience upward pressure on weekly rents McGrath Research forecast Regional Queensland rents to rise 9% at the end of 2026, with a further 7% rise likely in 2027 Rental forecasts take into consideration new and existing supply levels, tenant demand, population changes, economic conditions and local infrastructure all which can influence vacancy rates, rental pressure and future rental growth
Definitions
Gold Coast
Gold Coast refers to the Gold Coast Local Government Area (LGA) which is a defined geographic region administered by a local council responsible for community services, planning, and local regulations
Northshore
The Northshore region includes the suburbs of Southport, Ashmore, Helensvale, Runaway Bay and Paradise Point, as defined by McGrath Research
Gold Coast Central
The Gold Coast (GC) Central region includes the suburbs of Main Beach, The Spit, Surfers Paradise, Broadbeach and Sorrento, as defined by McGrath Research
Central Beaches
The Central Beaches region includes the suburbs of Mermaid Beach, Miami, Burleigh Heads, Palm Beach, as defined by McGrath Research
New build apartments
