M:
Research
Spring/25 Gold Coast Prestige Residential
The Big Picture The wealthy population grew 3.9% in the past year as the stock market outperformed. A stronger economy is forecast despite modest private business investment.
Annual sales are trending lower for the Gold Coast prestige homes, average selling times are taking shorter, while both new listings to market and overall total residential listings are tracking below a year ago.
Interest rate target has been lowered to 3.60% with the Reserve Bank of Australia anticipating a further reduction in next six months.
Gold Coast prestige property prices are likely to gain momentum, with 5% price growth forecast for 2026.
Compared to a year ago, the construction of new residential homes in Queensland was down 0.8% but building approvals were 15.3% higher.
The luxury rental market remains undersupplied and this is reflected in residential vacancy. Over the coming year, Gold Coast prestige rents are likely to remain elevated.