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Research
Winter/25 Gold Coast Prestige Residential
The Big Picture Amid global uncertainty, recent interest rate cuts have helped sustain economic momentum, prompting most lenders to adjust mortgage rates, with further reductions anticipated on the horizon.
Favourable with luxury downsizers, prestige apartments have driven recent price growth on the Gold Coast, though overall residential pace of growth has eased with more sustainable growth likely over the coming year.
Similar to the performance of the stock market, the volume of prestige sales kicking off the year was off to a slower start on the Gold Coast, although this is expected to pick up with a more favourable lending environment.
Although limited new luxury supply has been keeping prestige rents elevated, as the market catches it’s breath following double-digit growth, rental growth is now expected to be at a more maintainable rate.