Coolangatta Market Update 2 nd H a l f 2 0 2 6
OVERVIEW In Q2 2026, Coolangatta* (which in this report include sales and rentals for Gold Coast City Council), had a median house price of $1,420,000 and a median unit price of $975,000. This represents an annual (Q2 2025 – Q2 2026) median price growth of 10.5% for houses and 13.4% for units. At the same time, sales decreased by -26.5% for houses (to 1,477 sales in Q2 2026) and -31.5% for units (to 2,049 sales in Q2 2026). This confirms a clear undersupply, which has created a buffer against cash rate hikes in 2026 and supported price growth. Thus, now remain an ideal time for owners to capitalize on their investments. Further, with a small number of new houses planned, buyers need to act fast before prices rise further.
CHANGE FROM LAST
YEAR
FUTURE D E V E L O P M E N T S **
Gold Coast Local Council area will see approximately $7.7B of new projects commencing construction in 2026.
Residential $2.0B
HALF YEAR
Infrastructure $2.2B
HOUSE SALE S
Mixed Use $3.3B
HOUSE ME DIAN PRICE HOUSE RE NTAL PRICE
There is a strong focus on mixed-use projects in the Gold Coast Council area. This fosters economic growth, local job creation, and can drive the demand for more housing stock.
UNIT SALE S UNIT ME DIAN PRICE UNIT RE NTAL PRICE
Although there are multiple residential projects throughout Gold Coast, key residential projects in the Coolangatta area (suburb and postcode 4225) are:
$ MARKET CONDITIONS MEDIAN PRICE Q2 2026
$1.42M
$975K
MEDIAN PRICE Q2 2026
$1,000
SALES
AVERAGE DAYS ON MARKET Q2 2026
49
50
HOUSE
U N I T
RENTALS
$898
•
Radia Rainbow Bay Apartments Coolangatta(38 Apartments)
•
27 & 27A Dixon Street Units (16 Units)
While residential projects may answer some demand, only 6 ready-to-sell stand-alone houses are in the 2026 pipeline. Compared with 1,477 house sales in Q2 2026, it will not be enough. Therefore, the ongoing undersupply is expected to worsen, putting pressure on prices across all property types.
AVERAGE DAYS ON MARKET Q2 2026
13
21
HOUSE
U N I T
3,578 Units/ Apartments
414 Townhouses
6 Dwellings
740 Lots