Gold Coast Property Values on the Rise

Gold Coast house values are 5.2% higher over the year ending December 2014, while unit values have increased by a lower 4.7%. In comparison, in December 2013, home values increased by a greater amount, up 7.5% for houses and 6% for units. The number of units sold was 5% higher over the 12 months to November 2014, while house sales increased by 7%. Gold Coast homes are currently selling faster than they were one year ago, with the average time on market for houses down from 85 days in November 2013 to 73 days in November 2014 and units are selling in 92 days, compared to 105 days the previous year.

*Data to November 2014, all other statistics based on data to December 2014

©2015 CoreLogic, Inc. All rights reserved