Source: Corelogic Regional Market Update – a quarterly update of regional Australian Markets March 2015 – released May 2015.
A broad overview of the Gold Coast housing market shows home values have moved 4.8 per cent higher for houses and 3.9 per cent higher for units over the year to March 2015. Annually, home values have been increasing since August 2013, showing an overall strengthening across the market. The number of Gold Coast homes selling has also increased over the year, up 1.8 per cent compared to last year.
Over the year to February 2014, home sales were 35.1 per cent higher across the Gold Coast when compared to the previous year and the fact that these volumes have been maintained and furthermore improved on is a positive indicator of a strengthening market.