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With the highest employment-to-population ratio outside of our capital cities, the Gold Coast is attracting a growing number of Sydney, Melbourne and overseas residents enticed by the opportunities, lifestyle and affordability on offer. A trend for high quality, luxury apartments has created high demand and low supply resulting in extremely low vacancy rates which sit at 1.2% – October 2021 compared to Sydney 3.5% and Melbourne 2.7% for the same period.
The Gold Coast now acts much like a major capital city while offering considerably better affordability, demonstrating significantly stronger market fundamentals and providing greater investment returns.
The Gold Coast is the 6th largest significant urban area in Australia. Recent Gold Coast population growth in percentage terms has surpassed that of all capital cities by a notable margin.
The region boasts an economy worth $38 billion, having grown by around 34% in the previous ten years.
A strong pipeline of infrastructure investment in excess of $25 billion including major transport, healthcare and entertainment precincts.
In recent times, the Gold Coast economy has been generating more than 10,000 new jobs per year on average. Since 2018, the Gold Coast has seen an increase of +31,100 jobs in 3 years.
The median apartment price in Melbourne and Sydney was 17% and 45% respectively more expensive than the Gold Coast for the year to November 2021.
At 1.2% the Gold Coast residential vacancy rate represents an exceptionally tight and undersupplied rental market.
Apartment rental yields were at 5.6% as of October 2021, significantly higher than those being achieved in Sydney and Melbourne has both fallen to record lows of 3.4%.
Low vacancy rates have led to an incredible 22% year on year growth in weekly rents on the Gold Coast. Renting on the Gold Coast is now more expensive than in Melbourne or Sydney.
Consistent growth across the previous 10 years has seen Gold Coast median apartment prices rise by more than 50% at an average of 5.6% per annum.
Renowned for some of the most spectacular, iconic beaches and surf breaks in the world
Impressive range of luxury shopping, fine dining, entertainment and leisure offerings
Major theme parks including Dreamworld, Sea World, Movie World, Wet ‘n’ Wild
Major events including Quicksilver and Roxy Pro surf competitions, GC 600 v8 Supercar Championships and the Australian PGA Golf Championship
260km of accessible waterways offer activities including fishing, swimming, water skiing and kayaking
Walking trails, lookouts, waterfalls, swimming holes, wineries and cafes throughout the 1,000km² of World-Heritage listed rainforest and hinterland areas
From humble beach shacks to high-rise apartments, see how this tourist mecca and rich-lister city has transformed over the decades and where it's heading.Read more
The sixth-largest significant urban area in Australia, the Gold Coast boasts the fastest growing level of economic output in the nation. Over $25 billion in infrastructure investment will continue to transform the region into a globally competitive city dedicated to business and employment growth for at least the next decade.Read more
The Gold Coast recently recorded its highest ever weighted average sale price for apartments, and according to Urbis group director Clinton Ostwald this has been driven by the sales of premium apartments to downsizers looking for an upgraded, low maintenance lifestyle.Read more
Situated at the southern end of the Gold Coast, Kirra is best described as a perfect little beach haven, that offers residents the peace and tranquility of a coastal town with the convenience of major city infrastructure.Read more
Buying property is likely the largest purchase you will ever make, so it's important to weigh up the pro's and con's of all options, to ensure you get the right fit for you and your lifestyle. Here's some tips to consider when looking to buy property off-the-plan.Read more
As the 6th largest ‘significant urban area’ in Australia, the Gold Coast now acts much like a major capital city, where the transition away from a pure reliance on industries like tourism and construction has created a more sustainable economy.Read more
Hot on the heels of its best-selling Bela by Mosaic in Mermaid Beach, Mosaic Property Group’s second Gold Coast release in Kirra is near sell-out after just four weeks.Read more
Channel 7 News Gold Coast - Breaking ground on a record-breaking project. Before the sod was even turned, Bela by Mosaic was turning heads dominating the local Gold Coast residential market.Read more
Bela by Mosaic has been named the Gold Coast’s top selling off-the-plan Gold Coast project for the June 2019 quarter in the latest Urbis Apartment Essentials report. This follows a strong sales performance in the March 2019 quarter where it ranked 2nd on the Gold Coast and 5th in Australia.Read more
Brisbane-based, privately-owned Mosaic Property Group has delivered two of Australia’s top 10 sales results for off-the-plan apartment projects, according to Urbis’s latest Apartment Essentials report, the country’s most comprehensive new apartment market survey capturing sales and supply data across five cities.Read more