![View from Burleigh Heads National Park in Queensland, Australia](data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 1280 720"%3E%3C/svg%3E)
Gold Coast property prices are expected to surge throughout 2025.
There is another ‘boom’ predicted in 2025 for the Gold Coast real estate market with no slowdown in the local economy or interstate migration.
While the Gold Coast is not expected to be the Queensland standout, Propertyology’s 2025 Property Market Outlook predicts prices in the Glitter Strip to boom 10 to 13 per cent.
Propertyology’s 2025 Property Market Outlook predicts prices in the Glitter Strip to boom 10 to 13 per cent.
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Gold Coast trophy home on triple waterfront block for sale
Propertyology’s 2025 Property Market Outlook graphic. Source: Propertyology, ABS
“A significant portion of the 250,000 (net) residents who relocated away from Sydney during the last decade now reside on the Gold Coast, where the median house price is currently higher than 7 of the 8 capital cities,” the report stated.
“At a development cost of $2b, ‘The Landmark’ 4-tower apartment and hotel project adjacent to Pacific Fair shopping centre is expected to kick off in 2025.
“Despite already producing 90 per cent tail growth over the 5-years ending 2024, real estate on the Gold Coast is expected to boom again in 2025.
“There’s no sign of a slowdown in either its local economy or internal migration.
“That said the luxury market appears to be stronger than the middle-income market, many of whom will have reached their affordability ceiling.”
Kollosche agency principal Michael Kollosche predicted “modest to strong” growth over the next 12 to 18 months.
He said stock levels for quality homes remained tight while demand for apartments was also strong among downsizers, retirees and the interstate market.
“Buyers are prepared to pay strong prices for the right property, in the right location, with the right amenity, quality finishes, and generous carparking ratios,” Mr Kollosche said.
“However, if something is aged, in need of a refurbishment, has compromised view corridors, minimal carparking, average finishes, or missing the mark in areas then we are finding that buyers are being a little harder on their offers at the moment.
A significant portion of the 250,000 residents who relocated away from Sydney during the last decade now reside on the Gold Coast.
“That said, there is market confidence that we will see approximately one per cent in rate cuts over the next 12 to 18 months coupled with an ongoing deficit between new dwellings and net migration in the Gold Coast region, which will be the driver for modest to strong growth over the same period.”
Luxury waterfront apartments on the Gold Coast, Australia
Meanwhile, Townsville, which has finally shaken off the effects of the mining downturn and floods, is poised to lead the nation in house price growth, with the report predicting prices to boom whopping 25-30 per cent.
Sellers on the Sunshine Coast could also cash in, with the region likely to be the nation’s second best-performing property market with growth between 12-16 per cent.
The Propertyology report forecast growth in every major Queensland region, including Cairns (7-11%), Mackay (12-16%), Fraser Coast (5-8%), Toowoomba (9-13%), Bundaberg (6-9%) and Brisbane (7-10%).
Propertyology founder Simon Pressley.
According to Propertyology, the curtain closed on the 2024 calendar year with 25 per cent less supply of homes for sale than 10 years ago, but the national population is now 4 million more than what it was then.
“Housing never goes out of fashion,” Propertyology head of research Simon Pressley said. “Aside from water, it is the most essential commodity,” Propertyology head of research Simon Pressley said.
“In a nation with 1.8 million more jobs now than 3-years ago, everyone should expect plenty of owner-occupiers and property investors to be kicking goals in 2025.”
