Gold Coast outpaces capital city home price growth. Is it sustainable?
Gold Coast property prices have been red hot since the pandemic. CoreLogic data suggests Gold Coast property prices have outpaced every Australian capital city over the past five years. The 80.7 per cent growth in this period is ahead of Brisbane's 71.2 per cent rise to become the nation's second most expensive capital behind Sydney. "It's surprising to see this market has continued to see really strong growth … and a stronger five-year growth rate than any capital city," CoreLogic head of research Eliza Owen said. Read more- https://www.abc.net.au/news/2024-12-09/gold-coast-property-prices-outpace-australian-capitals/104648370