Gold Coast property prices are rising as dozens of suburbs post huge quarterly growth – realestate.com.au

Property marketing on the Gold Coast is still on the rise, with dozens of suburbs recording growth of more than five percent in the December quarter, pushing house prices up by hundreds of thousands of dollars in some areas.

Exclusive PropTrack analysis revealed that prices rose 12 percent in the Glitter Strip’s top-performing market last quarter, while 46 unit and housing markets recorded growth of five percent or more.

SEE WHAT YOUR NEIGHBORHOOD IS WORTH

58 O’Grady Drive, Paradise Point is for sale at an offer of over $2.88 million.

---

Baltimore at 46-48 Royal Albert Crescent, Sovereign Islands, is located in Paradise Point.

---

First place was taken by Paradise Point’s housing market, where the average value increased by $230,000 over the past three months from $1.96 million to $2.19 million.

In second place was the property market in Surfers Paradise, where prices rose 11 per cent quarter-on-quarter, followed by the housing markets in Jacobs Well and Labrador, which both rose by nine per cent.

10 Sundown Place, Jacobs Well has a price guide of $2.15 million – $2.2 million.

---

The housing markets in Lower Beechmont, Maudsland, Oxenford and Pimpama all recorded growth of eight per cent during the quarter, while the unit markets in Ormeau, Helensvale and Nerang also recorded an increase of eight per cent.

Over the past 12 months, the biggest gainer has been the housing market in Jacobs Well, rising as much as 23 per cent.

Houses in Maudsland, Oxenford and Willow Vale, and homes in Nerang rounded out the biggest growth areas, up 22 per cent over the year.

MORE NEWS: Lachie Neale’s marriage breakdown leaves questions about family home

The most searched property terms in Australia

Shock Australian cities facing LA-style firestorm

492 The Esplanade, Palm Beach is up for auction.

---

Only one Gold Coast suburb fell in value during the quarter, with the Currumbin housing market down 1 per cent from $2.04 million to $2.03 million.

PropTrack economist Anne Flaherty said the majority of the country’s fastest-growing suburbs were more affordable areas, especially those with prices under $800,000.

“Affordability is driving more people to cheaper suburbs,” Flaherty says.

She explained that the demand for cheaper real estate was also the result of increased activity from investors, who often focused on properties in some of the capital’s cheapest suburbs.

PropTrack economist Anne Flaherty.

---

These investors have typically competed with first home buyers, who have been supported by the expanded First Home Guarantee Scheme since October.

The scheme allows eligible buyers to purchase a property with as little as a 5 per cent deposit, without having to pay for expensive mortgage insurance from the lender.

13 Fitzgerald Close, Maudsland is for sale with offers exceeding $1.35 million.

---

Many of the properties that were cheap enough to fall within the price ceilings for first home buyer support were the same areas that became popular with investors, Ms Flaherty explains.

“Investors are coming back to the market looking for long-term growth. It’s pretty clear we have a housing shortage that will take a while to correct.”

“Investors are seeing that population growth is strong and we’re not building enough, and there have been interest rate cuts, so there is an expectation of long-term (value) growth.”

PropTrack economist Anne Flaherty said price growth can continue in highly competitive markets because buyers who are outbid or who see very stiff competition are more likely to stretch their budgets.

---

Ms Flaherty said many of the key growth markets of 2025 are unlikely to outperform in 2026 as buyer demand could decline as prices continue to rise.

Instead, buyers likely moved to new suburbs where they believed they could get better value, with the suburbs gaining attention as affordability was constantly changing, she explained.

“It’s complex,” she said.

“Price growth can continue in highly competitive markets because buyers who are outbid or face very intense competition are more likely to stretch their budgets and offer more than they originally planned.

1023 Edgecliff Drive, Sanctuary Cove.

---

“But you can allow markets to reach a huge level where they are no longer as affordable. We have seen cases of price increases ($200,000) in a year and as these areas become less affordable, there are fewer buyers.”

She added that the First Home Guarantee Scheme would continue to drive demand into 2026 and that suburbs would perform well under the price caps in each state.

84 Commodore Cres, Surfers Paradise.

---

Ray White Queensland chief operating officer and auctioneer Gavin Croft said the Gold Coast remains a highly sought-after destination for property investment and lifestyle purchases.

“The competitive bidding environment we have witnessed consistently demonstrates that quality properties attract genuine, qualified buyers ready to make decisive purchasing decisions,” he said.