2021 Gold Coast Market Review
December 8 2021
There has been a spike in popularity for Gold Coast real estate throughout the last year, causing the property market’s strongest growth since the 1980s.
Throughout 2021 the Gold Coast’s population has expanded rapidly along with that of the rest of Queensland. Figures from the Australian Bureau of Statistics for the year ending 31 March 2021 show that interstate migration was at an all-time high, with Queensland recording a 43,933 net increase in population, around 70 percent of this growth attributed to those relocating from other states.
The popularity of Queensland as a whole has also risen from a surge in investors looking to take advantage of the continuous growth potential. According to the 2021 Annual Property Investor Sentiment Survey from PIPA, almost 60 percent of investors now ranked Queensland as the best place in Australia to invest, with strong predictions that the prices will only continue to rise in the coming years with the reopening of international borders and 2032 Olympic Games as the market driving force.
When looking to sell your prestige holding, there is no doubt that you would want to showcase your valuable home to the largest number of interested buyers possible.
Some of the top prestige property sales by Claire Dai throughout the year include:
· 159 Hedges Avenue, Mermaid Beach sold for $15,750,000
· 8-12 Riverbend Avenue, Carrara sold for $12,000,000
· 127-129 Commodore Drive, Paradise Waters sold for $7,100,000
· 104 Admiralty Drive, Paradise Waters sold for $6,500,000
· 1 Winchester Street, Southport sold for $6,500,000
Living on the Gold Coast for over 30 years has given Claire excellent knowledge of the area and market trends. Being fluent in English and Chinese (Mandarin and Cantonese) allows her to specialise in servicing Chinese clients by understanding their needs and desires when it comes to property.
With demand for Gold Coast property still going strong and predicted to continue throughout the start of 2022, please do not hesitate to reach out to Claire Dai and her team for a discussion around your property needs.