Market Insights

Gold Coast Market on the Move

August 21 2025

House prices and market activity are starting to gain some serious momentum with a return in confidence on display across the Gold Coast.
Gold Coast Market on the Move

The Gold Coast property market has shifted gears in recent months, with fresh data and sales activity pointing to renewed growth and rising confidence.

Positive price movements have been recorded across many suburbs, signalling a lift in buyer demand and competition. This upswing continues to be fuelled by a combination of limited stock, robust interstate migration, and the region’s enduring lifestyle appeal.

Across the Gold Coast, 43 suburbs have registered price increases in the past three months with growth ranging from 0.1 per cent to 12.6 per cent.

Cotality shows the Gold Coast’s median house price sitting at $1,170,000, up 1.7 per cent in the past quarter and 8.7 per cent in the 12 months to date. Apartment prices have proven to be even more robust with the median of $780,000 up 1.3 per cent in three months and 9.9 per cent over 12 months, superseding house price growth in this period.

Apartments in completed new projects in particular are shifting at pace as buyers continue to gravitate towards move-in ready properties with high amenity and low maintenance.

Developer Andrews’ has had recent success with its ‘Dune’ development in Main Beach with Kollosche making three sales in the building in swift succession. Sales agents Rob Lamb and Michael Kollosche sold apartment 601 for $7,000,000, 401 under the hammer for $7,100,000, and No.1101 for $7,554,851.

In nearby ‘Pearl’, sales agents Jamie Harrison and Harry Kakavas teamed up to achieve  $7,500,000 for one of the development’s whole-floor sub-penthouses.

In the southern beaches, sales agent Troy Dowker pulled off three sales in the recently completed ‘Si’ building in Bilinga. One of the penthouses sold for $7,175,000, with two lower-level apartments coming in at $4,075,000 and $4,200,000. The remaining penthouse – 15/309 Golden Four Drive – is currently on the market for offers over $6,950,000.

This week the Reserve Bank introduced a 0.25 percentage point cut to the cash rate, the second for the year, bringing it to 3.6 per cent. Despite the downwards trend, interest rates appear to be having less impact on buyers than expected, with most happy to purchase without waiting for future dips.

As a result, open for inspection numbers have been strong, auction clearance rates have moved above 70 per cent in recent weeks, according to Cotality, and many properties are attracting multiple bidders and offers.

Well-presented homes priced in line with the market are once again selling quickly, while others are being taken off the market ahead of auctions by those not prepared to leave their opportunity to buy to chance.

Mermaid Beach remained a hotspot for sales with agency principal Michael Kollosche and sales agent Duncan Longmore selling the renovated 2/51-53 Hedges Avenue for a premium of $12,300,000.

In the same suburb, agent trio Michael Kollosche, Eoghan Murphy and Tony V sold 16-18 Ventura Road, a double block with development potential in a sought-after side street, for $8,500,000. Tony V then went on to sell 11 Cronulla Avenue for $4,900,000 with the help of colleague and agent Gypsea Youngsmith.

To the north of the city, agents Paul Harrison and Josh Finch joined forces to sell a contemporary, turn-key home at 3067 Forest Hill Drive, Sanctuary Cove for $5,500,000.

As the city continues to benefit from significant infrastructure investment, a diversifying economy, and its world-class beaches and amenities, the medium-term outlook remains healthy. While measured price growth is expected, the recent momentum suggests the Gold Coast market is firmly back in forward motion.

For buyers and sellers alike, the spring selling season ahead presents a window of opportunity to make a strategic move in a market that is on the rise.

For a confidential discussion about your property goals, reach out to the Kollosche team.

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