The upcoming Commonwealth Games coupled with population growth has made the Gold Coast one of the hottest land markets in Australia.

Photo: Gold Coast Bulletin

Median land prices in the Gold Coast has gone up 4.1 per cent from the beginning of 2017 until the September quarter. According to Oliver Hume’s new Quarterly Market Report, “the median price of land on the Gold Coast is up 22.8 per cent in 12 months and 57.2 per cent over the last three years compared to 5.9 per cent for the whole of Southeast Queensland in the past 12 months and 10.2 per cent over the past three years.”

Despite the lack of infrastructure, many remain positive that the property growth in the Gold Coast will continue to grow, especially with the upcoming Commonwealth Games and ongoing infrastructure projects with several others in the pipeline.

The Gold Coast is definitely transforming which is becoming evident in the increasing land values in most suburbs.