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THE price of Gold Coast house blocks will double in just five years, according to two leading property figures.
Leda Holdings acquisition manager Richard Duce and REIQ Gold Coast chairman John Newlands said a land shortage was driving the price growth.
A new Housing Industry of Australia and RP Data report shows the Gold Coast and Tweed are ranked in the top-four most expensive regional housing markets in Australia.
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An aerial shot of Pimpama showing the Coast’s northern growth suburb and cleared land for residential estates on the western side of the M1 looking south to Surfers Paradise. Picture:skyepicsaerialphotography