{"id":31404,"date":"2021-03-26T17:33:43","date_gmt":"2021-03-26T04:33:43","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=31404"},"modified":"2021-03-26T17:38:39","modified_gmt":"2021-03-26T04:38:39","slug":"where-are-the-next-property-hotspots-on-the-gold-coast-and-sunshine-coast","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/where-are-the-next-property-hotspots-on-the-gold-coast-and-sunshine-coast\/","title":{"rendered":"Where are the next property hotspots on the Gold Coast and Sunshine Coast?"},"content":{"rendered":"

PHOTO: Some suburbs on the Gold Coast such as Palm Beach rose by a massive 82 per cent in the past five years.\u00a0Photo:\u00a0Ray White<\/span><\/strong><\/p>\n

Property experts across south-east Queensland\u2019s top coastal hot spots have revealed the next round of suburbs set for soaring price growth \u2014 offering budget-conscious sea changers and savvy investors a glimmer of hope in an ocean of skyrocketing prices.<\/p>\n

The Gold Coast suburbs picked for growth<\/strong><\/div>\n\n\n\n<\/colgroup>\n\n\n\n\n\n\n\n
Suburb<\/td>\n\n
\n
Median house price<\/div>\n<\/div>\n<\/td>\n<\/tr>\n
Ashmore<\/td>\n$639,500<\/td>\n<\/tr>\n
Labrador<\/td>\n$518,000<\/td>\n<\/tr>\n
Southport<\/td>\n$590,000<\/td>\n<\/tr>\n
Carrara<\/td>\n$570,000<\/td>\n<\/tr>\n
Tugun<\/td>\n$770,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
<\/div>\n

While median house prices almost doubled to reach more than $1 million over the past five years in some coastal patches, a handful of suburbs such as Ashmore and Tugun on the Gold Coast<\/a> and Noosaville and Old Tewantin on the Sunshine Coast<\/a> were slated as the next pockets pegged for major growth where you can still bag a home for under $500,000.<\/p>\n

The Sunshine Coast suburbs picked for growth<\/strong><\/div>\n\n\n\n<\/colgroup>\n\n\n\n\n\n\n
Suburb<\/td>\n\n
\n
Median house price<\/div>\n<\/div>\n<\/td>\n<\/tr>\n
Noosaville<\/td>\n$1,079,000<\/td>\n<\/tr>\n
Tewantin<\/td>\n$649,000<\/td>\n<\/tr>\n
Peregian Springs<\/td>\n$680,000<\/td>\n<\/tr>\n
Eumundi<\/td>\n$750,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

The top tips have come hot on the heels of surging interstate migration and Domain\u2019s 2020 fourth-quarter house-price data that revealed some suburbs such as Palm Beach on the Gold Coast, had exponential growth of more than 83 per cent over the past half-decade \u2013 bringing the median house price to $901,000.<\/p>\n

Boom suburbs of the Gold and Sunshine Coast over the past five years<\/strong><\/div>\n\n\n\n\n\n<\/colgroup>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Suburb<\/td>\nProperty type<\/td>\nMedian price<\/td>\n5-year growth<\/td>\n<\/tr>\n
Sunshine Beach<\/td>\nHouse<\/td>\n$1,802,500<\/td>\n95.9%<\/td>\n<\/tr>\n
Palm Beach<\/td>\nUnit<\/td>\n$630,000<\/td>\n82.3%<\/td>\n<\/tr>\n
Sunrise Beach<\/td>\nHouse<\/td>\n$1,055,000<\/td>\n78.8%<\/td>\n<\/tr>\n
Noosa Heads<\/td>\nHouse<\/td>\n$1,321,000<\/td>\n76.1%<\/td>\n<\/tr>\n
Noosa Heads<\/td>\nUnit<\/td>\n$920,000<\/td>\n70.4%<\/td>\n<\/tr>\n
Doonan<\/td>\nHouse<\/td>\n$1,077,500<\/td>\n57.3%<\/td>\n<\/tr>\n
Surfers Paradise<\/td>\nHouse<\/td>\n$1,635,000<\/td>\n55.7%<\/td>\n<\/tr>\n
Moffat Beach<\/td>\nHouse<\/td>\n$950,000<\/td>\n54.0%<\/td>\n<\/tr>\n
Burleigh Heads<\/td>\nHouse<\/td>\n$925,000<\/td>\n51.6%<\/td>\n<\/tr>\n
Jacobs Well<\/td>\nHouse<\/td>\n$680,000<\/td>\n51.1%<\/td>\n<\/tr>\n
Noosaville<\/td>\nHouse<\/td>\n$1,079,000<\/td>\n50.9%<\/td>\n<\/tr>\n
Sunshine Beach<\/td>\nUnit<\/td>\n$912,500<\/td>\n49.6%<\/td>\n<\/tr>\n
Tugun<\/td>\nHouse<\/td>\n$770,000<\/td>\n49.5%<\/td>\n<\/tr>\n
Miami<\/td>\nHouse<\/td>\n$887,500<\/td>\n49.5%<\/td>\n<\/tr>\n
Broadbeach Waters<\/td>\nHouse<\/td>\n$1,250,000<\/td>\n46.7%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
Source: Domain<\/em><\/strong><\/div>\n

READ MORE VIA DOMAIN<\/a><\/p>\n

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