House prices expected to grow after the Commonwealth Games

PHOTO: Aerial view of Gold Coast, Queensland, Australia

GOLD Coast house prices are expected to remain strong following the Commonwealth Games.

Demand for affordable housing options and a desire to live in established coastal areas were attributed to the growth, new RiskWise Property research has found.

RiskWise chief executive Doron Peleg said the Gold Coast was one of the most popular destinations for both owner-occupiers and investors in southeast Queensland.

“It has beautiful beachside and waterside suburbs, an unrivalled lifestyle, good infrastructure, a large number of well-off residents and locals who describe the Gold Coast as ‘heaven for children’,” Mr Peleg said.

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