PHOTO: Land shortage on the Gold Coast is pushing buyers further north.
A SHORTAGE of greenfield development sites on the Gold Coast is pushing cashed-up buyers north to Logan.
Colin Keane, director of Research4, revealed demand for residential land on the Coast was outstripping supply with about 1600 lots across 30 projects on the market.
“There will be new projects of course but there is a sense of urgency for these,” he said.
“There needs to be new projects on the ground running to keep affordability in check.
“If that doesn’t come about then the Logan market will have a greater compelling story or a shift in demand form the Gold Coast to Logan.”
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