Why Kiwis are obsessed with the Gold Coast

House-hunting from across the ditch made up almost 40 per cent of overseas-based searches for the Glitter Strip, according to PropTrack data over the past three months.

House-hunting from across the ditch made up almost 40 per cent of overseas-based searches for the Glitter Strip. Picture: Nigel Hallett

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The United Kingdom came in second with a 14.5 per cent share while the United States made up 8.7 per cent.

Surfers Paradise was the most popular suburb followed by Burleigh Heads, Southport, Hope Island and Robina.

REIQ Gold Coast chairman Andrew Henderson said it wasn’t surprising to see so much interest from New Zealanders.

A Virgin flight using an aerobridge at Gold Coast Airport’s new terminal expansion. Picture: Luke Marsden.

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“We’ve definitely seen an increase in enquiry level and purchasing from New Zealand,” Mr Henderson said.

“After experiencing heavier lockdowns over the pandemic a lot of are potentially wanting to move here for the lifestyle, to retire or to study.”

At Siera’s Tapestry development in Surfers Paradise, one in five enquiries were heralding from New Zealand.

David and Karen Dovey from Mt Maunganui in New Zealand’s Bay of Plenty, have purchased a two-bedroom apartment at Tapestry on Chevron Island.

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Among those were David and Karen Dovey from Mt Maunganui in New Zealand’s Bay of Plenty, who bought a two-bedroom apartment.

“We fell in love with Tapestry while holidaying on the Gold Coast,” Mr Dovey said.

“The calm environment of Chevron Island, so close to the hub of Surfers Paradise, gives us the best of both worlds, all within walking distance of the beach.

“Karen and I have retired after building a very busy franchise business and we are looking for an adventure.

He said Tapestry and the “Australian lifestyle” attracted them to the Coast.

“Given the vitality of the Gold Coast, it is a big contrast to where we live currently in Mt Maunganui.”

David and Karen Dovey from Mt Maunganui in New Zealand’s Bay of Plenty say the the “Australian lifestyle” paired with new development Tapestry attracted them to the Gold Coast.

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Founder of Siera Brent Thompson, said the Gold Coast’s subtropical lifestyle and affordability was attracting an increasing number of New Zealanders.

“The strength of New Zealand’s property market is enabling more people to capitalise on the value of their home and achieve a higher level of lifestyle opportunity, and lower cost of living on the Gold Coast,” Mr Thompson said.

John Cole of Lucy Cole Prestige Properties said the level of demand from expatriates wanting to secure a slice of home was keeping the Gold Coast market stronger than Sydney and Melbourne.

“A lot of expats who are working in places like Singapore, New Zealand or the US are starting to look at returning home after spending years away during the Covid-pandemic and are now experiencing life overseas in a time of increasing global uncertainty,’’ he said.

“Added to that, the expats can see global exposure of South East Queensland’s property market is only going to increase in the lead up to the 2032 Olympics.

“All that combines means the expats increasingly looking to come home and that has kept the Gold Coast market more buoyant.”

Top 10 most searched suburbs on the Gold Coast from overseas house hunters

(past three months)

1. Surfers Paradise

2. Burleigh Heads

3. Southport

4. Hope Island

5. Robina

6. Palm Beach

7. Helensvale

8. Coolangatta

9. Mermaid Beach

10. Varsity Lakes

SOURCE: PropTrack data