It’s been revealed the Gold Coast property market is on the rise, with fresh data showing our waterfront suburbs have recorded a generous growth in house prices.
According to realestate.com.au, a number of coast suburbs with over $1 million price tags strongly defied the recent property downturn, recording double-digit year-on-year growth.
House prices in Paradise Point, Clear Island Waters, Surfers Paradise and Jacobs Well all grew by at least ten per cent or more in the past 12 months.
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But it was our neighbours over the border in Kingscliff who took out the top spot, with a massive growth of sixteen per cent.
Maudsland, Palm Beach, Tweed Heads South, Tweed Heads West and Casuarina also made the list, with growth ranging from 5% to 8%.