Gold Coast property 2025 outlook: how much prices are expected to boom
There is another ‘boom’ predicted in 2025 for the Gold Coast real estate market with no slowdown in the local economy or interstate migration.
While the Gold Coast is not expected to be the Queensland standout, Propertyology’s 2025 Property Market Outlook predicts prices in the Glitter Strip to boom 10 to 13 per cent.
Propertyology’s 2025 Property Market Outlook predicts prices in the Glitter Strip to boom 10 to 13 per cent.
Propertyology’s 2025 Property Market Outlook graphic. Source: Propertyology, ABS
“A significant portion of the 250,000 (net) residents who relocated away from Sydney during the last decade now reside on the Gold Coast, where the median house price is currently higher than 7 of the 8 capital cities,” the report stated.
“At a development cost of $2b, ‘The Landmark’ 4-tower apartment and hotel project adjacent to Pacific Fair shopping centre is expected to kick off in 2025.
“Despite already producing 90 per cent tail growth over the 5-years ending 2024, real estate on the Gold Coast is expected to boom again in 2025.
“There’s no sign of a slowdown in either its local economy or internal migration.
“That said the luxury market appears to be stronger than the middle-income market, many of whom will have reached their affordability ceiling.”
The Propertyology report forecast growth in every major Queensland region, including Cairns (7-11%), Mackay (12-16%), Fraser Coast (5-8%), Toowoomba (9-13%), Bundaberg (6-9%) and Brisbane (7-10%).
Propertyology founder Simon Pressley.
According to Propertyology, the curtain closed on the 2024 calendar year with 25 per cent less supply of homes for sale than 10 years ago, but the national population is now 4 million more than what it was then.
“Housing never goes out of fashion,” Propertyology head of research Simon Pressley said. “Aside from water, it is the most essential commodity,” Propertyology head of research Simon Pressley said.
“In a nation with 1.8 million more jobs now than 3-years ago, everyone should expect plenty of owner-occupiers and property investors to be kicking goals in 2025.”
Aleisha Dawson, Property Journalist
Updated 9 Jan 2025, 9:19am
First published 9 Jan 2025, 6:00am
