Gold Coast Real Estate Market Update 2025: Trends and Insights for Buyers & Sellers

Gold Coast Real Estate Market Update 2025

The Gold Coast residential market has shown impressive resilience and growth into 2025, remaining one of the strongest regional performers in Australia. As a hub for lifestyle buyers, investors, and interstate migrants, the Gold Coast property scene continues to evolve rapidly.

Resilient Price Growth and New Highs

By the end of 2024, the median house price on the Gold Coast reached approximately $1.1 million, with units averaging around $760,000. This reflects a significant year-on-year increase of 13.2%, positioning the Gold Coast just behind Sydney in terms of median property values. CoreLogic forecasts suggest continued growth through 2025, albeit at a more moderate pace compared to 2024.

In fact, 65% of real estate professionals surveyed by CoreLogic expect prices to keep rising in Queensland in 2025. At the suburb level, affordability varies widely: from Pimpama (~$770K) to Surfers Paradise, where the median house price exceeds $3 million.

Some notable lifestyle suburbs have seen even steeper rises. For example, Coolangatta reported a 17% increase in 2023 alone, driven by renewed interest in beachfront living. Overall, sellers are benefitting from strong capital gains, while buyers face heightened competition and fewer opportunities below the $1 million mark.

Suburb Spotlights: Key Areas to Watch

The Gold Coast’s growth is far from uniform, with different regions showing varying dynamics:

Northern Corridor: Suburbs such as Pimpama and Coomera offer relatively affordable house-and-land packages and strong infrastructure growth. Coomera's median sits around $830K, with new transport links and the Westfield hub driving interest.

Prestige Market: The coastal strip including Mermaid Beach, Broadbeach, and Burleigh Heads continues to attract luxury buyers. Burleigh’s median house price is nearing $1.95 million, supported by high-end developments and strong lifestyle appeal.

Central Suburbs: Ashmore, Molendinar, and Southport remain popular with families and investors. Ashmore offers good value at around $1.03M, while Southport combines residential and commercial appeal, with ongoing infrastructure investment making it an attractive urban centre.

The common thread across these areas is their proximity to infrastructure, lifestyle amenities, and the coast, which makes them highly desirable despite rising prices.

Key Market Drivers

Several core factors continue to support the Gold Coast's strong property performance:

1. Population Growth & Migration

Southeast Queensland continues to be a top destination for interstate migration, especially from Sydney and Melbourne. Over the past decade, more than 250,000 people relocated from Sydney to this region, and the Gold Coast has taken in a large share of that influx. Lifestyle, climate, and work-from-home flexibility all contribute to this migration trend.

2. Economic Strength

Unlike its historic reliance on tourism, today’s Gold Coast economy is more diversified, with strong sectors in construction, health, and education. The low unemployment rate and growth in local jobs contribute to a steady base of home buyers.

3. Infrastructure Investment

Major developments like the $2 billion Landmark project near Pacific Fair, expansion of the light rail to Burleigh Heads, and ongoing M1 upgrades are improving connectivity and livability. These projects drive demand in nearby suburbs and support capital growth.

4. Limited Housing Supply

Geographically constrained between the ocean and hinterland, the Gold Coast faces a natural shortage of developable land. Even with a spike in apartment construction, supply has not kept pace with demand. In 2024, the number of homes for sale was 25% lower than a decade ago, despite a growing population. This imbalance continues to place upward pressure on prices.

5. Lifestyle Appeal & Remote Work Trends

The ability to work remotely has allowed many professionals to relocate from major cities, prioritising quality of life. The Gold Coast remains a top destination for such buyers. Additionally, the city appeals to downsizers, retirees, and small households seeking a vibrant coastal lifestyle.

Market Outlook for 2025

Market experts anticipate continued growth in 2025, though likely at a slower pace than the previous year. Domain forecasts suggest house prices will rise 3–6%, while units are expected to increase 3–4%. This moderation is seen as a return to more sustainable growth following the rapid appreciation of recent years.

Still, some analysts remain bullish. Propertyology predicts potential gains of up to 10–13% in 2025, citing strong demand and ongoing supply constraints. The premium and lifestyle segments are expected to continue driving the bulk of growth, with strong interest from interstate buyers and returning overseas migrants.

Interest rate relief may also play a role. CoreLogic’s head of research anticipates up to 1% in rate cuts over the next 12–18 months, which could boost affordability and reignite buyer demand.

Conclusion

The Gold Coast property market in 2025 remains one of Australia’s most dynamic and sought-after. While growth may not match 2024’s pace, the fundamentals – population growth, lifestyle appeal, and limited supply – remain strong. Buyers should be ready for a competitive environment, while sellers continue to benefit from solid capital gains.

As affordability tightens and the market becomes more discerning, local expertise and timing will be crucial. 

Ready to make your next move? Contact Norton's Real Estate today for a personalised market appraisal or investment strategy consultation.