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top suburbs

12 month growth
Box Hill
127.02%
Mollymook
82.85%
Brightwaters
79.93%
Cleve
78.13%
Bawley Point
76.2%
Murrays Beach
75.57%
Terranora
70%
Crescent Head
69.38%
Park Ridge South
68.32%
Mollymook Beach
67.09%
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Gold Coast activity heats up

By Staff Reporter
26 August 2009 | 1 minute read

The Gold Coast apartment market is enjoying bumper activity, with the greatest number of sales in over a year, the latest Colliers International Gold Coast Apartment Report found.

According to the report, 178 apartments were sold across the Gold Coast and Northern New South Wales during the June 09 quarter, up from 117 in the March quarter, 77 in the December 08 quarter and 121 in the September 08 quarter.

Colliers International Gold Coast Project Marketing Director Brinton Keath said gross sales values had also increased, while supply levels had decreased.

“What we are seeing at present across all our sale room floors is lifting activity with investors and owner-occupiers becoming increasingly confident to re-enter the market,” Mr Keath said.

“Completed stock is attracting the most interest, accounting for 53 per cent of sales, as investors feel confident in securing apartments at today’s prices and interest rates.”

Gold Coast activity heats up
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Do you have an industry update?

top suburbs

12 month growth
Box Hill
127.02%
Mollymook
82.85%
Brightwaters
79.93%
Cleve
78.13%
Bawley Point
76.2%
Murrays Beach
75.57%
Terranora
70%
Crescent Head
69.38%
Park Ridge South
68.32%
Mollymook Beach
67.09%
SEE AREA REPORTS ON SMART PROPERTY INVESTMENT WEBSITE
Subscribe to Newsletter

Ensure you never miss an issue of the Real Estate Business Bulletin.
Enter your email to receive the latest real estate advice and tools to help you sell.