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As we reach mid-2025, the Gold Coast property market continues its remarkable upward trajectory.
The median house price has reached $1.17 million, making the Gold Coast Australia's second most expensive property market after Sydney, with apartments now averaging $760,000.
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Gold Coast property prices are experiencing strong growth in 2025, with house prices up 9-13% annually and the median reaching $1.17 million. The market is driven by interstate migration, infrastructure development, and limited supply, positioning the Gold Coast as Australia's second most expensive property market.
Experts forecast continued price increases of 10-13% for 2025, with some prestige suburbs like Surfers Paradise potentially reaching $9 million median prices by 2030. Strong fundamentals including population growth, lifestyle appeal, and infrastructure investment support this bullish outlook.
| Metric | Current Status (June 2025) | Trend |
|---|---|---|
| Median House Price | $1.17 million | ↑ 9-13% annually |
| Median Apartment Price | $760,000 | ↑ 4.6% annually |
| 5-Year Growth | 90% increase | Strong growth |
| Market Position | 2nd most expensive in Australia | Rising |
| Population Growth | 20,000+ new residents annually | Accelerating |
| Vacancy Rate | 1.1% | Very tight |
| 2025 Forecast | 10-13% price growth | Bullish |
This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.
What is the current median house price on the Gold Coast in June 2025?
The median house price on the Gold Coast has reached $1.17 million as of June 2025, establishing it as Australia's second most expensive property market.
This represents a significant milestone for the Gold Coast residential market, which has experienced explosive growth over recent years. The median price for all dwellings (houses and units combined) has now surpassed $1 million, reflecting the strong demand and limited supply dynamics that characterize the region.
For apartments specifically, the median price sits at approximately $760,000, offering a more accessible entry point for buyers while still representing substantial value growth. Prestige suburbs command even higher prices, with Surfers Paradise houses averaging $4 million and Mermaid Beach reaching $3.2 million.
The Gold Coast property market has transformed from a regional coastal market to a major metropolitan powerhouse, now outranking Melbourne, Brisbane, Perth, Adelaide, and other capital cities in terms of median house prices. Only Sydney remains more expensive, though the gap is narrowing.
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How much have Gold Coast property prices increased in the past 12 months?
Gold Coast dwelling values have surged by 12.7% over the past year, with houses recording 9% growth and apartments showing gains of 4.6%.
This robust annual growth continues the Gold Coast's strong performance trajectory, with some suburbs significantly outperforming these averages. Mermaid Beach led the charge with an impressive 17% annual house price growth, while other beachside and prestige suburbs recorded similarly strong gains.
The consistent price growth across all property types demonstrates the broad-based nature of the Gold Coast boom. Unlike previous cycles that were predominantly driven by house prices, the current market shows strength in both detached houses and apartment segments, indicating a mature and sustainable growth pattern.
Market dynamics remain firmly in favor of sellers, with properties typically selling quickly and often above asking prices in sought-after locations. The combination of limited stock, strong buyer demand, and ongoing population growth continues to fuel competitive conditions.
Which Gold Coast suburbs are experiencing the fastest price growth in 2025?
Several Gold Coast suburbs are leading the price growth charge in 2025, with beachside and prestige locations showing the strongest performance.
| Suburb | Current Median House Price | Recent Growth & Outlook |
|---|---|---|
| Mermaid Beach | $3.2 million | 17% annual growth in 2024, projected to reach $6.46 million by 2030 |
| Surfers Paradise | $4 million | 3.9% quarterly growth, forecast to hit $9 million by 2030 |
| Coomera | $830,000 (houses), $620,000 (units) | Among fastest-growing for both price and rental yield |
| Palm Beach | Not specified | Experiencing accelerated growth due to infrastructure investment |
| Burleigh Heads | Over $1 million | Recently joined the $1 million club for both houses and units |
| Broadbeach | Not specified | Strong growth driven by lifestyle appeal and development |
| Hope Island & Sanctuary Cove | Premium pricing | Luxury market segments showing continued strength |
New suburbs joining the prestigious $1 million-plus club include Ashmore, Maudsland, Carrara, Coolangatta, Tamborine Mountain, and Arundel, reflecting the broad-based nature of the Gold Coast's price appreciation.
What are the latest property price forecasts for the Gold Coast in 2025-2026?
Leading property analysts predict Gold Coast prices will increase by 10-13% throughout 2025, with momentum expected to continue into 2026.
Propertyology's 2025 Property Market Outlook specifically forecasts this double-digit growth despite the Gold Coast already achieving 90% capital growth over the past five years. This bullish outlook is supported by multiple factors including ongoing interstate migration, infrastructure development, and persistent supply constraints.
For 2026, while specific forecasts vary, most analysts expect continued growth albeit potentially at a more moderate pace of 7-10% as the market matures. The combination of anticipated interest rate cuts in mid-2025 and continued population growth provides strong fundamental support for these projections.
Some analysts suggest that if current growth trends persist, the Gold Coast median house price could reach $1.3-1.4 million by the end of 2025 and approach $1.5 million by late 2026, though these projections assume no major economic disruptions.
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Which property types are seeing the biggest price increases on the Gold Coast?
While all property types are experiencing growth, luxury beachfront houses and well-located apartments are leading the price surge in 2025.
Prestige houses in beachside suburbs have recorded the most spectacular gains, with properties in Mermaid Beach, Surfers Paradise, and Burleigh Heads commanding premium prices and showing the strongest growth rates. The luxury segment has been particularly active, with 56 properties selling for over $5 million in the past year.
Apartments are also performing strongly, especially those in prime locations near beaches and city centers. The median apartment price of $760,000 represents strong growth, driven by downsizers, investors seeking rental returns, and young professionals attracted to the lifestyle. High-rise apartments with ocean views and modern amenities are particularly sought after.
Townhouses and medium-density developments in growth corridors like Coomera and Pimpama are attracting families and first-time buyers, offering more affordable entry points while still benefiting from the overall market momentum. These properties are experiencing solid capital growth while providing strong rental yields.
How do current Gold Coast property prices compare to 5 years ago?
Gold Coast property prices have surged an remarkable 90% over the five years ending 2024, nearly doubling in value.
In 2020, the median house price on the Gold Coast was approximately $600,000. As of June 2025, that figure has risen to $1.17 million, representing one of the strongest growth performances of any Australian property market during this period.
PropTrack data reveals even more impressive figures in some metrics, showing Gold Coast prices rose 96.3% over the past eight years, outpacing even Brisbane's strong performance. This growth trajectory has transformed the Gold Coast from a relatively affordable coastal market to Australia's second most expensive city.
The extraordinary growth has been driven by multiple factors including the pandemic-induced lifestyle migration, infrastructure investment, population growth, and the Gold Coast's evolution from a tourist destination to a major economic center with diverse employment opportunities.
What is driving the current demand for Gold Coast properties?
Multiple powerful factors are converging to drive unprecedented demand for Gold Coast properties in 2025.
- Interstate Migration: The Gold Coast continues to attract substantial interstate migration, with nearly 250,000 net residents relocating from other parts of Australia over the past decade, predominantly from Sydney and Melbourne seeking better lifestyle and affordability.
- International Migration: Post-pandemic international migration has resumed strongly, adding further pressure to housing demand with Queensland recording the highest net interstate migration in Australia at 29,910 in the year to June 2024.
- Infrastructure Development: Major projects including the Gold Coast Light Rail Stage 3 extension and M1 Pacific Motorway upgrades are improving connectivity and making previously less accessible areas more attractive to buyers.
- Economic Diversification: The Gold Coast has evolved beyond tourism, now boasting three universities, two medical schools, a thriving film industry, marine manufacturing, and growing tech sectors, creating sustainable employment opportunities.
- Lifestyle Appeal: The combination of beaches, climate, outdoor lifestyle, and modern amenities continues to attract buyers seeking work-life balance, with the city frequently ranked among the world's best places to live.
- Limited Supply: Tight vacancy rates of just 1.1% and limited new construction due to labor and material constraints create a significant supply-demand imbalance, pushing prices higher.
- Investment Returns: Strong rental yields and capital growth prospects attract investors, with the rental market remaining extremely tight and rental growth outpacing pre-pandemic averages.
What are the long-term price predictions for Gold Coast property by 2030?
Long-term forecasts suggest Gold Coast property prices could reach extraordinary levels by 2030, with median house prices potentially hitting $2.0-2.7 million.
Based on current growth trajectories and market fundamentals, property analysts have developed several scenarios for 2030. The most aggressive forecasts suggest that if recent growth rates persist, Surfers Paradise houses could reach $9 million (from $4 million in 2025), representing a 126% increase, while Mermaid Beach could hit $6.46 million.
More conservative estimates from PropTrack and PRD suggest the overall Gold Coast median house price will reach approximately $2.05 million by 2030, while optimistic projections based on maintaining 10-year growth trends point to $2.67 million. Even the conservative scenarios represent substantial gains from current levels.
These long-term projections are underpinned by expectations of continued population growth (the Gold Coast population is forecast to reach 1 million by 2037), ongoing infrastructure investment, and the region's increasing economic importance. However, analysts caution that growth rates may moderate in the latter half of the decade due to affordability constraints.
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We made this infographic to show you how property prices in Australia compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It's an easy way to spot where you might get the best value for your money. We hope you like it.
How does the Gold Coast property market compare to other Australian cities?
The Gold Coast has emerged as Australia's second most expensive property market, surpassing all capital cities except Sydney.
| City | Median House Price (2025) | Market Position | Recent Growth |
|---|---|---|---|
| Sydney | ~$1.7 million | 1st (Most expensive) | Moderate |
| Gold Coast | $1.17 million | 2nd | 12.7% annually |
| Melbourne | ~$1.0 million | 3rd | Slower growth |
| Brisbane | ~$1.0 million | 4th | Strong growth |
| Perth | ~$750,000 | 5th | Rising |
| Adelaide | ~$720,000 | 6th | Steady growth |
| Regional Coastal (Byron Bay, etc.) | Varies widely | Mixed | Some declining |
The Gold Coast's remarkable ascent to become more expensive than Melbourne, Brisbane, and other major capitals reflects its transformation from a regional tourist destination to a major metropolitan market. This positioning is particularly noteworthy given the Gold Coast's smaller population compared to these capital cities.
What impact will interest rate changes have on Gold Coast property prices?
Anticipated interest rate cuts in mid-2025 are expected to further accelerate Gold Coast property price growth by 12-15%.
Despite high interest rates throughout 2024 and early 2025, the Gold Coast market has shown remarkable resilience, continuing to post strong growth due to overwhelming demand and limited supply. This suggests that when rates do begin to fall, pent-up demand could be unleashed, driving even stronger price appreciation.
Analysts predict that each 0.25% rate cut could add approximately 2-3% to property values as borrowing capacity increases and buyer confidence strengthens. With the RBA expected to begin cutting rates in the second half of 2025, this could provide significant momentum to an already strong market.
The impact of lower rates is expected to be particularly pronounced in the Gold Coast due to its appeal to investors and lifestyle buyers who are often more sensitive to borrowing costs. Lower rates would improve rental yields for investors and increase affordability for owner-occupiers, potentially shortening time on market and intensifying competition.
How are Queensland's 2025 housing tax reforms affecting Gold Coast prices?
The 2025 Queensland housing tax reforms have initially stimulated market confidence without significantly moderating price growth on the Gold Coast.
The reforms, which include incentives for build-to-rent developments and potential stamp duty or land tax changes, aim to boost housing supply and improve affordability. However, early indications suggest that while these policies have encouraged development activity, the impact on price moderation remains limited due to persistent supply shortages.
Build-to-rent incentives may eventually add to rental stock, potentially easing some pressure in that segment, but the timeline for meaningful supply additions extends well beyond 2025. First home buyer assistance programs have increased activity in that segment but have also added to demand pressures.
If further investor incentives are introduced as part of ongoing reforms, this could paradoxically increase demand and put additional upward pressure on prices in the short term, even as longer-term supply measures take effect.
What role is migration playing in Gold Coast property price growth?
Migration remains the primary fundamental driver of Gold Coast property demand and price growth in 2025.
Interstate migration continues at elevated levels, with the Gold Coast attracting approximately 20,000 new residents annually, the highest in its history. Queensland overall recorded the highest net interstate migration in Australia, with many of these new residents choosing the Gold Coast for its lifestyle, employment opportunities, and relative affordability compared to Sydney.
International migration has also resumed strongly post-pandemic, adding another layer of housing demand. The combination of domestic and international migration is creating sustained population growth that far exceeds new housing supply, maintaining upward pressure on prices.
The migration trend shows no signs of slowing, with the Gold Coast population now exceeding 700,000 and projected to reach 1 million by 2037. This represents an average annual growth rate exceeding 2%, among the highest of any Australian city, providing a strong fundamental underpinning for continued price appreciation.
Young professionals, families, and retirees comprise the bulk of new arrivals, each bringing different housing needs but all contributing to the overall demand surge. The diversity of migration sources - from capital cities, regional areas, and overseas - provides resilience to the market.
Conclusion
This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.
Yes, property prices on the Gold Coast are definitively going up - and significantly so. With 12.7% annual growth, a median house price of $1.17 million, and forecasts of 10-13% increases for 2025, the market shows no signs of slowing down.
The combination of record migration, limited supply, infrastructure investment, and lifestyle appeal continues to drive one of Australia's strongest property markets. As the Gold Coast cements its position as Australia's second most expensive city, the answer is clear: Yes a lot - Gold Coast property prices are experiencing substantial and sustained growth that appears set to continue well into the future.
Sources
- Gold Coast Property Market Predictions 2025 - Property Buyer
- Property Market Forecast Australia 2025 - Property Update
- Best suburbs to invest on the Gold Coast in 2025 - OpenAgent
- Gold Coast Property Price Forecasts - Bamboo Routes
- Gold Coast Property Market Snapshot 2025 - Bargoti Real Estate
- Gold Coast Property Market: A Surge in Prices - Ray White
- Gold Coast house prices to outstrip capital cities by 2030 - Choice Homes
- Gold Coast Property Market Insights for 2025 - LJ Hooker
- The Rise and Rise of the Gold Coast - Property Buyer
- 2025 Property Market Outlook - Propertyology