Looking for cheap Gold Coast apartments? We got you. And we’re not surprised you’re looking either. According to a Gold Coast real estate agent, it’s a “buyer’s market” right now.
Why? Well, it seems as though the past few weeks has brought about some big changes. While the property market was booming at the start of the year, with tons of hungry buyers eager to jump on the property ladder, now, auction clearance rates are lowering, and days on the market for properties are going from 15 to 25 days.
This is largely due to the rise in interest rates in recent months. Lenders are becoming more cautious of spending, leading to a downturn in the markets that we’re already seeing in Melbourne and Sydney.
Whether property values will keep falling is uncertain. So to inspire you to live out your real estate dreams right now, we’re rounding up 7 of the best and cheapest Gold Coast apartments you can get your hands on. Of course, for tenants, you haven’t been forgotten—we’ve got the cheapest Gold Coast rentals on the market just for you.
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Cheap Gold Coast studio apartments
Price guide: $275,000
Who wouldn’t like a cosy studio in Surfers Paradise? Overlooking the gorgeous ocean views of Buds Beach and the hinterland, this apartment is a large one, with an open plan living area and awesome condominium facilities like a huge outdoor pool, spa and onsite gym.
Perfect for getting in a surfing shape. The central location is hard to beat!
Cheap Gold Coast 1-bedroom apartments
Price guide: $145,000
This stylish 1-bedroom apartment is instantly inviting. Perhaps it’s the lagoon-inspired decor, subway tiles or pastel colours. Have a look inside and enjoy unobstructed north-facing views of the lagoon.
You’re also spoiled for choice with the building’s conveniences, from the pool to the basketball court and games room. The entertainment options are endless in this South Stradbroke condo.
Price guide: $150,000
Nested just 100 metres from the resort’s entrance are not one, but two 1-bedroom apartments. With an interconnecting option, you can easily live in one and rent out the other as Gold Coast holiday accommodation. The great view, affordable price and easy beach access are unexcelled!
Ideal for nature lovers, the Couran Cove Island Resorts is located on South Stradbroke Island which is a half hour ferry ride from Hope Island and a 45-minute drive to Brisbane.
Cheap Gold Coast 2-bedroom apartments
Price guide: $450,000
This lovely 2-bedder is located in the Summer Place complex, boasting a tennis court, swimming pool and bbq areas for communal entertaining. The unit itself is spacious and light-filled so you can enjoy the best of Gold Coast’s sunshine.
This is a great location. Just a short stroll away is the Gold Coast University Hospital and G:Link Light Rail meaning you can easily get around the city.
Price guide: $325,000
Here’s another South Stradbroke apartment with amazing value. Modern, spacious and bright, you’re right on the edge of the water just a short boat ride away from the Gold Coast.
If you love sunsets, the alfresco deck is just inviting you to sit and enjoy the sea view.
Cheap Gold Coast 3-bedroom houses
Price guide: $430,000
Even when we upgrade from a 3-bedroom Gold Coast apartment to a 3-bedroom house, the prices are still affordable!
A lovely, well-maintained townhouse is on the market right now, situated at the end of a quiet cul-de-sac in a gated complex of Nerang QLD. If you’re looking for peace and safety, look no further. Families will love the short distance from the children’s playground, local park and river.
The lower floor has a a bedroom, home office and bright and airy open plan full kitchen. Just outside is a charming courtyard to call your own. Head upstairs to the other two bedrooms with generous storage areas.
Price guide: $430,000
Property investors will love the opportunity with this 3-bedroom Gold Coast house. Already tenanted until July 2023, you can secure this home and rest easy knowing you have a steady income from it.
Also situated in a central location of Labrador within a secure complex, this home is walking distance away to local shops, schools, good restaurants and public transport.
