Are you a first home buyer or a savvy investor looking for houses for sale on the Gold Coast under $400,000? You’re not alone.
With the median house price in the City of Gold Coast surpassing the $1 million mark, finding an affordable home can seem like a daunting task. But fear not! We’ve compiled a list of properties that won’t break the bank – all of which are priced under $400,000.
Some of these homes feature three bedrooms, shared tennis courts, or are located in quiet cul-de-sacs, surrounded by shops, cafes, and restaurants. And let’s not forget about the amazing lifestyle that comes with living in the Gold Coast.
From its stunning beaches and world-class surf breaks to its bustling nightlife and diverse dining scene, this sought-after location has something for everyone, whether you’re an owner-occupier or an investor.
So, if you’re looking for an affordable way to enjoy the best of what the Gold Coast has to offer, keep reading and let’s find your dream home.
Houses for sale in Gold Coast under $300,000
$220,000 – 21a/570 Pine Ridge Road, Coombabah, QLD, 4216, Australia
- Size: 2 bedrooms, 1 bathroom
- Suburb median house price: $925,000
About the property
Located in Coombabah, QLD, this one-bedroom cottage offers a unique blend of suburban convenience and natural charm. Nestled in an over 50’s caravan and relocatable park, it’s next to Coombabah State High School and close to amenities like shopping centers and public transport.
Despite its modest size, the home feels spacious, featuring a large undercover deck that provides a private, serene outdoor experience. This property offers a peaceful retreat for those valuing privacy, nature, and a community vibe.
About the suburb
Coombabah, a suburb in Queensland, is a picturesque area known for its natural beauty and wildlife. It’s a peaceful community, ideal for those who appreciate a quiet, relaxed lifestyle.
The suburb offers easy access to essential amenities and is well-connected to public transport, making it convenient for daily commutes.
$300,000 range – 22/125 Pappas Way, Carrara, QLD, 4211, Australia
- Size: 2 bedrooms, 1 bathroom
- Suburb median house price: $925,000
About the property
Looking for a modern, low-maintenance townhouse in a sought-after, gated complex in Carrara? Look no further! This 2-bedroom townhouse is ideally located, within walking distance to shops, bus stops, and an on-site manager.
Outside, the paved backyard is perfect for entertaining, while the communal grass pad provides even more space for outdoor activities. With a carport and additional car space, parking is a breeze.
About the suburb
Nestled amidst the vibrant Gold Coast of Queensland, Australia, Carrara shimmers as a beacon for both sporting enthusiasts and those seeking a tranquil escape. This family-friendly suburb seamlessly blends electrifying sporting arenas with peaceful parklands and a friendly community spirit.
Check out more houses for sale in Carrara QLD.
$300,000 range – 18a/66-86 Siganto Drive, Helensvale, QLD, 4212, Australia
- Size: 2 bedrooms, 1 bathroom
- Suburb median house price: $1,080,000
About the property
This property at 18a/66-86 Siganto Drive, Helensvale, QLD, offers a unique living experience. It’s a two-bedroom, one-bathroom villa, featuring new French oak timber floors and a spacious kitchen with a northerly aspect.
The property includes air conditioning, a large double carport, and is situated in a 5-star tourist resort with amenities like a resort-style pool and café. The villa’s location near Salt Water Creek and lush tropical gardens adds to its appeal.
About the suburb
Helensvale is a vibrant suburb in Queensland, known for its family-friendly atmosphere and excellent connectivity. It’s close to theme parks and shopping destinations, making it an ideal location for both leisure and daily living.
Houses for sale in Gold Coast under $400 000
$312,500 – 4605 Marina Lodge 5, Couran Cove Resort, South Stradbroke, QLD, 4216, Australia
- Size: 2 bedrooms, 1 bathroom
- Suburb median house price: $275,000
Next one up is also a South Stradbroke property! With their affordable prices and charming houses, we couldn’t help but feature another.
About the property
This prime-positioned marina lodge is located on Couran Cove Island Resort. Lodge 5 is a stunning marina-front holiday home in a resort-style paradise. This property offers the ultimate tropical getaway, just a short boat ride from the Gold Coast.
Inside, the lodge features two large bedrooms, a fully equipped bathroom, large kitchen, huge living area, and a spacious front sun deck overlooking the beautiful marina, with rear decking for stunning sunsets.
About the suburb
Nestled on the glistening sands of South Stradbroke Island, nestled amidst Moreton Bay’s turquoise waters, lies a haven for sun-kissed adventures and natural beauty – South Stradbroke Island’s namesake suburb.
Check out more houses for sale in South Stradbroke QLD.
$350,000 – Villa 15 & Villa 16 Island Street, Couran Cove Resort, South Stradbroke, QLD, 4216, Australia
- Size: 4 bedrooms, 2 bathrooms
- Suburb median house price: $275,000
About the property
Looking for a fantastic family getaway? Look no further than Couran Cove Resort on South Stradbroke Island, where you’ll find two spacious 4-bedroom waterfront villas that offer all the comforts of home. For this price, the 4 bedroom house is an absolute steal!
Broadwater Villa 15 and Broadwater Villa 16 are both fully air-conditioned and equipped with bedding for 8 adults, plus two living rooms for ample space to relax and unwind. With great positions close to the resort amenities, these villas offer tranquil views from almost every room.
Well-appointed and fully furnished, each villa features multiple indoor and outdoor living areas, as well as a contemporary kitchen complete with granite bench top, convection microwave, and gas cooktop. Two family bathrooms (one on each level) with separate bath and shower ensure comfort for all.
Simply walk in and relax – all furniture is included, so there’s not a renovation or shopping needed.
Check out more houses for sale in South Stradbroke QLD.
Above $340,000 – 47/456 Nerang Broadbeach Road, Carrara, QLD, 4211, Australia
- Size: 2 bedrooms, 1 bathroom
- Suburb median house price: $955,100
About the property
Here’s a secure and peaceful residential community on the Gold Coast! This beautifully renovated 2-bedroom home is in a Residential Over 50’s Community, just 50 meters from the river and BBQ area.
This home is positioned on a larger home site and boasts a very private east-facing outside entertaining area. You’ll have a sunny tranquil garden to relax in, along with a fully fenced and very private garden area. Other amenities include solar hot water service, 2 garden sheds, and a rear exit to the outside covered and enclosed carport.
The community offers recreational facilities including a clubhouse, swimming pool, 3 x BBQs, library, and a social club. Plus, it’s in a central Gold Coast location, only 15 minutes from Surfers Paradise and Broadbeach.
Check out more houses for sale in Carrara QLD.
$395,000 – 284/26-42 Goldmine Road, Ormeau, QLD, 4208, Australia
- Size: 2 bedrooms, 1 bathroom
- Suburb median house price: $777,200
About the property
This property, situated in Stage 5 of the Northern Gold Coast suburb of Ormeau, is an excellent find. It features two spacious bedrooms and a large open-plan living area, including a kitchen and dining space.
Additionally, it comes with solar panels, hot water system, and a single carport. The Lewani Palms Resort, designed for those over 50, offers a secure, gated community with numerous amenities, including sports facilities and recreational areas.
About the suburb
Ormeau, located in Queensland, offers a blend of urban convenience and natural beauty. This suburb, nestled in the Northern Gold Coast, is known for its peaceful environment, friendly community, and scenic surroundings.
Residents enjoy easy access to local amenities, parks, and recreational facilities, making it an ideal location for those seeking a tranquil yet connected lifestyle. Its proximity to both the city and the coast makes Ormeau a desirable place to live for a wide range of people.
More on cheap houses for sale in Gold Coast under $400 000
How much does a Gold Coast house cost?
The median house price in the Gold Coast is around $945,000, but there are certainly many options available for those seeking something more affordable. In fact, there are plenty of houses for sale on the Gold Coast under $400,000, particularly in suburbs like Carrara, South Stradbroke and Coombabah.
If you’re on a budget, you might want to explore townhouses or units to find something within your price range. Negotiation will also be your friend here.
What is the best suburb to live in Gold Coast?
As for the best suburb to live in on the Gold Coast, that depends on what you’re looking for. If you want to be close to the beach and enjoy the surf culture, then Surfers Paradise or Burleigh Heads might be the way to go. If you prefer a more relaxed, family-oriented lifestyle, then suburbs like Robina or Varsity Lakes might be a better fit.
Overall, some of the generally more popular suburbs are Southport, Burleigh Heads and Currumbin.
Will house prices drop Gold Coast?
Will prices drop on the Gold Coast? It’s hard to say for sure. Like any property market, the Gold Coast can be influenced by a variety of factors, including supply and demand, interest rates, and economic conditions.
But according to SQM Research, Gold Coast’s real estate market is predicted to weaken in 2023, signifying that the era of property boom in both Gold Coast and Sunshine Coast might come to an end. The report indicates that property values peaked in July 2022 and are now on the decline.
Where do millionaires live Gold Coast?
As for where millionaires live on the Gold Coast, you’ll likely find them in some of the more exclusive suburbs, such as Main Beach or Sanctuary Cove. These areas offer luxurious waterfront homes, high-end shopping and dining options, and plenty of opportunities for leisure and recreation.
Where to avoid living in Gold Coast?
There are some areas in Gold Coast you may want to avoid living in, particularly those with high levels of crime or social issues. Suburbs like Southport or Labrador, for example, may have more affordable housing options but may not be as desirable for some people due to safety concerns.
