Are you interested in or looking for a place to invest in property? You might want to realign your search to where to invest in Gold Coast.
The Gold Coast is a coastal city in the Queensland State of Australia, approximately 30 kilometres south-south East of Brisbane State Capital. It offers great amenities from theme parks, shopping and surfing to an ancient rainforest.
Not forgetting its world-renowned tourist attractions like Surfers Paradise, among other beaches—you definitely won’t regret investing in Gold Coast!
Being the sixth largest city in Australia, Gold coast is a dedicated tourist town with plenty of fun stuff to do. Whether you like seeing wildlife, taking scenic walks or drives, whale watching, or building sand castles with your children at the beach, everyone can find something they’ll love here.
Where should I buy on the Gold Coast?
If you’re wondering where to invest in Gold Coast, there are several Gold Coast suburbs which are high up on a property investor’s list like Burleigh Heads and Mermaid Beach, just to mention a few.
Of course, cheap waterfront Gold Coast homes are hard to come by, which is why property prices in these suburbs are on the higher side.
The good news is now might be a better time for property investment. After a period of uncertainty around a controversial land tax, investors’ hopes have been renewed. South-East Queensland is expected to be a popular choice once again, and investors should take advantage of the cooling property market.
Low vacancy rates signal good opportunities to invest in the Gold Coast right now. Pay attention to safe places in the Gold Coast as those often show stable growth. Gold Coast property market predictions in 2023 are showing continued growth.
Suggested Reading: Is there a rental crisis in the Gold Coast? Soho explores.
Burleigh Heads
- Median property prices: $1,445,000 for houses and $737,500 for units
- Rental House: $900 Per Week
- Rental units: $650 Per Week
Burleigh Heads is where the Gold Coast hinterland meets the sun, surf and spectacular views. Reflecting its central location, Burleigh Heads blends the best of the Northern and Southern Gold Coast, offering an abundance of natural tropical beauty, holiday attractions and a world-class selection of restaurants, cafes and boutique shops all complementing one of the most breath-taking surf beaches on the Gold Coast.
Burleigh Heads is home to the village market, a bi-monthly event that promotes local designers and artists. The suburb has a population of 10,077 people (2016 estimate). It has several tourist attractions like a park reserve, and a beach offers one of the best swimming and surfing beaches.
In addition, it has a good education system, amenities and various recreational activities like surfing, cricket and soccer. When people look for real estate in Gold Coast to rent, this is one of the most popular choices.
The suburb has various major shopping and industrial hubs which allow investments. Burleigh Heads benefits from the Gold Coast’s famous year-round warm climate, making it a destination for any season. It has Swell Burleigh Hotel and Resort where one can discover anything Burleigh Heads has to offer.
Upper Coomera
- Median property prices: $743,000 for houses and $491,000 for units
- Rental House: $630 Per Week
- Rental units: $500 Per Week
Known for the peacefulness and greenery, many Queensland residents love to call Coomera home. Whether you’re looking for a calm neighbourhood to raise a family or to retire, Coomera attracts both these demographics.
Moreover, this area is set for growth. It already plays host to visitors going to the famous Dreamworld, but it also has plans for a TAFE, a university campus and another huge shopping centre.
There are several residential developments currently underway, meaning lots of investment opportunities.
Helensvale
- Median property prices: $1,080,000 for houses and $494,500 for units
- Rental House: $800 Per Week
- Rental units: $480 Per Week
The sweet suburb of Helensvale is perfect for those looking a little further down south of the Gold Coast. Over the years, Helensvale has seen rapid growth in the property market and it isn’t about to slow down anytime soon.
With easy access to both the Gold Coast and Brisbane, Helensvale is conveniently located. As one of the fastest growing suburbs away from the coast, dwellers here get the peace and quiet of the Gold Coast hinterland.
Golf courses, natural reserves and amazing hiking trails are at their disposal. But if needed, the closest beach is just 11 kilometres away.
Mermaid Beach
- Median property prices: $2,450,000 for houses and $735,000 for units
- Rental houses: $1,150 per week
- Rental units: $650 Per Week
Being a coastal suburb on the Gold Coast in Queensland, it is bound to the west by the artificial canals of adjacent Mermaid Waters, to the East by the Pacific Ocean, to the North by the suburb of Broadbeach and to the South, by Miami.
There are no schools in Mermaid Beach but there are primary schools in neighbouring Broadbeach and Mermaid Waters.
With a population of 6,533 (2016 estimate), Other community groups include Mermaid Beach Surf Saving Club and Nobby Beach Surf Life Saving Club.
It is known for its golden beaches which are easy to access and some of the best wave breaks in Australia. There is a whole three kilometres off the coast dedicated to off-leash dogs across Tallebudgera, the spit and Palm Beach. It also has a Gold Coast Light Rail that makes getting around a breeze.
The Gold Coast International Airport, located just 20 minutes south of Mermaid Beach, will take you to places where you can fly throughout Australia and to 31 international destinations.
Factors to consider when choosing where to invest in Gold Coast
A few key factors to observe when thinking about where to invest in Gold Coast include:
- The property location, for example, closeness to markets, warehouses, freeways and tax-exempt areas.
- Think about your budget as this will help you select a suburb wisely.
- Observe safety and security, that is, the crime rate and the environmental cleanliness.
- Consider the transport system of the location, such as the availability of public transport.
- Valuation of the property as it is important during the purchase, listing price, investment analysis, insurance and taxation.
- Investment purpose and investment horizon.
