Surfers Paradise Research Factsheet 1st Half of 2018
The Surfers Paradise property market recorded a median house price of $1,270,000 and $350,000 for units in Q4 2017, representing an annual price change of -0.4% and -4.1% respectively. Over the same period of time house prices in the Gold Coast City Region grew by 4.9% to $645,000 while unit prices remains the same at $415,000. This indicates that although there is a partial softening in the market, this suggests now is prime time for first home buyers to capitalise on affordability. Surfers Paradise is still a premium and sought-after market in comparison to the Gold Coast as a whole.
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