Recent data reveals interesting trends in the property markets of Gold Coast and Brisbane. These figures represent suburb-level aggregates, offering a broad view of each city’s real estate landscape.
The Gold Coast has seen significant growth in median property prices over the past few years. From a median of $560,675 in January 2017, prices have nearly doubled to $1,110,066 by October 2024. This represents a substantial increase of almost 98% over this period.
Brisbane, while also experiencing growth, has shown a more moderate trajectory. Starting from $610,831 in January 2017, Brisbane’s median property price reached $1,029,708 by October 2024. This equates to an increase of approximately 68% during the same timeframe.
Interestingly, the gap between Gold Coast and Brisbane property prices has widened. In early 2017, Brisbane’s median was actually higher than the Gold Coast’s. However, by late 2024, Gold Coast properties commanded a premium of about $80,000 over their Brisbane counterparts.
Both cities have shown consistent upward trends, with occasional minor fluctuations. The Gold Coast, in particular, has demonstrated stronger growth momentum in recent years.
It’s clear that both markets have experienced substantial appreciation, reflecting the overall strength of Southeast Queensland’s property sector.
