Gold Coast: the best performing property market for 2017
Sydney’s property market continues to grow; Melbourne on the come-down; and Gold Coast to see a predicted 20% growth.
2017 is the year Gold Coast will outperform every other city with house prices to grow into double digits. This is off the back of bad times post-GFC: 2009-13 the market went backward, and then steadied before starting its growth in 2016.
The growth has been attributed to improved infrastructure, tourism and the announcement the Gold Coast will be hosting the Commonwealth Games.
The popular prediction is that the cost of mortgages on the Gold Coast will remain “incredibly affordable” even as we experience this boom.