The Gold Coast apartment market is switching from skyscrapers such as Q1 and Soul, both of which are more than 75 levels, to smaller projects featuring bigger apartments and higher prices.
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Urbis reports there were 742 new apartment sales in the first quarter of 2021, by far the largest amount since it began tracking the market in 2013, and supply has decreased.
We’re getting buyers from Melbourne, Sydney, Adelaide and Brisbane. If I had more stock I could place it straight away. Roland Evans, Canford Estate Agents
Roland Evans from Canford Estate Agents, who negotiated the Surfers Royale sale, said as a consequence the development market is hot and that beachfront land prices have risen a further 10 per cent in the past month.
Second-oldest bowls club on the Gold Coast back on the market after it was deserted for ten years
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LOOK INSIDE: Derelict Surfers Paradise lawn bowls club tower back on the market
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