Gold Coast, Australia
Property prices · 2024 · Oceania
Property price trend in Gold Coast (2024–2026)
Property comparison — cities in Australia (2024)
| City | Centre /sqm | Outside /sqm | 1-Bed Rent | vs Gold Coast |
|---|---|---|---|---|
| Gold Coast | AUD 10,200 | AUD 6,700 | AUD 2,100 | — |
| Sydney | AUD 18,500 | AUD 11,500 | AUD 2,800 | +81.4% |
| Melbourne | AUD 14,500 | AUD 9,200 | AUD 2,200 | +42.2% |
| Canberra | AUD 11,000 | AUD 7,200 | AUD 2,200 | +7.8% |
| Brisbane | AUD 9,800 | AUD 6,500 | AUD 1,800 | -3.9% |
| Adelaide | AUD 8,500 | AUD 5,600 | AUD 1,900 | -16.7% |
| Perth | AUD 7,800 | AUD 5,200 | AUD 1,600 | -23.5% |
Other Oceania cities (2024)
Frequently asked questions
How much does property cost in Gold Coast in 2024?
In Gold Coast, the average price per sqm in the city centre is AUD 10,200, and AUD 6,700 outside the centre (2024 data). Prices have risen 9% since 2024.
How much is rent in Gold Coast in 2024?
A 1-bedroom apartment in Gold Coast rents for approximately AUD 2,100 per month in 2024. A 3-bedroom apartment costs around AUD 3,400/month.
Is it better to buy or rent in Gold Coast?
Renting is generally more cost-effective in Gold Coast. The price-to-rent ratio is 24.0x — it would take approximately 24.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 5.80%.
What are mortgage rates in Australia in 2024?
The average mortgage rate in Australia is approximately 5.80% as of 2024. With a price-to-rent ratio of 24.0x, buyers should carefully weigh mortgage costs against rental savings.
What is the price per sqm in Gold Coast?
The average property price per square metre in Gold Coast city centre is AUD 10,200 in 2024. Outside the centre, expect to pay around AUD 6,700/sqm.