Prices Are High, Stock Is Limited, and We’re Behind on Our Building Targets – What Is in Store for 2025 in Gold Coast Real Estate?
The Gold Coast property market has faced a challenging few years, with rising prices, a shortage of available stock, and delays in new developments contributing to an increasingly competitive landscape. As we move into 2025, the question on everyone’s mind is: What’s next for real estate on the Gold Coast?
Current Market Overview
At the end of 2024, property prices on the Gold Coast remained at record highs, fueled by strong demand and limited supply. Migration from interstate, particularly from Sydney and Melbourne, has kept the pressure on housing, with many buyers willing to pay premium prices for homes near the coastline and within key growth corridors.
Despite these demand levels, stock remains constrained. CoreLogic and REA Group data indicate that the number of listings in the Gold Coast market is well below historical averages. This is partially due to ongoing reluctance from homeowners to sell, as well as delays in new developments that have stalled supply.
Supply Issues and Development Delays
One of the biggest hurdles for the Gold Coast housing market is the shortfall in new housing supply. The city’s construction sector has faced numerous challenges, including:
- Rising construction costs – Labour shortages and increased material costs have made building more expensive and slowed the rollout of new housing projects.
- Planning and approval delays – Local councils and state government processes have struggled to keep up with demand, leading to bottlenecks in development approvals.
- Infrastructure limitations – Transport, roads, and public amenities need expansion to support new developments, but funding and planning have lagged behind population growth.
These factors mean that even as demand surges, the number of new dwellings being completed remains well below what’s required to keep pace with migration trends.
What to Expect in 2025
Looking ahead to 2025, several key trends will shape the Gold Coast property market:
1. Continued Price Growth (But at a Slower Pace?)
The affordability crisis is real, but demand for property remains high. Unless there is a significant increase in supply, prices are unlikely to drop. Instead, we may see a moderation in the rate of price growth rather than a sharp decline.
2. Rental Market Pressures Will Continue
The rental market remains under pressure, with record-low vacancy rates and rising weekly rents. Investors who hold property in high-demand areas will likely continue to see strong yields. Renters, on the other hand, may face further price hikes unless more rental stock comes onto the market.
3. Interstate and International Interest Remains Strong
The Gold Coast remains one of the most desirable destinations for both domestic and international buyers. With the 2032 Brisbane Olympics drawing closer, infrastructure projects and global attention on Southeast Queensland will likely sustain buyer interest in the region.
4. More High-Density Living Solutions
Given the shortage of land for standalone homes, the shift toward high-density developments such as apartments and townhouses will continue. Areas like Southport, Broadbeach, and Robina are already seeing an increase in mid-rise and high-rise developments to cater to growing demand.
5. Government Intervention?
Pressure is mounting on the government to address housing supply and affordability. In 2025, we may see increased incentives for developers, potential tax breaks for build-to-rent projects, and streamlined planning approvals to fast-track new housing.
Advice for Buyers, Sellers, and Investors
For Buyers: If you’re looking to enter the market, acting sooner rather than later may be wise, as prices are unlikely to decrease significantly. Consider emerging suburbs with upcoming infrastructure projects.
For Sellers: The limited stock situation means you’re still in a strong position. If you’re considering selling in 2025, the demand is likely to remain strong, particularly for well-located properties.
For Investors: The rental crisis presents opportunities for investors, particularly in high-demand suburbs. Strong rental yields and continued migration make the Gold Coast a viable long-term investment option.
Final Thoughts
The Gold Coast property market in 2025 will continue to be shaped by supply shortages, strong demand, and ongoing affordability challenges. While government interventions and new developments may help ease some pressures, the fundamentals of high demand and constrained supply mean the market will likely remain competitive. For those looking to buy, sell, or invest, staying informed and making strategic decisions will be key to navigating the year ahead.