Gold Coast Quarterly Price Growth Trails Same Period Last Year

Gold Coast median dwelling prices reached $852,000 at the end of June, reflecting a 1.4 per cent quarterly rise that fell short of the 3.9 per cent gain recorded in the same period last year.

The slower pace comes as interest rates remain elevated and more listings hit the market after the Easter break. Buyers who delayed purchases earlier in the year are now returning, yet they face tighter lending conditions that have curbed the rapid bidding seen twelve months ago. Tourism recovery has supported demand in beachside pockets, while downsizer activity continues to underpin sales in established inland suburbs.

Broadbeach and Burleigh Heads Lead Local Activity

Broadbeach recorded the strongest quarterly median movement at 2.1 per cent, driven by renewed interest in units along Surf Parade and near the Gold Coast Convention and Exhibition Centre. Burleigh Heads followed with a 1.8 per cent lift, where properties close to Goodwin Terrace and the Burleigh Markets precinct attracted cash buyers looking to downsize. The Gold Coast City Council’s recent upgrades to parkland along the foreshore have added appeal for these locations without pushing prices beyond the reach of local owner-occupiers.

Further north, Surfers Paradise saw more modest movement of 0.9 per cent, with Cavill Avenue apartments trading at a median of $685,000. Sales volumes in the June quarter totalled 2,148 across the city, down from 2,376 in the corresponding quarter of 2025, according to CoreLogic data released this week.

Outlook and Buyer Steps

Agents expect listings to remain elevated through spring, giving purchasers more choice and time to negotiate. Those targeting Broadbeach or Burleigh Heads should review current rate offers from lenders before the next Reserve Bank meeting in August. Checking recent comparable sales on streets such as Old Burleigh Road or near the Southport Broadwater Parklands will help set realistic offers ahead of the next quarterly update.