Surfers Paradise 
The Gold Coast property market is expected to avoid the fallout seen in other cities from tightening credit as strong domestic migration levels support demand.
Domain research analyst Nicola Powell said despite weakness in some segments, new residents continue to be lured from NSW by the lifestyle and comparative affordability.
“The Gold Coast market has seen demand from investors and international buyers reduce while at the same time high interstate migration and retiree demand has been a positive influence,” she said.
“Over the medium term, these popular coastal destinations with good infrastructure are likely to continue to attract people for the lifestyle and affordability.”
ABS census data shows that the portion of Gold Coast residents aged 65 and over is forecast to increase from 16.4 per cent to 20.2 per cent between 2016 and 2036.
Net migration for the Gold Coast is also high. The most recent ABS data shows that Gold Coast recorded the highest regional internal migration, adding an additional 7077 residents in the year ended June 2017.
Source: Financial Review
