Why Gold Coast is a hot spot for property investors

Surfers Paradise Uncategorised 28th June, 2022 No Comments

The Gold Coast is one of the best cities to invest in Queensland, according to new research. 

Fourteen of the city’s suburbs make Queensland’s top 20 list. The research was commissioned by Well Money which identified the top 20 investment-grade suburbs in QLD where buyers have a negotiating advantage.

Currumbin Waters (houses) came in second while Reedy Creek (houses) and Mudgeeraba (houses) ranked sixth and seventh.

Other suburbs in the top 20 included Broadbeach (units), Mermaid Beach (units) and Burleigh Heads (units).

For those investors who are financially secure, these 20 suburbs are worth considering as possible locations in which to invest.

Credit: Realestate.com 

TOP 20 RANKING

Rank, Suburb, Postcode, Property type, 10-year gain

1. Tugun, 4224, House, 151%

2. Currumbin Waters, 4223, House, 151%

3. Twin Waters, 4564, House, 132%

4. Little Mountain, 4551, House, 107%

5. Meridan Plains, 4551, House, 107%

6. Reedy Creek, 4227, House, 106%

7. Mudgeeraba, 4213, House, 106%

8. Broadbeach, 4218, Unit, 96%

9. Mermaid Beach, 4218, Unit, 96%

10. Burleigh Heads, 4220, Unit, 96%

11. Palm Beach, 4221 Unit, 93%

12. Tugun, 4224, Unit, 93%

13. Buderim, 4556, House, 92%

14. Sippy Downs, 4556, House, 92%

15. Parkwood, 4214, House, 90%

16. Pacific Pines, 4211, House, 88%

17. Highland Park, 4211 House, 88%

18. Banyo, 4014, House, 87%

19. Boondall, 4034, House, 87%

20. Hollywell, 4216, House, 86%