Coast land of plenty

IT’S official – the Gold Coast has the hottest land market in the state.

A Commonwealth Gamesinspired building boom combined with ongoing supply issues has pushed the median price of land on the Gold Coast up 22.8 per cent in 12 months to more than $395,000 in the September quarter.

The research, in property group Oliver Hume’s new Quarterly Market Report released this week, showed demand for land remained strong across southeast Queensland.

“We see the Gold Coast as the strongest property market in Queensland with population growth remaining robust,” Oliver Hume Queensland general manager Matt Barr said.