South rates highly

The Gold Coast’s top 10 in­de­mand suburbs has been re­veal, and the re­sults might sur­prise you

Weekend Gold Coast Bulletin - Property - - FRONT PAGE - WORDS JES­SICA BROWN

HOUSE hunters are turn­ing to the Gold Coast’s south­ern suburbs to find their dream home.

Lat­est data shows the Coast suburbs in high­est de­mand were all south of Burleigh Heads.

The top 10 were de­ter­mined based on the num­ber of prop­erty views per list­ing.

Burleigh Heads topped the list with 3943 views per list­ing fol­lowed closely by Tu­gun with 3825 and Talle­budgera Val­ley with 3671.

Palm Beach claimed 4th place with 3472 views per list­ing, then Talle­budgera (3252) and Cur­rumbin Waters (3016).

Cur­rumbin Val­ley, Elanora, Cur­rumbin and Bilinga each had just un­der 3000 views per list­ing.

Nerida Con­is­bee, chief econ­o­mist, said it wasn’t un­usual for the top 10 to be made up of mostly south­ern suburbs.

She said house hunters often kept on eye out for prop­er­ties in these ar­eas to hit the mar­ket as few were ever listed.

Lim­ited de­vel­op­ment also made it harder to get a foot in many of the suburbs, Mrs Con­is­bee said. “It’s a lit­tle bit more tightly held,” she said. She said there was gen­er­ally a cor­re­la­tion be­tween de­mand and price growth, with house val­ues in some of the suburbs climb­ing rapidly.

“When we have a look at price growth, they do quite well,” she said.

De­mand for rental prop­er­ties was also in high de­mand in many of these suburbs.

“Tu­gun al­ways comes up as one of the most in de­mand,” Mrs Con­is­bee said.

The Gold Coast recorded the high­est num­ber of views per list­ing than any other Queens­land re­gional LGA.

Burleigh Heads tops the list of the Gold Coast’s in de­mand suburbs.

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