{"id":3237,"date":"2022-11-29T00:42:34","date_gmt":"2022-11-29T00:42:34","guid":{"rendered":"https:\/\/royabhishek.in\/urbanbuyer\/?p=3237"},"modified":"2022-11-29T00:54:34","modified_gmt":"2022-11-29T00:54:34","slug":"gold-coast-property-update-november-2022","status":"publish","type":"post","link":"https:\/\/royabhishek.in\/urbanbuyer\/gold-coast-property-update-november-2022\/","title":{"rendered":"Gold Coast Property Update November 2022"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"450\" src=\"https:\/\/royabhishek.in\/urbanbuyer\/wp-content\/uploads\/2022\/03\/gold-coast.jpg\" alt=\"\" class=\"wp-image-2230\" srcset=\"https:\/\/royabhishek.in\/urbanbuyer\/wp-content\/uploads\/2022\/03\/gold-coast.jpg 800w, https:\/\/royabhishek.in\/urbanbuyer\/wp-content\/uploads\/2022\/03\/gold-coast-300x169.jpg 300w, https:\/\/royabhishek.in\/urbanbuyer\/wp-content\/uploads\/2022\/03\/gold-coast-768x432.jpg 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Will South East Queensland Maintain its Hot Property Status?<\/strong><\/h2>\n\n\n\n<p>With the rumble of <strong>recent interest rate rises<\/strong> being felt across Australia, how will regional property markets fare? <\/p>\n\n\n\n<p>We look to the sparkling Gold Coast and popular South East Queensland market to see what\u2019s looming for this real estate hot spot, and how to make the most of opportunities on the horizon.<\/p>\n\n\n\n<p>Checking in with the latest figures, things are not all doom and gloom.<\/p>\n\n\n\n<p>Our <strong>Gold Coast property update<\/strong> for November reveals a quiet optimism for the market\u2019s future.<\/p>\n\n\n\n<p>And here\u2019s why:<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Capital city versus regional market falls<\/strong><\/h2>\n\n\n\n<p>While Australia\u2019s capital cities face their most significant property market falls since the GFC in 2008, many regional areas are beginning to follow suit, but with much more restrained reductions to date.<\/p>\n\n\n\n<p>PropTrack Home Price Index shows national housing values have fallen with Australian Capital City property values down by -4.38% from the peak. By comparison, regional dwelling values have seen a modest -1.84% fall from the peak.<\/p>\n\n\n\n<p>With further interest rate hikes predicted, both capital city and regional markets face challenging times ahead. But, boasting an enviable lifestyle and easy commute to Brisbane, the Gold Coast property market is well-placed to weather this financial storm.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Capital city versus regional market growth<\/strong><\/h2>\n\n\n\n<p>CoreLogic data indicates Australia\u2019s regional dwelling values were up 41.1% from pandemic trough to pandemic peak, compared with an increase of 25.5% for capital city dwellings over a comparable period.<\/p>\n\n\n\n<p>Research Director, Tim Lawless attributes the stronger growth to a significant shift towards \u2018commutable regional markets\u2019 as Australians embrace working from home.<\/p>\n\n\n\n<p>The Gold Coast is perfectly positioned to take advantage of this trend.<\/p>\n\n\n\n<p><em>&nbsp;<\/em>With choppy waters ahead for the Australian property market, Lead Buyers Agent, Daniel Di Mascio from Queensland\u2019s Urban Buyer explains the<strong> Gold Coast property market strengths,<\/strong> and<strong> predictions of South East Queensland\u2019s relative market resilience<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Gold Coast property market insights<\/strong><\/h3>\n\n\n\n<p>After 2 years of breath-taking capital growth, how is the Gold Coast positioned for the predicted market easing ahead?<\/p>\n\n\n\n<p>Prime lifestyle locations have the advantage when it comes to weathering interest rate rises. The Gold Coast is an <strong>excellent candidate for regional resilience<\/strong> with lifestyle, a strong local economy and capital city proximity in its favor.<\/p>\n\n\n\n<p>With direct flights from both Sydney and Melbourne, South East Queensland has seen <strong>significant domestic migration<\/strong> with thousands moving to the region each year in pursuit of desirable waterside living. <a href=\"https:\/\/www.abc.net.au\/news\/2021-10-17\/gold-coast-public-transport\/100538104\" rel=\"nofollow\">Gold Coast Mayor, Tom Tate<\/a>, is expecting the city\u2019s population to reach one million by 2036 \u2013 five years earlier than predicted.<\/p>\n\n\n\n<p><strong>Gold Coast property market strengths<\/strong><\/p>\n\n\n\n<p>The Gold Coast and South East Queensland real estate market are underpinned by:<\/p>\n\n\n\n<ol class=\"wp-block-list\" type=\"1\"><li>A strong local economy<\/li><li>High levels of domestic migration<\/li><li>Low unemployment<\/li><li>Idyllic lifestyle and climate<\/li><li>Value for money<\/li><li>Work-from-home culture<\/li><li>Infrastructure spending<\/li><\/ol>\n\n\n\n<p>With $20 billion worth of infrastructure spending ahead of the 2032 Olympic Games and&nbsp;further projects in the pipeline, the Gold Coast\u2019s economic future is full of promise. <\/p>\n\n\n\n<p>Home to major university campuses, international sporting facilities and an abundance of entertainment options, the Gold Coast continues to present excellent buying for investors and homeowners alike.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Gold Coast Property Market Update: Heading towards a Buyer\u2019s Market<\/strong><\/h3>\n\n\n\n<p>So, we\u2019re heading towards a buyer\u2019s market. <\/p>\n\n\n\n<p>Are you ready to make the most of these market opportunities?<\/p>\n\n\n\n<p><strong>\u2018Smart investors understand cycles,\u2019 Urban Buyer\u2019s Daniel Di Mascio explains, \u2018and with interest rates currently on the rise, identifying strong investment opportunities is essential. As the market focus shifts from vendors to buyers, conditions will suit savvy investors and home buyers looking to purchase real estate on the Gold Coast.\u2019 <\/strong><\/p>\n\n\n\n<p>If you\u2019re interested in building your Gold Coast property portfolio or buying your perfect home in South East Queensland, Urban Buyer is here to help. <\/p>\n\n\n\n<p>We find the perfect property for your situation.<\/p>\n\n\n\n<p><strong>Talk to an experienced buyers agent today<\/strong>. <strong>Call us direct on \t\n<a href=\"tel:1300 828 937\">1300 828 937<\/a><\/strong><\/p>\n\n\n<p><strong>Article by Daniel Di Mascio &#8211; Licensed Buyers Agent and Property Specialist<\/strong><\/p>\n<p><!-- \/wp:post-content --><\/p>\n<table>\n<tbody>\n<tr>\n<td style=\"width: 112px;\"><img decoding=\"async\" src=\"https:\/\/royabhishek.in\/urbanbuyer\/wp-content\/uploads\/2022\/08\/Profile-Photo_Compressed-225x300.jpg\" alt=\"Daniel Di Mascio - Buyers Agent Gold Coast &amp; Townsville\" width=\"225\" height=\"300\"><\/td>\n<td style=\"width: 626px;\">\n<p>Daniel holds a Bachelor\u2019s Degree in Building, graduating with Honours, and a Masters Degree in Law with a major in Alternate Dispute Resolution, both of which were obtained from the University of Technology, Sydney. &nbsp;<\/p>\n<p>This coupled with his practical experience as a builder, developer and lawyer, provides a solid knowledge base for well-researched and negotiated property opportunities throughout Australia.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>","protected":false},"excerpt":{"rendered":"<p>With the rumble of recent interest rate rises being felt across Australia, how will regional property markets fare? <\/p>\n<p>We look to the sparkling Gold Coast and popular South East Queensland market to see what\u2019s looming for this real estate hot spot, and how to make the most of opportunities on the horizon.<\/p>\n","protected":false},"author":1,"featured_media":2920,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34,192,24,79,70,1],"tags":[201,197,198,195,200,199],"class_list":["post-3237","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gold-coast","category-gold-coast-property-market-update","category-home-buyers","category-home-buying-and-selling","category-market-update","category-trending","tag-buyers-agents-gold-coast","tag-gold-coast-property-market-update","tag-gold-coast-south-east-qld","tag-latest-news","tag-property","tag-real-estate"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Gold Coast Property Market Update November 2022 | Urban Buyer<\/title>\n<meta name=\"description\" content=\"Get the hottest tips on the Gold Coast property market. 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