While Sydney’s real estate market has been steadily increasing over the past several years, the Gold Coast‘s is poised to catch up by 2024. This makes it an attractive option for first-time home buyers as well as investors. This article provides information on the different types of Gold Coast apartments. Here are a few tips for first-time buyers and investors to consider. In Gold Coast, you can find a great bargain!
A rental yield of at least 4.7% is typical for the Gold Coast. This is significantly higher than the CPI (Consumer Price Index), which measures inflation. Gold Coast apartment rental yields have outpaced all capital cities in Australia in the past three years, including Sydney and Melbourne. And the city’s high employment-to-population ratio means a positive investment for landlords. So, you can be sure that investing in a Gold Coast apartment will give you a positive return.
Apart from the sun, Gold Coast offers a range of recreation facilities. You can spend your time at the pool or in the spa, or even take part in water sports, like surfing or fishing. If you want to spend your days at the beach, you should stay in a Gold Coast apartment. You can find a perfect rental home for you and your family. And you can even get a great deal if you plan to rent an entire unit.
You can also choose between apartments in Southport or Broadbeach. The former was the colony’s southernmost port, and has seen rapid growth in the past few years. Southport is a cosmopolitan place with plenty of recreational space. Despite its busy city life, Southport is a perfect balance of nature and city life. For those who enjoy shopping and sightseeing, the Gold Coast offers many options. Its proximity to the ocean and many other attractions makes it an attractive option for buyers.
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