When it comes to real estate, there is nothing quite like the dazzling and luxurious lifestyle offered by Gold Coast Australia luxury real estate. From the sparkling waters of the ocean to the luxury homes with day spas and private pontoons, this coastal city has something for everyone. But while the region is a hotspot for affluent Australians, the real estate market in the city is still in recovery mode from its frenzied growth.
The housing market in Gold Coast is stronger than expected, but it is still lagging behind the rest of the country. The median price of a house on the Gold Coast is $1.1 million, nearly double the state’s median. Unit values are less volatile, however. In recent weeks, two-bedroom units have gone under offer for $22 million. The price rise is due to the tight supply of luxury apartments. Moreover, the upcoming Olympics in Brisbane will further strengthen the state’s infrastructure.
Faye, a resident of Gold Coast, is considering voting. Although voting is mandatory in Australia, she is unsure which candidate to support. Nonetheless, she has one request: “If I buy a luxury real estate in Australia, I’m going to vote for him.”
Although there are risks associated with buying property in Australia, the market will remain solid. The region has a long-term record of rising property prices. As a result, there is little risk of a collapse in prices. While the waterfront is a popular area to buy luxury properties, the suburbs are experiencing a boom as well. This will continue until the supply of luxury homes becomes scarce. You’ll have to be patient – a Gold Coast property boom is unlikely to end soon.
One of the best times to sell your Gold Coast property is during summer. This is when tourists and other buyers will be most interested in the area. This is because the area is flooded with tourists in search of a dream home or an investment. The key is to show your property at the right time to attract the most prospective buyers. Fortunately, it is not difficult to find a good agent to help you find your dream property.
Despite the global trend of falling property prices, Gold Coast’s premium property market has continued to increase despite the pandemic. The Knight Frank’s Prime Global Cities Index has shown positive growth even over the COVID-19 pandemic, bucking the trend and recording positive growth compared to the rest of the world. The top five percent of each market by value is considered prime property. Gold Coast was in the top 10 of the list.
Those looking for a Gold Coast luxury home should check out Elite Holiday Homes, a boutique real estate agency that specializes in providing luxurious holiday homes. These homes can be found near the beach and within walking distance to local restaurants. Elite Holiday Homes can even organise private dining for your guests. Whether you are looking for a luxury holiday home or a permanent residence, Elite Holiday Homes can cater to your needs. There are luxury homes for sale in Gold Coast, including two-bedroom villas on the waterfront.
A Sydney-based couple recently bought three properties on the Gold Coast in six months when the market was booming. They are confident that these properties will contribute to their long-term wealth. The couple hopes that the properties will hold their value and be able to provide a good rental income for the years to come. And since the market is now recovering from the downturn, they are keen to buy more properties in the same area.
The most extravagant and luxurious Gold Coast property is Villa Blue Waters, a five-bedroom house on 1950sq m of waterfront land, located 15 minutes north of Surfers Paradise. The property features Swarovski crystal chandeliers, Versace detailing, an eight-space marble garage show room, a Turkish plunge spa, a designer dressing room, a hydrotherapy steam room, a private pool, double boat ramp, pontoon, and a Teppanyaki cabana overlooking the 12-metre lagoon.
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