Gold Coast Property Prices Average is still Increasing

Gold Coast home prices surged 9.26% over the past year, reaching a record median of $1.093 million across all dwellings, according to the latest PropTrack Home Price Index.

Most market commentators expect this price growth to continue due to supply issues and confidence from earlier rate cuts this year that have lowered mortgage repayments and boosted borrowing capacities.

Ongoing large-scale infrastructure projects and strong population growth, particularly from interstate migration, are driving sustained demand for both homes and units.

The Reserve Bank of Australia (RBA) is expected to keep the cash rate on hold at 3.6% for the remainder of 2025, according to the latest forecasts from the major banks. While some banks previously anticipated another rate cut in late 2025, most have now pushed back their predictions, with ANZ and Commonwealth Bank now forecasting the next cut in February 2026. NAB predicts a rate cut in May 2026. Only Westpac continues to forecast a possible 0.25% cut in November 2025, which would lower the cash rate to 3.35%.

Both buyers and sellers stand to benefit from the Gold Coast’s dynamic property market in 2025, with current supply and demand factors favouring prompt action to capitalise on strong market momentum.