As we officially say goodbye to 2024, it’s clear it’s been another big year for the Gold Coast property market.
Whether you’ve been keeping an eye on Burleigh Waters, Mermaid Waters, Broadbeach or any other Gold Coast suburb, the numbers tell an exciting story of growth, demand, and opportunity.
Let’s dive into a handful of key highlights that Matt from the Hemko team has pulled together.
Big Sales, Bigger Values
Some suburbs saw impressive total sales figures this year:
- Hope Island had 331 sales totaling a massive $714M, with a median home value of $1.48M.
- Broadbeach Waters followed with 204 sales at $558M, boasting a median value of $2.23M.
- Palm Beach recorded 225 sales worth $530M, with a median value of $1.83M.
Spotlight on Burleigh Waters
It was a standout year for Burleigh Waters, where the median home value rose 11.9% to $1.68M. Homes sold quickly, spending just 24.5 days on the market on average, with 251 properties changing hands throughout the year.
Mermaid Waters Growth
Mermaid Waters also saw solid growth, with the median home value increasing 9.8% to $1.87M. Properties spent an average of 38 days on the market, and 210 homes were sold in 2024.
Broadbeach Units Shine
Broadbeach units proved popular, with 498 units sold this year. The median unit value rose 11.7% to $1.07M, with properties averaging 31 days on the market.
What Gold Coast Buyers Want
According to Domain, the most searched keywords in Queensland (outside Brisbane) included “waterfront,” “pool,” “view,” “beach,” and “river.” It’s clear buyers are drawn to the lifestyle the Gold Coast offers.
If you’re curious about other market insights for 2024—or want to explore opportunities in other areas—get in touch with us. we’re happy to provide 2024 insights on any other Gold Coast suburbs, or our recommendations for the suburbs to buy in in 2025.