Migration, lower interest rates could ignite Gold Coast property market
With the Gold Coast continuing to attract international and interstate migrants prices are set to soar in 2024, but which suburbs are best positioned to deliver home buyers and property investors the strongest capital growth and returns?
The prospect of lower interest rates and continued high migration is expected to push real estate values higher on the Gold Coast. (Image source: Shutterstock.com)
When looking at 2024 for the Gold Coast region, which continues to be one of the standout markets of Australia, we expect interest rates to have a minimal impact on the market.
With interest rates having risen sharply over a 20-month period to December 2023, the latest data is certainly suggesting that interest rates should have peaked.
An additional 0.25 per cent rise cannot be ruled out but most forecasters are now expecting to see interest r…
