Property Prices in Gold Coast, Australia

Index Info
Price to Income Ratio: 10.58
Mortgage as Percentage of Income: 94.95%
Loan Affordability Index: 1.05
Price to Rent Ratio - City Centre: 24.68
Price to Rent Ratio - Outside of Centre: 15.06
Gross Rental Yield (City Centre): 4.05%
Gross Rental Yield (Outside of Centre): 6.64%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,780.00 A$ 2,200.00-4,000.00
Apartment (1 bedroom) Outside of Centre 2,050.00 A$ 1,700.00-2,400.00
Apartment (3 bedrooms) in City Centre 3,911.67 A$ 3,500.00-4,920.00
Apartment (3 bedrooms) Outside of Centre 3,114.29 A$ 3,000.00-3,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,254.18 A$ 882.57-1,950.95
Price per Square Feet to Buy Apartment Outside of Centre 581.92 A$ 516.07-1,950.95
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,670.83 A$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.54 5.50-7.90

These data are based on 70 entries in the past 18 months from 15 different contributors.
Last update: March 2025

Sources and References
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