17 March 2016
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Affordability, foreign investment and booming population growth are driving a more than 80 per cent jump in new apartment sales on the Gold Coast.
Nearly 1500 new apartments sold last year compared with just 825 in 2014, according to the Urbis Gold Coast Apartment Essentials report released yesterday.
Urbis senior consultant Lynda Campbell expects 2016 to follow suit. “The Gold Coast apartment market has experienced its highest level of activity in almost eight years, after a lag in residential construction following the global financial crisis,” Ms Campbell said.
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