Sales for the Gold Coast’s new apartment market increased by 29 per cent from the previous quarter, recording 198 sales according to the latest Urbis Apartment Essentials results.
Ms Lynda Campbell, Senior Consultant at Urbis, noted that the number of developments monitored for sale on the Gold Coast has increased dramatically over the last five years. “In Q3 2014 we monitored 29 active new apartment developments – we are now monitoring 78 developments which are actively selling,” Ms Campbell said. “The Gold Coast skyline continues to change as people choose apartment living, and there is still a significant pipeline of future supply which will continue to house residents as the Gold Coast grows.”