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Gold Coast Luxury Property Market Overview
Australia’s Second Most Expensive Market Based Off Median House Prices
The Gold Coast's property market has experienced significant growth, with 40 out of 80 suburbs now boasting median house prices exceeding $1 million. This surge reflects a broader trend across Queensland, where numerous suburbs have joined the "million-dollar club."
1. Burleigh Heads
Burleigh Heads Property Data
| Suburb | Median Price | Quarter Growth | Yearly Growth | 3 Year Growth | 5 Year Growth | 10 Year Average Annual | Average Days on Market | Gross Rental Yield % |
|---|---|---|---|---|---|---|---|---|
| Burleigh House | $1,300,000 | 2.31% | -1.48% | 15.65% | 63.19% | 8.52% | 61.4 Days | 3.71% |
| Burleigh Unit | $975,000 | 1.56% | 2.63% | 32.11% | 71.05% | 10.06% | 47 Days | 4% |
Burleigh Heads is one of the most sought-after locations on the Gold Coast, offering a lifestyle that blends natural beauty with premium amenities. Its world-class surf breaks, boutique shopping, and renowned dining precincts create an enviable coastal environment. High-net-worth buyers are increasingly securing homes here as a lifestyle investment.
The suburb has a mix of luxury apartments, architecturally designed homes, and waterfront residences, many of which feature uninterrupted ocean views. Demand continues to grow, with houses in Burleigh Heads experiencing a 8.52% average annual price increase over the last 10 years. And Units in Burleigh Heads experiencing a 10.06% average annual price increase over the last 10 years
Dining is a key part of Burleigh’s appeal offering some of the best beachfront dining experiences in Australia. James Street is lined with high-end boutiques, artisan coffee shops, and premium fitness studios, attracting professionals and entrepreneurs who value convenience and quality.
Burleigh Heads is also home to Burleigh Head National Park, a protected coastal reserve with scenic walking trails and panoramic views of the coastline. The combination of natural surroundings and an exclusive atmosphere makes it one of the Gold Coast’s most desirable places to live.
The suburb’s proximity to top schools and transport links adds to its appeal. Families seeking a high-end lifestyle within a strong community often choose Burleigh Heads due to its excellent education options.
With strong long-term capital growth, low housing supply, and increasing demand, Burleigh Heads remains a prime location for luxury property buyers looking for both lifestyle and investment opportunities.
2. Burleigh Waters
Burleigh Waters Property Data
| Suburb | Median Price | Quarter Growth | Yearly Growth | 3 Year Growth | 5 Year Growth | 10 Year Average Annual | Average Days on Market | Gross Rental Yield % |
|---|---|---|---|---|---|---|---|---|
| Burleigh Waters House | $1,455,000 | -3% | 2.11% | 27.63% | 90.20% | 10.11% | 43.8 Days | 3.57% |
| Burleigh Waters Unit | $804,000 | 10.90% | 21.82% | 55.51% | 84.83% | 9.64% | 34.3 Days | 5.03% |
Burleigh Waters is a sought-after enclave offering a blend of luxury and tranquillity. With wide canal-front properties, modern architecturally designed homes, and spacious blocks, the suburb is ideal for families and professionals looking for privacy and proximity to premium amenities.
Properties in Burleigh Waters are tightly held, with limited turnover driving consistent price growth. Houses in Burleigh Heads have enjoyed a strong 10.1% average annual growth rate over the last 10 years.
And Units have seen similar growth recording 9.34% average annual over the same period. These results reflect high demand, particularly from buyers relocating from Sydney and Melbourne. Many homes feature private pontoons, pools, and expansive outdoor entertaining areas, making them perfect for those seeking a resort-style lifestyle.
Despite its peaceful setting, Burleigh Waters is minutes from Burleigh Beach and James Street, offering access to high-end dining, boutique shopping, and an active outdoor culture. Residents enjoy proximity to Burleigh Head National Park, a favourite for weekend hikes and scenic ocean lookouts.
The suburb’s family-friendly appeal is enhanced by top-rated schools, including Marymount College, Caningeraba State School, and St. Andrews Lutheran College. Parents seeking high-quality education in an established, upmarket community often choose Burleigh Waters as a long-term home base.
Transport links provide seamless connectivity to Gold Coast Airport and Brisbane, making it an attractive option for business professionals and remote workers. With strong capital appreciation, a premium lifestyle offering, and growing interstate demand, Burleigh Waters remains a top choice for luxury property buyers.
3. Mermaid Beach
Mermaid Beach Property Data
| Suburb | Median Price | Quarter Growth | Yearly Growth | 3 Year Growth | 5 Year Growth | 10 Year Average Annual | Average Days on Market | Gross Rental Yield % |
|---|---|---|---|---|---|---|---|---|
| Mermaid Beach House | $2,475,000 | -12% | -0.30% | 22.52% | 73.68% | 11.22% | 72 Days | 1.79% |
| Mermaid Beach Unit | $830,000 | 1.22% | 9.21% | 46.47% | 90.59% | 9.35% | 36.6 Days | 4.71% |
Mermaid Beach is one of the Gold Coast’s most exclusive and tightly held suburbs, attracting high-net-worth buyers who value privacy, prestige, and direct beach access. The suburb is home to Hedges Avenue, known as "Millionaire’s Row", where some of the most luxurious homes in Australia command breathtaking ocean views.
Properties in Mermaid Beach are architecturally designed for luxury and exclusivity, featuring floor-to-ceiling glass, expansive outdoor living spaces, and private beach access. Many of these residences are owned by prominent business leaders, celebrities, and international investors, making it a discreet yet high-status location.
Mermaid Beach offers a low-density, boutique atmosphere, which separates it from high-rise-heavy neighbouring suburbs like Broadbeach and Surfers Paradise. Strict zoning laws ensure that high-rises will never overshadow this coastal enclave, maintaining its tranquil and exclusive feel.
Despite its quiet, residential nature, Mermaid Beach is minutes from world-class shopping and dining precincts. Pacific Fair Shopping Centre, The Star Casino, and the Broadbeach dining strip offer high-end retail, fine dining, and entertainment within easy reach.
The suburb also has an emerging wellness and fitness culture, with luxury pilates studios, private gyms, and holistic wellness centres drawing in a health-conscious community. For families, proximity to elite schools like Somerset College and All Saints Anglican School adds further appeal.
When you factor in all of the above, it’s easy to see why Mermaid Beach is one of the strongest performing suburbs in our top 8 over the last 10 years from an average annual growth rate perspective.
With houses boasting a huge 11.2% average annual growth rate over the last 10 years, and apartments a strong 9.35%. Mermaid Beach remains one of the most sought-after and resilient luxury property markets in Australia.
4. Miami
Miami Property Data
| Suburb | Median Price | Quarter Growth | Yearly Growth | 3 Year Growth | 5 Year Growth | 10 Year Average Annual | Average Days on Market | Gross Rental Yield % |
|---|---|---|---|---|---|---|---|---|
| Miami House | $1,627,500 | 10.15% | 23.30% | 47.29% | 128.10% | 11.55% | 47.3 Days | 2.94% |
| Miami Unit | $940,000 | 4.16% | 21.49% | 54.10% | 124.34% | 10.98% | 41.9 Days | 4.15% |
Miami has undergone a remarkable transformation over the past five years, evolving from a quiet coastal suburb into one of the Gold Coast’s most in-demand luxury markets. Buyers are drawn to its relaxed beachside atmosphere, premium dining scene, and high-end property offerings.
The suburb offers a mix of contemporary architect-designed homes, luxury townhouses, and stylish low-rise apartments. Many properties enjoy ocean views, direct beach access, or proximity to Miami's scenic headlands, making it an attractive alternative to busier nearby suburbs.
Miami’s growing café and dining culture is another major drawcard attracting both locals and visitors. The area has also become a hub for boutique wellness studios, organic grocers, and high-end fitness centres, appealing to a health-conscious community.
For families, Miami offers excellent schooling options, home to the Gold Coast’s second highest ranked state school Miami State High School and St. Andrews Lutheran College both nearby. The suburb’s strong community feel, safe streets, and well-maintained parks add to its appeal for professionals and families looking to settle in a prime coastal location.
Houses in Miami have been a safe bet for home buyers over the last decade, growing at 11.55% per annum. With units following closely recording a 10.98% average annual growth rate. Making Miami one of the fastest-growing luxury suburbs on the Gold Coast. As more buyers seek high-end homes with a relaxed, beach-centric lifestyle, demand is set to remain strong, cementing Miami’s status as a prestige market to watch.
5. Palm Beach
Palm Beach Property Data
| Suburb | Median Price | Quarter Growth | Yearly Growth | 3 Year Growth | 5 Year Growth | 10 Year Average Annual | Average Days on Market | Gross Rental Yield % |
|---|---|---|---|---|---|---|---|---|
| Palm Beach House | $1,652,000 | 1.38% | 12.61% | 37.71% | 94.41% | 11.92% | 51.2 Days | 2.99% |
| Palm Beach Unit | $940,000 | 4.44% | 17.13% | 42.43% | 113.15% | 10.52% | 40.7 Days | 4.15% |
Palm Beach has solidified its place as one of the Gold Coast’s most desirable coastal suburbs, offering a rare mix of luxury living, natural beauty, and vibrant community culture. With its unspoiled beaches, modern high-end homes, and premium dining scene, the area continues to attract affluent buyers looking for a lifestyle upgrade.
The suburb has undergone significant redevelopment, with new luxury residences, high-end apartments, and boutique retail spaces transforming its streetscape. Buyers from Sydney and Melbourne are investing long-term, drawn to Palm Beach as a prestige alternative to Byron Bay, but with superior infrastructure and connectivity.
Palm Beach is home to some of the Gold Coast’s best dining spots, creating a lively café and restaurant culture. The suburb also features organic grocers, boutique fitness studios, and surf clubs, making it a hub for active, health-focused residents.
The area’s pristine coastline and beachfront properties are a major draw for buyers seeking absolute beachfront living. Homes along Jefferson Lane, one of the Gold Coast’s most exclusive addresses, command premium prices due to direct access to the sand and uninterrupted ocean views.
For families, Palm Beach offers top-tier schooling options, including Palm Beach Currumbin State High School, which has a strong academic reputation. The suburb also provides easy access to Burleigh Heads, Currumbin, and Coolangatta, ensuring residents enjoy a mix of nature, shopping, and entertainment.
Homeowners in Palm Beach have seen 11.92% growth over the last 10 years, and apartment owners have seen 10.52% growth over the last 10 years. Palm Beach continues to see high demand and strong capital appreciation. The suburb’s mix of lifestyle appeal, long-term investment potential, and growing prestige status makes it an elite choice for luxury property buyers.
6. Currumbin
Currumbin Property Market Data
| Suburb | Median Price | Quarter Growth | Yearly Growth | 3 Year Growth | 5 Year Growth | 10 Year Average Annual | Average Days on Market | Gross Rental Yield % |
|---|---|---|---|---|---|---|---|---|
| Currumbin House | $1,500,000 | 1.52% | 3.09% | 11.10% | 82.70% | 9.07% | 64.8 Days | 3.64% |
| Currumbin Unit | $952,000 | 1.14% | 15.39% | 26.93% | 85.76% | 9.53% | 33.8 Days | 4.10% |
Currumbin offers a rare blend of seclusion, natural beauty, and prestige real estate. With its unspoiled beaches, lush national parklands, and low-density living, Currumbin has become a sanctuary for buyers seeking a private coastal retreat with high-end homes and limited development.
Properties in Currumbin range from modern hilltop mansions with panoramic ocean views to absolute beachfront residences along Pacific Parade. Many homes are designed to maximise indoor-outdoor living, featuring expansive balconies, infinity pools, and private gardens.
With its tight supply and strict planning controls, the suburb maintains a low-density, relaxed atmosphere, which keeps demand strong and competition high.
Currumbin’s lifestyle appeal is unmatched, with the famous Currumbin Creek, Elephant Rock, and Currumbin Wildlife Sanctuary just moments away. The suburb has a strong café culture, with venues offering premium dining with breathtaking ocean views.
The school catchment area is another key drawcard, with Palm Beach Currumbin State High School consistently ranking among the top academic schools in Queensland. Families looking for elite schooling, a safe coastal environment, and a sense of community are increasingly drawn to Currumbin.
Just like its counterparts in our top eight luxury Gold Coast suburbs Currumbin has enjoyed very strong and consistent growth over the last decade. Attracting a significant level of high-net-worth buyers seeking a mix of lifestyle and investment potential. Its natural beauty, limited housing supply, and rising demand position it as one of the strongest prestige property markets on the Gold Coast.
7. Broadbeach
Broadbeach Property Market Data
| Suburb | Median Price | Quarter Growth | Yearly Growth | 3 Year Growth | 5 Year Growth | 10 Year Average Annual | Average Days on Market | Gross Rental Yield % |
|---|---|---|---|---|---|---|---|---|
| Broadbeach House | $2,150,000 | 1.18% | 7.23% | 45.76% | 93.26% | 10.46% | 57.2 Days | 3.02% |
| Broadbeach Unit | $790,000 | 2.93% | 5.33% | 49.06% | 61.93% | 8.75% | 35.6 Days | 4.61% |
Broadbeach has established itself as one of the Gold Coast’s premier luxury precincts, offering a unique blend of sophisticated apartment living, world-class entertainment, and high-end retail. Buyers looking for a cosmopolitan beachside lifestyle are drawn to its sleek residential towers, five-star amenities, and direct access to fine dining, luxury shopping, and nightlife.
The suburb is home to some of the Gold Coast’s most exclusive high-rise residences, featuring penthouses with private rooftop terraces, full-floor apartments, and resort-style facilities such as infinity pools, wellness centres, and concierge services. These properties provide unparalleled ocean and skyline views, making them highly desirable among downsizers, international buyers, and executives.
Broadbeach is a centre of luxury entertainment, with The Star Casino, Pacific Fair Shopping Centre, and the Gold Coast Convention and Exhibition Centre all within walking distance. Residents enjoy access to award-winning restaurants, designer boutiques, and premium entertainment options, setting the suburb apart as a hub for those who appreciate convenience and prestige.
Despite its vibrant energy, Broadbeach also offers peaceful beachfront living, with wide, pristine shores and leafy parklands. The suburb’s walkability, dedicated cycling paths, and easy access to public transport make it highly convenient for residents who prefer a low-maintenance, urban-coastal lifestyle.
Broadbeach houses have some of the highest median values on our list, with the current median house price sitting at $2,150,000 and consistent growth rates of 10.46% over the last 10 years.
Conversely Broadbeach units have some of the lowest median values on our list sitting at $790,000 and a 10 year average annual growth rate of 8.75%.
Broadbeach and its combination of high-end residences, entertainment, and lifestyle amenities ensures it continues to attract long-term demand and well above average capital growth.
8. Isle of Capri
Isle of Capri Property Market Data
| Suburb | Median Price | Quarter Growth | Yearly Growth | 3 Year Growth | 5 Year Growth | 10 Year Average Annual | Average Days on Market | Gross Rental Yield % |
|---|---|---|---|---|---|---|---|---|
| Isle of Capri House | $1,322,500 | 1.15% | -2.22% | 15.00% | -- | 1.27% | 38 Days | 4.33% |
| Isle of Capri Unit | $750,000 | 1.35% | 10.54% | 47.06% | -- | 7.08% | 28 Days | -- |
We can’t have a top eight list without speaking about Isle of Capri. One of the Gold Coast’s most prestigious residential enclaves, offering a rare combination of secluded waterfront luxury and central convenience. Nestled between Surfers Paradise and the Nerang River, this exclusive suburb is renowned for its grand riverfront estates, private pontoons, and sweeping Broadwater views.
Many homes in Isle of Capri are custom-built architectural masterpieces, featuring sprawling open-plan layouts, floor-to-ceiling glass, infinity pools, and direct deepwater access for yachts and luxury boats. The suburb attracts high-net-worth buyers looking for a private retreat with world-class amenities at their doorstep.
Despite its tranquillity, Isle of Capri is just minutes from Surfers Paradise, Chevron Island, and Broadbeach, giving residents easy access to fine dining, premium retail, and entertainment. Capri on Via Roma, the suburb’s boutique shopping and dining precinct, offers upmarket restaurants, gourmet grocers, and exclusive fashion retailers, enhancing the convenience and lifestyle appeal of the area.
With strict zoning regulations limiting high-rise development, Isle of Capri maintains its low-density, luxury feel, making it an ideal location for discerning buyers who value privacy and exclusivity. Many properties in the area sell off-market, further reinforcing the suburb’s reputation as a tightly held, blue-chip location.
The suburb’s prime waterfront position, limited housing supply, and ongoing demand from local and international buyers make it a highly attractive long-term investment.
Houses
In this price range, you’ll secure a premium home in a sought-after suburb. Think modern architecture, spacious layouts, and a prime coastal locations.
Here’s an example of a recently sold house in Burleigh Heads that we love.
- Location Burleigh Heads
- Specifics 4 Bedroom, 3 Bathroom, 2 Car
- Land Size 612 m²
- Price $2,175,000
- Sale Date March 2024
- Sale Type Off Market
Unit
Expect a high-end apartment with luxury finishes, resort-style amenities, and sweeping ocean or skyline views in a prestige location.
Here’s an example of a recently sold apartment in Palm Beach that we adore.
- Location Palm Beach
- Specifics 3 Bedroom, 3 Bathroom, 2 Car
- Land Size 127 m²
- Price $2,324,000
- Sale Date July 2024
- Sale Type On Market
Houses
With this budget, you can step into a contemporary family home or architect-designed residence in a prestige location, offering high-end finishes and generous living spaces.
Here’s a stunning property which was recently purchased in Burleigh Waters.
- Location Burleigh Waters
- Specifics 4 Bedroom, 2.5 Bathroom, 4 Car
- Land Size 428 m²
- Price $2,850,000
- Sale Date October 2024
- Sale Type On Market
Unit
Luxury apartments in this bracket offer full-floor living, modest balconies, and five-star amenities in some of the Gold Coast’s most exclusive high-rise buildings.
- Location Broadbeach
- Specifics 4 Bedroom, 3 Bathroom, 2 Car
- Land Size 209 m²
- Price $2,781,000
- Sale Date Feb 2024
- Sale Type On Market
Houses
Expect a unique residence with premium finishes, private outdoor entertaining spaces, and unbeatable lifestyle appeal in one of the city’s most elite postcodes
Look at this beautiful modern home recently acquired in The Isle Or Capri.
- Location Isle Of Capri
- Specifics 4 Bedroom, 3 Bathroom, 2 Car
- Land Size 655 m²
- Price $4,000,000
- Sale Date April 2024
- Sale Type On Market
Unit
High-end apartments in this range deliver world-class architecture, breathtaking ocean views, and exclusive resident facilities that rival luxury resorts.
This divine penthouse recently purchased in Miami is the perfect example of what is possible for this budget.
- Location Miami
- Specifics 3 Bedroom, 4 Bathroom, 3 Car
- Land Size 443 m²
- Price $3,700,000
- Sale Date Oct 2023
- Sale Type On Market
Houses
This is where you’ll find true prestige trophy homes in blue-chip locations, expansive riverfront estates, or absolute beachfront residences with unrivalled privacy and luxury.
The property Dune is a marvelous example of a real one of kind property on the Gold Coast in the top end of the price budgets.
- Location Burleigh Heads
- Specifics 5 Bedroom, 5 Bathroom, 8 Car
- Price $12,000,000
- Sale Date October 2024
- Sale Type On Market
Unit
At this level, think penthouses, multi-level living, private pools, and unparalleled views, setting a new benchmark for Gold Coast luxury apartment living.
This stunning Mermaid Beach apartment is exactly what you want to imagining for yourself in this price range.
- Location Mermaid Beach
- Specifics 4 Bedroom, 4 Bathroom, 6 Car
- Land Size 561 m²
- Price $7,250,000
- Sale Date March 2024
- Sale Type On Market
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