With a median price for a two-bedroom unit of $386,750 and offering warmer weather and a more relaxed Sydney styled lifestyle; it’s no wonder that the Gold Coast received 90,222 searches according to REA statistics.
And with better property management and improving infrastructure on the back of a successful Commonwealth Games, the Gold Coast is finally moving on from it’s boom bust past of the late 1980s and 1990s.
Interestingly for property investors there are also a lot of people from Sydney searching who are looking to rent in the Gold Coast, which is welcome news for potential property investors.
Coolangatta, on the border of NSW and Queensland came in second with 69,801 searches, where a two-bedroom unit median price is $503,000.
With Sydney’s median price point of $985,000, it’s easy to see why Sydneysiders are searching further afield, plus you also save on Queensland’s lower stamp duty. For a $500,000 property in NSW you will pay $17,990 in stamp duty but only $8,750 in Queensland.
Broadbeach on the Gold Coast came in third with 66,990 searches followed by Burleigh Heads with 62,648 hits.
Moving south to the border of Victoria and NSW sees Wodonga at number five with 61,0123 hits from Sydneysiders looking for that interstate change,
A whopping 8.788 million hits for Queensland property were recorded that originated in NSW.
Interestingly, in direct contrast Victorian property searches prefer Tasmania as their number one interstate search followed by the Gold Coast.
Top searched areas from NSW buyers looking interstate
- Surfers Paradise – QLD90,222
- Coolangatta – QLD 69,801
- Broadbeach – QLD 66,990
- Burleigh Heads – QLD 62,648
- Wodonga – VIC 61,012
- Southport – QLD 55,285
- Palm Beach – QLD 53,433
- Launceston – TAS 43,420
- Hope Island – QLD 39,384
- Wangaratta – VIC 38,898