Finest Funding Suburbs on The Gold Coast in 2020 – realestate.com.au

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It’s no secret that property on the Gold Coast is extremely wanted, however it’s vital to think about a number of issues earlier than you make any choices.

Elements resembling value, the rental yield, and the probability of your property persevering with to extend in worth over time.

So, when you’re on the point of put money into property on the Gold Coast, you’ll want to ask your self: what sort of return in your funding are you able to anticipate from buying there? And what have been one of the best suburbs to take a position on the Gold Coast in 2019?

Utilizing the newest knowledge from realestate.com.au, we’ve compiled a listing of this 12 months’s 10 greatest suburbs to put money into the Gold Coast, based mostly on the yearly median sale worth, the year-on-year change within the median sale worth, and the common rental yield for properties in these suburbs.

1. Surfers Paradise, Common Rental Yield of three.28%

Getting the highest spot for the Gold Coast’s greatest suburb to put money into is the notorious Surfers Paradise. A mere 3.5 kilometres from the Gold Coast’s CBD, the median sale worth for the previous 12 months is a cool $1,965,000, and the year-on-year change within the median sale worth is a notable 24%.

On high of that, the common rental yield is 3.28%. Whereas not the very best rental yield within the metropolis, Surfers Paradise tops the record by way of change in median sale worth.

Surfers Paradise

Surfer’s Paradise stays on the high of the record of funding suburbs in 2020. Image: realestate.com.au


2. Miami, Common Rental Yield of 4.10%

Up subsequent is the suburb of Miami, slightly below 10km south from the Gold Coast’s CBD.

Homes on this suburb had a year-on-year change in sale worth of 19%. The median sale worth begins at $856,250, and the rental yield measures in at a formidable 4.10%.

Miami beach QLD

Miami sits proper on Queensland’s well-known shoreline. Image: realestate.com.au


3: Jacobs Properly, Common Rental Yield of 4.59%

With a decrease median sale worth of $639,500 and a rental yield of 4.59%, the suburb of Jacobs Well is likely one of the Gold Coast’s greatest suburbs to put money into.

Situated round a 35min drive north from the Gold Coast’s CBD, Jacobs Properly had a year-on-year change in sale worth of 17%.

Jacobs Well home

Jacobs Properly had a rental yield of 4.59% in 2020. Image: realestate.com.au


4. Worongary, Common Rental Yield of 5.20%

The south-west inland suburb of Worongary is the fourth-best suburb to put money into the Gold Coast.

With a median sale worth of $701,500, Worongary had a year-on-year change within the median sale worth of 16%, and a comparatively excessive rental yield for Gold Coast suburbs of 5.20%.

Worongary

Worongary is available in at fourth place on our record of high funding suburbs. Image: realestate.com.au


5. Tamborine, Common Rental Yield of 4.61%

Tamborine comes subsequent, with a median sale worth sitting at $730,088.

Tamborine is positioned round 40km north-west of the Gold Coast’s CBD, and has a powerful year-on-year change of 13%. The rental yield is a constructive 4.61%.

Tamborine

Tamborine is positioned within the larger Gold Coast space. Image: realestate.com.au


6. Clear Island Waters, Common Rental Yield of 4.04%

With a notable common rental yield of 4.04%, Clear Island Waters sits comfortably in our high ten suburbs to put money into the Gold Coast.

Clear Island Waters is positioned shut Gold Coast’s CBD and has a median sale worth of $1,244,000, and a change in median sale worth of 13%.

Clear Island Waters

Clear Island Waters is a favorite for traders within the Gold Coast market. Image: realestate.com.au


7. Arundel, Common Rental Yield of 5.13%

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Subsequent is Arundel, round 12km north of the town’s CBD.

Arundel’s median sale worth measures in at $650,000, and has a yearly change within the sale worth of 13%. Arundel has a excessive rental yield of 5.13%.

Arundel home

Arundel is round a 20min drive from the Gold Coast. Image: realestate.com.au


8. Ashmore, Common Rental Yield of 5.11%

In eighth place, is Ashmore. Simply north of the Gold Coast’s CBD, the median sale worth is  $650,000, and a powerful year-on-year change within the sale worth of 13%. The rental yield right here is 5.11%.

Ashmore pool

Simply north of the Gold Coast CBD is Ashmore. Image: realestate.com.au


9. Broadbeach Waters, Common Rental Yield of three.74%

Coming in ninth – with a comparatively excessive rental yield of three.74% – is Broadbeach Waters.

The median sale worth right here is $1,225,000, whereas the year-on-year change within the median sale worth is 11%.

Deck with pool

Broadbeach Waters had a median sale worth of $1,225,000. Image: realestate.com.au


10. Mermaid Seashore, Common Rental Yield of two.69%

Lastly, Mermaid Beach caps off our high ten greatest suburbs to put money into the Gold Coast.

The yearly median sale worth is $1,560,000, with a year-on-year change of 10%. The rental yield is available in at a promising 2.69%.

View of water

Mermaid Seashore rounds out the record of high ten suburbs. Image: realestate.com.au


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