Rental Properties Gold Coast
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TOP SUBURBS WITH HIGH RENTAL DENSITY
- Broadbeach (56.3%)
- Coomera (55.8%)
- Mermaid Beach (55.6%)
- Pimpama (54.8%)
- Bilinga (54.4%)
- Surfers Paradise (54.1%)
- Southport (53.8%)
- Coolangatta (51.2%)
- Labrador (49.8%)
- Biggera Waters (49.3%)
Percentages denote the percent of occupied private dwellings in the suburb that are rented.
GOLD COAST RENTAL DATA – MEDIAN PRICES
How much is it to rent on the Gold Coast?
Unfamiliar with the local market? No problem! REIQ aims to provide you with the most up to date market statistics so that you can make an educated decision on your choices of Gold Coast rental properties.
3 BEDROOM HOUSES
Since 2008, median rent for houses in Gold Coast have been steadily increasing. The following statistics in the graph are based on 3 bedroom houses in Gold Coast City for annual June quarters.
For the June Quarter of 2013, median rental price for a 3 bedroom house in Gold Coast is $420 per week. This is a 3.7% increase in rent from the previous year and $10 more than that of the Brisbane City region for 2013.
2 BEDROOM FLATS/UNITS
Unlike housing, historical median rental price for units have shown less of a price hike over the past 6 years. The following statistics are based on 2 bedroom flats/units in the Gold Coast City Local Government Area (LGA) for June quarters from 2008 to 2013.
For the past three June quarters, median rental price for Gold Coast city 2 bedroom units have remained stable at $350 per week. This is only a modest 6% increase from 2008, in comparison to a 9% increase in housing rent.
RATIO OF RENTERS TO HOME OWNER-DWELLERS
Of occupied private dwellings in Gold Coast City (LGA), 26.3% were owned outright, 34.6% were owned with a mortgage and 35.8% were rented. This is a higher rental ratio than QLD (33.2%) and Australia (29.6%).
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