According to the Gold Coast Bulletin, property agents and experts believe buyers should purchase property now with Gold Coast City property prices expected to continue to rise in value.
Sales have surged as confidence has returned to the market coupled with low interest rates and anticipation of the 2018 Commonwealth Games.
LJ Hooker Nerang director Shane Colquhoun believes it’s a good time to purchase a property in Gold Coast City.
“Every year you leave it from now will be closer to being too late and in 12 months you will look back wishing you had bought today,” he said.
Housing Industry Association chief economist Harley Dale also believes prices will continue to rise.
“It is fair to say that the recovery of the market has been under way for a while but has been patchy,” he said.
“However, 2016 I believe is going to be a year where there will be a greater breadth of it and it will be when prices continue to grow.
“Hypothetically, if you were considering into something now or in a year, then it is reasonable to suggest that you would be better off now.”
For those interested in making a move on the property market now, Robina has new apartments and terrace homes currently available. Buying brand new product off the plan allows you to lock in today’s prices before the projected price increases take effect.
