Leading property analyst Michael Matusik has shared his insights about the future of the Gold Coast City property market and it’s looking decidedly positive.
According to Matusik, now is a good time to buy an investment property in Gold Coast City, with the market in full swing of recovery and home values steadily lifting.
With the Gold Coast City population continuing to grow and the significant amount of younger Gold Coasters, Matusik has predicted a demand from young renters and first home-buyers for affordable properties. The downsizing market is also ever-growing, with home owners looking to purchase smaller, affordable homes in their local communities.
Matusik has tipped that these properties will be away from beach-side locations and typically be townhouses and apartments.
According to Matusik, investors should seek property within close proximity to major Gold Coast City business and employment precincts, which includes his recommendation of the thriving business hub of CBDRobina.
With prices predicted to increase in the next 12 to 24 months and rents on the rise, Matusik says now is the time to invest in Gold Coast City property.
Click here to read the full Matusik article on propertyobserver.com.au