Gold Coast has an increase to steady volume of retail properties being sold: HTW

Gold Coast has an increase to steady volume of retail properties being sold: HTW
Staff reporterNovember 7, 2016

The Gold Coast’s retail rental vacancy situation is at a balanced market, according to Herron Todd White’s latest market report.

The property advisory firm says that the rental vacancy trend is tightening at the Gold Coast with a stable to increasing rental rate trend.

There is a increase to steady volume of properties being sold with Gold Coast approaching the peak of its market.

Click to enlarge

The local economic situation is steadily growing with small value differences between quality properties with national tenants and comparable properties with local tenants.

The only other region approaching the peak of its market is Brisbane, according to HTW.

Editor's Picks

PERIFA takes over Balmain Leagues Club site for Rozelle Village development
Mirvac to transform old motel into apartments in Brunswick as Prince & Parade construction kicks off
"One of Australia's premier beach destinations": Inside Chapter Two's Holm Rainbow Bay apartments
Where to buy in Palm Beach in 2025
Construction commences at Devine's luxury Burleigh tower, Burly Residences