A wave of interstate investors snapping up luxury beachfront units off-the-plan has lifted the average price of a new Gold Coast apartment by $600,000 in just six months, new figures from research house Urbis show.
Over the March quarter, the weighted average price of a Gold Coast apartment reached a new high of $1.73 million – up from $1.13 million in the September quarter – as 240 sales were recorded.
