Construction Update: Consistency on Site This week at Park Lane, it is business as usual. Works are continuing to progress steadily on-site, and while there are no major new milestones to announce on-site this week, our team is working hard to ensure everything remains on track.
We will continue to keep you updated as we move through the upcoming phases of development.
Industry Insights: “Colliers Developers in Conversation“
Staying ahead of market trends is crucial for us and our buyers. This past Wednesday, 25th of February, our team attended the Colliers Gold Coast Residential Developers in Conversation event. The panel included federal MPs, renowned economists and the large builder developer community. It’s the biggest event of its kind.
We were thrilled to see the event supported by Coposit, an innovative platform we are proudly partnering with as a deposit option for One Park Lane.
The event provided a comprehensive breakdown of the current economic and property landscape on the Gold Coast. We’ve reviewed the Q3 2025 market report and pulled out the most significant takeaways that highlight the strength and changing dynamics of our local market:
Sales Volumes & Shifting Prices
- Record-Breaking Sales: The market has shown remarkable resilience and demand, with Q3 2025 recording 586 off-the-plan unit sales. This marks the strongest quarterly result we’ve seen in three years, completely surpassing the previous high of 470 sales in Q3 2023.
- Pricing Adjustments: The weighted average price of new apartments is now $1,605,147 in Q3 2025.
- Emerging Precincts: Unsurprisingly, the Gold Coast Central Precinct continues to dominate the market. However, over the past 12 months, the typically quieter Gold Coast Fringe has surged to become the second most active precinct. The report specifically discusses Southport as a very strong performing suburb.
Who is Buying on the Gold Coast?
- A Shift in Buyer Profiles: Q3 2025 revealed a significant shift in who is securing property. Interstate buyers have absolutely surged, making up 50% of new apartment purchases – a massive jump from 20% previously.
- Investor & Foreign Buyer Activity: Meanwhile, local state investors dropped from 42% to 28%, and Foreign Investment Review Board (FIRB) activity dropped to just 2% (down 15% from last quarter). Through all this, owner-occupier demand has remained steady.
Capital Growth & Infrastructure Booms
- Incredible Capital Growth: Over the past five years, Gold Coast house prices have risen by an astonishing 84%. To put this in perspective, this outpaces Brisbane at 81% and is sharply higher than Greater Brisbane, which saw a 70% rise. This growth is backed by a 24% increase in the Gold Coast median house price, moving from $1 million in 2023 to $1.24 million by September this year.
- Cranes in the Sky: Construction activity has seen a noticeable renewal. The latest RLB Crane Index shows residential cranes on the Gold Coast have increased from 56 in September 2024 to 64 this year. Residential projects account for a massive 95.5% of this crane usage, specifically clustered in Southport, Mermaid Beach, Surfers Paradise, and Broadbeach.
- Target Price Brackets: Research indicates that the most active price bracket in the local housing market is currently $1.2 million to $1.5 million, followed closely by the $1.5 million to $2 million range.
The Rental Squeeze
- Low Vacancy Rates: The rental market remains exceptionally tight. The overall residential vacancy rate on the Gold Coast sits at just 1.6%, well below pre-pandemic levels.
- Toughest Markets: Gold Coast West is highlighted as one of the tightest markets at a mere 0.9%, followed by the Hinterland at 1%. Even in areas with slightly rising vacancies – like Gold Coast North (2%) and Central GC (1.8%) – rental housing supply remains well below the 3% level that typically indicates a balanced market.
- The net interstate migration continues at a significant pace. In short, there just are not enough homes here on the Gold Coast, and we need to build more.
Download a copy of the Report Below
Important Notice for Our Buyers
As we continue moving forward, we want to ensure the purchasing process is as smooth as possible for you.
The goal date for contracts to be issued remains late March to early April. This week our team has been in New York. The weather has been biblical, but the meetings with bankers have been very productive.
Over the next 2 weeks our buyers will be receiving an email asking about their deposit preferences. Whether you are interested in exploring options with Coposit, Deposit Bonds or sticking to traditional methods, please keep an eye on your inbox for this important update so we can tailor the next steps to suit your needs!
