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Golden Coast
Gold Coast Overview
The Gold Coast, located in the east of Australia, is a world-famous tourist destination and is known as a surfer’s paradise. There are nearly fifty kilometers of golden beaches, lush tropical rainforests, Australia-style national parks, modern high-rise buildings, beautiful star hotels and colorful entertainment venues, attracting people from all over the world. In recent years, tourists have further become the dream homes of Australian and overseas people.
As an emerging city, the Gold Coast has attracted more and more large companies to move in, bringing in a lot of job opportunities, and there are a lot of Australians moving in. The current population of the Gold Coast has increased to 600,000, with an annual growth rate of 3.4%, much higher than Australia’s 1.2%. In recent years, the population of the Gold Coast is increasing at an annual rate of 16,000. The rapid population growth has driven the local real estate market, and has recorded a considerable increase in recent years.
Although the Gold Coast is not a large city, it has complete facilities and convenient transportation, and has domestic and international airports. There are four universities, high-quality public and private schools, medical centers, hospitals, world-class shopping centers, food centers, casinos, and five-star hotels. In addition to natural attractions, there are numerous artificial facilities.
Compared with Sydney and Melbourne, the Gold Coast in Queensland is closer to Asia. In the past two years, it has become a hot investment spot for the wealthy Chinese. With the slowdown in the growth of the Sydney and Melbourne property markets, property market experts expect the next property price growth hot spot will be Queensland. In Brisbane and the Gold Coast, opportunities are fleeting and investors should seize the opportunity.