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Over the next 25 years, the Gold Coast is tipped to gain a whopping 400,000 new residents. That’s straight from the Queensland Government Statisticians Office, and it works out to around 16,000 people per year calling the coast home.
Now consider this: according to the ABS, the average household on the Gold Coast has 2.5 people. That means we’ll need about 6,400 new homes built every year just to keep up.
How many did the Gold Coast Council approve for 2024–25?
Only 2,057 dwellings. Yep, you read that right.
That’s a massive gap.
And gaps like this? They’re golden for smart property investors.
Property prices are climbing, and rental yields are following suit. Investors with their ear to the ground (or their mortgage broker on speed dial 👋) are already reaping the rewards.
At Bribie Island Lending, we’re seeing clients from Brisbane to the Sunshine Coast jump on this opportunity — whether they’re buying via their SMSF, a trust, personally, or as part of an investment syndicate.
Whether you’re eyeing off a residential home, a commercial property, or even a development project, we’ve got the knowledge and the lender access to help you make a smart move.
We’re your local Mortgage Broker for Brisbane, the Sunshine Coast, and of course – Bribie Island.
We are based on the beautiful Queensland coast, between the Sunshine Coast & Brisbane and we offer a complimentary home loan broking service.
Make an appointment today for an obligation-free chat, to talk about what you need and how we can help.
*This article is general information only and does not constitute financial advice. Your personal circumstances will need to be assessed before any product or proposal is recommended. Mark Hind is an Authorised Credit Representative (ACR 519951) of Outsource Finance Pty Ltd, Australian Credit Licence 384324.
You've seen the ads a big, bold interest rate that looks incredibly competitive. But there's another number sitting quietly beside it that tells a very different story.
The RBA has lifted the cash rate to 4.35%, and most lenders are expected to pass it on. If you've got a mortgage in the Moreton Bay region, your repayments are likely going up.
When the Reserve Bank of Australia raises the cash rate, it can directly affect home loan interest rates and mortgage repayments.
Whether you're just starting to explore your options or ready to move Mark and the team are here to help. Get in touch for a no-obligation chat and find out what's possible for your situation.
