The Gold Coast, located in Queensland, Australia, is renowned for its pristine beaches, vibrant lifestyle, and booming real estate market.
As the demand for property investment continues to rise and with vacancy rates still extremely low around 1%, savvy investors are seeking opportunities in lesser-known suburbs that offer both growth potential, strong rental yields, and a high quality of life.
“I truly believe that the Gold Coast is one of Australia’s top locations to invest in property”.
With the ocean to the east, hinterland to the west and several waterways (Canals) in between, the Gold Coast has a very short supply of land making it a hotspot for investors looking to capitalise on future growth.
In this blog post, we’ll explore the best suburbs on the Gold Coast for real estate investment, focusing on Ashmore, Carrara, Highland Park, Nerang, and Molendinar.
1. ASHMORE
Nestled in the heart of the Gold Coast, Ashmore stands out as a suburb with a perfect blend of residential charm and proximity to key amenities.
Known for its family-friendly atmosphere, Ashmore is home to numerous parks, schools, and shopping centres. The suburb’s strategic location, situated between the beach and the hinterland, makes it an attractive option for those seeking a peaceful yet well-connected lifestyle.
With a mix of housing options from traditional family homes to modern apartments, Ashmore presents diverse opportunities for investors looking to capitalize on its growth potential.
Carrara is a suburb that has been steadily gaining attention from investors due to its central location and ongoing development projects.
Famous for hosting the Carrara Markets, one of the largest permanent markets in Queensland, this suburb offers a unique blend of entertainment, shopping, and recreational options.
Carrara is also home to the Metricon Stadium, contributing to the area’s vibrancy. The ongoing infrastructure improvements and the diverse range of housing options make Carrara an attractive choice for investors seeking long-term growth in the Gold Coast property market.
Highland Park, situated in the hinterland of the Gold Coast, provides a tranquil escape from the bustling city life while still offering convenient access to amenities.
The suburb is characterized by its picturesque surroundings, including lush greenery and stunning views of the coastline. Highland Park boasts a strong sense of community and is well-equipped with schools, parks, and local shops.
As the Gold Coast continues to expand, Highland Park’s affordability and potential for capital growth make it an increasingly appealing option for real estate investors.
Strategically located at the crossroads of the Pacific Motorway and the Nerang River, the suburb of Nerang is a thriving residential area with a rich history.
Nerang offers a diverse range of housing options, from traditional family homes to modern apartments, attracting a broad demographic of residents. The suburb’s proximity to major transport links, shopping centres, and schools enhances its appeal for both homeowners and investors.
As the Gold Coast’s infrastructure continues to evolve, Nerang stands out as a suburb with significant potential for future growth as it gentrifies over the coming years.
Molendinar, often overlooked in favour of its more well-known neighbours, is emerging as a hidden gem for real estate investors.
Located inland, Molendinar provides a quieter alternative while maintaining accessibility to key amenities. The suburb is home to the Gold Coast University Hospital, a major economic driver and contributor to the area’s growth.
Molendinar’s diverse housing options, coupled with its strategic location, position it as an attractive investment opportunity for those looking to tap into the Gold Coast’s evolving real estate market.
The Gold Coast’s real estate market continues to evolve, and these five suburbs—Ashmore, Carrara, Highland Park, Nerang, and Molendinar—offer unique opportunities for investors seeking both capital growth and strong rental yields.
These suburbs border with two of the Gold Coast’s top performing suburbs being Bundall and Clear Island Waters with median price ranges at $1.8m. So if you’re thinking “where should I buy on the Gold Coast” these suburbs should be at the top of your list.
Why Travis at Blue Key Buyers Agents personally loves these top 5 suburbs for an investment grade purchase,
- They have owner occupier appeal.
- Low vacancy rates.
- They border with Gold Coasts affluent suburbs.
- Ability to purchase an investment grade home under median price range.
- Significant number of well-established homes that are unrenovated, which means there is potential to generate equity through renovations.
- Large parcels of land. (remember the value is in the land component, land appreciates, and the dwelling depreciates over time).
I hope this helps you with your next investment purchase.
Travis Meade – Managing Director
