Rent increase on the Gold Coast
The November 2017 release of the Regional Radar revealed that the median asking rent for both houses and units increased strongly on the Gold Coast.
Compared to the same quarter last year, median asking rent for a house increased by 3.9% to $530, and for a unit it increased by 3.8% to $410.
Whereas for Logan, median asking rent remained steady, at $370 for a house and $300 for a unit.
Branch President Sean Sandford said strong rents were an indicator people wanted to live in the region.
“The growth in median land price in both regions also supports this sentiment,” Sean added.
View the November 2017 Gold Coast Regional Radar.
View the November 2017 Logan Regional Radar.
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