Coolangatta Market Update 1st Half 2025
In Q4 2024, Coolangatta* recorded a median house price of $1,420,000 and a median unit price of $810,000.This represents an annual (Q4 2023 – Q4 2024)price growth of 9.2%for houses and 6.6% for units. Now is an ideal time for owners to capitalize on their investments. Comparing Q4 2023and Q4 2024,total sales declined by -0.4% for houses (to 471sales in Q4 2024) and -2.9% forunits (to 1,740sales in Q4 2024). This indicates an undersupplied market, creating a buffer against higher interest rates. With very little new stand-alone houses planned, buyers should act fast, before further price growth across all property types.
HOUSE SALES YEAR HALF YEAR CHANGE FROM LAST
HOUSE MEDIAN PRICE
HOUSE RENTAL PRICE
SALES
Gold Coast Local Council area will see approximately$11.0Bofnewprojects commencingconstructionin2025
PRICE
RENTAL PRICE
MEDIAN PRICE Q4 2024
AVERAGE DAYS ON MARKET Q4 2024
54 $1.4M $810K
MEDIAN PRICE Q4 2024
50
AVERAGE DAYS ON MARKET Q4 2024
There is a heavy focus on commercial and residential projects in the Gold Coast Local Council area, which brings economic growth and housing stock. Housing type projects specific to the Coolangatta area (and nearby) are:
• Holm Apartments Rainbow Beach (86 apartments)
• 271Boundary & Petrie Streets –Radia (38 apartments)
• Palais mixed-use development Coolangatta (132 apartments)
In total, approx.6 townhouses and 538 units are planned in Coolangatta suburb. Only 49houses are planned in all nearby areas, of postcode 4225. Although this will assist with some demand, it does not fulfill the need of new ready-to-sell houses. This remains undersupplied, which will push up all property prices in the area.
AVERAGE VENDOR DISCOUNT*
Average vendor discount reflects the average percentage difference between the first list price and final sold price. A lower percentage difference (closer to 0.0%) suggests that buyers are willing to purchase close to the first asking price of a property.
Average vendor discounts between Q4 2023and Q4 2024 have widened to -2.5% for houses and -1.4% for units. The Coolangatta* market still favourbuyers, as the final sales price is below the initial listing prices. Q4 2024average vendor discount is like 3 months prior (Q3 2024), which indicates that now is an opportune time for buyers.
The suburb ofCoolangatta has outperformed the wider Tweed Shire Local Government Area (LGA) in house prices for the past 5 years. This continued in 2024,with median house price in Coolangatta increasing even further, thus presenting a premium market. There is slower growth in the unit market, which is in an opportunity forbuyers.
The dominant proportion of homes sold in Coolangatta* in 2024were in the premium price bracket, with 41.9% of houses sold at $1.55Mand above and 36.2%of units sold at $950Kand above. However, affordability remains, as 38.7% of houses sold were in the most affordable price point of less than $1,249,999and 27.2% of units sold at less than $649,999,presenting opportunities for first-home buyers. There are options available in the middle price bracket for both property types, especially for units.
MARKET COMPARISON
Coolangatta (4225) House
Coolangatta (4225) Unit
Tweed Shire LGA House
Tweed Shire LGA Unit
The market comparison graph provides a comparative trend for median price of houses and units over the past 5 years. The main LGA chosen was based on their proximity to the main suburb analysed, which is Coolangatta.
PRICE BREAKDOWN 2024
than $649,999
$650,000 to $749,999
$750,000 to $849,999
$850,000 to $949,999 $950,000 and above
RENTAL GROWTH 2025€
House rental yields in Coolangatta¥ was 2.4%as of December 2024.This is paired with a -14.9% decline in median house rental price in the past 12 months to Q4 2024, at $885per week. During this same time, the number ofhouses rented decreased, by -14.3% (to only houses in Q4 2024). Although median house rent have softened, this indicates an undersupplied house rental market in Coolangatta¥, thus, there is still room forinvestors toenter the market.
4+ bedroom houses have provided investors with a significant +13.6% rental growth annually, achieving a median rent of $1,250per week.
Coolangatta¥ recorded a vacancyrate of 0.7% in December 2024, lower than the Tweed Shire average of 1.0% and Gold Coast Main’s average of 1.1%. Vacancy rates have fluctuated in the past 12months, but overall declined, indicating an even tighter the market. Furthermore, a 0.7% vacancy rate is still well below the Real Estate Institution of Australia’s healthy benchmark of 3.0%, thus a quicker occupancy of rental properties in Coolangatta¥ market. This creates a conducive environment for investors, even with a softer median house rental price in Q4 2024.
RENTAL VACANCY RATES 2025
Coolangatta (4225) Tweed Shire LGA Gold Coast Main REIA 'Healthy' Benchmark
¥
Coolangatta
PROJECT DEVELOPMENT MAP 2025 ₳
COOLANGATTA
2
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REFERENCES
* Coolangatta sales market data and key indicators encapsulates aggregate property market conditions within the Gold Coast Local Government Area.
** Estimated values are based on construction value provided by the relevant data authority and does not reflect commercial and/or re-sale value.
# 2024 encapsulates sales transactions for the 2024 full year (01/01/2024 – 31/12/2024).
€ Annual rental growth is a comparison between Q4 2023 (01/10/2023 – 31/12/2023)and Q4 2024 (01/10/2024 – 31/12/2024) house median rent figures.
¥ Coolangatta rental market data encapsulates aggregate property conditions within the postcode of 4225.
§ Rental yields shown are as reported as of December 2024.
₳ Project development map showcases a sample of upcoming projects only, due to accuracy of addresses provided by the data provider for geocoding purposes.
£ Projects refers to the top developments within the Gold Coast Local Government Area.
µ Estimated value is the value of construction costs provided by relevant data authority, it does not reflect the project’s sale/commercial value.
ψ Commencement date quoted for each project is an approximate only, as provided by the relevant data authority, PRD does not hold any liability to the exact date.
Source: APM Pricefinder, Cordell Connect database, SQM Research, Esri ArcGIS.
Disclaimer: PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material.
Prepared by PRD Research. © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed. © Copyright PRD 2025.
