Coolangatta Market Update 2 nd H a l f 2 0 2 6
OVERVIEW In Q2 2026, Coolangatta* (which in this report include sales and rentals for Gold Coast City Council), had a median house price of $1,420,000 and a median unit price of $975,000. This represents an annual (Q2 2025 – Q2 2026) median price growth of 10.5% for houses and 13.4% for units. At the same time, sales decreased by -26.5% for houses (to 1,477 sales in Q2 2026) and -31.5% for units (to 2,049 sales in Q2 2026). This confirms a clear undersupply, which has created a buffer against cash rate hikes in 2026 and supported price growth. Thus, now remain an ideal time for owners to capitalize on their investments. Further, with a small number of new houses planned, buyers need to act fast before prices rise further.
CHANGE FROM LAST
YEAR
FUTURE D E V E L O P M E N T S **
Gold Coast Local Council area will see approximately $7.7B of new projects commencing construction in 2026.
Residential $2.0B
HALF YEAR
Infrastructure $2.2B
HOUSE SALE S
Mixed Use $3.3B
HOUSE ME DIAN PRICE HOUSE RE NTAL PRICE
There is a strong focus on mixed-use projects in the Gold Coast Council area. This fosters economic growth, local job creation, and can drive the demand for more housing stock.
UNIT SALE S UNIT ME DIAN PRICE UNIT RE NTAL PRICE
Although there are multiple residential projects throughout Gold Coast, key residential projects in the Coolangatta area (suburb and postcode 4225) are:
$ MARKET CONDITIONS MEDIAN PRICE Q2 2026
$1.42M
$975K
MEDIAN PRICE Q2 2026
$1,000
SALES
AVERAGE DAYS ON MARKET Q2 2026
49
50
HOUSE
U N I T
RENTALS
$898
•
Radia Rainbow Bay Apartments Coolangatta(38 Apartments)
•
27 & 27A Dixon Street Units (16 Units)
While residential projects may answer some demand, only 6 ready-to-sell stand-alone houses are in the 2026 pipeline. Compared with 1,477 house sales in Q2 2026, it will not be enough. Therefore, the ongoing undersupply is expected to worsen, putting pressure on prices across all property types.
AVERAGE DAYS ON MARKET Q2 2026
13
21
HOUSE
U N I T
3,578 Units/ Apartments
414 Townhouses
6 Dwellings
740 Lots
%
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.
-1.9%
-1.0%
-1.0%
0.5%
0.0%
0.5%
0.4%
-0.2%
-1.0%
-0.5%
-1.0%
0.0%
-0.6%
0.0%
0.5%
-1.2%
Change from Listing to Sale Price
1.0%
-1.5%
-2.0% -2.5% Q1 2025
Q2 2025
Q3 2025
Q4 2025
House
Q1 2026
Q2 2026
Unit
Average vendor discounts between Q2 2025 and Q2 2026 have widened to -1.9% for houses while remaining stable at -1.0% for units. The Coolangatta* market still favour buyers, as vendors willing to accept below the first listed prices. Q2 2026 discounts were the highest recorded in the past 24 months. With new housing supply very limited, now is an opportune time for buyers to act. The suburb of Coolangatta has outperformed the Gold Coast Local Government Area (LGA) in both house and unit prices over the past 5 years. This continued in 2026#, with median unit price in Coolangatta suburb increasing further, now becoming a premium market. In contrast median house price has stabilised, benefitting buyers. The dominant proportion of homes sold in Coolangatta* in 2026# were in the premium price bracket, with 34.1% of houses sold above $1.9M and 33.6% of units sold above $1.2M. That said, the most affordable price brackets remained available, with 9.6% of houses sold less than $999,999 and 10.9% of units sold at less than $599,999. This is good news for first-home buyers. Overall, there are homes available for buyers across various budget levels.
MARKET COMPARISON
Coolangatta (4225) House Coolangatta (4225) Unit
$2,500,000
Gold Coast City (LGA) House Gold Coast City (LGA) Unit
$2,000,000 $1,500,000 $1,000,000 $500,000 $0 2022
2023
2024
2025
2026#
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 2026# UNITS SOLD
HOUSES SOLD 25.7%
6.8%
11.6%
Less than $999,999 $1,000,000 to $1,299,999
27.0% 14.0%
16.6%
Less than $599,999 $600,000 to $799,999
$1,300,000 to $1,599,999
$800,000 to $999,999
$1,600,000 to $1,899,999
$1,000,000 to $1,199,999
$1,900,000 and above
21.6%
32.9%
14.6%
29.1%
$1,200,000 and above
RENTAL GROWTH 2026 € House rental yields in Coolangatta¥ (postcode 4225) were 2.9% as of June 2026, below Gold Goast Main (3.9%) and Tweed Shire LGA (4.0%). Median house rental price has declined in the past 12 months to Q2 2026, to $1,000 per week. That said, there were only 5 houses rented in Q2 2026, which explains the price fluctuation. A slightly softer rental market will benefit renters, whilst a low number of houses rented presents an opportunity for investors.
2 BEDROOMS
+5.5%
3 BEDROOMS
4+ Bedroom houses have provided investors with a significant +21.9% rental growth annually, achieving a median rent of $1,298 per week.
-13.8%
Coolangatta¥ (postcode 4225) recorded a vacancy rate of 1.4% in June 2026, lower than Gold Coast Main (1.6%). Vacancy rates have fluctuated but overall remained stable in the past 12 months to June 2026, signaling a resilient rental market. Further, a 1.4% vacancy rate is well below the Real Estate Institute of Australia’s healthy benchmark of 3.0%, suggesting quicker occupancy of rental homes in Coolangatta¥. There is a conducive environment for investors, especially as the median house sale price (for postcode 4225) has stabilized in Q2 2026.
4 BEDROOMS
+21.9%
RENTAL VACANCY RATES 2026
3.5% 3.0% 2.5% 2.0% 1.5% 1.0% 0.5% 0.0%
Jun-26
Mar-26
Dec-25
Gold Coast Main
Sep-25
Jun-25
Tweed Shire LGA
Mar-25
Dec-24
Sep-24
Jun-24
Mar-24
Dec-23
Sep-23
Jun-23
Coolangatta (4225)
REIA 'Healthy' Benchmark
%
RENTAL YIELD 2026 §
2.9%
3.9%
4.9%
Coolangatta¥ (Postcode 4225)
Gold Coast Main
Tweed Shire LGA
3.7%
4.5%
4.5%
(Postcode 4225)
Gold Coast Main
Tweed Shire LGA
Coolangatta¥
PROJECT DEVELOPMENT MAP 2026₳ LEGEND Commercial Infrastructure Industrial Mixed-Use Residential
COOLANGATTA
#
Project£
Type
Estimated Valueµ
1 (Not Advanced Resource Recovery Centre Precinct Residual Waste To Infrastructure $1,600,000,000 Mapped) Energy Facility Development (State Government) 2 3 4
3006-3016 Surfers Paradise Boulevard Mixed Use Development (Residential – 394 Apartments + Commercial) Lot 103 Lake Orr Drive Mixed Use Development (Residential Apartments + Commercial) 14-20 Mary Avenue Apartments (112 Apartments)
5 (Not Visy Glass Manufacturing & Recycling Plant Stapylton (Various Mapped) Tenants)
Commence Dateψ 14/12/2026
Mixed-Use
$900,000,000
2/02/2026
Mixed-Use
$600,000,000
1/10/2026
Residential
$580,000,000
9/12/2026
Mixed-Use
$500,000,000
1/07/2026
6
Paradiso Place Surfers Paradise Mixed Use Development Stage 1 (Residential – 282 Apartments + Commercial)
Mixed-Use
$280,000,000
9/03/2026
7
Radia Rainbow Bay Apartments Coolangatta (38 Apartments)
Residential
$250,000,000
9/03/2026
8 9 10 11
12 13 14 15 16
Gold Coast Light Rail - Gold Coast University Hospital To Biggera Infrastructure $200,000,000 Waters Harbour Town (State Government) 2949-2957 Surfers Paradise Boulevarde & 26 Vista Street Residential $200,000,000 Apartments (280 Apartments) Marina Mirage Main Beach Mixed Use Development - Marina Mixed-Use $170,000,000 Mirage Gold Coast (Residential – 92 Apartments + Commercial) Oxford On Scarborough (Residential – 218 Units + Commercial)
Mixed-Use
Sunlight Lifestyle Precinct Bundall Mixed Use Buildings Stages 1-3 Mixed-Use (Residential - 557 Units + Commercial) Palais Mixed Use Development Coolangatta (Residential – 132 Mixed-Use Apartments + Commercial) Metropolitan & South Coast Regions Road Asset Management Infrastructure Contract 2027 (State Government) 5 & 13 Robina Town Centre Drive Apartments & Townhouses (163 Residential Apartments + 14 Townhouses) 203-207 Surf Parade Apartments Surfers Paradise (90 Residential Apartments)
16/11/2026 1/12/2026 1/12/2026
$100,000,000
1/12/2026
$100,000,000
1/08/2026
$80,000,000
1/12/2026
$75,000,000
17/08/2026
$70,000,000
2/10/2026
$70,000,000
1/12/2026
17
Golden Age Retirement Village Redevelopment Stages 2-6
Commercial
$60,000,000
1/11/2026
18
Gold Coast Life Science Centre (Various Tenants)
Mixed-Use
$55,000,000
8/09/2026
19
Bronze On Chevron Surfers Paradise Units (71 Units)
Residential
$55,000,000
3/08/2026
20
Former Ridgeway Tafe Campus Seniors Housing & Open Space (State Government)
Infrastructure $50,000,000
1/10/2026
Your home of the latest property market insights.
RESEARCH SERVICES
OUR KNOWLEDGE
Our research services span over every suburb, LGA, and state within Australia; captured in a variety of standard and customised products, and include:
Access to accurate and objective research is the foundation of all good property decisions.
•
Advisory and consultancy
•
Market analysis including profiling and trends
•
Primary qualitative and quantitative research
•
Demographic and target market analysis
•
Geographic information mapping
•
Project analysis including product and pricing recommendations
•
Rental and investment return analysis
OUR PEOPLE Our research team is made up of highly qualified researchers who focus solely on property analysis.
Jason Abbott +61 418 727 977 jason@prdcoolangatta.com.au
GET IN TOUCH WITH US TODAY
PRD Coolangatta/Tweed Your trusted local real estate agency +61 7 5536 5526
12/56 Griffith Street
PRD.com.au/coolangatta/
Coolangatta, QLD, 4225
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. # 2026 encapsulates sales transactions for 1st half of 2026 (01/01/2026 – 30/06/2026) only, other years encapsulates sales transactions for the full year (i.e 01/01 to 31/12 of the relevant year). € Annual rental growth is a comparison between Q2 2025 (01/04/2025 – 30/06/2025) and Q2 2026 (01/04/2026 – 30/06/2026) 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 June 2026. ₳ 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 2026.