If you’re planning to own a home on the Gold Coast, you’ve probably asked yourself: “should I build or buy Gold Coast?”
This question is especially pressing given the Gold Coast property market 2025 projections, which indicate steady growth despite supply constraints and rising construction costs.
Below, we’ll compare the cost of building gold coast homes versus purchasing an existing property, highlight market hotspots, and share up-to-date statistics to help you make an informed decision.
The median house price on the Gold Coast currently sits at $1,170,000, making it the second most expensive market in Australia.
Experts forecast a 3% to 7% property price increase in 2025.
Some analysts predict the Gold Coast could potentially reach Sydney’s current average of $1,700,000 by 2027 if current trends continue.
The Gold Coast’s population has grown by 23% in the past decade, with 19,170 new arrivals recorded by June 30th, 2023.
Projections estimate the population will hit 1 million by 2037, intensifying housing demand.
Limited land availability in prime coastal locations is pushing prices higher.
Construction sector challenges: Many builders have gone into liquidation, contributing to a persistent housing shortage.
High construction costs are affecting off-the-plan developments, often making them pricier than comparable existing homes.
Location Tip: If you want more suburb-specific insights (e.g., Broadbeach, Burleigh Heads), check out our locations pages for data on new builds, available land, and property types.
Immediate Possession: Move in as soon as the sale settles—no waiting for construction to finish.
Established Suburbs & Amenities: Areas like Mermaid Beach, Broadbeach Waters, and Burleigh Heads already have schools, shops, and public transport.
Renovation Potential: If you’re keen to customise later, you can always explore our Home Renovations page to upgrade and modernise.
Higher Entry Price in Prime Areas: Beachside suburbs with soaring median prices can push you over budget.
Maintenance & Repairs: Older homes may come with hidden issues, like outdated wiring or roofing concerns.
Competitive Market: Popular suburbs often see fierce bidding wars, driving up final purchase costs.
Complete Customisation: Pick your layout, finishes, and features—perfect if you have a specific vision.
Modern Standards: Enjoy energy-efficient designs, updated safety codes, and fresh warranties.
Potential Long-Term Value: With the right location, a new build can stand out in a market that craves modern living spaces.
Timeline & Delays: Construction projects can take months (or longer) and can be delayed by supply chain or labour issues.
Cost Overruns: Material prices and labour can fluctuate, sometimes leading to budget blowouts.
Limited Prime Coastal Land: Finding a suitable lot in high-demand suburbs (e.g., Broadbeach, Mermaid Beach) can be challenging and expensive.
Basic, smaller builds: $300,000 – $450,000
Mid-range builds: $450,000 – $800,000 (better finishes, moderate architectural detail)
High-end/luxury homes: $800,000+ (custom designs, prime coastal locations)
Keep in mind that these figures exclude land purchase. With prime beachside blocks scarce and costly, you’ll need to factor in land acquisition if you want to build in areas like Broadbeach, Mermaid Beach, or Burleigh Heads.
Median House Price: $1,170,000
Additional Fees: Stamp duty, inspections, legal costs, and potential renovations.
Renovation Costs: If you plan to update or expand, factor in extra funds for a kitchen, bathroom, or full-home makeover. Check our Home Renovations page for ballpark figures and timelines.
Investing or flipping? If you’re considering turning a commercial space into a lucrative venture, visit our Commercial Renovations page to see how we can maximise your ROI.
The Gold Coast property market 2025 isn’t uniform—some suburbs show stronger growth or unique opportunities:
Expected growth of 8–10% in 2025.
Boasts 25% capital growth over the past 24 months, driven by exclusive beachfront properties and very limited land.
Also projected for 8–10% growth in 2025.
Has enjoyed a 22% growth in the last 24 months, thanks to waterfront living and proximity to Broadbeach amenities.
Luxury gated community with a 20% growth rate over the past 24 months.
While no specific 2025 figure is available, its appeal to high-end buyers suggests continued resilience.
Units are expected to see at least 5–7% growth in 2025.
Affordability and strong rental demand make these areas popular for investors.
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Home Loan vs Construction Loan: Building typically involves progress payments, whereas buying an existing property is a one-off settlement.
Interest Rates: A small rate difference can significantly impact your monthly payments, so consult with a mortgage broker.
Immediate Needs: If you need a home quickly, buying an existing property might be more practical.
Long-Term Plans: Building can be worth the wait if you’re planning to stay put for years and want a truly custom space.
Land Scarcity: A new build on a prime block may offer robust appreciation, especially in beachside suburbs.
Renovation Potential: Older homes in high-demand areas can also jump in value with the right upgrades.
With a median house price of $1,170,000 and projections of 3–7% growth, the Gold Coast property market 2025 is far from slowing down. Both building and buying have their merits:
Buy if you prefer established suburbs, want immediate possession, or see high potential in renovating an existing home.
Build if you desire a custom design, are prepared for possible delays, and can secure a block in a location you love.
Either option can be financially sound—especially given continued population growth and tourism demand. The key is to align your choice with your budget, lifestyle goals, and timeline.
At JL Coastal Projects, we bring local expertise to your property journey:
Full Build Services: From architectural plans to final handover, we handle it all.
Renovation Solutions: Check our Home Renovations services if you’re considering updating an existing home.
Commercial & Investment Projects: Our Commercial Renovations page covers fit-outs and upgrades that enhance ROI.
Ready to clarify your next steps? Get in touch, and let’s map out the perfect strategy—whether it’s building, buying, or a combination of both.
It sits around $1,170,000, and experts predict further growth in 2025.
Unfortunately, yes. Some builders have gone into liquidation due to labour shortages and rising costs. That’s why it’s crucial to compare local builders for reliability.
Timelines vary, but expect 6–12 months or more depending on design complexity, approvals, and supply chain factors.
Mermaid Beach, Broadbeach Waters, and Burleigh Heads show high growth potential. Gated communities like Sanctuary Cove also tend to attract strong interest.
It can be—particularly in high-demand suburbs. Upgrades can significantly increase property value if done thoughtfully. Visit our Home Renovations page for more details.
The question “should I build or buy Gold Coast?” doesn’t have a one-size-fits-all answer. With limited land, rising construction costs, and steep median prices, the best choice depends on your finances, lifestyle goals, and long-term plans.
By weighing current Gold Coast property market 2025 data, suburb-specific statistics, and the cost of building gold coast projects, you’ll be well on your way to making a smart, future-focused decision.
JL Coastal Projects is here to guide you—offering expert advice, trustworthy building services, and seamless renovations. Reach out today to start planning your Gold Coast property journey!
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