The Gold Coast’s apartment pipeline is at risk of a dramatic slowdown, with new research released by the Property Council of Australia painting a grim picture for the city’s residential sector.
The independent research shows 53 per cent of the Gold Coast’s apartment pipeline is at a moderate to high risk of being withdrawn, or delayed, in 2026-27 as cost constraints increase their stranglehold on the industry.
‘Gold Coast apartment snapshot has also shown that Gold Coast’s apartment supply pipeline could fall from 1,900 units in 2025 to 1,400 units in 2026, with just 50 units relatively certain to be delivered in 2027.
The report makes three key recommendations drawn from the Property Council’s ‘Be a Queenslander’ election platform:
- Restoring our competitive edge by evening the playing field for Australian-based developers
- Expand the Incentivising Infill Fund
- Coordinate planning and infrastructure delivery.
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Gold Coast apartment snapshot
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6 September 2024
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The Gold Coast’s apartment pipeline is at risk of a dramatic slowdown, with new research released by the Property Council of Australia painting a grim picture for the city’s residential sector.
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MEDIA RELEASE: Gold Coast apartment supply at ‘high risk’ of slowdown
Date
6 September 2024
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The Gold Coast’s apartment pipeline is at risk of a dramatic slowdown, with new research released by the Property Council of Australia painting a grim picture for the city’s residential sector.
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