Gold Coast High Rise Apartments at a 6 Year Low! (15/10/10)
The volume of high rise apartments for sale in the Gold Coast region has fallen from 1296 to 839 during the last twelve months, based on the most recent Midwood Queensland Investment Report.
This is the lowest the number has been since about 2004.
The fall is essentially due to a reduction in the number of apartments actually being built on the Gold Coast – with development approvals having gone down continually in recent years and the market remaining reasonably flat.
