In stark contrast to Melbourne , the Gold Coast was the fastest-growing luxury unit market in Australia . Since 2020 , luxury units on the Gold Coast have exploded to surpass its luxury house market . Transactions peaked at 133 luxury units sold , a 1.5 per cent increase from 2022 and an increase times 25 from 10 years ago . No doubt luxury houses are growing too on the Gold Coast , just not at the same rate as luxury units . The Gold Coast sold 97 luxury houses in 2023 , a six per cent decrease from its peak in 2022 . Still , this is 11 times more than 10 years ago .
G O L D C O A S T
COUNT OF LUXURY TRANSACTIONS - HOUSE VS UNIT
UNIT
120
100
HOUSE
80
60
40
20
0 2014
2015 2016 2017 2018 2019 2020 2021 2022 2023
Source : Ray White
23