Elite Agent | Gold Coast Land Shortage: Only 68 Homesites Left

Why the Gold Coast Land Market Is Facing a Critical Shortage

Elite Agent journalist Catherine Nikas-Boulos reports on a $146 million Queensland Government infrastructure package aimed at unlocking more than 18,900 Gold Coast homesites, drawing on quarterly land market figures from Oliver Hume.

Gold Coast Land Market Under Pressure

Oliver Hume figures show only 70 new land sales were recorded on the Gold Coast in the June quarter, against 1,216 across the broader South East Queensland market. Active allotments fell 35 per cent over the quarter, from 92 to just 68, pushing land values to $1,752 per square metre, a 27.1 per cent quarterly increase, and the median asking price for remaining stock to $1.199 million.

What the Infrastructure Funding Means for Supply

Oliver Hume Chief Economist Matt Bell said the figures reflected a market under structural pressure rather than weaker buyer demand, noting continuing demand from local buyers and people moving to the region despite the prolonged land shortage. He said the Queensland Government's $146 million infrastructure commitment, covering road, water, power and sewage upgrades across corridors including Coomera, Pimpama and Robina, was an important step toward restoring a healthier supply pipeline and improving housing choice.

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