
A view that speaks for itself.
Gold Coast homeowners are celebrating off the back off the latest PropTrack Home Price Index report, which reveals a staggering 13.08% increase in property prices over the past 12 months.
The report confirms a fearless 2.8 percent hike in value for the first quarter of 2026, with demand continuing to outstrip supply despite the proliferation of cranes littering our skies.
With ongoing concern around interest rate hikes, many homeowners are sitting tight, with figures from the REIQ revealing a 15% drop in listings in December 2025. February 2026 displayed similar numbers, confirming seasonality was unlikely to be the underlying cause. As with any commodity, when demand out strips supply, prices will inevitably continue to rise.
The new Andrews South Beach development couldn’t come at a better time, proving to tick all the boxes for first time buyers, downsizers, wellness seekers and investors alike.
Securing a large land holding in one of the best locations was an easy decision for the Andrews Team, who are known for building complexes which enhance the lifestyle of those choosing apartment living.
With the median Gold Coast house price now registering a staggering $1.12 million, South Beach aims to provide buyers with the opportunity to secure their dream property at a starting price below todays median price.
The complex will boast 2 towers offering 400 apartments of varying sizes, including much sought after one-bedroom apartments. South Beach will blend a palatable mix of both private dwellings and holiday apartments, along with a state of the art Wellness Hub, bringing a new level of sophistication to apartment living. The design and offerings within the Hub will inevitably set the standards others must follow if they want to attract future homeowners and investors.
The team behind Andrews want to ensure they play their part in meeting the seemingly never-ending demand for Gold Coast property, whilst keeping it affordable for all.
Coupled with the strategic investment the Gold Coast City Council is making into the Arts and Entertainment sectors, South Beach is set to become the place to live for those wanting to settle for nothing but the best, in the heart of a growing, vibrant city.
Article first published here
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