Gold Coast home owners are getting more for the sale of their properties than last year

Homeowners are getting more for the sale of their Gold Coast properties than they were a year ago as house and unit values continue to climb.

A new CoreLogic report shows the Glitter Strip recorded the second highest property value growth across regional Queensland in the last financial year.

The Sunshine Coast was the most solid performer, recording the biggest jump in median house prices at 6.9 per cent to $605,771 followed by the Gold Coast at 4.8 per cent to $642,243, then Wide Bay (2.2 per cent) and Cairns (2 per cent).

In the unit market, the Sunshine Coast once again enjoyed the strongest increase in median values at 4.6 per cent to $425,249 followed closely by the Gold Coast at 4 per cent to $415,971 and Wide Bay at 0.6 per cent.

CoreLogic analyst Cameron Kusher said coastal and tourism markets in Queensland were the areas performing reasonably well. Source: realestate.com.au