Owing to the popularity of the state’s largest coastal markets (Gold Coast and Sunshine Coast), Queensland was the only state to have a similar number of million-dollar markets in both its capital city (122) and its rest of state area (107). Thanks to its relative affordability and a steady stream of interstate migration, values have surged across Queensland, with the number of million-dollar markets more than doubling across Brisbane (up 139.2%) and regional QLD (up 127.7%) compared to this time last year.
Teneriffe ($2,873,947) maintained its position as Brisbane’s most expensive house market, while the Gold Coast’s Mermaid Beach ($2,680,187) overtook the Sunshine Coast’s Sunshine Beach ($2,651,978) as regional QLD’s most expensive house market.
