Increasing popularity for multi-units as sales increase over September

By Larry Malan

If you're interested in buying an apartment in the Gold Coast, now could be a great time to start looking into the Broadbeach real estate market. A recent release from the Housing Industry Association (HIA) has highlighted rising sales for multi-unit properties across the nation – which could be an incentive to make your own move into the market. 

HIA chief economist Harley Dale said there was a huge 11 per cent increase in these sales over September, bringing overall sales for units over the quarter to 8.7 per cent. This is in contrast to falling detached home sales, which could illustrate a changing trend in real estate across the country. 

"The overall profile for new home sales is consistent with a healthy year for dwelling construction in 2014/15. It would be desirable to see that outcome in detached and low density construction in addition to the high rise sector," said Mr Dale in a 30 October statement. 

If you're interested in securing local real estate, get in touch with an agent today. Their experience and market insight can help you find the right property for your needs, allowing for a stress-free and streamlined process. 

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