QUEENSLANDS’ GOLD COAST

OVERVIEW OF THE REGIONAL ECONOMY
   

Introduction
The Gold Coast region is one of Australia’s largest urban centres
and it continues to grow at a rapid rate. Population growth over
the last five years has continued at a rate of around 4% per annum. According to the ABS 2001 Census, the population of the Gold Coast City was approximately 430,000 persons.  

 

  • By the year 2005 the city will have a population of 500,000 people.
     

  • Most of this growth comes from interstate migration, however the number of overseas migrants has been growing for
    a number of years. New residents from overseas come from Singapore, Hong Kong, Europe and New Zealand.
     

  • The Gold Coast is an important retiree destination. The ‘sunbelt’ migration as it is termed is similar in pattern to the
    East Coast of the USA. Despite this the Gold Coast is a relatively young city with a median age for males of 36 years
    and females 37 years. 
     

  • People moving to the area are attracted to the obvious lifestyle benefits and the opportunity to capitalise on the reasonable real estate prices when compared to their hometowns.
     

  • The Gold Coast has a population growth of 13,500 persons per year. This creates a demand for around 5,400 new dwellings. This figure does not take into account the units and serviced apartments built solely for tourist accommodation.
    download Gold Coast Profile pdf for entire profile (367Kb)
   
   
    FREE Acrobat reader available here
 

© Copyright 2004 | Kerrie Young Property Pty Ltd