There has been a bit of argy bargy re Australia’s Gold Coast property values….

I thought I’d muck things up with some real data as opposed to conjecture….I’ve just checked one of Australia’s top real estate data sources…. here are the actual figures…

Capital growth in Median prices of Gold Coast HOUSES
2007 12.9%
2008 4.0%
2009 -8.7%
2010 12.3%
2011 -1.3%

Capital growth in Median prices of Gold Coast UNITS
2007 8.6%
2008 1.3%
2009 -4.9%
2010 5.7%
2011 -4.4%

Capital growth in Median prices of Gold Coast LAND
2007 39.2%
2008 -13.3%
2009 -5.7%
2010 60.8%
2011 2.5%

These figures don’t show anything very alarming for Gold Coast Houses with a net gain over the last 4.3 years of 19.2%. But I wish I had bought more land 🙂