Gold Coast most expensive rental market but with 'wide spectrum' of prices (australia) — ABC News – Australia
ABC News – Australia ·australia ·1 hour ago

Gold Coast most expensive rental market but with 'wide spectrum' of prices

Gold Coast rental prices surged to a record-high median of $900 in June, making it Australia's most expensive market. The strong demand, driven by luxury developments and severe supply shortages, is squeezing renters as Broadbeach Waters tops the suburbs with an average house rent of $1,500 per week. Experts warn that affordable housing construction is urgently needed.

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Published 09 Jul 2026, 02:45 UTC · Updated 09 Jul 2026, 02:50 UTC

Summary by OZbrief Editorial. Original report: ABC News – Australia. Editorial policy · Corrections