Gold Coast new apartments hit 'lowest supply ever seen' with no price relief in sight - ABC News

A growing 'conundrum' is facing the Gold Coast property market, with the supply of new apartments hitting a record low, based on data from consultancy firm Urbis. But with the building industry facing rising construction costs and labour shortages, no relief …

The supply of new apartments on the Gold Coast has hit record lows, with increasing construction costs and consistently strong demand likely to push prices higher. Key points:

• A record 2,49… [+4720 chars]
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