RILEY RUMBLINGS | Burleigh Ocean Pool & Soaring Home Prices

In this week’s episode, Drew Riley and James Tyquin from Riley Real Estate dive into the Gold Coast’s hottest talking points — from the potential new Burleigh ocean pool to the massive surge in property prices across the region.

🌊 Burleigh Ocean Pool Returns?

Since the original Burleigh Headland pools were destroyed in 1978, locals have dreamed of their return. The latest proposal could see a new ocean pool built at Rudd Park, and is currently exploring community feedback.

🏡 Gold Coast Property Values Soar

According to PropTrack’s latest Home Price Index, the Gold Coast has hit a new record median of $1.107M, up 10.06% year-on-year — making it the second-highest median in Australia, just behind Sydney.

Units jumped 10.09% to $902K
Houses rose 10.06% to $1.345M

Meanwhile, Brisbane led Queensland with 12.6% annual growth — the largest dollar value rise in the state.

📈 National Market Overview

Across Australia, prices are 7.5% higher than a year ago — growth not seen since May 2023. All capitals (except Hobart and Canberra) are now sitting at record highs, buoyed by three RBA rate cuts this year (Feb, May, Aug) totalling 75 basis points. With lower rates, buyers are enjoying stronger borrowing power and renewed confidence in the market.

👉 Subscribe for weekly Gold Coast lifestyle insights, and local market breakdowns.

📞 For more on the Gold Coast market or off-market opportunities, contact Drew Riley & James Tyquin at Riley Real Estate.

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