Gold Coast house prices defy national slump as Brisbane values fall

The Gold Coast has defied housing trends across the country, growing its median home price while Brisbane and the rest of Australia sank. PropTrack’s Home Price Index for July 2026 revealed the city’s median rose 0.05 per cent in July, hitting $1.182m again after a drop in June. Queensland’s lifestyle city outperformed Brisbane and the national average, which both fell 0.3 per cent. Gold Coast home prices managed to rise again in July despite a 0.3 per cent national drop, going up after dipping last month for the first time in three and a half years. Kollosche managing director Michael Kollosche said while fears over interest rates and the federal budget created a few months of opportunity for Gold Coast buyers, he expected the window to be short. “It’s turned into a solid market that is not really tied to any of the capital cities anymore,” Mr Kollosche said. “There are not as many bidders at auction and not as much competition, but sellers are remaining firm on their prices and the ability to negotiate with them is going to become harder.” Kollosche managing director Michael Kollosche said buyers looking for prices to fall further in the Gold Coast could be out of luck. The Gold ...