Gold Coast Prices Fall In Dec-March Quarter

The latest report from Australian Property Monitors has revealed a 0.8% fall in Gold Coast House Prices and 3.2% fall in unit prices across the city.  This is in stark contrast to strong gains in the capital cities – particularly Melbourne, which has seen 27% and 13.7% increases over the last 12 months for house and unit prices respectively.

Despite the falls, APM have indicated that they expect to see price growth later in 2010.

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