House prices on the Gold Coast have started to rebound thanks largely to limited supply on the market.
According to PropTrack, house prices on the Gold Coast have jumped 1.43 per cent in the February quarter.
That compares with the rest of regional Queensland where prices remained flat.
Prices on the Gold Coast are now up 1.13 per cent year-on-year.
Experts say buyer demand on the Gold Coast remains very strong, while there’s been a drop in the number of homes hitting the market.
Nationally, house prices rose 0.18 per cent in February.
Of the capital cities, Adelaide saw the biggest gains, up 0.44 per cent, followed by Sydney (up 0.36 per cent) and Melbourne (up 0.17 per cent).
Hobart was the only city to experience a drop, falling 0.29 per cent.
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