Gold Coast median property prices soften as banks implement tighter lending practices.
Gold Coast median property prices soften as banks implement tighter lending practices.
Banking policy shifts have caused the Gold Coast property market to soften on price as buyer numbers dwindle in late March 2022. Further media speculation of potential interest rate rises looming and the likelihood of inflation increasing dampens buyer interest.
Affordability limitations and the expectation of interest rate rises have impacted buyer sentiment.
