House prices on the Gold Coast Hope Island suburb have soared by almost 50 per cent

PUBLISHED ON Feb 27, 2020

Good news for anyone who owns a home in Hope Island. The popular suburb on the northern Gold Coast has increased its annual median house price by almost 50 per cent, as reported earlier this year.

According to data released by the Real Estate Institute of Queensland, Hope Island experienced a quarter on quarter median price growth of 43.4 per cent.

It was a surprise outcome, with Queensland’s housing market performance experiencing an overall reduction of 0.7 per cent during the September quarter.