Gold Coast is now on the world stage with the commencement of the Commonwealth Games. There is anticipation by locals on what this will mean for the region’s future after millions of dollars of investment has been made in the hope of improving the economic prosperity of South East Queensland.
This report will look at the property fundamentals in the Yatala Industrial region which is the grouping of suburbs in North Gold Coast including: Yatala, Ormeau, Beenleigh, Staplyton and Upper Coomera all part of the Yatala Enterprise Area. This region is well located on the M1 between Brisbane and Gold Coast and as it is land rich it has the opportunity to provide affordable industrial land. Demand has been strong for Yatala with higher sales volumes, growing capital values and reducing yields, rents too have shown positive signs as confidence around business expansion and employment growth improve.