Latest figures on the Gold Coast unit market shows that based on current demand for high, medium and low rise apartments, the Gold Coast has an overall supply level of 6.6 months. This supply level is broken down to 7.5 months for highrise, 4.4 months for medium rise and 6.9 months for low rise.

Surfers Paradise was the star performer for the December quarter as it was in the previous two quarters. The supply level in Surfers Paradise has dropped from 18.6 months in the June quarter to the current 8.7 months supply based on the current selling rate.

There were 165 sales in Surfers Paradise during the December quarter, this is up from 156 in the September quarter and 127 in the June quarter and with 178 in the March quarter this makes a total of 626 sales for the calendar year to December 2013.