, according to McGrath chief executive John McGrath.
In his Autumn 2012 Market Review, Mr McGrath said buyer activity waInvestors seeking higher rewards should look to South-East Queensland this years up significantly from this time last year, with the under $1 million segment the strongest.
Units across the Gold Coast have an average median price of $370,495, while houses are priced at around $553,589, according to January RP Data statistics.
RP Data also found that theCoast average median prices for units and houses were $348,139 and $503,475 respectively.
“Markets like the Gold Coast and Sunshine Coast were significantly oversold during the GFC and depending on the level of mortgage sales over the next 12 months, should have very strong upside when they begin a real recovery either this year or in 2013.”
The report also included Mr McGrath’s top Sydney metro picks for capital growth.