Hope Island: An Oasis between Brisbane & The Gold Coast

SUBURB PROFILE: HOPE ISLAND

Uncover the wealth of opportunities in Hope Island, boasting a compelling owner appeal and thriving sales market.

Walkscore:

Hope Island is the 32nd most walkable neighbourhood on Gold Coast, with a Walk Score of 41. Although most errands require a vehicle, there is plenty of public infrastructure & scenery to enjoy outdoor leisure.

Population:

The 2021 Government Census showed that Hope Island has an approximate population of 11,182 people with an average age of 60+ years old.

Occupier Appeal:

Hope Island has 69% owner occupiers. This is great indication of desirable living area. Among its population, 59% comprise families, while singles make up the remaining 41%.

Days on Market:

As of November 2023 , the average days on the market for listed properties in Hope island is 52 Days.

Sales Insight

The median sale price in Hope Island stands at $1,750,000, reflecting a notable 25.7% increase over the past 12 months. Meanwhile the average sale price for apartments in the area is $770,000, marking a solid growth of 5.1%.

Rental Insight

House rentals in Hope Island average $1,000 with an annual rental yield of 4.1% while apartment rents have experienced a 7.1% increase, reaching an average of $750 per week.