Demand for rental properties on the Gold Coast remains strong, with particular interest in the $500 to $750 per week price range, which remains the sweet spot for tenants looking for well-maintained, affordable homes. 

This segment of the market is leasing quickly, with many tenants eager to secure properties before the summer months. In September, Kollosche leased a number of apartments inside the ‘Gala’ complex on Old Burleigh Road in Broadbeach, where two-bedroom apartments have been snapped up. 

Todd Madgwick, Kollosche’s Head of Property Management, explained that demand in this price range has been exceptionally strong. 

“We’re seeing properties in that $500 to $750 per week bracket lease very quickly,” he says. ”It’s where the highest volume of interest is right now, and it’s important for landlords to recognise the opportunity to capitalise on this demand.”

While Kollosche’s core business focuses on rentals priced at $1,500 per week and above, Todd notes that the sweet spot for mid-range rentals remains an important part of the market. 

“Even though our primary focus is on luxury rentals, we’ve seen a significant amount of activity in the mid-range segment. This interest drives quick leasing times, which benefits both tenants and landlords,” he adds.

At the higher end of the market, premium properties are also in high demand. A five-bedroom waterfront house on Korong Street in Southport leased for $3,500 per week while Kollosche welcomed a tenant into a sub-penthouse atop the newly-completed ‘Remi Residences’ on Surf Parade for $3,000 per week. 

“The luxury market on the Gold Coast has remained incredibly resilient,” says Todd.
“We’ve seen continued interest in premium properties, and we expect this trend to continue as more high-net-worth individuals seek high-quality rental options.”

As the Christmas-New Year period approaches, short-term rentals are becoming increasingly popular, with many tenants seeking flexible accommodation options for the holiday season. Among those now up for lease is a luxurious four-bedroom villa on Tedder Avenue that is offered fully furnished for $2,400 per week on a six-month lease. 

“Short-term rentals during the festive season offer landlords a great opportunity to maximise returns,” Todd says. “This is the time for landlords to consider making their properties available for holiday stays, as the demand is strong, and the returns are excellent.”

These trends reflect broader market conditions, where both mid-range and high-end rentals are attracting steady enquiry. As the market continues to evolve, Todd emphasised the importance of keeping an eye on changing dynamics.

“The key to success in this market is understanding where the demand is and adjusting pricing and availability accordingly,” he said. “For landlords, it’s a great time to consider adding properties to the rental pool, especially with the holiday season around the corner.”

As Kollosche continues to grow its presence in both the residential and commercial rental markets, the team remains focused on delivering exceptional results for landlords and tenants alike. With continued collaboration and a client-focused approach, Kollosche is well-positioned to meet the evolving demands of the Gold Coast rental market.