Property Market Update for Robina, Gold Coast - July 2018
Robina house prices have been on the rise since 2013. The first 4 months of 2018 has bucked this trend with a decrease in the average price of a house in Robina being sold dropping by 3.5%. We can also see that the Days on Market for houses is also starting to increase, but is still nowhere near the level of over 100 days as it was at the beginning of 2013.
Contrary to the above indicators, the number of houses that are available for sale in Robina has dropped off noticeably in the past couple of weeks.
Robina unit prices have been moving sideways for the past 10 years. We have seen a slight decrease in the average sale price for units of -0.9% for the first 4 months of 2018 and a slight increase in Days on Market for the past 6 months. Stock levels have been relatively consistent this year.