Gold Coast off-the-plan apartment buyers cash in as values soar more than 60%

Off-the-plan buyers in select Gold Coast apartment projects are cashing in on exceptional capital growth, with resale values climbing by up to 65 per cent in just two years – significantly outperforming the already strong broader market.

Early buyers in boutique projects such as Cabana Palm Beach and The Monaco at Main Beach have resold their apartments for staggering gains.

One apartment in The Monaco purchased off the plan for $5.6 million and completed in 2023 has since resold for $8.5 million, netting its owner a cool $2.9 million profit.

At the award-winning Cabana Palm Beach development completed in 2022, resales have returned price growth of between 52 per cent and 64 per cent.

Local developer Ignite Projects has just released its latest Palm Beach offering, Retreat on Jefferson Lane, with more than 25 per cent of apartments sold in less than four weeks.

Ignite Projects Director Josh Foote said: "We're excited to be ahead of the curve for price growth in our completed projects and expect to continue that momentum with Retreat at Palm Beach."

Retreat Palm Beach is priced from $1.35 million to $3.95 million, comprising 56 wellness-inspired apartments across nine levels. Designed by Plus Architecture, Retreat takes its inspiration from the Mediterranean, with soft curves, natural textures, and an emphasis on light, air, and indoor-outdoor flow.

Construction is set to commence in October 2025, with completion due in late 2027.