Gold Coast vs Sydney Property Market – CEO Insights with David Highland

The 2026 Market Outlook with David Highland

With the Federal Budget now delivered, we sat down with Highland CEO David Highland to discuss how the Gold Coast market is tracking in comparison to Sydney, the key trends emerging across both markets, and where he sees the greatest opportunities for the remainder of 2026.

From continued interstate migration and lifestyle-led purchasing to growing prestige demand, David shares his insights into the evolving Gold Coast landscape, the strong momentum building within the Highland Gold Coast office, and why the region continues to capture the attention of southern buyers.

The Gold Coast and Sydney markets continue to draw strong comparison, particularly among interstate buyers weighing lifestyle, value and long-term growth. In the wake of the Federal Budget and broader economic shifts, we asked Highland CEO, David Highland, how he sees the two markets performing differently throughout 2026.

“We’ve seen a 10–15% correction across parts of Sydney since early 2026, driven largely by reduced buyer confidence amid global instability, fuel shortages, the Federal Budget and three consecutive interest rate rises. In my view, April marked the bottom of the Sydney market based on what we’ve observed so far this year.

In recent weeks, however, sentiment has begun to improve and, should rates pause in June, we expect the market to stabilise further with fewer external distractions impacting buyer behaviour.

The Gold Coast market has also experienced some cooling, but importantly, the underlying fundamentals remain exceptionally strong. Looking ahead, I remain very optimistic about both the Sydney and Gold Coast markets for the remainder of 2026, and I believe the Gold Coast is well positioned to outperform many other regions across Australia.”

What key trends are you currently seeing among Sydney-based buyers turning their attention to the Gold Coast, and how do you see the Gold Coast property market performing throughout the remainder of 2026?

“We expect to continue seeing strong demand from Sydney-based buyers purchasing second and third homes on the Gold Coast. Alongside this, interstate migration from the southern states remains significant, driven by the region’s expanding infrastructure, lifestyle appeal, quality schools and broader educational opportunities.

Compared to Sydney, the Gold Coast also continues to offer relative value and affordability, which remains a key driver attracting both owner-occupiers and investors.”

From a CEO perspective, how do you view the growth of the Gold Coast office under the leadership of Hanan Cawley, and what role do you see it playing within the broader Highland network moving forward?

“I’m incredibly proud of our Gold Coast team, led by our very experienced Managing Director Hanan Cawley. While the office forms part of a broader national network, the team has retained a boutique, highly hands-on approach, remaining involved in every stage of the sales process.

Our model is built around a high-touch, client-focused experience, while also leveraging the strength, infrastructure and reach of the wider Highland network. It’s this combination that enables Highland to deliver stronger outcomes for our clients through a more sophisticated approach and broader buyer reach.”

Thinking of Making a Move?

Whether you are considering selling, purchasing or simply seeking an updated opinion on the current market, Hanan Cawley and the Highland Gold Coast team would be delighted to assist.

Contact our team today for a confidential discussion about your property goals.