Latest CoreLogic data shows the median house price on the Coast is in fact $655,000 — up from $627,000 at the same time last year.

So where can house hunters actually buy a house in that price range?

REIQ Gold Coast zone chairman Andrew Henderson said location dictated price with homes closer to the beach, shopping centres and transport bumping values up.

“Location is going to make a big impact on what you get,” he said.

“If you’re located close to Pacific Fair, generally you will pay a premium on that.

“It’s the same with houses near Robina Town Centre and potentially Westfield Coomera. Those big infrastructure projects generally help with the pricing of property.”

Along with houses close to large infrastructure projects inland suburbs including Ashmore, Robina and parts of Burleigh and Palm Beach offered more home with prices close to the median. 

While the median house price continues to climb on the Gold Coast, it will certainly be a while till million dollar properties begin to dominate the coast market. 

While the median house price is a good indication of market sentiment, it is only an indicator. BeachSea had a wide range of properties on offer, including homes in Pimpama, Upper Coomera and Ormeau which offer great value properties below the Gold Coast median house price.