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Rate hike likely to impact short-term rental prices on Queensland's Gold Coast

Holiday-makers on Queensland's Gold Coast could feel the pinch of a local government rate rise targeting short-term accommodation owners.



In short: Holidays on the Gold Coast will likely become more expensive, with a "three-fold" rate hike for short-term accommodation. 

  • City of Gold Coast handed down the rate rise as part of it's budget on Friday. 

  • What's next? The Real Estate Institute of Queensland says it is unlikely to ease pressure on the city's housing market. 


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