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AusProp
Investment Brief
Generated 10 July 2026

Miami

Central Gold Coast · QLD 4220

A beachside suburb gaining light rail stations and the Pizzey Park precinct upgrade.

Market snapshot

House
Unit
Median price
$2,250,000
$920,000
Rent / week
$1200/wk
$780/wk
Gross yield
2.77% (GC avg 3.2%)
4.41% (GC avg 4.85%)
Growth (1yr)
+9.4%
+7.2%
Auction clearance55%
Days on market33 days
Vacancy rate2.9%
Active listings57

* Sample market figures for layout testing — live Domain data is wired in before launch.

Supply risk

Medium supply risk1 major DA approved

1 development approval in the pipeline — monitor vacancy rate as new stock lands.

~120
est. new dwellings

Active infrastructure (2)

Gold Coast Light Rail Stage 3Transport

The Stage 3 extension runs through Miami along the Gold Coast Highway with a new Miami station and light rail-bus interchange, services from mid-2026.

Under Construction · Est. 2026Queensland Government ↗
Pizzey Park MasterplanOther

A council masterplan to redevelop the 60-hectare Pizzey Park sport and recreation precinct in Miami over a ten-year timeframe targeting 2032.

Announced · Est. 2032Pizzey Park ↗

Planning & commercial signals (1)

Monaco's Nalu Miami construction starting, $70M beachfront acquisition

Monaco Property Group's approved 46-apartment luxury development at Marine Parade, Miami will begin construction in early 2026. The project acquired the 7,238 sqm site for $70 million and features resort-style amenities with completion targeted for Q3 2028.

Summary

Miami has 2 active infrastructure projects, headlined by Gold Coast Light Rail Stage 3 (under construction). Investment spans transport, other. The median house price is around $1.72m, with auction clearance strengthening and days on market falling; gross rental yield is about 3.12%.

What happened last time: the Gold Coast Light Rail

Miami sits on this corridor. Two independent university studies tracked property values near light rail stations from 1996 to 2016. Here's what actually happened — not a projection, a record.

The biggest jump (+26%) landed during the feasibility study — years before construction even started, let alone the first tram running. Land 100–400m from a station rose 30% more than land 800m+ away, over the full 1996–2016 window.
+7%extra value within 400m of a station, in just the first year the line operated (vs land 400m–2km away)
$300mtotal land-value uplift across 1,324 properties near Stage 1 stations — about 25% of what Stage 1 cost to build

This is historical research on the Gold Coast's existing light rail (Stages 1–2) — not a guarantee any future project repeats it. We show it because it's the most rigorously documented Gold Coast precedent for how transit signals have actually played out here, and it's why AusProp surfaces planning and funding signals rather than waiting for ribbon-cuttings.