Construction of the Gold Coast Light Rail Stage 3 from Broadbeach to Burleigh Heads is progressing steadily, with completion and operation expected by mid-2026.
Already, we are seeing the impact of the project with several new developments, approvals, and applications emerging in Mermaid Beach and Nobby Beach. This activity signals the beginning of a broader transformation along the light rail corridor, one that will continue to reshape the area well into the future.
While some developers and property owners are acting now to take advantage of current market conditions, others may benefit from considering the longer-term opportunities this infrastructure brings.
Although the City of Gold Coast has abandoned its proposed changes to zoning, residential density, and building height designations under the current City Plan, Council is in the early stages of preparing a new Planning Scheme. As part of this work, potential changes may include:
- Uplifts in zoning, residential density, and building height designations.
- Reduced car parking rates for residential and commercial land uses within close proximity to light rail stations.
For property owners, these changes could represent significant opportunities. Whether you are looking at immediate development or considering options for the medium to long term, now is the time to explore what this project could mean for you.
If you would like to discuss the development potential of your property, please contact our Nobby Beach office and ask for Steven Mitchell.
