The Gold Coast is a coastal city in the Australian state of Queensland, is a leading tourism, business, and activities city. The Gold Coast is the sixth-largest city in Australia as well as the largest non-capital city. The Gold Coast stretches across 57 kilometres (35 miles) of coastline. The population of the Gold Coast is estimated at 560k. This city is a major tourist destination with a sunny, subtropical climate and its well-known surfing beaches. It has a sub-tropical climate with around 300 days of sunshine per year which it's comfortable weather suitable for outdoor activities all year round. Due to the fast-growing tourism industry, attracting more and more local and overseas tourists. This is a good place to visit and live.
The Star Residences is located in the central business district of the Gold Coast, close to large shopping malls and convention centers, and it gets great investment value. As the Gold Coast is a popular tourist attraction, the tenants are mainly tourists. The Gold Coast ranks third in rental returns. Its rental returns are very strong, reaching 5.5%-6%, and the Airbnb market is even as high as 10%.