#464 Gold Coast Zone

REIQ Gold Coast Zone chairman John Newlands said some southern suburbs were shaking off a poor reputation and [1] gentrification as wealthier residents moved in and displaced people from lower-income groups. "l think suburbs such as Miami have become [2] with people who previously would not have gone there," he said. "They have come into their own with new restaurants and markets [3] which has also made them more attractive." Developers have [4] on to the trend as well, with Sunland launching a $62 million development, Magnoli Residences, in Palm Beach.