first_imgFit for royalty. 1-3 Queen Guineveres Place, Sovereign Island is on the market.CONFIDENCE in prestige properties is tipped to lead the Gold Coast property market next year, a new report says.More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North1 hour ago02:37International architect Desmond Brooks selling luxury beach villa21 hours agoHerron Todd White’s December review revealed luxury residences such as golf course and canal/waterfront properties recorded up to a 20 per cent improvement in values in 2017. Prestige properties are tipped to lead next year’s property market. Waterfront properties recorded up to a 20 per cent improvement in value.Prestige unit values also increased by 10 per cent.The report said the confidence in the prestige market was “the biggest surprise” of the year in residential real estate and predicted that the value of luxury homes will pull even further away from lower property brackets next year.last_img