REIQ Gold Coast zone chairman John Newlands said property prices could start to move up in Burleigh Heads, Miami and Mermaid Beach following the Broadbeach to Burleigh light rail extension plan announcement. Picture Mike BatterhamREAL estate agents predict property prices in Mermaid Beach, Miami and Burleigh Heads to increase following the Broadbeach to Burleigh light rail extension plan announcement.REIQ Gold Coast zone chairman John Newlands said it would be great news for southern Gold Coast homeowners.“We could start to see a bit of movement (in prices) as people start to position themselves and plan for the future,” he said.“A lot of locals might go up to Broadbeach for drinks and then catch the light rail back home. People with certainly use it — the light rail has been a roaring success already.”More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North7 hours ago02:37International architect Desmond Brooks selling luxury beach villa1 day agoAgents say the light rail will make a huge difference to property prices on the southern Coast. Photo: Regi VargheseRay White Broadbeach agent Troy Fitzgerald shared a similar view.“I think the light rail will make a huge difference and will fuel a lot more hype now that it’s officially approved,” he said. “It will be fantastic for the southern part of the Gold Coast.”Home owners in the city’s north have already felt the effects of the second stage light rail construction with property prices increasing. The second stage will connect the existing light rail system at Southport to heavy rail at the Helensvale station.Median prices are up 27 per cent in Parkwood in the past three years while in Helensvale prices were up 23 per cent.