The 17th AFL team will have picks one, two, three, five, seven, nine, 11, 13 and 15 in the 2010 NAB AFL Draft.
The south-east Queensland club will also have the first selection in each round of the 2010 draft.
Gold Coast will also enter the competition with a list of 48 senior players, nine rookies and with an extra $1 million total player payments extra allowance in 2010.
By 2015 its list will be back to 38 players and nine rookies, in line with other AFL clubs.
The club has already signed five youngsters and in the 2009 NAB AFL Draft it will have the capacity to sign a dozen 17-year-olds born in January-April 1992.
At the end of 2010, Gold Coast will also be able to pre-list 10 players who had previously nominated for the AFL Draft, or were previously listed with an AFL club, and will be permitted to sign up to 16 uncontracted players.
Any club that loses a player to the expansion side will be eligible for a compensation pick after the entry of both GC17 and the second club to be based in Sydney. Compensation picks will be tradeable and can be used by clubs at any time within five years.
First round compensation picks cannot be used until the end of the first round in the 2010 and 2011 drafts. Clubs will be required to nominate the year in which they plan to use the compensation pick before the first round of the premiership season in that particular year.
AFL CEO Andrew Demetriou said the working group on list development for the Gold Coast team had two broad objectives, "That GC17 should be able to assemble a competitive list on its entry to the competition in 2011, coupled with minimising the downside and making available trade and draft opportunities to the existing 16 AFL clubs."
Demetriou said the AFL Commission wanted to achieve a balance between GC17 having enough mature players on entry to the competition to be competitive but not trading away its access to future talent.
"There was a comprehensive examination of the entry lists and early performances of each of the recent new clubs to the competition – West Coast, Brisbane Bears, Adelaide, Fremantle and Port Adelaide," he said.
"There is a clear trend in AFL football that first-year players are now playing fewer AFL games and that the physical gap between players entering the system and those players already at AFL clubs has never been greater.
"It is the consensus view of AFL clubs across the competition that it takes three to four years of development for most players to adapt to AFL level and that the successful composition of a strong club list can take five to eight years.
"The rules for GC17 had to reflect both the capacity for the club to have access to older players in its initial entry and access to talent to develop a long-term competitive group," he said.
Gold Coast will also have selections one to five in the 2009 AFL Rookie draft.