Investment property in Broadbeach Waters has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 20.82%
Comparing Broadbeach Waters,4218 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Broadbeach Waters is $1030000, with sellers offering an average of -7.44% off the asking price.
Residents and property investors in Broadbeach Waters have been waiting around 89.76 days to sell a property.
Broadbeach Waters is 710th on a list of best yielding suburbs for rents in QLD with a 3.28% return
QLD has seen average median house prices change by 1.12% which means that Broadbeach Waters, 4218 has done well for property investors by showing a capital gain of 12.50% over the last year
Broadbeach Waters,4218 has offered an average of 12.50% return per annum in house price rises to property investors over the last three years.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.00% offered to property buyers. Sellers in Broadbeach Waters itself are offering an average vendor discount of -7.67% to real estate investors.
With the median price for a house in Broadbeach Waters being $495000 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 4.41%