Suburb Profile Report for Broadbeach Waters QLD (4218)

Broadbeach Waters House: Median price $1,085,000, Annual capital growth 3.81%, Number of sales 209, Weekly median advertised rent $695

Broadbeach Waters Unit: Median price $430,000, Annual capital growth 0.33%, Number of sales 82, Weekly median advertised rent $450

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

QLD has seen average median house prices change by 2.81% which means that Broadbeach Waters, 4218 has done well for property investors by showing a capital gain of 3.33% over the last year

If we look at median property appreciation over just the last three months, Broadbeach Waters has given property investors a paper return of -1.36%. This puts Suburb as 649 on a list of fastest fasting appreciating suburbs in QLD

Vendor discounting in Broadbeach Waters is giving property investors an average Vendor Discount of around -7.50%. This puts suburb at number 252th in QLD when ranking the most discounted suburbs.

A $695 per week rent on the median house gives suburb investors a gross yield of circa 3.33%, without taking into account capital value appreciation, which has been averaging out at 3.81%.

Investment property in Broadbeach Waters has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -5.49%

When looking at the potential capital gains offered to property investors over the last 3 years, Broadbeach Waters comes in at number 90th in QLD.

Broadbeach Waters4218 is located in QLD which offers an average discount of -5.93% to property investors. Broadbeach Waters itself is showing figures that indicate -5.27% is the average achievable by property buyers investing in the suburb.

Broadbeach Waters is 153th on a list of best yielding suburbs for rents in QLD with a 5.44% return

Metrics i HOUSE UNIT
$1,085,000 $430,000
-1.36% -11.34%
3.33% -5.49%
3.81% 0.33%
$695 $450
209 82
3.33% 5.44%
77.05 71.44

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 7534
Median household income ($/weekly) 1257
Median age of persons 42
Median housing loan repayment ($/monthly) 2392
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 794 10.5
    25-34 years 868 11.5
    35-44 years 1079 14.3
    45-54 years 1087 14.4
    55-64 years 1026 13.6
    Others 2679 35.6
    Age Group
    Census Count Percent(%)
    Registered Married 2653 48.7
    Not Married 2203 40.4
    Defacto Relationship 597 10.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 4847 71.6
    Papua New Guinea 561 8.3
    South Africa 75 1.1
    United Kingdom 431 6.4
    Other 280 4.1
    Others 574 8.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 78 1.2
    Christianity 4999 76.2
    Islam 37 0.6
    Judaism 39 0.6
    No Religion 1373 20.9
    Others 35 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 253 10.4
    $600-$799 244 10.1
    $800-$999 228 9.4
    $1,500-$1,999 253 10.4
    $2,500-$2,999 229 9.4
    Others 1219 50.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2013 35.6
    Employed, worked full-time 2005 35.4
    Employed, worked part-time 1196 21.1
    Unemployed, looking for work 237 4.2
    Employed, away from work 210 3.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 556 16.3
    Professionals 662 19.4
    Technicians & trades workers 503 14.8
    Clerical & administrative workers 488 14.3
    Sales 426 12.5
    Others 772 22.7
    Occupation
    Census Count Percent(%)
    Pre-school 85 6.3
    Infants/Primary 541 40.1
    Secondary 346 25.6
    Technical or Further Educational Institution 104 7.7
    University or other Tertiary Institutions 233 17.3
    Others 40 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5516 81.7
    Semi-detached, row or terrace house, townhouse 728 10.8
    Flat, unit or apartment 504 7.5
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1033 39.1
    Being purchased 976 37.0
    Rented 621 23.5
    Other tenure type 10 0.4
    Tenure Type
Census 2011, ABS
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