Suburb Profile Report for Broadbeach Waters QLD (4218)

Broadbeach Waters House: Median price $1,050,000, Annual capital growth 5.35%, Number of sales 215, Weekly median advertised rent $655

Broadbeach Waters Unit: Median price $470,000, Annual capital growth 2.63%, Number of sales 75, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 26.51% for the last 12 months, Broadbeach Waters, 4218 has performed for property investments than its average annual 5.35% property growth over the last 5 years.

Broadbeach Waters,4218 was ranked 256 in Australia by increase in median property value over the quarter.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Broadbeach Waters, 4218. Typically our figures indicate that -8.13% is being offered, which puts this QLD suburb at 730th most discounted overall in Australia.

At number 2200 in a list of fastest selling suburbs, Broadbeach Waters is just in the bottom half of suburbs in Australia with an average of days on market 87.93 for properties listed there.

Advertised rents are around the $655 mark per week – giving a return of 3.24% based on the median price in Suburb

At number 388th in the list of Australian suburbs ordered by increase in median house value over the last year, Broadbeach Waters, 4218 is in the top 30% with a property value increase of 10.59% recorded in median house prices.

Broadbeach Waters,4218 has offered an average of 10.59% return per annum in house price rises to property investors over the last three years.

Broadbeach Waters, 4218 is offering QLD ‘s 64th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this QLD.

Residents and property investors in Broadbeach Waters have been waiting around 103.1 days to sell a property.

Advertised rents are around the $400 mark per week – giving a return of 4.43% based on the median price in Suburb

HOUSE UNIT
$1,050,000 $470,000
8.25% 0.00%
26.51% 10.59%
5.35% 2.63%
$655 $400
215 75
3.24% 4.43%
87.93 103.1

Source: CoreLogic

DSR Score for property investment : Above average (H), Very 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
Chart Table
Recent sales & rentals