Suburb Profile Report for Broadbeach Waters QLD (4218)

Broadbeach Waters House: Median price $1,077,500, Annual capital growth 4.39%, Number of sales 215, Weekly median advertised rent $680

Broadbeach Waters Unit: Median price $445,000, Annual capital growth 0.86%, Number of sales 82, Weekly median advertised rent $420

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 2637th in the list of Australian suburbs ordered by increase in median house value over the last year, Broadbeach Waters, 4218 is in the BOTTOM 40% with a property value increase of 2.62% recorded in median house prices.

Over the longer term, Broadbeach Waters has seen property prices show investors a 31.40% return over the last 3 years. This is worse than over the last 12 months

Broadbeach Waters4218 is located in QLD which offers an average discount of -6.98% to property investors. Broadbeach Waters itself is showing figures that indicate -7.07% is the average achievable by property buyers investing in the suburb.

On average over the past year, suburb has had 17.92 sales per month, which equates to 215 per year.

Using the current median advertised rental of $680 and the average annual increase in value of a median property of 4.39%, investors should hope to achieve an overall return of 3.28%

At number 1484th in the list of Australian suburbs ordered by increase in median house value over the last year, Broadbeach Waters, 4218 is in the BOTTOM 20% with a property value increase of -7.29% recorded in median house prices.

Across a shorter period, Broadbeach Waters, 4218 has seen a median price increase of -4.20% over the last quarter.

Property buyers and investors in Broadbeach Waters 4218 should be seeing an average reduction in asking price of around -5.73% . This means that Broadbeach Waters is holding prices well when compared to other suburbs in QLD.

Residents and property investors in Broadbeach Waters have been waiting around 78.15 days to sell a property.

The QLD suburb of Broadbeach Waters, 4218 is in the Gold Coast local government area.

Metrics i HOUSE UNIT
$1,077,500 $445,000
-2.05% -4.20%
2.62% -7.29%
4.39% 0.86%
$680 $420
215 82
3.28% 4.91%
77.79 78.15

Source: CoreLogic

DSR Score for property investment : Good (U), Balanced (H)
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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