Suburb Profile Report for Broadbeach QLD (4218)

Broadbeach Unit: Median price $470,000, Annual capital growth -0.11%, Number of sales 471, Weekly median advertised rent $400

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

Source: CoreLogic

  • Unit Report

If you compare the increase in value of investment property in Broadbeach, 4218 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 5.98%.

Taking the average capital gain, or increase in median house value, Broadbeach,4218 has racked up an average of 5.98% over the period. This ranks it number 1251th in the whole country for real estate investors looking at median house price increases.

Property investors looking for a bargain in Broadbeach should be aiming for at least -6.03% off the asking price, which is the average vendor discount being achieved at the moment.

Often selling an investment property can take time, and in Broadbeach the average time real estate has been on the market is 98.39 days.

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

HOUSE UNIT
N/A $470,000
N/A 2.17%
N/A 5.98%
N/A -0.11%
N/A $400
N/A 471
N/A 4.43%
N/A 98.39

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 4613
Median household income ($/weekly) 1028
Median age of persons 37
Median housing loan repayment ($/monthly) 1746
Average household size 1.8
  • Census Count Percent(%)
    20-24 years 567 12.3
    25-34 years 1130 24.5
    35-44 years 568 12.3
    45-54 years 505 10.9
    55-64 years 563 12.2
    Others 1280 27.7
    Age Group
    Census Count Percent(%)
    Not Married 1807 52.4
    Registered Married 1116 32.4
    Defacto Relationship 524 15.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 2434 61.1
    Indonesia 108 2.7
    Papua New Guinea 439 11.0
    United Kingdom 238 6.0
    Other 247 6.2
    Others 515 12.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 107 2.8
    Christianity 2531 66.0
    Hinduism 67 1.7
    Other Religious Groups 97 2.5
    No Religion 952 24.8
    Others 83 2.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 191 9.9
    $600-$799 220 11.4
    $800-$999 215 11.2
    $1,250-$1,499 189 9.8
    $1,500-$1,999 254 13.2
    Others 857 44.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1525 41.0
    Not in the labour force 1165 31.3
    Employed, worked part-time 722 19.4
    Unemployed, looking for work 181 4.9
    Employed, away from work 126 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 341 14.4
    Professionals 442 18.6
    Technicians & trades workers 319 13.5
    Community & personal service workers 323 13.6
    Sales 318 13.4
    Others 628 26.5
    Occupation
    Census Count Percent(%)
    Infants/Primary 113 18.2
    Secondary 72 11.6
    Technical or Further Educational Institution 118 19.0
    University or other Tertiary Institutions 251 40.5
    Other type of educational institution 57 9.2
    Others 9 1.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 3668 96.5
    Semi-detached, row or terrace house, townhouse 87 2.3
    Separate house 48 1.3
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1196 58.0
    Fully owned 510 24.7
    Being purchased 343 16.6
    Other tenure type 12 0.6
    Tenure Type
Census 2011, ABS
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