Suburb Profile Report for Broadbeach QLD (4218)

Broadbeach Unit: Median price $450,000, Annual capital growth 0.71%, Number of sales 487, Weekly median advertised rent $390

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

Source: CoreLogic

  • Unit Report

Investment property in Broadbeach has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.27%

If we look at median property appreciation over just the last three months, Broadbeach has given property investors a paper return of 2.27%. This puts Suburb as 75 on a list of fastest fasting appreciating suburbs in QLD

The most recent median price for Broadbeach is $450000, with sellers offering an average of -6.19% off the asking price.

With the median price for a house in Broadbeach being $450000 and the advertised rent reaching $390 the gross rental yield for property investors calculates out to be 4.51%

HOUSE UNIT
N/A $450,000
N/A 2.27%
N/A 2.27%
N/A 0.71%
N/A $390
N/A 487
N/A 4.51%
N/A 94.96

Source: CoreLogic

DSR Score for property investment : Very good (H), Above average (U)
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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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