Property value increases in Broadbeach have tracked higher than the QLD average of 0.74% over the last 12 months.
If we look at median property appreciation over just the last three months, Broadbeach has given property investors a paper return of 5.00%. This puts Suburb as 48 on a list of fastest fasting appreciating suburbs in QLD
Property investors looking for a bargain in Broadbeach should be aiming for at least -5.84% off the asking price, which is the average vendor discount being achieved at the moment.
A $400 per week rent on the median house gives suburb investors a gross yield of circa 3.96%, without taking into account capital value appreciation, which has been averaging out at -0.17%.