Broadbeach Waters is an average performer in QLD when comparing median price capital growth over the last year. Broadbeach Waters gave property investors a average capital gain figure when compared to the rest of the state, with -0.36%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Broadbeach Waters has increased when compared to the 5 year average annual rate.
Property buyers and investors in Broadbeach Waters 4218 should be seeing an average reduction in asking price of around -9.19% . This means that Broadbeach Waters is holding prices well when compared to other suburbs in QLD.
With the median price for a house in Broadbeach Waters being $1100000 and the advertised rent reaching $760 the gross rental yield for property investors calculates out to be 3.59%
QLD has seen average median house prices change by -0.57% which means that Broadbeach Waters, 4218 has not done well for property investors by showing a capital gain of 6.45% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Broadbeach Waters comes in at number 106th in QLD.
Vendor discounting in Broadbeach Waters is giving property investors an average Vendor Discount of around -7.84%. This puts suburb at number 42th in QLD when ranking the most discounted suburbs.
In the last year 51 properties changed hands in Broadbeach Waters, which puts it as the 115th most active market in QLD when comparing the number of sales per suburb.
With the median price for a house in Broadbeach Waters being $495000 and the advertised rent reaching $500 the gross rental yield for property investors calculates out to be 5.25%