Suburb Profile Report for Broadbeach Waters QLD (4218)

Broadbeach Waters House: Median price $1,151,500, Annual capital growth 3.58%, Number of sales 205, Weekly median advertised rent $750

Broadbeach Waters Unit: Median price $435,000, Annual capital growth 0.66%, Number of sales 49, Weekly median advertised rent $510

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Broadbeach Waters, 4218 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -1.45%.

The five-year average increase in median property values for Broadbeach Waters,4218 has given property investors a potential capital gain of 37.90% across each of those five years.

At number 304th of QLD’s most discounted properties, Broadbeach Waters is in the middle of the state/territory when listing in order of most discounted to least.

Broadbeach Waters is 699th on a list of best yielding suburbs for rents in QLD with a 3.39% return

With a capital gain of -17.14% for the last 12 months, Broadbeach Waters, 4218 has performed for property investments than its average annual 0.66% property growth over the last 5 years.

Broadbeach Waters,4218 was ranked 1219 in Australia by increase in median property value over the quarter.

Broadbeach Waters, 4218 is offering QLD ‘s 27th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this QLD.

Metrics i HOUSE UNIT
$1,151,500 $435,000
-4.04% -1.14%
-1.45% -17.14%
3.58% 0.66%
$750 $510
205 49
3.39% 6.10%
76.6666666666667 107.756756756757

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

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