Suburb Profile Report for Clear Island Waters QLD (4226)

Clear Island Waters House: Median price $1,110,000, Annual capital growth 2.88%, Number of sales 64, Weekly median advertised rent $900

Clear Island Waters Unit: Median price $500,000, Annual capital growth 1.31%, Number of sales 40, Weekly median advertised rent $353

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

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

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Clear Island Waters has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -2.63% to date .

Comparing Clear Island Waters,4226 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Clear Island Waters, 4226. Typically our figures indicate that -6.38% is being offered, which puts this QLD suburb at 1388th most discounted overall in Australia.

At number 2443 in a list of fastest selling suburbs, Clear Island Waters is in the bottom 40% of suburbs in Australia with an average of days on market 89.0952 for properties listed there.

Property investors who have had real estate in Clear Island Waters, 4226 should be pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 17.65%

The five-year average increase in median property values for Clear Island Waters,4226 has given property investors a potential capital gain of 19.05% across each of those five years.

Situated 73.09km from the CBD, Clear Island Waters is one of Gold Coast (C) localities in the postcode 4226.

Information supplied by:


April 2019

M
O

W
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Apartment values are up

Postcode: 4226

Median unit price: $440,000

Three-year growth: 5.4%

Rental yield: 5.8%

Lauded for its beautiful waterfront properties, the suburb of Clear Island Waters on the Gold Coast certainly lives up to its moniker. It is a tranquil area that surrounds the manmade Clear Island Lake and Boobegan Creek. Boaters in particular are big fans of this area.

Demand is strong among buyers, as units are off the market in 35 days on average. Prices have also been increasingly steadily since February 2016 – in the February 2019 quarter alone, they were up by 4.1%.

The suburb is bordered by Mermaid Waters, Robina, Merrimac and Carrara, which provide amenities like schooling and shopping. Nonetheless, Clear Island Waters has its own school, St Vincents Catholic Primary School, and golf courses like Surfers Paradise Golf Club. The suburb is especially popular with retirees, and residents can get around via bus.

Metrics i HOUSE UNIT
$1,110,000 $500,000
-2.42% -0.40%
-2.63% 17.65%
2.88% 1.31%
$900 $353
64 40
4.22% 3.67%
89.0952380952381 40.7692307692308

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

DSR Score for property investment : Above average (H), Very good (U)
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Demographics
Total population 3986
Median household income ($/weekly) 1145
Median age of persons 49
Median housing loan repayment ($/monthly) 2058
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 442 11.1
    35-44 years 427 10.7
    45-54 years 619 15.5
    55-64 years 637 16.0
    65-74 years 507 12.7
    Others 1354 34.0
    Age Group
    Census Count Percent(%)
    Registered Married 1709 55.5
    Not Married 1196 38.8
    Defacto Relationship 175 5.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 2257 59.8
    Papua New Guinea 271 7.2
    South Africa 105 2.8
    United Kingdom 322 8.5
    Other 234 6.2
    Others 587 15.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 135 3.7
    Christianity 2814 76.6
    Hinduism 24 0.7
    Judaism 23 0.6
    No Religion 647 17.6
    Others 33 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 146 10.7
    $600-$799 120 8.8
    $800-$999 159 11.6
    $1,500-$1,999 147 10.8
    $2,500-$2,999 113 8.3
    Others 680 49.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1422 43.9
    Employed, worked full-time 975 30.1
    Employed, worked part-time 635 19.6
    Unemployed, looking for work 106 3.3
    Employed, away from work 103 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 286 16.7
    Professionals 354 20.7
    Technicians & trades workers 189 11.0
    Clerical & administrative workers 273 15.9
    Sales 261 15.2
    Others 349 20.4
    Occupation
    Census Count Percent(%)
    Pre-school 33 4.0
    Infants/Primary 279 33.5
    Secondary 250 30.0
    Technical or Further Educational Institution 55 6.6
    University or other Tertiary Institutions 185 22.2
    Others 31 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2657 72.6
    Semi-detached, row or terrace house, townhouse 801 21.9
    Flat, unit or apartment 201 5.5
    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 654 44.2
    Being purchased 417 28.2
    Rented 343 23.2
    Other tenure type 67 4.5
    Tenure Type
Census 2011, ABS
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