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Broadbeach Waters
AREA REPORTS

Broadbeach Waters

Broadbeach Waters - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4218

house
unit

Property investments in BROADBEACH WATERS fare well against the rest of the country last year, registering a median home price increase of 24.67%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains BROADBEACH WATERS, 4218 saw average growth in the long term.

Real estate investors could earn a rental income of $925 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 64.0 days.

Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $1,425,000.

BROADBEACH WATERS ranks 626th on the list of best yielding suburbs for rental properties in QLD, posting a 3.38% return.

Data report can be found below

Broadbeach Waters
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,425,000 $530,000
GROWTH REPORT
Median Quarterly 4.78% -1.62%
Median 12 month 24.67% 21.84%
Median 3 years 27.92% 15.85%
Median 5 years 35.71% 10.88%
10 years average annual 7.25% 4.32%
Weekly media advert. rent $925 $500
Time on Market 64.0 days 69.0 days
Gross Rental Yield Percent 3.38% 4.91%
demographics (median values)*
Total Population
7379
Weekly Household Income
1087
Household Size
2.40
Age
43
Monthly Loan Repayment
1842
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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