Broadbeach Waters

POSTAL CODE: QLD, 4218
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Property investments in BROADBEACH WATERS fare well against the rest of the country last year, registering a median home price increase of 11.36%.

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 $1300 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 73 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 $2,450,000.

BROADBEACH WATERS ranks 649th on the list of best yielding suburbs for rental properties in QLD, posting a 2.76% return.

Surburb overview

Broadbeach Waters is a suburb on the Gold Coast, Queensland. It is approximately 3.8 kilometres south of Surfers Paradise and about 82.1 kilometres southeast of Brisbane CBD. As of the 2016 census, Broadbeach Waters had a population of 7,783, with a predominant age group of 40-49.

Public transport services in Broadbeach Waters include TransLink bus routes connecting the suburb to surrounding areas. The Gold Coast Light Rail system provides additional connectivity with the nearest station in Broadbeach. Major roadways such as the Gold Coast Highway and Pacific Motorway are easily accessible for those commuting by car.

Broadbeach Waters offers a range of essential establishments. The suburb is home to the Pacific Fair Shopping Centre, one of the largest shopping centres in Queensland, featuring over 400 specialty stores, department stores, supermarkets, and dining options. While there are no schools within Broadbeach Waters, nearby educational institutions include Broadbeach State School in Broadbeach and Merrimac State High School in Mermaid Waters.

Broadbeach Waters offers abundant recreational activities. The suburb's extensive canal system provides boating, fishing, and water sports opportunities. Several parks in the area, including Albert Recreational Park and Moana Park, offer green spaces for picnics and outdoor activities. Additionally, the nearby beaches of Broadbeach are popular for swimming and surfing.

With its waterfront lifestyle, proximity to shopping and dining options, and access to recreational facilities, Broadbeach Waters continues to be a sought-after suburb on the Gold Coast.

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