Miami

POSTAL CODE: QLD, 4220

HOUSE

UNIT

MIAMI ranks 940th in QLD when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of -4.16% for the past year is lower than average compared to its 77.95% growth within a five-year period.

Also in MIAMI, the median home price is sitting at $1,521,500, and the average rent at $910, this suggests property owners could potentially earn a 3.11% increase in gross rental yield.

Property investors have seen a 1.43% gain in MIAMI based on an increase in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 10.09% growth over a ten-year period. It ranks 4431st on our list of suburbs that property investors should look into.

A steady increase in median property prices over a five-year period in MIAMI, 4220 translates to a 37.58% capital gain.

MIAMI, 4220 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,025,000.

Augmented property values in MIAMI are trailing behind the QLD average of 15.72% for the past year.

Real estate investors could earn a rental income of $857.5 based on current median home prices for the suburb.

Home owners selling their properties and realtors in MIAMI usually have to wait an average of 40.4 days days before their assets are lifted off the market.

MIAMI ranks 203rd on the list of best yielding suburbs for rental properties in QLD, posting a 4.35% return.

MIAMI, 4220 places 183rd in Australia based on median property value growth during the quarter.

Surburb overview

Miami is a coastal suburb on Queensland’s Gold Coast, approximately 9 kilometres south of Surfers Paradise and around 88 kilometres southeast of Brisbane. Known for its relaxed beachside lifestyle, Miami offers residential, commercial, and recreational spaces.

Miami's population comprises a diverse mix of young professionals, families, and retirees. Housing in the suburb includes beachfront apartments, renovated Queenslanders, and modern duplexes. Many properties enjoy ocean views or proximity to the beach, contributing to Miami’s growing appeal as a residential destination.

Public transport in Miami is serviced by TransLink bus routes connecting the suburb to Broadbeach, Burleigh Heads, and other key locations along the Gold Coast. The Gold Coast Highway runs through the suburb, providing convenient access to surrounding areas. The Pacific Motorway is a short drive west, linking Miami to Brisbane and northern New South Wales.

Miami offers a range of essential amenities, including the Miami One Shopping Centre, which features supermarkets, retail stores, and dining options. The suburb is also home to local markets, boutique cafes, and popular eateries along the Gold Coast Highway. Educational facilities include Miami State School and Miami State High School, catering to primary and secondary students.

Recreational opportunities are plentiful, with Miami Beach providing a popular spot for swimming and surfing. Burleigh Golf Club, located within the suburb, offers an 18-hole course for golf enthusiasts. Pizzey Park, a major sporting complex, features athletics, tennis, and skateboarding facilities. The Miami Marketta, a vibrant night market, showcases street food, live music, and artisan stalls.

With its blend of coastal charm, community atmosphere, and accessibility to major amenities, Miami continues to be a desirable suburb for those seeking a balance between beachside living and urban convenience.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,521,500	$1,025,000
Growth Report
Median Quarterly	1.43%	4.06%
Median 12 month	-4.16%	11.41%
Median 3 years	10.98%	37.58%
Median 5 years	77.95%	102.97%
10 years average annual	10.09%	10.26%
Weekly media advert. rent	$910	$858
Time on Market	49.8 days	40.4 days
Gross Rental Yield Percent	3.11%	4.35%

Demographics (Median Values)*

Total Population 6171

Weekly Household Income 890.1

Household Size 2.20

Average Age 36

Monthly Loan Repayment 1491

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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