Location Spotlight | Broadbeach Waters

When it comes to Gold Coast real estate, there a few locations capable of offering more than Broadbeach Waters QLD 4220. Situated in the middle of the Gold Coast’s 60 kilometre stretch of coastline, Broadbeach Waters encapsulates the idyllic Gold Coast lifestyle with boating, beach, bars and boutiques all within a short distance, along with a range of other sought-after facilities.

Demographic Profile

Established couples and families (45-54) are 17.5%, followed by older couples and families (55-64) at 16.7% and elderly couples (65+) at 11.4%. The suburb has a 75%-25% home-owner to renter ratio. It has around 8,000 residents, with a median age of 42. The median household weekly income is $1,250, and the average household size is 2.5 persons.

Real Estate Value

To begin with, Broadbeach Waters has a median house price of $1,218,000, while units have a median price of $472,875. Additionally, the suburb has a median weekly rent of $743. Over the past decade, Broadbeach Waters houses have delivered an average yearly capital gain of 3.51%. However, in the past year, the suburb has had a gain of 2.76%, which is comparable to the rest of Queensland. Comparatively, unit prices have slightly dropped compared to the broader Queensland median price. In the last ten years, Broadbeach Waters units have shown an average yearly capital gain of 0.46%, with a median price reduction of -10.61% in the past year.

Property Demand

Realestate.com lists Broadbeach Waters as a ‘high demand market’, with each listed property receiving an average of 1,085 webpage visits, compared to 577 webpage visits for properties throughout the rest of Queensland. There have been 186 properties sold in the past twelve months. The average listing period for houses is 91 days, and 115 days for units. The average price discount for all properties was -6.78%.

Suburb Layout

Covering an area of approximately 5.3 square kilometres, Broadbeach Waters is home to 21 parks that cover around 6.9% of its total area. It’s bordered with Bundall to the north, Carrara to the west, Broadbeach to the east and both Mermaid Waters and Clear Island Waters to the south. Moreover, it is situated 78 kilometres from Brisbane CBD, 7 kilometres from Southport, 26 kilometres from Coolangatta, and 90 kilometres from Byron Bay.

Facilities and Attractions

The vast majority of properties in Broadbeach Waters hold prime waterfront locations, with the sprawling canal system providing close access to the Nerang River.

Nearby Broadbeach offers plenty of sand, sun and surf, as well as some of the Gold Coast’s most loved bars, restaurants, shopping, and nightlife, including The Star casino. Additionally, Pacific Fair and the Oasis cater to all shopping needs. Furthermore, Broadbeach Waters is close to a range of both state and private schools, parks, and sporting facilities. It’s conveniently located 9 kilometers from Robina Railway Station, and only a short distance from Broadbeach North and South light rail hubs. Plus, it enjoys easy access to both Southport-Burleigh Road and the Gold Coast Highway, ensuring fast connections when driving north and south.

Final Thought

Broadbeach Waters continues to be one of the Gold Coast’s most exclusive and in-demand locations due to its proximity to waterways, beaches, entertainment, retail and schools. Demand for property in the area will likely remain strong.

For Sale
10 Lotus Key, Broadbeach Waters QLD 4220

Recently Sold
19 River Crescent, Broadbeach Waters QLD 4220
3 Rio Vista Boulevard, Broadbeach Waters QLD 4220
2/11 Beverley Crescent, Broadbeach Waters QLD 4220
9 Rebecca Court, Broadbeach Waters QLD 4220

Data Sources
Realestate.com.au
Domain.com.au
Propertyvalue.com.au
Yourinvestmentpropertymag.com.au