BROADBEACH WATERS, on the Gold Coast in Queensland, is a thriving and highly sought-after suburb, known for its luxurious waterfront properties and a lifestyle that combines the vibrancy of urban living with the tranquility of natural surroundings. The housing market in BROADBEACH WATERS is robust, characterized by a mix of high-end apartments, modern homes, and opulent waterfront villas with direct access to the canal system. Over recent years, the suburb has seen a steady appreciation in property values, driven by demand from both local and international buyers seeking high-quality living spaces with leisure and entertainment options at their doorstep. The proximity to the heart of Broadbeach, with its beaches, shopping centers, and dining establishments, further heightens the appeal of properties in this area. Additionally, the ongoing development projects and improvements in infrastructure have positively impacted the real estate market, maintaining its dynamic and competitive nature.
Living in BROADBEACH WATERS offers residents an enviable lifestyle, blending the excitement of coastal city living with the peaceful ambiance of a suburban environment. The area boasts a range of amenities, including parks, schools, and recreational facilities, ensuring that it caters to families, professionals, and retirees alike. The extensive canal system allows for various water activities, such as kayaking, boating, and fishing, right from the backyard for many residents. The social and cultural scene is vibrant, with plenty of cafes, bars, and restaurants, fostering a strong sense of community and a lively nightlife. The Gold Coast's stunning beaches are just a short drive away, providing endless opportunities for relaxation and outdoor activities. With its blend of natural beauty, community spirit, and modern conveniences, living in BROADBEACH WATERS is highly desirable for those looking to experience the quintessential Gold Coast lifestyle.
Median Weekly Rent | $652.28 |
Median Monthly Mortgage | $2407.04 |
Median Persons Per bed houseroom | 0.77 |
Average Household Size | 2.64 |
Average Age | 44.20 |
Average Income | $881.88 |
Average Cars Per Dwelling | 1.90 |
Average Properties Within 50M | 170 |
Typical 1 bed house | $1,623,000 |
Typical 2 bed house | $1,090,000 |
Typical 3 bed house | $1,719,000 |
Typical 4 bed house | $2,142,000 |
Typical 5 bed house | $2,985,000 |
Typical 6 bed+ house | $3,045,000 |
Housing Stock
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Thinking about buying in Broadbeach Waters? Now could not be a better time, with 5451 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,927,000 with prices in this suburb ranging from $401,000 to $29,574,000. Broadbeach Waters is located fairly close to the coast at just 0Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Consistent high demand relative to supply is a key feature in Broadbeach Waters driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Broadbeach Waters due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Broadbeach Waters provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Broadbeach Waters necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Instant Property ValuationSt Vincent's Primary School
Merrimac State High School
Broadbeach State School
Surfers Paradise State School
Merrimac State School
Benowa State School
(While the above schools are located with the suburb of Broadbeach Waters there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Nov | 1.4 | 19.2 | 27.4 | 54.3 | 89.0 | 5.4 | 27.5 |
Dec | 5.6 | 20.9 | 28.4 | 60.5 | 91.9 | 5.5 | 25.3 |
Jan | 5 | 22.0 | 29.2 | 61.1 | 90.6 | 6.1 | 24.6 |
Feb | 8.3 | 21.7 | 29.0 | 63.2 | 90.9 | 6.3 | 21.9 |
Mar | 7.5 | 21.0 | 28.2 | 61.2 | 90.6 | 6.2 | 18.2 |
Apr | 4.3 | 18.2 | 26.4 | 56.5 | 90.6 | 5.5 | 16.7 |
May | 2.1 | 15.0 | 23.5 | 53.8 | 87.4 | 4.7 | 13.8 |
Jun | 2.7 | 12.9 | 21.5 | 52.1 | 87.8 | 4.7 | 11.9 |
Jul | 2.2 | 12.1 | 21.3 | 48.5 | 88.0 | 4.7 | 13.2 |
Aug | 0.5 | 12.2 | 22.9 | 40.2 | 86.1 | 4.4 | 16.4 |
Sept | 0.9 | 14.8 | 24.6 | 45.3 | 85.5 | 5.0 | 21.1 |
Oct | 1.8 | 17.1 | 25.7 | 56.7 | 92.2 | 5.9 | 22.4 |
source: Australian Government Bureau of Meteorology
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