Benowa is a mid-sized suburb in Queensland within the Gold Coast local government area (postcode 4217). With a population of 9,889, the suburb has an established demographic with a median age of 44. Households earn a median income of $100K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Benowa is $1.8 million, having surged 20% over the past year. Units have a median price of $870,000 (-4.9% YoY). The current median weekly rent is $1050. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $2,167.
Benowa is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 1075, which is above the national average of 1,000. Public transport access includes 17 bus stops. Healthcare facilities include 2 private hospitals. The crime rate in the Gold Coast LGA is moderate at 5,745 incidents per 100,000 population.
From an investment perspective, Benowa offers a gross rental yield of 3.0%, rated as moderate yield. Property prices are above the state median ($1.8M/$1.1M), placing it in the premium segment. The price-to-income ratio of 18.0x is considered stretched. House prices have moved +20.0% year-on-year.
Benowa is a mid-sized suburb in Queensland within the Gold Coast local government area (postcode 4217). With a population of 9,889, the suburb has an established demographic with a median age of 44. Households earn a median income of $100K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Benowa is $1.8 million, having surged 20% over the past year. Units have a median price of $870,000 (-4.9% YoY). The current median weekly rent is $1050. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $2,167.
Benowa is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 1075, which is above the national average of 1,000. Public transport access includes 17 bus stops. Healthcare facilities include 2 private hospitals. The crime rate in the Gold Coast LGA is moderate at 5,745 incidents per 100,000 population.
From an investment perspective, Benowa offers a gross rental yield of 3.0%, rated as moderate yield. Property prices are above the state median ($1.8M/$1.1M), placing it in the premium segment. The price-to-income ratio of 18.0x is considered stretched. House prices have moved +20.0% year-on-year.