Biggera Waters is a mid-sized suburb in Queensland within the Gold Coast local government area (postcode 4216). With a population of 9,973, the suburb has an established demographic with a median age of 44. Households earn a median income of $68K per year, with an average household size of 2.1 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Biggera Waters is $1.3 million, having surged 23.8% over the past year. Units have a median price of $635,000 (+12.4% YoY). The current median weekly rent is $730. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,699.
Biggera Waters is served by 1 school, including 1 primary. The average ICSEA score is 1030, which is around the national average of 1,000. Public transport access includes 21 bus stops. The crime rate in the Gold Coast LGA is moderate at 5,745 incidents per 100,000 population.
From an investment perspective, Biggera Waters offers a gross rental yield of 2.9%, rated as low yield. Property prices are near the state median ($1.3M/$1.1M). The price-to-income ratio of 19.0x is considered stretched. House prices have moved +23.8% year-on-year.
Biggera Waters is a mid-sized suburb in Queensland within the Gold Coast local government area (postcode 4216). With a population of 9,973, the suburb has an established demographic with a median age of 44. Households earn a median income of $68K per year, with an average household size of 2.1 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Biggera Waters is $1.3 million, having surged 23.8% over the past year. Units have a median price of $635,000 (+12.4% YoY). The current median weekly rent is $730. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,699.
Biggera Waters is served by 1 school, including 1 primary. The average ICSEA score is 1030, which is around the national average of 1,000. Public transport access includes 21 bus stops. The crime rate in the Gold Coast LGA is moderate at 5,745 incidents per 100,000 population.
From an investment perspective, Biggera Waters offers a gross rental yield of 2.9%, rated as low yield. Property prices are near the state median ($1.3M/$1.1M). The price-to-income ratio of 19.0x is considered stretched. House prices have moved +23.8% year-on-year.