Broadbeach Waters is a mid-sized suburb in Queensland within the Gold Coast local government area (postcode 4218). With a population of 8,164, the suburb has an established demographic with a median age of 43. Households earn a median income of $108K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Broadbeach Waters is $2.1 million, having increased 4.5% over the past year. Units have a median price of $842,000 (+12.3% YoY). The current median weekly rent is $1000. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $2,600.
Public transport access includes 32 bus stops. The crime rate in the Gold Coast LGA is moderate at 5,745 incidents per 100,000 population.
From an investment perspective, Broadbeach Waters offers a gross rental yield of 2.5%, rated as low yield. Property prices are above the state median ($2.1M/$1.1M), placing it in the premium segment. The price-to-income ratio of 19.5x is considered stretched. House prices have moved +4.5% year-on-year.
Broadbeach Waters is a mid-sized suburb in Queensland within the Gold Coast local government area (postcode 4218). With a population of 8,164, the suburb has an established demographic with a median age of 43. Households earn a median income of $108K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Broadbeach Waters is $2.1 million, having increased 4.5% over the past year. Units have a median price of $842,000 (+12.3% YoY). The current median weekly rent is $1000. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $2,600.
Public transport access includes 32 bus stops. The crime rate in the Gold Coast LGA is moderate at 5,745 incidents per 100,000 population.
From an investment perspective, Broadbeach Waters offers a gross rental yield of 2.5%, rated as low yield. Property prices are above the state median ($2.1M/$1.1M), placing it in the premium segment. The price-to-income ratio of 19.5x is considered stretched. House prices have moved +4.5% year-on-year.