Clear Island Waters is a smaller suburb in Queensland within the Gold Coast local government area (postcode 4226). With a population of 4,395, the suburb has a mature demographic with a median age of 50. Households earn a median income of $84K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Clear Island Waters is $1.9 million, having dipped slightly 2.6% over the past year. Units have a median price of $813,000 (+12.6% YoY). The current median weekly rent is $1100. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $2,167.
Clear Island Waters is served by 1 school, including 1 primary. The average ICSEA score is 1091, which is above the national average of 1,000. Public transport access includes 3 bus stops. The crime rate in the Gold Coast LGA is moderate at 5,745 incidents per 100,000 population.
From an investment perspective, Clear Island Waters offers a gross rental yield of 3.0%, rated as moderate yield. Property prices are above the state median ($1.9M/$1.1M), placing it in the premium segment. The price-to-income ratio of 22.6x is considered stretched. House prices have moved -2.6% year-on-year.
Clear Island Waters is a smaller suburb in Queensland within the Gold Coast local government area (postcode 4226). With a population of 4,395, the suburb has a mature demographic with a median age of 50. Households earn a median income of $84K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Clear Island Waters is $1.9 million, having dipped slightly 2.6% over the past year. Units have a median price of $813,000 (+12.6% YoY). The current median weekly rent is $1100. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $2,167.
Clear Island Waters is served by 1 school, including 1 primary. The average ICSEA score is 1091, which is above the national average of 1,000. Public transport access includes 3 bus stops. The crime rate in the Gold Coast LGA is moderate at 5,745 incidents per 100,000 population.
From an investment perspective, Clear Island Waters offers a gross rental yield of 3.0%, rated as moderate yield. Property prices are above the state median ($1.9M/$1.1M), placing it in the premium segment. The price-to-income ratio of 22.6x is considered stretched. House prices have moved -2.6% year-on-year.