Main Beach QLD

Postcode 4217 · Gold Coast LGA

Main Beach is a smaller suburb in Queensland within the Gold Coast local government area (postcode 4217). With a population of 3,998, the suburb has an older demographic with a median age of 57. Households earn a median income of $87K per year, with an average household size of 1.9 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.

The median house price in Main Beach is $2.6 million, having increased 3% over the past year. Units have a median price of $1.4 million (+26.1% YoY). The current median weekly rent is $870. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $2,091.

Public transport access includes 17 bus stops. The crime rate in the Gold Coast LGA is moderate at 5,745 incidents per 100,000 population.

From an investment perspective, Main Beach offers a gross rental yield of 1.8%, rated as low yield. Property prices are above the state median ($2.6M/$1.1M), placing it in the premium segment. The price-to-income ratio of 29.4x is considered stretched. House prices have moved +3.0% year-on-year.

INVESTMENT SIGNALS
Rental Yield1.8% Low Yield
Price vs State$2.6M/$1.1M Above Median
Affordability29.4x Stretched
Price Momentum+3.0% Stable
INCOME (ATO 2022-23)
Median Income$52,612
Mean Income$88,751
Earners3,152
YoY Change+2.5%
SEIFA INDEX (ABS)
Advantage8/10
Education9/10
Economic3/10
Disadvantage9/10
MEDIAN HOUSE
$2.6M
3% YoY
MEDIAN UNIT
$1.4M
26.1% YoY
MEDIAN RENT /WK
$500
POPULATION
3,998
DEMOGRAPHICS
Median Age57
Household Size1.9
HH Income /wk$1,682
Personal Income /wk$938
Mortgage /mth$2,091
CRIME (Gold Coast LGA)
Crime Rate (per 100k)5,745
Total Incidents5,745
TRANSPORT
Bus Stops17
Data: 2022