Rima Stafford

About Broadbeach

Broadbeach in Queensland, Australia, is a vibrant coastal suburb renowned for its golden beaches, lively atmosphere, and upscale amenities. Boasting a premier shopping and dining precinct at Pacific Fair, it attracts locals and tourists alike with its entertainment options, including the Star Casino and events at the Gold Coast Convention and Exhibition Centre.

Suburb Statistics

* Derived from publicly available listing data over a 12 Month period starting November 01, 2023

Summary

576 Total number of listingsin the past 12 months

House listings6

Unit listings570

Median Days On Marketin the past 12 months

House12

Unit35

Average Sales Pricein the past 12 months

House$590,000

Unit$1,252,846

Demographics

6,786 Total Suburb population

Age Range

5,802 Total Private Dwellings

House:48

Owned Ratio:53.85%

Rented Ratio:50.00%

Unit:5,679

Owned Ratio:47.66%

Rented Ratio:52.15%

Housing Market

House Statistics

Total Sold Properties1

Median Days On Market12

Median Sold Price$590,000

Rental Yield5.50%

Median Sold Price Growth-19.70%

Vacancy Rate0.07%

Auction Clearance Rate0.00%

Unit Statistics

Total Sold Properties338

Median Days On Market35

Median Sold Price$922,500

Rental Yield4.70%

Median Sold Price Growth13.20%

Vacancy Rate1.33%

Listing Count - 12 Months

House

Unit

Filter by:

Market Activity in (Broadbeach), last 12 months

Number of Listings*237* House & Units

Rental Properties*42* During Oct 2024

Sold Properties*339* House & Units

Lifestyle and Amenities

Coastal Paradise:

Broadbeach offers a beachside lifestyle with pristine sandy shores, inviting residents and visitors to enjoy water activities and relaxation by the ocean.

Entertainment Hub:

The suburb features world-class amenities, including the upscale Pacific Fair shopping center, renowned dining options, and entertainment venues like the Star Casino, contributing to a lively and dynamic atmosphere.

Cultural Events:

Broadbeach hosts various cultural and community events, often taking place at the Gold Coast Convention and Exhibition Centre, providing diverse entertainment options and fostering a vibrant local community.

Investment Opportunities

Real Estate Growth:

Broadbeach has witnessed consistent growth in real estate values, making it an attractive investment opportunity. The suburb's proximity to the beach, amenities, and entertainment options contributes to its appeal for property investors.

Tourism and Hospitality:

With its popular attractions like the Star Casino and proximity to Broadbeach's Convention Center, investing in tourism and hospitality businesses can be lucrative, capitalizing on the steady influx of visitors to the area.

Commercial Ventures:

The thriving commercial scene, especially around Pacific Fair, presents opportunities for retail and commercial ventures. The area's popularity ensures a steady flow of potential customers, making it an ideal location for businesses to thrive.

Unique Characteristics

Golden Beaches:

Broadbeach is renowned for its expansive, golden sandy beaches, offering residents and visitors a picturesque coastal experience. The pristine shoreline is a distinctive feature, contributing to the suburb's allure.

Premier Entertainment Hub:

Distinctively, Broadbeach stands out as a premier entertainment destination with attractions like the Star Casino, Pacific Fair shopping center, and the Gold Coast Convention and Exhibition Centre, creating a lively and dynamic atmosphere that sets it apart from other suburbs.