Broadbeach 4218 Property Market

Broadbeach Qld Property Market

Broadbeach is known for its idyllic beaches bordered by lush parks, giving you access to bountiful weekend activities just a stone throw away from your family home. Whether you prefer weekend markets, weekday yoga classes, or fine dining at one of Broadbeach’s local gourmet delis, this little town truly has it all.

Broadbeach is a popular coastal suburb in the City of Gold Coast located just 10 minutes south of Surfers Paradise. With activities and events that suit all ages, Broadbeach offers a serene beach lifestyle that encompasses the best of what Queensland has to offer. It’s no wonder that families of all shapes and sizes are flocking to this dream destination.

Lifestyle

Broadbeach is home to Broadbeach Mall, which is one of the town’s fine dining hubs. The town has everything from bistros to brasseries with plenty of five-star feasts to be savoured!

If the glitz and glamour of late-night living is more up your alley, then the Star Gold Coast is the perfect destination to enjoy a 24-hour casino, sophisticated lounges, and lively bars. Pacific Fair is another town icon that offers more than 400 stores, casual dining, and cinemas.

This coastal town is also rich in culture and history and boasts a number of heritage sites. These include the Seal Sculpture by Len Shillam and the Gold Coast Convention and Exhibition Centre.

Broadbeach attracts crowds on an annual basis thanks to its lively events calendar. The Blues on Broadbeach Music Festival, which is held in May each year, is one of Australia’s largest free blues festivals and is free for all ages.

All in all, this town offers a lot of entertainment options to families, creative souls, and more career-orientated individuals. Whether you enjoy leisurely beach strolls, all-night entertainment, or perusing through high-end stores, Broadbeach has it all.

Geolocation factors

Broadbeach is exactly 18km from the Gold Coast Airport, which means you won’t have to travel very far to catch a flight to your favourite holiday destination. You also won’t have to travel far to gain access to your preferred shopping outlets seeing as Pacific Fair, the second largest shopping centre on the Gold Coast, sits right on your doorstep in Broadbeach Waters.

Another benefit is all the entertainment options available for the kids, especially when it comes to Dreamworld. Dreamworld is Australia’s largest theme park situated on the Gold Coast in Queensland – just 21 km from Broadbeach. 

However, it’s not just fun and games for the kids in Broadbeach. There is also plenty of opportunity for academic achievement at Broadbeach’s public and private schools. There are three state primary schools nearby as well as one private one. The nearest secondary school is Merrimac State High School.

Statistics

The following data (taken from Property Value) gives an overview of the median sale prices in Broadbeach.

Median listing price for houses in the area: $550,000      

Median listing price for units in the area: $525,000

Median rent price per week: $430pw

Median gross yield: 4.3%

Broadbeach is home to a population of 5,512 people, with 34.15% of occupants renting their accommodation. Houses have a median asking price of $550,000. The listing price has gone down by 16.67% over the past year.

The median rent paid by Broadbeach occupants is $430 per week with the median rental yield being 4.86%. It’s estimated that households pay between $1,400 – $1,799 per month on mortgage repayments.

Demographics of the area

In 2011, Broadbeach’s population totalled 4,613 people and, by 2016, the population grew to 5,512 people. This indicates a population growth trajectory of 19.5% in the area at that time.

Although Broadbeach is home to a variety of people, the predominant age group in this coastal town falls between 20-29 years. Households also primarily consist of childless couples.

In 2011, 40.2% of the homes in Broadbeach were owner-occupied compared with 40.6% in 2016.

Buyers Advocate Broadbeach

Broadbeach Buyers Agent

If you are looking forward to settling down in this coastal paradise, Savvy Fox can help you in securing prime Broadbeach real estate.

Finding a Broadbeach buyers agent that truly knows the ins and outs of the property market in this serene environment can be a challenge. However, at Savvy Fox, we are skilled at locating what you are looking for at a price that fits your budget. So, need an experienced Buyers Advocate Broadbeach, give us a call.

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