Miami Property Market

Miami Beach Qld Property Market

Miami Suburb Profile

Immediately north of Burleigh Heads, you will find the bustling suburb of Miami on the Gold Coast of Australia. This town was named after the Miami Hotel which was built in the suburb in 1925.

The Miami suburb profile shows Miami has come a long way since the 1920s, with cottages initially being fitted with timber and fibro with the foreshore being mostly wetlands. Now, Miami Queensland properties are a sight to behold, with panoramic views of the beach and a lively café culture that is hard to resist.

Apart from all the exciting activities that the beach has to offer, Miami is also known for its Gold Coast Burleigh Golf Club with the adjoining Pizzey Park. Both locals and vacationers alike can try their hand at golf and then enjoy some of the splendour that the walking trails and lake have to offer. If you are a fan of swimming, you can also join any of the three local swimming clubs.

All in all, Miami is an amazing place that offers plenty of activities for both young and old. Whether you want to lounge near the pristine beach, indulge in the street food markets, or take a look at some of the night time art on offer, there has never been a better time to invest in Miami QLD real estate.

Miami Lifestyle

Miami - Lifestyle

Miami Beach welcomes up to 50,000 visitors on an annual basis, which mostly consists of locals who live nearby. Roughly 50% of visitors visit Miami to enjoy the beach’s wide range of amenities, rather than to dip their toes in the water.

The beach’s neighbouring parklands contain playgrounds, beach showers, barbeques and so much more, which makes it the perfect hangout for the entire family. There is also a bike parking lot located at the Miami Surf Life Saving Club, which makes it easy to park near to all of the fun activities that you wish to enjoy.

Compared to nearby coastal towns, Miami is a bit more secluded while hosting a caravan park and a tennis court. The town also sports a strip of beach bungalows – giving Miami a retro vibe and making it a popular choice for vacationers year-round.

Miami Marketta, the town’s street food market comes alive three times a week, which allows you to sample food from all over the world.

Miami Geolocation Factors

Miami is located just 7 kilometres south of Surfers Paradise and 17 kilometres north of the Queensland border. Travelling is made easy with the nearest train station located in Robina just 6 kilometres west of Miami. The Gold Coast Airport is 13 kilometres south of Miami.

The area is home to a wide range of educational institutions, which makes it the perfect location to raise a family. Miami State School and Miami State High School are just two of the options available to you if you decide to call Miami your home.

The Miami Property Market

Miami, 4220 – *Real Estate Statistics

Miami Property Market

The following data from the 2021 Census gives an overview of the median sale pricefor Miami Queensland properties.

Houses

  • Median sale price in the area: $1.4m
  • Median price change (1yr): 3.44%
  • Median rent: $950 pw
  • Median gross yield: 3.5%

Units

  • Median sale price in the area: $848k
  • Median price change (1yr): 13%
  • Median rent: $750pw
  • Median gross yield: 4.6%

*Data Disclaimer: At Savvy Fox we update the data found on these posts regularly, however we understand the real estate industry is dynamic.  Therefore, it’s subject to change. Use these figures as a general guide only. We will happily discuss the latest changes to the local property market on your FREE 30-minute strategy call.

Miami Demographics

From the 2021 census data, Miami’s population totalled 7,445 people, which showed a population growth of 7.1% compared to 2011. People living in Miami are predominantly between 30-39 years old with households likely to be repaying around $2,000 per month on mortgage repayments.

The home owner-occupation rate increased slightly from 2011 to 2021 with 57.7% of Miami homes being owned, while 39.3% of properties are rented.

Schools in Miami

Miami State High School
2137-2205 Gold Coast Highway, Miami QLD, 4220
Government | Secondary | Coed | Non-Denominational

Miami State School
18-36 Oceanic Drive, Mermaid Waters QLD, 4218
Government | Primary | Coed | Non-Denominational

More Info On Schools In The Area . . .

For a wider range of schools in neighbouring suburbs, see our articles of interest:  ‘Best Primary Schools on the Gold Coast’ and ‘Best High Schools on the Gold Coast’

 

Other Suburbs to Consider . . .

Buyers Advocate Miami

Miami real estate is truly an investor’s dream. With the feel of the suburb drawing in tourists on a daily basis, you cannot go wrong by investing in some beachside property. If you would like to speak to a knowledgeable Miami buyers agent and how much does a buyer’s agent cost, then Savvy Fox is here to help you out!

With years of experience in buying and selling property, Savvy Fox is the perfect choice for serious buyers that need a bit of help finding their dream property. Don’t delay in finding your perfect holiday home, call Savvy Fox today

About the author of this post...

Picture of Jacqueline Dwyer
Jacqueline Dwyer
Jacqueline is a respected and award-winning Real Estate Buyers Agent, Registered Property Valuer and Auctioneer. She heads up Savvy Fox property group a team of property professionals who work exclusively for you, the buyer.

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