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Biggera Waters suburb profile

Biggera Waters is a picturesque suburb located on the northern end of the Gold Coast, known for its stunning waterfront views and relaxed coastal lifestyle. Situated along the Broadwater, it offers residents and visitors access to beautiful parks, sandy beaches, and a variety of water-based activities. The suburb features a mix of residential options, from modern apartments to spacious family homes, catering to diverse lifestyles. With its proximity to major shopping centers, dining options, and recreational facilities, Biggera Waters provides a convenient yet serene living environment. Its natural beauty and growing amenities make it an attractive destination for families and retirees alike.

Biggera Waters property market performance

Current median dwelling price$940,250Past 3 months

Property growth+5.6%Past 12 months

Biggera Waters has experienced robust growth in its property market over the past 12 months, with both house and unit values increasing significantly. House values have risen by 14.3%, bringing the median house price to approximately $1.22 million, while unit values have increased by 14.4%, with the median unit price reaching around $856,500.

Sales activity has been active, with 16 houses and 48 units sold in the past three months. Properties are moving relatively quickly, with houses spending a median of 32 days on the market and units just 28 days, indicating strong demand across both sectors.

In the rental market, Biggera Waters has seen a moderate increase in house rents by 1.3%, with the average rent reaching $800. Unit rents have experienced a more substantial rise of 7.1%, with the average rent now at $750, reflecting a growing demand for rental units in the area.

HousesUnits
Median price
Past 3 months
$1.03M$851K
Change in value
Past 12 months
-3.3%14.4%
Sold
Past 3 months
1542
Median days on market
Past 12 months
3129
Average rent
Past 12 months
$800$750
Change in rent
Past 12 months
2.2%7.1%

5 year median price trend for houses and units

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Biggera Waters demographics

Biggera Waters, located on the Gold Coast in Queensland, is a suburb known for its scenic waterfront views and relaxed coastal lifestyle. With a population of 9,973, it offers a tranquil environment that appeals to both families and retirees. The median age of 44 suggests a mature community, with many residents enjoying the suburb's peaceful atmosphere and proximity to the Broadwater and its recreational opportunities.

The suburb's housing landscape is diverse, with a significant portion of properties being rented, accounting for 48.3% of the housing market. This high rental rate indicates a demand for flexible living arrangements, attracting both short-term residents and those seeking a coastal lifestyle without the commitment of home ownership. Meanwhile, 26.9% of properties are owned outright, reflecting a stable base of long-term residents who have settled in the area.

Family dynamics in Biggera Waters are varied, with couple families without children making up 47.8% of the family households, followed by couple families with children at 28.8%. One-parent families also form a notable part of the community, comprising 20.9% of families. This mix of family types contributes to a diverse and inclusive community atmosphere. The suburb's median total household income of $1,314 per week aligns with its appeal as a comfortable and affordable place to live, offering a balance of leisure and convenience for its residents.

Biggera Waters infrastructure, key developments and investment opportunities

Biggera Waters continues to benefit from its proximity to the Broadwater and the established Harbour Town outlet precinct, which remains a major retail and employment hub drawing visitors and sustaining strong local amenity. The suburb’s location along the Gold Coast Highway provides convenient access to nearby commercial centres and attractions, supporting buyer demand from both investors and owner-occupiers looking for lifestyle-oriented property options.[3]

There are currently no widely reported new transport links, school projects, or major infrastructure redevelopments specific to Biggera Waters beyond ongoing incremental upgrades typical of the broader Gold Coast region.[4] As a result, recent movements in the local property market are being driven more by its coastal lifestyle, shopping and employment access, and the ripple effects of price growth in neighbouring suburbs rather than by any single transformative project.[3]

Biggera Waters rental market trends

The rental market in Biggera Waters has experienced moderate growth, with house rents increasing by 1.3% over the past year to $800 per week, while unit rents have seen a more significant rise of 7.1% to $750 per week. This coastal suburb continues to attract renters and investors alike, offering a desirable lifestyle with its proximity to the water and local amenities.

Suburbs near Biggera Waters

Some popular suburbs near Biggera Waters include:

How does Biggera Waters compare to nearby suburbs?

  • Median house prices: Biggera Waters’s median house price is 4.0% higher than Labrador’s.
  • Median unit prices: Biggera Waters’s median unit price is 4.0% higher than Labrador’s.
  • House price growth: Property prices in nearby Labrador have risen 21.9% more than in Biggera Waters over the past year.
  • Unit price growth: Over the past 12 months, unit prices in Biggera Waters have grown 5.2% higher than in Runaway Bay.
  • Selling speed for houses: Properties in Biggera Waters are selling 13.9% faster than in Runaway Bay.
  • Selling speed for units: Properties in Biggera Waters are selling 9.4% faster than in Runaway Bay.

Common questions about Biggera Waters

  • Is Biggera Waters a nice place to live?

    Biggera Waters is a delightful suburb that offers a serene and picturesque living environment, making it a wonderful place to call home. Nestled on the northern end of the Gold Coast, this charming suburb is renowned for its stunning waterfront views and relaxed coastal vibe. The area is perfect for those who appreciate a laid-back lifestyle with easy access to the natural beauty of the Broadwater and its sandy beaches. Families will find Biggera Waters particularly appealing, as it provides a safe and welcoming community atmosphere, with a variety of residential options ranging from modern apartments to spacious family homes.

    The suburb's proximity to major shopping centers, dining options, and recreational facilities ensures that residents have everything they need within easy reach. Harbour Town, a major retail and employment hub, is a notable highlight, offering a plethora of shopping and dining experiences. While Biggera Waters may not boast the nightlife of more urban areas, it compensates with its tranquil environment and the opportunity for outdoor activities, such as boating and fishing, which are popular pastimes among locals.

    Safety is generally not a concern in Biggera Waters, contributing to its appeal for families and retirees alike. However, one trade-off of living in this coastal paradise is the potential for higher property prices, driven by its desirable location and lifestyle offerings. Additionally, while the suburb enjoys good connectivity via the Gold Coast Highway, residents may find the lack of new transport links or major infrastructure projects a limitation if they frequently travel beyond the immediate area.

    Overall, Biggera Waters is a fantastic choice for those seeking a peaceful coastal lifestyle with the convenience of nearby amenities. Its diverse community, coupled with the natural beauty of the area, makes it a unique and attractive place to live for families and individuals looking to enjoy the best of the Gold Coast.

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  • Is it expensive to live in Biggera Waters?

    Living in Biggera Waters can be considered expensive, especially when compared to the average earnings in Queensland. The current median house price in Biggera Waters is approximately $1,219,500, while units are priced at a median of $856,500. These prices are significant, particularly when you consider the Queensland state average wage of around $90,000 per year.

    For those looking to rent, the average rent for houses is about $800 per week, and for units, it's around $750 per week. When you factor in the median total household income in Biggera Waters, which is $1,314 per week, a large portion of income would be allocated to housing costs, whether buying or renting.

    Overall, while Biggera Waters offers a desirable lifestyle with its coastal location and amenities, the cost of living, particularly in terms of housing, is on the higher side. If you are thinking of living in Biggera Waters, it's essential to evaluate your financial situation to ensure it aligns with the expenses associated with residing in this suburb.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Biggera Waters a good place to invest?

    Biggera Waters is showing promising signs as a solid investment suburb, especially with its impressive growth in property values over the past year. Both houses and units have seen a significant increase in median values, with houses rising by 14.3% and units by 14.4%. This indicates a strong demand for properties in the area, which is a positive signal for potential investors looking for capital growth.

    In terms of rental returns, Biggera Waters presents a mixed picture. While the rental growth for houses has been modest at 1.3%, units have experienced a more robust increase of 7.1%. This suggests that units might currently offer better rental yields, making them an attractive option for investors focused on generating rental income. The suburb's coastal location and lifestyle appeal likely contribute to its desirability among renters, particularly for units.

    Overall, Biggera Waters offers a compelling investment opportunity with its strong property value growth and potential for good rental returns, especially in the unit market. Its coastal charm and proximity to amenities make it a desirable place to live, which should continue to drive demand and support property values in the future.

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Choose the right real estate agents in Biggera Waters

Choosing the right real estate agent in Biggera Waters can have a big impact on your sale. While there are 165 real estate agents working in the suburb, but just 5 of them were responsible for 21.8% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 2% to 2.94%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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