Biggera Waters suburb profile
Biggera Waters is a picturesque suburb located on the northern Gold Coast, known for its stunning waterfront views and relaxed coastal lifestyle. Situated along the Broadwater, it offers residents a range of recreational activities, including boating, fishing, and watersports. The suburb features a mix of modern apartments and traditional homes, catering to a diverse community of families, retirees, and professionals. With its proximity to Harbour Town Shopping Centre, local cafes, and parks, Biggera Waters provides a convenient yet serene living environment. Its blend of natural beauty and urban amenities makes it a sought-after destination for those seeking a balanced lifestyle.
Biggera Waters property market performance
Biggera Waters has experienced a stable property market over the past 12 months, with house values remaining unchanged, maintaining a median price of $955,000. In contrast, unit values have seen a significant increase of 14.3%, bringing the median unit price to $700,000. This indicates a growing demand for units in the area.
Sales activity has been more robust in the unit market, with 59 units sold compared to 16 houses over the last three months. Both houses and units are selling relatively quickly, with median days on market at 28 and 24 days, respectively, suggesting strong buyer interest.
The rental market in Biggera Waters has shown varied trends, with house rents remaining stable at an average of $750, while unit rents have increased by 6.2% to an average of $690, reflecting a heightened demand for rental units.
Median price - houses$955KPast 3 months
Median price - units$700KPast 3 months
Change in value - houses-10.2%12 months
Change in value - units14.3%12 months
Houses sold16Past 3 months
Units sold59Past 3 months
Median DOM - houses28Past 12 months
Median DOM - units23.5Past 12 months
Average rent - houses$750Past 12 months
Average rent - units$690Past 12 months
Change in rent - housesN/APast 12 months
Change in rent - units6.2%Past 12 months
Biggera Waters demographics
Biggera Waters, located on the Gold Coast in Queensland, is a suburb known for its relaxed coastal lifestyle and proximity to both the Broadwater and the bustling amenities of the Gold Coast. With a population of 9,973, the suburb offers a blend of residential tranquility and easy access to vibrant shopping and dining options. The median age of 44 suggests a mature community, with many residents likely enjoying the area's natural beauty and recreational opportunities.
The suburb's housing landscape is diverse, with nearly half of the properties being rented, indicating a flexible living environment that appeals to both long-term residents and newcomers. The presence of 26.9% of homes owned outright reflects a stable base of homeowners, while 24.8% of properties are owned with a mortgage, showcasing a mix of established families and those investing in the area. The community is predominantly made up of couple families without children, accounting for 47.8% of the population, followed by couple families with children at 28.8% and one-parent families at 20.9%.
Biggera Waters offers a balanced lifestyle with its scenic waterfront parks, shopping centers like Harbour Town, and easy access to the Gold Coast's famous beaches. The suburb's median household income of $1,314 per week reflects a comfortable standard of living, making it an attractive option for families, retirees, and professionals seeking a coastal haven with urban conveniences.
Biggera Waters infrastructure, key developments and investment opportunities
Biggera Waters is experiencing ongoing development that could boost its property market appeal. The expansion of Harbour Town shopping precinct continues to attract new retail and dining options, enhancing local amenities. Recent upgrades to the Broadwater Parklands have improved recreational spaces along the waterfront, increasing the area's livability factor.
Infrastructure improvements include planned upgrades to public transport connections and road networks, aimed at easing traffic congestion and improving accessibility. The suburb's proximity to major Gold Coast attractions and its waterfront location continue to drive demand, particularly among investors and young families. While no major new residential developments are currently underway, ongoing renovations of older properties suggest sustained interest in the area's real estate market.
Biggera Waters rental market trends
The rental market in Biggera Waters has shown stability, with house rents remaining unchanged at $750 per week over the past year. Meanwhile, unit rents have experienced a moderate increase of 6.2%, reaching $690 per week. This suburb continues to attract interest due to its coastal lifestyle and proximity to key amenities, making it a desirable location for renters and investors alike.
Suburbs near Biggera Waters
Some popular suburbs near Biggera Waters include: