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Broadbeach Waters suburb profile

Broadbeach Waters is a residential canal suburb on the Gold Coast defined by its network of man-made waterways, waterfront blocks and leafy streets fronting quiet canals. The area favours larger single-family homes and contemporary architect-designed residences with private moorings, attracting boat owners, families and professionals who want a relaxed, water-oriented lifestyle. Despite the suburban calm, residents are within easy reach of Broadbeach's shopping and dining precinct, Pacific Fair and the beach, with public transport and main roads nearby for commuting. Parks, local shops and a generally low-key, coastal atmosphere give the suburb a settled, liveable character.

Broadbeach Waters property market performance

Current median dwelling price$1,840,278Past 3 months

Property growth+15.2%Past 12 months

Broadbeach Waters has relatively few unit sales, so there isn't enough recent data to publish a reliable median unit price. On the house side, the median house price is $2.48 million, up sharply, 15.8% over the last 12 months. Unit values also rose sharply, up 14.6% over the same period, moving at a similar pace to houses.

Over the last 3 months there were 36 house sales and 5 unit sales. Over the last 12 months houses sold in a median of 45 days while units sold in 22 days, so units sold faster than houses.

The rental market in Broadbeach Waters had house rents averaging $1,500 a week, up sharply, 11.1% over the last 12 months. Unit rents averaged $778 a week and fell marginally, down 0.6% over the year, so house rents grew faster than unit rents.

HousesUnits
Median price
Past 3 months
$2.48MN/A
Change in value
Past 12 months
15.8%14.6%
Sold
Past 3 months
365
Median days on market
Past 12 months
4522
Average rent
Past 12 months
$1500$778
Change in rent
Past 12 months
11.1%-0.6%

5 year median price trend for houses and units

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Broadbeach Waters demographics

There are 8,164 residents in the suburb, with a median age of 43. The median total household income is $2,072 a week, or roughly $107,744 a year.

Families dominate the reported family mix. Couple families with children account for 42.6% and couple families without children 42.7%, almost identical shares and together totalling 85.3% of families. One-parent families make up 12.8% and other families 1.9%.

In Broadbeach Waters most homes are owner-occupied: 40.4% are owned outright and 36.5% are owned with a mortgage, combining to 76.9% of dwellings, roughly three to one compared with renters at 23.2%.

Suburbs near Broadbeach Waters

Some popular suburbs near Broadbeach Waters include:

  • Broadbeach: Coastal centre with a lively dining and shopping precinct on the foreshore.
  • Mermaid Waters: Canal-lined suburb with family homes and quiet suburban streets.
  • Mermaid Beach: Long sandy beach and relaxed surf culture with a village atmosphere.
  • Isle of Capri: Established canal suburb featuring waterfront properties and riverside parkland.
  • Sorrento: Quiet residential neighbourhood centred around canals and local parks.

How does Broadbeach Waters compare to nearby suburbs?

  • Median house prices: Broadbeach Waters’s median house price is 6.7% higher than Mermaid Waters’s.
  • Median unit prices: Broadbeach Waters’s median unit price is 27.7% higher than Mermaid Waters’s.
  • House price growth: Over the past 12 months, house prices in Broadbeach Waters have grown 2.7% higher than in Mermaid Beach.
  • Unit price growth: Over the past 12 months, unit prices in Broadbeach Waters have grown 5.1% higher than in Broadbeach.
  • Selling speed for houses: Properties in Broadbeach Waters are selling 13.5% faster than in Mermaid Beach.
  • Selling speed for units: Properties in Broadbeach Waters are selling 21.4% faster than in Broadbeach.

Choose the right real estate agents in Broadbeach Waters

Choosing the right real estate agent in Broadbeach Waters can have a big impact on your sale. While there are 97 real estate agents working in the suburb, but just 5 of them were responsible for 27.1% 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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