Clear Island Waters suburb profile
Clear Island Waters is a prestigious suburb on the Gold Coast, known for its luxurious waterfront properties and serene lifestyle. Situated centrally, it offers residents easy access to the vibrant beaches, shopping precincts, and entertainment hubs of the Gold Coast. The suburb is characterized by its expansive canals and lakes, providing picturesque views and opportunities for water-based activities. With well-maintained parks, golf courses, and top-rated schools nearby, Clear Island Waters is a sought-after location for families and retirees seeking a blend of tranquility and convenience. Its exclusivity and natural beauty make it a standout destination for discerning homeowners.
Clear Island Waters property market performance
Current median dwelling price$1,830,000Past 3 months
Property growth+9.5%Past 12 months
Clear Island Waters has experienced a significant surge in its property market over the past 12 months, with house values soaring by 28.8%. The current median house price stands at $2.45 million, indicating strong demand in the area. In contrast, the unit market has remained stagnant, with no change in median value over the same period.
Sales activity has been moderate, with 17 houses and 9 units sold in the past 12 months. Houses are selling relatively quickly, with a median of 35 days on the market, while units take slightly longer at 40 days, suggesting a more balanced demand between the two property types.
The rental market in Clear Island Waters has shown robust growth, particularly for units, which have seen a 16.1% increase in rent over the last 12 months. House rents have also risen by 10.2%, reflecting a strong rental demand across the suburb.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | $2.45M | N/A |
Change in value Past 12 months | 28.8% | -9.8% |
Sold Past 3 months | 17 | 9 |
Median days on market Past 12 months | 35 | 40 |
Average rent Past 12 months | $1350 | $665 |
Change in rent Past 12 months | 10.2% | 16.1% |
5 year median price trend for houses and units
Clear Island Waters demographics
Clear Island Waters, located in the heart of the Gold Coast, is a serene suburb known for its picturesque waterways and tranquil lifestyle. With a population of 4,395, it offers a peaceful retreat from the bustling city life while still being conveniently close to major amenities and attractions. The median age of 50 indicates a mature community, often attracting retirees and established families who appreciate the suburb's calm environment and scenic views.
The suburb's housing landscape is characterized by a high rate of home ownership, with 47.4% of properties owned outright and 31.3% owned with a mortgage. This reflects a stable and settled community, with many residents having invested in their homes for the long term. Rental properties make up 21.3% of the housing market, appealing to those seeking a temporary stay in this idyllic location.
Family life in Clear Island Waters is well-represented, with couple families with children accounting for 42.3% of the population and couple families without children making up 43.5%. The presence of one-parent families at 12.7% adds to the suburb's diverse family dynamics. The median total household income of $1,617 per week suggests a comfortable standard of living, supported by the suburb's proximity to shopping centers, schools, and recreational facilities. Clear Island Waters offers a harmonious blend of natural beauty and suburban convenience, making it a desirable place to call home.
Clear Island Waters infrastructure, key developments and investment opportunities
Clear Island Waters benefits from proximity to major retail and employment hubs, with Pacific Fair, Robina Town Centre and the Q Super Centre all within a short drive, supporting buyer demand from professionals and families seeking convenience and lifestyle.[2] The suburb is built around artificial canals and lakes, offering waterfront living in a low-density, residential environment, which underpins its prestige positioning and higher price points relative to many nearby areas.[6][7]
Residents have access to a range of nearby schools and education facilities in adjacent suburbs, which, combined with easy access to Broadbeach’s restaurants, entertainment and beaches, enhances the area’s appeal for long-term owner-occupiers.[2] There are currently no widely reported major new infrastructure projects or planning changes specific to Clear Island Waters itself, so short- to medium-term property market performance is likely to be driven more by its established amenities, waterfront character and broader Gold Coast market conditions than by suburb-specific redevelopment activity at this time.
Clear Island Waters rental market trends
The rental market in Clear Island Waters is experiencing robust growth, with house rents increasing by 10.2% over the past year to $1,350 per week, while unit rents have surged 16.1% to $665 per week. This suburb's appeal is bolstered by its scenic waterways and proximity to key amenities, making it an attractive option for both renters and investors seeking strong returns.
Suburbs near Clear Island Waters
Some popular suburbs near Clear Island Waters include:
How does Clear Island Waters compare to nearby suburbs?
- Median house prices: Clear Island Waters’s median house price is 135.4% higher than Merrimac’s.
- Median unit prices: Clear Island Waters’s median unit price is 189.0% higher than Merrimac’s.
- House price growth: Over the past 12 months, house prices in Clear Island Waters have grown 22.2% higher than in Merrimac.
- Unit price growth: Property prices in nearby Merrimac have risen 19.4% more than in Clear Island Waters over the past year.
- Selling speed for houses: Properties in Clear Island Waters are selling 31.4% faster than in Broadbeach Waters.
- Selling speed for units: Properties in nearby Merrimac are selling 65.0% faster than in Clear Island Waters.

