Question 1

Is Clear Island Waters a nice place to live?

Accepted Answer

Clear Island Waters is a delightful suburb that offers a serene and luxurious lifestyle, making it a wonderful place to live. Known for its picturesque waterways and tranquil atmosphere, this suburb provides a peaceful retreat while still being conveniently close to the vibrant amenities of the Gold Coast. The charming canals and lakes not only offer stunning views but also provide opportunities for water-based activities, adding to the suburb's unique appeal.

The suburb's family-friendly environment is enhanced by its proximity to top-rated schools and well-maintained parks, making it an ideal choice for families seeking a safe and nurturing community. The presence of golf courses and nearby shopping centers ensures that residents have access to a variety of recreational and retail options. Safety is generally not a major concern, contributing to the overall sense of security and comfort that the suburb offers.

While Clear Island Waters boasts a prestigious and tranquil lifestyle, it does come with a few trade-offs. The exclusivity and natural beauty of the area mean that property prices are higher compared to some nearby suburbs. Additionally, while the suburb itself is peaceful, those seeking a bustling nightlife or a more urban vibe might find it lacking in that regard. However, the convenience of being close to major retail and entertainment hubs compensates for this, offering a balanced lifestyle for its residents.

Ultimately, Clear Island Waters is a charming suburb that provides a harmonious blend of natural beauty and suburban convenience. It is particularly appealing to families and retirees who appreciate a calm environment with easy access to amenities. Whether you're drawn to its scenic views, family-friendly atmosphere, or the prestige of waterfront living, Clear Island Waters is a lovely place to call home.

Question 2

Is it expensive to live in Clear Island Waters?

Accepted Answer

Living in Clear Island Waters can be quite expensive, especially when it comes to housing. The current median house price is a hefty $2,450,000. If you're considering renting, the average rent for houses is around $1,350 per week, while for units, it's about $665 per week. These figures indicate a significant financial commitment for those looking to settle in this picturesque Gold Coast suburb.

When comparing the median total household income in Clear Island Waters, which stands at $1,617 per week, to the Queensland average wage of approximately $98,000 per year, it's clear that a substantial portion of income would be directed towards housing costs. This makes living in Clear Island Waters a considerable financial undertaking for those earning an average salary in the area.

While Clear Island Waters offers a serene lifestyle with its beautiful waterways and proximity to the Gold Coast's attractions, it's essential to weigh the high cost of living, particularly in terms of property prices and rent, against your financial capacity. If you're thinking of living in Clear Island Waters, it's crucial to ensure your budget aligns with the expenses associated with this desirable suburb.

Question 3

Is Clear Island Waters a good place to invest?

Accepted Answer

Clear Island Waters is showing promising signs as a solid investment suburb, particularly for those interested in the housing market. Over the last year, the median house value has surged by an impressive 28.8%, indicating strong demand and potential for capital growth. This significant increase suggests that the suburb is becoming increasingly desirable, likely due to its appealing lifestyle and proximity to key amenities.

While the median unit value has remained stable with no change over the past 12 months, the rental market for units has seen a notable increase, with rents rising by 16.1%. This suggests a growing demand for rental properties, making it an attractive option for investors seeking rental income. The rental market for houses has also experienced a healthy growth of 10.2%, further highlighting the suburb's appeal to renters.

Overall, Clear Island Waters presents a compelling opportunity for investors, especially in the housing sector. The strong capital growth in house prices, coupled with rising rental yields, makes it an attractive choice for those looking to invest in a suburb with both immediate and long-term potential. While units have not seen the same level of capital appreciation, the increasing rental demand suggests they could still offer good returns for investors focusing on rental income.

	Houses	Units
Median price Past 3 months	$2.85M	N/A
Change in value Past 12 months	32.5%	-15.6%
Sold Past 3 months	15	5
Median days on market Past 12 months	34	40
Average rent Past 12 months	$1350	$650
Change in rent Past 12 months	7.1%	13.0%

Get a property report and suburb profile for any property in Clear Island Waters

Clear Island Waters suburb profile

Clear Island Waters property market performance

5 year median price trend for houses and units

Clear Island Waters demographics

Suburbs near Clear Island Waters

How does Clear Island Waters compare to nearby suburbs?

Choose the right real estate agents in Clear Island Waters

Get a head start and compare top local agents in Clear Island Waters

Not quite ready to sell?

Suburb and property report

Digital estimate for your property

Navigate the market