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Clear Island Waters suburb profile

Clear Island Waters is a canal-front suburb on the Gold Coast that combines a relaxed waterside feel with close access to the coast's activity hubs. The neighbourhood is largely residential, characterised by waterfront houses with private moorings, established streets lined with mature trees and pockets of low-rise apartments and townhouses. It attracts people who want a quieter, family-friendly base but still be near the beaches, cafés and shopping of Surfers Paradise and Broadbeach. Parks and foreshore paths follow the waterways, and main roads and the light rail corridor are within easy reach for commuting and weekend trips.

Clear Island Waters property market performance

Current median dwelling price$1,830,000Past 3 months

Property growth+13.7%Past 12 months

The median house price is $2.45 million, with house values rising sharply, up 35.3% over the last 12 months. There aren't enough recent unit sales to publish a reliable median unit price; available figures show unit values fell a solid 7.9% over the last 12 months.

Over the last 3 months, 18 houses and 6 units changed hands. Median days on market over the last 12 months were 33 for houses and 41 for units, so they sold in a similar time.

In Clear Island Waters the rental market saw house rents average $1,400 a week over the last 12 months, rising sharply, up 11.1%. Unit rents averaged $640 a week over the last 12 months and also rose sharply, up 11.3%. Both rents grew at a similar pace.

HousesUnits
Median price
Past 3 months
$2.45MN/A
Change in value
Past 12 months
35.3%-7.9%
Sold
Past 3 months
186
Median days on market
Past 12 months
3341
Average rent
Past 12 months
$1400$640
Change in rent
Past 12 months
11.1%11.3%

5 year median price trend for houses and units

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Clear Island Waters demographics

Clear Island Waters is home to 4,395 people, with a median age of 50. The typical household has a weekly total income of $1,617, roughly $84,084 a year.

Families make up most households: couple families with children are 42.3% and couple families without children are 43.5%, together about 86% of families. One-parent families account for 12.7% and other families 1.5%.

Homes in Clear Island Waters are predominantly owner-occupied. Some 47.4% of homes are owned outright and 31.3% are owned with a mortgage, combining to about 79% owner-occupied, while 21.3% are rented.

Suburbs near Clear Island Waters

Some popular suburbs near Clear Island Waters include:

  • Merrimac: Leafy, established suburb with a semi-rural feel and pockets of reserves.
  • Robina: Large master-planned centre with a mix of commercial and residential areas.
  • Mermaid Waters: Canal-side suburb defined by tree-lined streets and extensive waterways.
  • Broadbeach Waters: Predominantly canal-front residential area with quiet streets and water vistas.
  • Mermaid Beach: Coastal suburb centred on a popular surf beach and relaxed seaside vibe.

How does Clear Island Waters compare to nearby suburbs?

  • Median house prices: Clear Island Waters’s median house price is 132.9% 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 24.5% higher than in Merrimac.
  • Unit price growth: Property prices in nearby Merrimac have risen 26.4% more than in Clear Island Waters over the past year.
  • Selling speed for houses: Properties in Clear Island Waters are selling 26.7% faster than in Broadbeach Waters.
  • Selling speed for units: Properties in nearby Merrimac are selling 68.3% faster than in Clear Island Waters.

Choose the right real estate agents in Clear Island Waters

There are 40 real estate agents in Clear Island Waters, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 40.8% of all sales in the past year.

Commission rates in Clear Island Waters typically range from 2% to 2.94%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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