Broadbeach
6,200
Population
$1,700,000
Average House price
$950,000
Average Unit price
46%
Growth-Unit prices
Location and Demographics
Broadbeach, located on the Gold Coast, Queensland, is renowned for its stunning beaches, lively atmosphere, and modern lifestyle. It is situated approximately 3 km south of Surfers Paradise and 18 km north of Coolangatta, offering a prime and central location for both residents and visitors.
Community and Lifestyle
Broadbeach offers a vibrant coastal lifestyle with a bustling local scene that includes a wide array of cafes, restaurants, and boutique shops, particularly around the Oracle Boulevard and Oasis Shopping Centre. The suburb is popular for its pristine beaches, which are perfect for swimming, surfing, and other beach activities. Broadbeach is also known for its entertainment options, including the Gold Coast Convention and Exhibition Centre, The Star Casino, and Pacific Fair Shopping Centre. The suburb is considered safe and family-friendly, with excellent access to schools, parks, and other essential amenities.
Population Growth
The population has seen steady growth over the years, from around 5,500 in 2016 to an estimated 6,200 by 2024. The suburb attracts a diverse mix of professionals, families, retirees, and tourists, contributing to its dynamic and inclusive community.
Property Market Trends
The property market in Broadbeach has shown significant growth over the past five years:
Sales Prices
House Prices
2019: $1,200,000
2024: $1,700,000
42% Growth increase
Unit Prices
2019: $650,000
2024: $950,000
46% Growth increase
Rental Market
Houses
Median Rent
2019: $800
2024: $1,150
44% Growth increase
Units
2019: $550
2024: $800
45% Growth increase
Rental Yield
The rental yield in Coolangatta remains attractive:
Houses
3.55%
Approximately in 2024.
Units
4.00%
Approximately in 2024
Broadbeach is a great place to live and invest
Overall, Broadbeach has experienced substantial growth and continues to be a highly desirable location due to its excellent amenities, beautiful natural surroundings, and strong community spirit. The property market remains robust, making it an ideal location for both living and investment.
