Median House Price
Median Unit Price
PRESTIGE AND PROXIMITY IN A PEACEFUL SETTING
Broadbeach represents an area of approximately 1.5 square kilometres, including eight parks.
There are approximately 5,500 people living in Broadbeach. The predominant age group is 20-29 years, consisting mainly of professional couples with no children.
Around 40% of properties in Broadbeach are owner-occupied with an average ownership of nine years.
The median house price in Broadbeach is $1,700,000 while the median unit price in Broadbeach is $670,000.
Based on five years of sales, Broadbeach has seen a compound growth rate of -4.0% for houses and 3.3% for units.
If you are looking for an investment property, houses in Broadbeach rent out for $575 per week with an annual rental yield of 1.2% and units rent for $525 per week with a rental yield of 4.1%.
*Sources: realestate.com.au and Core Logic RP Dat
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