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Broadbeach Profile

The size of Broadbeach is approximately 7 km?.  It has 6 parks covering nearly 7% of the total area. 

The population of Broadbeach in 1996 was 4,568 people.  By 2001 the population was 6,288 showing a population growth of 38% in the area during that time.

The predominant age group in Broadbeach is 20 - 29 years. 

Households in Broadbeach are primarily couples without children and are likely to be repaying between $800.00 - $1000.00 per month on mortgage repayments.

In general, people in Broadbeach work in a professional occupation.

In 1996, 22% of the homes in Broadbeach were owner-occupied compared with 30% in 2001. 
Currently the median sale price of houses in the area is $1,320,000.

 

 

Percentage Change in Median Prices
 

 

Broadbeach

Gold Coast Area

Period

% Change

% Change

2006

5.6%

3.4%

2005

5.9%

7.9%

2004

6.3%

18.4%

2003

18.5%

22.5%

2002

20.0%

16.6%

Recent Median Sale Prices
 

 

Broadbeach

Gold Coast Area

Period

Median Price

Median Price

February 2006

$ 420,000

$ 310,000

January 2006

$ 380,000

$ 305,000

December 2005

$ 349,000

$ 320,000

November 2005

$ 395,000

$ 380,000

October 2005

$ 460,000

$ 310,000

September 2005

$ 325,000

$ 305,000

August 2005

$ 352,000

$ 300,000

July 2005

$ 335,350

$ 310,000

June 2005

$ 345,000

$ 320,000

May 2005

$ 425,000

$ 315,000

April 2005

$ 357,250

$ 300,000

March 2005

$ 353,500

$ 285,500

 

Number of Apartments Sold Per Annum

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006
(ytd)

590

584

516

458

566

752

881

811

389

436

110

 

 

Rental Market (Quarterly)

 

 

 

 

 

 

1 Bedroom Flat

2 Bedroom Flat

3 Bedroom Flat

Median Rent

Bonds Lodged

Median Rent

Bonds Lodged

Median Rent

Bonds Lodged

$ 240

83

$ 245

397

$ 340

37