Broadbeach Waters: The waterfront ‘burb where house prices have risen more than 70 percent

Situated at the meeting of the Nerang River and the Little Tallebudgera Creek, Broadbeach Waters is a coveted Queensland postcode for Aussies seeking a harmonious blend of natural splendour and urban convenience.

This waterfront enclave is home to 8164 locals, many of whom prefer to swap surfing for serenity. They enjoy relaxing among their waterfront residences, strolling along sun-kissed beaches, and exploring peaceful canals by kayak or boat.

Good as gold

House prices for the suburb have increased by 17.5 per cent over the past 12 months, contributing to the 76.3 per cent jump in the past five years, according to Domain’s latest House Price Report. These figures underscore the desirability and investment potential of the area.

“The riverfront thoroughfare of Monaco Street is one of the best on the Gold Coast, and we anticipate that supply levels here will remain extremely tight,” says Michael Kollosche managing director at Kollosche. “This street forms part of the golden triangle, a cluster of 10 highly sought-after streets due to their wide canals and larger-than-average block sizes.”

Kollosche says one of Broadbeach Waters’ defining features is the spectacular views, adding extra sparkle to the already beautiful suburb.

“Most properties capture amazing Surfers Paradise and Broadbeach skyline views, which makes it so special,” he says. “People find it difficult to leave the area once they’ve discovered such views – just one of the many reasons it’s such a tightly held market.”

Quiet on the canal front

Amid the bustling energy of the Gold Coast, Broadbeach Waters stands apart with its unique sense of solitude and an affluent suburban vibe. Even those who work here, like Khianna Chapman at Breathe Holistic Health, appreciate the stark contrast that defines the suburb.

“Even though some big-name facilities like Pacific Fair and the Star Casino are conveniently close by, this area nevertheless remains quieter,” says Chapman. “It’s the antithesis of the hustle and bustle often seen throughout the coast.” 

Chapman feels connected to the suburb’s residents through her work, describing them as a friendly community that values leading happy and healthy lifestyles.

“Locals love to spend a lot of time outdoors, enjoying the canals, walking their dogs around the parks, and socialising at their favourite cafe,” adds Chapman. “So, it’s no surprise that everyone I meet is warm and eager to strike up a chat.”

For sale in Broadbeach Waters right now..

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29 Kalimna Drive, Broadbeach Waters QLD 4218

With 31 metres of water frontage, this exquisite residence of three levels of luxury beckons to be indulged, whether hosting within the living and entertaining spaces, swimming in the resort-style pool, or revelling in the rooftop terrace’s spectacular skyline panoramas.

Article source: Queensland Property Investor