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With white sandy beaches on your doorstep, Broadbeach is more than just a tourist destination. Little brother to the neighbouring Surfers Paradise, Broadbeach takes things a bit slower. However, with a huge number of new developments coming to the suburb over the next few years, we anticipate Broadbeach is about to enter the big league.
Situated just off the Gold Coast Highway, between Surfers Paradise and Mermaid Beach, Broadbeach is nestled right in the heart of the Gold Coast. Easy access to the highway means making your way up and down the coast, as well as inland to beautiful regions like Springbrook never takes too long.
Broadbeach, known affectionately as “Broadie” to locals, offers pristine beaches, regular markets, gourmet dining and a vast array of amenities including Pacific Fair shopping centre, The Star Casino and Broadbeach Mall, a favourite haunt of foodies and street artists.
This beachside suburb is a popular destination for locals and tourists alike which is reflected in the significant drop in the average vacancy rate from 5.1% to just 3.4% in the last year.
Mermaid Waters, a canal community just south of Broadbeach, is primarily a residential suburb located close to all the amenities on offer in Broadbeach and Mermaid Beach.
Although an average performer in Queensland when comparing median price capital growth over the last year, Mermaid Waters does rank on the list of best yielding
suburbs for rentals in Queensland with a 5.69% return.
Whilst all care has been taken, information conveyed from third parties & changed circumstances may alter accuracy.