Leburn & Associates

Licensed Real Estate Agents - Main Beach Qld

Cherie Leburn LREA

Principal

+61 418 883 552

cherie@leburn.com.au

Main Beach Qld 4217 - Suburb Report

Lowest $445,000 Median $1,280,000 Highest $9,800,000 SOLD 265 Apartments

Main Beach- June 2023 – July 2024 –Market Report

Last June Main Beach had 35 properties available for rent and 63 properties for sale. Median sold prices over the last year is $1,450,000 for units. If you are looking for an investment property, consider units in Main Beach rent out for $850.00 pw with an annual rental yield of 4.1%. Main Beach has seen an annual compound growth rate of 23.1% for units. *Sales prices OBTAINED from Pricefinder and RP Data

Latest Sales EOFY 2024
Configuration Median Sale Price
Plan Bed1 Bath1 Car 1 $803,000
Plan Bed2 Bath2 Car 1-2 $1250,000
Plan Bed3 Bath 2-3 Car1-2 $1,850,000
Plan Bed4 Bath3-4 Car1-2 $3,500,000
Plan Penthouse $4,000,000
Median Sale Price Median Rental Price Sold
$803,000 1Bedroom $ 650.00 per week 20
$1,250,000 2Bedroom $ 800.00 per week 129
$1,850,000 3Bedroom $1,295.00 per week 56
$2,200,000 4Bedroom $1,500.00 per week 20
$4,750,000 Penthouse $3,000.00 per week 3

Main Beach Suburb: Main Beach is a boutique suburb favoured by the affluent and it is the pinnacle of cafe society on the Gold Coast. There is a sense of community in this suburb, everyone stops to say hello and the restaurateurs and boutique owners quickly become friends.The center of Main Beach is Tedder Avenue. The street is lined with upmarket boutiques and some of the Gold Coast’s best restaurants and bars. Around the area are also the Southport Yacht Club and the 6-star Palazzo Versace hotel ( more accommodation types).Don’t let that discourage you though as it’s still a friendly and relaxed beachside suburb. A suburb bordered by the Ocean to the east, the Broadwater to the north, and the Nerang River to the south. Due to its desirability prices are high and demand certainly outweighs supply. On the beach side of the suburb, there are holiday and residential high rises, villas, townhouses,3-story walk-ups,& a few free-standing houses.The Broadwater side is full of older homes dating back to the 1950s which have usually been kept safely in the family since they were built. These homes are all starting to undergo renovations and the results are exciting. There are also newer villas and townhouses – this area is strictly no high rises. *Sales prices OBTAINED from Pricefinder and RP Data

A highlight of a visit to Main Beach is to the beach itself, where the old bathing pavilion, Pavilion 34, has been reincarnated as a casual beach café complete with chiko rolls, potato scallops, pineapple fritters & fish and chips. The old male & female change pavilions are still here & loads of retro photos as a reminder of the Main Beach of old. This bathing pavilion sits next to the Southport Surf Club, the first to make its mark on the Gold Coast in 1936, right next to a sprawling shady park perfect for oceanfront.
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Main Beach History: In 1925 the Jubilee Bridge was built across the Nerang River. Before this ferries took people across the River so they could enjoy the great surf. After 1925 land was offered for sale. In 1934 the Main Beach Bathing Pavillion was built. This beachside suburb began to attract visitors. By the 1930s Main Beach flourished into a holiday spot for both locals and tourists.
The area continued to grow in popularity with the building of The Spit and the Southport Yacht Club – it was not just a haven for Surfers and Holidaymakers but now keen Boaters had a safe place to moor. It still is a popular place to dock your boat or yacht with plenty of water for bigger vessels.
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A Futuristic Superyacht custom-built for the late Apple founder Steve Jobs has been turning heads after arriving on the Gold Coast. The $170 million Venus superyacht, a 78m-long vessel with six bedrooms, docked at Southport Yacht Club after sailing into the Seaway.

The yacht is owned by Laurene Powell Jobs, who inherited the boat along with other assets from her late husband after he died from pancreatic cancer Oct 2011.

The size of Main Beach is approximately 3.1 square kilometers. It has 5 parks covering nearly 46.3% of the total area. The population of Main Beach in 2011 was 3,495 people. By 2016 the population was 3,864 showing a population growth of 10.6% in the area during that time. The predominant age group in Main Beach is 60-69 years.
Households in Main Beach are primarily childless couples and are likely to be repaying $1800 – $2399 per month on mortgage repayments. In general, people in Main Beach work in a professional occupation. In 2011, 53.7% of the homes in Main Beach were owner-occupied compared with 55.1% in 2020 –www.yourinvestmentpropertymag.com.au.