Buyers continue to be attracted to the Gold Coast’s laidback lifestyle, year-round sunshine and beautiful beaches. With interstate migration still flowing strongly from New South Wales and Victoria, Broadbeach is emerging as a hot spot along this sun-kissed coastline.
Everyone loves Broadbeach
The Gold Coast continues to be the number one destination for capital city dwellers moving to regional areas, with the latest quarterly data from the Regional Australia Institute revealing that the city accounted for 11% of all moves in 2021.
According to REA research, Broadbeach is amongst the most popular suburbs for buyers from both New South Wales and Victoria. REA’s data on enquiries per unit/apartment listing reveals Broadbeach as one of the most popular Gold Coast suburbs overall, ranking second for enquiries between the months of November 2022 and January 2023. In addition, Broadbeach had the most projects listed in REA’s January list of top 30 apartment projects in QLD (based on enquiries).
There are over fifty restaurants and cafés within 300 metres of V&A, Broadbeach.
Boasting the title of the most walkable neighbourhood on the Gold Coast (with a walk score of 79), it’s no wonder Broadbeach is so popular. Less frantic than Surfers Paradise, but with more amenity than southern Gold Coast suburbs, it offers the perfect balance of shopping, dining, recreation, beaches and connectivity.
Gold Coast market continues to grow
Despite interest rate increases, the city’s supply shortage has fuelled continuous positive price growth. When we look at the percentage change in home prices compared to pre-pandemic levels, we see a steep increase of 51.11%, reflecting the exceptional price growth the region has experienced in the last few years.
Region | Median home value | % change in home prices compared to pre-pandemic | 5 year % change in home prices |
Gold Coast | $836,000 | 51.11% | 55.62% |
PropTrack Home Price Index – January 2023
Secure your home or investment at V&A Broadbeach today.
Artist impression of living area in Victoria Residences
Whether you are looking to make a smart investment or settle into Broadbeach’s laidback lifestyle, now is the perfect time to secure a residence at V&A.
The stunning 1, 2, 3 & 4 bedroom residences offer oceanside living with unparalleled resort-style amenity, and are now selling from $865,000.
Call 1800 733 046 for any enquiries or to book an appointment at our immersive display suite.
