Broadbeach Waters Monthly Report

BROADBEACH WATERS

Local News

Selling Your Property in Broadbeach Waters?

Here's Some Positive News!

If you are considering selling your property in Broadbeach Waters, there is good news to share! Broadbeach Waters has a dynamic property market with favorable indicators for potential sellers

According to recent data, Broadbeach Waters had 52 properties available for rent and 81 properties for sale last month Median property prices over the last year have shown promising figures, ranging from $1,960,000 for houses to $750,000 for units This indicates that there is demand for both houses and units in the area, providing a diverse range of options for potential sellers

If you are considering your property as an investment, the rental market in Broadbeach Waters is also promising Houses in Broadbeach Waters are currently renting out for $1,200 per week with an annual rental yield of 3 3%, while units are renting out for $650 per week with a rental yield of 5 5% This suggests that there is demand from renters, which could be appealing to potential investors or those looking to sell their rental property

Furthermore, based on the historical sales data from the past five years, Broadbeach Waters has shown strong growth in property prices Houses have experienced a compound growth rate of 14.7% while units have seen a growth rate of 13 1% This indicates that the property market in Broadbeach Waters has been steadily growing over time, which could be an encouraging factor for potential sellers

Overall, the property market in Broadbeach Waters offers positive prospects for potential sellers With a range of property options, favorable rental yields, and a history of solid growth in property prices, now could be an opportune time to consider selling your property in Broadbeach Waters As with any real estate transaction, it is advisable to seek professional advice and stay updated on the latest market trends to make informed decisions A local real estate professional can provide personalized insights and guidance to help you navigate the selling process in Broadbeach Waters and maximize your potential returns

Local News

We are thrilled to announce that Sam Tahana of Image Property is now a proud major sponsor of Emerald Lakes Golf Club! As a local business in the area, we are passionate about supporting our community, and we believe that the Emerald Lakes Golf Club is a valuable asset that brings joy and entertainment to our fellow residents. With its picturesque views, challenging course, and exceptional facilities, Emerald Lakes Golf Club is a renowned golfing destination on the Gold Coast. We are honoured to be associated with this esteemed club and are committed to supporting its mission of providing a top-notch golfing experience to its members and visitors

As part of our commitment to giving back to the community, we are excited to announce that we will be organizing a charity golf day in the near future This event will be a fantastic opportunity for golf enthusiasts and community members to come together, have fun, and raise funds for a worthy cause We are passionate about supporting charitable organizations that make a positive impact on our local community, and we are looking forward to leveraging the resources of Emerald Lakes Golf Club to make a meaningful contribution. We believe that through our partnership with Emerald Lakes Golf Club, we can foster a sense of community and promote the joy of golfing while also supporting charitable causes that align with our values We are proud to be the major sponsor of this esteemed club, and we look forward to a successful and fulfilling partnership

Stay tuned for more updates on our upcoming charity golf day at Emerald Lakes Golf Club, and we invite all golf enthusiasts and community members to join us in this exciting Endeavor Together, we can make a difference and create a positive impact on our local community Thank you for your continued support!

Sincerely,

Sam Tahana of Image Property

Finance

A word from our Mortgage Broker

In the current environment we are seeing businesses either struggling, or growing at a rapid pace, there doesn’t seem to be much in between Consolidation seems to be gaining momentum, particularly in service based industries

It is not often I talk about lender policy in these emails, however, this week I was made aware of a policy being utilised by more than one bank, to assist both business owners, and aspiring business owners

If you are looking to buy a business, buy into a business, or simply buy a commercial premises to operate your business from, this policy may impact your ability to proceed.

100% LVR on residential property

If you are entering a commercial transaction and need to fund a shortfall on the transaction, you can now access the equity in your residential property equal to 100% of its value

Accessing equity on a residential property for commercial transactions was previously capped at 80% of the value

The shortfall may be the deposit on a commercial premises, or the gap between what can be secured against the assets of the business and what is needed

Example

Services

Attention Broadbeach Waters Community!

Are you a skilled tradesperson or service provider in the Broadbeach Waters area? Are you looking to build long-term relationships with clients who value quality workmanship and reliable service? Look no further! We are in need of a trusted team of professionals to assist with various trades and services, and we want to hear from you!

We are seeking reliable and experienced individuals or businesses in the following trades and services:

If you are a skilled professional in any of the above trades or services and are dedicated to delivering exceptional work and outstanding customer service, we want to hear from you! Please contact us with your credentials, references, and pricing details We are excited to build a long-term partnership with reliable and skilled tradespeople and service providers in our local community Let's work together to create beautiful and well-maintained properties in Broadbeach Waters!

Please give me a call today on 0400 047 129

BROADBEACH WATERS FLYOVER

BROADBEACH WATERS - Sales Statistics (Houses)

Median Weekly Rents (Houses)

Median Weekly Rents (Units)

BROADBEACH WATERS - Peak Selling Periods (3 Years)

BROADBEACH WATERS - Price Range

BROADBEACH WATERS - Recently Sold Properties

BROADBEACH WATERS - Properties For Rent

Disclaimer

It is our intention to provide a complete snapshot of sales and listings in your area and, as such, we have included properties listed and sold by all agents and agencies Price indications are provided by third parties, and these should not be relied upon If you would like to confirm details on properties not listed or sold by Image Property, please follow the link and enquire with the listing agent This email has been prepared by Image Property with all due care so as to ensure correctness and accuracy of the information contained above (which includes sales and listings of agents other than Image Property), however Image Property does not warrant the correctness of the information provided and does not accept any liability in this regard Parties should rely upon their own enquiries in this regard

Sam Tahana Sales Agent

Jordan Baldan-Vine Senior Associate