Gold Coast Investment Property Research
broad beach real estate

Broadbeach Area Profile


OVERVIEW

Broadbeach is set alongside the pristine surf & sands of the Pacific Ocean and is a a mecca for tourists and urban beach culture. Apartment buildings dot the landscape in between lush parks and combined shopping & dining areas. Broadbeach is home to the largest shopping centre on the Gold Coast Pacific Fair, the highly successful Gold Coast Convention and Exhibition centre and the wildly popular Jupiters Casino. It has one of the busiest beaches on the Gold Coast which is home to the National Surf Life Saving Competition each year.

HISTORY
The beach at Broadbeach named Kurrawa is aboriginal for "deep blue sea".

NATURAL WONDERS
Broadbeach has one of the most spectacular sandy beaches on the Gold Coast. Broadbeach also boasts 6 parks which largely run along the esplanade covering nearly 7% of the total area.

RETAIL, COMMERCIAL & INDUSTRIAL
A variety of al-fresco cafes and restaurants are located on Surf Parade and in the plaza. Boutique retail stores are intermingled with other variety stores, health & beauty shops plus day spas throughout the streets and inside the Oasis shopping centre. Commercial offices are in limited supply (at late August 2007).

The world class Gold Coast Convention & Exhibition centre (www.gccec.com.au) houses a conference facility for up to 6000 delegates or conventions & banquets for up to 3500 diners. Concerts and special events occur frequently in the oversized exhibition hall.

SCHOOLS
The Gold Coast city has a wide range of public & private schools, universities and technical colleges.

MEDIAN PRICES
REIQ research shows that the median price for Units & Townhouses have risen 108% over the seven years from 1999-2006


This information has been carefully compiled and is not intended to be treated as a warranty or promise as to the correctness of the information. Interested parties should undertake independent enquiries and investigations to satisfy themselves that any details herein are true and correct. Use with written permission only, students excepted. Sources: ABS, RTA, REIQ, GCCC

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