14-18 Mary AvenueBroadbeach QLD 4218
Property Details for 14-18 Mary Ave, Broadbeach
Last Listing description (February 2024)
Holding a prime beachside position in the heart of Broadbeach, this expansive 1,518m2* vacant block presents an exceptional development opportunity.
It is made up of three equal lots, each measuring 506m2*, and offering a combined 48.3m* of frontage onto Mary Avenue and opposite the well-regarded Broadbeach State School.
Metres from the beach and green spaces of Kurrawa Park, it is surrounded by amenities with Pacific Fair Shopping Centre, The Star Casino, Gold Coast Convention and Exhibition Centre and bustling hubs of both Broadbeach and Mermaid Beach, also within walking distance.
Sites such as this are rare to market and provide the perfect blank canvas for an investor or developer to land bank or submit plans for a new development intended to transform the Broadbeach skyline (STCA).
Property History for 14-18 Mary Ave, Broadbeach, QLD 4218
- 26 Feb 2024Sold for $31,250,000
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0About Broadbeach 4218
The size of Broadbeach is approximately 1.5 square kilometres. It has 6 parks covering nearly 27.2% of total area. The population of Broadbeach in 2011 was 4,613 people. By 2016 the population was 5,513 showing a population growth of 19.5% in the area during that time. The predominant age group in Broadbeach is 20-29 years. Households in Broadbeach are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Broadbeach work in a professional occupation. In 2011, 40.2% of the homes in Broadbeach were owner-occupied compared with 40.6% in 2016.
Broadbeach has 8,861 properties. Over the last 5 years, Houses in Broadbeach have seen a 92.32% increase in median value, while Units have seen a 91.10% increase. As at 31 October 2024:
- The median value for Houses in Broadbeach is $1,614,331 while the median value for Units is $1,059,793.
- Houses have a median rent of $750 while Units have a median rent of $750.
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