SOLD
Sold on 16 Apr 2024 for $450,000

16/10 Albert Avenue
Broadbeach QLD 4218

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 82m2
Land area: 635m2
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Property Details for 16/10 Albert Ave, Broadbeach

16/10 Albert Ave, Broadbeach is a bedroom, bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 635m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other bedroom Unit sold in Broadbeach in the last 12 months.

Building Type
Unit
Year Built
2000
Floor Size
82m2
Land Size
635m2
Local Government
Gold Coast City
Lot/Plan
16/SP147639

Last Listing description (March 2016)

Situated in the Centre of Broadbeach, this strata titled investment offers a hassle free, passive income property for your Investment Portfolio or Self Managed Super Fund.
The property is tenanted by long standing local business offering:
- Brand new 3 year lease

- Net Income of $33,600 per annum + GST
- All outgoings recoverable by the Landlord
- 83m2 Internal Area
Broadbeach is a tightly held suburb, surrounded by billions of dollars worth of infrastructure and new development.
We look forward to hearing from you, please contact either Adam Grbcic or Tony Grbcic for More information.

Property History for 16/10 Albert Ave, Broadbeach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$450,000
16 Apr 2024
  • 16 Apr 2024
    Sold for $450,000
  • 14 Mar 2016
    Sold for $415,000
  • 11 Dec 2015
    Sold for $415,000
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About 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 8,860 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.
There are currently 138 properties listed for sale, and 22 properties listed for rent in Broadbeach on OnTheHouse. According to CoreLogic's data, 517 properties were sold in the past 12 months in Broadbeach.

Suburb Insights for Broadbeach 4218

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.