SOLD
Sold on 29 Jan 2024 for $702,500

5/3 Margaret Avenue
Broadbeach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 79m2
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Property Details for 5/3 Margaret Ave, Broadbeach

5/3 Margaret Ave, Broadbeach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1966. The property has a floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Broadbeach in the last 12 months.

Building Type
Unit
Year Built
1966
Floor Size
79m2
Local Government
Gold Coast City
Lot/Plan
5/BUP40

Last Listing description (April 2024)

Don't miss out on this rare opportunity to own one of these beachside units in the thriving heart of Broadbeach. Just steps away from the sun-kissed beach and a vibrant array of cafes and restaurants. This gem not only offers a coastal retreat but also holds immense potential for future redevelopment. Imagine the possibilities in this AAA development site, that would capture expansive and protected ocean and coastline views.

1 of only 5 - rare beachside offering.

Disclaimer:
Important Notice: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate. Prospective buyers should make their own enquiries to satisfy themselves as to its accuracy. Although high standards have been used in the preparation of this document, no legal responsibility can be accepted by LJ Hooker Broadbeach or any loss or damage resulting from the content or the use of this information. Any photographs show only certain parts of the property as it appeared at the time they were taken. Areas, amounts, measurements, distances and all other numerical information is approximate only.

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Property History for 5/3 Margaret Ave, Broadbeach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$702,500
29 Jan 2024
Listed for Rent
03 Feb 2021
  • 29 Jan 2024
    Sold for $702,500
  • 20 Nov 2023
    Listed for Sale Expression of Interest
  • 27 Jan 2021
    Listed for Rent - Price not available
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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 8,880 properties. Over the last 5 years, Houses in Broadbeach have seen a 69.47% increase in median value, while Units have seen a 89.20% increase. As at 30 September 2024:

  • The median value for Houses in Broadbeach is $1,497,144 while the median value for Units is $1,054,340.
  • Houses have a median rent of $750 while Units have a median rent of $750.
There are currently 95 properties listed for sale, and 29 properties listed for rent in Broadbeach on OnTheHouse. According to CoreLogic's data, 500 properties were sold in the past 12 months in Broadbeach.

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