1902/1 Oracle Boulevard, Broadbeach QLD 4218
1902/1 Oracle Boulevard, Broadbeach QLD 4218
2-bedroom unit | Broadbeach | 128m² private courtyard | auction May 29
This property’s competitive advantage lies in its unusually large private courtyard, which is rare for a two-bedroom apartment in Broadbeach and effectively extends the living space beyond the internal floorplan. The combination of a secure garage, building amenities like pool and gym, and the unit’s position within a well-established complex makes it suitable for owner-occupiers seeking a lock-and-leave lifestyle or downsizers wanting outdoor space without a house. The high owner-occupancy rate in the building and long-term resident profile suggest stable neighbours and good building care, which supports value retention.
The primary risk is the auction clearance rate of 52% for Broadbeach two-bedroom units, indicating that over half of similar properties fail to sell under the hammer, which could lead to a passed-in result or pressure to negotiate post-auction. The 33-day average days on market suggests that buyers have time to assess, but the property’s last sale in 2007 means there is no recent local price evidence for this specific unit, increasing uncertainty in valuation. The opportunity is to use the auction as a price-discovery event and, if it passes in, negotiate directly with the vendor who has already shown motivation by listing. Hold this property for medium-term capital growth driven by Broadbeach’s demand, or use it as a high-amenity owner-occupied base with low turnover risk.
Detailed Independent Property Report prepared by PropCred Analyst team for 1902/1 Oracle Boulevard, Broadbeach QLD 4218
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
2
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Market Insight
Broadbeach is a premier coastal suburb, positioned as the cosmopolitan heart of the Gold Coast with exceptional walkability and established infrastructure. Demand is driven by affluent professionals, downsizers, and interstate buyers seeking a premium lifestyle, competing for limited family-sized stock and luxury apartments. Recent price trends show strong growth, particularly for units, supported by sustained demand and constrained land supply. Future growth is anchored by its irreplaceable location and ongoing infrastructure investment, though key risks include affordability pressures and sensitivity to interest rate changes.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
1107m²
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