1702/28-30 Second Avenue, Broadbeach QLD 4218
1702/28-30 Second Avenue, Broadbeach QLD 4218
17th-floor coastal unit | 2021 build | 2-bed premium apartment | Broadbeach beachfront | rooftop lifestyle
This unit holds a genuine edge in Broadbeach because it combines a high floor position with a recent build date, which is uncommon in a suburb where much of the apartment stock is older and lower-spec. The 2021 construction means modern finishes, efficient layout, and a full amenity package including rooftop pool, gym, and residents lounge, all of which appeal strongly to downsizers and professional owner-occupiers seeking lock-and-leave living. The 17th-floor placement likely delivers elevated views and privacy, and the secure parking plus intercom access adds practical convenience. This property serves best as a primary residence for those trading house for apartment, or as a high-yield rental holding for investors targeting the premium coastal market, given the strong rental demand for furnished, well-located units in this precinct.
The value of this unit may be shaped by its exact aspect and view corridor, which are not confirmed but could significantly differentiate it from lower-floor or less favourably oriented apartments in the same building. Body corporate fees are a recurring cost that buyers should weigh, as premium towers with extensive amenities typically carry higher levies, and these may influence long-term holding costs. The rental market for this type of property appears robust, but short-stay or holiday-style demand could introduce turnover variability, so a buyer should clarify the building’s letting policies and any restrictions before committing. The broader apartment market cycle in Broadbeach may also affect resale timing, though the modern build and high-floor position provide a degree of resilience.
|| Comparable Sales: 1703 in same building sold at $1.952M; 502 in same building marketed at $1.2K–$1.3K weekly rent | Property Price Band: $1.3M–$1.4M | Value Drivers: high-floor position, modern 2021 build, premium coastal amenity package
Detailed Independent Property Report prepared by PropCred Analyst team for 1702/28-30 Second Avenue, Broadbeach QLD 4218
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
1
Income Risk
Execution Risk
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Market Insight
Broadbeach is the Gold Coast’s cosmopolitan heart, anchored by the Convention Centre, Pacific Fair, and strong walkability. Demand comes from local and interstate buyers seeking a premium coastal lifestyle, alongside downsizers competing for limited family-sized stock. Median house prices are $1.185 million, up 24.7% annually; median unit prices are $1.025 million, up 10.27%. Houses sell in a median 23 days, and weekly rents are $828 for houses and $850 for units. Sustained demand and limited land availability support values, with a surge in three-bedroom sky homes (over 45% in some buildings) reflecting the missing middle. Risks include affordability – many coastal homes exceed $1.5 million – and interest-rate sensitivity.
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PropCred Estimated Value
Comparable Sales: 1703 in same building sold at $1.952M; 502 in same building marketed at $1.2K–$1.3K weekly rent | Property Price Band: $1.3M–$1.4M | Value Drivers: high-floor position, modern 2021 build, premium coastal amenity package
Bedrooms
2
Bathroom
2
Parking
1
Land
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