24 Maureen Court, Broadbeach Waters QLD 4218
24 Maureen Court, Broadbeach Waters QLD 4218
Waterfront residence | 4-bed 4-bath house | 27.8m river frontage | In-ground pool | Broadbeach Waters
This property presents a rare, fully-configured waterfront home on a generous lot, offering immediate utility and scarcity value. The four bedrooms each with an ensuite, dual living areas, and extensive outdoor amenities including a pool and deck create a turnkey family or entertainer’s residence in a high-demand canal locale. It best serves an owner-occupier seeking a premium lifestyle or a buyer capitalizing on the enduring appeal of Gold Coast waterfront living, supported by strong school catchments.
The central decision hinges on verifying the dramatic reconfiguration from its 2024 sale and understanding the flood overlay’s practical and insurance implications. The substantial price increase demands a rigorous, independent valuation to justify the premium. Proceed only with a definitive building inspection and flood impact report, positioning this as a long-term hold to amortize the entry cost over the property’s irreplaceable attributes.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Broadbeach Waters is an exclusive Gold Coast canal suburb positioned for affluent buyers seeking a premium waterfront lifestyle. Demand is driven by professionals and established high-income households drawn to its private jetties, boating access, and proximity to Oasis Shopping Centre and Pacific Fair. The median house price, between $1.835M and $2.575M, has seen strong annual growth of 9.6% to 14.88%, reflecting a tight, high-value market. Future growth is anchored in its limited luxury stock and central infrastructure, though high entry prices and low rental yields around 2.53% for houses present affordability and cash flow constraints.