119/2729 Gold Coast Highway, Broadbeach QLD 4218
119/2729 Gold Coast Highway, Broadbeach QLD 4218
Spacious 3-bed apartment | Premium Broadbeach high-rise | 2-car secure parking | Flood overlay noted | Large 146m² floorplan
This is a genuinely large apartment for Broadbeach, where most high-rise stock skews toward one and two-bedroom layouts. The 146m² internal area, combined with two bathrooms and two secure car spaces, positions it as a family-capable or downsizer-friendly option in a precinct dominated by investor-grade units. The Synergy complex itself is modern, with resort-style amenities and a walkable position near the beach, dining, and light rail. That combination—size, parking, and building quality—puts this property in the upper tier of Broadbeach apartment living, appealing most to owner-occupiers seeking a low-maintenance coastal home without sacrificing space.
The flood overlay is the primary constraint here, and while it doesn’t necessarily impact current use, it could affect future renovations or insurance considerations. The property’s value may also be influenced by its floor level and aspect, which are not confirmed—views and orientation are significant price drivers in this tower. The 2014 stage approval suggests a mid-2010s build, so the property is relatively young, but the exact condition and any upgrades beyond original spec remain unknown. Buyers should weigh the premium pricing against the flood overlay and the need to verify the unit’s specific position within the building.
Detailed Independent Property Report prepared by PropCred Analyst team for 119/2729 Gold Coast Highway, Broadbeach QLD 4218
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
Income Risk
2
Execution Risk
1
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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: Similar 3-bed units in this complex have transacted around $1.7M–$1.75M | Property Price Band: $1.7M–$1.8M | Value Drivers: Floor level and views, internal size and layout, building amenities and age
Bedrooms
3
Bathroom
2
Parking
2
Land
1859m²
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