21/2729 Gold Coast Highway, Broadbeach QLD 4218
21/2729 Gold Coast Highway, Broadbeach QLD 4218
High-rise apartment | 2–3 bed layouts | ocean and city views | resort amenities | flood overlay noted
This property holds genuine competitive strength in Broadbeach’s apartment market. The unit configurations are generous compared to newer compact stock, with floor areas from 102m² to 138m² supporting comfortable permanent living rather than pure investment boxes. East and north-east orientations capture ocean, river, and hinterland views, which materially differentiate value across floors and stacks. The building’s resort-style facilities—infinity pool, spa, gym, observation deck—position it toward the premium end of local supply. It serves owner-occupiers seeking lock-up-and-leave coastal living, downsizers wanting walkability to light rail, beach, Pacific Fair, and dining, plus investors attracted to dual leasing models. The 2014 build era means modern construction standards without excessive age-related maintenance concerns.
The flood overlay on the lot is the most significant factor to weigh, as it may affect insurance premiums and lending appetite, though it does not necessarily constrain the property’s liveability or resale demand. Value dispersion within the tower is steep: higher floors with unobstructed views command substantial premiums over lower stacks, and renovated interiors with stone benchtops, quality appliances, and 2.5m ceilings outperform dated finishes. Parking configuration—one or two secure spaces—also influences buyer pool, particularly for families or investors targeting long-term tenants. The light rail proximity is a durable infrastructure advantage that supports both rental demand and capital stability. These factors, combined with the building’s active transaction history, suggest pricing will hinge on view quality, floor level, and interior condition more than on suburb-wide trends.
|| Comparable Sales: 2-bed unit sold $805,000; 3-bed renovated unit listed $1.7M+ | Property Price Band: $800K–$1.7M | Value Drivers: floor level and view orientation, renovation quality, parking allocation
Detailed Independent Property Report prepared by PropCred Analyst team for 21/2729 Gold Coast Highway, Broadbeach QLD 4218
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
2
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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: 2-bed unit sold $805,000; 3-bed renovated unit listed $1.7M+ | Property Price Band: $800K–$1.7M | Value Drivers: floor level and view orientation, renovation quality, parking allocation
Bedrooms
2
Bathroom
2
Parking
1
Land
1859m²
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