69/100 Old Burleigh Road Broadbeach QLD 4218
69/100 Old Burleigh Road Broadbeach QLD 4218
Level 3 apartment in tightly held building | Recently listed March 2026 | Last sale 2009 | $1.918m estimate
PROPERTY INTRO
This two-bedroom, two-bathroom apartment positioned on Level 3 of Oceana on Broadbeach offers 164 square metres of internal living space with dual parking, appealing to investors and owner-occupiers seeking low-maintenance waterside living with established building management in place.
PROPERTY COMMENTARY
The property sits within a established residential complex where comparable units have demonstrated consistent appreciation over recent years. Similar two-bedroom units in the building have sold between 1.57 and 1.6 million, with holding periods ranging from five to seven years and annual growth rates between 11 and 15 percent, suggesting steady if unspectacular performance typical of mid-tier beachside apartments. The building itself shows stability, with 46 percent of residents holding tenure beyond ten years, indicating a mature, settled ownership base rather than high turnover. This long-term occupancy pattern generally correlates with lower volatility and appeals to buyers seeking predictable property behaviour over speculative opportunity.
The three-year tenure data reveals 12 percent turnover, which is measured for this property type and location, suggesting the building maintains reasonable liquidity without constant churning. Access to dual parking and contemporary amenities positions the unit favourably for the demographic typically drawn to beachside apartmentsΒprofessional couples, downsizers, and institutional investors seeking yield with limited maintenance burden. The property’s position on Level 3 provides a middle ground between street-level exposure and premium upper-level positioning, often preferred by owner-occupiers who value both privacy and accessibility. Current listing at 1.918 million reflects the broader Gold Coast apartment market where prices have stabilized following earlier growth cycles, positioning this unit for buyers with practical rather than aspirational motivations.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
BroadbeachΒs demand remains anchored in its beachside lifestyle, convention centre precinct, and Pacific Fair retail/dining precinct, which keep both downsizers and investors chasing walkable, serviced apartments; limited new low-rise supply and rising inner-city tourism returns keep units selling steadily. Buyers are drawn to ongoing rental growth and vacancy tightness even as a wave of large-format Βsky homesΒ sells through scarcity, but they should watch any sharper rate rises, short-stay regulation shifts and the concentrated apartment stock for signs of softening. Prices have been nudging higher over the past six months, with the unit segment still displaying mid- to high-single-digit gains and little sign of a pause as premium offerings remain competitive.