705/9 Hooker Boulevard, Broadbeach Waters QLD 4218
705/9 Hooker Boulevard, Broadbeach Waters QLD 4218
7th-floor SPICE unit | 2/2/1 with views | across from Pacific Fair | canal outlook | flood overlay
A seventh-floor position within the SPICE complex is offered by this apartment, giving a view above rooftops to the canal and city. Two bedrooms, two bathrooms and one car space are configured in a compact layout suited to a professional couple or downsizer seeking lock-and-leave living. The complex is equipped with a lift, lap pool, BBQ lounge and secure parking, so maintenance is kept low and lifestyle is kept high. Placed directly across from Pacific Fair and within a short walk of the light rail and beach precinct, a major convenience advantage is given to this property. This unit is best suited to buyers who value location over internal size, and its rental appeal is strong given the ongoing demand for well-positioned apartments in this corridor.
The flood overlay and the busy road position may be considered as trade-offs by some buyers, while price growth might be limited by the compact internal area. The quality of the views could be affected by the true aspect of the balcony. These factors may be weighed when forming a view on price.
>> Comparable Sales: Unit 303 at 9 Hooker Boulevard sold for $750k | Property Price Band: $800K–$900K | Value Drivers: Canal-city views, 7th-floor position, Pacific Fair proximity
Detailed Independent Property Report prepared by PropCred Analyst team for 705/9 Hooker Boulevard, Broadbeach Waters QLD 4218
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
1
Income Risk
2
Execution Risk
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Market Insight
Broadbeach Waters is a premium Gold Coast canal suburb anchored by waterfront prestige, private jetties, and direct access to Oasis Shopping Centre, Pacific Fair, light rail, and the nearby Convention Centre. Demand comes from affluent professionals aged 40–59, with a median household income of $2,051 per week, seeking a boating lifestyle and high-quality rental appeal. House prices sit at a median of $2.575 million, up 9.6% over the past 12 months, with annual capital growth of 11.36% per alternative data; units are more accessible at $1.06 million, up 10.7% with a 4.5% gross yield versus 2.53% for houses. Growth is supported by infrastructure investment and constrained supply of family-sized stock, but entry prices above $1.5 million create affordability barriers, while low house yields limit cash flow for investors.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
85m²
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