1-3/40 Australia Ave, Broadbeach, QLD 4218 | Property Value & History | OnTheHouse
 
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Australia Avenue
Broadbeach QLD 4218

Bedrooms: 7
Bathrooms: 5
Car spaces: 4
Land area: 617m2
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Last updated 12 Jan 2026
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Property Details for 1-3/40 Australia Ave, Broadbeach

1-3/40 Australia Ave, Broadbeach is a 7 bedroom, 5 bathroom House with 4 parking spaces. The property has a land size of 617m2.

Building Type
House
Land Size
617m2
Local Government
Gold Coast City

Last Listing description (March 2025)

Entire Block to be Sold in ONE LINE

This offering represents an exciting opportunity for developers or investors to acquire a prime parcel of land with three (3) units within the heart of Broadbeach.

The property consists of:

? 2 x 2 bedroom/1 bathroom units ( ground floor and 2nd floor apartment)
? 1 x 3 bedroom/2 bathroom ground floor detached dwelling (located at the front of the complex)
? 2 x SLUG garage - one each for the 2 bedroom units
? Triple carport parking with separate driveway designated for 3 bedroom/2 bathroom dwelling
? Site area 617sqm flat useable land
? Zoned RD8 High Density Residential

The property is fully leased with long term tenants in place who are all interested in staying on with new owners. The current owners have opted for long term tenants who have looked after their respective rental property over raising rents per tenancy renewal.

Unit 1 - Lease expiry 18.07.24
Unit 2 - Lease expiry 01.01.25
Unit 3 - Lease expiry 21.07.24

Total rental per week = $1,470 weekly rental

Gold Coast Council Rates
Unit 1 - approximately $2593 per 6 months
Unit 2 - approximately $1871 per 6 months
Unit 3 - approximately $2593 per 6 months

Gold Coast Council Water & Sewerage rates
Unit 1 - approximately $611 per 6 months
Unit 2 - approximately $501 per 6 months
Unit 3 - approximately $611 per 6 months

Presenting a wealth of opportunity to create a multi residential development (STCA) or land bank and keep generating the weekly rent. With seamless connectivity to major transport routes such as the M1 and the light rail, residents enjoy proximity to Pacific Fair Shopping Centre, The Star Casino, Broadbeach restaurants and nightlife culture and of course the famous golden sands of Broadbeach Beach.

The area is ever changing with demand in the area soaring for beachside apartments on the Eastern side of GC Highway. The location benefits from significant value adding proposition through re-negotiations of rents, and/or future re-development upside (STCA)

Amenities are within a stroll of the location including Oasis, Pacific Fair Shopping Centre, Medical centres and other specialty stores including trendy cafes and vibrant food and nightlife culture in the Broadbeach precinct.

Contact agent for an information pack and expression form.

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Property History for 1-3/40 Australia Ave, Broadbeach, QLD 4218

A timeline of how this property has performed in the market
  • 10 Apr 2024
    Listed for Sale Expressions Of Interest
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About Broadbeach 4218

The size of Broadbeach is approximately 1.5 square kilometres. It has 6 parks covering nearly 27.2% of total area. The population of Broadbeach in 2016 was 5514 people. By 2021 the population was 6786 showing a population growth of 23.1% in the area during that time. The predominant age group in Broadbeach is 30-39 years. Households in Broadbeach are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Broadbeach work in a professional occupation.In 2021, 46.80% of the homes in Broadbeach were owner-occupied compared with 40.60% in 2016.

Broadbeach has 9,597 properties. Over the last 5 years, Houses in Broadbeach have seen a 84.91% increase in median value, while Units have seen a 102.10% increase. As at 31 December 2025:

  • The median value for Houses in Broadbeach is $1,806,002 while the median value for Units is $1,179,210.
  • Houses have a median rent of $790 while Units have a median rent of $850.
There are currently 90 properties listed for sale, and 19 properties listed for rent in Broadbeach on OnTheHouse. According to Cotality's data, 479 properties were sold in the past 12 months in Broadbeach.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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