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Suburb spotlight on: Broadbeach Waters
Where 276 properties sold in the last 12 months
The value in the Broadbeach Waters property market has increased exponentially over recent years. In fact, Domain data shows that the median house price has increased from around $830,000 in 2015, to where it sits today at $1.1 million.
Let’s look at the top market share positions today. Harcourts holds the highest market share with 14 per cent. First National sits at 4 per cent and both McGrath and Professionals hold 2 per cent.
With 74 per cent of residents owner occupiers and nearly 45 per cent of sales over the past year achieving a price over $1 million, there’s no doubt that Broadbeach Waters can be a lucrative market for a savvy sales business.
The opportunity to open a business in the heart of Broadbeach Waters is with Ray White. If it’s an area of interest for you, we can help you build a competitive business. Talk to us today.