Broadbeach Waters at a glance
9,122
People
$2,550,000
Median sale
$1,258/wk
Median rent
2.57%
Suburb gross yield
Median sale from 93 recorded sales (last 12 months) — a Districts calculation.
QLD › Broadbeach Waters › Savoy Dr
$2,810,000
Last sold
28 Nov 2024
4
Bedrooms
3
Bathrooms
2
Car spaces
794 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$2,810,000
28 Nov 2024 · derived via latest_sale
Local land rate: recorded House sales in Broadbeach Waters (last 5 years) with land size have a median of $3,754/m² of land (n=102). Districts calculation from recorded sales — not a valuation.
Broadbeach Waters at a glance
9,122
People
$2,550,000
Median sale
$1,258/wk
Median rent
2.57%
Suburb gross yield
Median sale from 93 recorded sales (last 12 months) — a Districts calculation.
Vs Broadbeach Waters
+10.2%
Median sale
Suburb $2,550,000
-0.24 pp
Gross yield
Suburb 2.57%
Suburb median $2,550,000 from 93 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $1,258/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Broadbeach Waters at a glance
9,122
People
$2,550,000
Median sale
$1,258/wk
Median rent
2.57%
Suburb gross yield
Median sale from 93 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by John Reid Real EstateWelcome to 23 Savoy Drive, Broadbeach Waters, where convenience and luxury unite in a stunning single-level retreat, perfectly suited for those seeking an easy, walk-everywhere lifestyle. This exquisite waterfront property is tucked away in the serene Florida Gardens, offering you the best of Broadbeach living.
This meticulously designed home seamlessly blends natural stone and rich timber accents with lush greenery, creating an inviting ambiance throughout. With four spacious bedrooms, including a private master suite with a luxurious ensuite, walk-in robe, and exclusive terrace, this home promises comfort and privacy. The additional guest retreat features its own elegant ensuite, while two more bedrooms include built-in study nooks and wardrobes, ideal for families or guests.
The thoughtfully crafted floor plan guides you through a landscaped glass passageway to the heart of the home—an open-plan living, kitchen, and dining area. The gourmet kitchen boasts European appliances, Caesarstone countertops, and a striking Venetian concrete island, making it a culinary haven.
Seamlessly transition between indoor and outdoor living through expansive glass sliding doors that open to your private paradise. Enjoy the north-east facing outdoor entertaining area, complete with a covered alfresco, outdoor kitchen, and lush garden shaded by a canopy of trees. Relax by the Grecian pool or head to the waterfront deck with a fire pit for breathtaking sunsets and cozy gatherings.
This home not only offers luxurious living but also the convenience of being close to shops, cafes, and parks, ensuring you can enjoy a vibrant walkable lifestyle. Embrace the perfect blend of elegance and accessibility in your new waterfront sanctuary.
Property Features
- 4 Bedrooms, 3.5 Bathrooms, 2 car garage
- Enjoy a fantastic coastal lifestyle with multiple indoor and outdoor living spaces—perfect for entertaining.
- Seamlessly blend elegance and functionality with a stunning single-level floor plan.
- Luxurious master suite featuring an ensuite, walk-in robe, and private balcony with gardens.
- Guest retreat with its own ensuite, plus two additional bedrooms equipped with built-in robes and study nooks.
- Exquisite gourmet kitchen with premium European appliances, a butler's pantry, a striking solid concrete Venetian island bench, and beautiful white stone countertops.
- North-east facing outdoor entertainment area, complete with an outdoor kitchen, built-in seating, BBQ, and a spacious yard shaded by a magnificent feature tree.
- Additional outdoor entertaining options include a sparkling Grecian pool with travertine tiles and a waterfront deck with a firepit.
- Located in the exclusive Florida Gardens, a secluded yet central area with an unparalleled community atmosphere.
- Just minutes away from Broadbeach and Surfers Paradise, with easy access to Pacific Fair Shopping Centre, Broadbeach & Surfers Paradise restaurant and entertainment precincts, The Langham, gourmet dining, local surf clubs, and theme parks.
- Proximity to local schools, including The Southport School, Merrimac State High School, St. Hilda's School, Surfers Paradise State School, and Broadbeach State School.
- With the Gold Coast Light Rail extension set for completion in 2025, you'll have access to the entire Gold Coast right at your doorstep.
Suburb profile:
The heart and soul of the Gold Coast. Home to world famous beaches, leafy parks, a multitude of dining, cafés and nightlife options, shopping mecca - Pacific Fair and The Star Casino. Broadbeach is within walking distance to everything – you won't need your car; Broadbeach Waters is perfect for those who like to live close to the 'action' but also far enough to enjoy a more quiet, tranquil location. The waterfront properties offer direct ocean access, ideal for water enthusiasts. Multiple Primary and Secondary schools and lots of great local gems provide a friendly community feel.
Disclaimer: Whilst every effort has been made to ensure the accuracy of the above and attached information, no warranty is given by the agent, agency or vendor as to their accuracy. Interested parties should not rely on this information as representations of fact but must instead satisfy themselves by inspection or otherwise. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Listing description written by Trent Reid, John Reid Real Estate — reproduced as published, not verified by Districts.