Clear Island Waters
Tightly held prestige — $2.28M median house price, 75% owner-occupied, just 56 house sales a year.
Clear Island Waters (QLD 4226) is one of the Gold Coast's most tightly held addresses. CoreLogic data for the 12 months to March 2026 shows a median house price of $2.28M, up 6.1% year-on-year with average annual growth of 12.8%, across just 56 house sales — vacancy sits below 1% and stock on market is among the Coast's lowest. Units median $982,500 (+6.8%). Autumn 2026 results underline the depth of demand: 12 San Simeon Drive sold for $3.39M in April, 26 Santabelle Crescent for $3.2M in May and 10 San Simeon Drive for $3.1M. Homes are selling in around 38 days.
Recent Notable Sales
- 12 San Simeon Drive — $3.39M (April 2026)
- 26 Santabelle Crescent — $3.2M (May 2026)
- 10 San Simeon Drive — $3.1M (April 2026)
- 8 Santabelle Crescent — $2.70M (April 2026)
Rental Market & Investment
Houses rent for a median of $1,475 per week (3.3% gross yield) and units $715 per week (4.6%), with vacancy below 1% and stock on market at just 0.36% — about 0.8 months of inventory. For investors, scarcity does the heavy lifting: there is simply never much for sale.
Demographics & Community
Clear Island Waters' 4,395 residents have a median age of 50 — a mature, established community where 44.9% of homes are owned outright and roughly 75% are owner-occupied. People buy here and stay.
Lifestyle & Amenities
Gated waterfront enclaves such as Clear Water Bay Avenue and Island Quays sit alongside navigable canals and lakes, with ten parks covering 16% of the suburb — the highest green-space ratio in the area. The Surfers Paradise Golf Club borders the suburb, and Q Super Centre and Pacific Fair are five minutes away.
Schools & Education
St Vincent's Catholic Primary sits within the suburb, the Merrimac state catchments serve local families, and Somerset College and All Saints are nearby.
Performance Outlook
From around $1.01M in 2016 to $2.28M in 2026, the suburb has compounded near 9.6% a year for a decade. With only 56 house sales annually, sub-1% vacancy and autumn 2026 results clustering above $3M, Clear Island Waters remains the definition of a tightly held prestige market.
Market Snapshot
Price Performance
Location
Frequently Asked Questions
What is the median house price in Clear Island Waters?
The median house price is $2.28M (CoreLogic, 12 months to March 2026), up 6.1% year-on-year with average annual growth of 12.8%. Units median $982,500, up 6.8%.
Why is Clear Island Waters considered tightly held?
Only about 56 houses change hands a year, vacancy sits below 1%, and stock on market is just 0.36% — roughly 0.8 months of inventory. Around 75% of homes are owner-occupied and 44.9% are owned outright; people buy here and stay.
Is Clear Island Waters a good investment?
From around $1.01M in 2016 to $2.28M in 2026, the suburb has compounded near 9.6% a year. Scarcity does the heavy lifting: there is rarely much for sale, and autumn 2026 sales clustered above $3M. Gross yields are 3.3% for houses and 4.6% for units.
What schools are near Clear Island Waters?
St Vincent's Catholic Primary sits within the suburb, the Merrimac state catchments serve local families, and Somerset College and All Saints Anglican School are nearby.
What is the lifestyle like in Clear Island Waters?
Gated waterfront enclaves such as Clear Water Bay Avenue and Island Quays sit alongside navigable canals and lakes, with ten parks covering 16% of the suburb — the highest green-space ratio in the area. The Surfers Paradise Golf Club borders the suburb, and Q Super Centre and Pacific Fair are five minutes away.
What are the best streets in Clear Island Waters?
San Simeon Drive and Santabelle Crescent have led recent prestige sales (12 San Simeon Drive at $3.39M, 26 Santabelle Crescent at $3.2M), while gated waterfront enclaves such as Clear Water Bay Avenue and Island Quays are the most tightly held addresses.
Who can help me buy or sell prestige property in Clear Island Waters?
GC Prestige is a bespoke Gold Coast real estate agency specialising in tightly held prestige homes in Clear Island Waters, typically selling by tailored Expression of Interest campaigns. Request a complimentary appraisal at gcprestige.au or call 1300 937 981.