Clear Island Waters
Tightly held prestige — $2.33M 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. Cotality data for the 12 months to June 2026 shows a median house price of $2.33M, up 5.7% year-on-year, across just 56 house sales, with homes selling in around 37 days. Units median $1.0M (+4.2%). Around 75% of homes are owner-occupied — people buy here and stay — so the few listings that do appear draw a concentrated pool of buyers.
Recent Notable Sales
- 23 San Simeon Drive — $2.90M (June 2026, 904m²)
- 25 Bollard Circuit — $2.8M (September 2026)
- 52 Bollard Circuit — $2.7M (August 2026)
- 92 Santa Cruz Boulevard — $2.3M (June 2026)
Rental Market & Investment
Houses rent for a median of $1,450 per week (3.3% gross yield) and units $730 per week (4.5%). For investors, scarcity does the heavy lifting: with fewer than 100 sales a year across houses and units, there is rarely 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.
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 Anglican School are nearby.
Performance Outlook
From $1.02M in 2016 to $2.33M in 2026, the suburb has compounded at about 8.6% a year for a decade and 78% over the past five years. With only 56 house sales a year, 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 $2.33M (Cotality/CoreLogic, 12 months to June 2026), up 5.7% year-on-year. Units median $1.0M, up 4.2%.
Why is Clear Island Waters considered tightly held?
Only about 56 houses change hands a year, 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 $1.02M in 2016 to $2.33M in 2026, the suburb has compounded at about 8.6% a year. Gross yields are 3.3% for houses and 4.5% for units, and scarcity supports values: there is rarely much for sale.
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, navigable canals and lakes, and ten parks covering 16% of the suburb. 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 Bollard Circuit have led 2026 sales (23 San Simeon Drive at $2.90M), 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.