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AusProp
Investment Brief
Generated 10 July 2026

Benowa

Central Gold Coast · QLD 4217

A leafy central suburb anchored by the Pindara private hospital expansion.

Market snapshot

House
Unit
Median price
$2,050,000
$880,000
Rent / week
$1100/wk
$750/wk
Gross yield
2.79% (GC avg 3.2%)
4.43% (GC avg 4.85%)
Growth (1yr)
+9.5%
+7.0%
Auction clearance53%
Days on market34 days
Vacancy rate2.5%
Active listings49

* Sample market figures for layout testing — live Domain data is wired in before launch.

Supply risk

Medium supply risk1 major DA approved

1 development approval in the pipeline — monitor vacancy rate as new stock lands.

~180
est. new dwellings

Active infrastructure (2)

Pindara Private Hospital RedevelopmentHealth

A multiphase redevelopment of Pindara Private Hospital on Allchurch Avenue, with Stage 1 adding ~50 beds, four operating theatres, an endoscopy unit and a day-oncology unit.

Benowa Gardens Mixed-Use RedevelopmentCommercial

A circa $1 billion masterplan to transform the Benowa Gardens Shopping Centre into a mixed-use urban village with around 413 apartments and upgraded retail, dining, office and medical space.

Planning & commercial signals (1)

Benowa Gardens — $1bn Urban Village Masterplan Approved★ Major

The 17,660sqm Benowa Gardens site at 203 Ashmore Road — previously a Neighbourhood Centre-zoned shopping centre — has had its ~$1bn mixed-use urban village masterplan approved: approximately 413 apartments plus around 10,000sqm of retail and 9,630sqm of office/medical space.

Summary

Benowa has 2 active infrastructure projects, headlined by Pindara Private Hospital Redevelopment (under construction). Investment spans hospital, commercial. The median house price is around $1.58m, with auction clearance steady and days on market falling; gross rental yield is about 3.16%.