FOR SALE
Under Contract

U7 11-17 Philip Avenue
Broadbeach QLD 4218

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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One Bedroom Apartment in the Heart of Broadbeach

This lovely one-bedroom apartment is nestled in the vibrant heart of Broadbeach, just a leisurely 5-minute stroll from a plethora of local attractions. From the sun-kissed shores of Kurrawa beach to the excitement of The Star Casino, the convenience of Pacific Fair shopping centre, the allure of the Gold Coast Convention Centre, the thrill of Dracula's, and the culinary delights of the Broadbeach restaurant precinct - everything you desire is within reach.
The unit is on the market for the first time.
Ideal for savvy investors, this property boasts lucrative potential with its high holiday rental income, situated in the highly sought-after Aruba Sands Resort. Frequented by holidaymakers, business travellers, and event attendees alike, it promises substantial returns.
Yet, it also offers a tranquil retreat for a discerning owner-occupier or couple. The open-plan layout, coupled with your own private balcony, invites refreshing breezes, and floods the space with natural light.
Key Features:
• Air-conditioned living/dining area; ceiling fan in the bedroom.
• Abundant natural light, creating an airy ambiance.
• Within walking distance of Kurrawa beach, Oasis shopping centre, Pacific Fair shopping centre, and both Broadbeach light rail stations.
• Positioned within a resort complex offering holiday accommodation amenities, including a heated pool and spa.
• Secure underground parking space for peace of mind.
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Property Details for U7 11-17 Philip Avenue, Broadbeach

U7 11-17 Philip Avenue, Broadbeach is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with Australian Property Alliance Management.

Building Type
Apartment

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About Broadbeach 4218

The size of Broadbeach is approximately 1.5 square kilometres. It has 6 parks covering nearly 27.2% of total area. The population of Broadbeach in 2011 was 4,613 people. By 2016 the population was 5,513 showing a population growth of 19.5% in the area during that time. The predominant age group in Broadbeach is 20-29 years. Households in Broadbeach are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Broadbeach work in a professional occupation. In 2011, 40.2% of the homes in Broadbeach were owner-occupied compared with 40.6% in 2016.

Broadbeach has 8,843 properties. Over the last 5 years, Houses in Broadbeach have seen a 69.47% increase in median value, while Units have seen a 89.20% increase. As at 30 September 2024:

  • The median value for Houses in Broadbeach is $1,497,144 while the median value for Units is $1,054,340.
  • Houses have a median rent of $750 while Units have a median rent of $750.
There are currently 95 properties listed for sale, and 23 properties listed for rent in Broadbeach on OnTheHouse. According to CoreLogic's data, 480 properties were sold in the past 12 months in Broadbeach.

Suburb Insights for Broadbeach 4218

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Michelle Chen
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Australian Property Alliance Management
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.