FOR SALE
$640,000

5/16 Monaco Street
Surfers Paradise QLD 4217

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
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Nestled at the quiet end of Monaco Street, this charming apartment is just a stone's throw from Surfers Paradise and Broadbeach, offering a prime Gold Coast lifestyle. Set at the top of the building, this top floor unit provides a serene and private living space in a small complex of 8. The well-designed layout includes an open kitchen and dining area that flows seamlessly into a sunlit living room. One of the standout features of this property is its proximity to the Florida Gardens tram stop, making it convenient to explore the entire Gold Coast region.
Key features:
- Two spacious bedrooms
- Versatile bathroom/laundry
- Private outdoor retreat
- Low Body Corporate fees ($55 per week)
- Ideal location between Surfers Paradise and Broadbeach
- Short walk to Florida Gardens tram stop
- Close to beach, dining, and entertainment options
- Secure single garage with storage
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Property Details for 5/16 Monaco St, Surfers Paradise

5/16 Monaco St, Surfers Paradise is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. The place is currently for sale with Ray White Robina.

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About Surfers Paradise 4217

The size of Surfers Paradise is approximately 6.3 square kilometres. It has 20 parks covering nearly 7.3% of total area. The population of Surfers Paradise in 2011 was 19,668 people. By 2016 the population was 23,688 showing a population growth of 20.4% in the area during that time. The predominant age group in Surfers Paradise is 20-29 years. Households in Surfers Paradise are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Surfers Paradise work in a professional occupation. In 2011, 41.5% of the homes in Surfers Paradise were owner-occupied compared with 39.9% in 2016.

Surfers Paradise has 25,312 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 58.55% increase in median value, while Units have seen a 85.52% increase. As at 31 July 2024:

  • The median value for Houses in Surfers Paradise is $2,376,577 while the median value for Units is $727,822.
  • Houses have a median rent of $850 while Units have a median rent of $650.
There are currently 326 properties listed for sale, and 106 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1674 properties were sold in the past 12 months in Surfers paradise.

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Ray White Robina
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