SOLD
Sold on 11 Jul 2024 for $1,055,250

1/118 Old Burleigh Road
Broadbeach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 82m2
Land area: 44m2
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Property Details for 1/118 Old Burleigh Rd, Broadbeach

1/118 Old Burleigh Rd, Broadbeach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 44m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Broadbeach in the last 12 months.

Building Type
Unit
Year Built
1960
Floor Size
82m2
Land Size
44m2
Local Government
Gold Coast City
Lot/Plan
1/BUP11942

Last Listing description (July 2020)

Imagine owning a beach pad right across the street from some of the best beaches in the world.Situated in a two story walk up this two level home is screaming out for a new owner.Imagine falling asleep to the soothing sound of the sea and awaking to ocean views from your bed.Oozing and ripe with re-development potential, blocks just like this are being acquired by developers all over the Coast to build new high-rises.* 690 sqm corner block large enough to build 15 stories plus* Only 8 units in the block - Low BC* Incredible ocean views from your private balcony and main room* Recently renovated - nothing needed but a new owner* Minutes' walk to the heart of Broadbeach Cafe & restaurant precinct* Public transport on your doorstep* Two level apartment - ground floor living and rooms upstairs* Small private but shared courtyard* Minutes from all your needs* Idea for live in, investor or weekenderMake no mistake, apartments in this position with this potential rarely come to the market and when they do they get snapped up quick!Disclaimer:COVID-19 Disclaimer:All representatives of our agency will conduct open homes and private inspections as per the social distancing rules in accordance with Government guidelines.Advertising Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. * denotes approximate measurements.

Property History for 1/118 Old Burleigh Rd, Broadbeach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$1,055,250
11 Jul 2024
  • 11 Jul 2024
    Sold for $1,055,250
  • 08 May 2020
    Listed for Sale Offers over $525,000
  • 12 Jul 2016
    Sold for $430,000
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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 8,859 properties. Over the last 5 years, Houses in Broadbeach have seen a 92.32% increase in median value, while Units have seen a 91.10% increase. As at 31 October 2024:

  • The median value for Houses in Broadbeach is $1,614,331 while the median value for Units is $1,059,793.
  • Houses have a median rent of $750 while Units have a median rent of $750.
There are currently 137 properties listed for sale, and 22 properties listed for rent in Broadbeach on OnTheHouse. According to CoreLogic's data, 517 properties were sold in the past 12 months in Broadbeach.

Suburb Insights for Broadbeach 4218

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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.