OFF MARKET

103/8 Philip Avenue
Broadbeach QLD 4218

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
Land area: 892m2
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Last updated 11 Nov 2024
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Property Details for 103/8 Philip Ave, Broadbeach

103/8 Philip Ave, Broadbeach is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 1998. The property has a land size of 892m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
House
Year Built
1998
Floor Size
52m2
Land Size
892m2
Local Government
Gold Coast City
Lot/Plan
103/SP112507

Last Listing description (November 2015)

Great value 1 bedroom apartment with a huge ground floor deck area, makes this apartment unique in Broadbeach.
Located in one of the best managed & reviewed buildings on the Gold Coast, this apartment is fully furnished, with a secure basement car park combined with an average occupancy rate of 90% makes this, one of the best investments available in Broadbeach.
The Ritz Resort only has two, 1 bedroom apartments & has a heated swimming pool & 2 heated spas with one located on the roof with a BBQ area as well. It's no wonder as to why this building & this unit in particular rent so well.

- 1 Bedroom
- Spacious storage robe
- Brand new reverse cycle Air Conditioner
- Fully furnished
- 90% Occupancy
- Full washer & Dryer
- Sunny Northerly aspect
- HUGE ground floor deck
- Full kitchen & appliances

Great central location to the Tram, Pacific Fair, Casino, Kurrawa Beach & Convention Centre.
If you're looking for a modestly priced investment unit, with strong returns AND located in the best suburb of the Gold Coast that is primed to reap the benefits of the 2018 Commonwealth Games & over a BILIION dollars of investment in the next 18 months, then you can't go past this apartment. Call me, David Macklin directly on 0430 298771 to see when the apartment is able to be viewed.

Property History for 103/8 Philip Ave, Broadbeach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$335,000
18 Feb 2021
Listed for Rent
$300/w
15 Sep 2012
  • 18 Feb 2021
    Sold for $335,000
  • 25 Aug 2015
    Listed for Sale Not Disclosed
  • 11 Sep 2012
    Listed for Rent - Price not available
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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 8,860 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 138 properties listed for sale, and 23 properties listed for rent in Broadbeach on OnTheHouse. According to CoreLogic's data, 516 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.