SOLD
Sold on 20 Mar 2024 for $680,000

42/36 Australia Avenue
Broadbeach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 103m2
Land area: 2809m2
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Property Details for 42/36 Australia Ave, Broadbeach

42/36 Australia Ave, Broadbeach is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 2809m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Broadbeach in the last 12 months.

Building Type
Unit
Year Built
1989
Floor Size
103m2
Land Size
2809m2
Local Government
Gold Coast City
Lot/Plan
42/BUP8984

Last Listing description (April 2024)

This superb apartment is located only 240m to the beach plus the heart of Broadbeach's caf and dining precinct, light rail system, Star Casino, Convention Center and so much more.

Apartment 42 in "Markham Court" has direct access from Surf Parade is positioned on the first floor, a two bed, two bath unit. Very spacious and open plan living with a large balcony where you can sit and enjoy the viewing overlooking the majestic gardens and pool area.

Nothing to do but enjoy this amazing property, ideal for first home buyers or astute investors.

Property and Location Features:
- Onsite management
- Can be rented short term (AIR BNB or Onsite Managers) or long term tenancy
- Currently owner occupied so vacant possession is available
- BBQ and entertainment area
- Heated saltwater swimming pool and spa
- Secure building with intercom
- Secure basement parking
- Very well maintained grounds
- Security screens through-out
- Air-Conditioning in living area
- Fans and built-ins in both bedrooms
- Pet friendly (with body corp approval)
- Rental Appraisal $650 - $670 per week (long term lease)
- Body Corporate approx $4,495.00 per annum
- Rates $1,386.40 per annum

Contact Mario Nagy on 0422 441 611 for an exclusive preview.

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 provided.

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Property History for 42/36 Australia Ave, Broadbeach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$680,000
20 Mar 2024
  • 20 Mar 2024
    Sold for $680,000
  • 14 Mar 2024
    Listed for Sale Under Contract
  • 08 Dec 1988
    Sold for $170,000

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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 8,880 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 29 properties listed for rent in Broadbeach on OnTheHouse. According to CoreLogic's data, 500 properties were sold in the past 12 months in Broadbeach.

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