SOLD
RECENT ADVICE
Sold on 22 Aug 2024 for $699,000

5/38 Chelsea Avenue
Broadbeach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 5/38 Chelsea Ave, Broadbeach

5/38 Chelsea Ave, Broadbeach is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Apartment sold in Broadbeach in the last 12 months.

Building Type
Apartment
Local Government
Gold Coast City
Lot/Plan
5/BUP4315

Last Listing description (August 2024)

Located in the 'Ivy Court' complex is this north facing, 2 bedroom 1 bathroom apartment, that is just waiting for its new tenant. There is a roomy open plan living and dining area and balcony facing north, the modern kitchen has plenty of cupboards and bench space. Each bedroom is spacious, with a built-in robe. A combined bathroom and laundry complete with separate linen cupboard. Lock up garage underground for one car.

Features:
* Unfurnished

* 2 Spacious bedrooms with built in robes
* Renovated bathroom with combined laundry
* Modern Kitchen
* North facing balcony
* Secure basement car space
* Small block of six units in a secure 3 storey walk up
* Minutes to great shopping at Pacific Fair
* 250m from the beach

Ivy Court is situated in a great location, the Broadbeach Bowls Club and Broadbeach Surf Life Saving Club are across the road and shops, restaurants, retail and cafes at both Broadbeach and Surfers Paradise are approximately a 10 minutes' walk in either direction. Pacific Fair Shopping Centre, Oasis Centre and the G Rail (light rail) is close by, which allows for access Brisbane, Gold Coast University and Gold Coast Uni Hospital.

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Property History for 5/38 Chelsea Ave, Broadbeach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$699,000
22 Aug 2024
Listed for Rent
$750/w
09 Sep 2024
  • 22 Aug 2024
    Sold for $699,000
  • 31 Jul 2024
    Listed for Sale Under Contract
  • 28 Aug 2023
    Listed for Rent $750 / week
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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 134 properties listed for sale, and 21 properties listed for rent in Broadbeach on OnTheHouse. According to CoreLogic's data, 518 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.