SOLD
Sold on 20 Sep 2024 for $540,000

7/11-17 Philip Avenue
Broadbeach QLD 4218

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 53m2
Land area: 965m2
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Property Details for 7/11-17 Philip Ave, Broadbeach

7/11-17 Philip Ave, Broadbeach is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1997. The property has a land size of 965m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 1 bedroom Unit sold in Broadbeach in the last 12 months.

Building Type
Unit
Year Built
1997
Floor Size
53m2
Land Size
965m2
Local Government
Gold Coast City
Lot/Plan
7/BUP105573

Last Listing description (September 2024)

This lovely one-bedroom apartment is nestled in the vibrant heart of Broadbeach, just a leisurely 5-minute stroll from a plethora of local attractions. From the sun-kissed shores of Kurrawa beach to the excitement of The Star Casino, the convenience of Pacific Fair shopping centre, the allure of the Gold Coast Convention Centre, the thrill of Dracula's, and the culinary delights of the Broadbeach restaurant precinct - everything you desire is within reach.

The unit is on the market for the first time.

Ideal for savvy investors, this property boasts lucrative potential with its high holiday rental income, situated in the highly sought-after Aruba Sands Resort. Frequented by holidaymakers, business travellers, and event attendees alike, it promises substantial returns.

Yet, it also offers a tranquil retreat for a discerning owner-occupier or couple. The open-plan layout, coupled with your own private balcony, invites refreshing breezes, and floods the space with natural light.

Key Features:
Air-conditioned living/dining area; ceiling fan in the bedroom.
Abundant natural light, creating an airy ambiance.
Within walking distance of Kurrawa beach, Oasis shopping centre, Pacific Fair shopping centre, and both Broadbeach light rail stations.
Positioned within a resort complex offering holiday accommodation amenities, including a heated pool and spa.
Secure underground parking space for peace of mind.

For further information or to schedule a viewing, please contact Michelle at 0488 180 668.

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Property History for 7/11-17 Philip Ave, Broadbeach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$540,000
20 Sep 2024
  • 20 Sep 2024
    Sold for $540,000
  • 31 May 2024
    Listed for Sale Offers over $550,000
  • 04 Apr 1997
    Sold for $235,000
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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 8,858 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 136 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.

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