1/12 Markwell AvenueSurfers Paradise QLD 4217
Property Details for 1/12 Markwell Ave, Surfers Paradise
1/12 Markwell Ave, Surfers Paradise is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a floor size of 41m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 1 bedroom Unit sold in Surfers Paradise in the last 12 months.
Last Listing description (October 2024)
This is a rare opportunity to own a piece of prime real estate in the globally renowned Surfers Paradise at an unbeatable price! Perfect for investors or first-home buyers looking to enter the market and add value.
Beyond its remarkable beachside location, this property is primed for future development or redevelopment. It's near the beach, a lively local area hints at promising possibilities for your investment portfolio.
Check out what this property has to offer:
• Open design Lounge Room & Kitchen
• Aspect: Ground floor, Sunny North-facing
• Off-Street Parking
• Walking Distance to Beach, Shops, and Restaurants
• Distance to beach: 125m
Property Details Approx.:
• Body Corp Fees: $78.00 Per Week
• Rental Estimate: $430.00-$450.00 Per Week
• Rates: $1501.00 Biannually
• Unimproved Capital Value: $1,650,000 (Land)
This ground floor gem at is a hot ticket for investors looking to make waves. Don't miss your chance to seize this rare opportunity.
Got questions or want to see it in person?
Contact Maxwell Hooper at 0401 373 369.
Property History for 1/12 Markwell Ave, Surfers Paradise, QLD 4217
- 24 Oct 2024Sold for $472,500
- 16 Jul 2024Listed for Sale $449,000 - $489,000
- 20 Apr 2018Listed for Rent $265 / week
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About Surfers Paradise 4217
The size of Surfers Paradise is approximately 6.3 square kilometres. It has 20 parks covering nearly 7.3% of total area. The population of Surfers Paradise in 2011 was 19,668 people. By 2016 the population was 23,688 showing a population growth of 20.4% in the area during that time. The predominant age group in Surfers Paradise is 20-29 years. Households in Surfers Paradise are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Surfers Paradise work in a professional occupation. In 2011, 41.5% of the homes in Surfers Paradise were owner-occupied compared with 39.9% in 2016.
Surfers Paradise has 25,212 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 72.39% increase in median value, while Units have seen a 98.47% increase. As at 31 October 2024:
- The median value for Houses in Surfers Paradise is $2,308,496 while the median value for Units is $767,523.
- Houses have a median rent of $750 while Units have a median rent of $673.
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