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Sold on 30 Oct 2024 for $940,000

14/5 Old Burleigh Road
Surfers Paradise QLD 4217

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Property Details for 14/5 Old Burleigh Rd, Surfers Paradise

14/5 Old Burleigh Rd, Surfers Paradise is a 3 bedroom, 2 bathroom Apartment with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom Apartment sold in Surfers Paradise in the last 12 months.

Building Type
Apartment
Local Government
Gold Coast City
Lot/Plan
14/BUP12854

Last Listing description (October 2024)

This oversized three-bedroom apartment has the prime northeast aspect and located on the top floor of 'Paradise Pearl' apartments. With a private outlook, ocean views and a corner position this is the diamond you have been waiting for. This property is set in a boutique block just metres from the beach with plenty of natural light and indoor/outdoor flow to a sunny balcony.
Original interiors are a perfect fit for its laidback beachside setting whilst also offering huge potential to be updated down the track if required.
A true 'lifestyle' position this is an ideal property for owner occupiers or investors alike. Whether you are looking for a beautiful, character-filled home or a blue-chip beachfront investment, you can't go wrong.


Property Highlights:
3 Bedroom 2 Bathroom 2 Car
Master bedroom with walk-through robe and ensuite
Two well-proportioned bedrooms
Spacious bathroom with combined laundry
North/East Facing
High Returns up to $1,250 per week
Low Body Corporate $77 per week
Ocean View & secret locals' pathway to the beach
Walking distance to Broadbeach & local bus stop at your door step
Light-filled living areas, tiled flooring and open plan kitchen
Great investment property offering strong rental yields

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 contained herein.

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Property History for 14/5 Old Burleigh Rd, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$940,000
30 Oct 2024
Listed for Rent
$460/w
10 Oct 2019
  • 30 Oct 2024
    Sold for $940,000
  • 04 Jun 2024
    Listed for Sale $889,000
  • 29 Feb 2024
    Sold for $650,000
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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 25,210 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.
There are currently 344 properties listed for sale, and 98 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1579 properties were sold in the past 12 months in Surfers paradise.

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Katrina Keegan and Penelope Nicholls
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