OFF MARKET

1603/18 Cypress Avenue
Surfers Paradise QLD 4217

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 102m2
Land area: 708m2
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Property Details for 1603/18 Cypress Ave, Surfers Paradise

1603/18 Cypress Ave, Surfers Paradise is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2006. The property has a land size of 708m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in September 2020.

Building Type
Unit
Year Built
2006
Floor Size
102m2
Land Size
708m2
Local Government
Gold Coast City
Lot/Plan
1603/SP172325

Last Listing description (October 2020)

This tastefully renovated executive apartment in a boutique block showcases quality design and detail throughout. Almost every inch of this apartment has been renovated with love and care and it strikes the perfect balance between contemporary style and relaxed coastal living. Located on the corner of Budds beach - one of the coast most sought after beachside suburbs. What you'll love most is the brand spanking new interiors which are awash with light and ocean breezes, thanks to its elevated setting. Free -flowing living and dining space showcasing beautiful timber floors and offering a comfortable space for everyday living as well as weekend entertaining. 2 Bedroom 2 Bathroom 2 Car Parks 124sqm 16th Floor Low Body Corporate Exclusive North East Facing Open-plan living and dining space flowing to a northerly entertainers terrace Well-appointed kitchen featuring updated cabinetry, stainless appliances and stone benches Spacious master bedroom is private with large walk in robe & deluxe ensuite Modern bathroom with separate bath, Separate laundry and abundant storage Secure intercom lift access and security under-building parking Split system air-conditioning throughout, pet friendly building subject to approval Facilities Include: Indoor Pool and Spa, Sauna, Gymnasium, BBQ, Underground Secure Parking and excellent on-site managers Returns: Approx $600+ P/wk.Body Corporate: Approx $109 P/wk.Rates & Water: Approx $55 P/wk.

Property History for 1603/18 Cypress Ave, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$440,000
07 Sep 2020
  • 07 Sep 2020
    Sold for $440,000
  • 13 Aug 2020
    Listed for Sale $499,000
  • 03 Jan 2019
    Listed for Sale $520,000+
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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 25,312 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 58.55% increase in median value, while Units have seen a 85.52% increase. As at 31 July 2024:

  • The median value for Houses in Surfers Paradise is $2,376,577 while the median value for Units is $727,822.
  • Houses have a median rent of $850 while Units have a median rent of $650.
There are currently 326 properties listed for sale, and 107 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1670 properties were sold in the past 12 months in Surfers paradise.

Suburb Insights for Surfers Paradise 4217

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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.