SOLD
Sold on 12 Aug 2024 for $510,000

17/48-54 Stanhill Drive
Surfers Paradise QLD 4217

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 42m2
Land area: 49m2
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Property Details for 17/48-54 Stanhill Dr, Surfers Paradise

17/48-54 Stanhill Dr, Surfers Paradise is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 49m2 and floor size of 42m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Unit sold in Surfers Paradise in the last 12 months.

Building Type
Unit
Year Built
1998
Floor Size
42m2
Land Size
49m2
Local Government
Gold Coast City
Lot/Plan
17/SP103553

Last Listing description (February 2018)

URGENT SALE! PRICE SLASHED!
With the Commonwealth games just around the corner, here is a brilliant opportunity for the astute investor.
Located on the first floor of this 'Holiday Let' building comes this lovely fully furnished, 1 bedroom unit. North facing balcony and secure parking for 1 car. Air conditioning and a separate laundry.

Bodycorporate is a low $73p/w. Permanent rental would be circa $330-340p/w but holiday rental could bring even higher returns especially over the next few months.
Only a 5 minute stroll to the heart of Surfers Paradise and it's magnificent beach.
Excellent occupancy rates and extremely well run building.

Property History for 17/48-54 Stanhill Dr, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$510,000
12 Aug 2024
  • 12 Aug 2024
    Sold for $510,000
  • 12 Dec 2017
    Sold for $202,500
  • 07 Sep 2017
    Listed for Sale Not Disclosed
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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 25,226 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 371 properties listed for sale, and 86 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1587 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.