OFF MARKET

18/59A Peninsular Drive
Surfers Paradise QLD 4217

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 435m2
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Property Details for 18/59a Peninsular Dr, Surfers Paradise

18/59a Peninsular Dr, Surfers Paradise is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1967. The property has a land size of 435m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
Unit
Year Built
1967
Floor Size
70m2
Land Size
435m2
Local Government
Gold Coast City
Lot/Plan
18/BUP241

Last Listing description (September 2022)

Be quick to secure this renovated top floor two bedroom unit with a north east aspect featuring amazing city skyline views. The property has been tiled throughout and has a renovated kitchen and bathroom. Perfect for the investor or owner occupier with strong rental returns available and a low body corporate.

Featuring two good sized bedrooms (main with built in wardrobe), a full bathroom as well as a large balcony to capture the cooling breezes, dining and kitchen area. There is a under cover single car spot, the buildings grounds are kept extremely neat and tidy and there is a nice balcony area outside of this unit overlooking the city skyline.

2 bedroom 1 bathroom renovated apartment

Top floor of a 3 story walk up boutique block
Large living and dining area
Great location, walk to everything (beach, light rail, city centre)
Tenanted until 12.5.2022 at $370pw.
Current Rental appraisal $450pw
Body Corp approx. $38pw
Fully Furnished

Property History for 18/59a Peninsular Dr, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$394,000
03 Aug 2022
Listed for Rent
$330/w
06 May 2020
  • 03 Aug 2022
    Sold for $394,000
  • 29 Mar 2022
    Listed for Sale $387,088+
  • 04 Mar 2020
    Listed for Sale $309,000
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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 25,208 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 41.55% increase in median value, while Units have seen a 99.59% increase. As at 30 September 2024:

  • The median value for Houses in Surfers Paradise is $2,203,568 while the median value for Units is $764,508.
  • Houses have a median rent of $750 while Units have a median rent of $650.
There are currently 328 properties listed for sale, and 99 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1572 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.