OFF MARKET

2/62 Paradise Island
Surfers Paradise QLD 4217

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 88m2
Land area: 198m2
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Property Details for 2/62 Paradise Island, Surfers Paradise

2/62 Paradise Island, Surfers Paradise is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1972. The property has a land size of 198m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Year Built
1972
Floor Size
88m2
Land Size
198m2
Local Government
Gold Coast City
Lot/Plan
2/BUP819

Last Listing description (January 2022)

This oversized two bedroom unit provides relaxed, private living while being only moments from the beach and all the nightlife/dining that Surfers Paradise and Broadbeach have to offer. Additionally there is a unique multipurpose room that would serve as an excellent home office/business space or second living.

- Two spacious bedrooms
- Large bathroom with separate laundry

- Renovated kitchen with abundance of bench space, storage and natural light
- Tightly held block of only four, all with long term owners, a rare opportunity
- Multipurpose room 17m2 great for WFH, home business or second living space
- Body Corporate $49 per week
- Water $293 per quarter Rates $1,760 per annum
- Walk to Surfers CBD, world renowned beach areas and tram station

Property History for 2/62 Paradise Island, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$465,000
21 Nov 2021
Listed for Rent
$300/w
23 Oct 2012
  • 21 Nov 2021
    Sold for $465,000
  • 17 Nov 2021
    Listed for Sale Offers over $430,000
  • 29 Oct 2020
    Sold for $330,000
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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 25,335 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 67.73% increase in median value, while Units have seen a 95.43% increase. As at 31 August 2024:

  • The median value for Houses in Surfers Paradise is $2,327,166 while the median value for Units is $758,108.
  • Houses have a median rent of $760 while Units have a median rent of $650.
There are currently 349 properties listed for sale, and 114 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1629 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.