SOLD
Sold on 01 May 2024 for $386,000

203/40 The Esplanade
Surfers Paradise QLD 4217

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 65m2
Land area: 76m2
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Property Details for 203/40 The Esplanade, Surfers Paradise

203/40 The Esplanade, Surfers Paradise is a 1 bedroom, 1 bathroom Unit and was built in 1966. The property has a land size of 76m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Surfers Paradise in the last 12 months.

Building Type
Unit
Year Built
1966
Floor Size
65m2
Land Size
76m2
Local Government
Gold Coast City
Lot/Plan
33/BUP82

Last Listing description (March 2023)

This property has an amazing balcony overlooking the pool area and the Beach. Located in The Sands building, this 1 bedroom has new carpet and curtains, is spacious and located walking distance to shops, the beach and public transport.

Located on Level 2, the building has a lift and stairs for access. The apartment has a spacious balcony, living area and bedroom. The property is unfurnished and ready from someone to move in asap.

Be quick to register for an inspection.!

**Inspections: Register to book an inspection and you will receive an invitation to attend. You will receive an update advising you are booked in and you will need to confirm your attendance

***Water included only / no carparking

Property History for 203/40 The Esplanade, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$386,000
01 May 2024
Listed for Rent
$420/w
10 Mar 2023
  • 01 May 2024
    Sold for $386,000
  • 15 Feb 2024
    Sold for $320,000
  • 04 Mar 2023
    Listed for Rent $420 / week
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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 25,221 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 368 properties listed for sale, and 86 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1599 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.