33/138 Ferny AvenueSurfers Paradise QLD 4217
Property Details for 33/138 Ferny Ave, Surfers Paradise
33/138 Ferny Ave, Surfers Paradise is a 1 bedroom, 1 bathroom Unit and was built in 2007. The property has a land size of 94m2.
Last Listing description (June 2024)
I highly recommend viewing this exceptional apartment if you are looking for a good return or running a self-managed super fund, then this is the one for you.
The spacious open-plan living area leads to a large balcony with stunning views of the Gold Coast Hinterland. The bedroom also offers access to the deck, making it one of the most desirable layouts in the building.
Situated in a prime location, just a short stroll from Budds Beach, next to the Marriot Hotel, and a short stroll to Budds Beach, Tram Station, Surfers Paradise Surf Beach is conveniently located to everything tourism. But located away from the hustle and bustle of Cavill Avenue.
This property presents a significant investment opportunity with nearly full occupancy. Additionally, the building features a luxurious resort-style swimming pool, spa pool, and onsite gym. For those considering a self-managed super fund, this property warrants serious consideration, offering an approximate 5% NETT ROI after factoring in management fees, rates, water rates, and other expenses.
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Property History for 33/138 Ferny Ave, Surfers Paradise, QLD 4217
- 18 Apr 2024Listed for Sale Offers Over $390,000
- 02 Dec 2019Listed for Sale $79,000
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0About 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 25,375 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 68.71% increase in median value, while Units have seen a 102.91% increase. As at 31 January 2025:
- The median value for Houses in Surfers Paradise is $2,329,327 while the median value for Units is $767,328.
- Houses have a median rent of $750 while Units have a median rent of $690.
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