SOLD
RECENT ADVICE
Sold on 28 May 2024 for $400,000

49/69-73 Ferny Avenue
Surfers Paradise QLD 4217

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 49/69-73 Ferny Ave, Surfers Paradise

49/69-73 Ferny Ave, Surfers Paradise is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Apartment sold in Surfers Paradise in the last 12 months.

Building Type
Apartment

Last Listing description (May 2024)

Situated in 'Raffles Royale' only moment's from the Gold Coast's most famous beaches in Surfers Paradise, is this neat and tidy one bedroom apartment, with a tenant in place till August. Offering a superb unit to live in or the option for fantastic returns - this is an opportunity not to be missed. Perfect for the owner occupier or investor! Boasting a great living and dining area as well as a kitchen with plenty of storage and ample bench space with a balcony overlooking the pool area with plenty of natural light, plus a generously sized master bedroom and ensuite.

Enjoy the large swimming pool and perfect location only moments from everything you could need. This is a fantastic opportunity to secure your own centrally located apartment only footsteps from the beach, the trendy entertainment precinct, restaurants & cafes of Chevron Island, Surfers Paradise, Isle of Capri & major shopping centres. Inspect today as this property will not last long & must be sold!

* Motivated owners - Act fast this will not last long!

* One bedroom, one bathroom and one car park
* Currently tenanted to a great long term tenant at $430/week with a rental appraisal of $525/week
* Footsteps to Surfers Paradise beaches, lifestyle & entertaining precincts
* Tenanted till August and ready for new owners - live in, rent out or hold for future potential
* Owners are extremely motivated & will look at all written offers
* Golden opportunity for owner occupiers or investors

Location:
Chevron Renaissance Shopping Centre - 0.2km
G-Link Light Rail Stop - 0.3km
Surfers Paradise Beach - 0.5km
Chevron Island - 0.5km
Isle of Capri Via Roma Shopping Centre - 1.8km
Home of the Arts (HOTA) - 1.9km
Main Beach - 2.0km
Broadbeach - 2.6km
Gold Coast Convention & Exhibition Centre - 3.4km
Star Casino - 4.1km
Pacific Fair Shopping Centre - 5.3km

Disclaimer:
In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own inquiries to verify the information contained herein.

Property History for 49/69-73 Ferny Ave, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$400,000
28 May 2024
Listed for Rent
21 Aug 2024
  • 17 Jul 2024
    Listed for Rent $590 / week
  • 22 May 2024
    Sold for $400,000
  • 26 Sep 2022
    Listed for Sale All Offers Considered
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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 25,225 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 369 properties listed for sale, and 88 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1586 properties were sold in the past 12 months in Surfers paradise.

Suburb Insights for Surfers Paradise 4217

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Tyler Wright
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Ray White Surfers Paradise
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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.