5/16 Monaco StreetSurfers Paradise QLD 4217
Property Details for 5/16 Monaco St, Surfers Paradise
5/16 Monaco St, Surfers Paradise is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Unit sold in Surfers Paradise in the last 12 months.
Last Listing description (November 2024)
Nestled at the quiet end of Monaco Street, this charming apartment is just a stone's throw from Surfers Paradise and Broadbeach, offering a prime Gold Coast lifestyle. Set at the top of the building, this top floor unit provides a serene and private living space in a small complex of 8. The well-designed layout includes an open kitchen and dining area that flows seamlessly into a sunlit living room. One of the standout features of this property is its proximity to the Florida Gardens tram stop, making it convenient to explore the entire Gold Coast region.
Key features:
- Two spacious bedrooms
- Private outdoor retreat
- Low Body Corporate fees ($55 per week)
- Ideal location between Surfers Paradise and Broadbeach
- Short walk to Florida Gardens tram stop
- Close to beach, dining, and entertainment options
- Secure single garage with storage
- Rates approximately $1500 every 12 months
Property History for 5/16 Monaco St, Surfers Paradise, QLD 4217
- 15 Nov 2024Sold for $610,000
- 11 Jul 2024Listed for Sale Expressions of interest closing 15/10/2024
- 30 Dec 2021Transferred for $50,000
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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 25,402 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 68.36% increase in median value, while Units have seen a 97.59% increase. As at 28 February 2025:
- The median value for Houses in Surfers Paradise is $2,338,978 while the median value for Units is $771,437.
- Houses have a median rent of $750 while Units have a median rent of $690.
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