SOLD
Sold on 19 Aug 2024 for $470,000

5/5 Watson Esplanade
Surfers Paradise QLD 4217

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
Land area: 217m2
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Property Details for 5/5 Watson Esp, Surfers Paradise

5/5 Watson Esp, Surfers Paradise is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 217m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Surfers Paradise in the last 12 months.

Building Type
Unit
Year Built
1975
Floor Size
71m2
Land Size
217m2
Local Government
Gold Coast City
Lot/Plan
5/BUP2583

Last Listing description (September 2021)

This 2 bedroom, 1 bathroom unit features a spacious lounge room with balcony overlooking the Nerang River. Located on the top floor in a small boutique block of 8 units, the unit includes air-con in the lounge room and one of the bedrooms, and 1 undercover carport. Situated only a short walk to the beach, light rail, shops and restaurants, you won't want to miss an inspection!

- 2 Bedrooms
- 1 Bathroom

- 1 Undercover carport
- River front views
- Unfurnished
- Large balcony
- Spacious living, dining and entertaining space
- Top floor
- Air con in lounge room and one of the bedrooms
- Short walk to the beach, light rail, shops and restaurants

PLEASE CALL 07 5538 5777 TO INSPECT

First National Surfers Paradise is a family owned and run business for the last 42 years. We pride ourselves on our friendly service and willing attitude. For your convenience we offer 7+ methods of paying rent. We also have convenient opening hours of 8.30-5.00pm Monday - Friday and 9-1pm on a Saturday. The office has a quick turn around period on applications and ensures a smooth transition into your new home.

Property History for 5/5 Watson Esp, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$470,000
19 Aug 2024
Listed for Rent
$370/w
17 Sep 2021
  • 19 Aug 2024
    Sold for $470,000
  • 26 Aug 2021
    Listed for Rent $365 / week
  • 23 Jun 2021
    Listed for Sale Offers Above $380,000
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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 25,218 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 357 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.