505/3 Orchid AvenueSurfers Paradise QLD 4217
Property Details for 505/3 Orchid Ave, Surfers Paradise
505/3 Orchid Ave, Surfers Paradise is a 3 bedroom, 2 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom Apartment sold in Surfers Paradise in the last 12 months.
Last Listing description (April 2024)
Innovative design, meticulous attention to detail and superior craftsmanship unite in this architecturally designed beachside residence. A property that is guaranteed to deliver an outstanding family holiday home or ultra-high returning investment. Located just metres from the shores of Surfers Paradise beach this generously proportioned 2 bedroom + study apartment has been engineered to maximise natural light, it reveals a vast layout offering sperate living and dining zones enhanced by custom lighting, Travertine and limestone fixtures and extensive custom cabinetry/joinery.
Property Highlights
2 Bedrooms + Study 2 Bathroom 1 Car
Ground-level courtyard featuring direct access to inground pool, gym and tennis court
Tones of storage, including backlit wall shelving in both living and dining zones
Luxurious kitchen featuring extensive cabinetry, European appliances and oversized travertine island bench
Both bedrooms with B.I.R (master bedroom with walk-through robe)
Air conditioning throughout
Light-filled study/private sitting room
Premium, fittings and finishes throughout
1 Secure Car Park - 24 Hours Security
Estimated Returns $1200 per week
Approximate Quarterly Outgoings:
Water Rates: $424.25
Council Rates: $768.50
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
Property History for 505/3 Orchid Ave, Surfers Paradise, QLD 4217
- 11 Apr 2024Sold for $875,000
- 28 Mar 2024Listed for Sale $935,000 + Offers
- 16 Oct 2023Sold for $520,000
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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 25,221 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.
Suburb Insights for Surfers Paradise 4217
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