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Sold on 06 Jun 2024 - Price Unavailable

Peninsular Drive
Surfers Paradise QLD 4217

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 94m2
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Property Details for 505/5 Peninsular Dr, Surfers Paradise

505/5 Peninsular Dr, Surfers Paradise is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Apartment sold in Surfers Paradise in the last 12 months.

Building Type
Apartment
Floor Size
94m2

Last Listing description (June 2024)

Peninsular Residences is a luxury boutique apartment building over looking the Gold Coast waterways with fabulous rooftop residents facilities including spa, BBQ and dining areas, private dining room, spa & yoga lawn!

THE APARTMENTS FEATURES
- Low density building of 51 apartments

- Overlooking beautiful river & city skyline
- 2 bed/2 bath apartments with hotel standard finishes
- Open plan living, full height windows with city skyline or hinterland views
- Full size entertainer's kitchen with Bosch appliances
- Air-conditioned throughout
- Designed for comfort, liveability and functionality with large useable balcony areas
- Separate laundry
- Secure car park

THE RESIDENT AMENITY
- Large resident roof recreational area with multiple zones and spectacular river, ocean and hinterland views
- Fully equip gym, spa, indoor and outdoor group dining areas
- Private dining / meeting / function room
- On site management and customer service
- High-tech security and monitoring system

*Both long term or short term letting options available - perfect holiday home*

THE LOCATION
- Riverside location that is super quiet, yet minutes from the Surfers Paradise activity hub
- Approx. 5 min walk to the Glink station, Café's, restaurants, Cavill Ave and the Beach

Property History for 505/5 Peninsular Dr, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
06 Jun 2024
  • 06 Jun 2024
    Sold for $725,000
  • 28 Apr 2024
    Listed for Sale Contact agent
  • 27 Mar 2018
    Sold for $529,000

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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 25,232 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 372 properties listed for sale, and 91 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1572 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.